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Oil Prices Rise on Talk of Russian Output Cut
Posted inEmbargoes and Sanctions Novak, Alexander Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Production Russia Russian Invasion of Ukraine (2022)

Oil Prices Rise on Talk of Russian Output Cut

Russia’s deputy prime minister said the country would reduce its oil production by about 5 percent to counter Western sanctions.
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Posted by By Stanley Reed
How Multicurrency Accounts Take the Bite Out of Spending Money Abroad
Posted inBanking and Financial Institutions Chime (Bancorp Bank) Currency Personal Finances Prices (Fares, Fees and Rates) Revolut Technologies Inc TransferWise Ltd Travel and Vacations Visa Inc

How Multicurrency Accounts Take the Bite Out of Spending Money Abroad

Travelers fed up with lousy exchange rates and punitive foreign transaction fees are signing up for apps that let them decide where the buck (or euro or pound) stops.
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Posted by By Danielle Braff
Big Brands Keep Raising Prices, With Limited Shopper Resistance
Posted inCompany Reports Consumer Behavior Inflation (Economics) Pepsico Inc Prices (Fares, Fees and Rates) Procter & Gamble Co Unilever NV United States Economy

Big Brands Keep Raising Prices, With Limited Shopper Resistance

Consumers continue to absorb significant price increases by PepsiCo, Unilever and others. The companies say that prices will remain high in the months to come.
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Posted by By Isabella Simonetti
As Biden Prepares to Tout Economy, Fed Chair Powell Takes a Cautious Tone
Posted inBiden, Joseph R Jr Federal Reserve System Inflation (Economics) Interest Rates Powell, Jerome H Prices (Fares, Fees and Rates) United States United States Economy United States Politics and Government

As Biden Prepares to Tout Economy, Fed Chair Powell Takes a Cautious Tone

The White House has embraced signs that the economy is strong. For the Fed, that strength could prolong its fight against inflation.
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Posted by By Jeanna Smialek

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