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Friday September 30th, 2022 12:10PM

AP Business - Economy

US hits Russia with sanctions for annexing Ukrainian regions
The U.S. has sanctioned more than 1,000 people and firms connected to Russia’s invasion of Ukraine, including its Central Bank governor and families of Security Council members
11:45AM ( 24 minutes ago )
US outlines plan for long-term baby formula imports
U.S. regulators have revealed their plan to allow foreign baby formula manufactures to stay on the market long term
11:37AM ( 33 minutes ago )
EU adopts levy on excess energy profits, no gas price cap
European Union energy ministers have adopted a package of measures to ease an energy crisis, including a levy on windfall profits of fossil fuel companies
11:33AM ( 36 minutes ago )
Live Updates: Russia-Ukraine War
The U.S. is sanctioning more than 1,000 people and firms connected to Russia’s invasion of Ukraine, including its Central Bank governor and families of Security Council members
11:31AM ( 38 minutes ago )
Brainard warns US rates to stay high, notes global impact
Federal Reserve Vice Chair Lael Brainard said Friday that U.S. interest rates will likely have to remain high for an extended period to combat inflation, capping a week of tough rhetoric by Fed officials
11:13AM ( 56 minutes ago )
UK's budget watchdog promises initial analysis next week
Britain’s independent budget watchdog says it would deliver an initial analysis of the government’s economic plan to Treasury officials on Oct. 7
10:25AM ( 1 hour ago )
Wall Street drifts at close of dismal week, month, quarter
Wall Street is drifting around its lowest levels in almost two years as the end nears for what's been a miserable month for markets around the world
10:17AM ( 1 hour ago )
Wall Street opens lower, heading for another month of losses
Stocks are opening lower on Wall Street again, on pace to close out another losing month
9:51AM ( 2 hours ago )
Resilient US consumers spend slightly more in August
Consumers spent a bit more in August than the previous month, a sign the economy is holding up even as inflation lifts prices for food, rent, and other essentials
9:27AM ( 2 hours ago )
EXPLAINER: A deep dive into risks for undersea cables, pipes
Deep under water, the pipes and cables that carry the modern world’s lifeblood — energy and information — are out of sight and largely out of mind
8:38AM ( 3 hours ago )