Federal Reserve hikes interest rate by 0.75%

Federal Reserve hikes interest rate by 0.75%
Federal Reserve hikes interest rate by 0.75%
Tetra Images/Getty Images

(WASHINGTON) — The Federal Reserve raised interest rates significantly on Wednesday, hiking it 0.75%, escalating a strategy of increased borrowing costs that aims to dial back historic inflation.

The rate hike of 0.75% marks the largest increase since 1994. The dramatic rate increase follows new inflation data that showed a reacceleration of price increases to levels not seen for more than four decades, dashing hopes that inflation had reached its peak.

A rate hike of 0.75% brings the interest rate to a range of 1.5% to 1.75%

The Fed also indicated that more rate hikes will follow in the coming months.

An increase to the benchmark interest rate raises borrowing costs for consumers and businesses, which in theory should slash inflation by slowing the economy and eating away at demand. But the strategy also risks tipping the economy into a recession. The rate hike will likely increase everything from credit card fees to mortgage rates.

The Federal Reserve raised its benchmark interest rate by 0.5% last month, and central bankers had signaled the same increase for June. But a persistent surge in costs appears to have prompted a reevaluation. The consumer price index, or CPI, stood at 8.6% year-over-year in May, a significant increase from 8.3% the month prior, according to data released by the U.S. Bureau of Labor Statistics on Friday.

President Joe Biden has touted the economic recovery from a coronavirus-induced downturn, but acknowledged that many American households are struggling with high costs.

“Jobs are back, but prices are still too high,” he said during a speech in Philadelphia on Tuesday.

Republican members of Congress have criticized Biden for the price hikes, suggesting they stem from his mismanagement of the economy. Biden has attributed high prices to the disruption of food and gas markets that has resulted from the Russian invasion of Ukraine, calling the sky-high inflation “Putin’s price hike” — a term the administration has used repeatedly.

Copyright © 2022, ABC Audio. All rights reserved.

Road rage incident leads to hate crime charge

Road rage incident leads to hate crime charge
Road rage incident leads to hate crime charge
William J. Ryan is seen in this undated photo. – City of Newburgh Police Department via Facebook

(NEWBURGH, N.Y.) — A man was arrested Tuesday following an alleged racist road rage incident against a father and son in Newburgh, New York.

Robert Mclymore, who is Black, told New York ABC station that he slowed to let a car pass in front of him on June 11. William Ryan, 60, a white man, was driving behind him and began shouting racist slurs at Mclymore, who was driving with his son.

Ryan began waving a box cutter at the two of them and tried to rear-end the car, according to Mclymore.

The driver allegedly followed Mclymore into a restaurant parking lot and claimed to be an off-duty trooper while giving Mclymore the middle finger, he said. Mclymore caught the incident on his cellphone.

Mclymore told WABC that he is actually a police lieutenant and pastor in the neighboring town of Wallkill.

“I just couldn’t believe it,” Mclymore told WABC about the incident. “I couldn’t believe the racial epithets, him saying that he was a cop or a trooper, most of all him doing what he did and he’s an older gentleman.”

Ryan has been charged with second-degree menacing as a hate crime, a Class E felony, according to the Newburgh Police Department. He is being held in police custody until his arraignment on Wednesday evening.

“There is no place for hate in our community,” Newburgh Police Chief Anthony Geraci wrote in a statement. “Mr. Ryan will be held accountable for his criminal actions and deplorable speech. His racists (sic) threats were not only harmful to the victim in this case but echoes deep within our City.”

Copyright © 2022, ABC Audio. All rights reserved.

Federal Reserve expected to dramatically hike interest rate

Federal Reserve hikes interest rate by 0.75%
Federal Reserve hikes interest rate by 0.75%
Tetra Images/Getty Images

(WASHINGTON) — The Federal Reserve is expected to raise interest rates significantly on Wednesday, escalating a strategy of increased borrowing costs that aims to dial back historic inflation.

Central bankers are expected to consider a rate hike of 0.75%, which would mark the largest increase since 1994. The potentially dramatic rate increase follows new inflation data that showed a reacceleration of price increases to levels not seen for more than four decades, dashing hopes that inflation had reached its peak.

The Fed is also expected to indicate that more rate hikes will follow in the coming months.

An increase to the benchmark interest rate raises borrowing costs for consumers and businesses, which in theory should slash inflation by slowing the economy and eating away at demand. But the strategy also risks tipping the economy into a recession. The rate hike will likely increase everything from credit card fees to mortgage rates.

The Federal Reserve raised its benchmark interest rate by 0.5% last month, and central bankers had signaled the same increase for June. But a persistent surge in costs appears to have prompted a reevaluation. The consumer price index, or CPI, stood at 8.6% year-over-year in May, a significant increase from 8.3% the month prior, according to data released by the U.S. Bureau of Labor Statistics on Friday.

A rate hike of 0.75% would bring the interest rate to a range of 1.5% to 1.75%.

President Joe Biden has touted the economic recovery from a coronavirus-induced downturn, but acknowledged that many American households are struggling with high costs.

“Jobs are back, but prices are still too high,” he said during a speech in Philadelphia on Tuesday.

Republican members of Congress have criticized Biden for the price hikes, suggesting they stem from his mismanagement of the economy. Biden has attributed high prices to the disruption of food and gas markets that has resulted from the Russian invasion of Ukraine, calling the sky-high inflation “Putin’s price hike” — a term the administration has used repeatedly.

Copyright © 2022, ABC Audio. All rights reserved.

