Wall Street's three major indexes closed higher on Friday, with the biggest boost from recently battered technology stocks, after talks between U.S.
You may not have heard of Joshua Mitts, a young Columbia University professor who is making some powerful enemies on Wall Street.
Western companies that maintain a presence in Russia to provide essential goods such as food and medicines are trying to strike a balance between President Vladimir Putin's government and advocates of Ukraine pulling them in opposite directions.
Western companies that maintain a presence in Russia to provide essential goods such as food and medicines are trying to strike a balance between President Vladimir Putin's government and advocates of Ukraine pulling them in opposite directions.
As they switch off the lights in Moscow, the world's top banks face a risk-ridden retreat, juggling obligations to anxious clients and staff while complying with sanctions that have rewritten the rules of doing business in Russia.
British finance minister Rishi Sunak must decide next week whether to spend billions of pounds more to ease the growing cost-of-living squeeze for households and businesses as inflation soars higher.
The U.S. dollar headed for its first down week in six versus major peers on Friday, languishing near a one-week low, as investors continued to assess the impact of the start of the Federal Reserve rate increase cycle this week.
The U.S. dollar headed for its first down week in six versus major peers on Friday, languishing near a one-week low, as investors continued to assess the impact of the start of the Federal Reserve's rate tightening cycle this week.
The euro weakened on Friday but was set for its biggest weekly gains in six weeks as traders breathed a sigh of relief after Russia avoided default on dollar-denominated debt and markets weighed the broader impact of the start of the U.S.
Oil prices edged higher on Friday, still above $100 a barrel, but were set for a second straight weekly loss, after a volatile trading week with no easy replacement for Russian barrels in a tight market.
The Bank of Japan is set to maintain its massive stimulus on Friday and focus on risks to a fragile economic recovery from the Ukraine crisis, reinforcing expectations it will remain an outlier amid a global shift towards tighter monetary policy.
China's stance on Russia's war in Ukraine over the coming months will reshape global flows of money and trade, possibly leading to the emergence of new economic spheres, investors say.
The number of Americans filing new claims for unemployment benefits fell last week as demand for labor remained strong, positioning the economy for another month of solid job gains.
Investors scaled back their expectations for future Bank of England interest rate rises this year, sending British bond prices sharply higher, after the BoE hiked again on Thursday but softened its language about further tightening.
A $40 a barrel rise and fall in oil prices in March pushed many investors to exit the volatile trade and created the conditions for more wild price swings in the weeks ahead, traders, bankers and analysts said.
A $40 a barrel rise and fall in oil prices in March pushed many investors to exit the volatile trade and created the conditions for more wild price swings in the weeks ahead, traders, bankers and analysts said.
U.S. stock index futures edged lower on Thursday as Russia tempered expectations around peace talks with Ukraine after a Federal Reserve interest rate hike fueled a Wall Street rally a day earlier.
U.S. stock indexes were set to open lower on Thursday as investors assessed the Federal Reserve's hawkish stance in the face of surging inflation, while keeping a wary eye on developments around the Ukraine crisis.
U.S. stocks edged higher on Thursday after a sharp rally in the previous session as the Federal Reserve raised interest rates, while investors closely tracked the Russia-Ukraine peace talks.
U.S. stocks added slightly to the previous session's rally on Thursday as investors considered the path laid out by the Federal Reserve for interest rate hikes, while closely tracking Russia-Ukraine peace talks.
All three of Wall Street's major indexes advanced more than 1% on Thursday as investors considered the Federal Reserve's path for interest rate hikes and worries eased about the prospects of a Russian default after creditors received payments.
India's macroeconomic fundamentals remain strong but the unfolding global developments pose downside risks in terms of spillover, the Reserve Bank of India said in its monthly bulletin on Thursday.
Gold rose on Thursday after the U.S. Federal Reserve's first interest rate hike in three years bore no surprises, with gains underpinned by a drop in the dollar and U.S.
Gold rose on Thursday after the U.S. Federal Reserve's first hike in borrowing costs in three years bore no surprises, with gains underpinned by a drop in the dollar and U.S.
Gold rose 1% on Thursday, supported by a retreat in the U.S. dollar and Treasury yields, with investors cautiously watching the developments of talks between Russia and Ukraine.
European stocks gained in choppy trading on Thursday, a day after the Federal Reserve's widely anticipated U.S. interest rate hike, as investors eyed Russia-Ukraine peace talks.
U.S. politicians know high inflation can bring careers in public office to an early end, but it is ultimately up to the unelected officials of the Federal Reserve to control what is considered first and foremost a "monetary phenomenon." .
Hong Kong led strong gains in Asian stock markets on Thursday, buoyed by signs of progress in peace talks between Russia and Ukraine and by expectations of more support for China's wobbly economy.
Europe's stock markets consolidated strong gains made in Asia on Thursday, after China signalled more support for its spluttering economy and the Federal Reserve had pressed ahead with the first U.S.
Wall Street was set to trim some of the strong gains made in Asia on Thursday, after China had signalled more support for its spluttering economy and both the Fed and Bank of England pressed on with interest rate hike plans.
