Fed raises interest rates for first time in 3 years, projects 6 more hikes as inflation soars
The Federal Reserve on Wednesday announced it will raise rates for the first time since 2018, bringing to an end the ultra-easy monetary policy put in place two years ago to prop up the economy through the COVID-19 pandemic.
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.
The key to saving Ukraine and defeating Putin may lie in Pennsylvania
Between Pennsylvania and other top-producing states such as Texas and Alaska, America can power our nation and cripple one of our greatest geopolitical threats: Russian strongman Vladimir Putin.
Elon Musk challenge to duel Vladimir Putin takes bizarre turn when Chechen leader invites 'Elona' for training
Tech billionaire Elon Musk doubled down on his challenge to duel Vladimir Putin of Russia in “single combat” for the fate of Ukraine Tuesday while ribbing Chechen leader Ramzan Kadyrov, a Kremlin ally and fearsome militant who called the world's richest man “effeminate."
EU and UK hit Russia with wider sanctions that target luxury
New European Union sanctions against Russia on Tuesday sought to deny oligarchs their love of luxury and block Russia from cashing in on its lucrative steel exports
Finance YouTuber Meet Kevin offers to pay 1M rubles to cover fine for anti-war Russian journalist
Kevin Paffrath, the prominent YouTube finance influencer also known as Meet Kevin, is offering 1 million rubles to the Russian TV editor who photo-bombed her own network’s primetime broadcast over the weekend to share an anti-war message amid Vladimir Putin’s invasion of Ukraine.
Russian journalist could face decades in prison for anti-war sign
Fox News correspondent Bryan Llenas has the latest on Marina Ovsyannikova's comments following her court appearance on 'America Reports.'
New York manufacturing activity slumps to lowest level since 2020
Manufacturing activity in New York state plunged in March for the first time since the early days of the COVID-19 pandemic as orders and shipments dropped and delivery times increased.
Oil prices can decrease if US was ‘energy independent’: Billionaire supermarket CEO
Red Apple Group Chairman and CEO John Catsimatidis argues if Biden declared energy independence and changes his policies price of oil and gas will decrease.
Oil prices will soar and hurt the economy if war, sanctions continue: Greg Swenson
Brigg Macadam founding partner Greg Swenson and Dennis Gartman, chairman of the University of Akron Endowment, weighed in on markets ahead of the Federal Reserve's two-day policy meeting where the central bank is expected to raise rates.
Energy conference leader pans Kerry's 2050 climate goals: 'Going to still be an energy mix'
Prolific energy author Daniel Yergin didn't name Special Presidential Climate Envoy John Kerry in an interview with FOX Business, but he criticized the former secretary of state's plans for cutting carbon emissions.
UN chief: Ukraine war hitting poor nations reliant on wheat
The United Nations chief, Antonio Guterres, warned Monday that Russia’s war on Ukraine is holding “a sword of Damocles” over the global economy, especially poor developing countries that face skyrocketing food, fuel, and fertilizer prices and are now seeing their breadbasket “being bombed.”
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.
White House drafts TikTok stars to blame Putin for rising gas prices
The Biden administration tapped teenage TikTok influencers last week to coordinate messaging on Russia’s invasion of Ukraine and blame Vladimir Putin for rising gas prices, according to a recording of a call between White House officials and the social media stars.
Russia threatens to pay foreign debts in devalued ruble amid crippling sanctions
Russia is threatening to pay off its foreign debts with its devalued Ruble after major Russian banks were sanctioned, cutting them off from global financial markets, over Moscow's invasion of Ukraine.
How much pain do investors have to endure before markets turn higher?
Yardeni Research President Ed Yardeni, Crossmark Global Investments CIO Bob Doll and Fieldpoint Private Chief Market Strategist Cameron Dawson discuss markets amid the war between Russia and Ukraine.
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.
Crypto 'important' amid war overseas, but not yet reflected in the price: Brock Pierce
Bitcoin Foundation Chairman Brock Pierce argues crypto is 'playing a very fundamental role' in helping Ukraine financially amid Russia's invasion of the country given 'traditional financial services aren't functioning.'
Volatility brings uncertainty to farmers: National Assoc. of Wheat Growers CEO
National Association of Wheat Growers CEO Chandler Goule argues that a third of the world's wheat production is in 'jeopardy' amid the conflict overseas given Russia and Ukraine are major exporters of the commodity.
Russia-Ukraine war will impact fish and chip prices across U.K.
After years of struggling, fish and chip shops across the United Kingdom are bracing for more issues due to the conflict in Ukraine.