VOL. 46 | NO. 15 | Friday, April 15, 2022
RICHARD COURTNEY: REALTY CHECK
If a person decided to rock down to Electric Avenue in order to buy a home, said person might be shocked to find the cost of Electric had jumped even more than the price of gasoline.
JOE ROGERS: MY TAKE
Among the appropriate responses to legislative snake oil: When a lawmaker begins the presentation of a bill by assuring colleagues that it doesn’t change current law on the very topic it addresses, cock an eyebrow.
UT SPORTS
If people didn’t realize Marquarius White is known for speed, his nickname is a dead giveaway.
NEWSMAKERS
Burr & Forman LLP has named Ken Bryant office managing partner of the firm’s Nashville location. He succeeds C. Tucker Herndon, who was recently appointed to the firm’s executive committee.
BRIEFS
Echo Health Ventures is establishing a local presence in Tennessee led by Echo Health Advisors principal Hayley Hovious, who joined the company in March following seven years as president of the Nashville Health Care Council.
BEHIND THE WHEEL
With gas prices reaching record highs, many car shoppers may be asking which SUVs are the most fuel-efficient? Edmunds brings you five options to consider so you can spend less time and money at the pump.
PERSONAL FINANCE
Home hazards – fires, flooding, injuries and death, for example – can have costly consequences. But preventing accidents or disasters or minimizing the damage when they happen isn’t as expensive as you might think.
CAREER CORNER
Burnout at work is real, and it’s happening more now than ever, perhaps due to the high stress and change we have faced over the last two years. I heard from a reader this week who is experiencing burnout in the workplace, as you might be, too. The most important part of the burnout experience is how you manage it.
MILLENNIAL MONEY
Upon paying off between $12,000 and $15,000 in credit card debt in 2019, Yamiesha Bell, a special education teacher in New York, didn’t break up with her credit cards.
PREDATORS
NASHVILLE (AP) — Matt Duchene scored his 40th goal of the season and Mikael Granlund had the only goal of the shootout to lead the Nashville Predators to a 3-2 victory over the Calgary Flames on Tuesday night.
STATEWIDE
NASHVILLE (AP) — Tennessee Republican officials have removed three congressional hopefuls from the GOP primary ballot, including one candidate backed by former President Donald Trump.
KNOXVILLE (AP) — Twenty communities across Tennessee will be awarded $25,000 to help build or enhance existing dog parks, said Randy and Jenny Boyd, with the Boyd Foundation.
COURTS
WASHINGTON (AP) — Twenty-one people have been charged in the past nine days as part of a nationwide enforcement push to root out those who exploit the pandemic through health care fraud schemes, the Justice Department announced Wednesday.
NASHVILLE (AP) — Tennessee is set to execute its first inmate Thursday since the start of the pandemic, planning a lethal injection procedure that has become less common in the state than the electric chair in recent years.
MEMPHIS (AP) — A Mississippi man has been sentenced to house arrest and probation for pointing a green laser at FedEx airplanes flying into Memphis International Airport in Tennessee, federal prosecutors said.
WASHINGTON (AP) — Two men accused of impersonating federal agents and offering gifts and free apartments to Secret Service officers have been indicted by a federal grand jury, prosecutors said Tuesday.
LONDON (AP) — A British judge on Wednesday formally approved the extradition of Julian Assange to the United States to face spying charges. The case will now go to Britain's interior minister for a decision, though the WikiLeaks founder still has legal avenues of appeal.
AUTO INDUSTRY
MONROE, Ga. (AP) — Opponents trying to derail a $5 billion, 7,500-job electric truck plant in Georgia dominated a state meeting this week that was meant to gather suggestions on how to design the plant to mitigate any impact on the environment.
REAL ESTATE
Sales of previously occupied U.S. homes slowed in March to the slowest pace in nearly two years as a swift rise in mortgage rates and record-high prices discouraged would-be homebuyers.