Buffalo mass shooting: Federal hate crime charges announced as AG visits families

Buffalo mass shooting: Federal hate crime charges announced as AG visits families
Buffalo mass shooting: Federal hate crime charges announced as AG visits families
Al Drago/Bloomberg via Getty Images

(BUFFALO, N.Y.) — Federal hate crime charges were announced against the Buffalo mass shooting suspect as Attorney General Merrick Garland arrived in the city Wednesday to meet with survivors and the families of the 10 victims.

Payton Gendron, 18, is accused of storming aTops grocery store on May 14 and gunning down 10 people, all of whom were Black, in an alleged hate crime.

At one point Gendron aimed his Bushmaster XM rifle at a white Tops employee, who was shot in the leg and injured. Gendron allegedly apologized to him before continuing the attack, Garland said at a news conference.

Gendron allegedly planned the massacre for months, including driving to the store to sketch the layout and count the number of Black people present, Garland said.

Federal prosecutors charged Gendron with a total of 26 counts of committing a hate crime resulting in death and a hate crime involving bodily injury. He’s also charged with using a firearm to commit murder during a crime of violence.

Gendron was allegedly motivated by the racist, far-right conspiracy theory known as the replacement theory and he wanted to “inspire others to commit similar attacks,” the complaint said. Markings on the rifle used in the shooting including the phrases “here’s your reparations” and “the great replacement,” the complaint said.

Garland said the Justice Department agrees with President Joe Biden that “18-year-olds should not be able to purchase a gun like this,” referring to the semi-automatic rifle used in the massacre.

Assistant Attorney General for Civil Rights Kristen Clarke, who appeared at the news conference with Garland, added, “The Civil Rights division and the entire Justice Department will not stand by idly in the fight against white suprematist violence.” She promised, “We will pursue the perpetrators of hate crimes and hold them accountable.”

The Justice Department is also “hard at work addressing non-criminal acts of bias that rear their ugly head inside our schools, workplaces and our neighborhoods,” Clarke said, as well as addressing how to prevent hate crimes through education and awareness.

The Buffalo massacre could inspire more racially motivated attacks in the coming months, the Department of Homeland Security warned in a new report released this week.

Other charges against Gendron include 10 counts of first-degree murder and 10 counts of second-degree murder as a hate crime. The teen is the first person in state history to be charged with domestic terrorism motivated by hate. Gendron’s lawyers entered a plea of not guilty to the state charges on his behalf.

ABC News’ Alex Mallin and Aaron Katersky contributed to this report.

Copyright © 2022, ABC Audio. All rights reserved.

Russia-Ukraine live updates: Biden announces additional $1B in military aid

Russia-Ukraine live updates: Biden announces additional B in military aid
Russia-Ukraine live updates: Biden announces additional B in military aid
Celestino Arce/NurPhoto via Getty Images

(NEW YORK) — Russian President Vladimir Putin’s “special military operation” into neighboring Ukraine began on Feb. 24, with Russian forces invading from Belarus, to the north, and Russia, to the east. Ukrainian troops have offered “stiff resistance,” according to U.S. officials.

The Russian military has since launched a full-scale ground offensive in eastern Ukraine’s disputed Donbas region, capturing the strategic port city of Mariupol and securing a coastal corridor to the Moscow-annexed Crimean Peninsula.

Here’s how the news is developing. All times Eastern:

Jun 15, 1:08 pm
Biden announces additional $1B in military, $225M in humanitarian assistance

President Joe Biden has announced $1 billion more in U.S. military aid for Ukraine.

Biden said he spoke with Ukrainian President Volodymyr Zelenskyy Wednesday morning and that the aid will include “additional artillery and coastal defense weapons, as well as ammunition for the artillery and advanced rocket systems.”

Biden also announced $225 million in humanitarian assistance “to help people inside Ukraine, including by supplying safe drinking water, critical medical supplies and health care, food, shelter, and cash for families to purchase essential items,” according to a statement.

-ABC News’ Justin Ryan Gomez

Jun 15, 6:49 am
Biden promises to free blocked Ukrainian grain

President Joe Biden said on Tuesday the United States is working with European allies to remove blocked Ukrainian grain by rail.

Speaking at the 29th AFL-CIO Quadrennial Constitutional Convention, Biden said 20 million tons of grain are stuck in Ukraine and need to be exported to reduce global food prices.

As the grain cannot be exported via the Black Sea due to the constant threat of Russian attacks and explosions, the U.S. and its partners are planning to build granaries on the Ukrainian border, Biden said.

The railways present an alternative to Ukrainian coastal waters of the Azov and Black seas that are in need of demining. The area of their contamination with explosives can be up to 19,000 square kilometers, Ministry of Internal Affairs spokesperson Alyona Matveeva said on Tuesday.

The full demining of Ukraine can take from five to 10 years with the help of international experts, Matveeva added. To date, about 80% of explosive devices have been removed and neutralized in the Kyiv region, she said.

Jun 15, 6:31 am
Russia turns to outdated missiles

As Russia’s stock of modern high-precision missiles depletes, its invading forces are turning to obsolete Soviet models to strike targets in Ukraine, Yuriy Ignat, spokesperson for the Ukrainian Air Force, said at a press briefing on Tuesday.

“Recently, there has been a tendency for Russia to save high-precision, expensive missiles. And now the enemy is increasingly using Soviet types of missiles,” Ignat said.

Some of these missiles are extremely powerful, the spokesman added, and their destructive parts can weigh up to 900 kilograms.

“Their main drawback is that they do not always fly at their intended target and very often destroy civilian objects with human casualties,” Ignat said.

According to Ignat, Ukrainian anti-aircraft missile forces have shot down more than 500 enemy air targets since the start of the full-scale Russian invasion. These include Russian cruise missiles, UAVs, planes and helicopters.

