US Federal Reserve Chair Jerome Powell on Thursday vowed to do whatever it takes to tackle inflation but admitted he can’t control some cost spikes, including food and prices at the pump. Powell told the Senate Banking Committee he doesn’t expect gas or grocery prices to fall as a result of the Fed’s campaign of…

Gold is among assets that may be targeted in the next round of sanctions on Russia, Reuters reported on Tuesday, citing a draft document by EU leaders. The topic is expected to be discussed during the their regular summit on Friday.

The lawmakers have approved the first key gun safety law in decades in the wake of several high-profile shootings The US House on Friday passed a package of gun control measures, including stepped-up background check requirements for younger buyers and funding for mental health programs. Already passed by the Senate on Thursday, the legislation heads…