EXPLAINER: Why US inflation is so high, and when it may ease
WASHINGTON (AP) — Inflation’s relentless surge didn’t merely persist in June. It accelerated. For the 12 months ending in June,…
WTO Awards Canada Future Right To Impose Duties On U.S. Goods
GENEVA (Reuters) – Canada has the right to impose tariffs on U.S. imports in the future to ward off the…
Amazon handed Ring footage to police without user consent
Amazon has provided Ring doorbell footage to law enforcement 11 times this year without the user’s permission, a revelation that’s…
Hungary declares ‘energy emergency’ over threat of shortages
BUDAPEST, Hungary (AP) — Hungary’s government has declared an “energy emergency” in response to supply disruptions and skyrocketing energy prices…
Oil Mixed After U.S. Stock Build, Big Inflation Figure
By David Gaffen NEW YORK (Reuters) -Oil prices were little changed on Wednesday in another volatile session, after U.S. oil…
Bill Gates gives $20 billion to stem ‘significant suffering’
Bill Gates, concerned about the “significant suffering” caused by global setbacks including the COVID-19 pandemic, announced Wednesday that he will…
EU rule of law report decries situation in Poland, Hungary
BRUSSELS (AP) — The European Union’s executive on Wednesday decried the rule of law situation in Poland and Hungary, centering…
Gazprom casts doubt on pipeline’s quick return to full flow
BERLIN (AP) — Russian energy company Gazprom appeared to cast doubt Wednesday on the prospects of quickly restoring the flow…
Bank Of Canada Surprises With 100-bp Rate Hike As Price Risks Gather Steam
By Julie Gordon and Steve Scherer OTTAWA (Reuters) -The Bank of Canada on Wednesday surprised markets with a full-percentage-point rate…
Fed Seen Jacking Interest Rates Further As U.S. Inflation Soars
By Lindsay Dunsmuir and Ann Saphir (Reuters) – Traders boosted bets on Wednesday the Federal Reserve could deliver an even…