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Nation and World

Hike again? Take a pause? Fed officials are split about what to do next to fight inflation

By CHRISTOPHER RUGABER AP Economics Writer
May 18, 2023 1:00 am - WASHINGTON - The stubbornness of high inflation is dividing the Federal Reserve over how to manage interest rates in the coming months, leaving the outlook for the Fed's...
Looking for a house? High mortgages, few homes lead to biggest annual price drop in 11 years

By ALEX VEIGA AP Business Writer
May 18, 2023 1:00 am - LOS ANGELES - A persistently low inventory of homes on the market held back U.S. home sales again in April, even as the national median sale price posted its biggest ann...
Deutsche Bank to pay $75 million to settle lawsuit from Epstein victims, lawyers say

By COURTNEY BONNELL Associated Press
May 18, 2023 1:00 am - LONDON - Deutsche Bank has agreed to pay $75 million to settle a lawsuit claiming that the German lender should have seen evidence of sex trafficking by Jeffrey Epstein ...
Prince Harry and Meghan's run from paparazzi is another episode in battle royale with the media

By DANICA KIRKA, BRIAN MELLEY and SYLVIA HUI Associated Press
May 18, 2023 1:00 am - LONDON - The latest chapter in the drama surrounding Prince Harry and Meghan's treatment by the tabloid media was much ado about something. But exactly what happened Tue...
Austrian president, government at odds over offering Ukraine demining help

May 18, 2023 1:00 am - BERLIN - The president and government of Austria are at odds over whether the country should offer Ukraine help with civilian demining, with the defense minister and a m...
Sam Zell, billionaire Chicago real estate investor, dies

By The Associated Press
May 18, 2023 1:00 am - Sam Zell, a Chicago real estate magnate who earned a multibillion-dollar fortune and a reputation as "the grave dancer" for his ability to revive moribund properties die...
Crews work to reach Italian towns isolated by floods as cleanup begins

By LUCA BRUNO Associated Press
May 18, 2023 1:00 am - FAENZA, Italy - Rescue crews worked Thursday to reach towns and villages in northern Italy that were cut off from highways, electricity and cellphone service following h...
Fewer Americans apply for jobless benefits, labor market still showing strength

By MATT OTT AP Business Writer
May 18, 2023 1:00 am - Fewer Americans applied for jobless benefits last week following a previous spike that many analysts took as a sign that higher interest rates were finally cooling the l...
Hong Kong leader defends removing politically sensitive books from public libraries

By KANIS LEUNG Associated Press
May 18, 2023 1:00 am - HONG KONG - Hong Kong's leader said Thursday the city's public libraries would not recommend books featuring "bad ideologies" to residents after they pulled titles relat...
Russia agrees to extend Ukraine grain deal in a boost for global food security

By SUZAN FRASER, JAMEY KEATEN and COURTNEY BONNELL Associated Press
May 17, 2023 1:00 am - ANKARA, Turkey - Russia agreed to extend a deal that has allowed Ukraine to ship grain through the Black Sea to parts of the world struggling with hunger, Turkish Presid...

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