FDA bans Juul e-cigarettes tied to teen vaping surge
WASHINGTON — Federal health officials today ordered Juul to pull its electronic cigarettes from the U.S. market, the latest blow to the embattled company widely…
AP Wire
Fewer Americans file for jobless aid
WASHINGTON — Fewer Americans applied for jobless benefits last week as the U.S. job market remains robust despite four-decade high inflation and a myriad of…
Indian officials in Sri Lanka for talks on ailing economy
Senior Indian officials began talks today with Sri Lankan leaders on economic assistance, a day after Prime Minister Ranil Wickremesinghe announced the country’s economy had…
Airport chaos: European travel runs into pandemic cutbacks
LONDON — The airport lines are long, and lost luggage is piling up. It’s going to be a chaotic summer for travelers in Europe. Liz…
Darden Restaurants: Fiscal Q4 earnings snapshot
ORLANDO, Fla. — Darden Restaurants Inc. today reported fiscal fourth-quarter net income of $281.7 million. The company said it had net income of $2.24 per…
‘Groundhog Day’ at IRS: Returns pile up, phone delays worsen
WASHINGTON — It’s Groundhog Day at the IRS. After digging out of a daunting backlog from 2021, the agency has an even bigger backup for…
Powell: Fed will decide on rate hikes ‘meeting by meeting’
WASHINGTON — Federal Reserve Chair Jerome Powell today underscored the Fed’s determination to raise interest rates high enough to slow inflation, a commitment that has…
Czech central bank raises key rate again to tackle inflation
PRAGUE — The Czech Republic’s central bank raised its key interest rate significantly today as it tried to combat soaring inflation. The hike of a…
UK inflation rate hits new 40-year high of 9.1%
LONDON — Britain’s inflation rate hit a new 40-year high of 9.1% in the 12 months to May, figures showed today, as Russia’s war in…
Biden to call for 3-month suspension of gas and diesel taxes
WASHINGTON — President Joe Biden on Wednesday will call on Congress to suspend federal gasoline and diesel taxes for three months — a move meant…