Strong Jobs Report Points to Likely Fed Rate Rises in March and May

 Source: Strong Jobs Report Points to Likely Fed Rate Rises in March and May Discovered on: 2022-02-04 21:15:00 A steady gain in hiring last month keeps the Federal Reserve on track to lift interest rates next month and could prompt increases at meetings in May and June. Fed officials had already signaled they were prepared

Europe’s Energy Crisis Eases Even as Ukraine-Russia Tensions Build

 Source: Europe’s Energy Crisis Eases Even as Ukraine-Russia Tensions Build Discovered on: 2022-02-02 20:21:00 Hopes are rising that Europe will avoid a winter energy crisis that some feared would play to Russian President Vladimir Putin’s advantage as Moscow prepares for a possible invasion of Ukraine. A record influx of liquefied natural gas, combined with mild

Sarah Bloom Raskin Faces Senate Questions Over Climate Views

 Source: Sarah Bloom Raskin Faces Senate Questions Over Climate Views Discovered on: 2022-02-02 19:23:00 WASHINGTON—Sarah Bloom Raskin, President Biden’s pick to become the government’s most influential bank regulator, could face a contentious hearing on Thursday when she testifies before Senate lawmakers, a key hurdle for confirmation. Ms. Raskin, who was formally nominated last month by

Response to Moscow’s Ukraine Demands Shows Gulf Between Russia and Wes…

 Source: Response to Moscow’s Ukraine Demands Shows Gulf Between Russia and Wes… Discovered on: 2022-02-02 18:09:00 MOSCOW—The gap between Russia and the West over the future of Ukraine and security in Europe was laid bare as details of two bluntly worded responses delivered to Moscow last week were made public, showing the U.S. and NATO

CNN chief Jeff Zucker resigns over relationship with colleague

 Source: CNN chief Jeff Zucker resigns over relationship with colleague Discovered on: 2022-02-02 17:14:46 CNN president Jeff Zucker has resigned for failing to disclose a romantic relationship with a colleague – Copyright AFP François WALSCHAERTS CNN president Jeff Zucker abruptly resigned on Wednesday for failing to disclose a romantic relationship with a colleague at the

JD.com Founder Donates More Than $2 Billion in Stock

 Source: JD.com Founder Donates More Than $2 Billion in Stock Discovered on: 2022-02-02 15:18:00 Richard Liu, founder and chief executive officer of Chinese e-commerce giant JD.com Inc., JD -2.26% is giving billions of dollars of stock to charity, the latest member of the country’s business elite to make a large donation amid a government crackdown

PayPal Shares Tumble After Disappointing Outlook

 Source: PayPal Shares Tumble After Disappointing Outlook Discovered on: 2022-02-02 15:10:00 PayPal Holdings Inc. PYPL -24.09% shares headed toward their worst one-day performance on record after the company lowered its profit outlook for 2022 and walked back an ambitious growth strategy it put in place last year.  PayPal PYPL -24.09% shares sank 24% Wednesday morning,

Eurozone Inflation Rises to Fresh Record, Against Expectations

 Source: Eurozone Inflation Rises to Fresh Record, Against Expectations Discovered on: 2022-02-02 12:22:00 The eurozone’s inflation rate rose to a fresh record high in January, an unwelcome surprise for policy makers at the European Central Bank who have said they don’t expect to raise their key interest rate this year. However, ECB officials and most

Russia Confronts Ukraine With Upgraded Military Rebuilt After Soviet C…

 Source: Russia Confronts Ukraine With Upgraded Military Rebuilt After Soviet C… Discovered on: 2022-02-01 16:33:00 REUTOV, Russia—When the Soviet Union collapsed in the early 1990s, an elite military supplier once called Design Bureau No. 52, known for making intercontinental ballistic missiles, fell on hard times. Military spending had dropped so sharply that the company was

OPEC+ eyes modest output boost despite price surge

 Source: OPEC+ eyes modest output boost despite price surge Discovered on: 2022-02-02 11:54:47 OPEC+ has resisted US pressure to step up oil production to tame surging crude prices – Copyright GETTY IMAGES NORTH AMERICA/AFP/File SPENCER PLATT Emeline BURCKEL Top oil producing countries led by Saudi Arabia and Russia are expected to stick to their guns