Arnold Schwarzenegger, the former governor of California, weighed in on the question of Russian missiles on Tuesday when he said that Europe is partly to blame for financing Russia’s war against Ukraine.

Addressing a climate conference in Vienna via a livestream, Schwarzenegger said the about 1,300 missiles Russia fired into Ukrainian cities during the first two months of the war cost 7.7 billion euros.

“Now that’s a lot. But during the same time, Europe sent to Russia 44 billion euros for fuel,” the former governor told attendees of the Austrian World Summit. “We have blood on our hands, because we are financing the war. We have to stop lying to ourselves.”

On the other end of the frontline, Ukraine is also grappling with a pressing lack of weapons. The Ukrainian forces received only 10% of the weapons “we said we needed,” Ukrainian Deputy Defense Minister Hanna Malyar told local media on Tuesday.

“Now matter how much effort Ukraine makes, we will not be able to win the war without the help of the West,” Malyar added.

The deputy minister said Ukrainian fighters can afford to spend only about 6,000 shells a day, while the Russians use about 10 times more. The limited number of available weapons and ammunition is crippling Ukraine’s ability to launch a counteroffensive at the front, military expert Oleh Zhdanov said, according to local outlets.

Speaking at an online press conference for Danish media on Tuesday, Ukrainian President Volodymyr Zelenskyy repeated his plea for Western weapons that he said are vital for the liberation of occupied territories.

The speed of de-occupation “depends on the supply of weapons to Ukraine, and any delays in this matter threaten stagnation on the front,” Zelenskyy said.

Jun 14, 1:20 pm
Russian, Belarusian tennis players can compete at US Open under neutral flag

Russian and Belarusian tennis players, who are banned from Wimbledon, will be allowed to compete in this year’s U.S. Open, but only under a neutral flag, the U.S. Tennis Association said.

The USTA said it “previously condemned, and continues to condemn, the unprovoked and unjust invasion of Ukraine by Russia.”

Russian player Daniil Medvedev, the current No. 1 player in the world, won last year’s U.S. Open.

Jun 14, 6:37 am
Ukraine pleads for heavy weapons ahead of NATO meeting

The only way to end the war in Ukraine, either on the battlefield or behind the negotiation table, is a parity of weapons, Mykhailo Podoliak, an adviser to the head of the Ukrainian Presidential Office, said on Monday.

“Being straightforward — to end the war we need heavy weapons parity,” Podoliak said on Twitter.

According to the presidential adviser, Ukraine’s military wish list includes 1,000 howitzers, 300 multiple launch rocket systems, 500 tanks, 2,000 armored vehicles and 1,000 drones.

“Negotiations are possible from a strong position, which requires parity of weapons,” Podoliak said. “There is simply no other way.”

Ukrainian Foreign Minister Dmytro Kuleba echoed Podoliak’s plea for weapons on Monday in a tweet that recounted Ukraine’s recent military triumphs achieved with limited resources.

“Ukraine has proven it can punch well above its weight and win important battles against all odds,” Kuleba said, pointing at victories in the battles of Kyiv, Chernihiv, Sumy and Kharkiv. “Imagine what Ukraine can do with sufficient tools,” the Foreign Minister added. Kuleba urged Ukraine’s partners “to set a clear goal of Ukrainian victory and speed up deliveries of heavy weapons.”

Podoliak said a meeting of NATO defense ministers will be held in Brussels on June 15.

“We are waiting for a decision” on the weapons, Podoliak said.

The group, known as the Ukraine Defence Contact Group, will convene a meeting for the third time in a bid “to ensure that we’re providing Ukraine what Ukraine needs right now,” U.S. Secretary of Defense Lloyd J. Austin III said at a press briefing in Bangkok, Thailand, on Monday.

Austin, who will be in attendance in Brussels, said that Ukraine needs support “in order to defend against Russia’s unjustified and unprovoked assault.” The secretary of Defense noted that looking ahead, Ukraine will require help “to build and sustain robust defenses so that it will be able to defend itself in the coming months and years.”

In his Monday evening address, Ukrainian President Volodymyr Zelenskyy called on Ukrainians to tell people in the occupied territories “that the Ukrainian army will definitely come.”

“Tell them about Ukraine. Tell them the truth. Say that there will be liberation,” the president said.

Meanwhile, Ukrainian officials played down threats of possible food shortages in the country due to the ongoing conflict. While Ukraine lost 25% of its sown area as a result of Russia’ full-scale invasion, the country’s food security was “in no way” threatened, Taras Vysotsky, the first deputy minister of Agrarian Policy, said at a press briefing for Ukrainian media on Monday.

“Despite the loss of 25% of sown areas, the structure of crops this year as a whole is more than sufficient to ensure consumption, which in turn also decreased due to mass displacement and external migration,” Vysotsky said.

The deputy minister added that Ukraine has “already imported about 70% of essential fertilizers, 60% of plant protection products and about a third of the required amount of fuel” before the war erupted in late February. According to Vysotsky, current sowing volumes are enough to ensure domestic consumption and even exports.

Jun 13, 9:26 am
Bodies of tortured men exhumed in Bucha

Another mass grave has been dug up in Bucha, uncovering the bodies of seven men who authorities believe were tortured and killed during the bloody occupation of the city in March.

Police told ABC News their hands were tied with ropes behind their backs and they were shot in the knees and head.

“They were killed in a cruel way,” police spokesperson Iryna Pryanyshnykova said. “These were civilian victims. The people here were killed by Russian soldiers and later they were just put into a grave to try to hide this war crime.”

It’s not clear why the men were killed, Pryanyshnykova said.

