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US President Joe Biden signed an executive order Wednesday establishing the first-ever federal strategy on cryptocurrencies, the White House said. Citing the fact that 16% of all Americans have invested in cryptos, the study will investigate six priorities: consumer and ...

Russia is becoming increasingly isolated as sanctions and operating boycotts continue to be ratcheted up.  Large American companies McDonald's, Starbucks, PepsiCo and Coca-Cola have all announced they will be suspending operations in Russia because of the country’s invasion of Ukraine. ...

The euro fell to a nearly two-year low against the US dollar as commodity-dependent currencies hit multi-month highs after Russia’s invasion of Ukraine raised oil prices. The euro slid by about 1% to $1.0822, its lowest since May 2020. The ...

Stocks around the world tumbled as the US and its allies mulled over banning Russian oil, a last-ditch move that could have devastating effects on the global economy. Oil prices soared to their highest level in 13 years, prompting widespread ...

No matter when the conflict in the Ukraine comes to an end, analysts are convinced we have entered into a period of increased defense spending. The STOXX Europe Total Market Aerospace and Defense Index has risen 5% this year. Meanwhile, ...

No matter when the conflict in the Ukraine comes to an end, analysts are convinced we have entered into a period of increased defense spending. The STOXX Europe Total Market Aerospace and Defense Index has risen 5% this year. Meanwhile, ...

No matter when the conflict in the Ukraine comes to an end, analysts are convinced we have entered into a period of increased defense spending. The STOXX Europe Total Market Aerospace and Defense Index has risen 5% this year. Meanwhile, ...

No matter when the conflict in the Ukraine comes to an end, analysts are convinced we have entered into a period of increased defense spending. The STOXX Europe Total Market Aerospace and Defense Index has risen 5% this year. Meanwhile, ...

Ordinary Russians are preparing for a dramatic shift in their standard of living as their savings diminish in value and imports of everyday goods are quickly being cut off. Already dealing with long lines at ATMs for cash, Russians are ...

Russia pushed through a hasty presidential decree designed to stop a wave of capital outflows from Western companies selling up in the country. Foreign companies are leaving in droves. Some are trying to physically disinvest from Russia while others have ...

Russia began feeling the bite of a raft of tough global sanctions as its economy lurched into serious trouble. The Russian ruble crashed to a record low against the US dollar, losing 25% on Monday after depreciating by 40% last ...

The global economy was still in turmoil at the start of the second week of Russia’s invasion of Ukraine, with most markets losing value as investors remained deeply shaken. On Wall Street, Dow futures slid 1.7%, nearly 600 points. Meanwhile, ...

The full force of the West’s economic sanctions did not appear to dissuade Russian President Vladimir Putin from launching a large-scale invasion of Ukraine.  The surprising “get-out-of-jail-free” card has been Russia’s surging adoption of cryptocurrencies, like Bitcoin. Crypto market watchers ...

The global economy went into a tailspin on the morning that Russia attacked Ukraine, ending weeks of diplomatic efforts to avert the crisis. US stock futures plunged on Thursday. Dow futures were down as much as 780 points, or 2.4%. ...

The conflict in Ukraine finally spilled over into concrete action, with Germany announcing the suspension of the Nord Stream 2 gas pipeline and the US declaring sanctions on Russia. Germany said it was halting certification of the Nord Stream 2 ...