COVID-19
FARGO, N.D. (AP) — A majority of Americans continue to support a mask requirement for people traveling on airplanes and other shared transportation, a new poll finds. A ruling by a federal judge has put the government's transportation mask mandate on hold.
WASHINGTON (AP) — President Joe Biden's administration has been working for months to prepare people to rethink their personal risk calculations as the nation gets used to the idea of living with an endemic COVID-19.
NATIONAL/INTERNATIONAL BUSINESS
NEW YORK (AP) — Wall Street's major stock indexes ended mixed Wednesday after another day of choppy trading, while Netflix lost more than a third of its value after reporting its first subscriber loss in more than a decade and predicting more grim times ahead.
WASHINGTON (AP) — The heads of the International Monetary Fund and the World Bank warned Wednesday that rising interest rates are squeezing the world's poorest countries as they struggle with the coronavirus and soaring food prices.
DETROIT (AP) — Elon Musk's lawyer says a federal judge would trample on the Tesla CEO's free speech rights if he ordered Musk to stop talking about 2018 tweets saying he had the funding to make Tesla a private company.
OMAHA, Neb. (AP) — CSX has agreed to start paying some of its employees more in advance of raises the railroad expects to agree to as part of ongoing national contract talks.
WASHINGTON (AP) — The Biden administration is launching a $6 billion effort to rescue nuclear power plants at risk of closing, citing the need to continue nuclear energy as a carbon-free source of power that helps to combat climate change.
NATIONAL/INTERNATIONAL POLITICS
TALLAHASSEE, Fla. (AP) — The Florida Senate on Wednesday passed a bill to repeal a law allowing Walt Disney World to operate a private government over its properties in the state, escalating a feud with the entertainment giant over its opposition to what critics call the "Don't Say Gay" law.
WASHINGTON (AP) — Treasury Secretary Janet Yellen and Ukraine's Finance Minister Serhiy Marchenko walked out of a Group of 20 meeting Wednesday as Russia's representative started talking.
WASHINGTON (AP) — President Joe Biden plans to attend the White House Correspondents' Association's annual dinner, the first time a sitting president will be at the event since Barack Obama in 2016.
WASHINGTON (AP) — More than 50 Republicans who once joined a lawsuit claiming the House's pandemic-era proxy voting was unconstitutional have themselves voted by proxy this year, remotely without showing up.
UKRAINE
WASHINGTON (AP) — The U.S. rolled out new sanctions on Wednesday against more than 40 individuals and entities accused of evading the ongoing wave of penalties imposed on Russia as punishment for invading Ukraine.
WARSAW, Poland (AP) — After spending weeks with no electricity or water in the basement of her family's home in Ukraine, Viktoriya Savyichkina made a daring escape from the besieged city of Mariupol with her 9- and 14-year-old daughters.
KYIV, Ukraine (AP) — Russian forces pressured a stubborn pocket of resistance in Mariupol amid renewed hopes Wednesday for an evacuation of thousands of civilians from the shattered port city that is a key battleground in Moscow's new onslaught to take control of Ukraine's eastern industrial heartland.
CHERNOBYL, Ukraine (AP) — Here in the dirt of one of the world's most radioactive places, Russian soldiers dug trenches. Ukrainian officials worry they were, in effect, digging their own graves.
BANGKOK (AP) — With its ground troops forced to pull back in Ukraine and regroup, and its Black Sea flagship sunk, Russia's military failings are mounting. No country is paying closer attention than China to how a smaller and outgunned force has badly bloodied what was thought to be one of the world's most powerful armies.
TUESDAY, APRIL 19
AUTO RACING
INDIANAPOLIS (AP) — IndyCar team owner Beth Paretta announced Tuesday she intends to bring back her all-female team for three races this season but doesn't intend to compete at next month's Indianapolis 500.
VANDERBILT SPORTS
NASHVILLE (AP) — Vanderbilt guard Scotty Pippen Jr. is entering the NBA draft, and the Southeastern Conference's leading scorer is signing with an agent.
