Archives for September 2022

Global shares were mixed Monday while the British pound declined to an all-time low against the U.S. dollar on concerns over planned tax cuts. … [Read more...] about World shares mixed; British pound slides on tax cut concerns

Forecasters say Tropical Storm Ian has strengthened into a hurricane as it moves closer to Cuba on a track expected to take it to Florida in the coming days. … [Read more...] about Ian strengthens into a hurricane, heads toward Cuba, Florida

The British pound fell to all-time low against the U.S. dollar early Monday after Treasury chief Kwasi Kwarteng pledged a sweeping package of tax cuts, fueling concerns about the government's economic policy as the United Kingdom creeps toward recession. … [Read more...] about British pound plunges to new low as tax cuts spark concern

As Europe heads into winter in the throes of an energy crisis, offices are getting chillier. Statues and historic buildings are going dark. Bakers who can't afford to heat their ovens are talking about giving up, while fruit and vegetable growers face letting greenhouses stand idle. … [Read more...] about Lights out, ovens off: Europe preps for winter energy crisis

A gunman opened fire in a school in central Russia on Monday, killing 13 people and wounding 23 others before shooting himself dead, authorities said. … [Read more...] about 13 dead, 23 wounded in school shooting in Russia