Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. The Brent crude oil price has blasted past $111 a barrel, its highest level since early July 2014, despite a decision by the United States to release, with its allies, about 60m barrels from their strategic […]
Federal Reserve Chairman Jerome PowellJerome PowellBiden urges GOP to end blockade on his Fed picks Biden: Inflation ‘robbing’ benefits of strong economy Oil prices surge above 0 a barrel as war on Ukraine rages MORE is heading to testify on Capitol Hill amid dueling economic headwinds that could be exacerbated by war in Ukraine. […]
Since 1790, presidents have used tens of thousands of different words in State of the Union addresses. Biden, in his first such speech, added to the list. According to a Washington Post analysis, there were 20 words Biden spoke tonight that had never been used before in an official State of the Union address. The […]
Eslela Parra sits behind her sewing machine with a heavy heart just thinking about the people of Ukraine. “It’s very sad because it’s hard to see how everything is going,” Parra said. “But for me, this is something I can do for them.” Parra is one of several employees at WGN Flag & Decorating Company […]
City Adding $4 Million Package of Street Maintenance Work, Aiding the Economy Kirstin Davis, Communications Manager, 509.625.7773 Tuesday, March 1, 2022 at 11:51 a.m. Spokane Mayor Nadine Woodward proposed, and the City Council approved a new $4 million package of street maintenance work. These projects will aid the economy and support commercial areas around the […]
World Business Chicago will suspend its relationship with Moscow, Mayor Lori Lightfoot announced Tuesday, in light of events escalating surrounding the Russia-Ukraine crisis. Chicago “needs to go further in its definitive actions against Russia,” Lightfoot said in a statement released Tuesday afternoon. “While this is not a decision I enter into lightly, we must send […]
During [recent] years, I got to know several senior technocrats in the policy world, primarily from the central bank and finance ministry, and leading economic influencers, and I was often struck by how widely the belief was about Putin’s excellence as a strategist. I had for some years been expecting some great era of big […]
Powerful countries that bully weaker ones and target non-combatants are bound to invite a strong response. In the context of the ongoing war in Ukraine, any direct Western military action can essentially be ruled out. (The Cold War concept of Mutual Assured Destruction (MAD) is still in play if it involves a direct conflict with […]
NEWYou can now listen to Fox News articles! President Biden will give his first State of the Union address Tuesday night, marking the most consequential speech of his lifetime as U.S. inflation soars and Eastern Europe devolves into war. While State of the Union speeches tend to concentrate on domestic issues, Russian President Vladimir Putin’s […]
Bud Hamilton has joined the board of directors at Christus St. Vincent Regional Medical Center. Hamilton is a retired executive from Proctor & Gamble, where he worked for 37 years in sales, marketing and general management. He is a former board chairman of the Cancer Foundation for New Mexico, a board he has served on […]
