Category: Business

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Russian Diesel Is Europe’s New Embargo Target

The coming ban on Russian exports of refined oil products could strain energy markets and crimp Russia’s output.  » mehr lesen

The Fed Raises Rates a Quarter Point and Signals More Ahead

America’s central bank has shifted into a new phase, raising rates more slowly as inflation shows signs of moderating.  » mehr lesen

Memphis Gathers in Grief at Tyre Nichols’s Funeral

His death after he was beaten by the police inspired anger and sorrow across the country. His family remembers him as a “beautiful soul.”  » mehr lesen

Meta Stock Surges After Announcing $4.2 Billion Restructuring Charge

The company, which is in the midst of shifting to become a metaverse business, also forecast revenue would beat Wall Street predictions.  » mehr lesen

Stock Market’s Newfound Optimism Faces Test as Fed Meets

Recent stock gains have been driven by hope that a rate-raising cycle may be over. The Fed keeps telling investors that it’s not.  » mehr lesen

BBC Arabic Radio Airs Final Broadcast After 85 Years

The move came as part of cost-cutting measures under which the news service is also ending its radio programming in 10 other languages, including Persian, Chinese and Hindi.  » mehr lesen

What Fed Rate Increases Mean for Mortgages, Credit Cards and More

Savers will benefit and borrowers can expect to pay more on credit cards, student loans and other forms of debt.  » mehr lesen

The Unlikely New TikTok Influencers: Old-School Watch Dealers

Their rapid-fire haggling in Manhattan’s diamond district teases the fantasy of making a market, rather than just being subject to it.  » mehr lesen

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