Tech stocks sink again, Nasdaq has worst month since 2008

APRIL 30, 2022 @ 1830 GMT | A pedestrian walks past the New York Stock Exchange, Monday, Jan. 24, 2022, in New York. Stocks are falling in early trading on Wall Street Friday, April 29, putting major indexes back into the red for the week after several sharp moves both up and down. (AP File Photo)

WASHINGTON, United States (AP) — The Dow Jones Industrial Average slumped more than 900 points Friday as another sharp sell-off led by technology stocks added to Wall Street’s losses in April, leaving the S&P 500 with its biggest monthly skid since the start of the pandemic.

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A key inflation gauge jumped 6.6% in March, most since 1982

APRIL 29, 2022 @ 2030 GMT | Digital displays are illuminated to mark the prices for the various grades of gasoline available from a pump at a Circle K station Friday, April 22, 2022, in south Denver, United States. (AP Photo)

WASHINGTON, United States (AP) — An inflation gauge closely tracked by the Federal Reserve surged 6.6% in March compared with a year ago, the highest 12-month jump in four decades and further evidence that spiking prices are pressuring household budgets and the health of the economy.

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Utah Sen. Mike Lee braces for toughest reelection fight yet

APRIL 29, 2022 @ 1830 GMT | FILE – President Donald Trump stands with Sen. Mike Lee, R-Utah, on Dec. 4, 2017, at the Utah State Capitol, after Trump traveled to Salt Lake City to announce plans to shrink two sprawling national monuments in Utah. Lee has avoided serious challenge in deeply conservative Utah in the dozen years since he came to power in a Tea Party wave, but that’s changing this year as he faces two GOP challengers and a newly empowered independent. (AP File Photo)

SALT LAKE CITY, United States (AP) — Republican Sen. Mike Lee may have been an upstart when he toppled a longtime senator in a tea party wave more than a decade ago, but in the dozen years since he’s managed to avoid a serious challenge in deeply conservative Utah.

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Inflation hits record high of 7.5% in countries using euro

APRIL 29, 2022 @ 2245 GMT | FILE – Motorists in the Netherlands headed to the pumps after a government reduction in duties on fuel entered into force to help motorists hit by soaring fuel prices, in Amsterdam, Netherlands, Friday, April 1, 2022. Inflation hit a new record for the 19 countries that use the euro as skyrocketing fuel prices boosted by the war in Ukraine add new burdens to household finances and weigh on a slowing economic recovery from the latest outbreaks of COVID-19, the European Union’s statistics agency Eurostat reported Friday, April 29, 2022. (AP File Photo)

BRUSSELS, Belgium (AP) — Inflation hit a record in April for the 19 countries that use the euro as skyrocketing fuel prices boosted by the war in Ukraine weigh on the region’s economic recovery from the coronavirus pandemic.

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Putin gas cutoff shakes up Europe at little cost to Kremlin

APRIL 28, 2022 @ 2100 GMT | Russian President Vladimir Putin gestures while addresses a meeting of the Council of Legislators under the Russian Federal Assembly at the Tauride Palace, in St. Petersburg, Russia, Wednesday, April 27, 2022. (Sputnik, Kremlin Pool Photo via AP)

BRUSSELS, Belgium (AP) — Cutting off natural gas to Poland and Bulgaria cost Russian President Vladimir Putin very little — but it is adding stress on European countries wrestling with how to reduce the energy imports feeding the Kremlin’s war chest and how to keep a united front on the war in Ukraine.

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US economy shrinks, threats loom, but growth likely to last

APRIL 28, 2022 @ 2030 GMT | FILE – A customer prepares to pump gasoline into his car at a Sam’s Club fuel island in Gulfport, Miss., Feb. 19, 2022. The U.S. economy shrank last quarter for the first time since the pandemic recession struck two years ago, Thursday, April 28, 2022, contracting at a 1.4% annual rate, but consumers and businesses kept spending in a sign of underlying resilience. (AP Photo)

WASHINGTON, United States (AP) — The U.S. economy shrank in the first three months of the year, and faces threats from high inflation and rising interest rates, yet economists foresee a return to growth for the rest of 2022 based on the strength of the job market and consumer spending.

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Russia releases US Marine vet in surprise prisoner exchange

APRIL 28, 2022 @ 2245 GMT | FILE – Joey and Paula Reed pose for a photo with a portrait of their son Marine veteran and Russian prisoner Trevor Reed at their home in Fort Worth, Texas, Feb. 15, 2022. (AP File Photo)

WASHINGTON, United States (AP) — Russia and the United States have carried out an unexpected prisoner exchange in a time of high tensions, trading on Wednesday a Marine veteran jailed by Moscow for a convicted Russian drug trafficker serving a long prison sentence in America.

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Russia cuts off gas to 2 NATO nations in bid to divide West

APRIL 28, 2022 @ 2045 GMT | European Commission President Ursula von der Leyen delivers a statement at EU headquarters in Brussels, Wednesday, April 27, 2022. Russia opened a new front in its war in Ukraine on Wednesday, cutting two European Union nations that staunchly back Kyiv off from its gas, a dramatic escalation in the conflict that is increasingly becoming a wider battle with the West. (Pool via AP)

POKROVSK, Ukraine (AP) — Russia cut off natural gas to NATO members Poland and Bulgaria on Wednesday and threatened to do the same to other countries, using its most essential export in what was seen as a bid to punish and divide the West over its support for Ukraine.

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Increased infectious disease risk likely from climate change

APRIL 28, 2022 @ 2045 GMT | FILE – This colorized electron microscope image made available by the U.S. National Institutes of Health shows a human T cell, indicated in blue, under attack by HIV, in yellow, the virus that causes AIDS. In a study released in the journal Nature on Thursday, April 28, 2022, climate change will result in thousands of new viruses spread among animal species by 2070, which is likely to increase the risk of emerging infectious diseases jumping from animals to humans. (National Institute of Allergy and Infectious Diseases/NIH via AP)

WASHINGTON, United States (AP) — Climate change will result in thousands of new viruses spread among animal species by 2070 — and that’s likely to increase the risk of emerging infectious diseases jumping from animals to humans, according to a new study.

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Major Japan railway now powered only by renewable energy

APRIL 27, 2022 @ 2230 GMT | A woman conductor is seen at Tokyu Railways’ Tamagawa Station Wednesday, April 20, 2022, in Tokyo. A Japanese railway company, Tokyu, says it now uses just solar and other renewable energy to power its sprawling train service. That means the emissions of carbon dioxide for its network of seven train lines and one tram service stand at zero starting April 1. (AP Photo)

TOKYO, Japan (AP) — Tokyo’s Shibuya is famed for its Scramble Crossing, where crowds of people crisscross the intersection in a scene symbolizing urban Japan’s congestion and anonymity. It may have added another boasting right.

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