She said experts will analyze DNA to identify the victims.

-ABC News’ Britt Clennett

Jun 13, 6:24 am
Zelenskyy: Ukraine fighting for ‘every meter’ of Severodonetsk

Russian forces have pushed the Armed Forces of Ukraine out of the center of Severodonetsk, Ukrainian officials said.

“They are pressing in Severodonetsk, where very fierce fighting is going on — literally for every meter,” Ukrainian President Volodymyr Zelenskyy said in an address on Sunday evening.

Russian forces now control about 70% of the city, as intense shelling makes mass evacuation and the transportation of goods impossible, Sergiy Haidai, another Ukrainian official, said.

Around 500 people, including 40 children, are sheltering in the city’s Azot chemical plant, Haidai said.

While the Ukrainians try to organize their evacuation, authorities of the self-declared Donetsk People’s Republic have given an ultimatum to Ukrainian troops in the city.

“They have two options: either follow the example of their colleagues and give up, or die. They have no other option,” said Eduard Basurin, deputy head of the People’s Militia Department of the DPR.

-ABC News’ Yulia Drozd and Tanya Stukalova

Jun 12, 5:33 pm
Zelenskyy sends virtual message to Sean Penn’s CORE benefit

Ukrainian President Volodymyr Zelenskyy addressed the annual Hollywood fundraiser for actor Sean Penn’s nonprofit Community Organized Relief Effort (CORE) Saturday night with a powerful video message urging people to continue to support Ukraine in its war against Russia.

“All of you have heard about the horrors that Ukraine is going through. Tens of thousands of explosions and shots, hundreds of thousands wounded and killed, millions who have lost their homes,” Zelenskyy said in his virtual speech. “All of this is not a logline for a horror film. All of this is our reality.”

Zelenskyy’s video message included footage showing missiles striking homes and apartment complexes in Ukraine, civilians dead in the streets of Ukrainian cities and children playing in parks amid the backdrop of bombed buildings.

Among those attending the CORE fundraiser, held at the Hollywood Palladium in Los Angles, were Penn and CORE co-founder Ann Lee, former President Bill Clinton, Los Angeles Mayor Eric Garcetti, singer John Legend, and actors Patrick Stewart and Sharon Stone.

The group said the event raised more than $2.5 million for CORE’s disaster relief and preparedness work, including its urgent humanitarian response in Ukraine.

Zelenskyy noted that Penn traveled to Ukraine at the start of the Russian invasion and witnessed the atrocities firsthand. He thanked Penn and his group for the continued support for Ukraine.

“We have been resisting it for 107 days in a row,” Zelenskyy said of Russia’s aggression in Ukraine. “We can stop it together. Support Ukraine, because Ukraine is fighting for the whole world, for democracy, for freedom, for life.”

Jun 12, 4:17 pm
Russia’s firepower superiority 10 times that of Ukraine’s in Luhansk: Military chief

Ukraine’s Armed Forces Commander-in-Chief Valeriy Zaluzhny said Sunday that he told his American counterpart, Gen. Mark Milley, U.S. Chairman of the Joint Chiefs of Staff, that Russian firepower superiority in the Luhansk region is far greater than that of Ukrainian forces.

Zaluzhny said that during a briefing he told Milley that Russian forces are concentrating their efforts in the north of the Luhansk region, where they are using artillery “en masse” and their firepower superiority is 10 times that of Ukraine’s.

“Despite everything, we keep holding our positions,” Zaluzhny said.

Zaluzhny also said Russia has deployed up to seven battalion tactical groups in Severdonetsk, a city in the Luhansk region. He said Russian shelling of residential areas in Kharkiv in northeast Ukraine has resumed.

Russian forces destroyed a second bridge leading into Severodonetsk and are now targeting a third bridge in an effort to completely cut off the city, Luhansk region Gov. Sergiy Haidai said Sunday. Ukraine’s army still controls around one third of the city, he said.

Haidai said that Ukrainian forces are still holding onto the Azot chemical plant in Severodonetsk, where around 500 civilians are taking shelter.

If Severodonetsk falls, Lysychansk will be the only city in the Luhansk region that remains under Ukraine’s control.

Zaluzhny said that as of Sunday, the front line of the war stretched 1,522 miles and that active combat was taking place on at least 686 miles of the front line.

Zaluzhny said that during his briefing with Milley, he reiterated Ukraine’s urgent request for more 155 mm caliber artillery systems.

Jun 12, 12:48 pm
Russian cruise missile attack confirmed in western Ukraine

Russia claims a cruise missile strike destroyed a large warehouse in western Ukraine storing weapons supplied to the Ukrainians by the United States and European allies.

While police in the Ternopil region of Ukraine, where at least one cruise missile hit, told ABC News that no weapons were destroyed, the region’s governor said part of a military facility was damaged.

Ternopil’s governor Volodymyr Trush posted a video showing widespread damage from what he said were four Russian missiles launched Saturday from the Black Sea. Trush said 22 people were wounded, including a 12-year-old child, in the missile strikes.

In addition to the military facility, Trush said four five-story residential apartment buildings were damaged. One of the missiles hit a gas pipeline, he said.

Russia’s defense ministry said Kalibr high presicion sea-based, long-range missiles struck near Chortkiv in the Ternopil province and destroyed a large warehouse full of anti-tank missile systems, portable anti-aircraft missile systems and artillery shells supplied by the United States and European countries.

Copyright © 2022, ABC Audio. All rights reserved.

