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Economy

Dow futures: Oil prices rise as Russian crude avoids amid Ukraine invasion; Federal Reserve Chairman Powell On Tap

Dow futures rose early Wednesday, along with S&P 500 and Nasdaq futures. Crude oil prices soared to $110 a barrel, as buyers shun...
Economy

Elon Musk targets President Biden after he failed to mention Tesla during State of the Union

Joe Biden, left, and Elon MuskEvelyn Hochstein | Reuters Andrew Harrier | Bloomberg | Getty ImagesThe runner Between President Joe Biden...
Economy

General Motors sells stake in electric vehicle startup Lordstown Motors

The Lordstown Motors plant is where General Motors once worked, in Lordstown, Ohio, on October 16, 2020.Megan Gellinger | Agence France-Presse | ...
Economy

Here’s How Sanctions on Russia Will Cost You More

This is true even for American consumers, although relatively few Russian exports reach the shores of the United States. The high prices are modest...
Economy

Shell follows BP’s lead out of Russia as British oil companies abandon Putin

On Monday, the UK-based oil company said it would give up its 27.5% stake in the Sakhalin-2 liquefied natural gas facility, its 50% stake...
Economy

Toyota halts production after a possible cyber attack on a supplier

Toyota, the world's largest automaker, said on Monday it had suspended all production in Japan after a possible cyber attack on a major supplier.The...
Economy

The ruble drops sharply with the bite of sanctions, sending Russians to the banks

Moscow (AFP) - Ordinary Russians have faced the prospect of rising prices and reduced travel abroad due to Western sanctions over the invasion of...
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