Economists said the move appears designed to try to support the ruble, which has collapsed against other currencies since Putin invaded Ukraine.
Deb Hardy
Staff Writer
U.S. new-home sales declined in February for a second month
Sales of new U.S. homes fell in February for a second month, suggesting high prices and rising mortgage rates may be keeping prospective buyers on the sidelines. Purchases of new single-family homes decreased 2% to a 772,000 annualized pace following a downwardly revised 788,000 in January, government data showed Wednesday. The median estimate in a […]
Pandemic relief money spent on hotel, ballpark, ski slopes
An Associated Press review finds that state and local governments have spent nearly $1 billion worth of federal coronavirus aid on projects that have little to do with combating the pandemic.
Stocks fall on Wall Street as crude oil prices climb again
Wednesday’s trading gives back nearly all of the gains made a day earlier.
Stocks fall on Wall Street as crude oil prices climb again
Wednesday’s trading gives back nearly all of the gains made a day earlier.
Simba the lion, wolf safely evacuated from war-torn Ukraine
A lion and a wolf have been evacuated from a zoo in war-torn Ukraine and brought to safety in Romania in what an animal rights group involved in the operation says was a four-day mission ‘full of dangers.’
Agenda languishing, Democrats press Biden to go it alone
Top Democrats are pleading for President Biden to act alone on some of the party’s core legislative priorities
Concern grows over traffickers targeting Ukrainian refugees
There are plenty of people offering help to those fleeing Ukraine – but some want only to exploit the vulnerable.
Uber charging customers new fuel fee for rides, delivery
The company cites record-high gas prices for the change.
Russian footholds in Mideast, Africa raise threat to NATO
Far from the icy battlefields of Ukraine, Russia President Vladimir Putin is busily advancing Russia’s influence in Africa and the Middle East.