The White House has announced that the United States and allies are taking action that could potentially cripple Russia’s economy in response to the Ukraine invasion.
Nations in the West are pushing for the “financial nuclear option” of banning Russia from SWIFT over the invasion of Ukraine.
Russia has insisted that it will survive the “emotional” financial market reaction to Moscow’s invasion of Ukraine.
Russia’s former President Dmitry Medvedev has warned that gas prices will more than double after Germany announced a freeze on the Nord Stream 2 pipeline.
Billionaire Carl Icahn has ramped up his campaign against McDonald’s over the fast-food giant’s pig sourcing policy, which the activist investor says is obscene.
French automaker Renault has warned that its production may be severely impacted due to supply chain issues in Russia.
Democrat President Joe Biden’s order to force a $15 per hour minimum wage for federal contract workers has been partly blocked by the U.S. Court of Appeals for the 10th Circuit.
Democrat Senator Joe Manchin has finally got President Joe Biden’s administration to admit that inflation has become “a burden for a lot of people.”
Senate Republicans have boycotted a vote on Democrat President Joe Biden’s nominees to fill vacant seats on the Federal Reserve Board.
A federal judge has blocked a key executive order on climate change that was signed by Democrat President Joe Biden on his first day in office last year.