- 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 hikes rates by half percentage point, starts balance sheet reduction June 1
The Federal Reserve on Wednesday raised its benchmark overnight interest rate by half a percentage point, the biggest jump in 22 years, and said it would begin trimming its bond holdings next month as a further step in the battle to lower inflation.
- Healthcare & PharmaceuticalsExplainer: Can pill prescriptions overcome U.S. state abortion bans?, article with gallery
If the U.S. Supreme Court reverses its landmark 1973 Roe v. Wade decision guaranteeing abortion rights nationwide, demand for abortion pills, which can be prescribed through online telemedicine visits, will likely rise. Conservative states have already rushed to restrict the practice, and if Roe falls, they will be able to ban it altogether, experts say.
- 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.
Abortion debate in the United States
Talking Points
- 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