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Around the world, people are feeling the push and pull of inflation
Argentines are partying hard in Buenos Aires' bustling bars, despite inflation. Across the pond, German companies are switching gears in response to high gas prices, as Russia shuts off its supply.
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•
5:19
Del Mar train tracks may find a more solid footing inland
A crumbling seaside cliff has become a money pit for local officials trying to protect the train tracks that connect San Diego and Los Angeles.
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•
4:28
Millions of Ukrainians have escaped the war. Many still can't find enough work
Sixty percent of Ukrainians who fled their homes for other parts of the country have lost their jobs, as Russia's invasion has upended industries and destroyed businesses.
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•
5:13
In the Taliban's Afghanistan, the near-broke central bank somehow still functions
A recent visit to Afghanistan showed a country facing an economic crisis. The banking system has seized up. Credit cards aren't working. Afghans abroad struggle to send money to relatives back home.
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•
6:58
Xi Jinping begins third 5-year term, elevates several allies along with him
President Xi Jinping was appointed to a third 5-year term at the Communist Party Congress. He also elevated several allies to leadership positions.
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•
3:54
The Fed raises interest rates by only a quarter point after inflation drops
The Federal Reserve raised interest rates by a quarter percentage point as part of its ongoing effort to fight inflation. Price hikes have begun to ease, but the Fed says inflation is not yet tamed.
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•
3:39
Europe bans Russian oil products, the latest strike on the Kremlin war chest
The EU is now barring imports of Russian diesel and other products from Russian refineries used throughout Europe.
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•
3:52
Why the Rhythm and Blues Hall of Fame is headed to this small Mississippi Delta town
Marks, Mississippi, is where Martin Luther King Jr. chose in 1968 as the starting point for his Poor People's Campaign, which demanded economic justice for poor Americans of all backgrounds.
The Fed already had a tough inflation fight. Now, it must deal with banks collapsing
Consumer prices in February were 6% higher than a year ago, as inflation continues to ease. The data comes just days after the collapse of two regional lenders is roiling the banking system.
ERs staffed by private equity firms aim to cut costs by hiring fewer doctors
Increasingly, private equity firms shape staffing decisions at hospital emergency rooms, research shows. One apparent effect: Hiring fewer doctors and more health care practitioners who earn far less.
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•
4:23
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