WASHINGTON – In an ironic twist, the Trump administration’s embrace of work requirements for low-income people on Medicaid is prompting lawmakers in some conservative states to resurrect plans to expand health care for the poor. Continue Reading Below Trump’s move has been widely criticized as threatening the Affordable Care Act’s […]
FAN Editor
Modi’s Davos address may have taken a subtle dig at China
Indian Prime Minister Narendra Modi highlighted his country’s democratic strengths in what some analysts interpreted as a dig at China during an address to global government and business leaders. Modi — the first Indian prime minister to attend the annual World Economic Forum meeting in Davos, Switzerland since 1997 — […]
Powell taking over as Fed chairman at time of economic calm
WASHINGTON – It would seem like a pretty good time to take over as chairman of the Federal Reserve. Continue Reading Below Jerome Powell has won Senate confirmation to head the U.S. central bank, inheriting an economy on a roll, a booming stock market and unemployment at a 17-year low. […]
Oil dips on higher US fuel supplies, but overall market remains supported
Oil prices fell on Wednesday, weighed down by data that showed an increase in U.S. crude oil and gasoline inventories. Continue Reading Below Brent crude oil futures were at $69.83 a barrel at 0444 GMT, down 13 cents from their last close. U.S. West Texas Intermediate (WTI) crude futures were […]
South Korea GDP growth seen slowing last quarter as factory output slipped
The city skyline of Incheon is pictured early morning in an aerial view south of Seoul, South Korea, January 21, 2018. REUTERS/ Fabrizio Bensch January 24, 2018 By Dahee Kim and Cynthia Kim SEOUL (Reuters) – South Korea’s economic growth is expected to have slowed significantly in the fourth quarter […]
EU ambassador says he expects release of Swedish citizen detained by China
FILE PHOTO: EU Ambassador to China Hans Dietmar Schweisgut attends a news conference at the Delegation of the European Union to China in Beijing May 9, 2017. REUTERS/Thomas Peter January 24, 2018 BEIJING (Reuters) – The European Union’s Ambassador to China Hans Dietmar Schweisgut said on Wednesday he expects Chinese […]
Wozniacki sees off Suarez Navarro to reach semi-finals
Tennis – Australian Open – Quarterfinals – Rod Laver Arena, Melbourne, Australia, January 24, 2018. Denmark’s Caroline Wozniacki shakes hands with Spain’s Carla Suarez Navarro after Caroline Wozniacki wins the match. REUTERS/Edgar Su January 24, 2018 By Ian Ransom MELBOURNE (Reuters) – Former world number one Caroline Wozniacki marched into […]
NCAA to probe university’s handling of disgraced doctor’s abuse scandal
A spokesperson for Michigan State University confirmed Tuesday to CBS Detroit that the NCAA has sent a letter to the school’s athletic department about disgraced gymnastics doctor Larry Nassar, who is accused of abusing more than 120 women and girls. Women and girls who have accused him of abuse have […]
NCAA to investigate university’s handling of disgraced doctor’s abuse scandal
A spokesperson for Michigan State University confirmed Tuesday to CBS Detroit that the NCAA has sent a letter to the school’s athletic department about disgraced gymnastics doctor Larry Nassar, who is accused of abusing more than 120 women and girls. Women and girls who have accused him of abuse have […]
Court in Vietnam starts 2nd embezzlement trial of executive
HANOI, Vietnam – The embezzlement trial began Wednesday for a former executive at Vietnam’s state oil giant who Germany said was kidnapped from there by Vietnamese agents last year. Continue Reading Below Trinh Xuan Thanh was the former chairman of state energy giant PetroVietnam’s construction arm and is accused of […]