Biden sends letter to oil refiners blasting high profits amid record gas prices

Biden sends letter to oil refiners blasting high profits amid record gas prices
Biden sends letter to oil refiners blasting high profits amid record gas prices
MANDEL NGAN/AFP via Getty Images

(WASHINGTON) — President Joe Biden on Wednesday sent a letter to seven major oil refiners blasting them for record profits amid the war in Ukraine as Americans pay record prices at the gas pump.

In the letter, he informs them he has ordered Secretary of Energy Jennifer Granholm to convene an emergency meeting with company executives to provide an explanation of any reduction in refining capacity since 2020.

While acknowledging that “Putin’s war of aggression” has dwindled the world supply of oil, Biden also pointed out that oil company profit margins are at the highest levels ever recorded.

“The last time the price of crude oil was about $120 per barrel, in March, the price of gas at the pump was $4.25 per gallon. Today, gas prices are 75 cents higher, and diesel prices are 90 cents higher. That difference — of more than 15% at the pump — is the result of the historically high profit margins for refining oil into gasoline, diesel and other refined products. Since the beginning of the year, refiners’ margins for refining gasoline and diesel have tripled, and are currently at their highest levels ever recorded,” Biden wrote.

Biden blames on the companies for “worsening” the pain the war has imposed on Americans.

“I understand that many factors contributed to the business decisions to reduce refinery capacity, which occurred before I took office. But at a time of war, refinery profit margins well above normal being passed directly onto American families are not acceptable. There is no question that Vladimir Putin is principally responsible for the intense financial pain the American people and their families are bearing. But amid a war that has raised gasoline prices more than $1.70 per gallon, historically high refinery profit margins are worsening that pain,” he wrote.

He hinted his administration is prepared to take action if the companies don’t boost production, although the consequences of not complying are not clear.

“I am prepared to use all tools at my disposal, as appropriate, to address barriers to providing Americans affordable, secure energy supply,” he wrote. “The crunch that families are facing deserves immediate action. Your companies need to work with my Administration to bring forward concrete, near-term solutions that address the crisis and respect the critical equities of energy workers and fence-line communities.”

Asked on CNN Wednesday morning what “tools” are at Biden’s disposal, Granholm did not answer directly, but said his use of the Defense Production Act in other contexts has been on the table and that Congress can also take a variety of actions to address the issue.

She said he first wants to hear from the companies why “we are seeing these massive profit-taking on the part of refiners.”

When pressed repeatedly if a proposal from Sen. Ron Wyden, an Oregon Democrat, to impose a 21% surtax on excess profits form the oil companies is something Biden would consider supporting, Granholm nervously said “no tool has been taken off the table” but did not directly say whether he’d back the idea.

“I’m saying no tool has been taken off the table and he wants to hear from the refineries, the companies who are doing refining to see what is the bottleneck and how we can increase supply. And he’s also asking, of course, for the oil and gas industry to increase supply as well, by drilling more.”

Biden’s letter was sent to the Marathon Petroleum Corp; Valero Energy Corp; ExxonMobil; Phillips 66; Chevron; BP and Shell.

An industry group, The American Petroleum Institute, responded by trying to shift blame back to the White House, saying the administration’s “misguided policy” in reducing domestic oil and gas production has added to energy costs.

“While we appreciate the opportunity to open increased dialogue with the White House, the administration’s misguided policy agenda shifting away from domestic oil and natural gas has compounded inflationary pressures and added headwinds to companies’ daily efforts to meet growing energy needs while reducing emissions,” API President Mike Sommers said in a statement.

It urged the president to “prioritize unlocking U.S. energy resources” to reduce costs instead of increasing reliance on countries like Saudi Arabia.

ABC News’ Stephanie Ebbs contributed to this report.

Copyright © 2022, ABC Audio. All rights reserved.

Mass shooting threat on Snapchat shuts down Kansas City-area schools, suspect in custody

Mass shooting threat on Snapchat shuts down Kansas City-area schools, suspect in custody
Mass shooting threat on Snapchat shuts down Kansas City-area schools, suspect in custody
Emily Curiel/The Kansas City Star/Tribune News Service via Getty Images

(KANSAS CITY, Mo.) — Multiple school districts in the Kansas City, Missouri, area closed their doors on Wednesday in the wake of a mass shooting threat.

The Blue Springs Police Department said someone called Tuesday morning to report a suspicious Snapchat post made by an individual “threatening ‘killing people — mass murdering.'”

No specific location was mentioned, police said, but the Blue Springs School District, the nearby Fort Osage School District and others decided to close as a precaution.

Blue Springs police said Wednesday morning that a suspect — a male former student — is in custody and charges are pending.

There’s no threat to the public, police said.

The FBI in Kansas City said it was notified of the threat but deferred further comment to Blue Springs police.

Copyright © 2022, ABC Audio. All rights reserved.

Massive search ongoing for 3-year-old Massachusetts boy who vanished from babysitter’s yard

Massive search ongoing for 3-year-old Massachusetts boy who vanished from babysitter’s yard
Massive search ongoing for 3-year-old Massachusetts boy who vanished from babysitter’s yard
Lowell Police Department via John Guilfoil Public Relations

(LOWELL, Mass.) — A massive search for a 3-year-old Massachusetts boy who vanished from his babysitter’s yard entered its second day on Wednesday and involved nearly 200 law enforcement officers, authorities said.

The toddler, identified only as Harry, was reported missing at about 9:30 a.m. on Tuesday in Lowell, Massachusetts. Police said a search for the boy was immediately launched.

Police asked neighboring residents to search their properties, outbuildings and vehicles for the boy.

“He’s active. He likes going outside. When he’s at home, he goes to the yard and plays. He’s a healthy kid but he can’t speak. He’s trying to learn how to speak, but he can’t talk,” Harry’s father told ABC affiliate station WCVB in Boston in a phone interview.

