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The list of ailments troubling the eurozone economy was already stark: the highest inflation rate on record, energy insecurity and increasing whispers about a recession. This month, another threat emerged. …
Weakened Euro May Become Equal to the US Dollar Read MoreBRUSSELS – The world economy is heading into a potentially grim period as rising costs, shortages of food and other commodities and Russia’s continuing invasion of Ukraine threaten to slow …
Economic Headwinds Mount as Leaders Weigh Costs of Confronting Russia Read MoreDo Kwon, a trash-talking entrepreneur from South Korea, called the cryptocurrency they created in 2018 “my greatest invention.” In countless tweets and interviews, he trumpeted the world-changing potential of the …
How a Trash-Talking Crypto Bro Caused a $ 40 Billion Crash Read MoreJerome H. Powell, the chair of the Federal Reserve, said that the central bank is focused on getting rapid inflation under control and that it is ready to intensify its …
Powell says the Fed is watching for ‘clear and convincing’ signs of inflation fading. Read MoreStart-up workers came into 2022 expecting another year of cash-gushing initial public offerings. Then the stock market tanked, Russia invaded Ukraine, inflation ballooned, and interest rates rose. Instead of going …
Fear and Loathing Return to Tech Start-Ups Read MoreSome Federal Reserve officials have begun to acknowledge that they were too slow to respond to rapid inflation last year, a delay that is forcing them to constrain the economy …
Fed Confronts Why It May Have Acted Too Slowly on Inflation Read MoreAs prices for energy, food and commodities rise following Russia’s invasion of Ukraine, the impact is being felt sharply around the world. In Britain, the central bank pushed interest rates …
Bank of England raises rates to 1 percent amid recession worries. Read MoreA stunning rise in the cost of jet fuel has sent airfares soaring, and industry experts say they are likely to go higher. For now, though, travel-starved consumers seem more …
Fuel Prices Send Airfares Higher, but Travelers Seem Ready to Pay Read MoreWASHINGTON – Russia is ambling toward a major default on its foreign debt, a grim milestone that it has not seen since the Bolshevik Revolution more than a century ago …
What Will Happen if Russia Defaults on Its Debt? Read MoreTo hear more audio stories from publications like The New York Times, download Audm for iPhone or Android. In January 2021, Mary Gundel received a letter from Dollar General’s corporate …
How a Dollar General Employee Went Viral on TikTok Read More