Jun 12 Head of WTO anticipates roadblocks as ministers negotiate trade deals By Jamey Keaten, Associated Press At a time when some experts question WTO's future and relevance, Director-General Ngozi Okonjo-Iweala hopes the meeting involving more than 120 ministers from the organization's 164 member countries yields progress toward reducing inequality and ensuring fair and free trade. Continue reading
Jun 11 Nationwide average for gasoline tops $5 per gallon, AAA says By Associated Press Auto club AAA said the average price on Saturday was $5.00. Motorists in some parts of the country, especially California, are paying far above that. Continue reading
Jun 10 Watch 5:01 Inflation rises faster than expected, pinching pocketbooks and spooking the markets New inflation numbers out Friday show the nation's economic pain has not peaked, and is still getting worse. The U.S. Labor Department reports consumer prices rose 8.6 percent in May from a year ago, marking the biggest increase in more… Continue watching
Jun 10 Watch 2:21 News Wrap: White House lifts COVID requirement for overseas travelers entering the U.S. By PBS NewsHour In our news wrap Friday, the Biden administration says overseas travelers to the U.S. will no longer have to test negative for COVID-19 within a day before they fly after the CDC determined the requirement is no longer necessary, the… Continue watching
Jun 10 Stocks tumble after inflation worsens, raising rate fears By Stan Choe, Damian J. Troise, Associated Press Stocks fell sharply on Friday following Wall Street's cold realization that inflation got worse last month, not better, as investors had been hoping. Continue reading
Jun 10 Inflation, pandemic has small businesses on edge this summer By Mae Anderson, Associated Press Consumers likely have a lot of pent-up demand after more than two years of the pandemic. But they’re also facing some significant financial headwinds because of the highest inflation in decades. And COVID-19 remains a looming presence. Continue reading
Jun 10 WATCH: Biden vows to battle inflation as prices continue climbing By Chris Megerian, Josh Boak, Associated Press In President Joe Biden's estimation, the U.S. is in a strong position to overcome the worst inflation in more than 40 years. But so far, inflation just keeps getting the better of the U.S. economy and of the Biden administration. Continue reading
Jun 10 Cost of necessities rose in May, leaving U.S. with new 40-year high in inflation By Christopher Rugaber, Associated Press The costs of gas, food and other necessities jumped in May, raising inflation to a new four-decade high and giving American households no respite from rising costs. Continue reading
Jun 09 Watch 4:20 News Wrap: Michigan police officer charged with murder for killing Black man In our news wrap Thursday, a Grand Rapids, Michigan, policeman faces trial for second-degree murder for killing a Black man during a traffic stop, a GOP candidate for Michigan governor was arrested for his role in the Jan. 6 Capitol… Continue watching
Jun 09 Average gas prices close in on $5 a gallon in the U.S. By David Koenig, Associated Press Pump prices have been rising steadily for months, as global oil prices rise and demand for gas increases. Prices range from an average $6.40 a gallon in California to $4.41 in Georgia. Continue reading