TOKYO (AP) — Japan racked up a 2.2 trillion yen ($19 billion) trade deficit last month, an eight-year high, as the cost of energy imports soared, the government said Thursday. The Finance Ministry said exports edged up 9.6% in January from the same month the previous year. Imports jumped 39.6%, resulting in the sixth straight…
In the past few months, the number of women who call Fund Texas Choice has doubled to more than 100 per week. The demand, driven by a state law banning abortions at roughly six weeks of pregnancy, has forced the abortion rights fund to hire more people. But it’s still been difficult to keep up…
DoorDash on Wednesday posted better-than-expected sales for its fourth quarter thanks to its growing active-user base and new offerings like deliveries from groceries and pet stores. The San Francisco-based delivery company said its revenue grew 34% to $1.3 billion in the October-December period. That topped Wall Street’s forecast of $1.28 billion, according to analysts polled…
WASHINGTON (AP) — Federal Reserve policymakers concluded last month that they would accelerate their tightening of credit if inflation failed to slow in the coming months. Most officials agreed that faster interest rate hikes would be needed “if inflation does not move down” as the Fed’s policymaking committee expects, according to the minutes of the…
NEW YORK (AP) — A former top banker at Goldman Sachs testified Wednesday that he and other corrupt executives at the firm built a “house of cards” that was doomed to fall to try to conceal an audacious scheme to ransack a Malaysian state investment fund. In his first day on the witness stand at…
BILLINGS, Mont. (AP) — Former U.S. Interior Secretary Ryan Zinke misused his position to advance a commercial development project that included a microbrewery in his Montana hometown and lied to an agency ethics official about his involvement, federal investigators said Wednesday. The investigation by the Interior Department’s inspector general found that Zinke continued work on…
FRANKFURT, Germany (AP) — Europe is contemplating sanctions against Russia if it invades Ukraine — and the work is far from simple. Sanctions would seek to maximize the pain for the Kremlin, its key banks and energy companies but also avoid jeopardizing the continent’s Russian-dependent energy supplies or inflicting too much damage on European companies…
NEW YORK (AP) — Fueled by pay gains, solid hiring and enhanced savings, Americans sharply ramped up their spending at retail stores last month in a sign that many consumers remain unfazed by rising inflation. Retail sales jumped 3.8% from December to January, the Commerce Department said Wednesday, a much bigger increase than economists had…
WASHINGTON (AP) — The United States has accused China of failing to meet its commitments to the World Trade Organization and says it is exploring new ways to combat aggressive Chinese trade practices. In its annual report on Chinese compliance with WTO rules, the Office of the U.S. Trade Representative said Wednesday that China isn’t…
LONDON (AP) — Inflation in the United Kingdom has risen at the fastest rate in almost 30 years as increased costs for energy, housing and transportation squeezed household budgets. The consumer price index ticked up to 5.5% in the 12 months through January and was up from 5.4% the previous month, the Office for National…
