AP Business

Russia’s central bank has raised its key interest rate by two percentage points to a record-high 21% in an effort to combat growing inflation

The Biden administration is moving ahead with a new path to student loan cancellation for Americans who face steep medical bills, child care costs and other types of financial hardship that prevent them from repaying their loans

The former CEO of Abercrombie & Fitch is expected to be arraigned on federal sex trafficking and interstate prostitution charges in a New York court

The former longtime CEO of Abercrombie & Fitch is expected to be arraigned on federal sex trafficking and interstate prostitution charges in a New York court

The former longtime CEO of Abercrombie & Fitch has pleaded not guilty to federal sex trafficking and interstate prostitution charges

European markets have opened lower while Asian stocks mostly advanced

Stocks are opening higher on Wall Street but are still on track to log their first losing week since early September