U.S. poised to buy anti-aircraft system for Ukraine; Group of Seven leaders pledge to raise $600 billion for infrastructure projects in developing countries; the average price of a gallon of regular gas falls by four cents over the past two weeks

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It looks like Russia will default on its foreign debt for the first time in more than a hundred years; many U-S companies are still not saying anything about the Supreme Court’s decision to overturn Roe v. Wade.

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Stocks rise; SCOTUS decision will impose new costs on people seeking abortions; new home sales rise; consumer sentiment falls

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Fed Chair Jerome Powell tells Congress the Fed is “strongly

committed” to bringing down inflation; FedEx earnings match analysts’

predictions with upbeat expectations for the future; Netflix cuts about 300

employees.

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The country’s biggest banks have passed the Federal Reserve’s annual stress test; European Union leaders meet to plan for living without Russian gas.

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Stocks rise; average number of new claims has been rising; manufacturing activity slows; European Union grants membership candidacy to Ukraine

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The new analysis comes amid rising interest rates; Germany enters phase two of emergency plan as Russia curtails gas flows; initial jobless claims gain 2,000, but still low; FDA poised to ban Juul e-cigarettes from U.S. market, The Wall Street Journal reports

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Powell says curbing inflation is ‘absolutely essential’; U.S. to ship in 1 million pounds of baby formula from Mexico; federal regulators want longer vehicle black box recordings

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Stocks rise; Fed is still committed to raising rates to combat inflation; FDA will reportedly order Juul to stop selling e-cigarettes; CFPB looks into late fees

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The White House says as much as 50 cents per gallon, if states cut gas taxes, too; Putin says Russia growing trade ties with India, China, other emerging economies; IRS clears backlog of last year’s returns; auto industry executives urge Congress to pass $52 billion in subsidies for U.S. chip production

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