Finance

President Biden's administration is set to announce a slew of sanctions against Russia on Wednesday as the country's invasion of Ukraine continues.

Liquidity is all about how quickly you can turn an asset or security into cash.

A major Russian steel company is on the verge of default after Citigroup froze its debt payment.

The United States on Thursday announced a raft of new financial sanctions on Russian lawmakers and defense companies, further ratcheting up financial pressure on Moscow over its invasion of Ukraine.

A bipartisan group of senators is working with the Treasury Department to prevent Russia from liquidating its giant stash of gold, potentially blocking one of the Kremlin's last methods for circumventing punishing financial sanctions.

FOX Business host Larry Kudlow weighs in on the cause of record-high inflation on 'Kudlow.'

Goldman Sachs has executed its first over-the-counter cryptocurrency transaction, marking a significant step towards possible wider adoption among major Wall Street banks.

International officials met in February to map out a strategy to financially cripple Russian President Vladimir Putin amid Russia's invasion of Ukraine, a strategy that sparked the global economic war against Putin.

Russia appears to have averted a historic debt default after claiming on Friday that it fulfilled a critical interest rate payment on two dollar-denominated bonds.

Koch Industries is planning to continue running two glass manufacturing facilities in Russia, saying it doesn't want to hand over the plants to the Russian government.

Jobless claims fell to 214,000 by the end of last week as layoff numbers continue to decline.

Russia claimed on Thursday that it had fulfilled a critical interest rate payment on two dollar-denominated bonds, potentially avoiding a historic debt default.

Federal Reserve Chair Jerome Powell said recent holdups at the Fed don't impact the ability to fight inflation — which is not what the White House has said.

Russia spirals closer to a historic debt default that could ripple throughout the global economy after the U.S. and its European allies hit the Kremlin with a slew of crippling financial sanctions.

Former Treasury Secretary Larry Summers slammed the Federal Reserve Wednesday for being too timid in its fight against inflation.

Senate Minority Leader Mitch McConnell Tuesday said President Biden should "admit" his mistake and withdraw Fed nominee Sarah Bloom Raskin.

Chinese stocks took a dive on Monday as the country combats its worst COVID-19 outbreak in two years and concerns grow over Beijing's close relationship with Moscow.

Russian prosecutors have issued stern warnings to Western businesses operating in Russia, threatening to arrest corporate leaders who criticize the Kremlin or to seize the assets of companies that pull out of the nation.

FOX Business host Larry Kudlow slams Biden over record-high inflation on 'Kudlow.'

Russia’s central bank, faced with unprecedented sanctions and a plummeting ruble, said Wednesday it was suspending the sale of foreign currencies through September.