Category Archives: Economy
As war in Ukraine intensifies, US gasoline hits record $4.17
The average price of gasoline in the U.S. hit a record $4.17 per gallon Tuesday as the country banned Russian oil imports after its invasion of Ukraine.
Cyber firm: At least 6 US state governments hacked by China
WASHINGTON (AP) — Hackers working on behalf of the Chinese government broke into the computer networks of at least six state governments in the United States in the last year, according to a report released Tuesday by a private cybersecurity
EU commits to phasing out dependency on Russian fossil fuels
BRUSSELS (AP) — The European Union is seeking to fully phase out its reliance on Russian energy “well before 2030” to ensure the 27-nation bloc no longer faces difficult decisions about hurting their own economies in geopolitical crises
US strikes harder at Putin, banning all Russian oil imports
WASHINGTON (AP) — Striking harder at Russia’s economy, President Joe Biden on Tuesday ordered a ban on Russian oil imports in retaliation for Vladimir Putin’s onslaught in Ukraine. The major trade action, responding to the pleas of Ukraine’s embattled...
EXPLAINER: What does a US ban on Russian oil accomplish?
NEW YORK (AP) — With Russia intensifying its war on Ukraine, killing civilians and triggering a mass refugee crisis, President Joe Biden on Tuesday announced a U.S. ban on imported Russian oil. Critics of Russia have said that sanctioning its
Live updates: Ukraine: Plant staff forced to record address
The latest developments on the Russia-Ukraine war: LVIV, Ukraine — Ukraine’s energy minister said Russian forces that now control a Ukrainian nuclear plant are forcing the exhausted
Board tells 3 Arizona universities to sell Russian holdings
PHOENIX (AP) — The board that oversees Arizona's three public universities on Monday ordered their presidents to sell any Russian investments they hold as quickly as possible because of ongoing war it is waging against Ukraine.
Teachers hit picket lines in Minneapolis as parents worry
MINNEAPOLIS (AP) — Minneapolis public school teachers hit the picket lines on Tuesday, calling for better wages and “safe and stable schools,” as parents found themselves facing an uncertainty that’s become all too familiar during the coronavirus pand...
What to know about South Korea’s presidential election
SEOUL, South Korea (AP) — Whoever wins South Korea's presidential election Wednesday will face a host of major issues, including skyrocketing housing prices, threats from nuclear-armed North Korea and a debate about how to heal a nation sharply split a...
Online university fined $22M for misleading students
SAN DIEGO (AP) — A California judge has ordered an online, for-profit university and its former parent company to pay $22 million in penalties, saying they mislead students about the costs of their education, among other things, the state's attorney
