AP National Business

By ALAN SUDERMAN Associated Press RICHMOND, Va. (AP) — Business Email Compromise scams are a type of crime where criminals hack into email accounts, pretend to be someone they’re not and fool victims into sending money where it doesn’t belong. These crimes get far less attention than the massive ransomware attacks that have triggered a

By ALAN SUDERMAN Associated Press RICHMOND, Va. (AP) — Business Email Compromise scams are a type of crime where criminals hack into email accounts, pretend to be someone they’re not and fool victims into sending money to unintended places. These crimes get far less attention than the massive ransomware attacks that have triggered a powerful

By HALELUYA HADERO Associated Press Amazon is seeking to overturn the historic union victory at one of its New York City warehouses. The e-commerce giant listed 25 objections in a legal filing obtained by The Associated Press on Friday. The retailer said the federal labor board must order a re-do election. The company says the

By ANNE D’INNOCENZIO The Associated Press NEW YORK (AP) — Walmart and Kohl’s are paying a combined $5.5 million in settlements after he Federal Trade Commission said the retailers falsely marketed dozens of sheets and other home textile products as made of environmentally friendly bamboo. In fact, the textiles were actually made of rayon. Kohl’s

The Associated Press Stocks ended mostly lower after another day of drifting around Friday, leaving the market with its first losing week in the last four. Gains for energy companies were offset by declines in tech stocks. Treasury yields continued to move higher as traders brace for the Federal Reserve to press the brakes on

The Associated Press Closing prices for crude oil, gold and other commodities, and foreign exchange levels.

By JENNIFER PELTZ and BERNARD CONDON Associated Press NEW YORK (AP) — A judge says former President Donald Trump’s company can continue running a public golf course in New York City. Friday’s ruling says the city offered a baseless rationale for canceling the Trump Organization’s contract to run a public golf course in the Bronx

LONDON (AP) — The board chairman of Russian metals company Rusal has called for an investigation into events in the Kyiv suburb of Bucha, where Ukrainian officials say Russian troops killed civilians. Rusal Chairman Bernard Zonneveld didn’t address who was responsible or directly say anyone was killed in Bucha, where Ukrainian forces and journalists discovered

WASHINGTON (AP) — The price is going up for disrupting airline flights. The Federal Aviation Administration said Friday that it’s seeking record civil fines against two passengers who assaulted other people on flights last summer. In one case, a woman tried to open a cabin door, then headbutted and spit at crew members and passengers

AUSTIN, Texas (AP) — Tesla CEO Elon Musk says the company will build an electric vehicle dedicated for use as a robotaxi. He also told a crowd at a party celebrating the opening of a Texas factory that Tesla will start making three new vehicles next year. Musk didn’t give details of the robotaxi other

By TOM HAYS Associated Press NEW YORK (AP) — A former Goldman Sachs banker has been convicted of bribery and other corruption charges accusing him of participating in a $4.5 billion scheme to loot the Malaysian state investment fund, 1MDB. A jury found Roger Ng guilty on all counts Friday at a U.S. trial where

By MARCIA DUNN AP Aerospace Writer CAPE CANAVERAL, Fla. (AP) — SpaceX has launched three rich businessmen and their astronaut escort to the International Space Station for more than a week’s stay. It is SpaceX’s first private charter flight to the orbiting lab after two years of carrying astronauts there for NASA. The Falcon rocket

By DAVID PITT Associated Press DES MOINES, Iowa (AP) — A man serving a 25-year prison sentence for rigging computers to win lottery jackpots has had his parole revoked after he got into trouble in prison just before his scheduled release. The Iowa Board of Parole approved Eddie Tipton for release in January for good

By DANICA KIRKA Associated Press LONDON (AP) — Britain’s Treasury chief has defended his wife’s decision to take advantage of rules that allow many foreigners to escape U.K. taxes on their overseas income, saying critics have launched a smear campaign against her to get at him. In an interview with the Sun newspaper, Rishi Sunak

DETROIT (AP) — The U.S. government is ending an investigation into complaints of USB charging port fires in some Fiat Chrysler minivans without seeking a recall. The National Highway Traffic Safety Administration began the probe of about 170,000 minivans in August of 2020 after getting reports of three fires and one minor injury. The probe

LONDON (AP) — Russia’s central bank say it’s lowering a key interest rate and said more cuts could be on the way. The central bank decision Friday indicates it thinks strict capital controls and other severe measures are stabilizing Russia’s currency and financial system despite severe pressure from Western sanctions over the war in Ukraine.

