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Russia’s Ruble Slides on Capital-Flight Fears
Markets The currency’s selloff illustrates how traders are on edge as Russia’s economy struggles Source link
Higher Jobless Claims Add to Signs of Cooling Labor Market
Filings for unemployment benefits were larger than previously thought last month, according to new government calculations. Source link
Latest Federal Reserve Decision to Raise Rates Came Down to the Wire; ‘That Was a Rough Weekend’
Jerome Powell and other officials waited and watched the fallout from SVB, Swiss bank crisis, finally deciding the financial system was stable enough for a
Dow Futures Tread Water Ahead of Jobless Claims
Brent crude oil and gold prices held near record highs. Source link
Bank Failures. High Inflation. Rising Rates. Is the Resilient Jobs Market About to Crack?
U.S. employers added 5.6 million jobs over 14 months, but gains have shown signs of cooling recently amid economic risks. Source link
Russia's Aircraft Need Maintenance They Can No Longer Get
Sanctions have cut off access to parts, software and technical skills needed for the key upkeep of hundreds of commercial jets, raising concerns over safety.
Tech Shines, Cyclicals Lose as Traders Bet on Growth Shock
Since the collapse of Silicon Valley Bank, investors have thrown out the playbook they used last year when they dumped riskier, rate-sensitive tech companies. Source
Dow, S&P 500 Futures Slip on Renewed Recession Fears
Stock futures edged lower as investors focused on fresh signs of a slowing economy. Source link
WTO Says Ukraine War, Inflation to Limit Global Trade Growth in 2023
High prices have cut into consumers’ demand for imported goods. Source link
Mexican Government to Buy Power Plants From Spain's Iberdrola
The acquisition will increase the state-owned utility’s share of the country’s electricity generation to 55%, the government says. Source link