Feb 12 Super Bowl bets placed online surged this year, verification company says By Wayne Parry, Associated Press Data from GeoComply shows the number of verification checks it carried out over the weekend increased by more than 22 percent from last year. Continue reading
Feb 09 Farmers in Italy, Spain and Poland protest over European Union policies By Ciarán Giles, Monika Scislowska, Associated Press The actions follow similar ones in other EU member nations in recent weeks with farmers complaining that the 27-nation bloc's environmental and other policies are a financial burden and make their products more expensive than non-EU imports. Continue reading
Feb 08 Inflation is nearly back to 2 percent. So why isn’t the Federal Reserve ready to cut rates? By Christopher Rugaber, Associated Press Inflation, as measured by its preferred gauge, rose in the second half of 2023 at an annual rate of about 2 percent — the Fed's target level. Continue reading
Feb 08 More Republicans support spending on child care, saying it’s an economic issue By Moriah Balingit, Associated Press As federal pandemic aid dries up, Republican state lawmakers are embracing plans to support child care as a workforce issue — and even making it central to their policy agendas. Continue reading
Feb 07 DEA reverses decision stripping drug distributor of licenses for fueling opioid crisis By Joshua Goodman, Jim Mustian, Associated Press As part of the settlement announced Wednesday, Morris & Dickson Co. agreed to admit wrongdoing, comply with heightened reporting requirements and surrender one of its two certificates of registration with the DEA. Continue reading
Feb 07 Thousands of Spanish farmers stage a 2nd day of tractor protests over EU policies By Ciarán Giles, Raf Cassert, Associated Press Spanish farmers blocked highways and caused traffic jams to demand changes in European Union farming policies. They are also calling for more funds and measures to combat production cost hikes and severe drought. Continue reading
Feb 07 ExxonMobil to explore for oil and gas in offshore area under dispute by Guyana and Venezuela By Bert Wilkinson, Associated Press The move could escalate tensions between Venezuela and neighboring Guyana, which awarded the exploration license. The area is considered part of Guyana's Essequibo region, but Venezuela has long claimed it as its own. Continue reading
Feb 07 Mexico overtakes China as the leading source of goods imported to U.S. By Paul Wiseman, Associated Press The shift reflects the growing tensions between Washington and Beijing as well as U.S. efforts to import from countries that are friendlier and closer to home. Continue reading
Feb 06 FAA tells Congress not to raise the mandatory retirement for pilots until it can study the issue By Associated Press The House voted last year to raise the retirement age from 65 to 67 as part of a larger bill covering FAA operations. A Senate committee is scheduled to take up its version of the bill later this week. Continue reading
Feb 06 IRS expects to collect hundreds of billions more in unpaid taxes thanks to new funding By Fatima Hussein, Associated Press The report says tax revenues are expected to increase by as much as $561 billion from 2024 to 2034, which is substantially more than previous estimates. Continue reading