IEA pushes Europe to wean itself off Russian gas after Ukraine invasion
"Nobody is under any illusions anymore," Fatih Birol, the IEA's executive director, said in a statement Thursday.
Facebook says 2021 ‘polar vortex’ sapped 1% off net income thanks to higher energy costs
A bout of extreme cold last winter saddled Meta Platforms with additional energy costs, the company told federal regulators in a filing made public last...
Victoria’s Secret refers to Ukraine war and inflation as it offers dismal first-quarter outlook
Victoria's Secret appeared to reference Russia's attack on Ukraine as it issued a weak outlook for its first quarter.
Snowflake plunges almost 30% on slowing revenue growth
Snowflake shares plummeted in extended trading after the company's earnings report.
Weak mortgage demand could get a big boost as Ukraine crisis causes interest rates to drop sharply
Mortgage demand fell last week as rates rose, but that may all change this week as rates drop again, and sharply.
Companies added 475,000 jobs in February, better than expected, ADP says
Companies added 475,000 positions for the month, better than the Dow Jones estimate for 400,000.
Fed Chair Powell notes ‘highly uncertain’ Ukraine impact, but says rate hikes are still coming
Fed Chairman Jerome Powell still sees rate hikes coming but noted that the Russia-Ukraine war has injected uncertainty into the outlook.
Jobless claims total 215,000, fewer than expected; productivity rises 6.6%
Initial claims for unemployment insurance totaled 215,000, the lowest total since the beginning of the year.
‘War can never be the answer’: Russia’s wealthy elite speak out against Putin’s invasion
As Europe and the U.S. ratchet up sanctions on Russia, some of Vladimir Putin's ultra-wealthy inner circle have spoken out against his invasion of Ukraine.