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Powell: Fed to keep hiking rates until it controls inflation Powell: Fed to keep hiking rates until it controls inflation 05/17/2022 04:43pm • WASHINGTON (AP) â Chair Jerome Powell on Tuesday underscored the Federal Reserve's determination to keep raising interest rates until there is clear evidence inflation is steadily falling â a high-stakes effort that carries the risk of causing an eventual recession. The Fed's increases in its b Editorial Roundup: United States 05/17/2022 03:40pm • Excerpts from recent editorials in the United States and abroad: May 15 The Washington Post says that, with midterms coming up, Democrats must act now to have a big impact on financial regulation President Biden likes to tout his role as âœSheriff Joeâ in the Obama administration, where he helped Censure vote vs. Sri Lankan leader fails as crisis simmers Censure vote vs. Sri Lankan leader fails as crisis simmers 05/17/2022 09:39am • COLOMBO, Sri Lanka (AP) â Sri Lanka's governing party on Tuesday defeated a move in Parliament to urgently debate a motion that would censure President Gotabaya Rajapaksa for the nation's worst economic crisis, which the prime minister said has left only enough gasoline for one day. It was uncle Dempsey: Steffen, Turner should consider loans next season Dempsey: Steffen, Turner should consider loans next season 05/16/2022 05:52pm • NEW YORK (AP) â Clint Demspey says he thinks American goalkeepers Zack Steffen and Matt Turner should consider going on loans for the start of next season to get sharp ahead of the World Cup if they are not going to be playing regularly for their Premier League clubs. Turner is leaving Major Leagu Once a powerful symbol in Russia, McDonald's withdraws Once a powerful symbol in Russia, McDonald's withdraws 05/16/2022 04:52pm • Two months after the Berlin Wall fell, another powerful symbol opened its doors in the middle of Moscow: a gleaming new McDonaldâs. It was the first American fast-food restaurant to enter the Soviet Union, reflecting the new political openness of the era. For Vlad Vexler, who as a 9-year-old waite JetBlue, Vulcan Materials fall; Carvana, ManTech rise 05/16/2022 04:11pm • NEW YORK (AP) â Stocks that traded heavily or had substantial price changes Monday: ManTech International Corp., up $12.32 to $94.29. Investment firm Carlyle Group is buying the defense contractor in an all-cash deal valued at $4.2 billion. JetBlue Airways Corp., down 61 cents to $9.45. The airli Supreme Court rules for Sen. Cruz in campaign finance case Supreme Court rules for Sen. Cruz in campaign finance case 05/16/2022 03:05pm • WASHINGTON (AP) â The Supreme Court's conservative majority sided Monday with Republican Sen. Ted Cruz of Texas and struck down a provision of federal campaign finance law, a ruling that a dissenting justice said runs the risk of causing âœfurther disreputeâ to American politics. The court, by British govt yet to OK Chelsea sale by sanctioned Abramovich British govt yet to OK Chelsea sale by sanctioned Abramovich 05/16/2022 01:08pm • The British government has yet to approve the sale of Premier League club Chelsea to a consortium fronted by Los Angeles Dodgers part-owner Todd Boehly. Outgoing Russian owner Roman Abramovich is not allowed to profit from the proceeds of the sale since he was sanctioned and his assets were frozen Obama, Airbnb's Brian Chesky launch $100M in scholarships Obama, Airbnb's Brian Chesky launch $100M in scholarships 05/16/2022 01:05pm • NEW YORK (AP) â The co-founder and CEO of Airbnb, Brian Chesky, has donated $100 million to the Obama Foundation to fund scholarships for students pursuing careers in public service and includes multiple stipends for travel. The Voyager Scholarship will grant $50,000 to rising juniors to cover Sri Lanka proposes privatizing national airline amid crisis Sri Lanka proposes privatizing national airline amid crisis 05/16/2022 11:51am • COLOMBO, Sri Lanka (AP) â Sri Lankaâs new prime minister on Monday proposed privatizing the countryâs loss-making national airline as part of reforms aimed at solving the country worst economic crisis in decades. Prime Minister Ranil Wickremesinghe said in a message to the people that he plans PSG star Mbappe wins league's best player award for 3rd time PSG star Mbappe wins league's best player award for 3rd time 05/15/2022 05:22pm • PARIS (AP) â Paris Saint-Germain striker Kylian Mbappe won the French league's best player award for the third time in his career on Sunday, then diplomatically swerved a question about his future. Mbappe is out of contract at PSG next month and touted to join Karim Benzema at Real Madrid in what Rajapaksa swears in 4 Cabinet members amid Sri Lanka crisis Rajapaksa swears in 4 Cabinet members amid Sri Lanka crisis 05/14/2022 10:30am • COLOMBO, Sri Lanka (AP) â Sri Lanka's president swore in four new Cabinet ministers Saturday in an effort to ensure stability until a full cabinet is formed in the island nation engulfed in a political and economic crisis. The appointment of four ministers came two days after President Gotabaya Ra 'Chrisley Knows Best' stars to stand trial in Atlanta 'Chrisley Knows Best' stars to stand trial in Atlanta 05/14/2022 10:28am • ATLANTA (AP) â A federal trial for reality television stars Todd and Julie Chrisley on charges including bank fraud and tax evasion is set to start Monday in Atlanta. The trial is getting underway just days after E! announced that it is moving forward with a new dating series, âœLove Limo,â hos Ex-convict admits fraud, bogus tax returns for pro athletes Ex-convict admits fraud, bogus tax returns for pro athletes 05/13/2022 08:28pm • ALEXANDRIA, Va. (AP) â An ex-convict from California has pleaded guilty to fraud schemes totaling more than $25 million that included exaggerated tax returns for professional athletes and exploiting federal pandemic relief programs. Quin Ngoc Rudin, 45, of Chino, California, pleaded guilty to wire California governor: $98B surplus backs true pro-life state California governor: $98B surplus backs true pro-life state 05/13/2022 07:28pm • SACRAMENTO, Calif. (AP) â California Gov. Gavin Newsom on Friday pledged to use the state's record-breaking $300 billion budget, including an unprecedented nearly $100 billion surplus, to âœfuture proofâ the state from the impacts of a volatile midterm election cycle that he fears will undermin
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