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NEW YORK (AP) — U.S. markets appear headed for a sharply lower open Thursday, one day after the Federal Reserve raised its key interest rate by three-quarters of a point and signaled more rate hikes were coming to fight inflation.

Central banks in Europe are following along, including a surprise rate hike Thursday in Switzerland, a nation that has left interest rates unchanged for years.

Futures for the Dow Jones industrials tumbled 1.7% and futures for the S&P 500 skidded 2.1%.

European benchmarks and most Asian markets also fell, as did the price of oil.

UNITED NATIONS, Jun 15 (APP): UN Secretary-General Antonio Guterres has termed renewable energy as “the peace plan of the 21st century”, as he underscored the need for abandoning the funding of fossil fuel funding.

The UN chief was speaking at the Sixth Austrian World Summit on the climate crisis, convened by the Austrian Government and former Governor of California and Hollywood actor turned climate activist, Arnold Schwarzenegger, in Vienna.

BUFFALO, N.Y. (AP) — The white gunman who killed 10 Black people in a racist attack at a Buffalo supermarket was charged Wednesday with federal hate crimes and could face the death penalty if convicted.

NEW YORK (AP) — The price of bitcoin and other cryptocurrencies crumbled Monday, after a major cryptocurrency lender effectively failed and halted all withdrawals from its platform, citing “extreme market conditions.”

It’s the latest high-profile collapse of a pillar of the cryptocurrency industry. These meltdowns have erased tens of billions of dollars of investors’ assets and spurred urgent calls to regulate the freewheeling industry.

ALBANY, N.Y. (AP) — Four Republican candidates for New York governor faced off Monday in their first televised debate, trying to bruise each other — and Democrats — with two weeks to go until the state’s primary election.

Some of the sharpest exchanges of the night came between U.S. Rep. Lee Zeldin and businessman Harry Wilson, who has said he didn’t vote for Donald Trump in 2020.

NEW YORK (AP) — The New York attorney general’s lawsuit against the National Rifle Association is no mere “witch hunt,” a New York judge ruled Friday in dismissing the gun rights advocacy group’s claims that the case is a political vendetta.

Manhattan Judge Joel M. Cohen’s decision means the nearly 2-year-long legal fight can continue.

The ruling comes after mass shootings last month in New York and Texas reanimated debate over U.S. gun policy and refocused attention on the NRA.

UNITED NATIONS, Jun 10 (APP): Pakistan, speaking on behalf of Group of 77 (developing countries) and China, has called for boosting efforts for sustainable recovery in the coronavirus-hit countries and to accomplish U.N.’s 2030 agenda aimed at ending poverty in all its forms.

“We must accelerate our efforts to reach the furthest behind first,” Ambassador Aamir Khan, acting permanent representative of Pakistan to the UN, told the annual session of the executive boards of three UN funds and programmes.

UNITED NATIONS, Jun 10 (APP): UN Secretary-General Antonio Guterres appointed Navid Hanif of Pakistan to the high post of Assistant Secretary-General for Economic Development in the Department of Economic and Social Affairs, the UN announced on Friday.

UNITED NATIONS, June 9 (Reuters) - China's U.N. envoy said on Thursday that Beijing does not want to see North Korea carry out a new nuclear test, which is partly why China vetoed a U.S.-led bid to impose new U.N. sanctions on Pyongyang over renewed ballistic missiles launches.

But Ambassador Zhang Jun warned against making presumptions on how Beijing might react at the United Nations if North Korea goes ahead with its first nuclear test since 2017. Washington has warned such a test could happen at "any time" and it would again push for more U.N. sanctions. 

NEW YORK (AP) — Promised: New footage. New testimony. New and damning revelations designed to eliminate all doubt. Hired to package it all for the airwaves: A former network news president. The time slot: 8 p.m. on the East Coast, once a plum spot for the most significant television programming in the land.