The rapidly unfolding geopolitical and humanitarian crisis in Ukraine rippled through Wall Street on Monday as investors tried to calculate the impact of
Category Archives: business
Russian economy spirals into deepening crisis as sanctions send people into panic
Widening Western sanctions roiled the Russian economy Monday, forcing the ruble to crater close to 30 percent against the U.S. dollar.
Target raising wages up to $24 an hour for some workers
Workers at Target stores and distribution centers in places like New York could see starting wages as high as $24 an hour.
BP to offload stake in Russia’s Rosneft, cites invasion of Ukraine
British energy giant BP announced Sunday it was offloading its 19.75 percent stake in Rosneft, a Russian-controlled oil company.
Will Russia-Ukraine conflict slow summer travel to Europe?
Spring and summer were looking great for European travel, as borders reopened, international restrictions lifted and millions of travelers booked overseas
Chris Licht to become new CNN president following Jeff Zucker ouster
Longtime television producer Chris Licht is set to become the next president of CNN following Jeff Zucker’s resignation earlier this month.
Peloton can claw its way back after multiple high-profile blunders
Peloton’s history of miscalculation could have signaled the end for a lesser company.
Investor fears over Russia-Ukraine conflict are overblown, experts say
Wall Street wrapped up the week with big gains on Friday, even as market observers said that investors probably hadn’t seen the last of the volatility that
Russia-Ukraine conflict impacts U.S. economy
The stock market staged a huge recovery from an 859-point selloff at the open after President Biden didn’t announce the toughest possible sanctions against Russia. Meanwhile, oil pushed $100 per barrel on the global market. For every $10 increase, gas prices also rise by 20 cents.
Wall Street's wild ride ends the day on an upward note after Biden's speech
The market snapped its five-day losing streak Thursday after a roller-coaster ride that saw Wall Street plunge in the morning after Russia began its invasion