Volunteers eager to join the search were asked by police stay away from the area around the babysitter’s home where police are focusing their efforts.

“Right now we are concentrating efforts with law enforcement personnel and we are trying not to contaminate search areas,” the Lowell Police Department said in a statement posted on Twitter Wednesday morning.

Harry was last seen wearing a long-sleeve maroon shirt and gray pants with a white stripe, police said.

Upon getting the call of the missing child, officers went to the babysitter’s home in the Pawtucketville section of northwest Lowell and immediately began searching the neighborhood. When they found no sign of the boy, they expanded the search to the nearby Lowell-Dracut-Tyngsboro State Forest and the Merrimack River.

Lowell Police Chief Barry Golner said Wednesday morning that investigators have found no evidence suggesting foul play in the boy’s disappearance.

“We are still treating the incident as a missing person, a missing child. All our efforts have been focused on re-searching, retracing. We brought in other assets today — the state police, we have everything from mounted units to marine units,” Golner said.

The child’s parents dropped him off at his babysitter’s house about 7 a.m. Tuesday, police said. At least one neighbor saw the child playing in his babysitter’s backyard around 9:15 a.m., police said.

Carlisle Police Chief John Fisher, president of the North Eastern Massachusetts Law Enforcement Council, which is assisting in the search, urged local residents with surveillance cameras, particularly those with Ring doorbells, to check their footage for any sign of the child.

“A 3-year-old of average mobility, unfortunately or fortunately, can get pretty far,” Fisher said.

Lowell police notified the community of the missing boy on Tuesday by using a reverse 911 system to contact residents and asked them to call the police immediately if they believe they have seen the boy or have information about his whereabouts.

Copyright © 2022, ABC Audio. All rights reserved.

Attorney General visits Buffalo mass shooting victims’ families

Buffalo mass shooting: Federal hate crime charges announced as AG visits families
Buffalo mass shooting: Federal hate crime charges announced as AG visits families
Al Drago/Bloomberg via Getty Images

(BUFFALO, N.Y.) — Attorney General Merrick Garland is in Buffalo, New York, on Wednesday to meet with the families of the 10 victims killed in last month’s mass shooting.

Garland will meet privately with families and survivors, visit the site of the massacre and hold a press conference.

Payton Gendron, 18, is accused of storming a Tops grocery store on May 14 and gunning down 10 people, all of whom were Black, in an alleged hate crime.

Charges against Gendron include 10 counts of first-degree murder and 10 counts of second-degree murder as a hate crime. The teen is the first person in state history to be charged with domestic terrorism motivated by hate. Gendron’s lawyers entered a plea of not guilty to all of the charges on his behalf.

Days after the massacre, Garland promised that the Justice Department would be “relentlessly investigating this as a hate crime and as a matter of racially-motivated violence extremism.”

“Confronting hate and preventing hate crimes is a moral obligation of every American if we want to continue to live in a Democracy,” he said.

The Buffalo massacre could inspire more racially motivated attacks in the coming months, the Department of Homeland Security warned in a new report released this week.

Associate Attorney General Vanita Gupta and Assistant Attorney General for Civil Rights Kristen Clarke have joined Garland for Wednesday’s trip.

Copyright © 2022, ABC Audio. All rights reserved.

Russia-Ukraine live updates: Russia turns to outdated missiles, Ukraine says

Russia-Ukraine live updates: Biden announces additional B in military aid
Russia-Ukraine live updates: Biden announces additional B in military aid
Celestino Arce/NurPhoto via Getty Images

(NEW YORK) — Russian President Vladimir Putin’s “special military operation” into neighboring Ukraine began on Feb. 24, with Russian forces invading from Belarus, to the north, and Russia, to the east. Ukrainian troops have offered “stiff resistance,” according to U.S. officials.

The Russian military has since launched a full-scale ground offensive in eastern Ukraine’s disputed Donbas region, capturing the strategic port city of Mariupol and securing a coastal corridor to the Moscow-annexed Crimean Peninsula.

Here’s how the news is developing. All times Eastern:

Jun 15, 6:49 am
Biden promises to free blocked Ukrainian grain

President Joe Biden said on Tuesday the United States is working with European allies to remove blocked Ukrainian grain by rail.

Speaking at the 29th AFL-CIO Quadrennial Constitutional Convention, Biden said 20 million tons of grain are stuck in Ukraine and need to be exported to reduce global food prices.

As the grain cannot be exported via the Black Sea due to the constant threat of Russian attacks and explosions, the U.S. and its partners are planning to build granaries on the Ukrainian border, Biden said.

The railways present an alternative to Ukrainian coastal waters of the Azov and Black seas that are in need of demining. The area of their contamination with explosives can be up to 19,000 square kilometers, Ministry of Internal Affairs spokesperson Alyona Matveeva said on Tuesday.

The full demining of Ukraine can take from five to 10 years with the help of international experts, Matveeva added. To date, about 80% of explosive devices have been removed and neutralized in the Kyiv region, she said.

Jun 15, 6:31 am
Russia turns to outdated missiles

As Russia’s stock of modern high-precision missiles depletes, its invading forces are turning to obsolete Soviet models to strike targets in Ukraine, Yuriy Ignat, spokesperson for the Ukrainian Air Force, said at a press briefing on Tuesday.

“Recently, there has been a tendency for Russia to save high-precision, expensive missiles. And now the enemy is increasingly using Soviet types of missiles,” Ignat said.

Some of these missiles are extremely powerful, the spokesman added, and their destructive parts can weigh up to 900 kilograms.

“Their main drawback is that they do not always fly at their intended target and very often destroy civilian objects with human casualties,” Ignat said.

