ECONOMY & MARKETS

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, February 15, 2022.

European Shares Surge 3% After Ukraine-driven Rout

Europe's main stocks index roared back on Friday, lifting off nine-month lows with banks leading a broad-based rally as investors hunted for bargains following a bruising sell-off after Russia's invasion of Ukraine.
More news
A woman wearing a face mask walks past a sign depicting a virus in Minsk

Stocks Rise After Ukraine Panic, Oil Back Below $100

European stocks rose on Friday after Wall Street's late rally, as investors welcomed coordinated Western sanctions on Russia that targeted its banks but not did not block it from a global payments system and left its energy sector largely untouched.
The Federal Reserve headquarters in Washington on Sept. 16 2015.

Fed Should Lift Rates A Full Percentage Point By Mid-year -Waller

Federal Reserve Governor Christopher Waller on Thursday laid out the case for a "concerted" effort to rein in inflation, calling for raising interest rates a full percentage point by mid-year, starting with a half-percentage-point hike in March if data in coming weeks continues to point to an "exceedingly hot" economy.
The Federal Reserve building is seen in Washington, U.S., January 26, 2022.

Ukraine Crisis May Slow, But Not Stop, Fed Hiking

The U.S. Federal Reserve's battle against inflation, already complicated by the unpredictable impact of a once-in-a-century pandemic, now faces a likely energy price shock and another layer of uncertainty following Russia's military move into Ukraine.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.