Here are the most important news, trends and analysis that investors need to start their trading day: 1. Futures jump on hopes of progress in Russia-Ukraine talks Traders at the NYSE, March 8, 2022. Source: NYSE Dow futures rose roughly 300 points, or nearly 1%, on Friday. S&P and Nasdaq futures jumped roughly 1% and […]
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Russia owes Western banks $120 billion. They won’t get it backGoldman Sachs said Thursday that it is “winding down its business in Russia in compliance with regulatory and licensing requirements.” JPMorgan Chase, America’s largest bank, followed within hours, saying it was “actively unwinding” its Russian business. The departures follow a scramble by Western banks to tally their exposure to Russia after President Vladimir Putin ordered […]
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Dow Jones Futures Jump As Putin Sees ‘Positive Shift’ In Ukraine Talks; Rivian, DocuSign DiveDow Jones futures rose strongly Friday morning, along with S&P 500 futures and Nasdaq futures, jumping recently as Russian President Vladimir Putin reported some “certain positive shifts” in Ukraine talks. X Putin’s comments came in a meeting with his Belarusian counterpart Alexander Lukashenko, adding that talks continued “practically on a daily basis.” But they come […]
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Inflation warning from Yellen contradicts White House; Jussie Smollett acts out after sentencingNEWYou can now listen to Fox News articles! Good morning and welcome to Fox News’ morning newsletter, Fox News First. Subscribe now to get Fox News First in your email. And here’s what you need to know to start your day … TREASURY SECRETARY’S INFLATION WARNING – Janet Yellen appeared to contradict the White House […]
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The Western firms that have not cut Russia ties over Ukraine | Business and Economy NewsA shrinking number of well-known companies are still doing business in Russia, even as hundreds have announced plans to curtail ties. Burger King restaurants are open, Eli Lilly is supplying drugs, and PepsiCo is selling milk and baby food, but no more soda. The pace of businesses exiting Russia accelerated over the past week as […]
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Russia owes Western banks $120 billion. They won’t get it backGoldman Sachs said Thursday that it is “winding down its business in Russia in compliance with regulatory and licensing requirements.” JPMorgan Chase, America’s largest bank, followed within hours, saying it was “actively unwinding” its Russian business. The departures follow a scramble by Western banks to tally their exposure to Russia after President Vladimir Putin ordered […]
Business
LA restaurant is Yelp’s most reviewed of all timeBeloved downtown Los Angeles restaurant and Bottega Louie takes the cake — the Yelp cake that is. The LA location is the top most reviewed eatery in the US on Yelp, which provides crowdsourced reviews about businesses. While every restaurant on the list has more than 6,000 reviews, Bottega Louie comes in as Yelp’s most […]
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Energy experts laud new tone as Granholm, Biden admin call for more US oil and gasEnergy industry experts and insiders told FOX Business that they welcome Energy Secretary Jennifer Granholm’s call to increase domestic energy production. Energy experts say they welcome a change in tone from Biden administration officials on domestic energy production amid a global shock to energy markets caused by Russia’s brutal war on Ukraine. Among the comments […]
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Britain resurfaces huge tidal energy plan amid Ukraine crisisAn aerial shot of the Severn Estuary from 2010. Jamie Cooper | spl | Getty Images An independent commission in the UK is to revisit the possibility of using the Severn Estuary, a large body of water between England and Wales, to harness tidal energy. The commission will be set up by the pan-regional Western […]
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Dems Introduce Windfall Tax on Big Oil So Companies ‘Pay a Price When They Price Gouge’Congressional Democrats on Thursday introduced the bicameral Big Oil Windfall Profits Tax to target price gouging by profit-gorging fossil fuel companies amid Russian President Vladimir Putin’s invasion of Ukraine. “We need to curb profiteering by Big Oil and provide relief to Americans at the gas pump—that starts with ensuring these corporations pay a price when […]
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