Wall Street Slumps As Spiraling Inflation Cements Rate Hike Bets
By Devik Jain and Sabahatjahan Contractor (Reuters) – The tech-heavy Nasdaq fell nearly 2% on Thursday as U.S. inflation rose…
Reuters
Russia Bans Car, Airplane Exports Until End-2022, TASS Says
(Reuters) – The Russian government has banned exports of cars, airplanes and drones until the end of this year, the…
Gasoline, Rents Boost U.S. Consumer Prices, More Pain To Come
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices surged in February, with Americans digging deeper into their wallets to…
Analysis-Oil Shock Is Coming, But U.S. May Have Already Paid For It
By Howard Schneider WASHINGTON (Reuters) – The gusher of money the U.S. government poured into family bank accounts during the…
Russia’s Central Bank Tightens Access To Hard Currency Further
(Reuters) – Russia’s central bank said on Thursday that it was introducing restrictions on local firms’ access to foreign-currency cash…
Euro Eases Following ECB Meeting, While Dollar Rises After Inflation Data
By John McCrank and Julien Ponthus NEW YORK (Reuters) – The euro retreated from its overnight gains on Thursday following…
ECB Pushes On With Stimulus Exit At Ukraine “watershed” Moment
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – The European Central Bank will end asset purchases in the third…
GE Reaffirms 2022 Earnings Forecast Despite Challenges
By Rajesh Kumar Singh GREENVILLE, S.C. (Reuters) – General Electric Co on Thursday reiterated its 2022 earnings forecast, but said…
Shell And BP Cut Spot German Diesel Sales On Shortage Fears
By Rowena Edwards and Julia Payne LONDON (Reuters) – Oil majors BP and Shell have held back from offering spot…
Britain Sanctions Chelsea FC’s Abramovich; Miner Rio Cuts Russia Ties
By Michael Holden and Praveen Menon (Reuters) – Britain froze the assets of Roman Abramovich, owner of Chelsea soccer club,…