Ukrainian forces reported battlefield gains on Wednesday in a counterattack that could signal a shift in the momentum of the war, while Kyiv shut gas flows on a route through Russian-held territory, raising the spectre of an energy crisis in Europe.
- United StatesU.S. inflation simmers, worst of price gains likely behind
U.S. consumer price growth slowed sharply in April as gasoline eased off record highs, suggesting inflation has probably peaked, though it is likely to stay hot for a while and keep the Federal Reserve's foot on the brakes to cool demand.
- BusinessS&P 500, Dow up after inflation data, Nasdaq falls on rate hike worries, article with image
The S&P 500 and the Dow rose in choppy trading on Wednesday as banks and energy shares gained, while the tech-heavy Nasdaq came under pressure after inflation data cemented expectations of aggressive interest rate hikes.
- United StatesBurial sites found at 53 Indian boarding schools: Interior Dept
An Interior Department investigation into the dark history of Indian boarding schools has found "marked or unmarked burial sites" at some 53 schools, Secretary Deb Haaland said on Wednesday.
Behind the News
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The distance hurdleHow distance to the nearest abortion clinic changes for millions of women without Roe v. Wade
Talking Points
- Healthcare & PharmaceuticalsPfizer's $11.6 bln Biohaven buy could spark more biotech deals, article with gallery
See the award-winning coverage of COVID in India by Adnan Abidi, Sanna Irshad Mattoo, Amit Dave and the late Danish Siddiqui.