COURTS
KNOXVILLE (AP) — A Tennessee school district has agreed to pay $145,000 to settle a lawsuit filed by parents who objected to the district's decision to drop mask requirements this year during the coronavirus pandemic.
ENVIRONMENT
Minority neighborhoods where residents were long denied home loans have twice as many oil and gas wells as mostly white neighborhoods, according to a new study that suggests ongoing health risks in vulnerable communities are at least partly tied to historical structural racism.
LUDINGTON, Mich. (AP) — Sprawled like a gigantic swimming pool atop a bluff overlooking Lake Michigan is an asphalt-and-clay pond holding enough water to produce electricity for 1.6 million households.
MEDIA
SAN FRANCISCO (AP) — Netflix's video streaming service suffered the first loss in worldwide subscribers in its history, deepening troubles that have been mounting since enjoying a surge from a captive audience locked down during the pandemic's early stages.
NEW YORK (AP) — Meta Platforms Inc., the social media giant formerly known as Facebook, plans to celebrate Earth Day by expanding its offering of fundraising tools and making them more easily available to 1.5 million nonprofits on its Facebook and Instagram platforms, including those involved in fighting climate change.
COVID-19
DALLAS (AP) — A ruling by a federal judge has ended — at least for now — the requirement that people wear masks on planes and public transportation, and there is plenty of confusion about the new, post-mask world of travel.
Johnson & Johnson is suspending sales forecasts for its COVID-19 vaccine only a few months after saying the shot could bring in as much as $3.5 billion this year.
ST. PETERSBURG, Fla. (AP) — A federal judge's decision to strike down a national mask mandate was met with cheers on some airplanes but also concern about whether it's really time to end one of the most visible vestiges of the COVID-19 pandemic.
A decision by a federal judge in Florida to throw out a national mask mandate for public transportation across the U.S. created a confusing patchwork of rules for passengers as they navigate airports and transit systems.
Moderna hopes to offer updated COVID-19 boosters in the fall that combine its original vaccine with protection against the omicron variant. On Tuesday, it reported a preliminary hint that such an approach might work.
TOKYO (AP) — Japan's health ministry on Tuesday formally approved Novavax's COVID-19 vaccine, a fourth foreign-developed tool to combat the infections as the country sees signs of a resurgence led by a subvariant of fast-spreading omicron.
NATIONAL/INTERNATIONAL BUSINESS
NEW YORK (AP) — Stocks closed higher on Wall Street Tuesday as technology stocks rallied following a weak start.
WASHINGTON (AP) — The Biden administration is restoring federal regulations that require rigorous environmental review of major infrastructure projects such as highways, pipelines and oil wells — including likely impacts on climate change and nearby communities. The longstanding reviews were scaled back by the Trump administration in a bid to fast-track projects and create jobs.
WASHINGTON (AP) — The International Monetary Fund on Tuesday downgraded the outlook for the world economy this year and next, blaming Russia's war in Ukraine for disrupting global commerce, pushing up oil prices, threatening food supplies and increasing uncertainty already heightened by the coronavirus and its variants.
NATIONAL/INTERNATIONAL POLITICS
TALLAHASSEE, Fla. (AP) — Florida Gov. Ron DeSantis on Tuesday asked the Legislature to repeal a law allowing Walt Disney World to operate a private government over its properties in the state, the latest salvo in a feud between the Republican and the media giant.
WASHINGTON (AP) — Treasury Secretary Janet Yellen urged world finance leaders Tuesday to "get concrete" as they look for ways to combat a looming crisis over food insecurity around the globe that Russia's war in Ukraine has made even worse.
WASHINGTON (AP) — The Biden administration says it is barring anti-satellite missile testing by the United States, a move that White House officials say is meant to underscore its hopes of establishing new norms for military action in space.
WASHINGTON (AP) — Kimberly Guilfoyle, the fiancée of former President Donald Trump's eldest son, met with the House committee investigating the U.S. Capitol insurrection Monday — more than a month after she abruptly ended a voluntary interview with lawmakers — according to a person familiar with the matter.
