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Russia took control of the international consortium behind the giant Sakhalin-2 oil-and-natural-gas project, handing it to a new Russian entity that will effectively give the Kremlin say over which foreign …
Russia Takes Control of International LNG Project Read More
Mortgage rates declined this week but remain near multiyear highs, helping make it the least affordable time to purchase a home since before the financial crisis. The average rate on …
Mortgage Rates Drop After Three Weeks of Increases Read More
Global markets closed out their most bruising first half of a year in decades, leaving investors bracing for the prospect of further losses. Accelerating inflation and rising interest rates fueled …
Markets Post Worst First Half of a Year in Decades Read More
Mortgage rates are cooling off after sharply rising. But expect home prices to start slowing, and even dropping, in some of the most overheated markets in the country over the …
The cities where home prices are poised drop in the next couple of years, according to one expert Read More
US stocks opened sharply lower on Thursday following the release of closelywatched inflation data, while Wall Street was headed for its worst first half of the year in more than …
Dow down more than 500 points as brutal first half comes to close Read More
Consumer Spending Gains Cooled in MayThe Wall Street Journal Income and spending rose less than prices in May.The New York Times Consumer spending rises less than expected in May, PCE …
Consumer Spending Gains Cooled in May – The Wall Street Journal Read More
US stock futures fell as investors rebalanced portfolios ahead of the end of a grueling first half and considered updated readings on consumer spending and inflation. Futures tied to the …
Stock Futures Drop on Final Trading Day of Grueling Quarter Read More
Federal Reserve Chairman Jerome Powell said he was more concerned about the risk of failing to stamp out high inflation than about the possibility of raising interest rates too high …
Powell Says Fed Must Accept Higher Recession Risk to Combat Inflation Read More
US stock indices pushed higher after a wobbly start Wednesday, leaving Wall Street potentially on to gain ground after back-to-back losses, as investors tune in to remarks by central bankers …
US stocks push higher as Powell sees path back to 2% inflation while sustaining strong labor market Read More
Oil tanks at Volodarskaya LPDS production facility in the village of Konstantinovo in the Moscow region on June 8. Photo: MAXIM SHEMETOV / REUTERS The US and Europe have been …
An Oil Price Cap for Russia? Read More