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Northern Star

Northern Illinois University’s student media since 1899

 

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The Student News Site of Northern Illinois University

Northern Star

The Student News Site of Northern Illinois University

Northern Star

Justices throw out seizure of church assets in Puerto Rico

February 24, 2020

WASHINGTON (AP) — The Supreme Court on Monday threw out a court order to seize assets belonging to the Roman Catholic archdiocese of San Juan, Puerto Rico, to pay pension benefits for Catholic school teachers.The justices said in an unsigned opinion...

Iranians vote in parliament elections favoring conservatives

By NASSER KARIMI | February 21, 2020

TEHRAN, Iran (AP) — Iranians voted for a new parliament Friday, with turnout seen as a key measure of support for Iran's leadership as sanctions weigh on the economy and U.S. pressure isolates the country diplomatically.The disqualification of more...

Steyer cites ‘racist’ Bloomberg tactics in Super Tuesday ad

By MEG KINNARD | February 19, 2020

COLUMBIA, S.C. (AP) — In a billionaire-to-billionaire media matchup, Tom Steyer is taking on Mike Bloomberg in a multimillion-dollar Super Tuesday ad buy, accusing the former New York City mayor of “racist” policies including “redlining” and...

China virus outbreak chilling recovery for Asian economies

By ELAINE KURTENBACH | February 18, 2020

BANGKOK (AP) — The virus outbreak in China has put South Korea's economy into an "emergency situation," its president says. Japan is on the brink of recession and big manufacturers are forecasting a whole world of woe.As many Chinese finally go back...

Bloomberg takes veiled swipe at rival’s aggressive loyalists

By ALEXANDRA JAFFE and NICHOLAS RICCARDI | February 17, 2020

CARSON CITY, Nev. (AP) — With the Nevada caucuses less than a week away, Democratic presidential candidates campaigning were fixated on a rival who wasn't contesting the state.Bernie Sanders, Joe Biden, Amy Klobuchar, Elizabeth Warren and Pete Buttigieg...

Negative interest rates turn saving, borrowing upside down

By DAVID McHUGH and CHRISTOPHER RUGABER | February 14, 2020

FRANKFURT, Germany (AP) — Imagine a mortgage that pays you the interest, not the other way around. Or a savings account where it's the bank, not the saver, who collects interest.Welcome to the upside-down world of ultra-low and negative interest rates...

2020 Democrats step up attacks to blunt Bloomberg’s rise

By WILL WEISSERT and ALAN FRAM | February 14, 2020

WASHINGTON (AP) — Democratic presidential candidates hoping to revive their flagging campaigns increasingly took aim at Mike Bloomberg, blasting their billionaire rival for trying to buy his way into the White House and raising questions about his commitment...

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...

Bloomberg once blamed end of ‘redlining’ for 2008 collapse

By BRIAN SLODYSKO | February 13, 2020

WASHINGTON (AP) — At the height of the 2008 economic collapse, then-New York Mayor Michael Bloomberg said the elimination of a discriminatory housing practice known as “redlining” was responsible for instigating the meltdown.“It all started back...

Argentina and IMF discuss debt in shadow of 2001 crisis

By DÉBORA REY and CHRISTOPHER TORCHIA | February 12, 2020

BUENOS AIRES, Argentina (AP) — Argentina has been here before: recession, growing poverty, high inflation, billions of dollars in debt, a looming deadline for repayment and simmering anger toward the International Monetary Fund.This is a big week for...

Top 3 parties in dead heat after Irish parliament elections

By DANICA KIRKA and NICOLAE DUMITRACHE | February 8, 2020

DUBLIN (AP) — Ireland’s three biggest political parties are likely to face a difficult process of forming a new government, with an exit poll suggesting they finished in a virtual dead heat in parliamentary elections Saturday.The survey conducted...

Disconnect? Stocks rise despite fears over virus from China

By STAN CHOE, CARLA K. JOHNSON, and MARIA CHENG | February 5, 2020

NEW YORK (AP) — The virus outbreak out of China has exposed a seeming disconnect between the financial markets and science.Health experts don't know how far the virus will spread and how bad the crisis will get, yet stocks are rallying as if investors...