LONDON (AP) — Prime Minister Boris Johnson is facing British lawmakers on Tuesday for the first time since he was fined by police for attending a birthday party in his office that broke coronavirus lockdown rules.
UKRAINE
KYIV, Ukraine (AP) — Russia ratcheted up its battle for control of Ukraine's eastern industrial heartland, intensifying assaults on cities and towns along a front hundreds of miles long in what officials on both sides described as a new phase of the war.
TEHRAN, Iran (AP) — During its 1979 Islamic Revolution, Iran embraced the protest cry of "neither East nor West," rejecting both the U.S. and the Soviet Union, then locked in the Cold War. The phrase to this day hangs over the doors of Iran's Foreign Ministry.
MONDAY, APRIL 18
TENNESSEE TITANS
The Tennessee Titans have noticed the influx of talent from the NFC into the AFC. After posting the conference's best record to earn the No. 1 seed last season with a string of six straight winning seasons, they like what they have.
PREDATORS
NASHVILLE (AP) — The St. Louis Blues set a franchise record for goals in a period, hanging seven on Nashville in the second period of an 8-3 win over the Predators on Sunday.
STATEWIDE
NASHVILLE (AP) — Income tax returns are due this week, but Tennessee residents and businesses in 14 counties hit by disasters in the past year will get some extra time.
COURTS
WASHINGTON (AP) — The Supreme Court on Monday rejected a challenge from New York, New Jersey, Connecticut and Maryland to the 2017 tax law that capped federal tax deductions for state and local taxes.
WASHINGTON (AP) — The Supreme Court is declining to wade into a lawsuit filed by four New York City public school employees over a policy that they be vaccinated against COVID-19.
PERSONAL FINANCE
WASHINGTON (AP) — Monday is Tax Day — the federal deadline for individual tax filing and payments — and the IRS expects to receive tens of millions of last-minute filings electronically and through paper forms.
HEALTH CARE
The U.S. Food and Drug Administration is investigating Lucky Charms cereal after dozens of customers complained of illness after eating it.
VIRUS OUTBREAK
ST. PETERSBURG, Fla. (AP) — A federal judge in Florida has voided the national mask mandate covering airplanes and other public transportation as exceeding the authority of U.S. health officials in the coronavirus pandemic.
BEIJING (AP) — Shanghai authorities on Monday reported the first COVID-19 deaths in the latest outbreak in China's most populous and wealthiest city.
NATIONAL/INTERNATIONAL BUSINESS
NEW YORK (AP) — Stocks closed slightly lower after a wobbly day of trading Monday as worries about rising interest rates and high inflation keep a lid on Wall Street despite some better-than-expected profit reports from banks.
DETROIT (AP) — Twitter has dropped a major roadblock in front of Elon Musk's effort to take over the company, leaving investors to wonder about the mercurial Tesla CEO's next move.
Twitter is trying to thwart billionaire Elon Musk's takeover attempt with a "poison pill" — a financial device that companies have been wielding against unwelcome suitors for decades.
NEW YORK (AP) — Bank of America posted a 12% decline in first-quarter profits from a year earlier, a decline that was much less than the ones its rivals had reported the previous week. The nation's second-largest bank was helped by higher net interest income and no noticeable exposure to Russian assets.
WASHINGTON (AP) — The Biden administration is taking a key step toward ensuring that federal dollars will support U.S. manufacturing — issuing requirements for how projects funded by the $1 trillion bipartisan infrastructure package source their construction material.
WASHINGTON (AP) — A global computer chip shortage has made it harder for consumers to get their hands on cars, computers and other modern-day necessities, so Congress is looking to boost chip manufacturing and research in the United States with billions of dollars from the federal government.
BEIJING (AP) — China's economic growth edged up to a still-weak 4.8% over a year earlier in the first three months of 2022 as industrial cities shut down to fight coronavirus outbreaks, threatening to disrupt global trade and manufacturing.
