Russia's war at 6 months: A global economy in growing dangerIt's almost six months since Russia invaded Ukraine, and the consequences are posing a devastating threat to the global economy.
Biden's burdens grow: Sagging global economy adds to US woesPresident Joe Biden embarks for Asia on Thursday facing a new risk for the economy at home: a global economic slowdown caused by Russiaโs invasion of Ukraine and the pandemic shutting down Chinese cities and factories.
Russia war ends era of globalization that kept inflation lowFor decades, the free flow of trade across much of the world allowed the richest nations to enjoy easy access to low-priced goods and supplies.
Dilemma for Fed chief: High inflation and a surging virusNot long ago, anticipation was high that Federal Reserve Chair Jerome Powell might begin to sketch out a plan this week for the Fed to start pulling back on its support for an economy that has been strengthening.
G20 ministers take up plan to deter cross-border tax dodgingU.S. President Joe Biden's proposal for a global minimum corporate tax will get another going over at a meeting of top finance officials.