Europe

FOX Business host Stuart Varney discusses the impact inflation has on Americans' 401(k) and the energy crisis plaguing Europe

The U.S. would have one of the highest corporate tax rates in the world under a Democratic proposal that would overhaul the nation's tax code.

Last year’s grape harvest was a harrowing scramble at Mirko Cappelli’s Tuscan vineyard. With the Italian border closed because of the pandemic, the Eastern European workers he had come to rely on couldn’t get into the country. The company he had contracted to supply grape pickers had no one to offer him. He ultimately found just enough workers to bring the grapes in on time.

The overall inflation level was boosted by a jolting 17.4% increase in energy prices. Core inflation, which excludes volatile fuel and food, was more modest at 1.9%.

A Danish artist who was was given a pile of money by a museum with which to create a piece of artwork, submitted two empty canvases — titled “Take the Money and Run.”

The U.S. and European Union pledged Wednesday to deepen its alliance for the sake of advancing common priorities like artificial intelligence, trade challenges and the “underpin” to global economies: semiconductors.

Alphabet Inc.’s Google started its appeal Monday to overturn a $5 billion antitrust fine imposed by the European Union, contending that its Android operating system for mobile devices has boosted competition rather than foreclosing it.

U.S. stock futures ticked higher ahead of data that are expected to show rising demand for durable goods.

Polestar is nearing a deal to go public through a merger with a special-purpose acquisition company that would value the Swedish electric vehicle maker at $21 billion, according to people familiar with the matter.

Germany’s center-left Social Democrats and outgoing Chancellor Angela Merkel’s center-right bloc both laid claim Sunday to lead the country’s next government as projections showed the long-time leader’s party heading for its worst-ever result in a national election.

As Germany’s Angela Merkel steps down, the German elections will pave the way for a new generation of leadership for Europe’s largest economy.

Governments around the world have long encouraged motorists to buy electric cars. Now they are starting to grapple with a consequence of the green drive: dwindling income from fuel taxes.

UK Prime Minister Boris Johnson said he told Amazon founder Jeff Bezos that the e-commerce behemoth must pay its fair share in taxes.

Germany’s car culture -- hovering between a past of petrolheads and a future of green zealots -- is up for debate at the polls as the country moves on Sunday to pick the candidate to succeed Angela Merkel as German chancellor.