Jun 19 Watch 3:32 News Wrap: Ethnic mass killing in Ethiopia claims more than 200 lives In our news wrap Sunday, an ethnic mass killing in Ethiopia has claimed the lives of more than 200 Amhara people, Treasury Secretary Janet Yellen expects an economic slowdown but not necessarily a recession, voters in Colombia head to the… Continue watching
Jun 19 Yellen says economy will slow but a recession is not 'inevitable' By Aamer Madhani, Associated Press Yellen offered a dose of optimism even as economists grow increasingly worried about a recession fueled by skyrocketing inflation and the Russian invasion of Ukraine. Continue reading
Jun 18 Bitcoin falls below $20,000 as crypto selloff picks up By Associated Press Bitcoin, the most popular cryptocurrency, fell below the psychologically important threshold, dropping as much as 9% to less than $19,000, according to CoinDesk. Continue reading
Jun 17 Watch 4:11 News Wrap: FDA authorizes first COVID-19 vaccines for children under age 5 In our news wrap Friday, the Food and Drug Administration authorized the first COVID-19 vaccines for children under age 5, the Federal Reserve doubled down on its pledge to curb soaring inflation, former Trump adviser Peter Navarro pleaded not guilty… Continue watching
Jun 17 Heat stress blamed for thousands of cattle deaths in Kansas By Roxana Hegeman, Associated Press The final toll remains unclear, but as of Thursday at least 2,000 heat-related deaths had been reported to the Kansas Department of Health and Environment, the state agency that assists in disposing of carcasses. Continue reading
Jun 17 WATCH: President Biden hosts climate meeting amid rising gas prices By Seth Borenstein, Chris Megerian, Associated Press With both soaring energy prices and a warming planet weighing on world at the Major Economies Forum on Energy and Climate, Biden on Friday talked about trying to ease the pain of high gas prices while pushing more long-term green… Continue reading
Jun 16 WATCH: Biden signs new shipping law he says will cut consumer costs By Will Weissert, Associated Press WASHINGTON (AP) — President Joe Biden signed legislation Thursday meant to make shipping goods across oceans cheaper — a move the White House says will help lower retailer costs that have remained high since the start of the coronavirus pandemic… Continue reading
Jun 16 President Biden says a recession is 'not inevitable' By Josh Boak, Associated Press President Joe Biden says the American people are "really, really down" after a tumultuous two years with the coronavirus pandemic, volatility in the economy and now surging gasoline prices that are hitting family budgets. Continue reading
Jun 16 Simultaneous shortages of formula, tampons and child care hit parents hard By Chabeli Carrazana, The 19th "For women and children, there is not enough support."… Continue reading
Jun 16 Analysis: What the Fed's largest interest rate hike in decades means for you By D. Brian Blank, The Conversation The Fed raised interest rates the most in nearly three decades to fight stubborn inflation. A finance expert explains what’s happening, the risks and what it means for consumers. Continue reading