Fed signals bond-buying taper coming 'soon,' rate hike shifts to 2022Finance · 7:05 PM UTC
The Federal Reserve on Wednesday cleared the way to reduce its monthly bond purchases "soon" and signaled interest rate increases may follow more quickly than expected, with nine of 18 U.S. central bank policymakers projecting borrowing costs will need to rise in 2022.
Special Report: Backers of Trump's false fraud claims seek to control next elections
After fence-mending Biden-Macron call, French envoy to return to U.S.
Some Haitians at U.S. border released, others deported as pressure builds on Biden
Ukraine left puzzled after assassination attempt on president's top aide
Explainer: Why record high British natgas prices caused a crisis over CO2 supplies
Evergrande domestic debt deal calms immediate contagion concern
'All we can do is cry' - La Palma volcano leaves trail of devastation
Lava flowed from an erupting volcano on the Spanish island of La Palma for a fourth day on Wednesday, forcing more people to evacuate their homes and blanketing towns in ash, while residents struggled to come to terms with the destruction.
Soaring gas prices ripple through heavy industry, supply chains
Global record high natural gas prices are pushing some energy-intensive companies to curtail production in a trend that is adding to disruptions to global supply chains in some sectors such as food and could result in higher costs being passed on to their customers.