European Central Bank policymakers saw the need for a cautious approach to normalization amid rising geopolitical risks and chose to wait for the macroeconomic projections in March to make a better assessment of the outlook for euro area, minutes of the latest rate-setting session showed Thursday. “Geopolitical tensions had increased, and a prolonged phase of high energy costs constituted a […]
Read moreUS ‘shooting ourselves in the foot’ on energy amid Russia, Ukraine conflict: Former Gulf Oil CEO Former Gulf Oil CEO Joe Petrowski weighs in on prices for the commodity soaring as the Russia-Ukraine crisis rages on. Car factories idled, beer stopped flowing, furniture and fashion orders ceased, and energy companies fled oil and gas projects. Russia’s invasion of Ukraine has […]
Read more
Deutsche Lufthansa AG reported Thursday a loss in its fiscal 2021, narrower than last year, with strong growth in traffic and capacity. Passenger load factor, meanwhile, was lower than last year. Looking ahead, the German airline expects a further recovery in air traffic for the 2022 financial year. Lufthansa shares were losing around 7 percent in German trading. In the […]
Read more
The Euro area manufacturing sector expanded in February with growth in both output and new orders gaining further momentum following improvements in January, final survey data from IHS Markit showed on Tuesday. The manufacturing Purchasing Managers’ Index fell to 58.2 in February from 58.7 in the previous month. The flash reading was 58.4. A score above 50.0 indicates expansion in […]
Read moreFOX Business Flash top headlines for February 28 Here are your FOX Business headlines. TOKYO, March 1 – Toshiba Corp said on Tuesday Chief Executive Satoshi Tsunakawa is resigning – a sudden departure that comes after sources said internal opposition to the industrial conglomerate's controversial restructuring plans grew. Toshiba's shares surged 3% on what was seen as a significant changing […]
Read moreFOX Business Flash top headlines for February 26 Here are your FOX Business headlines. TOKYO – The rouble plunged nearly 30% to an all-time low versus the dollar on Monday, while the euro sank after Western nations announced fresh sanctions to punish Russia for its invasion of Ukraine, including blocking some banks from the SWIFT international payments system. Safe-haven currencies […]
Read morePiro on Russian invasion of Ukraine: Wait to see what happens with China ‘Fox & Friends First’ co-host Todd Piro argues Biden connotes ‘weakness’ as mainstream media presses him on handling of Russia. Russia and China have maintained a close working relationship for years, but that relationship appears to be in question after Russian President Vladimir Putin made the decision […]
Read moreFOX Business Headlines 2/25 Here are your FOX Business headlines. BRUSSELS — After the political outrage against Russia comes the economic reckoning. Finance ministers of the 19 countries that use the euro gathered Friday in Paris to weigh the economic fallout of Russia’s invasion of Ukraine and the resulting European Union sanctions. The EU, and allies like the U.S., are […]
Read more
Some of the first questions asked in the decennial census are about how many people live in a household and their relationship to the head of the household. If there is no answer beyond “Person 1,” it is presumed that the person lives alone. According to the 2020 census, 37 million adults lived alone, up from 33 million in 2010. […]
Read more