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Cathy Bussewitz, Associated Press

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Cathy’s Recent Stories

Economy Mar 12

Federal government moves urgently to avert potential banking crisis

The U.S. government took extraordinary steps Sunday to stop a potential banking crisis after the historic failure of Silicon Valley Bank, assuring depositors at the failed financial institution that they would be able to access all of their money quickly.

Economy Jan 31

Exxon Mobil reached record profits amid high gas prices, war in Ukraine

The energy giant brought in $55.7 billion in annual profits.

Economy Dec 16

Gas prices have dropped but still strain some drivers

Drivers now hope the situation doesn’t get worse after a series of cutbacks tied to Russia’s war in Ukraine, accidents and the slowing global economy have strained the world’s oil supply.

Economy Nov 12

Probe underway after funds vanish from bankrupt crypto exchange FTX

Collapsed cryptocurrency trading firm FTX confirmed there was “unauthorized access” to its accounts, hours after the company filed for Chapter 11 bankruptcy protection Friday.

Politics Oct 19

What is the Strategic Petroleum Reserve?

Tapping the reserve is among the few things a president can do alone to try to control inflation, which makes Americans poorer and often creates a political liability for the party in control of the White House.

World Mar 25

New U.S., EU partnership to reduce reliance on Russian energy

The United States and the European Union have announced a new partnership to reduce the continent's reliance on Russian energy.

World Mar 08

What will a U.S. ban on Russian oil accomplish?

With Russia intensifying its war on Ukraine, killing civilians and triggering a mass refugee crisis, President Joe Biden announced a U.S. ban on imported Russian oil.

Economy Dec 12

Inflation is painfully high, but some relief may be coming

Prices have dropped on global markets for crude oil and natural gas, which is filtering into lower prices at the pump and for home heating. That should keep inflation somewhat in check, even if prices keep rising elsewhere in the…

Science Nov 08

Air-scrubbing machines gain momentum, but long way to go

Just a few years ago, this technology, known as “direct air capture,” was seen by many as an unrealistic fantasy. But the technology has evolved to where people consider it a serious tool in fighting climate change.

Economy May 19

Colonial Pipeline confirms it paid $4.4 million to hackers

Colonial Pipeline's CEO Joseph Blount told The Wall Street Journal that he authorized the payment after the ransomware attack because the company didn't know the extent of the damage.

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