By DAN PARKS of The Chronicle of Philanthropy Chronicle of Philanthropy Nonprofits of all kinds are getting hit hard by inflation, experts say. Price and wage increases are hurting nonprofits in multiple ways, making it harder to keep up with their own basic operational expenses while also forcing them to curtail the services they provide. At the

BERLIN (AP) — The German government has unveiled a package of loans and other financial assistance to companies hit hard by the war in Ukraine and sanctions on Russia. Economy Minister Robert Habeck said Friday the package was necessary because “there are companies and sectors that won’t survive this period if we don’t help them.”

By MARI YAMAGUCHI Associated Press TOKYO (AP) — Japan is expelling eight Russian diplomats and trade officials and will phase out imports of Russian coal and oil. Prime Minister Fumio Kishida says Moscow must be held accountable for “war crimes” in Ukraine. He says Japan will also ban imports of Russian lumber, vodka and other

ATHENS, Greece (AP) — Greece has received a 3.6 billion euro payment out of its allotted 30.5 billion from the European Union’s pandemic recovery fund. The announcement was made Friday by European Commission’s executive vice president in a video call with Greek Prime Minister Kyriakos Mitsotakis. The European recovery and resilience fund provides vital relief

By BHARATHA MALLAWARACHI and ERANGA JAYAWARDENA Associated Press COLOMBO, Sri Lanka (AP) — Sri Lankan business leaders are calling for an end to political instability amid public demands for the president to resign over alleged economic mismanagement, warning that failure to do so would lead to economic catastrophe. Leaders from 23 business associations say they

By NICOLE WINFIELD Associated Press ROME (AP) — The United Nations says prices for world food commodities like grains and vegetable oils have reached their highest levels ever because of Russia’s war in Ukraine. The U.N. Food and Agriculture Organization said Friday that its Food Price Index, which tracks monthly changes in international prices for

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Foreign business groups in Myanmar are balking at new rules requiring businesses and individuals to convert all foreign currency held in bank accounts into the local currency. A statement issued Friday by the American Chamber of Commerce and similar groups says the new regulations issued by

By SAMUEL PETREQUIN and RAF CASERT Associated Press BRUSSELS (AP) — The European Union has imposed sanctions on two adult daughters of Russian President Vladimir Putin as part of a new package of measures targeting Russia for its invasion of Ukraine, according to two EU officials. The EU included Maria Vorontsova and Katerina Tikhonova in

By DAMIAN J. TROISE and STAN CHOE AP Business Writers NEW YORK (AP) — Wall Street closed its first losing week in the last four with an up-and-down Friday, as investors brace for the Federal Reserve to tighten the brakes on the economy more aggressively to beat down inflation. Big tech stocks like Microsoft and

By KIM TONG-HYUNG Associated Press SEOUL, South Korea (AP) — North Korea is demolishing a South Korean-owned hotel at a North Korean resort that was one of the last symbols of inter-Korean engagement. Seoul officials called for the North to stop the “unilateral” destruction. The floating Haegumgang Hotel was a major property among dozens of

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Nissan is working with NASA on a new type of battery for electric vehicles that promises to charge quicker and be lighter yet safe. The Japanese automaker said Friday the all-solid-state battery will replace lithium-ion batteries now in use for a 2028 product launch and a

By JOSH BOAK Associated Pres WASHINGTON (AP) — The Biden White House is betting the U.S. economy is strong enough to withstand the threats to growth posed by inflation and the war in Ukraine. But there are growing fears of a coming economic slump among voters and some Wall Street analysts. White House officials say

By DAVID KOENIG AP Airlines Writer DALLAS (AP) — The fight for Spirit Airlines is heating up again. Spirit said late Thursday that it will talk to JetBlue about JetBlue’s $3.6 billion bid to buy Spirit and combine the two airlines. JetBlue is trying to torpedo an earlier bid for Spirit by Frontier Airlines. Spirit

INDIANAPOLIS (AP) — Avian influenza has been detected in a northern Indiana duck farm, state officials say, marking the disease’s spread to a third poultry species. The Indiana State Board of Animal Health said Thursday night that laboratory testing of a commercial duck flock in Elkhart County has come back as presumptively positive for the virus.

