EU embargo on Russian oil puts strain on region’s economies

Senior EU officials are expected to sign off on the oil embargo in the coming days,…

Morgan Stanley downgrades American Eagle, sees big discounts ahead for retailer

Shares of American Eagle Outfitters are down 48.3% this year, according to Morgan Stanley, and are…

China’s economic slowdown showed signs of easing

SINGAPORE – Economic activity in China declined for the third straight month in May, albeit at…

South Africa’s Gold Fields buys Canada’s Yamana in a $6.7 billion deal

Miners based in Johannesburg-South Africa gold field said on Tuesday that it has agreed to buy…

Dangerous traffic for the city is keeping the offices mostly empty

This is not the office that city-going workers despise. This is traffic. covid-19 pandemic As more…

As China’s private developers retreat, state-backed rivals gain

HONG KONG—A nearly year-long setback in China’s housing market is revealing some clear winners: state-owned developers.…

States help business owners save big on federal taxes with a SALT-Cap workaround

WASHINGTON — Business owners are saving more than $10 billion annually in federal taxes through state…

Fed fears affect mortgage bonds, attract investors

Prices are falling for bonds backed by agency mortgage loans from state-owned lenders. fanny mae And…

As China’s private developers retreat, state-backed rivals gain

HONG KONG—A nearly year-long setback in China’s housing market is revealing some clear winners: state-owned developers.…

Stock futures slip, oil prices jump

May 31, 2022 3:39 am ET US stock futures fell after EU pledges and crude prices…