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- This Dec. 12, 2018, file photo shows traffic on the Hollywood Freeway in Los Angeles. New vehicles sold in the U.S. will have to travel an average of at least 40 miles per gallon of gasoline in 2026 under new rules unveiled by the government. The National Highway Traffic Safety Administration said Friday its fuel economy requirements will undo a rollback enacted under President Donald Trump. (AP Photo/Damian Dovarganes, File)
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New vehicles must average 40 mpg by 2026, up from 28 mpg
By TOM KRISHER - AP Auto Writer
Fri,04/01/22-8:32AM , 308 Reads
DETROIT (AP) — New vehicles sold in the U.S.
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- Personal trainer Antonia Kalantzi, 38, shops at a grocery store in Athens, Greece, on Feb. 16, 2022. Inflation in Europe soared to another record, a fresh sign that rising energy prices fueled by Russia’s war in Ukraine are squeezing consumers and adding pressure on the central bank to raise interest rates. Consumer prices in the 19 countries that use the euro currency rose by an annual rate of 7.5% in March, according to the European Union statistics agency, Eurostat.The latest reading smashed the high set just last month, when it hit a revised 5.9%. (AP Photo/Petros Giannakouris)
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European inflation soars to record 7.5% on fuel, food costs
By KELVIN CHAN - AP Business Writer
Fri,04/01/22-4:11AM , 605 Reads
LONDON (AP) — Inflation in Europe soared to another record, according to new EU figures released Friday, in a fresh sign that rising energy prices fueled by Russia’s war in Ukraine are squeezing consumers and adding pressure on the central bank to raise interest rates.
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- People walk past a banner showing Saudi King Salman, right, and his Crown Prince Mohammed bin Salman, outside a mall in Jiddah, Saudi Arabia, Saturday, March 7, 2020. A spike in global energy prices caused by Russia's war on Ukraine benefits Saudi Arabia as the world's top oil exporter, but problems remain for the kingdom's impulsive crown prince. (AP Photo/Amr Nabil, File)
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Analysis: Oil prices, Ukraine war create Saudi pivot point
By JON GAMBRELL - Associated Press
Fri,04/01/22-3:59AM , 192 Reads
DUBAI, United Arab Emirates (AP) —

The world is looking to Saudi Arabia to boost oil production as global energy prices spike because of Russia’s invasion of Ukraine. But that could mean rethinking how to deal with the kingdom’s controversial crown prince.
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- The New York Stock Exchange operates during normal business hours in the Financial District, Wednesday, Oct. 13, 2021, in the Manhattan borough of New York. Stocks are holding steady on Wall Street Friday, April 1, 2022, and Treasury yields are jumping after a healthy report on the U.S. job market strengthened expectations for coming interest-rate hikes. (AP Photo/John Minchillo, File)
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Stocks edge higher, Treasury yields soar after jobs data
By STAN CHOE AND ALEX VEIGA - AP Business Writers
Fri,04/01/22-1:32AM , 227 Reads
NEW YORK (AP) — Stocks notched modest gains and Treasury yields soared Friday on Wall Street after a healthy report on the U.S. job market strengthened expectations for coming interest rate hikes.
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