By Ann Saphir, Jonnelle Marte and Lindsay Dunsmuir – Federal Reserve policymakers on Thursday signaled the conflict in Ukraine will not budge them from their expected course of rate hikes …
"Joe Biden"
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Financial News
U.S. offshore wind bids soar past $3 billion, auction to continue Friday
by Reutersby ReutersBy Nichola Groom -The Biden’s administration’s sale of offshore wind development rights off the coasts of New York and New Jersey surged past all expectations on Thursday to reach more …
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Financial News
Investors regain risk appetite; dollar, oil pare gains after Ukraine invasion
by Reutersby ReutersBy Sinéad Carew NEW YORK -Investors rediscovered much of their appetite for riskier bets by Thursday afternoon with the MSCI global index finishing well above its session low and the …
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Financial News
Explainer-Russian banks face exclusion in new round of sanctions
by Reutersby ReutersBy Tommy Wilkes and John McCrank LONDON/NEW YORK – Britain and the United States targeted Russian banks on Thursday as part of a new package of sanctions following Moscow’s invasion …
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Financial News
Exclusive-Major buyers of Russian oil struggle with bank guarantees -sources
by Reutersby ReutersBy Dmitry Zhdannikov and Julia Payne LONDON -The global oil market was thrown into chaos on Thursday after Russia invaded Ukraine, with top buyers of Russian oil struggling to secure …
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US and World News
Florida House approves bill limiting school discussions of LGBTQ identity
by Reutersby ReutersBy Gabriella Borter -Florida’s House of Representatives on Thursday approved a Republican-backed bill that would prohibit classroom discussion of sexual orientation and gender identity, a measure Democrats denounced as being …
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By Stephanie Kelly NEW YORK – Oil prices jumped on Thursday, with Brent rising above $105 a barrel for the first time since 2014 before easing, after Russia’s attack on …
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Financial News
Banking group IIF says U.S. sanctions on Russia to have ‘significant impact’
by Reutersby ReutersWASHINGTON -The Institute of International Finance, the largest international banking group, said on Thursday that U.S. sanctions on Russia will have a sizeable impact on Russia’s economy and citizens and …
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By Chuck Mikolajczak NEW YORK – The U.S. dollar jumped to its highest level in nearly two years and the Russian rouble plunged to a record low on Thursday after …
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Featured NewsUS and World News
‘We Will Give Weapons To Anyone’: Ukrainian President Issues Defiant Call To Arms
Ukrainian President Volodomyr Zelensky issued a call to arms amid the ongoing Russian invasion of Ukraine, urging Ukrainian citizens to join efforts to repel Russian forces. “We will give weapons …
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NEW YORK/LONDON – Russia’s access to global capital markets was likely to be limited by further international sanctions after the country’s forces invaded Ukraine on Thursday, putting funds with exposure …
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Breaking NewsUS and World News
Gas Prices Set To Skyrocket After Oil Soars Beyond $100 For The First Time Since 2014
The worldwide price of crude oil skyrocketed to more than $100 per barrel for the first time since 2014 as Russia launched a full-scale offensive against Ukraine. The Brent crude …
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Financial News
Putin tells Russian business people he had no choice over Ukraine
by Reutersby ReutersMOSCOW -President Vladimir Putin said on Thursday he had no other option but to order what he has called a special operation against Ukraine, saying all of Moscow’s previous attempts …
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By Andrea Shalal WASHINGTON – U.S. President Joe Biden met with his counterparts from the Group of Seven allies on Thursday morning to map out more severe measures against Russia …
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Financial News
Ukraine lobbies U.S. officials for bans on Russia software, aviation -diplomat
by Reutersby ReutersBy Raphael Satter – Ukraine’s government is lobbying the Biden administration to cut Russia off from U.S. software updates, to ban Russian flights, and to block the supply of goods …
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Financial News
Europe’s banks brace for Russia fallout while U.S. banks see limited pain
by Reutersby ReutersBy Lawrence White, Alexandra Schwarz-Goerlich and Pete Schroeder WASHINGTON/VIENNA/LONDON -European banks on Tuesday were bracing for the fallout from fresh global sanctions as the Ukraine crisis escalated, although U.S. bank …
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By Danilo Masoni, Bansari Mayur Kamdar and Medha Singh – Shares of Russia-exposed companies took a beating across U.S. and European markets on Thursday, after the country’s move to launch …
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Financial News
Explainer-What sanctions mean for Russia’s debt markets and investors
by Reutersby ReutersBy Karin Strohecker LONDON – Western capitals have started putting in place fresh restrictions on Russia’s sovereign debt as they seek to ratchet up pressure on Moscow over the conflict …
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US and World News
U.S. governors urge swift action on $52 billion chip funding bill
by Reutersby ReutersBy David Shepardson – A bipartisan group of 22 governors Thursday urged leaders in Congress to move quickly to finalize $52 billion in government funding to subsidize the production of …
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Financial News
U.S. banks tackle Russia sanctions fine print, worry over escalating restrictions
by Reutersby ReutersBy Pete Schroeder and Michelle Price WASHINGTON -U.S. banks were well-prepared for the Western sanctions announced so far over Russia’s aggression towards Ukraine, but they are still nailing down details …
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Financial News
White House unveils more steps to strengthen U.S. supply chains
by Reutersby ReutersBy Andrea Shalal WASHINGTON – The White House on Thursday announced 10 new steps as part of its year-long drive to strengthen U.S. supply chains against climate shocks and geopolitical …
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POLL: Americans Fear China’s Influence Over Russia’s Sebastian Hughes on February 23, 2022 More Americans fear the influence of China in the world than Russia, despite the latter’s aggressive actions …
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US and World News
Inspired by Canadian truck protests, ‘People’s Convoy’ heads to Washington
by Reutersby ReutersBy Omar Younis and David Swanson ADELANTO, Calif. -A group of American truckers began a cross-country drive from California to Washington on Wednesday to protest coronavirus restrictions, taking a cue …
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Featured NewsFinancial News
U.S. slaps sanctions on company building Russia’s Nord Stream 2 pipeline
by Reutersby ReutersBy Jeff Mason WASHINGTON -The United States on Wednesday imposed sanctions on the company in charge of building Russia’s Nord Stream 2 gas pipeline, expanding penalties on Moscow after it …
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By Caroline Valetkevitch NEW YORK – Wall Street’s major indexes ended sharply lower on Wednesday, extending their recent rout as Ukraine declared a state of emergency and the U.S. State …