Kudlow: Jay Powell is talking the talk, but he's not walking the walk
FOX Business host Larry Kudlow weighs in on the cause of record-high inflation on 'Kudlow.'
Goldman Sachs makes OTC crypto trade, a first for major Wall Street Bank
Goldman Sachs has executed its first over-the-counter cryptocurrency transaction, marking a significant step towards possible wider adoption among major Wall Street banks.
'Do the right thing': How US, allies united to punish Putin
International officials met in February to map out a strategy to financially cripple Russian President Vladimir Putin amid Russia's invasion of Ukraine, a strategy that sparked the global economic war against Putin.
Russia may have avoided historic, $117M debt default for now
Russia appears to have averted a historic debt default after claiming on Friday that it fulfilled a critical interest rate payment on two dollar-denominated bonds.
Koch to continue running 2 glass facilities in Russia
Koch Industries is planning to continue running two glass manufacturing facilities in Russia, saying it doesn't want to hand over the plants to the Russian government.
Fewer Americans filed for jobless claims last week
Jobless claims fell to 214,000 by the end of last week as layoff numbers continue to decline.
Russia claims it made a critical bond payment to avoid $117M debt default
Russia claimed on Thursday that it had fulfilled a critical interest rate payment on two dollar-denominated bonds, potentially avoiding a historic debt default.
Fed's Powell inflation message clashes with White House
Federal Reserve Chair Jerome Powell said recent holdups at the Fed don't impact the ability to fight inflation — which is not what the White House has said.
Russia on verge of $150B debt default as sanctions cripple economy
Russia spirals closer to a historic debt default that could ripple throughout the global economy after the U.S. and its European allies hit the Kremlin with a slew of crippling financial sanctions.
Larry Summers' new warning: Fed heading for 'stagflation and recession'
Former Treasury Secretary Larry Summers slammed the Federal Reserve Wednesday for being too timid in its fight against inflation.
McConnell to Biden: Pull 'radical and unacceptable' Fed nominee Raskin, who wants to 'raise gas prices'
Senate Minority Leader Mitch McConnell Tuesday said President Biden should "admit" his mistake and withdraw Fed nominee Sarah Bloom Raskin.
Chinese stocks plunge on COVID-19 fears, concerns over Beijing and Moscow's relationship
Chinese stocks took a dive on Monday as the country combats its worst COVID-19 outbreak in two years and concerns grow over Beijing's close relationship with Moscow.
Russia warns Western companies of arrests, asset seizures over government criticism
Russian prosecutors have issued stern warnings to Western businesses operating in Russia, threatening to arrest corporate leaders who criticize the Kremlin or to seize the assets of companies that pull out of the nation.
Kudlow: The story of Joe Biden's Washington will likely end badly
FOX Business host Larry Kudlow slams Biden over record-high inflation on 'Kudlow.'
Russia suspends foreign currency sales as ruble crashes amid economic fallout over Ukraine invasion
Russia’s central bank, faced with unprecedented sanctions and a plummeting ruble, said Wednesday it was suspending the sale of foreign currencies through September.
Some Western companies decline to join corporate exodus from Russia over Ukraine invasion
The corporate exodus from Russia continued Tuesday as McDonald's, Coca-Cola, Starbucks, and Pepsi announced that they are temporarily suspending business in Russia over Putin's invasion of Ukraine.
Dollar firm, euro hits 22-month low, ruble at record low
The euro was pinned near a 22-month low on Tuesday as war in Ukraine has darkened Europe's economic outlook, while commodity currencies took a breather in their weeks-long rally.
Russian sanctions: Will they curb Putin's aggression? Experts weigh in
The United States and its Western allies have imposed crippling sanctions against Russia over its invasion of Ukraine.
Dollar broadly firmer, euro extends slide early Monday
The euro extended its slide early Monday, hitting parity against the safe haven Swiss franc, and commodities of all stripes were on the rise as the Russian-Ukraine conflict showed no sign of cooling.
PayPal shuts down its services in Russia, citing Ukraine aggression
PayPal joins a growing list of companies shutting down business in Russia in response to Ukraine invasion.