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FDA Head: Baby Formula Factory Could Reopen by Next Week

The head of the Food and Drug Administration told lawmakers Thursday that a shuttered baby formula factory could be up and running as soon as next week, though he sidestepped questions about whether his agency should have intervened earlier…

IMF Chief: Ukraine War And Inflation Threaten Global Economy

The head of the International Monetary Fund warned Thursday that Russia’s war against Ukraine was weakening the economic prospects for most of the world’s countries and called high inflation “a clear and present danger” to the global…

Mariupol Mayor Says Siege Has Killed More Than 10K Civilians

The mayor of the Ukrainian port city of Mariupol said Monday that more than 10,000 civilians have died in the Russian siege of his city, and that the death toll could surpass 20,000, as weeks of attacks and privation leave the bodies of…

US Inflation Jumped 8.5% in Past Year, Highest Since 1981

Inflation soared over the past year at its fastest pace in more than 40 years, with costs for food, gasoline, housing and other necessities squeezing American consumers and wiping out the pay raises that many people have received.