According to Ignat, Ukrainian anti-aircraft missile forces have shot down more than 500 enemy air targets since the start of the full-scale Russian invasion. These include Russian cruise missiles, UAVs, planes and helicopters.

Arnold Schwarzenegger, the former governor of California, weighed in on the question of Russian missiles on Tuesday when he said that Europe is partly to blame for financing Russia’s war against Ukraine.

Addressing a climate conference in Vienna via a livestream, Schwarzenegger said the about 1,300 missiles Russia fired into Ukrainian cities during the first two months of the war cost 7.7 billion euros.

“Now that’s a lot. But during the same time, Europe sent to Russia 44 billion euros for fuel,” the former governor told attendees of the Austrian World Summit. “We have blood on our hands, because we are financing the war. We have to stop lying to ourselves.”

On the other end of the frontline, Ukraine is also grappling with a pressing lack of weapons. The Ukrainian forces received only 10% of the weapons “we said we needed,” Ukrainian Deputy Defense Minister Hanna Malyar told local media on Tuesday.

“Now matter how much effort Ukraine makes, we will not be able to win the war without the help of the West,” Malyar added.

The deputy minister said Ukrainian fighters can afford to spend only about 6,000 shells a day, while the Russians use about 10 times more. The limited number of available weapons and ammunition is crippling Ukraine’s ability to launch a counteroffensive at the front, military expert Oleh Zhdanov said, according to local outlets.

Speaking at an online press conference for Danish media on Tuesday, Ukrainian President Volodymyr Zelenskyy repeated his plea for Western weapons that he said are vital for the liberation of occupied territories.

The speed of de-occupation “depends on the supply of weapons to Ukraine, and any delays in this matter threaten stagnation on the front,” Zelenskyy said.

Jun 14, 1:20 pm
Russian, Belarusian tennis players can compete at US Open under neutral flag

Russian and Belarusian tennis players, who are banned from Wimbledon, will be allowed to compete in this year’s U.S. Open, but only under a neutral flag, the U.S. Tennis Association said.

The USTA said it “previously condemned, and continues to condemn, the unprovoked and unjust invasion of Ukraine by Russia.”

Russian player Daniil Medvedev, the current No. 1 player in the world, won last year’s U.S. Open.

Jun 14, 6:37 am
Ukraine pleads for heavy weapons ahead of NATO meeting

The only way to end the war in Ukraine, either on the battlefield or behind the negotiation table, is a parity of weapons, Mykhailo Podoliak, an adviser to the head of the Ukrainian Presidential Office, said on Monday.

“Being straightforward — to end the war we need heavy weapons parity,” Podoliak said on Twitter.

According to the presidential adviser, Ukraine’s military wish list includes 1,000 howitzers, 300 multiple launch rocket systems, 500 tanks, 2,000 armored vehicles and 1,000 drones.

“Negotiations are possible from a strong position, which requires parity of weapons,” Podoliak said. “There is simply no other way.”

Ukrainian Foreign Minister Dmytro Kuleba echoed Podoliak’s plea for weapons on Monday in a tweet that recounted Ukraine’s recent military triumphs achieved with limited resources.

“Ukraine has proven it can punch well above its weight and win important battles against all odds,” Kuleba said, pointing at victories in the battles of Kyiv, Chernihiv, Sumy and Kharkiv. “Imagine what Ukraine can do with sufficient tools,” the Foreign Minister added. Kuleba urged Ukraine’s partners “to set a clear goal of Ukrainian victory and speed up deliveries of heavy weapons.”

Podoliak said a meeting of NATO defense ministers will be held in Brussels on June 15.

“We are waiting for a decision” on the weapons, Podoliak said.

The group, known as the Ukraine Defence Contact Group, will convene a meeting for the third time in a bid “to ensure that we’re providing Ukraine what Ukraine needs right now,” U.S. Secretary of Defense Lloyd J. Austin III said at a press briefing in Bangkok, Thailand, on Monday.

Austin, who will be in attendance in Brussels, said that Ukraine needs support “in order to defend against Russia’s unjustified and unprovoked assault.” The secretary of Defense noted that looking ahead, Ukraine will require help “to build and sustain robust defenses so that it will be able to defend itself in the coming months and years.”

In his Monday evening address, Ukrainian President Volodymyr Zelenskyy called on Ukrainians to tell people in the occupied territories “that the Ukrainian army will definitely come.”

“Tell them about Ukraine. Tell them the truth. Say that there will be liberation,” the president said.

Meanwhile, Ukrainian officials played down threats of possible food shortages in the country due to the ongoing conflict. While Ukraine lost 25% of its sown area as a result of Russia’ full-scale invasion, the country’s food security was “in no way” threatened, Taras Vysotsky, the first deputy minister of Agrarian Policy, said at a press briefing for Ukrainian media on Monday.

“Despite the loss of 25% of sown areas, the structure of crops this year as a whole is more than sufficient to ensure consumption, which in turn also decreased due to mass displacement and external migration,” Vysotsky said.

The deputy minister added that Ukraine has “already imported about 70% of essential fertilizers, 60% of plant protection products and about a third of the required amount of fuel” before the war erupted in late February. According to Vysotsky, current sowing volumes are enough to ensure domestic consumption and even exports.

Jun 13, 9:26 am
Bodies of tortured men exhumed in Bucha

Another mass grave has been dug up in Bucha, uncovering the bodies of seven men who authorities believe were tortured and killed during the bloody occupation of the city in March.

Police told ABC News their hands were tied with ropes behind their backs and they were shot in the knees and head.

