NY stocks sink amid inflation woes, Treasuries yield rise; Stock markets tumbled and yields on US Treasuries rose after inflation picked up for the sixth straight month and the Russian attack on Ukraine showed no signs of abating. Oil fell and...
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War could help boost Biden's spending plan, says Goldman Sachs The odds for US President Joe Biden's Build Back Better spending plan have increased as a result of the war in Ukraine, according to economists at Goldman Sachs (GS). The prospect of...
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War drives up risk aversion, increases demand for bonds and gold The weekend approaches with great tension in the geopolitical scene, culminating with the Russian attacks - and its subsequent occupation - on the Zaporizhzhia nuclear power plant,...
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Oil hits $110 with global sanctions against Russia Oil prices extended a relentless rally above $110 a barrel ahead of an OPEC+ meeting, with signs that the disruption to Russian supplies is worsening. Futures in London and New York jumped above...
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Fed: Officials point to interest rate hikes in March despite conflict in Ukraine Federal Reserve officials have signaled that they remain on track to raise interest rates next month despite the uncertainty imposed on the global economy by Russia's...
Read MoreCompanies prepare for longer inflation after covid in the US As US businesses and consumers grapple with the highest inflation in four decades, some companies are already betting these cost increases will last longer than many economists are...
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U.S. unemployment insurance claims rise unexpectedly Unemployment insurance claims in the United States unexpectedly increased for the first time since mid-January, mostly concentrated in a few southern and midwestern states, while in most other...
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