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Wed. 10:01 a.m.: US economy slipped 1.6% to start year; return to growth eyed

WASHINGTON (AP) — The U.S. economy shrank at a 1.6 percent annual pace in the first three months of the year, the government reported today in a slight downgrade from its previous estimate for January-March quarter. It was the first drop in gross domestic product — the broadest measure of ...

Wed. 9:49 a.m.: $30B from Russian oligarchs frozen under REPO seizure effort

WASHINGTON (AP) — A multinational task force designed to seize Russian oligarchs' wealth has blocked and frozen $30 billion in sanctioned individuals' property and funds in its first 100 days in operation, the Treasury Department reported today. That's on top of the yachts, other vessels ...

Wed. 9:38 a.m.: EU countries approve climate measures after long talks

BRUSSELS (AP) — European Union countries reached a deal following hard-fought talks that dragged into early today to back stricter climate rules that would eliminate carbon emissions from new cars by 2035. The 27 EU members found agreement on draft legislation aimed at slashing EU ...

Wed. 9:16 a.m.: Pelosi receives Communion in Vatican amid abortion debate

ROME (AP) — U.S. House Speaker Nancy Pelosi met with Pope Francis today and received Communion during a papal Mass in St. Peter's Basilica, witnesses said, despite her position in support of abortion rights. Pelosi attended the morning Mass marking the feasts of St. Peter and St. Paul, ...