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Russia's economic growth is masking a looming 'economic catastrophe,' researchers say
Russia's private sector is deteriorating while the nation pours money into its military and defense…
Jennifer Sor
Stock market today: Dow soars 654 points as traders celebrate inflation data
Stocks snapped a three-day streak of losses after June's inflation data came in line with expectati…
Filip De Mott
Stock market today: Stocks climb after inflation drops to 3-year low, solidifying Fed bets
Investors are pricing in with certainty that a rate cut is coming in September, per the CME FedWatc…
Jennifer Sor
Nearly all Chinese banks are refusing to process payments from Russia, report says
Almost all Chinese banks — even small regional ones — are now refusing to accept direct transaction…
Huileng Tan
Russia's business elites signal they are tired of propping up the wartime economy
Russia's key interest rate already stands at 16% and analysts polled by Reuters expect the central …
Huileng Tan
Russia is doubling pay to recruit more soldiers. But many regions can't afford it.
Vladimir Putin recently ordered the doubling of military-recruitment bonuses. It's put certain regi…
Filip De Mott
Russia's 'overheating' economy will face a sharp slowdown next year as labor and sanctions crush momentum, central bank says
Russia's central bank projects that the economy's expansion will slow sharply to 0.5% to 1.5% in 20…
Filip De Mott
Russian inflation will soar even higher as sanctions spark another surge in gas prices, British intelligence says
Inflation in Russia is "highly likely" to remain above target through the rest of 2024, the UK Defe…
Jennifer Sor
Stock market today: Indexes edge higher, yields fall ahead of the Fed's favorite inflation gauge
US stocks finished Thursday slightly higher, with traders awaiting PCE data on Friday for fresh clu…
Max Adams
Russia's oil and gas revenue is reportedly set to boom 50% this month
Russia's oil and gas sales are on track to reach $9.4 billion in June, Reuters estimated.
Jennifer Sor
Russia is looking to rein in the country's property boom as it tries to cool an overheating economy
Russia's government has shelled out about half a trillion rubles since 2020 to fund a program that …
Jennifer Sor
Russia's central bank pushes interest rates to 16% to try and cool war-time inflation
The central bank said bringing inflation to its target in 2024 means "tight monetary conditions wil…
Phil Rosen
Why loosening sanctions would put more pressure on Russia, according to a think tank
The West could spur inflation and buckle Russia's economy if sanctions were loosened on capital flo…
Filip De Mott
Stock market today: Indexes hover at records ahead of big inflation report
The Nasdaq closed at a record, and the S&P 500 hovered just under its own all-time high as investor…
Filip De Mott
Stock market today: Stocks edge higher to close at a record after upbeat producer inflation data
Stocks rose but pared gains from earlier in the day. The 10-year Treasury dropped after May PPI boo…
Max Adams,Filip De Mott
Stock market today: US stocks close at record highs after encouraging May inflation and Fed commentary
The S&P 500 closed above 5,400 for the first time as traders took in upbeat inflation data and mess…
Jennifer Sor
Russia's war-driven economy is so hot that the World Bank upgraded it to a 'high-income country'
Russia's trade rebounded by nearly 7% last year, while activities in the financial sector and const…
Huileng Tan
The boss of Russia's biggest bank said the country's economy is 'definitely and strongly overheated'
Russia's economy is driven by wartime activities, government subsidies that steady the economy, and…
Huileng Tan
Vladimir Putin says that inflation in Russia is making it 'practically impossible' for businesses to plan
Inflation in Russia rose to 5.15% in August, well-above the central bank's 4% inflation target.
Jennifer Sor
Russia's war-driven economic growth is a mirage, and more sanctions are needed to keep pressure on, European finance ministers say
"When taking a closer look at the signals, it becomes clear that everything is not as rosy with the…