Month: December 2021

By PAUL WISEMAN and DEE-ANN DURBIN AP Business Writers The global economy hadn’t experienced anything like this for decades. Maybe ever. After years in which ultra-low inflation became a fixture of economies across the world, prices rocketed skyward in 2021 — at the grocery store, the gasoline pump, the used-car lot, the furniture store. Chalk

KARACHI, Pakistan (AP) — A lawyer says a Pakistani court has sentenced four men implicated in the 2013 killing of a female activist in Karachi to life in prison. A fifth man was sentenced to seven years. The five did not actually pull the trigger in the shooting ambush of Perveen Rehman but were convicted

By COLLEEN LONG Associated Press WASHINGTON (AP) — A Capitol rioter who attacked police officers working to hold back the angry mob on Jan. 6 has been sentenced to more than five years behind bars, the most so far for anyone sentenced in the insurrection. Robert Palmer, 54, of Largo, Florida, wept as he told

By MARCIA DUNN AP Aerospace Writer CAPE CANAVERAL, Fla. (AP) — NASA is shooting for next Friday to launch its newest space telescope. NASA Administrator Bill Nelson confirmed that the James Webb Space Telescope will attempt to blast off on Christmas Eve. A European Ariane rocket will provide the lift from South America’s French Guiana.

NEW YORK (AP) — The editor of Forbes magazine says he testified Thursday before a grand jury hearing evidence in a criminal investigation into former President Donald Trump and his business practices, answering questions about a magazine article examining whether the former president inflated his wealth. Forbes editor Randall Lane wrote in a post on

By LAETITIA BEZAIN Associated Press ANTANANARIVO, Madagascar (AP) — A court in Madagascar has convicted two French citizens of having plotted a failed coup against President Andry Rajoelina and sentenced them to 10 years and 20 years of forced labor. At the end of a 10-day trial in Antananarivo, the capital, Paul Rafanoharana was sentenced

By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — The nation’s top financial regulators told Congress Friday that threats to financial stability remain elevated even though the country has recovered from the worst economic shocks stemming from the COVID pandemic. In its annual report on financial system threats, the Financial Stability Oversight Council listed climate

KINGSLAND, Ga. (AP) — A federal agency expects to announce its decision Monday on whether to allow a launchpad that would fly commercial rockets from coastal Georgia. However, the Federal Aviation Administration is emphasizing that a license authorizing Camden County to operate a spaceport would not yet permit the launch of any rockets. In a

CAMBRIDGE, Mass. (AP) — Students will be able to apply to Harvard University without submitting SAT or ACT scores for at least the next four years. Harvard announced the move Thursday amid concerns about students’ access to testing sites during the pandemic. It extends a policy many colleges have adopted during the pandemic and that