North Korea keeps up its missile barrage with launch of ICBM
SEOUL, South Korea (AP) — North Korea fired at least six missiles into the sea on Thursday, including an intercontinental ballistic missile that triggered evacuation...
Fed attacks inflation with another big hike and expects more
WASHINGTON (AP) — Intensifying its fight against high inflation, the Federal Reserve raised its key interest rate Wednesday by a substantial three-quarters of a point...
‘Our world is in peril’: At UN, leaders push for solutions
UNITED NATIONS (AP) — The world’s problems seized the spotlight Tuesday as the U.N. General Assembly’s yearly meeting of world leaders opened with dire assessments...
Driven by consumers, US inflation grows more persistent
WASHINGTON (AP) — U.S. inflation is showing signs of entering a more stubborn phase that will likely require drastic action by the Federal Reserve, a...
US inflation slips from 40-year peak but remains high 8.5%
WASHINGTON (AP) — Falling prices for gas, airline tickets and clothes gave Americans a little bit of relief last month, though overall inflation is still...
Yellen downplays US recession risk as economic reports loom
WASHINGTON (AP) — Treasury Secretary Janet Yellen on Sunday said the U.S. economy is slowing but pointed to healthy hiring as proof that it is...
Long lines are back at US food banks as inflation hits high
PHOENIX (AP) — Long lines are back at food banks around the U.S. as working Americans overwhelmed by inflation turn to handouts to help feed...
Asian markets rise ahead of US inflation data
BEIJING (AP) — Asian stock markets rose Wednesday as investors waited for U.S. inflation data some worry might lead to more interest rate hikes. Shanghai,...
No, you’re not imagining it — package sizes are shrinking
It’s the inflation you’re not supposed to see. From toilet paper to yogurt and coffee to corn chips, manufacturers are quietly shrinking package sizes without...
Prepare for sticker shock if you are traveling this summer
DALLAS (AP) — Airlines and tourist destinations are expecting monster crowds this summer as travel restrictions ease and pandemic fatigue overcomes lingering fear of contracting...