OPEC holds oil output steady amid high prices, Russian war
NEW YORK — The leaders of OPEC and its oil-producing allies are sticking with their plan to gradually increase oil production while Russia’s invasion of…
AP Wire
Ford to run EV, internal combustion divisions separately
Ford said that it will run its electric vehicle and internal combustion divisions as two separate businesses to accelerate its adaptation of new technology and…
Powell tells Congress that Fed will raise rates this month
WASHINGTON — Federal Reserve Chair Jerome Powell made clear today that the Fed will begin raising interest rates this month in a high-stakes effort to…
Inflation in 19 nations using euro sets record for 4th month
LONDON — Surging energy costs have driven inflation in Europe to another record high, raising questions about when the central bank should step in to…
Dollar Tree: Fiscal Q4 earnings snapshot
CHESAPEAKE, Va. — Dollar Tree Inc. today reported fiscal fourth-quarter net income of $454.2 million. On a per-share basis, the company said it had profit…
Oil prices surge $7 per barrel despite release of supplies
BEIJING — Oil prices surged another $7 per barrel today after an agreement by the United States and other major governments to release supplies from…
Economic dangers from Russia’s invasion ripple across globe
WASHINGTON — Moscow’s war on Ukraine and the ferocious financial backlash it’s unleashed are not only inflicting an economic catastrophe on President Vladimir Putin’s Russia….
Live updates: Ukraine president gives upbeat war assessment
The latest developments on the Russia-Ukraine war: KYIV, Ukraine — In a video address to the nation early Thursday, Ukrainian President Volodymyr Zelenskyy gave an…
Poll: Pandemic fears are fading along with omicron
Omicron is fading away, and so are Americans’ worries about COVID-19. As coronavirus pandemic case numbers, hospitalizations and deaths continue to plummet, fewer people now…
TD Bank bids $13 billion for First Horizon in southeastern US push
Toronto-Dominion Bank is buying regional bank First Horizon in a $13.4 billion all-cash deal, its biggest ever, hoping to broaden its footprint in the southeastern…