Bloomberg Online prices in the US rose 3.6% last month from a year earlier, matching February’s record high, according to data compiled by Adobe Inc. From groceries to clothes and pet products, 14 of the 18 categories tracked by Adobe recorded price increases since March 2021. Online inflation, first observed in June 2020 after years of declines, has now persisted ...

Bloomberg President Joe Biden for the first time accused Russia of committing genocide in Ukraine, significantly escalating his condemnation of President Vladimir Putin’s invasion. Speaking at an event in Iowa laying out steps to lower fuel costs that have surged during the war, Biden described Russia’s actions in the conflict as a “genocide.” He later stood by his comments, but ...

Bloomberg Sweden’s ruling party, the Social Democrats, have decided to support a Nato entry bid by June, newspaper Svenska Dagbladet reported, citing party sources it didn’t identify. The Social Democrats led by Prime Minister Magdalena Andersson have long been a holdout in the debate on whether Sweden should join the North Atlantic Treaty Organization (Nato), officially opposing an entry and ...