World

Lael Brainard, one of President Joe Biden's four nominees to the Federal Reserve, is poised to become the U.S. central bank's next vice chair after she cleared a procedural hurdle in the U.S. Senate Monday evening with bipartisan support.

The Russian economy achieved some stability and recovered the value of its currency, but the ever-changing economic landscape indicates the real crunch is yet to strike.

The International Energy Agency suggested a number of lifestyle changes that could save families up to $486 a year on oil and gas consumption.

Bruce LeVell, a former diversity leader under the Donald Trump administration, published an op-ed condemning Black Lives Matter Global Network Foundation and corporations helping to fund the group.

European companies have looked for ways to complete their payments for gas from Russia without violating sanctions.

SpaceX has notched "eye-watering" wins against Russian hackers as it tries to keep Ukraine connected to the internet, Pentagon officials said this week.

Federal Reserve Chairman Jerome Powell said Thursday that central bank officials could raise interest rates by 50-basis points in May and subsequent months as they seek to tame the hottest inflation in four decades.

Treasury Secretary Janet Yellen on Tuesday blamed the Russian war in Ukraine for growing food insecurity and skyrocketing prices, calling institutions to "deepen their response" to risks of hunger.

The global economic outlook has darkened considerably as the Russian war in Ukraine and sky-high inflation weigh on the still-fragile recovery from the pandemic, the International Monetary Fund warned on Tuesday.

Potomac Wealth founder and president Mark Avallone weighs in on inflation.

Multiple GOP state Attorneys General are calling on President Biden to reauthorize the Keystone XL pipeline, saying that his decision to revoke the Trump-era permit has contributed to record-high gas prices and made U.S. allies more dependent on Russia during its invasion of Ukraine.

The World Bank cut its forecast for global economic growth this year as a result of the Russian war in Ukraine and is preparing a $170 billion aid package for struggling nations.

A container ship that was stuck in the Chesapeake Bay for over a month has finally been refloated, officials said.

The Russian economy is poised to collapse this year after the U.S. and its European allies hit the Kremlin with a slew of crippling financial penalties over its unprovoked invasion of Ukraine.

IMF chief warned this week that Russia's invasion of Ukraine has weakened the economic outlook for most of the world and sky-high inflation posed a "clear and present danger" to the global economy.

Russia may have defaulted on foreign bonds for the first time since the years following the 1917 Bolshevik revolution.

President Biden is once again placing blame on Russian President Vladimir Putin for rising inflation in America, telling a crowd in North Carolina that a majority of the increase in pricing throughout the country is a result of “Putin's price hike."

Uber said it is restarting its ridesharing service in the Ukrainian capital of Kyiv on Thursday with the goal of supporting “a return to normality as quickly as possible.”

Here are the “greenest” states in 2022, according to WalletHub.