Opinion | The Rigidity of Russian Oil Holds the Key to Smart Sanctions

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Opinion | The Rigidity of Russian Oil Holds the Key to Smart Sanctions

As the Russian naval cruiser Moskva was engulfed in flames on the Black Sea earlier this month, Vladimir Putin gathered with senior ministers to deal with a different unwelcome consequence of his war on Ukraine — one far less dramatic than the sinking …
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US home prices rose by nearly 20% year-over-year in February

(CNN) US home prices continued to surge higher in February. Prices rose 19.8% year-over-year in February, an even higher rate than the 19.2% growth seen in January, according to the S&P CoreLogic Case-Shiller US National Home Price Index.
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The big winner in Elon Musk's Twitter deal

New York (CNN Business) Even the world’s richest person needs financial advice. That’s great news for Morgan Stanley, the investment bank of choice for Elon Musk. Morgan Stanley (MS) advised the Tesla (TSLA) CEO on his $44 billion acquisition of …
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EU aims to end use of Russian oil, gas by 2027, Gentiloni tell newspaper

MILAN, April 26 (Reuters) – The European Union aims to reduce its dependence on Russian oil and gas by two-thirds by the end of the year and to zero by the end of 2027, EU Economic Commissioner Paolo Gentiloni told Il Messaggero daily in an interview …
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Chicago Fed President Evans to Retire

CHICAGO (April 21, 2022) – The Federal Reserve Bank of Chicago today announced that Charles L. Evans, president and chief executive officer, will retire from his position in early 2023. Dr. Evans joined the Chicago Fed in 1991 and has served in his …
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