Mar 16 Disney workers plan walkout to protest Florida’s ‘Don’t Say Gay’ bill By Mike Schneider, Associated Press Disney workers are planning walkouts during their breaks every day this week to protest CEO Bob Chapek's slow response in publicly criticizing Florida's so-called Don't Say Gay legislation. Continue reading
Mar 16 Watch 5:26 Federal Reserve raises interest rates in effort to tame inflation By John Yang, Courtney Norris In addition to Wednesday's hike in a key interest rate, the Federal Reserve also signaled it expects to continue to raise rates through the year. Nick Timiraos, chief economics correspondent for The Wall Street Journal and author of a new… Continue watching
Mar 16 How will higher interest rates affect American finances? By Christopher Rugaber, Associated Press Americans who have long enjoyed the benefits of historically low interest rates will have to adapt to a very different environment as the Federal Reserve embarks on a period of rate hikes to fight inflation. Continue reading
Mar 16 U.N. raises $1.3 billion for Yemen, less than a third requested, in effort shadowed by Ukraine war By Samy Magdy, Associated Press The U.N. had set out to raise $4.27 billion, but ended up on Wednesday with less than a third of that for the world's worst humanitarian disaster and the Arab world's poorest country. Continue reading
Mar 16 WATCH: Federal Reserve chair Powell gives update on federal interest rate policy By Christopher Rugaber, Associated Press The Federal Reserve launched a high-risk effort Wednesday to tame the worst inflation since the 1970s, raising its benchmark short-term interest rate and signaling potentially up to seven rate hikes this year. Continue reading
Mar 16 Does sharing salaries in job postings help address the gender pay gap? By Chabeli Carrazana, The 19th March 15 was Equal Pay Day, the first in a series of reminders of how persistent the pay gap has been. More states and cities hope laws requiring employers to share pay minimums and maximums on job postings will shrink… Continue reading
Mar 16 Burning through gas money? Here are some ways to help you save on fuel By Tom Krisher, Associated Press Fueled largely by Russia’s invasion of Ukraine, gas prices worldwide have skyrocketed. Continue reading
Mar 16 WATCH: Why are gas prices so high and how long could they stay this way? By Nicole Ellis, Casey Kuhn The average prices of retail gasoline has risen 25 percent in the past two months and nearly 70 percent since President Joe Biden came into office. But what's to blame for skyrocketing gas prices? The COVID pandemic, inflation, the Russian… Continue reading
Mar 15 Federal Reserve pick Sarah Bloom Raskin withdraws nomination amid opposition By Zeke Miller, Christopher Rugaber, Associated Press Republicans argued that Raskin would use the Fed's regulatory authority to discourage banks from lending to oil and gas companies. Continue reading
Mar 15 Senate unanimously approves bill to make daylight saving time permanent By Farnoush Amiri, Associated Press The bipartisan bill approved Tuesday would ensure Americans would no longer have to change their clocks twice a year. But the bill still needs to pass the House and win the signature of President Joe Biden to become law. Continue reading