Stocks Gain After Powell's Rate-Rise Comments
Major stock indexes and government-bond yields advanced as investors digested Fed Chairman Jerome Powell's more aggressive tone on reining in inflation.
Fed's Bullard Says Big Rate Increases Lie Ahead for Economy
The Federal Reserve Bank of St. Louis president reiterated his belief that the U.S. central bank needs to move 'aggressively' with rate rises to help bring inflationary pressures back under control.
Gas Prices Shoot Up at Fastest Rate on Record
As summer driving season approaches, average prices for regular gasoline have been at record highs the past two weeks after going up for 11 straight weeks.
New Rules Put Net Zero Pledges Under Scrutiny
Under new proposed SEC regulations, many companies that have pledged to cut their carbon footprints will now have to disclose their emissions, including hard-to-measure data from their suppliers and customers.
Flattening Yield Curve Stirs Recession Debate
Yields have climbed more quickly on short-term Treasurys than on longer-term bonds, reflecting expectations for a rapid series of interest-rate rises by the Fed.
How Governments Can Avoid a Debt Crisis as Rates Rise
Low interest rates have made the staggering amounts of debt that the U.S. and other countries have issued in recent years easy to bear. So what will happen when interest rates go up?
Ukrainians Flee Mariupol as Russian Forces Push to Take Port City
Nearly a month since Russia invaded Ukraine, it is on the verge of taking Mariupol in what would be the first major city to fall under its control. But Mariupol is a shattered prize.
AI Experts Warn of Potential Cyberwar Facing Banking Sector
U.S. authorities have flagged the U.S. financial system, a central pillar in the U.S. sanctions regime, as an attractive target, and officials and security experts have warned for weeks about the possibility of retaliatory cyberattacks from Russia.
Companies Brace for Higher Compliance Costs as SEC Proposes Climate Disclosures
Companies will likely face higher compliance costs and new disclosure challenges stemming from a new proposal requiring firms to provide estimates of their greenhouse gas emissions and risks to their businesses from climate change, finance chiefs said.
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