Yes, the Federal Reserve is going to raise rates on Wednesday. But Wall Street is focused on what it has planned for the rest of this year and beyond. » mehr lesen
The Federal Reserve is raising interest rates to fight inflation. Some economists want more; some politicians want less. What’s the logic? » mehr lesen
After freezing energy bills for households, the British government said it would “stop businesses collapsing” by limiting an expected rise in the price of electricity and natural gas. » mehr lesen
The utility company, once Germany’s largest importer of Russian gas, has been squeezed since Moscow cut the flow of the fuel, leading to a full takeover after a partial bailout in July....
Italy’s largest refinery, owned by Russia’s Lukoil, has lost financing because of sanctions. Now, it faces the cutoff of its crude supply, putting thousands of jobs at risk. » mehr lesen
Spending by European companies on new factories and other “greenfield” investments, long a key source of capital and technology for the Chinese economy, is falling steeply. » mehr lesen
The defendants were charged with stealing $240 million intended to feed children, in what appears to be the largest theft so far from a pandemic-era program. » mehr lesen
