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Powell expects a quarter-point Fed rate hike this month

By CHRISTOPHER RUGABER
Mar 02, 2022 6:00 am - WASHINGTON (AP) - Chair Jerome Powell said Wednesday that he supports a traditional quarter-point increase in the Federal Reserve's benchmark short-term interest rate wh...
EXPLAINER: California farmers hit again with water cuts

By SUMAN NAISHADHAM
Mar 02, 2022 6:00 am - WASHINGTON (AP) - Farmers in central California will be getting little to no water again from a key water system amid a persisting drought, but exactly how they're affec...
UN countries to create treaty to fight plastic pollution

By WANJOHI KABUKURU
Mar 02, 2022 6:00 am - NAIROBI, Kenya (AP) - United Nations countries have agreed to create a legally binding global treaty to address plastic pollution in the world's oceans, rivers and lands...
Oil prices surge $7 per barrel despite release of supplies

The Associated Press
Mar 02, 2022 6:00 am - BEIJING (AP) - Oil prices surged another $7 per barrel on Wednesday after an agreement by the United States and other major governments to release supplies from strategi...
Closing prices for crude oil, gold and other commodities

The Associated Press
Mar 02, 2022 6:00 am - Benchmark U.S. crude oil for April delivery rose $7.19 to $110.60 a barrel Wednesday. Brent crude for May delivery rose $7.96 to $112.93 a barrel. Wholesale gasoline for...
Grains mostly lower, livestock mixed

The Associated Press
Mar 02, 2022 6:00 am - Wheat for Mar. advanced 56.75 cents at $10.5850 a bushel; Mar. corn was off .75 cent at 7.39 a bushel, Mar. oats fell 15 cents at $7.16 a bushel; while Mar. soybeans los...
Ford's fork in the road: EV, internal combustion are split

By MICHELLE CHAPMAN
Mar 02, 2022 6:00 am - Ford will split its electric vehicle and internal combustion operations into two individual businesses to accelerate its adaptation of new technology and the Detroit aut...
Grains mostly lower, livestock mixed

The Associated Press
Mar 02, 2022 6:00 am - Wheat for Mar. advanced 56.75 cents at $10.5850 a bushel; Mar. corn was off .75 cent at 7.39 a bushel, Mar. oats fell 15 cents at $7.16 a bushel; while Mar. soybeans los...
OPEC holds oil output steady amid high prices, Russian war

By CATHY BUSSEWITZ
Mar 02, 2022 6:00 am - NEW YORK (AP) - The leaders of OPEC and its oil-producing allies are sticking with their plan to gradually increase oil production while Russia's invasion of Ukraine rat...
Economic dangers from Russia's invasion ripple across globe

By PAUL WISEMAN and DAVID McHUGH
Mar 02, 2022 6:00 am - WASHINGTON (AP) - Moscow's war on Ukraine and the ferocious financial backlash it's unleashed are not only inflicting an economic catastrophe on President Vladimir Putin...

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