Britain pursues ‘trickle-down economics’ despite scorn from Biden. And the stakes are sky-high
British Prime Minister Liz Truss and U.S. President Joe Biden formally met for the first time at the United Nations…
Uber Has Launched Uber Restore, a Special App in Ukraine to Help Transport Art Conservators
The Russian invasion still poses a major threat to museums, historic sites, and other cultural heritage in Ukraine. Now, an…
Stocks close higher for fourth straight session ahead of key inflation report, Dow rises 200 points
21 Min Ago S&P 500 and Nasdaq put together first 4-day advance in 2+ months The S&P 500 rose Monday…
Ukraine offensive ‘snowballs’ with fall of Russian stronghold
Ukrainian troops advance in Kharkiv Oblast on Friday, Sept. 9. The country’s soldiers have burst through Russia’s lines and liberated…
Queen Elizabeth II’s death marks a new era for Britain, beset by economic uncertainty
Crowds gather in front of Buckingham Palace to pay their respects following the death of Queen Elizabeth II in Balmoral,…
European Central Bank raises rates by 75 basis points to tackle soaring inflation
The ECB announced a second consecutive interest rate rise to combat red-hot inflation. Daniel Roland | Afp | Getty Images…
‘You’ve got to eat’: Energy bills are squeezing businesses and people as UK costs soar
A high street decorated with British Union Jack bunting in Penistone, UK. The End Fuel Poverty Coalition has warned “a…
Germany has worked hard to shore up winter gas supplies — and it’s ahead of schedule
European governments are scrambling to fill underground storage with gas supplies to provide households with enough fuel to keep homes…
‘Floundering, not drowning’: Economists divided on prognosis for Russian economy
Russian President Vladimir Putin meets with head of Federal Financial Monitoring Service (Rosfinmonitoring) Yury Chikhanchin at the Kremlin in Moscow,…
Could China’s Currency Be The New World Reserve?
Get your free subscription to Morning Brew at https://morningbrewdaily.com/economicsexplained Since the end of world war 2 the US dollar has…
Critical inflation report could show price increases have eased
People shop in a supermarket as inflation affected consumer prices in New York City, June 10, 2022. Andrew Kelly |…
3 charts show Europe’s unprecedented natural gas crisis
Europe is facing an unprecedented gas crisis. Picture Alliance | Picture Alliance | Getty Images Europe is facing an unprecedented…
Outraged by strike on Odesa, Ukraine still prepares to resume grain exports
A general view shows a fire engine at a scene of a burning building after a shelling, as Russia’s invasion…
European Central Bank action faces stiff early test as the economy teeters on the brink of recession
President of the European Central Bank (ECB) Christine Lagarde speaks during a news conference following the ECB’s monetary policy meeting,…
European Central Bank surprises markets with larger-than-expected rate hike, its first in 11 years
The European Central Bank is increasing interest rates for the first time in 11 years. But in Italy, political turmoil…
‘He’s Entitled to His Opinion’: We Spoke to the Fan Artist Who Went Viral After Music Legend David Crosby Insulted His Tribute Portrait
David Crosby, of the band Crosby Stills and Nash, has become the subject of widespread derision for his insulting response…
‘Russia is blackmailing us’: EU asks member states to ration energy as Putin tightens grip on gas supplies
Ursula von der Leyen, president of the European Commission, said that it is likely that Russia will end its gas…
Goldman Sachs crushes analysts’ expectations on strong bond trading results, shares rise 3%
Goldman Sachs on Monday posted profit and revenue that exceeded analysts’ estimates as fixed income traders generated roughly $700 million…