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MONEY NEWS FROM THE ASSOCIATED PRESS

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  • Senate Finance panel OKs Tai as top U.S. trade negotiator

    WASHINGTON (AP) — The Senate Finance Committee easily approved President Joe Biden’s pick to be America’s top trade negotiator. The panel on Wednesday confirmed Katherine Tai to be U.S. trade representative on a voice vote. Her nomination, which has received strong bipartisan support, will now go to the full Senate for approval. Tai has promised […]
  • Senate Finance panel OKs Tai as top U.S. trade negotiator

    WASHINGTON (AP) — The Senate Finance Committee easily approved President Joe Biden’s pick to be America’s top trade negotiator. The panel on Wednesday confirmed Katherine Tai to be U.S. trade representative on a voice vote. Her nomination, which has received strong bipartisan support, will now go to the full Senate for approval. Tai has promised […]
  • Top EU official vows more support for Ukraine

    KYIV, Ukraine (AP) — A top European Union official promised Wednesday to further expand support for Ukraine, saying that “there is no Europe without Ukraine.” “The EU-Ukraine Association Agreement is the most ambitious, comprehensive agreement the EU has with another country,” European Council President Charles Michel said. “As part of this Agreement, Ukraine has agreed […]
  • Top EU official vows more support for Ukraine

    KYIV, Ukraine (AP) — A top European Union official promised Wednesday to further expand support for Ukraine, saying that “there is no Europe without Ukraine.” “The EU-Ukraine Association Agreement is the most ambitious, comprehensive agreement the EU has with another country,” European Council President Charles Michel said. “As part of this Agreement, Ukraine has agreed […]
  • Brazil economy faces headwinds after worst plunge in decades

    RIO DE JANEIRO (AP) — RIO DE JANEIRO — Brazil dodged the most dire economic forecasts in 2020, but official figures released Wednesday show the COVID-19 pandemic still battered the nation and it continues to dim the outlook for recovery. Brazil’s gross domestic product contracted 4.1% in 2020, the biggest annual recession since the series […]
  • Brazil economy faces headwinds after worst plunge in decades

    RIO DE JANEIRO (AP) — RIO DE JANEIRO — Brazil dodged the most dire economic forecasts in 2020, but official figures released Wednesday show the COVID-19 pandemic still battered the nation and it continues to dim the outlook for recovery. Brazil’s gross domestic product contracted 4.1% in 2020, the biggest annual recession since the series […]
  • Germany seeks to improve oversight of firms’ delivery chains

    BERLIN (AP) — Germany’s Cabinet on Wednesday approved legislation that seeks to make big companies ensure environmental rules and human rights are respected throughout their delivery chains. The plan, the result of prolonged haggling in Chancellor Angela Merkel’s governing coalition of center-right and center-left parties, is set to take effect from 2023. It would apply […]
  • US service sector growth slows sharply in February

    WASHINGTON (AP) — Growth in the services sector, where most Americans works, slowed sharply in February with hurdles related to the pandemic hindering growth. The Institute for Supply Management said Wednesday that its index of service sector activity dropped to a reading of 55.5% in February, down 3.4 percentage-points from January when activity neared a […]
  • Solid sign-ups for Biden’s new ‘Obamacare’ coverage offer

    WASHINGTON (AP) — More than 200,000 people signed up for coverage in the first two weeks after President Joe Biden re-opened HealthCare.gov as part of his coronavirus response, the government said Wednesday. The solid start to the three-month special enrollment period indicates a pent-up demand for health insurance as the COVID-19 pandemic approaches the one-year […]
  • Pandemic puts 1 in 3 nonprofits in financial jeopardy

    NEW YORK (AP) — More than one-third of U.S. nonprofits are in jeopardy of closing within two years because of the financial harm inflicted by the viral pandemic, according to a study being released Wednesday by the philanthropy research group Candid and the Center for Disaster Philanthropy. The study’s findings underscore the perils for nonprofits […]