The Burger King name appears in Russian outside a Burger King fast food restaurant in Moscow, Russia, on Friday, April 5, 2013. Bloomberg | Getty Images Ukrainian President Volodymyr Zelelnskyy in his address to US Congress Wednesday reiterated calls for all global brands to exit Russia — a market “flooded with [Ukrainian] blood” — as […]
The S&P 500 edged higher Friday, staying on track for its best week since November 2020 as investors digested the Federal Reserve’s interest-rate increase and developments in Ukraine. The broad US stock index was recently up 0.1% in early afternoon trading after three consecutive sessions of gains. The Dow Jones Industrial Average slipped 0.3%, or […]
Here are your FOX Business Flash top headlines for March 18. The chairman of the House Natural Resources Committee is asking the CEOs of three major energy companies to testify, as Democrats in Congress and the White House seek to blame the ongoing surge in gas prices on Russian President Vladimir Putin and oil firms. […]
Yesterday, Yuga Labs, the creators of Bored Ape Yacht Club (BAYC), airdropped ApeCoin (APE) to anyone who owns one of their NFTs. The team allocated 150 million tokens or 15% of the total ApeCoin supply to holders of Bored Ape Yacht Club and Mutant Ape Yacht Club collections, amounting to a staggering value of more […]
The International Energy Agency also warned this week of the biggest oil supply crisis in decades. Analysts are worried that war in Ukraine could result in global food shortages. The West continues to announce new sanctions targeting Russia. Energy, metals and currency markets have responded to these seismic events with wild swings. Nickel prices have […]
US stocks edged down as investors showed concern about further escalation in the Ukraine war leading to shortfalls of commodities supply. The S&P 500 slipped 0.3% in early New York trading, a modest pullback in the broad-market index after it closed 1.3% higher on Thursday. The tech-heavy Nasdaq Composite Index fell 0.4%, while the Dow […]
US stock futures edged down as investors were concerned of further escalation in the war in Ukraine that could lead to shortfalls of commodities supply. Futures tied to the S&P 500 slide 0.6%, pointing to a moderate pullback in the broad-market index after it closed 1.3% higher on Thursday. Nasdaq-100 futures fell 0.7%, suggesting declines […]
Tesla’s Gigafactory Texas is about to start its operations, and when it does, it would be one of the United States’ most ambitious vehicle production facilities. The massive factory, which Elon Musk has noted will be almost a mile long when completed, is expected to hire thousands of workers in the area. The arrival of […]
Russian President Vladimir Putin chairs a meeting with members of the Security Council via a video link at the Novo-Ogaryovo state residence outside Moscow, Russia February 18, 2022. Mikhail Klimentyev | sputnik | via Reuters The Central Bank of Russia on Friday held its monetary policy steady and maintained its key interest rate at 20%, […]
James Bullard david orrel | CNBC St. Louis Fed President James Bullard said Friday he thinks the central bank should raise interest rates the equivalent of 12 times this year to convince the public it is serious about fighting inflation. As the lone dissenter at this week’s Fed meeting, Bullard said in a statement that […]
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