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Economy
Russia’s Gazprom cuts off Finland from gas supply amid NATO application
France Ambassador for International Investment Pascal Cagni discusses the French economy and energy independence. Russia has cut off Finland's natural gas after the Scandinavian country made clear its desire to join NATO and refusal…
NY’s minimum wage set to increase in 2022. Here’s where and by how much
Biden applauds $15 an hour wage hikeVice President Joe Biden applauded New York Gov. Andrew Cuomo for approving plans to raise the minimum wage of fast-food employees to $15. (Sept. 10)APNew York’s minimum wage is set to increase on Dec.…
Exclusive: U.S. will allow two companies to ship Venezuelan oil to Europe
HOUSTON/WASHINGTON, June 5 (Reuters) - Italian oil company Eni SpA and Spain's Repsol SA could begin shipping Venezuelan oil to Europe as soon as next month to make up for Russian crude, five people familiar with the matter said,…
Asia in cautious mood as Omicron spreads, U.S. CPI looms
An electronic stock quotation board is displayed inside a conference hall in Tokyo, Japan November 1, 2021. REUTERS/Issei KatoRegister now for FREE unlimited access to reuters.comRegisterAsian stock markets :Asia shares ease, but U.S.…
Venezuela to export diluted crude after 9-month pause, document shows
An oil tanker is seen at Jose refinery cargo terminal in Venezuela in this undated file photo. REUTERS/Jorge SilvaRegister now for FREE unlimited access to Reuters.comRegisterJan 10 (Reuters) - Venezuelan state-run oil firm PDVSA this…
Now Is No Time to Raise Interest Rates
With year-to-year inflation now at 40-year highs, part of the debate is settled: Inflation is higher and longer-lasting than the Federal Reserve or the Biden administration expected. That they and so many other economists failed to…
U.S. cuts off Ethiopia, Mali, Guinea from Africa duty-free trade program
Tadele Abate, 37, weaves a fabric at the Sammy Ethiopia hand made garments, hand-woven textiles and basketry factory in Addis Ababa, Ethiopia, October 14, 2021. REUTERS/Tiksa NegeriRegister now for FREE unlimited access to…
Confused about the economy? Here’s what you need to know
"When y'all think they going to announce that we going into a recession?" the rapper tweeted this week. We wish we knew the answer, Cardi. After all, recession forecasting has become the national pastime of economists, market analysts,…
Consumer sentiment plunges to record low amid surging inflation
Rising inflation continues to frustrate consumers, who are growing tired of shelling out more money -- and they are becoming increasingly despondent in the process.Record gas prices helped push down the consumer sentiment index from 58.4…