Economy Mar 31 Watch 4:50 Biden taps U.S. oil reserves to counter rising gas prices President Biden announced a historic effort to lower gas prices that have skyrocketed since Russia invaded Ukraine. He said the administration would release 180 million barrels of oil from the Strategic Petroleum Reserve over the next six months. At one…
World Mar 31 Watch 6:02 How tough sanctions against Russia could permanently reshape the global economy The rise of oil prices since Russia invaded Ukraine five weeks ago is one key part of the larger economic fallout from the war and from the tough sanctions the U.S. and many other countries have imposed on Russia in… By Paul Solman, Diane Lincoln Estes
World Mar 29 Poland blocks coal imports in an effort to reduce Russian energy dependency Tuesday’s move is part of a larger strategy to reduce energy dependence on Russia which gained new urgency after the invasion of Ukraine. By Vanessa Gera, Associated Press
World Mar 23 Biden seeks new sanctions, help for Ukrainians in Europe President Joe Biden's trip to Europe comes at a critical moment for the war in Ukraine, which could become a bloody stalemate as Russia pummels cities with airstrikes and artillery. By Chris Megerian, Aamer Madhani, Associated Press
Mar 18 Watch 8:22 How Western sanctions are affecting the lives of Russians By Ryan Chilcote The sanctions leveled against Russia by the U.S. and its allies are the harshest ever handed down, and their effects are being felt widely in Russia. Special correspondent Ryan Chilcote reports from Moscow on how the lives of Russians are… Continue watching
Mar 11 Watch 4:13 How Russia views the situation in Ukraine and the price exacted by Western sanctions By Ryan Chilcote President Biden and other leaders of the so-called G-7 on Friday revoked Russia's "most favored nation" trade status, which will allow for large tariffs on Russian exports. This as Russia further cracked down on access to social media in the… Continue watching
Mar 07 U.S. gas prices spike as calls to ban Russian oil continue By David Koenig, Associated Press Gasoline prices are pushing even farther above $4 a gallon, the highest price that American motorists have faced since July 2008, as calls grow to ban imports of Russian oil. Continue reading
Mar 04 Watch 5:48 Strong jobs report signals more Americans returning to labor market as coronavirus wanes By Geoff Bennett, Karina Cuevas The latest jobs reports shows U.S. job growth surged in February as the omicron wave of COVID-19 began fading. The Labor Department reports employers added a net of 678,000 jobs, the most since July. Jared Bernstein, who serves on the… Continue watching
Mar 03 Watch 7:36 How the U.S. is targeting the financial resources of Russian oligarchs By Geoff Bennett, Saher Khan Over the past week, the U.S. and scores of other nations have cut Russia off from much of the global economy in retaliation for its invasion of Ukraine. Now, investigators are planning strikes on Russian finances hidden here in the… Continue watching