US consumer confidence slips in May amid stubborn inflation
SILVER SPRING, Md. — U.S. consumer confidence edged lower in May as Americans’ view of their present and future prospects dimmed in the midst of…
AP Wire
Hit by pandemic curbs, India’s quarterly growth slows to 4%
NEW DELHI — India’s economic growth, hit by pandemic curbs and price increases, slowed to 4.1% in the January-March quarter, according to figures released today…
Biden to meet Fed chair as inflation bites pocketbooks
WASHINGTON (AP) — President Joe Biden is set to meet with Federal Reserve Chairman Jerome Powell as soaring inflation takes a bite out of Americans’…
Stocks slip on Wall Street as messy May comes to a close
NEW YORK (AP) — U.S. stocks are slipping in midday trading on Tuesday, as Wall Street nears the end of a tumultuous month, bruised by…
In big bid to punish Moscow, EU bans most Russia oil imports
BRUSSELS — In the most significant effort yet to punish Russia for its war in Ukraine, the European Union agreed to ban the overwhelming majority…
Deutsche Bank, subsidiary raided over ‘greenwashing’ claims
BERLIN — Authorities in Germany raided the offices of Deutsche Bank and its subsidiary DWS today following claims that it was exaggerating the sustainable credentials…
Eurozone inflation hits record 8.1% amid rising energy costs
LONDON — Eurozone inflation hit a record 8.1% in May amid surging energy and food costs fueled in part by Russia’s war in Ukraine. Annual…
War in Ukraine adds to food price hikes, hunger in Africa
MOGADISHU, Somalia (AP) — It now costs Ayan Hassan Abdirahman twice as much as it did just a few months ago to buy the wheat…
Why free streaming channels like Pluto TV and Tubi have viewers watching commercials again
There’s a new hot buzzword in the streaming video business — it’s spelled f-r-e-e. While Netflix is reeling over subscriber losses due to increased competition…
The Federal Reserve policy you’ve never heard of could have the biggest effect on your wallet
The Federal Reserve made headlines at its May meeting when it raised interest rates by the single biggest hike since 2000, but another lesser-known decision…