NATIONAL/INTERNATIONAL POLITICS
WASHINGTON (AP) — Migrants attempted to cross the U.S.-Mexico border at the highest level in two decades as the U.S. prepares for even larger numbers with the expected lifting of a pandemic-era order that turned away asylum seekers.
WASHINGTON (AP) — Treasury Secretary Janet Yellen plans to meet with Ukrainian Prime Minister Denys Shmyhal during this week's big meetings of global economic leaders in Washington — but she'll be trying to avoid most contact with Russian officials who plan attend some portions of the event virtually.
MEXICO CITY (AP) — Mexican President Andrés Manuel López Obrador failed to find enough votes late Sunday to pass a constitutional reform limiting private and foreign firms in the electrical power industry, marking the first major legislative setback for the president.
PARIS (AP) — Paris prosecutors are studying a report by the European Union's fraud agency accusing French far-right presidential candidate Marine Le Pen and other members of her nationalist party of misusing public funds while serving in the European Parliament.
UKRAINE
BERLIN (AP) — Germany's employers and unions have joined together in opposing an immediate European Union ban on natural gas imports from Russia over its invasion of Ukraine, saying such a move would lead to factory shutdowns and the loss of jobs in the bloc's largest economy.
BEIRUT (AP) — During a visit to Syria in 2017, Vladimir Putin lavished praise on a Syrian general whose division played an instrumental role in defeating insurgents in the country's long-running civil war. The Russian president told him his cooperation with Russian troops "will lead to great successes in the future."
SARAJEVO, Bosnia (AP) — Regardless of how the Russian war in Ukraine ends, getting justice for human rights abuses suffered during the conflict will inevitably be a long and painful process for those who survive to tell of the atrocities they witnessed.
FRIDAY, APRIL 15
PREDATORS
NASHVILLE (AP) — Leon Draisaitl had three goals and Mike Smith made 30 saves, leading the Edmonton Oilers to a 4-0 win over the Nashville Predators on Thursday night.
STATE GOVERNMENT
NASHVILLE (AP) — For years, Tennessee Democratic Senate Minority Leader Jeff Yarbro's call to require the state's voting infrastructure to include a paper record of each ballot cast has been batted down in the Republican-dominated Legislature.
NASHVILLE (AP) — Tennessee lawmakers are advancing a bill strictly limiting the shackling of pregnant inmates.
STATEWIDE
NASHVILLE (AP) — Tennessee's Community Tree Planting Program is accepting applications for its cost-share program that pays half the cost of trees and associated expenses for public tree planting projects.
AUTO INDUSTRY
DETROIT (AP) — Two years after the pandemic tore through the economy, America's auto market looks something like this: Prices are drastically up. Supply is drastically down. And gasoline costs drastically more.
PARIS (AP) — French President Emmanuel Macron and his far-right challenger in the French presidential vote, Marine Le Pen, on Friday both decried as "shocking" the multimillion euro payout to the CEO of carmaker Stellantis.
ENVIRONMENT
WASHINGTON (AP) — U.S. military bases in the Arctic and sub-Arctic are failing to prepare their installations for long-term climate change as required, even though soaring temperatures and melting ice already are cracking base runways and roads and worsening flood risks up north, the Pentagon's watchdog office said Friday.
ALBUQUERQUE, N.M. (AP) — Tumbleweeds drift along the Rio Grande as sand bars within its banks widen. Smoke from distant wildfires and dust kicked up by intense spring winds fill the valley, exacerbating the feeling of distress that is beginning to weigh on residents.
MEDIA
PROVIDENCE, R.I. (AP) — Twitter said Friday that its board of directors has unanimously adopted a "poison pill" defense in response to Tesla CEO Elon Musk's proposal to buy the company and take it private.
OMAHA, Neb. (AP) — Newspaper publisher Lee Enterprises is facing renewed pressure from a hedge fund to speed up its transition to digital publishing and consider adding new digital-savvy leaders to its board after successfully fighting off a hostile takeover from a different hedge fund.
