WARSAW, Poland (AP) — Polish soldiers began laying razor wire Wednesday along Poland’s border with the Russian exclave of Kaliningrad after the government ordered the construction of a barrier to prevent what it fears could become another migration crisis. Defense Minister Mariusz Blaszczak said a recent decision by Russia’s aviation authority to launch flights from…
COPENHAGEN, Denmark (AP) — Despite finishing first in Denmark’s election, Prime Minister Mette Frederiksen decided to step down along with her Social Democratic government Wednesday in an attempt to build a broader coalition across the political divide. Frederiksen’s announcement came after a dramatic vote count in which the center-left bloc that has backed her since…
BEIJING (AP) — Access to an industrial zone in the central Chinese city of Zhengzhou was suspended Wednesday after the city reported 64 coronavirus cases and workers who assemble Apple Inc. iPhones left their factory in the zone following outbreaks. The announcement did not say whether the isolation of the Zhengzhou Airport Economic Zone was…
BEIJING (AP) — Asian stock markets tumbled Thursday after the Federal Reserve added to recession fears by saying it wasn’t finished raising U.S. interest rates to cool inflation. Hong Kong’s benchmark lost 3.1%. Shanghai, Seoul and Sydney also followed Wall Street lower after the Fed on Wednesday raised its key rate to the highest level…
HONG KONG (AP) — Chinese regulators downplayed China’s real estate slump and slowing economic growth while Hong Kong’s top leader pitched Hong Kong as a unique link to the rest of China at a high-profile investment summit Wednesday. About 200 global financial executives gathered to network and discuss issues such as global risks and sustainable…
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell sought Wednesday to strike a delicate balance at a moment when high inflation is bedeviling the nation’s economy and commanding a central role in the midterm elections. Powell suggested that the Fed may decide in coming months to slow its aggressive interest rate increases. Yet he also…
CHICAGO (AP) — United Airlines pilots have overwhelmingly rejected a tentative contract, the latest move showing the resolve by airline unions to push for significant pay raises. The deal would have given pilots raises of nearly 15% over 18 months, according to the union. The Air Line Pilots Association said Tuesday that 94% of the…
NEW YORK (AP) — Days after taking over Twitter and a week before the U.S. midterm elections, billionaire Elon Musk has positioned himself as moderator-in-chief of one of the most important social media platforms in American politics. Musk has said he won’t make major decisions about content or restoring banned accounts before setting up a…
WASHINGTON (AP) — Help-wanted signs are everywhere. Employers are posting nearly two job openings for every unemployed American. Hiring is on track for its second-strongest year in government records dating to 1940. And the economy grew solidly over the summer. From certain angles, the nation’s economic picture looks like a healthy one. But the scene…
WASHINGTON (AP) — U.S. job openings rose unexpectedly in September, suggesting that the American labor market is not cooling as fast as the inflation fighters at the Federal Reserve hoped. Employers posted 10.7 million job vacancies in September, up from 10.3 million in August, the Labor Department said Tuesday. Economists had expected the number of…
