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…

Russia will have no use for the US dollar in the foreseeable future, according to the head of the State Duma Financial Market Committee, Anatoly Aksakov. The lawmaker explained that Western sanctions against Russia make it impossible for the country to purchase many American and European goods, which “makes their currencies useless.”

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…