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IMF Warns Ukraine-Russia War Will Likely Slow Global Growth

The economic fallout from Russia’s invasion will depend on the outcome of the war and the duration of the sanctions.  » mehr lesen

European Central Bank Speeds Up Exit From Bond-Buying as Inflation Soars

The European Central Bank is moving ahead with plans to end its bond-buying programs amid rising inflation.  » mehr lesen

Inflation Rises to 7.9 Percent for February 2022

Consumer Price Index inflation has been boosted by gas prices but also by increases across a wide variety of products and services.  » mehr lesen

Stellantis stops car shipments to and from Russia.

The automaker has been making delivery vans in Russia, but its chief has said production is likely to halt because of a lack of parts.  » mehr lesen

The Labor Department wants to investigate crypto in retirement plans.

Cryptocurrencies aren’t widely used in workplace retirement plans, but the department worries about separating “the facts from the hype.”  » mehr lesen

Spirit-Frontier Merger Could Hurt Airline Competition, Legislators Say

A group of progressive senators and House members urged federal officials to scrutinize the plan, saying it could harm travelers and workers.  » mehr lesen

Iraqi Minister Says High Oil Prices Could Speed the Shift to E.V.s

Whatever the short-term benefits for producers, the market upheaval could accelerate the transition away from oil, he says.  » mehr lesen

Russia’s War in Ukraine Raises Gas Prices and Unsettles Stocks

The price of gasoline is climbing and the markets are adjusting to gloomier prospects as the war in Ukraine grinds on.  » mehr lesen

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