US STOCKS-S&P 500 flat as Apple, energy shares weigh
[ad_1] (For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Eli Lilly falls...
US Stocks: Wall Street slips on losses in Apple, energy shares
[ad_1] Wall Street edged lower on Thursday in choppy trading as losses in Apple Inc and energy companies dampened the bullish resolve of the major...
Opinion: The Fed’s inflation promises are simply not credible
With inflation running high for the last 14 months, we can sadly conclude it’s entrenched, will be difficult to conquer and is hardly the province of...
Today’s Energy Crisis Spells Disaster For The Global Economy
It is my view that when energy supply falls, it falls not because reserves “run out.” It falls because economies around the world cannot afford...
The Problem with the Current Russia Sanctions Regime by Mohamed A. El-Erian
There is much debate about the effectiveness of Western sanctions, the Ukraine war’s implications for markets and the global economy, and what the West’s next...
Looming Gas Crunch Poses ‘Historic Test’ for Europe, IEA Says
Updated July 18, 2022 9:53 am ET Listen to article (2 minutes) European nations must take urgent and coordinated action to avert a potentially disastrous...
Yellen warns inflation in the U.S. is ‘unacceptably high’
BALI, Indonesia — U.S. Treasury Secretary Janet Yellen has warned that inflation in the U.S. is “unacceptably high” and said bringing down rising prices will...
Yellen says price cap on Russian oil can help address inflation
BALI, Indonesia — A cap on Russian oil prices will be crucial to help bring down inflation as U.S. consumer inflation soared to a 40-year...
When will inflation peak? Consumers and economists see light at the end of the tunnel (it’s a long tunnel)
Consumers think inflation still has to boil over before it cools, according to the Federal Reserve Bank of New York’s latest read on people’s economic...
The Fed’s Plan To Raise Interest Rates To Combat Inflation Could Backfire
Are we headed for very high energy prices? Or, are we headed for a financial system that starts falling apart? The whole economic system may...