Stocks open higher after Powell hints at more aggressive rate hikes
U.S. stocks advanced Tuesday as investors continued to weigh hawkish remarks from Federal Reserve Chair Jerome Powell alongside the ongoing war in Ukraine. The S&P 500 inched 0.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} higher to…
Leaving Russia: the key questions facing multinationals
Volodymyr Zelensky’s message was blunt. Western firms have to depart Russia immediately “because it is flooded with our blood”, the Ukrainian president instructed the US Congress previous 7 days. These…
Russia’s Ukraine invasion expected to have ‘huge impact’ Jersey Shore’s economy
From spiking oil and wheat price ranges to a potential shortage of neon gasoline wanted for already-scarce semiconductors, the war in Ukraine is using a toll on the world economic…
Stock futures fall, but indexes head for weekly gains
U.S. stock futures fell Friday morning to give back some gains after a three-day winning streak. However, the major equity indexes still headed for weekly advances as traders took favorably…
Stock futures drift, oil rises as Wall Street digests Fed rate hike
U.S. stock futures stumbled in pre-market trading Thursday following a pivotal session on Wall Street marked by the Federal Reserve’s long-anticipated move to hike short-term interest rates for the first…
‘Conditions on the ground are worsening every day’
As Russia’s invasion of Ukraine intensifies with shelling of towns, the CEO of a personal protection contractor employed to extract consumers from the area is troubled by what he is…