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- Trainees work at Snowtex garment factory in Dhamrai, near Dhaka, Bangladesh, April 19, 2018. Bangladesh's economic miracle is under severe strain as fuel price hikes amplify public frustrations over rising costs for food and other necessities. (AP Photo/A.M. Ahad, File)
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Inflation, unrest challenge Bangladesh's 'miracle economy'
By JULHAS ALAM - Associated Press
Thu,09/22/22-11:04PM , 472 Reads
DHAKA, Bangladesh (AP) — Standing in line to try to buy food, Rekha Begum is distraught. Like many others in Bangladesh, she is struggling to find affordable daily essentials like rice, lentils and onions.
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How major US stock indexes fared Thursday 9/22/2022
By THE ASSOCIATED PRESS
Thu,09/22/22-3:27PM , 113 Reads
Stocks closed lower on Wall Street, deepening their losses for the week, as central banks around the world raised interest rates to fight inflation.

The S&P 500 fell 0.8% Thursday. The Dow Jones Industrial Average fell about half as much, and the Nasdaq composite lost 1.4%.
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- A sign is displayed outside a home in Wheeling, Ill., May 5, 2022. Average long-term U.S. mortgage rates climbed over 6% this week for the first time since the housing crash of 2008, threatening to sideline even more homebuyers from a rapidly cooling housing market. Mortgage buyer Freddie Mac reported Thursday, Sept. 15, 2022 that the 30-year rate rose to 6.02% from 5.89% last week. (AP Photo/Nam Y. Huh)
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Average US long-term mortgage rates climb to 6.29% this week
By MATT OTT - AP Business Writer
Thu,09/22/22-9:00AM , 574 Reads
WASHINGTON (AP) — Average long-term U.S. mortgage rates jumped by more than a quarter-point this week to their highest level since 2008 as the Federal Reserve intensified its effort to tamp down decades-high inflation and cool the economy.
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- Pedestrians walk past The Bank of England in London, Thursday, Sept. 22, 2022. Britain's central bank is under pressure to make another big interest rate hike Thursday. Inflation in the United Kingdom is outpacing other major economies, but the U.S. Federal Reserve and other banks are moving faster to get prices under control. (AP Photo/Kirsty Wigglesworth)
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Bank of England raises rates but avoids bolder hike like Fed
By KELVIN CHAN - Associated Press
Thu,09/22/22-3:42AM , 288 Reads
LONDON (AP) — The Bank of England raised its key interest rate Thursday by another half-percentage point to the highest level in 14 years, but despite facing inflation that outpaces other major economies, it avoided more aggressive hikes made by the
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