Economy

US economy expands 1.4% in fourth quarter; corporate profits fall

Goldman Sachs Chairman Says US Runs Very High Risk of Slipping Into Recession

Blankfein's grim comment came even as the US Federal Reserve continues to raise interest rates to control rising inflation.

The Federal Reserve

Federal Reserve Raises Interest Rates by 0.5%, Sharpest Hike in 22 Years

The Federal Open Market Committee, the Fed's policy-making body, decided to raise the target range for the federal...

Tesla quarterly revenue

Tesla Reports $3 Billion Profit in Q1; Shares Surge as EV-Maker Plans to Boost Output in 2022

The electric vehicle and solar panel company reported $18.7 billion in revenues in the first quarter.

US economy expands 1.4% in fourth quarter; corporate profits fall

There is 35% Chance the US Economy Will Slip Into Recession - Goldman Sachs

Emerging from the slack built up over the last two years due to the coronavirus pandemic, the Federal Reserve has no...

Japan

Japan's Greenhouse Emissions Fall to Record Low; 5.1% Drop Marks Seven Consecutive Years of Decline

Japan raises its climate goal marked in April 2021 and vows to achieve the 2030 target of reduced emissions by 46...

Asia stocks rise before central bank meetings, oil bounces

Asian Economies Tighten Monetary Policy; Raise Interest Rates Amid Soaring Inflation

South Korea and Singapore have tightened their monetary policies amidst risks from Ukrainian War.

Belgorod attack

Ukraine Says Economy Poised to Shrink a Whopping 40% in 2022 Due to Russia War

Earlier in March, the International Monetary Fund had said that Ukraine's economy was expected to contract by 10...

The Federal Reserve

Fed Will Raise Interest Rates More Aggressively if Needed, Says Powell

Fed policymakers hope to rein in inflation without stomping on growth or sending unemployment back up.

VTB bank Russia

Sanctions Will Rebound on West, Russia Will Emerge Stronger, Says Putin

Russia has banned exports of telecom, medical, auto, agricultural, electrical and tech equipment, among other items,...

IBTIMES TV

NYSE Threatens To Leave New York Over Taxes

BLOGS AND FEATURES

Russian Rouble

Hefty Reserves, Budget Surplus and Low Debt: Russia Says It Will Beat Western Sanctions

By Reuters

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