Asia stocks surge, Europe opens lower after oil prices rise
NEW YORK -- Know-how corporations led stocks lower Thursday after one other day of uneven buying and selling on Wall Avenue as world markets maintain...
Yet another 4-decade inflation high is expected for February
WASHINGTON -- Propelled by surging prices for fuel, meals and housing, shopper inflation jumped 7.9% over the previous yr, the sharpest spike since 1982 and...
Biden’s inflation plan upends thinking on jobs sent overseas
WASHINGTON -- President Joe Biden has an answer for prime inflation that appears counterintuitive: Convey manufacturing unit jobs again to the U.S. This challenges a...
Europe faces pressure to join US, British ban on Russian oil
BRUSSELS -- Europe faces a troublesome alternative: Is it value a recession to choke off oil and fuel cash to Russia whereas it fights a...
Asian shares mixed amid Ukraine, sanctions, energy worries
TOKYO -- Asian shares had been mixed Monday as Western nations moved to tighten sanctions in opposition to Russia and President Vladimir Putin escalated tensions...
Biden’s Russia sanctions may let Moscow profit from oil, gas
There's a evident carve-out in President Joe Biden's sanctions in opposition to Russia: Oil and pure gas from that nation will proceed to circulate freely...
Key inflation gauge hit 6.1% in January, highest since 1982
WASHINGTON -- An inflation gauge that's intently monitored by the Federal Reserve jumped 6.1% in January in contrast with a 12 months in the past,...
Asia shares rise after US rebound amid sanctions on Ukraine
TOKYO -- Asian shares principally rose Friday after U.S. shares recovered towards the tip of a wild buying and selling day, as governments slapped sanctions...
Russia-Ukraine conflict raises big risks for global economy
WASHINGTON -- Simply what a susceptible world economy didn’t want — a conflict that accelerates inflation, rattles markets and portends bother for everybody from European...
A 10% drop for stocks is scary, but it’s not that rare
NEW YORK -- The concerns rocking Wall Road about rates of interest, inflation and now Ukraine have despatched the S&P 500 index — probably the...