By KRISHAN FRANCIS Associated Press COLOMBO, Sri Lanka (AP) — Sri Lanka’s medical association is warning that hospitals will be unable to provide emergency services in coming weeks because of critical shortages of drugs and medical equipment that will lead to a catastrophic number of deaths if supplies aren’t replenished. Sri Lanka is facing its

AUSTIN, Texas (AP) — An invitation-only party in Austin called the “Cyber Rodeo at Giga Texas” at Tesla’s new billion-dollar-plus “Gigafactory” was the biggest secret and the toughest ticket in town. As many as 15,000 people were expected to attend the private event hosted by Tesla mogul Elon Musk on Thursday. It marks the opening

By HALELUYA HADERO The Associated Press Amazon plans to file objections to the union election on Staten Island, New York that resulted in the first successful U.S. organizing effort in the company’s history. The e-commerce giant stated its plans in a legal filing to the National Labor Relations Board made public Thursday. Among other things,

By ANDREW SELSKY Associated Press SALEM, Ore. (AP) — The state of Oregon accused owners of an Illinois-based COVID-19 testing company of stealing millions of dollars in federal funds and insurance money in a lawsuit filed Thursday and said they boasted about buying a mansion and expensive sports cars. Oregon Attorney General Ellen Rosenblum sued

By RICARDO ALONSO-ZALDIVAR and MATTHEW PERRONE Associated Press WASHINGTON (AP) — Medicare said Thursday it’s considering a cut in enrollee premiums, after officials stuck with an earlier decision to sharply limit coverage for a pricey new Alzheimer’s drug projected to drive up program costs. The agency “is looking at that, and is still going through

OTTAWA, Ontario (AP) — Prime Minister Justin Trudeau’s government is banning foreign investors from buying homes in Canada for two years in a bid to cool off a hot housing market. Finance Minister Chrystia Freeland took a number of measures to tamp down speculation and demand amid record home prices in announcing the federal budget

SAN JOSE, Costa Rica (AP) — A DHL cargo jet has  broken in half after sliding off the runway while landing at San Jose’s international airport. The crash Thursday shut down the airport, but the two crewmen aboard were reported uninjured. The fire department saiys the Boeing 757 had taken off from Juan Santamaría Airport

By AMY TAXIN Associated Press ANAHEIM, Calif. (AP) — The mother of a boy accidentally hit in the head with a baseball thrown by a Los Angeles Angels pitcher warming up before a game has filed a lawsuit against the team. Beatrice Galaz says in the lawsuit announced Thursday that the team’s negligence led to

SEATTLE (AP) — A Ukrainian man who served as a high-level hacker in a ring that stole more than 20 million credit and debit card records, causing an estimated $1 billion in losses, has been sentenced to five years in prison. Denys Iarmak, 32, is the third member of the hacking group FIN7 to be

The Associated Press Stocks recovered from an early slide and closed higher on Wall Street Thursday as investors weigh the latest update from the Federal Reserve amid concerns about rising inflation. Health care and technology stocks helped lift the market. Retailers and other companies that rely on direct consumer spending also rose.

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: HP, Lamb Weston rise; JD.com, AvalonBay fall.

By DEE-ANN DURBIN AP Business Writer McDonald’s investors will consider a proposal for a civil rights audit of the company. Shareholder advocacy group SOC Investment Group __ which successfully submitted a similar measure at Apple last month __ wants McDonald’s board to oversee a third-party audit that would analyze the company’s civil rights record and

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — As the Federal Reserve intensifies its efforts to tame high inflation, its top officials are casting their aggressive drive in a new light: As a blow against economic inequality. That thinking marks a sharp reversal from the conventional view of the Fed’s use of interest rates.

By AMANDA SEITZ, MIKE CATALINI and ERIC TUCKER Associated Press WASHINGTON (AP) — A “Real Housewives of Beverly Hills” TV star, a Paralympic swimmer and a self-described “brand king” were among the Instagram and TikTok influencers who were paid by Chinese officials for a discreet campaign that promoted the Beijing Winter Olympics, new Justice Department

The Associated Press Closing prices for crude oil, gold and other commodities, and foreign exchange levels.

