Economy

The federal government is starting to forecast the budget impacts of climate change. Hurricane damage is a big driver, and could cause up to an additional $94 billion annually in coastal disaster response costs by 2100.

The future cost of climate inaction? $2 trillion a year, says the government

7:54am April 07, 2022

by Laura Benshoff

The federal government has begun tallying the damage climate change could do to the economy and its budget. This comes as scientists warn time is running out to avoid catastrophic global warming.

U.S. Education Secretary Miguel Cardona delivers remarks in Washington, D.C., in January. The department has extended the freeze on federal student loan payments several times since the pandemic began in March 2020.

The student loan pause has been extended until the end of the summer

7:04pm April 06, 2022

by Cory Turner

The Biden administration extended the freeze on student loan payments yet again, this time until September, and announced a reset for borrowers in default.

Contaminants from fertilizer mean some rural areas must pay millions for clean water

4:29pm April 06, 2022

by David Condos

In rural farming regions, dangerous chemicals from fertilizer have made their way into water sources. For some towns, it takes millions of dollars just to get clean water for a few hundred residents.

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NC will participate in national online job fair for people with disabilities

4:15pm April 06, 2022

by Keri Brown

The sun sets behind a crude oil storage facility in Cushing, Oklahoma, on May 4, 2020. The IEA's 31 members plan to release 120 million of barrels of oil from their emergency reserves, half of which will come from the U.S. as part of a previously announce

Economy

31 countries plan a big release of emergency oil to ease gasoline prices at the pump

3:17pm April 06, 2022

by Brittany Cronin

The International Energy Agency plans to release 120 million of barrels of oil from their emergency reserves, including 60 million from a previously announced U.S. drawdown.

Struggling Democrats hope growing union support will provide boost in midterms

11:43am April 06, 2022

by Stephan Bisaha

With support for unions at its highest point since 1965, Democrats hope they can capitalize on that sentiment as they struggle to connect with voters on other issues.

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Despite multiple court orders, their landlord, Douglas Ritter, refuses to restore water service to the apartment where Angel Garcia (above) and his family live. Ritter padlocked the entrance to the basement to prevent anyone from restoring water. He beli

NY landlords can't evict while tenants wait for aid; some try other ways to clear property

8:00am April 06, 2022

by Jillian Forstadt

Angel Garcia's family, with seven children under age 10, faces eviction.

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Fast CEO Domm Holland at Web Summit 2021 in Lisbon. On Tuesday, he announced the startup would close its doors.

Economy

Fast, the easy checkout startup, shuts down after burning through investors' money

9:33pm April 05, 2022

by Bobby Allyn

The startup received more than $120 million from venture capitalists in Silicon Valley and the support of Stripe, yet questions remained about its flamboyant CEO's business decisions and past deals.

A woman walks past a currency exchange office in central Moscow on Feb. 24.

How Russia rescued the ruble

6:05pm April 05, 2022

by Paddy Hirsch

The Russian ruble lost nearly half its value when Russia invaded Ukraine. Since then, it has been the top-performing currency in the world.

A man wearing a face mask walks along a shopping street on March 25, 2022, in Tokyo.

World Bank says war shocks will drag on Asian economies

12:27am April 05, 2022

by The Associated Press

The development lending institution urges governments to lift restrictions on trade and services and to end fossil fuel subsidies to encourage adoption of more green energy technologies.