“They were killed in a cruel way,” police spokesperson Iryna Pryanyshnykova said. “These were civilian victims. The people here were killed by Russian soldiers and later they were just put into a grave to try to hide this war crime.”

It’s not clear why the men were killed, Pryanyshnykova said.

She said experts will analyze DNA to identify the victims.

-ABC News’ Britt Clennett

Jun 13, 6:24 am
Zelenskyy: Ukraine fighting for ‘every meter’ of Severodonetsk

Russian forces have pushed the Armed Forces of Ukraine out of the center of Severodonetsk, Ukrainian officials said.

“They are pressing in Severodonetsk, where very fierce fighting is going on — literally for every meter,” Ukrainian President Volodymyr Zelenskyy said in an address on Sunday evening.

Russian forces now control about 70% of the city, as intense shelling makes mass evacuation and the transportation of goods impossible, Sergiy Haidai, another Ukrainian official, said.

Around 500 people, including 40 children, are sheltering in the city’s Azot chemical plant, Haidai said.

While the Ukrainians try to organize their evacuation, authorities of the self-declared Donetsk People’s Republic have given an ultimatum to Ukrainian troops in the city.

“They have two options: either follow the example of their colleagues and give up, or die. They have no other option,” said Eduard Basurin, deputy head of the People’s Militia Department of the DPR.

-ABC News’ Yulia Drozd and Tanya Stukalova

Jun 12, 5:33 pm
Zelenskyy sends virtual message to Sean Penn’s CORE benefit

Ukrainian President Volodymyr Zelenskyy addressed the annual Hollywood fundraiser for actor Sean Penn’s nonprofit Community Organized Relief Effort (CORE) Saturday night with a powerful video message urging people to continue to support Ukraine in its war against Russia.

“All of you have heard about the horrors that Ukraine is going through. Tens of thousands of explosions and shots, hundreds of thousands wounded and killed, millions who have lost their homes,” Zelenskyy said in his virtual speech. “All of this is not a logline for a horror film. All of this is our reality.”

Zelenskyy’s video message included footage showing missiles striking homes and apartment complexes in Ukraine, civilians dead in the streets of Ukrainian cities and children playing in parks amid the backdrop of bombed buildings.

Among those attending the CORE fundraiser, held at the Hollywood Palladium in Los Angles, were Penn and CORE co-founder Ann Lee, former President Bill Clinton, Los Angeles Mayor Eric Garcetti, singer John Legend, and actors Patrick Stewart and Sharon Stone.

The group said the event raised more than $2.5 million for CORE’s disaster relief and preparedness work, including its urgent humanitarian response in Ukraine.

Zelenskyy noted that Penn traveled to Ukraine at the start of the Russian invasion and witnessed the atrocities firsthand. He thanked Penn and his group for the continued support for Ukraine.

“We have been resisting it for 107 days in a row,” Zelenskyy said of Russia’s aggression in Ukraine. “We can stop it together. Support Ukraine, because Ukraine is fighting for the whole world, for democracy, for freedom, for life.”

Jun 12, 4:17 pm
Russia’s firepower superiority 10 times that of Ukraine’s in Luhansk: Military chief

Ukraine’s Armed Forces Commander-in-Chief Valeriy Zaluzhny said Sunday that he told his American counterpart, Gen. Mark Milley, U.S. Chairman of the Joint Chiefs of Staff, that Russian firepower superiority in the Luhansk region is far greater than that of Ukrainian forces.

Zaluzhny said that during a briefing he told Milley that Russian forces are concentrating their efforts in the north of the Luhansk region, where they are using artillery “en masse” and their firepower superiority is 10 times that of Ukraine’s.

“Despite everything, we keep holding our positions,” Zaluzhny said.

Zaluzhny also said Russia has deployed up to seven battalion tactical groups in Severdonetsk, a city in the Luhansk region. He said Russian shelling of residential areas in Kharkiv in northeast Ukraine has resumed.

Russian forces destroyed a second bridge leading into Severodonetsk and are now targeting a third bridge in an effort to completely cut off the city, Luhansk region Gov. Sergiy Haidai said Sunday. Ukraine’s army still controls around one third of the city, he said.

Haidai said that Ukrainian forces are still holding onto the Azot chemical plant in Severodonetsk, where around 500 civilians are taking shelter.

If Severodonetsk falls, Lysychansk will be the only city in the Luhansk region that remains under Ukraine’s control.

Zaluzhny said that as of Sunday, the front line of the war stretched 1,522 miles and that active combat was taking place on at least 686 miles of the front line.

Zaluzhny said that during his briefing with Milley, he reiterated Ukraine’s urgent request for more 155 mm caliber artillery systems.

Jun 12, 12:48 pm
Russian cruise missile attack confirmed in western Ukraine

Russia claims a cruise missile strike destroyed a large warehouse in western Ukraine storing weapons supplied to the Ukrainians by the United States and European allies.

While police in the Ternopil region of Ukraine, where at least one cruise missile hit, told ABC News that no weapons were destroyed, the region’s governor said part of a military facility was damaged.

Ternopil’s governor Volodymyr Trush posted a video showing widespread damage from what he said were four Russian missiles launched Saturday from the Black Sea. Trush said 22 people were wounded, including a 12-year-old child, in the missile strikes.

In addition to the military facility, Trush said four five-story residential apartment buildings were damaged. One of the missiles hit a gas pipeline, he said.

Russia’s defense ministry said Kalibr high presicion sea-based, long-range missiles struck near Chortkiv in the Ternopil province and destroyed a large warehouse full of anti-tank missile systems, portable anti-aircraft missile systems and artillery shells supplied by the United States and European countries.

Copyright © 2022, ABC Audio. All rights reserved.