President Donald Trump has gone on a clemency blitz, commuting the 14-year prison sentence of former Illinois Gov. Rod Blagojevich and pardoning former NYPD commissioner Bernie Kerik.
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Afghanistan marks 1 year since Taliban seizure as woes mount
The Taliban on Monday marked a year since they seized the Afghan capital of Kabul, a rapid takeover that triggered a hasty escape of the nation's Western-backed leaders, sent the economy into a tailspin and fundamentally transformed the country.
Business
Stocks slip on Wall Street, oil drops amid economy worries
Stocks are slipping at the start of trading on Wall Street, interrupting their best run of the year. The S&P 500 is 0.4% lower Monday. Oil prices dropped much more sharply on worries about the global economy. China's central bank cut a key interest rate after acknowledging more needs to be done to shore up its economy, the world's second largest. Treasury yields also fell, as a measure of manufacturing in New York state unexpectedly sank deeply into contraction. The losses ate into a four-week winning streak for U.S. stocks, which had rallied on hopes that inflation is peaking.
Business
Germans face higher bills as tax aids natural gas importers
Germans are facing a new tax on natural gas use that could cost the average household several hundred euros a year and is aimed at rescuing importers slammed by Russian cutbacks tied to the war in Ukraine.
Business
Norway hits export record amid soaring gas prices
Norway's exports reached a record in July, driven mainly by higher natural gas prices.
Business
WNBA's Brittney Griner appeals her Russian prison sentence
Lawyers for American basketball star Brittney Griner have filed an appeal of her nine-year Russian prison sentence for drug possession, Russian news agencies reported Monday, amid talks between the U.S. and Russia that could lead to a high-profile prisoner swap.
