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Posted 23/06/2022

Oil Prices Fall as Recession Fears Mount, Fed’s Powell Plans to Continue Rate Hikes

Oil prices dropped around 3% along with other major commodities as fears of a...

Posted 23/06/2022

Jerome Powell Admits Possibility of Recession, Saying Soft Landing Difficult to Achieve

The Federal Reserve Chairman Jerome Powell told the congressional lawmakers yesterday that the central...

Posted 22/06/2022

Oil Plunges 5% as Biden Aims to Cut Fuel Taxes and Ask Producers for Price Reduction

Oil prices plunged more than 5% on Wednesday as the U.S. President Joe Biden...

Posted 22/06/2022

Food and energy price hikes push UK inflation to fresh 40-year high of 9.1% in May

Inflation in the UK reached a record 40-year high of 9.1% in May, as...

Posted 21/06/2022

Europe Considers Returning to Coal amid Lower Gas Supply from Russia Sanctions

European countries are considering burning more coal as they are racing to find an...

Posted 20/06/2022

US Stock Futures Edge Higher as the Market Picks Up from Bear Territory

U.S. stock futures edged higher on Monday after coming out of its worst week...

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