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Lebanon crisis brings mixed legacy for central bank governor
BEIRUT (AP) — Touted as the guardian of Lebanon’s monetary stability, he steered the tiny country's finances for nearly three decades, through post-war recovery and bouts of unrest.
US employers pulled back on hiring in October, adding 150,000 jobs in face of higher borrowing rates
Last month's job growth, though down sharply from a robust 297,000 gain in September, was solid enough to suggest that many companies still want to hire and that the economy remains sturdy.
Santa Fe considers tax on mansions as housing prices soar
The tax on homes sold for more than $1 million is being pitched as a lifeline to teachers, service-sector workers, single parents and young professionals who can't afford local mortgages or struggle to pay rent amid a national housing shortage and the arrival in Santa Fe of high-income digital nomads and affluent retirees.
Salvadorans walk to honor Saint Óscar Romero
Up to 3,000 Salvadoran Catholics will participate in Saint Óscar Romero's pilgrimage, an annual event that kicks off in El Salvador each Aug. 1 to honor San Salvador's archbishop, who was appointed saint by Pope Francis in 2018. "He was the most beloved and hated man of his time," said Cardinal Gregorio Rosa Chávez, who was his disciple and friend. Already known to many as "Saint Romero of the Americas," he was beloved among the working class and poor for defending them against repression by the army. But he was equally loathed by conservative sectors who saw him as aligned with leftist causes as the country descended into a 1980-1992 civil war.
Businesses use job fair seeking employees in challenging market
More than 100 employers gathered at Northwest Montana Job and Opportunity Fair Thursday looking to reach potential employees in a competitive job market.
Employers at job fair hope to attract workers with opportunities to grow
More than 100 employers gathered at Northwest Montana Job and Opportunity Fair Thursday looking to reach potential employees in a competitive job market.
US, EU agree to freeze assets of Russia's Putin, Lavrov
Warning to Putin that he could emerge as an international pariah if he doesn’t end the invasion of Ukraine
EXPLAINER: Just how hard could US sanctions hit Russia?
Strongly in the mix are penalties targeting Russia’s biggest state banks and new export controls
US puts 8,500 troops on heightened alert amid Russia tension
The NATO announcement came as European Union foreign ministers sought to put on a fresh display of unity in support of Ukraine
Hospital foundation director found passion in nonprofit work
Nonprofit work was a second career for Whitefish native Alan Satterlee, and the choice to pursue it made him take a long look at his passions in life.
Stocks end higher as Amazon, Netflix pull away from pack
NEW YORK (AP) — Stock indexes ended a wobbly day with modest gains Thursday, while the biggest increases went to Amazon, Netflix and other companies poised to do the best during the coronavirus crunch. The S&P 500 rose 0.6% after flipping between small gains and losses all day. The latest dour report on the job market dampened sentiment after the government reported that 5.2 million workers filed for unemployment benefits last week. More stocks fell than rose as companies bound to suffer most from the virus-related shutdowns pulled back. That included banks, energy and industrial companies as well as small-company stocks. Bond prices rose, sending yields lower.
First signs of disruption appear in housing; markets 'calm'
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed as it continues to spread across the world. Here is a look at some of the latest developments Wednesday related to the global economy, particular economic sectors, and the workplace:
First signs of housing disruption appear; a call for robots
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed as it continues to spread across the world. Here is a look at some of the latest developments Wednesday related to the global economy, particular economic sectors, and the workplace:
First signs of housing disruption appear; a call for robots
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed as it continues to spread across the world. Here is a look at some of the latest developments Wednesday related to the global economy, particular economic sectors, and the workplace:
The Latest: Europe stocks have one of their worst days ever
NEW YORK (AP) — The Latest on the action in the financial markets (all times local):
Market swings and a wave of cancellations as virus spreads
WASHINGTON (AP) — Seven weeks after the first case of COVID-19 was confirmed in the U.S., the outbreak is now classified as a pandemic and it's doing widespread damage to critical economic sectors of the global economy. Airlines are cutting capacity, people are working from home, major public events that raise millions of dollars for local communities have been canceled. The NCAA will hold its annual March Madness basketball tournament without fans in stands and CME Group says it will shutter its Chicago trading floor at the close of business Friday. The Associated Press is publishing a running tally of the effects of the coronavirus on people, businesses, and the economy.
Market swings and a wave of cancellations as virus spreads
WASHINGTON (AP) — Seven weeks after the first case of COVID-19 was confirmed in the U.S., the outbreak is now classified as a pandemic and it's doing widespread damage to critical economic sectors of the global economy. Airlines are cutting capacity, people are working from home, major public events that raise millions of dollars for local communities have been canceled. The NCAA will hold its annual March Madness basketball tournament without fans in stands and CME Group says it will shutter its Chicago trading floor at the close of business Friday. The Associated Press is publishing a running tally of the effects of the coronavirus on people, businesses, and the economy.
Brazil leaves its many poor hanging amid coronavirus surge
RIO DE JANEIRO (AP) — Work had already dried up for Ivanilson Gervásio when the coronavirus first emerged in Brazil in late February. As cases now surge amid a simultaneous implosion of Latin America's largest economy, hope of finding a job is gone, forcing Gervásio to line up for hours outside a state-owned bank for a $110 monthly government handout.
Pandemic job actions offer hope for renewed labor movement
Jordan Flowers never thought he would become a labor leader. Then the coronavirus forced him to risk his life every time he clocked in.
Brazil leaves its many poor hanging amid coronavirus surge
RIO DE JANEIRO (AP) — Work had already dried up for Ivanilson Gervásio when the coronavirus first emerged in Brazil in late February. As cases now surge amid a simultaneous implosion of Latin America's largest economy, hope of finding a job is gone, forcing Gervásio to line up for hours outside a state-owned bank for a $110 monthly government handout.