Kremlin decree: Foreign currency can still buy natural gas
ROME — “Unfriendly countries” can continue to pay for natural gas in foreign currency through a Russian bank that will convert the money into rubles,…
AP Wire
US airport security screening to become more gender-neutral
WASHINGTON (AP) — U.S. airport security procedures will become more gender-neutral, with changes to scanners used for screening and the use of an “X” for…
More Americans apply for jobless benefits; layoffs still low
WASHINGTON — More Americans applied for unemployment benefits last week, but layoffs remain at historic lows. Jobless claims rose by 14,000 to 202,000 for the…
A key inflation gauge sets 40-year high as gas and food soar
WASHINGTON (AP) — An inflation gauge that is closely monitored by the Federal Reserve jumped 6.4% in February compared with a year ago, with sharply…
Biden oil move aims to cut gas prices ‘fairly significantly’
WASHINGTON (AP) — President Joe Biden on Thursday ordered the release of 1 million barrels of oil per day from the nation’s strategic petroleum reserve…
OPEC sticks to modest boost in oil despite war jitters
LONDON — OPEC and allied oil producers including Russia have decided to stick to a modest increase in the amount of crude it pumps to…
Tests and vaccines push Walgreens past expectations in 2Q
A surge in demand for COVID-19 tests and vaccines helped Walgreens deliver a better second quarter than Wall Street expected. Sales jumped as customers spent…
Fed’s rate hikes threaten its goal of narrowing racial gaps
WASHINGTON — America’s hiring boom of the past year has narrowed racial disparities in unemployment. Yet the Federal Reserve’s ongoing interest rate hikes — shaping…
China manufacturing weakens as anti-virus controls tighten
BEIJING — China’s manufacturing activity fell to a five-month low in March after most of Shanghai and two other industrial centers were shut down to…
Pence unveils Republican policy agenda for midterm elections
NEW YORK — Former Vice President Mike Pence has unveiled a new policy platform for Republicans ahead of this year’s midterms elections, offering a framework…