- EuropeEU aims for Russian oil ban as Ukraine says battlefield assault intensifies, article with video
The European Union proposed its toughest sanctions yet against Russia on Wednesday, including a phased oil embargo, as Kyiv said Moscow was intensifying an offensive in eastern Ukraine and close Russian ally Belarus announced large-scale army drills.
- Macro MattersFed expected to ramp up its inflation fight with big rate hike
The Federal Reserve on Wednesday is expected to raise interest rates by half of a percentage point and announce the start of reductions to its $9 trillion balance sheet as U.S. central bankers intensify efforts to bring down high inflation.
- BusinessTech stocks drag Wall Street lower ahead of Fed decision, article with image
Wall Street's main indexes fell on Wednesday as a rise in U.S. Treasury yields hit growth stocks ahead of a widely expected interest-rate hike that could be the biggest since 2000.
- Autos & TransportationUber to Wall Street: We're not Lyft, article with image
- AmericasCOVID Americas cases up, N. American cases up for 5th week -PAHO
COVID-19 cases in the Americas increased by 12.7% last week from the prior week, the Pan American Health Organization (PAHO) said on Wednesday, as infections continued to rise in Central and North America.
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- Healthcare & PharmaceuticalsModerna sees higher COVID vaccine sales later this year, article with image
- Aerospace & DefenseAirbus sets record output goal for best-selling jets, article with image
- Autos & TransportationVolkswagen sticks to outlook as size offset supply chain woes, article with video