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1741. New US sanctions will force Russia to focus on economy over war, officials... (permalink)
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score: 2, Economy, 2022-04-13 10:06:43, published by USA Today
The newest round of sanctions against Russian President Putin will force him to focus on holding together the Russian economy, officials say. Updates.... [additional details]
1742. Biden won't send US troops to Ukraine. That won't stop these veterans... (permalink)
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score: 2, Economy, 2022-04-13 00:05:56, published by CNN
The Biden administration committed to $1.7 billion dollars in aide for Ukraine but it doesn't include sending US troops. CNN meets US military veterans who are stepping in to help train Ukrainian soldiers to fight against the Russian military. ... [additional details]
1743. Opinion: The best solution to high gas prices: tax the oil companies... (permalink)
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score: 2, Economy, 2022-04-12 16:06:08, published by CNN
President Biden has led a successful campaign to cut Russia off from the global economy, with asset freezes, export controls and a ban on Russian oil imports. While this has had a devastating impact on the Russian economy, there's no denying that Americans are feeling the reverberations as well.<... [additional details]
1744. Inflation is crushing Joe Biden and Democrats... (permalink)
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score: 2, Economy, 2022-04-12 16:06:03, published by CNN
The Consumer Price Index -- a measure of inflation in the economy -- hit a four-decade high in March, a brutal reminder for Democrats of the political headwinds facing them as they seek to keep their majorities in the House and Senate this fall. ... [additional details]
1745. Honda joins electric car race with $40 billion investment... (permalink)
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score: 2, Economy, 2022-04-12 12:06:18, published by CNN
Honda is joining the flurry of global automakers spending tens of billions of dollars to go electric. ... [additional details]
1746. What Russia's default on foreign debt means ... (permalink)
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score: 2, Economy, 2022-04-12 04:05:58, published by CNN
Russia has defaulted on its foreign debt after trying to pay in rubles instead of dollars, credit ratings agency S&P has said. This could impact borrowing costs, inflation, relations with investors and more. CNN's Matt Egan reports. ... [additional details]
1747. War could destroy nearly half of Ukraine's economy this year... (permalink)
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score: 2, Economy, 2022-04-11 12:05:37, published by CNN
Ukraine could lose almost half of its economy this year as a result of Russia's invasion, according to the World Bank. ... [additional details]
1748. S&P: Russia has defaulted on its foreign debt... (permalink)
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score: 2, Economy, 2022-04-11 11:05:34, published by CNN
Russia has defaulted on its foreign debt because it offered bondholders payments in rubles, not dollars, credit ratings agency S&P has said. ... [additional details]
1749. Home affordability gets worse as prices and mortgage rates rise... (permalink)
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score: 2, Economy, 2022-04-10 23:06:01, published by CNN
As both home prices and mortgage rates rise, buying a home is increasingly unaffordable for a growing number of Americans. ... [additional details]
1750. Ex-Goldman banker convicted in 1MDB corruption case... (permalink)
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score: 2, Economy, 2022-04-08 18:06:09, published by CNN
Former Goldman Sachs banker Roger Ng was convicted by a U.S. jury on Friday of conspiring to violate an anti-corruption law to help loot hundreds of millions of dollars from Malaysia's 1MDB development fund. ... [additional details]
1751. Lockdowns in Shanghai and other Chinese cities pose a growing... (permalink)
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score: 2, Economy, 2022-04-08 11:06:01, published by CNN
China's unwavering commitment to stamping out Covid by locking down big cities such as Shanghai threatens to deal a hefty shock to its vast economy, place more strain on global supply chains and further fuel inflation. ... [additional details]
1752. War in Ukraine is scrambling the world's ability to fight climate... (permalink)
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score: 2, Economy, 2022-04-07 19:06:01, published by CNN
The war in Ukraine has thrown the global economy into chaos -- and the worst is yet to come, experts say. ... [additional details]
1753. Mortgage rates rise, inching closer to 5%... (permalink)
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score: 2, Economy, 2022-04-07 16:06:02, published by CNN
Mortgage rates rose again this week, inching closer to 5%. The 30-year fixed-rate mortgage averaged 4.72% in the week ending April 7, up from 4.67% the week before, according to Freddie Mac. That's the highest since December 2018. ... [additional details]
1754. Two men arrested after targeting Secret Service agents in influence... (permalink)
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score: 2, Economy, 2022-04-07 06:05:09, published by BBC
The men allegedly spent thousands of dollars impersonating federal officers to get near the agents. [additional details]
1755. US pushes Russia to the brink of default... (permalink)
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score: 2, Economy, 2022-04-06 18:06:05, published by CNN
Russia is in imminent danger of default after the United States cut off the country's ability to pay its debt using frozen dollars sitting in American banks. ... [additional details]
1756. Russia's economy: Russian car sales have collapsed... (permalink)
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score: 2, Economy, 2022-04-06 17:05:51, published by CNN
Auto sales in Russia plummeted by almost two-thirds in March, as the war in Ukraine, Western sanctions and an exodus of foreign businesses wreaked havoc on the country's economy. ... [additional details]
1757. Been a while since you traveled? Here's a refresher on those basic... (permalink)
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score: 2, Economy, 2022-04-06 12:06:55, published by USA Today
Travelers buying airlines' basic economy tickets face restrictions on seat assignments, ticket changes and, in some cases, higher baggage fees.... [additional details]
1758. The key to undermining Putin is dividing his regime. Start by easing sanctions... (permalink)
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score: 2, Economy, 2022-04-05 12:06:58, published by USA Today
Creating a path for easing of the sanctions in a clever way would weaken Putin's position, while freeing up billions of dollars to help Ukraine.... [additional details]
1759. Even rich people may need to rein in spending as the global economy... (permalink)
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score: 2, Economy, 2022-04-04 18:05:54, published by CNN
Are upper middle class and affluent shoppers starting to feel the pinch from higher prices and geopolitical concerns? If so, what does that mean for the rest of American consumers? ... [additional details]
1760. Ukraine war: Fortnite maker Epic Games raises $144m (£110m) to... (permalink)
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score: 2, Economy, 2022-04-04 17:05:14, published by BBC
Fundraising campaigns by games companies have raised millions of dollars for humanitarian causes. [additional details]
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