Fed’s Powell: Russia’s war on Ukraine will worsen inflation
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell warned Thursday that Russia’s invasion of Ukraine, which has already driven up oil prices, will likely further…
AP Wire
Purdue Pharma, US states agree to new opioid settlement
Purdue Pharma reached a nationwide settlement Thursday over its role in the opioid crisis, with the Sackler family members who own the company boosting their…
Long-term US mortgage rates fall this week to 3.76%
WASHINGTON (AP) — Average long-term U.S. mortgage rates fell this week and remain at historically low levels, just as the Federal Reserve prepares to raise…
Twitter expands Birdwatch, its crowdsourced fact check pilot
Twitter is expanding Birdwatch, its crowd-sourced fact checking project it started as a small and little-publicized pilot program more than a year ago. The program…
Fewer Americans apply for jobless benefits last week
WASHINGTON — Fewer Americans applied for unemployment benefits last week reflecting a low number of layoffs across the economy. Jobless claims fell by 18,000 to…
Best Buy reports Q4 sales miss hurt by supply chain clogs
NEW YORK (AP) — Best Buy reported a shortfall in sales for the holiday quarter as the nation’s largest electronics chain struggled with limited supplies…
China’s slowing economy in spotlight as legislature meets
BEIJING — China’s ruling Communist Party is temporarily turning away from its longer-term ambitions to focus on pulling the economy out of a slump as…
Turkey’s inflation hits 54%, deepening cost-of-living woes
ANKARA, Turkey — Turkey’s annual inflation rate further accelerated in February, official data showed today, marking the biggest jump since 2002 and deepening the squeeze…
Russians besiege crucial Ukrainian energy hub and seacoast
KYIV, Ukraine — Russian forces shelled Europe’s largest nuclear plant early Friday in the battle for control of a crucial energy-producing city, and the power…
Oil driller invests in carbon-capture pipeline for Midwest
BISMARCK, N.D. — North Dakota’s biggest oil driller said today it will commit $250 million to help fund a proposed pipeline that would gather carbon…