Oil Prices Fuel Russia's War as Inflation Persists Despite Job Gains and Tentative Deal to End Hollywood Strike

Oil prices have risen, making gas more expensive and helping fund Russia's war in Ukraine.
The US job market has remained strong despite high inflation and interest rate hikes.
Hollywood writers reached a tentative deal to end their strike, raising hopes the shutdown of filming could end.
Amazon is investing up to $4 billion in AI startup Anthropic as Big Tech races to lead in AI.
The European Central Bank says interest rates will stay high to fight inflation despite economic weakness.

qz.com

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