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SEC proposes new rules for companies to monitor climate risks

By Marcy Gordon, Associated Press

Under the proposals, public companies would have to report on their climate risks, including the costs of moving away from fossil fuels.

Powell says the Federal Reserve will hike further and faster if necessary

By Christopher Rugaber, Associated Press

His remarks caused a sharp drop in the stock market with its implication that potentially much higher rates could be on the way for mortgages, auto loans, credit cards and other consumer and business borrowing.

Saudi Arabia says it ‘won’t bear any responsibility’ for high oil prices

By Isabel Debre, Associated Press

The unusually stark warning marked a departure from the giant oil producer's typically cautious statements, as Saudi officials remain aware that even their smallest comments can swing the price of oil and rattle global markets.

U.N. food agency official alarmed by Afghanistan food, fuel prices

By Kathy Gannon, Associated Press

Afghanistan has been sinking deeper into poverty and economic crisis since the Taliban takeover and as many as 95 percent of the country's 38 million people don't have enough to eat or money to buy the food.

Drought-stricken California imposes new round of water cuts

By Kathleen Ronayne, Associated Press

State water officials said Friday they'll only give 5 percent of requested water supplies to contractors of the State Water Project, which provides water for 27 million people and a swath of farmland.

Rising rents squeeze Americans across the country

By Cresencio Rodriguez-Delgado, Roby Chavez, Gabrielle Hays, Talesha Reynolds, Karina Cuevas

We've talked about inflation a lot lately and how it's at a 40-year high. But rising rents are a part of that calculation. In many places around the country, rents have been climbing for months, far above the lows of…

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Biden to speak with Chinese President Xi to discuss Russia, economic issues

By Associated Press

President Joe Biden will speak Friday with Chinese President Xi Jinping to discuss ongoing economic competition between the two countries and Russia's war against Ukraine.

Tech leaders could face prison if they don’t follow UK’s planned online safety rules

By Kelvin Chan, Associated Press

The ambitious but controversial bill gives regulators wide-ranging powers to crack down on digital and social media companies. Lawmakers still need to vote to approve the bill before it becomes law.

American jobless claims fall amid strong job rebound

By Matt Ott, Associated Press

Fewer Americans applied for unemployment benefits last week, as layoffs continue to decline amid a strong job market rebound.

Chris Cuomo wants $125 million after ‘unlawful’ CNN firing

By David Bauder, Associated Press

Former CNN chief Jeff Zucker fired Cuomo in December, saying he hadn't been aware of the extent the anchor had helped his brother, former New York Gov. Andrew Cuomo, fight sexual harassment allegations.