McDonald's arrived in Moscow when Russia was still part of the Soviet Union. Tens of thousands of customers stood in line when its first restaurant opened on Jan. 31, 1990, at Moscow's Pushkin Square. Vitaly Armand/AFP via Getty Images hide caption
Economy
Elon Musk says he wants to see more details about the number of fake accounts on Twitter before his deal to buy the social media platform goes through. He's seen here last week, arriving for the 2022 Met Gala at the Metropolitan Museum of Art in New York. Angela Weiss/AFP via Getty Images hide caption
Elon Musk says he's put the blockbuster Twitter deal on pause over fake accounts
A mural of Elon Musk in downtown Brownsville by Alexander Gonzalez-Hernandez. Gaige Davila/ Texas Public Radio hide caption
A sign displays gas prices at a gas station on May 10 in Chicago, Illinois. Scott Olson/Getty Images hide caption
Inflation Is Still High. Why That Hits Low-Income Americans Hardest.
Federal Reserve Chair Jerome Powell speaks during a news conference in Washington, D.C., on May 4. Powell was confirmed by the Senate to a second term leading the central bank. Fighting inflation will define his legacy. Jim Watson/AFP via Getty Images hide caption
Fed Chair Jerome Powell is confirmed for a 2nd term. Inflation will be his focus
Kevin Dole works from home next to his wife's bureau and near his drum set in the couple's small two-bedroom condo in Nashville, Tennessee. Chelsea Fitzgerald-Dole hide caption
A mural of Elon Musk in downtown Brownsville by Alexander Gonzalez-Hernandez. Gaige Davila/ Texas Public Radio hide caption
SpaceX's plans to launch near Brownsville, Texas, have sent house prices sky high
The soaring costs of basic necessities such as food and housing are disproportionately hitting people with lower incomes. Here, a house is available for rent in Los Angeles on March 15. Mario Tama/Getty Images hide caption
Inflation may be easing — but low-income people are still paying the steepest prices
Joseph Charles, owner of Rock City Pizza in Boston, managed to survive the pandemic, only to find his place doing even worse now because of inflation. Tovia Smith/NPR hide caption
The Senate confirmed economist Cook to serve on the Federal Reserve's board of governors, making her the first Black woman to do so in the institution's 108-year history. Ken Cedeno/Pool Photo via AP hide caption
Lay Guzman stands behind a partial protective plastic screen and wears a mask and gloves as she works as a cashier at the Presidente Supermarket on April 13, 2020 in Miami, Florida. Joe Raedle/Getty Images hide caption
President Biden laid out his plan to tamp down on inflation and rising costs in a speech at the White House Tuesday. Manuel Balce Ceneta/AP hide caption
A gas pump is seen in a station on Feb. 1 in Houston. Gasoline prices hit a new national record, not adjusted for inflation, surpassing the previous peak set around two months ago. Brandon Bell/Getty Images hide caption
Traders work on the floor of the New York Stock Exchange in New York City on Friday. Stocks slumped again on Monday as fears about inflation are proving hard to tamp down. Spencer Platt/Getty Images hide caption
A woman prepares to fuel up at a gas station in East Dundee, Ill., on March 19. Nam Y. Huh/AP hide caption