The Dominant Dollar Faces a Backlash in the Oil Market
Updated Dec. 28, 2023 12:00 am ET Some major emerging economies are dabbling in trading commodities without using the dollar, as they seek to reduce...
Gold gains as US dollar, yields slip; focus on jobs data
(Reuters) – Gold firmed on Thursday as the U.S. dollar and Treasury yields retreated on raised bets that the Federal Reserve may be done raising...
PRECIOUS-Gold set to mark best week in 7 months as markets price in end of Fed hikes
* Gold up 3% this week * Silver eyes first weekly gain in three * Platinum, palladium set for weekly losses (Recasts, adds comment, updates...
Consumers buckling for first time in decade: Former Walmart U.S. CEO
The draw of bargains may be fading. As three of the nation’s biggest retailers kick off a key sales week, former Walmart U.S. CEO Bill...
Russia’s Putin hails ties as he meets UAE president | Vladimir Putin News
Russia’s Putin praises cooperation during talks about OPEC+ and the Ukraine war with Sheikh Mohammed bin Zayed Al Nahyan. Russian President Vladimir Putin has hailed...
Inflation is a global problem, here’s how central banks are addressing it
New York CNN Business — Just like misery, inflation loves company. And as price increases linger near 40-year highs, the United States has plenty of...
UN chief warns world is one step from `nuclear annihilation’
UNITED NATIONS (AP) — The United Nations chief warned Monday that “humanity is just one misunderstanding, one miscalculation away from nuclear annihilation,” citing the war...
Global Inflation Could Bring a Worldwide Depression, George Soros Says
Text size George Soros, speaking in Davos on Tuesday. Fabrice Coffrini/AFP/Getty Images DAVOS, SWITZERLAND—There is trouble brewing in China that may cause a global depression,...
Lebanese central bank gold reserves worth $17.5 billion at the end of February – cbank chief
FILE PHOTO: Lebanon’s Central Bank Governor Riad Salameh speaks during an interview for Reuters Next conference, in Beirut, Lebanon November 23, 2021. REUTERS/Mohamed Azakir BEIRUT...
Economic dangers from Russia’s invasion ripple across globe
WASHINGTON (AP) — Moscow’s war on Ukraine and the ferocious financial backlash it’s unleashed are not only inflicting an economic catastrophe on President Vladimir Putin’s...