TOKYO (AP) — Global shares were mostly lower Tuesday following a national holiday in the U.S, while oil prices surged following an attack on an oil facility in the capital of the United Arab Emirates that killed at least three people.
BRUSSELS (AP) — Euro finance chiefs on Monday ventured into a high-wire political balancing act prompted by conflicting economic forces: a weaker growth outlook and stronger inflation.
Finance ministers from the 19 nations that share the euro currency pledged continued budgetary stimulus for the European economy amid headwinds caused by the highly transmissible omicron variant.
LOS ANGELES (AP) — The U.S. housing market had another scorcher of a year in 2021, aided by low mortgage rates, a swell of demand that outstripped supply and a rebounding job market.
The supply-demand equation remains sharply lopsided heading into the spring home-buying season, which should give sellers the upper hand again.
WASHINGTON (AP) — By some counts, President Joe Biden can lay claim to a banner first year in office. But numbers also reveal plenty of setbacks.
Most in the United States got their COVID-19 vaccines, but other countries fared better.
NEW YORK (AP) — In just two weeks, the cost of pecans for the pies at Peggy Jean’s Pies in Columbia, Missouri, has surged nearly 40%, perplexing co-owner Rebecca Miller and adding to the cost of doing business.
BERLIN (AP) — A senior European Central Bank official says that raising interest rates prematurely could “choke off the recovery,” comments that come as inflation in the 19-nation euro area has hit a record rate.
Djokovic entangles sponsors in Australian Open vax uproar
NEW YORK (AP) — A lot of people are angry at Novak Djokovic. And his sponsors may just wait it out. It’s unclear if the No. 1 seed can compete Monday in the Australian Open after Australian officials again revoked his visa over his lack of a COVID-19 vaccine.
WASHINGTON (AP) — President Joe Biden on Friday announced the nominations of three people for the Federal Reserve's Board of Governors, including Sarah Bloom Raskin, a former Fed and Treasury official, for the top regulatory slot and Lisa Cook, who would be the first Black woman to serve on the Fed's board.
NEW YORK (AP) — Americans overlooked shortages, spiking prices and uncertainty over the omicron variant to break spending records during the critical holiday shopping season. But figures released Friday show that after spending robustly early in the holiday season, consumers sharply slowed their purchases from November to December.
WASHINGTON (AP) — He was supposed to break through the congressional logjam. End the pandemic. Get the economy back on track.
Days before he hits his one-year mark in office, a torrent of bad news is gnawing at the foundational rationale of President Joe Biden’s presidency: that he could get the job done.