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G-7 Bid to Cap Russian Oil Price Faces Hurdle of Global Enforcement
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Commodity/Financial Market News
27 posts
High Gas Prices Hit Demand as Drivers Cut Back at the Pump
Drivers have begun consolidating trips or filling up their tanks with only…
U.S. Push for Exceptions in Europe’s Sanctions on Russian Oil Gains Traction
A U.S. push to pare back one of the European Union’s sanctions…
The Crypto Party Is Over
On Super Bowl Sunday, a Crypto.com ad featuring billionaire NBA star LeBron…
Turkey, U.N. Eye Sea Lane for Grain Through Ukraine's Mines
The proposal would provide freighters a safe passage through the defensive mines…
As Gas Prices Near $5 a Gallon, Record Fuel Costs Upend Businesses, U.S. Economy
As U.S. gasoline prices approach a record average of $5 a gallon,…
Yellen Sees High Gasoline Prices Persisting
WASHINGTON—Treasury Secretary Janet Yellen said elevated gasoline prices—near $5 a gallon—are likely…
SEC’s Revamp of Stock-Trading Rules Faces Criticism From Wall Street
Brokerages and trading firms pushed back forcefully against Securities and Exchange Commission…
Jamie Dimon Says U.S. Consumers Still Have Six to Nine Months of Spending Power
Updated June 2, 2022 1:04 pm ET Listen to article (1 minute)…
Biden Says No Short-Term Fix to High Energy, Grocery Prices
WASHINGTON—President Biden warned there was little the administration can do in the…
Google’s Owner Paid $296,000 to Typical Worker. Here’s What Other Firms Pay
With a booming economy and a tight job market, median pay rose…
OPEC Weighs Suspending Russia From Oil-Production Deal
Some OPEC members are exploring the idea of suspending Russia’s participation in…
Eurozone Inflation Hits Fresh High as More Energy Sanctions Loom
Inflation in the eurozone reached an annual 8.1% in May, underlining the…
Bottleneck Fuels Record-High Gas Prices
A shortage of fuel-making facilities is pushing U.S. gasoline and diesel prices…
Digital Dollar Could Coexist With Stablecoins, Fed Vice Chairwoman Says
WASHINGTON—A U.S. central bank digital currency could one day provide consumers with…
Lyft to Pause Some Hiring and Trim Budgets, Citing Economic Slowdown
This copy is for your personal, non-commercial use only. Distribution and use…
Treasury to Block U.S. Investors From Receiving Russian Debt Payments
WASHINGTON—The Treasury Department moved to cut off Russia’s ability to make payments…
Glencore Settles Corruption and Bribery Charges in U.S., U.K., Brazil
Glencore GLNCY 1.82% PLC said Tuesday it would pay at least $1.2…
High Inflation Weighs on U.S., Global Economies
Growth in the U.S. and global economies slowed in May as high…
Melvin Capital to Close Funds, Return Cash to Investors
Melvin Capital plans to close its funds and return the cash to…
