Economy

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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.

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.

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…

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.

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…

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.

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.

MLB players approve contract, salvaging 162-game season

By Ronald Blum, Associated Press

Players have voted to accept Major League Baseball's latest offer for a new labor deal, paving the way to end a 99-day lockout and salvage a 162-game regular season that will begin April 7.