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Police raid home of Russian TV journalist who protested war

Bloomberg A Russian journalist who staged an anti-war protest on the country’s main TV news channel said police raided her home in Moscow as part of a new probe against her. Marina Ovsyannikova said 10 police and officers from the Investigative Committee, Russia’s equivalent of the FBI, searched her apartment early Wednesday and took her away for questioning. A criminal ...

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US productivity falls for second quarter, labour costs increase

  Bloomberg US productivity slumped for a second-straight quarter as the economy shrank, driving another surge in labour costs that risks keeping inflation elevated and further complicates the Federal Reserve’s efforts to tame price increases. Productivity, or nonfarm business employee output per hour, decreased at a 4.6% annual rate in the second quarter after falling at a 7.4% pace in ...

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Norway inflation at 34-year high boosts rate-hike pressure

Bloomberg Norway’s inflation exceeded forecasts for a fourth straight month, hitting a new 34-year high and adding pressure on Norges Bank to deliver a bigger interest rate hike this month than it has flagged earlier. Consumer prices rise 6.8% in July from a year earlier, the fastest pace since July 1988, according to data from Statistics Norway on Wednesday. Underlying ...

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