The US Department of Energy has announced it will offer an additional 10 million barrels per day from the US Strategic Oil Reserve for sale ahead of plans by the European Union to ban most […]
Renowned economist Nouriel Roubini has issued a warning that the global economy is facing a stock market crash and a “severe recession,” at the end of the year. In an interview quoted by Bloomberg, he […]
Despite the fact Germany has managed to fill its storage facilities for natural gas to near their maximum capacity, the country’s economy minister warns that the nation may still see natural gas shortages this winter. […]
A poll from the Associated Press-NORC Center for Public Affairs Research shows the vast majority of Americans are unhappy with the direction of the nation’s economy. According to the poll 29% of American adults feel […]
Credit card debt among Americans continues to rise as regular bills and every day costs continue to get more expensive due to record levels of inflation. CreditCards.com issued a new report which showed 60% of […]
A prominent economist is warning that the US housing market is experiencing a “deep recession” and that the Federal Reserve may have to ease up on its interest rate hikes. For the ninth consecutive month […]
Chinese electric-vehicle maker Zhejiang Leapmotor Technology Co., founded in 2015, is holding an initial public offering in Hong Kong from which it hopes to raise up to HK$8.1 billion ($1 billion). According to the prospectus […]
A poll from the Associated Press-NORC Center for Public Affairs Research shows the vast majority of Americans are unhappy with the direction of the nation’s economy. According to the poll 29% of American adults feel […]
When German athleticwear giant Adidas pulled out of Russia in March, the company failed to pay 10 billion rubles ($166 million) in Russian taxes it owed, according to reports from a number of Russian media […]
The net worth of Canada’s households dropped by almost $1 trillion Canadian dollars ($775 billion) in the second quarter, according to data from Statistics Canada. According to the report, household net worth had not dropped […]
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