The United States will further expand its sanctions on Russia in response to the bloody invasion of Ukraine, targeting members of the country’s parliament and the central bank’s gold reserves, the White House announced Thursday. At the same time, the Biden administration said the U.S. will increase its humanitarian assistance… Read More
Fed chair pushes for new regulations on digital currencies
Federal Reserve Chair Jerome Powell said new forms of digital money such as cryptocurrencies and stablecoins present risks to the U.S. financial system and will require new rules to protect consumers. Powell, speaking Wednesday on a panel organized by the Bank for International Settlements, a global organization of central bankers,… Read More
Pandemic relief money spent on hotel, ballpark, ski slopes
Thanks to a sudden $140 million cash infusion, officials in Broward County, Florida, recently broke ground on a high-end hotel that will have views of the Atlantic Ocean and an 11,000-square-foot spa. In New York, Dutchess County pledged $12 million for renovations of a minor league baseball stadium to meet… Read More
Big staff turnover at liberal BuzzFeed
BuzzFeed is shrinking and shifting the focus of its Pulitzer prize-winning news division as the digital media company, best known for its lighthearted lists and quizzes, strives to increase its profitability. The New York-based company is offering voluntary buyouts in its high-profile, 100-person newsroom and some top editors are leaving…. Read More
SEC claims authority to subpoena Elon Musk over tweets
U.S. securities regulators say they have legal authority to subpoena Tesla and CEO Elon Musk about his tweets, and that Musk’s move to throw out a 2018 court agreement that his tweets be pre-approved is not valid. The Securities and Exchange Commission also disclosed publicly that it is investigating Musk’s… Read More
Museum known for ground zero tours could shut within weeks
Years before the Sept. 11 museum was built at the World Trade Center, a storefront visitor center across the street opened to offer tours led by victims’ relatives, survivors and others with personal ties to the trauma and tragedy of 9/11. Sixteen years and five million visitors later, what is… Read More
Russo-Ukrainian War imperils wheat, but farmers in no rush to pivot
Russia’s war in Ukraine could mean changes for Ed Kessel’s farm along a quiet stretch of western North Dakota. Worldwide, farmers like Kessel are weighing whether to change their planting patterns and grow more wheat this spring as the war has choked off or thrown into question grain supplies from… Read More
Labor shortage leaves after-school programs with unmet demand
The return to classrooms for the nation’s schoolchildren has not meant a return to work for many of their parents who, with workdays that outlast school days, are finding crucial after-school programs in short supply. School-based providers list difficulties hiring and retaining staff as the biggest reasons they have not… Read More
New England library makes a home for canceled books
There’s an “Island of Misfit Toys” in the popular holiday classic. Now there’s an island for unwanted and banned books, too. The tiny library on Matinicus Island 22 miles (35 kilometers) off the Maine coast is on a mission to fill its shelves with books that have fallen out of… Read More
‘Pay copy’: Marvel Comics #1 sells for $2.4M
A particularly prized copy of the first-ever Marvel comic book fetched more than $2.4 million in an online auction, the auctioneer said Friday. Known as the Marvel Comics #1 “pay copy,” it’s “arguably one of the top three comic books in the world of comics collecting,” said Vincent Zurzolo, chief… Read More
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