By DANICA KIRKA Associated Press LONDON (AP) — Britain’s Treasury chief has faced pressure to explain his wife’s tax affairs after she acknowledged taking advantage of rules that allow many foreigners to escape U.K. taxes on their overseas income. The controversy arose after Akshata Murty, the daughter of an Indian billionaire, on Thursday confirmed a

By JOSH BOAK Associated Pres WASHINGTON (AP) — The Biden White House is betting the U.S. economy is strong enough to withstand the threats to growth posed by inflation and the war in Ukraine. But there are growing fears of a coming economic slump among voters and some Wall Street analysts. White House officials say

By JOSH FUNK Associated Press OMAHA, Neb. (AP) — When cases of bird flu are found on poultry farms officials act quickly to slaughter all the birds in that flock even when it numbers in the millions, but animal welfare groups say their methods are inhumane. USDA officials defend their methods as the most humane

PARIS (AP) — The International Energy Agency says its member countries are releasing 60 million barrels of oil from their emergency reserves on top of previous U.S. pledges to take aim at energy prices that have soared since Russia invaded Ukraine. The Paris-based organization said Thursday that the new commitments made by its 31 member

ST. LOUIS (AP) — A Chinese national who pleaded guilty earlier this year to stealing a trade secret from Monsanto while he worked in Missouri has been sentenced to more than two years in prison. Haitao Xiang, formerly of Chesterfield, Missouri, was sentenced Thursday in federal court in St. Louis to 29 months in prison

By MICHAEL R. SISAK Associated Press NEW YORK (AP) — The Manhattan district attorney says a criminal investigation into former President Donald Trump and his business practices is continuing, despite a recent shakeup in the probe’s leadership. Alvin Bragg’s statement was part of a double dose of bad legal news for Trump Thursday. New York

BISMARCK, N.D. (AP) — A former North Dakota oilfield executive whose false claims about his company’s value resulted in more than $886 million in shareholder losses has been sentenced to three years in federal prison and ordered to pay back $406 million. The government had asked for a 20-year sentence for 61-year-old Joseph Kostelecky before

FRANKFURT, Germany (AP) — European Central Bank President Christine Lagarde has tweeted that she tested positive for COVID-19 and has mild symptoms but will continue working at home. She wrote Thursday on Twitter that she’s vaccinated, received a booster shot and her symptoms are “reasonably mild.” The 66-year-old said there’s no impact on the bank

ROME (AP) — A judge in Genoa has ordered all 59 defendants to stand trial for the 2018 deadly collapse of a heavily used highway bridge in that Italian port city. Forty-three people were killed when a large section of the Morandi Bridge broke off on Aug. 14, 2018, on the eve of one of

By BASSEM MROUE Associated Press BEIRUT (AP) — Lebanon and the International Monetary Fund have reached a tentative agreement on comprehensive economic policies that could eventually pave the way for unlocking billions of dollars in loans to the crisis-hit country. The agreement was announced by Prime Minister Najib Mikati after a meeting with IMF delegates

The Associated Press The top lawyer for the National Labor Relations Board is asking the board to rule that mandatory meetings held by some companies to persuade their workers to reject unions is a violation of federal labor law. NLRB General Counsel Jennifer Abruzzo said in a memo to the agency’s field offices Thursday that

FORT WORTH, Texas (AP) — American Airlines is hitting the road. The airline announced a deal Thursday with a bus company that will drive passengers to and from Philadelphia and two airports that are less than 75 miles away. American says it will help connect more travelers to its international flights in Philadelphia. The bus

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — Shares of HP gained nearly 15% after Warren Buffett’s company snapped up 11.5% of the company that makes printers and computers over the past week in another uncharacteristic investment for the billionaire in a tech company. Buffett started the year telling his shareholders that he

By ERIC TUCKER Associated Press WASHINGTON (AP) — The Biden administration is moving to choke off U.S. exports to three Russian airlines as part of what officials described as an unprecedented enforcement action. The Commerce Department said the move would prevent the airlines — Russian national flag carrier Aeroflot, Utair and Azur Air — from

By MATT OTT AP Business Writer WASHINGTON (AP) — Average long-term U.S. mortgage rates edged up again this week as the key 30-year loan rate hit its highest mark in more than three years. Mortgage buyer Freddie Mac reported Thursday that the average rate on the 30-year loan this week rose to 4.72% from 4.67%

NICOSIA, Cyprus (AP) — Cyprus is moving to ease COVID-19 restrictions as the key summer tourist season approaches, abolishing the outdoor facemask mandate and the obligation to show a recovery or inoculation certificate for work and shopping. Health Minister Michalis Hadjipantela said Thursday that outdoor mask wearing will no longer be compulsory as of Apr.

