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- A woman walks by a bank's currency advertisement board in Seoul, South Korea, Friday, Sept. 23, 2022. Asian stocks fell for a third day Friday after more rate hikes by the Federal Reserve and other central banks to control persistent inflation spurred fears of a possible global recession. (AP Photo/Ahn Young-joon)
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Asian stocks slide for 3rd day on economic growth fears
By JOE MCDONALD - AP Business Writer
Thu,09/22/22-12:47AM , 242 Reads
BEIJING (AP) — Asian stocks fell for a third day Friday after more rate hikes by the Federal Reserve and other central banks to control persistent inflation spurred fears of a possible global recession.

Shanghai, Hong Kong, Seoul and Sydney declined. Oil prices edged lower. Japanese markets were closed for a holiday.
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- President Joe Biden smiles in the Oval Office of the White House, Sept. 16, 2022, in Washington. The White House is reaching out to local governments. It's hosting officials from North Carolina on Thursday to highlight funding opportunities and hear firsthand how coronavirus relief, infrastructure dollars and other policies are faring in communities. (AP Photo/Alex Brandon, File)
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White House hosts local officials, touts impact of policies
By JOSH BOAK - Associated Press
Wed,09/21/22-11:05PM , 250 Reads
WASHINGTON (AP) — The White House on Thursday launched a new effort to show local governments what it can do for their communities, hosting North Carolina officials to highlight funding opportunities and hear firsthand how
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- Federal Reserve Chair Jerome Powell speaks at a news conference Wednesday, Sept. 21, 2022, at the Federal Reserve Board Building, in Washington. Intensifying its fight against chronically high inflation, the Federal Reserve raised its key interest rate by a substantial three-quarters of a point for a third straight time, an aggressive pace that is heightening the risk of an eventual recession. (AP Photo/Jacquelyn Martin)
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Powell's stark message: Inflation fight may cause recession
By CHRISTOPHER RUGABER - AP Economics Writer
Wed,09/21/22-5:48PM , 561 Reads
WASHINGTON (AP) — The Federal Reserve delivered its bluntest reckoning Wednesday of what it will take to finally tame painfully high inflation: Slower growth, higher unemployment and potentially a recession.
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How major US stock indexes fared Wednesday 9/21/2022
By THE ASSOCIATED PRESS
Wed,09/21/22-3:18PM , 190 Reads
Wall Street closed sharply lower after the Federal Reserve stepped up its fight against inflation by raising interest rates.
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