‘We’re back, baby’: New bill boosts US climate credibility

WASHINGTON (AP) — After a moment when hopes dimmed that the United States could become an international leader on climate change, legislation that Congress is poised to approve could rejuvenate the country’s reputation and bolster its efforts to push other nations to reduce greenhouse gas emissions more quickly. The head-snapping turn of events, which has … Read more

FAO food price index fell sharply in July but the respite may not last

Farmers harvest a wheat field near Melitopol in Ukraine. Wheat, soybean, sugar, and corn futures have fallen from their March highs back to prices seen at the start of 2022. Olga Maltseva Afp | Getty Images Food prices dropped significantly in July from the previous month, particularly the costs of wheat and vegetable oil, according … Read more

Senate Democrats approve big Biden deal; House to vote next

WASHINGTON (AP) — Democrats pushed their election-year economic package to Senate passage Sunday, a hard-fought compromise less ambitious than President Joe Biden’s original domestic vision but one that still meets deep-rooted party goals of slowing global warming, moderating pharmaceutical costs and taxing huge corporations. The estimated $740 billion package heads next to the House, where … Read more

US Senate approves bill to fight climate change, cut drug costs | Business and Economy News

Democrats in the United States have passed a sweeping $430bn bill intended to fight climate change, lower drug prices and raise some corporate taxes, in a major victory for President Joe Biden. The package, known as the Inflation Reduction Act, passed the Senate on Sunday by a 51-50 party line vote with Vice President Kamala … Read more

US climate bill is welcomed internationally but still criticized for not going far enough

CNN — The Democrats’ $369 billion climate package, the largest such investment in US history, could have significant implications for global greenhouse gas emissions and the US’ standing in the world, after months of uncertainty in Congress undermined the Biden administration’s claims that “America is back .” US officials are hoping it puts them in … Read more

Senate backs Finland, Sweden for NATO 95-1, rebuking Russia

WASHINGTON (AP) — US Senators delivered overwhelming bipartisan approval to NATO membership for Finland and Sweden Wednesday, calling expansion of the Western defensive bloc a “slam-dunk” for US national security and a day of reckoning for Russian President Vladimir Putin over his invasion of Ukraine. Wednesday’s 95-1 vote — for the candidacy of two Western … Read more

What are popular baby names associated with travel? See the lists

Baby Emma, ​​David or Elizabeth? Not for American parents Caitlin and Luke McNeal. Rather than naming their children after grandparents, biblical figures or the British monarchy, the couple chose the names of places that hold meaningful travel memories for them. “Kinsale was when we lived in Ireland, and we vacationed in Kinsale and fell in … Read more

Growing popularity could be undone by one accident

21 July 2022, Bavaria, Essenbach: Water vapor rises behind sunflowers from the cooling system of the nuclear power plant (NPP) Isar 2. Picture Alliance | Picture Alliance | Getty Images Nuclear energy is at an inflection point. Early exuberance about its potential was undercut by a series of devastating and dangerous accidents: Three Mile Island … Read more

Russia accuses US of ‘direct involvement’ in Ukraine war News

Russia has accused the United States of direct involvement in the Ukraine war, as the first ship carrying Ukrainian grain to world markets since Moscow’s invasion continued its passage to Lebanon without problems. Moscow said on Tuesday it was responding to comments by Vadym Skibitsky, Ukraine’s deputy head of military intelligence, about the way Kyiv … Read more

Stocks fall for a second day as investors weigh China tensions, new batch of earnings

Bill Ackman calls for further rate hikes Hedge fund manager Bill Ackman said on “Squawk Box” that the Federal Reserve needs to hike rates to around 4% or higher in order to fight off inflation. “I think rates are going to need to stay 4%-plus for the foreseeable future — 12 to 18 months, or … Read more