By MICHELLE CHAPMAN AP Business Writer ConAgra is cutting its outlook for the year with inflation outpacing the price hikes put into place by the major food producer. The cost of goods increased 10.1%. during the quarter and the Chicago company said it expects full-year gross inflation to be approximately 16% compared with its previous

HELSINKI (AP) — Finland and Estonia say they are jointly planning to rent a floating liquefied natural gas, or LNG, terminal to ensure gas supply in the two countries in efforts to break energy dependence on neighboring Russia. Finnish Minister of Economic Affairs Mika Lintila and his Estonian counterpart Taavi Aas said in a statement

By ANNE D’INNOCENZIO The Associated Press NEW YORK (AP) — Walmart workers who once unloaded trucks now have a chance to drive them. The nation’s largest retailer has launched a training program for employees who work in its distribution or fulfillment centers. They’ll get a chance to become certified Walmart truck drivers through a 12-week

By GRANT PECK Associated Press BANGKOK (AP) — Gunmen in Myanmar’s largest city have shot a deputy governor of the central bank less than a week after tough currency controls were ordered in the military-ruled nation. There were conflicting accounts of whether Than Than Swe, appointed to her post after the military seized power last

SOFIA, Bulgaria (AP) — European Commission President Ursula von der Leyen says Brussels has given the green light to Bulgaria’s European Union-funded recovery and sustainability plan. The Balkan country is among the last EU members to get formal approval from Brussels for its plan under the bloc’s €800 billion post-pandemic rescue fund, due to months

By DÁNICA COTO Associated Press SAN JUAN, Puerto Rico (AP) — More than a million customers in Puerto Rico remain without electricity after a fire at a main power plant caused an island-wide blackout that forced the U.S. territory to cancel classes and shutter government offices in the biggest outage yet this year. Wednesday night’s

By JOE McDONALD AP Business Writer BEIJING (AP) — Residents of Shanghai are struggling to get meat, rice and other food supplies under anti-coronavirus controls that confine most of its 25 million people to their homes. People in China’s business capital have grown frustrated over the government’s effort to contain a spreading outbreak, complaining that

By DAVID KLEPPER Associated Press A report from Facebook owner Meta finds a big jump this year in disinformation and propaganda linked to Russia’s invasion of Ukraine. The company, which also owns Instagram, says its review also has found an increase in domestic disinformation and propaganda in countries around the world, suggesting that the tactics

By The Associated Press The European Union is banning Russian coal imports. It’s a big step because it’s the first time the 27-member European Union has shown willingness to touch energy supplies from Russia. And it will cost Russia some 4 billion euros a year. But that pales in comparison to the money Russia gets

By LAUREN SCHWAHN of NerdWallet If you’re expecting a tax refund, you’re probably contemplating what to spend this newfound money on. There are several ways to use your windfall responsibly, but paying off debt could be the right option. Experts point out that it can help you avoid paying extra interest charges, strengthen your credit

By DANICA KIRKA Associated Press LONDON (AP) — Prime Minister Boris Johnson has announced plans to build more nuclear power plants, boost production of renewable energy and further tap domestic oil and gas reserves to help the U.K. reduce its dependence on Russian energy following the invasion of Ukraine.  But critics quickly panned Johnson’s energy

By DAVID RISING Associated Press BANGKOK (AP) — India’s power sector has been targeted by hackers in a long-term operation thought to have been carried out by a state-sponsored Chinese group, a U.S.-based private cybersecurity company says in a new report. Over the last several months, the Insikt Group, the threat research division of Massachusetts-based

By MENELAOS HADJICOSTIS Associated Press NICOSIA, Cyprus (AP) — A senior U.S. diplomat says a proposed pipeline to deliver natural gas from deposits in the east Mediterranean to European markets is too expensive, not economically viable and will take too long to help countries seeking alternatives to Russian gas any time soon. U.S. Under Secretary

LONDON (AP) — Shell says its decision to pull out of Russia in response to the country’s invasion of Ukraine has already cost the international energy giant as much as $5 billion. London-based Shell said Thursday that the reduced value of Russian assets, credit losses and “onerous” contract terms will cut earnings for the first

By ASHOK SHARMA Associated Press NEW DELHI (AP) — India plans to ramp up of its production of military equipment, including helicopters, tank engines, missiles and airborne early warning systems, to offset any potential shortfall from its main supplier Russia. Defense Ministry officials say India, with the world’s second-largest army, fourth-largest air force and seventh-largest

By JOSEPH WILSON and TARIK EL BARAKAH Associated Press RABAT, Morocco (AP) — Spanish Prime Minister Pedro Sánchez has met with Moroccan King Mohammed VI on a visit to Rabat seeking to mark the end of diplomatic tensions centered on Morocco’s disputed region of Western Sahara. Relations were damaged last April when Morocco was angered