VIRUS OUTBREAK
WASHINGTON (AP) — The Food and Drug Administration on Thursday issued an emergency use authorization for what it said is the first device that can detect COVID-19 in breath samples.
NATIONAL/INTERNATIONAL BUSINESS
WASHINGTON (AP) — President Joe Biden said Friday he plans to nominate Michael Barr, the dean of the University of Michigan's public policy school, to be the Federal Reserve's vice chairman of supervision.
Mercurial billionaire Elon Musk now says he wants to buy Twitter outright, taking it private to restore its commitment to what he terms "free speech." But his offer, which seemed to fall flat with investors on Thursday, raises as many questions as it answers.
NATIONAL/INTERNATIONAL POLITICS
WASHINGTON (AP) — Lawmakers pressed Stephen Miller, a top aide to former President Donald Trump, during a daylong closed-door interview about Trump's speech at a rally that preceded the Jan. 6, 2021, insurrection at the Capitol, according to two people familiar with Miller's testimony.
AUSTIN, Texas (AP) — Gov. Greg Abbott's decision to impose additional inspections of trucks entering Texas from Mexico is his latest move in an unprecedented foray into border security, which has long been the federal government's domain.
WASHINGTON (AP) — President Joe Biden and his wife, Jill, earned $610,702 during their first year in the White House and paid $150,439 in federal income taxes. That was a rate of 24.6% for 2021, well over the average of around 14%.
UKRAINE
KYIV, Ukraine (AP) — More than 900 civilian bodies have been discovered in the region surrounding the Ukrainian capital following the withdrawal of Russian forces — most of them fatally shot, police said Friday, an indication that many people were "simply executed."
UNTED NATIONS (AP) — The U.S. ambassador to the United Nations accused Russia on Thursday of making the precarious food situation in Yemen and elsewhere even worse by invading Ukraine, calling it "just another grim example of the ripple effect Russia's unprovoked, unjust, unconscionable war is having on the world's most vulnerable."
KYIV, Ukraine (AP) — A day after Moscow suffered a stinging symbolic defeat with the loss of the flagship of its Black Sea fleet, Russia's Defense Ministry promised Friday to ramp up missile attacks on the Ukrainian capital in response to Ukraine's alleged military "diversions on the Russian territory."
LVIV, Ukraine (AP) — Under relentless bombardment and a Russian blockade, the key port of Mariupol is holding out, but weapons and supplies shortages could weaken the resistance that has thwarted the Kremlin's invasion plans.
THURSDAY, APRIL 14
STATE GOVERNMENT
NASHVILLE (AP) — Tennessee lawmakers are close to sending Republican Gov. Bill Lee a proposal that would threaten felony penalties against homeless people who camp on local public property — including in parks — and misdemeanors for camping around highways.
NASHVILLE (AP) — The Tennessee Supreme Court on Wednesday reinstated the new state Senate map drawn up by Republicans this year in redistricting, ruling that a lower panel of judges didn't properly consider how blocking the map and extending the candidate filing deadline would harm elections officials and cause voter confusion.
NASHVILLE (AP) — A new rule imposing residency requirements on most U.S. House and Senate hopefuls won't achieve some Tennessee Republican lawmakers' goal of nudging at least one GOP candidate backed by President Donald Trump off the primary ballot, even as the governor allowed it to become law without signing it Wednesday.
COURTS
WASHINGTON (AP) — An Ohio man who testified he was "following presidential orders" from Donald Trump when he stormed the U.S. Capitol was convicted Thursday of obstructing Congress from certifying Joe Biden's 2020 electoral victory.
REAL ESTATE
WASHINGTON (AP) — Long-term U.S. mortgage rates continued to climb this week as the key 30-year loan rate reached 5% for the first time in more than a decade amid persistent high inflation.
HEALTH CARE
WASHINGTON (AP) — U.S. regulators will soon begin cracking down on vaping companies using a now-closed loophole, including a line of fruit-flavored e-cigarettes that have become teenagers' top choice.
