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In Russia, economic consequences of invasion begin to emerge

By Associated Press

Videos from Russia showed long lines of Russians trying to withdraw cash from ATMs, while the Russian Central Bank issued a statement calling for calm, in an effort to avoid bank runs.

Treasury: Most COVID rental aid went to low-income residents

By Michael Casey, Fatima Hussein, Associated Press

The U.S. Treasury Department has concluded that more than 80% of the billions of dollars in federal rental assistance during the pandemic went to low-income tenants.

Key inflation gauge hit 6.1 percent in January, highest since 1982

By Christopher Rugaber, Associated Press

An inflation gauge that is closely monitored by the Federal Reserve jumped 6.1 percent in January compared with a year ago, the latest evidence that Americans are enduring sharp price increases that will likely worsen after Russia's invasion of Ukraine.

What steps the U.S. has taken against Russia for the invasion of Ukraine

By Ellen Knickmeyer, Associated Press

The U.S. sanctions and penalties announced so far appear to spare Putin himself from sanctions, and forgo an option long-cited as one of the toughest possible — banning Russia from the SWIFT financial system that moves money around the world.

UK's Johnson orders asset freeze for all Russian banks

By Associated Press

Britain will also ban the export of a wide range of high-tech products, including semiconductors, to Russia and bar the nation’s flagship airline, Aeroflot, from landing at U.K. airports.

Putin warns that the West shouldn't 'push' Russia out of the global economy

By Associated Press

Speaking at a Kremlin meeting with businesspeople Thursday, President Vladimir Putin said “Russia remains part of the global economy and isn’t going to hurt the system that it is part of as long as it remains there.”…

Here's how Russia's invasion of Ukraine could worsen everyday costs in the U.S.

By William Hauk, The Conversation

Americans may be tempted to view the war in Ukraine as an unfortunate, but far away, crisis. But how much worse inflation could get will depend in part on how far Putin goes, and the severity of sanctions.

Russian attack on Ukraine rocks global markets and oil soars

By Associated Press

Market benchmarks in Europe and Asia fell as much as 5% as traders tried to figure out how large Putin's incursion would be and the scale of Western retaliation.

U.S. regulators open probe into unexpected automatic braking on some Hondas

By Tom Krisher, Associated Press

The National Highway Traffic Safety Administration says it has 278 complaints that the problem can happen in 2017 through 2019 CR-V SUVs and 2018 and 2019 Accord sedans.