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares are mostly lower as investors eye the war in Ukraine and what the world’s central banks might do to keep inflation in check. Benchmarks fell in Tokyo, Seoul, Hong Kong and Shanghai, while Sydney advanced. Investors have been weighing the latest updates from the

By ZEN SOO AP Technology Writer SINGAPORE (AP) — Chinese e-commerce company JD.com says that its founder Richard Liu has left his position as CEO, the latest Chinese billionaire founder to step aside amid increased government scrutiny of the country’s technology industry. Liu will hand over the reins to JD.com’s president Xu Lei, according to

By KEVIN FREKING Associated Press WASHINGTON (AP) — Congress has overwhelmingly voted to suspend normal trade relations with Russia and ban the importation of its oil, ratcheting up the U.S. response to Russia’s invasion of Ukraine amid reports of atrocities. House action came after the Senate approved the two bills with 100-0 votes. The measures

By DÁNICA COTO Associated Press SAN JUAN, Puerto Rico (AP) — A major power outage has hit Puerto Rico, plunging hundreds of thousands of customers into darkness after a fire erupted at one of the largest power plants in the U.S. territory. Wednesday night’s outage is one of the biggest reported in recent months for

By KEVIN FREKING Associated Press WASHINGTON (AP) — Legislation punishing Russia for the war in Ukraine is finally getting a vote in the U.S. Senate. Democratic leader Chuck Schumer says the Senate will vote Thursday on ending normal trade relations with Russia and banning the importation of its oil. Both bills have been bogged down

By DAVID KOENIG AP Airlines Writer Investors seem to be taking a slightly dim view of JetBlue’s bid to buy Spirit Airlines for $3.6 billion. JetBlue shares fell nearly 9% Wednesday, and they are down more than 15% since news of the deal broke Tuesday. JetBlue executives are trying to convince Wall Street about the

By WILL WEISSERT and ZEKE MILLER Associated Press WASHINGTON (AP) — President Joe Biden has signed into law plans for a sweeping overhaul of the U.S. Postal Service. The measure is meant to shore up the popular but beleaguered agency’s financial future and cement six-days-a-week mail delivery. The legislation cleared Congress last month after years

By LISA RATHKE Associated Press The federal government has requested a five-year sentence for a former Vermont ski resort executive accused in a failed plan to build a biotechnology plant using tens of millions of dollars in foreign investors’ money raised through a special visa program. According to a sentencing memo filed Tuesday, William Stenger,

DETROIT (AP) — Toyota customers soon won’t be able to get U.S. federal tax credits for buying electric or plug-in hybrid vehicles. Toyota’s sales chief for North American, Bob Carter, said Wednesday that the automaker expects to reach a 200,000-vehicle cap on the credits before the end of June. After that, the credits will be

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Spirit Airlines, Microsoft fall; Tilray, Landstar rise.

The Associated Press Stocks fell and bond yields rose on Wall Street Wednesday after details from last month’s Federal Reserve meeting showed the central bank intends to be aggressive in its efforts to fight inflation. Minutes from the meeting show that policymakers agreed to begin cutting the Fed’s stockpile of Treasurys and mortgage-backed securities by

The Associated Press Closing prices for crude oil, gold and other commodities, and foreign exchange levels.

By The Associated Press Associated Press The United States and allies are again escalating sanctions against Russia after evidence that Russian troops murdered Ukrainian civilians in a town near Kyiv. Among the new sanctions are measures targeting the family of Russian President Vladimir Putin. The White House said Wednesday that President Joe Biden will sign

By COLLIN BINKLEY AP Education Writer The Biden administration has announced that federal student loan payments will remain paused through Aug. 31, extending a freeze that began in 2020 but was set to end after this month. The action is meant to help millions of borrowers regain financial footing before they’re back on the hook

By KEN SWEET AP Business Writer NEW YORK (AP) — Russia says it made a debt payment in rubles this week, a move that may not be accepted by Russia’s foreign debtholders and could put the country on a path to an historic default. The action by Russia was in response to the most recent

By MATTHEW BROWN Associated Press BILLINGS, Mont. (AP) — A subsidiary of one of the largest U.S. wind energy companies has been sentenced to probation and ordered to pay over $8 million in fines and restitution after at least 150 eagles were killed at its wind farms in eight states. NextEra Energy subsidiary ESI Energy