UnitedHealth Group delivered a better-than-expected first quarter and raised its 2022 forecast, as Medicare Advantage grow and care delivery once again helped the health care giant.
MEDIA
Tesla CEO Elon Musk is offering to buy Twitter, saying the social media platform he has criticized for not living up to free speech principles needs to be transformed as a private company.
AUTO INDUSTRY
DETROIT (AP) — Tesla is recalling nearly nearly 595,000 vehicles in the U.S., most for a second time, because a "Boombox" function can play sounds over an external speaker and obscure audible warnings for pedestrians.
BANKING
NEW YORK (AP) — Four big banks reported noticeable declines in their first-quarter profits Thursday, as the volatile markets and war in Ukraine caused deal-making to dry up while a slowdown in the housing market meant fewer people sought to get a new mortgage or refinance.
VIRUS OUTBREAK
Pfizer said Thursday it wants to expand its COVID-19 booster shots to healthy elementary-age kids.
LONDON (AP) — British authorities have authorized a coronavirus vaccine for adults made by French drugmaker Valneva, despite the government's decision last year to cancel an order for at least 100 million doses.
NATIONAL/INTERNATIONAL BUSINESS
NEW YORK (AP) — Stocks are closing lower on Wall Street Thursday as investors gave mixed reviews to earnings from four of the nation's largest banks. The S&P 500 fell 1.2% and ended a shortened trading week with a decline of more than 2%. The yield on the 10-year Treasury rose to 2.83% as inflation worries continue to overhang the markets. Investors again turned their attention to the drama surrounding Tesla CEO Elon Musk and Twitter. Musk offered to buy the social media company for $54.20 a share, two weeks after revealing he'd accumulated a 9% stake. The Commerce Department said retail sales rose 0.5% in March.
In his first letter to Amazon shareholders, CEO Andy Jassy offered a defense of the wages and benefits the company gives its warehouse workers while also vowing to improve injury rates inside the facilities.
WASHINGTON (AP) — The head of the International Monetary Fund warned Thursday that Russia's war against Ukraine was weakening the economic prospects for most of the world's countries and called high inflation "a clear and present danger'' to the global economy.
WASHINGTON (AP) — The number of people seeking unemployment benefits ticked up last week but remained at a historically low level, reflecting a robust U.S. labor market with near record-high job openings and few layoffs.
NEW YORK (AP) — Retail sales rose modestly in March, but higher prices for food, gasoline and other basics took a big share of consumers' wallets.
Amazon is taking a step to offset its rising costs, announcing Wednesday it will add a 5% "fuel and inflation surcharge" to fees it charges third-party sellers who use the e-commerce giant's fulfillment services.
The head of the European Central Bank said Thursday that the bank would raise interest rates "some time after" ending its pandemic stimulus efforts later this year, even as pressure increases to follow the United States, United Kingdom and other countries in taking a harder line to combat soaring consumer prices.
NATIONAL/INTERNATIONAL POLITICS
WASHINGTON (AP) — Stephen Miller, who served as a top aide to President Donald Trump, will appear Thursday before the congressional committee investigating the Jan. 6 insurrection, according to two people familiar with the matter.
WASHINGTON (AP) — With his sweeping domestic agenda on hold and images of horror in Ukraine dominating headlines, President Joe Biden is scrounging for ways to demonstrate that he's still making progress for Americans at a time when many feel the country is heading in the wrong direction.
WASHINGTON (AP) — Americans are deeply divided over how much children in K-12 schools should be taught about racism and sexuality, according to a new poll released as Republicans across the country aim to make parental involvement in education a central campaign theme this election year.
UKRAINE
WASHINGTON (AP) — In anticipation of a new Russian offensive in eastern Ukraine, President Joe Biden on Wednesday approved an $800 million package of military assistance, including additional helicopters and the first provision of American artillery.
A former police officer who discussed Russia's invasion on the phone. A priest who preached to his congregation about the suffering of Ukrainians. A student who held up a banner with no words — just asterisks.