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Inflation

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WASHINGTON (AP) — If President Joe Biden's $2 trillion social and environment package was a Broadway show, its seven months on Congress' stage could qualify it as a hit. But lawmaking isn't show business, and many Democrats worry that with the curtain falling soon on 2021, time is not their friend.

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WASHINGTON (AP) — If President Joe Biden's $2 trillion social and environment package was a Broadway show, its seven months on Congress' stage could qualify it as a hit. But lawmaking isn't show business, and many Democrats worry that with the curtain falling soon on 2021, time is not their friend.

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WASHINGTON (AP) — America's unemployment rate tumbled last month to its lowest point since the pandemic struck, even as employers appeared to slow their hiring — a mixed picture that pointed to a resilient economy that's putting more people to work.

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ANKARA, Turkey (AP) — Turkey’s beleaguered currency has been plunging to all-time lows against the U.S. dollar and the euro in recent months as President Recep Tayyip Erdogan presses ahead with a widely criticized effort to cut interest rates despite surging consumer prices.

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WARSAW, Poland (AP) — Poland said Tuesday that consumer prices have risen 7.7% over the past year, evidence that inflation is accelerating even faster than had been expected in the largest central European economy in the European Union.

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BUDAPEST, Hungary (AP) — From appliance stores in the United States to food markets in Hungary and gas stations in Poland, rising consumer prices fueled by high energy costs and supply chain disruptions are putting a pinch on households and businesses worldwide.

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NEW YORK (AP) — Stocks sank Friday, with the Dow Jones Industrial Average briefly falling more than 1,000 points, as a new coronavirus variant first detected in South Africa appeared to be spreading across the globe. Investors were uncertain whether the variant could potentially reverse months of progress at getting the COVID-19 pandemic under control.

MADRID (AP) — Trade unions representing metalworkers in the southern Spanish province of Cadiz called off a nine-day strike and workers began returning to their jobs Thursday after reaching a pay agreement with employers covering the next three years.

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