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Money & Markets

From stocks to crypto, a harsh six months for investors

Americans with stock portfolios or retirement investment plans would likely prefer to forget the last six months. The S&P 500, Wall Street’s broad benchmark for many stock funds, closed the first half of 2022 with a loss of more than 20 percent after starting the year at an all-time ...

Amazon, Rite Aid cap purchase of emergency contraceptives

NEW YORK — Amazon is limiting how many emergency contraceptives consumers can buy, joining other retailers who put in place similar caps following the Supreme Court decision overruling Roe v. Wade. Amazon’s limit, which temporarily caps purchase of the contraceptives at three units per ...

G-7 leaders united behind Ukraine, aim at Kremlin oil money

ELMAU, Germany — Leaders of the world’s biggest developed economies said Tuesday they would explore far-reaching steps to cap Russia’s income from oil sales that are financing its invasion of Ukraine and struck a united stance to support Kyiv for “as long as it takes” as the war ...

Oil price cap could strike Russia’s war chest

GARMISCH-PARTENKIRCHEN, Germany — Leaders of the world’s biggest developed economies are weighing a cap on the price of Russian oil meant to strike at the main pillar of the Kremlin’s finances following its invasion of Ukraine — and to limit the havoc that high energy prices are ...

FDA bans Juul e-cigarettes tied to teen vaping surge

WASHINGTON — U.S. health regulators on Thursday ordered Juul to pull its electronic cigarettes from the market, the latest blow to the embattled company widely blamed for sparking a national surge in teen vaping. The action is part of a sweeping effort by the Food and Drug Administration to ...

Biden calls for suspension of gas and diesel taxes

the Associated Press WASHINGTON — President Joe Biden on Wednesday called on Congress to suspend federal gasoline and diesel taxes for three months — an election-year move meant to ease financial pressures that was greeted with doubts by many lawmakers. The Democratic president also ...