Category Archives: World

Fed stresses its commitment to low rates for the long run
WASHINGTON - The Federal Reserve pledged on Wednesday to keep its low interest rate policies in place even well after the economy has sustained a recovery from the viral pandemic. The Fed said in a st...
Jan 27, 2021

US issues domestic terrorism alert early in Biden's term
WASHINGTON - The Department of Homeland Security issued a national terrorism bulletin Wednesday warning of the potential for lingering violence from people motivated by anti-government sentiment after...
Jan 27, 2021

Cannes Film Festival, cancelled in 2020, is postponed to July
NEW YORK - The Cannes Film Festival, cancelled altogether last year by the pandemic, is postponing this year's edition from May to July in hopes of having an in-person festival. Cannes organizers anno...
Jan 27, 2021

In battle over GameStop shares, two big players flinch
A David and Goliath saga is unfolding in financial markets over the stock price of struggling retail chain GameStop. On Wednesday, Goliath walked away from the battle. Two Goliaths, actually. A pair o...
Jan 27, 2021

Stocks fall sharply on Wall Street, led lower by tech stocks
Stocks were broadly lower in early trading on Wall Street on Wednesday, as investors focus on the Federal Reserve's policy meeting and the outlook for the economy as the coronavirus pandemic rages on....
Jan 27, 2021

AP Interview: All 33 sports 'unanimously' want Tokyo Games
ROME - The IOC is adamant the Tokyo Olympics will be held this year despite the pandemic. So, too, are Japanese organizers. Now hear it from the man who represents the track and field, swimming and gy...
Jan 27, 2021

Tensions rise as AstraZeneca, EU hold vaccine delivery talks
BRUSSELS - The European Union's dispute with AstraZeneca over vaccine supplies intensified Wednesday as the drugmaker defended itself against claims that it had reneged on contractual commitments and ...
Jan 27, 2021

US durable goods orders show modest 0.2% December gain
WASHINGTON - Orders to U.S. factories for big-ticket manufactured goods rose a modest 0.2% in December, held back by a big drop in the volatile aircraft sector. A key category that tracks business inv...
Jan 27, 2021

Man to plead guilty in plot to kidnap Michigan governor
DETROIT - One of six men charged in an alleged plot to snatch Michigan Gov. Gretchen Whitmer has agreed to plead guilty to a kidnapping conspiracy, according to a court document filed Wednesday. The f...
Jan 27, 2021

Lawrence Wright's 'The Plague Year' to release in June
NEW YORK - One of the first book-length inside accounts of the coronavirus pandemic will be coming out in June. Lawrence Wright's "The Plague Year," which builds on a New Yorker story that ran earlier...
Jan 27, 2021