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Fed's Powell says high inflation temporary, will 'wane'
06/22/2021 03:57pm • WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Tuesday responded to concerns from Republican lawmakers about spiking inflation by reiterating his view that current price increases will likely prove temporary. Consumer prices jumped 5% in May compared with a year earlier, the largest inc
EU approves 191.5 billion euros in recovery funds for Italy
06/22/2021 02:21pm • ROME (AP) — The European Union's executive Commission on Tuesday formally approved 191.5 billion euros ($228.5 billion) in pandemic recovery funds for Italy, the 27-nation bloc's third-biggest economy. Premier Mario Draghi said the funds will make Italy “more just, more competitive and more sust
Palestinian Authority arrests activist over online criticism
06/22/2021 10:24am • JERUSALEM (AP) — The Palestinian Authority arrested a prominent activist and held him overnight after he criticized its policies in a series of online posts and accused it of arresting another individual for political reasons. The PA, which has limited autonomy in parts of the Israeli-occupied Wes
In times of crises, Lebanon's old must fend for themselves
06/22/2021 09:37am • BEIRUT (AP) — Tiny and bowed by age, Marie Orfali makes the trip five times a week from her Beirut apartment to the local church, a charity and a nearby soup kitchen to fetch a cooked meal for her and her 84-year-old husband, Raymond. Their only support — Raymond’s $15,000 one-time end-of-ser
8 Best Cheap Stocks to Buy Now Under $5
06/22/2021 12:00am • These sub-$5 stocks appear set for big moves in the back half of 2021.A lot of investors like to focus on low-priced stocks. A stock trading for $5 per share or less inherently seems cheaper than higher-priced rivals. For the cost of one share of Amazon.com (ticker: AMZN) stock, for example, an inve
DC leaders break ground on next phase of Southeast development
06/21/2021 04:44pm • Five mayors of D.C., city planners and community activists have worked for decades to achieve what Mayor Muriel Bowser said is now official in Southeast: a new development offering housing and food options for residents east of the Anacostia River. "As a community, we have waited a long time fo
Westlake, Lydall rise; Amazon, Nvidia fall
06/21/2021 04:21pm • NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: Westlake Chemical Corp., up $2.65 to $93.96. The ethylene producer is buying Boral's North American building products business for $2.15 billion. Raven Industries Inc., up $19.03 to $57.65. CNH Industrial is buying
In surprise move, Norwegian low-cost airline names new CEO
06/21/2021 11:10am • COPENHAGEN, Denmark (AP) — A new CEO for low-cost carrier Norwegian Air Shuttle was tapped Monday when the carrier’s Chief Financial Officer Geir Karlsen was named a day after the board decided to immediately terminate the contract with former CEO Jacob Schram. No reason was given for the change
How to Get a Replacement Social Security Card
06/21/2021 12:00am • If your Social Security card has been lost or stolen, you can request a new Social Security card from the Social Security Administration. Many people are able to apply for a replacement Social Security card online, while others need to submit an application for a new card via mail or in person. Soc
Turkey still waiting for bright future after Euro 2020 exit
06/20/2021 03:32pm • BAKU, Azerbaijan (AP) — Turkey came to the European Championship with a team for the future. It'll have to wait a little longer to prove what it can do. There were hopes that one of the youngest teams by average age at Euro 2020 could be a surprise contender — like in 2008 when Turkey reached th
Barcelona signs Netherlands striker Memphis Depay
06/19/2021 02:01pm • BARCELONA, Spain (AP) — Barcelona added Netherlands striker Memphis Depay to its attack on Saturday as a free agent from Lyon. The Spanish club said the 27-year-old Depay agreed to a two-year contract. After stints with Dutch club PSV Eindhoven and Manchester United, Depay joined Lyon in January 2
Virus surge claims brightest minds at Indian universities
06/19/2021 03:13am • SRINAGAR, India (AP) — Sajad Hassan sat at his professor's hospital bedside for three nights, doing most of the talking as his friend and mentor breathed through an oxygen mask and struggled with a suspected COVID-19 infection. Both were confident the 48-year-old academic would be heading home so
Consortium, loan announced for Fargo flood project
06/18/2021 05:39pm • BISMARCK, N.D. (AP) — A $2.75 billion project aimed at protecting Fargo and Moorhead, Minnesota, from chronic flooding gained ground Friday with the acceptance of a massive federal loan and the pick of a international consortium to build a key piece. The public-private partnership that will build
Pilgrim's Pride, JPMorgan fall; Adobe, Smith & Wesson rise
06/18/2021 04:18pm • NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Adobe Inc., up $14.23 to $565.59. The software maker gave investors an encouraging profit forecast after reporting strong second-quarter financial results. Pilgrim's Pride Corp., down 36 cents to $21.25. The poultr
AC Milan signs defender Tomori from Chelsea after loan spell
06/18/2021 10:39am • MILAN (AP) — AC Milan has exercised its option to sign Fikayo Tomori from Chelsea after the defender's loan spell with the Italian club in the second half of the season. The Serie A club paid a reported fee of at least $33 million for the 23-year-old Tomori, who joined Milan in January and helped
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