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The Student News Site of Northern Illinois University

Northern Star

The Student News Site of Northern Illinois University

Northern Star

WH report says economy accelerated under Trump

By JOSH BOAK | February 20, 2020

WASHINGTON (AP) — A new White House report says the U.S. economy is growing faster than expected, even though the annual gains of 3% that President Donald Trump promised to voters have yet to be achieved.The annual economic report of the president released...

UK inflation jumps higher, reducing likelihood of rate cut

February 19, 2020

LONDON (AP) — Consumer price inflation in Britain jumped higher in January, official figures showed Wednesday, undermining the case for the central bank to cut interest rates as it had been expected to do.The annual inflation rate rose to 1.8% from...

US stocks post small gains, major indexes up for the week

By ALEX VEIGA | February 14, 2020

Wall Street closed out a wobbly day of trading Friday with the major stock indexes notching their second straight weekly gain.The S&P 500 and Nasdaq eked out tiny gains, good enough to nudge each to an all-time high for the fourth time this week....

Asian stocks rebound from early losses as virus toll grows

By YURI KAGEYAMA | February 14, 2020

Shares rebounded in Asia on Friday after an early sell-off, though Japan's benchmark declined as investors reacted to news of a growing number of cases of a new virus among the local population.The Nikkei 225 fell 0.6% in morning trading to 23,683.44....

South Africa seeks more renewable energy amid power cuts

By MOGOMOTSI MAGOME | February 13, 2020

JOHANNESBURG (AP) — South Africa’s president said Thursday the coal-dependent country will turn to more renewable energy as one way to help ease power cuts that have “severely set back” efforts to rebuild the weak economy. But he warned of more...

Global energy-related carbon emissions flat in 2019

February 11, 2020

BERLIN (AP) — Global energy-related emissions of heat-trapping carbon dioxide remained steady last year, with declines in rich countries balancing out a rise in poor nations, according to data published Tuesday.The International Energy Agency said emissions...

Global stock turn higher as investors watch virus impact

By JOE McDONALD | February 11, 2020

BEIJING (AP) — Global stock markets turned higher on Tuesday, at least temporarily shaking off jitters about China's virus outbreak.Indexes in London and Frankfurt advanced in Europe, while Shanghai, Hong Kong and Seoul closed higher. Tokyo fell for...

UK economy flat-lines in Q4 amid Brexit and election clouds

By PAN PYLAS | February 11, 2020

LONDON (AP) — Uncertainty related to Brexit seems to have weighed heavily on the British economy during the final quarter of 2019 as output flat-lined, official data showed Tuesday.In its first assessment of the quarter as a whole, the Office for National...

Trump’s $4.8 trillion budget proposal revisits rejected cuts

By ANDREW TAYLOR | February 10, 2020

WASHINGTON (AP) — President Donald Trump unveiled a $4.8 trillion election year budget plan on Monday that recycles deep, previously rejected cuts to domestic programs like food stamps, Medicaid, and housing as the recipe for wrestling the federal budget...

Second Ward Alderman Tom Teresinski discussed the potential farmland use by the DeKalb Taylor Municipal Airport, 3232 Pleasant St. at a city council meeting Monday. Old Elm Farms placed the highest bid during an auction and can farm the land if the ordinance passes.

Council to hold public hearing on federal grant Monday

By Northern Star Staff | February 6, 2020

DeKALB — A public hearing is set for Monday night’s City Council meeting for residents to give their opinions on a five-year Community Development Block Grant.The Community Development Block Grant is a federally funded program aimed to increase housing,...

Germany sees hefty drop in factory orders in December

February 6, 2020

BERLIN (AP) — Factory orders in Germany declined by a hefty 2.1% in December compared with the previous month on a sharp drop in demand from other countries in the eurozone.The Economy Ministry said Thursday that orders, an important indicator for Europe's...

Editorial Roundup: US

By The Associated Press | February 5, 2020

Excerpts from recent editorials in the United States and abroad:———Feb. 5The Miami Herald on Fred Guttenberg, father of a student killed at Marjory Stoneman Douglas in Parkland, being removed from President Donald Trump’s State of the Union address:House...