Fed’s Powell: Russia’s war on Ukraine will worsen inflation
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell warned Thursday that Russia’s invasion of Ukraine, which has already driven up…
2022
Fed’s Powell: Ukraine War Impact Uncertain But Could Hit Spending, Investment
By Howard Schneider WASHINGTON (Reuters) – Russia’s war in Ukraine could hit the U.S. economy across a variety of channels…
Musk invites auto union to hold organizing vote at factory
DETROIT (AP) — Elon Musk is inviting the United Auto Workers union to hold an organizing vote at Tesla’s factory…
No Restrictions On Paying Debts To Non-residents In FX, Says Russian Central Bank
MOSCOW (Reuters) – No restrictions stopping people from paying debts in foreign currency to a foreign company or bank have…
Sacklers To Pay Up To $6 Billion To Resolve Purdue Opioid Lawsuits – Mediator
By Jonathan Stempel (Reuters) – The Sackler family owners of Purdue Pharma LP reached a deal with nine attorneys general…
Citigroup Unsure About Future Of Ukraine Business, Wary Of Cyber Threat -CEO
NEW YORK (Reuters) – Citigroup is uncertain how long it will be able to keep its operations in Ukraine running…
U.S. Weekly Jobless Claims Decline Further As Labor Market Tightens
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits dropped to their lowest…
Twitter expands Birdwatch, its crowdsourced fact check pilot
Twitter is expanding Birdwatch, its crowd-sourced fact checking project it started as a small and little-publicized pilot program more than…
Saudi Crown Prince Plays The Oil Card In Quest For U.S. Recognition
By Marwa Rashad, Samia Nakhoul and Ghaida Ghantous DUBAI (Reuters) – Saudi Arabia’s crown prince says he simply doesn’t care…
Best Buy reports Q4 sales miss hurt by supply chain clogs
NEW YORK (AP) — Best Buy reported a shortfall in sales for the holiday quarter as the nation’s largest electronics…