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.
Continue readingWASHINGTON, 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.
Continue readingSALT 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.
Continue readingBRUSSELS, 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.
Continue readingBRUSSELS, 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.
Continue readingWASHINGTON, 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.
Continue readingWASHINGTON, 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.
Continue readingPOKROVSK, 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.
Continue readingWASHINGTON, 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.
Continue readingTOKYO, 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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