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Europe is talking about joining the Russian oil embargo
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| Europe will consider joining a US-led embargo of Russian oil this week as the West looks for new ways to punish President Vladimir Putin for waging his devastating war in Ukraine. Read more » |
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Fed Chairman Powell: We need to raise interest rates quickly
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| The Federal Reserve needs to move quickly to raise interest rates and normalize its monetary policy, according to Fed Chairman Jerome Powell. Read more » |
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Chinese stocks are on a roller coaster with no end in sight
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| US-listed Russian stocks have been in freefall following the invasion of Ukraine — but it's not the only nation whose stocks are getting whipsawed. Read more » |
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War. Inflation. Covid. CEOs' optimism is dimming
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| Just a few months ago, optimism among American CEOs hit record highs. But given stubbornly high inflation, Russia's invasion of Ukraine and a Covid wave in Europe, that sunny outlook has dimmed. Read more » |
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Zelensky calls out Nestlé over its ties to Russia
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| Ukrainian President Volodymyr Zelensky is calling out Nestlé for the Swiss company's continued relationship with Russia. Read more » |
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Buffett's Berkshire Hathaway is buying insurer Alleghany for $11.6 billion
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| It may not be the "elephant-sized" deal that Warren Buffett has long promised, but Berkshire Hathaway is making its biggest acquisition in years: it's buying insurer Alleghany for $11.6 billion in cash. Read more » |
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