Retail sales fell sharply in December as Omicron, inflation and shortages took a bite out of consumer spending. By Al Jazeera Staff A triple whammy of Omicron, shortages and inflation delivered.
Morning Consult’s weekly tracker saw a sharp spike in the share of workers who feel uneasy about returning to the office as Omicron infections spread. By Al Jazeera Staff As Omicron.
By Lewis Krauskopf NEW YORK (Reuters) – Shares of U.S. energy companies are soaring in the early days of 2022, driven by a shift to so-called value stocks and assets.
(Reuters) -Philadelphia Federal Reserve Bank President Patrick Harker said he would currently support three interest rate hikes this year, starting from March, and would be open to more if inflation.
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices increased solidly in December as rental accommodation and used cars maintained their strong gains, culminating in the largest annual rise in.
By Selena Li HONG KONG (Reuters) – British fund manager abrdn is seeking a partner in China for its foray into the wealth management business, its chairman said, potentially joining.
VILNIUS (Reuters) – Taiwan will launch a $1 billion credit programme to help fund joint projects between Lithuanian and Taiwanese companies in six business categories, a Taiwan government minister said.
US consumer prices increased 7% in December compared with a year ago – the sharpest 12-month spike since 1982. By Al Jazeera Staff Consumers in the United States could be forgiven.
The 19-year old security researcher said the software flaw he exploited was not within Tesla’s software or infrastructure. By Katrina Nicholas /Bloomberg A 19-year-old security researcher claims to have hacked remotely.
Aramco, the world’s largest oil firm, will buy 30 percent of a refinery on the Baltic coast, as well as a wholesale fuel unit. By Anthony Di Paola and Maciej Martewicz.
