AP Business

Russia’s Central Bank has raised its key lending rate to the highest level in more than two years to stem soaring inflation in an overheated economy hit by Western sanctions in response to Moscow’s military action in Ukraine

Military veterans have spent years lobbying for the use of psychedelic drugs to treat PTSD, but a sharply critical review of the club drug MDMA has put the therapy's approval in doubt

The Federal Reserve’s favored inflation measure remained low last month, bolstering evidence that price pressures are steadily cooling and setting the stage for the Fed to begin cutting interest rates in September

A federal grand jury in California has charged activist short seller Andrew Left with multiple counts of securities fraud for a $16 million stock market manipulation scheme

Small business owners in Paris expected a boon in visitors once the Olympics arrived

A team of Polish divers has discovered the wreckage of an old sailing ship loaded “to the brim” with luxury goods including porcelain items and about 100 bottles of Champagne and mineral water off the Swedish coast

Shares are mostly higher in Asia after Wall Street made a comeback from its worst loss since 2022