This is not your father’s Cold War. In the Eisenhower-Khrushchev era, the West, Russia and China lived in separate economic spaces. Nuclear weapons posed limited danger, because neither the United States nor Russia could strike the other without risking annihilation. …
I am seeing opinion pieces on how heavy sanctions against Russia represent the first economic war in history. It isn’t. It may be another “world war” that is beginning with the imposition of economic sanctions. It is simply too soon …
The Russian military sustained a major blow Thursday when the flagship of the country’s Black Sea fleet was badly damaged and its crew evacuated. Ukrainian officials said their forces hit the vessel with missiles, while Russia acknowledged a fire aboard …
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Oil futures rose Wednesday, extending a gain seen the previous session after Russian President Vladimir Putin said negotiations with Ukraine had hit a dead end. Price action West Texas Intermediate crude for May delivery CL00, +1.15% CL.1, +1.15% CLK22, +1.15% …
President Joe Biden was in corn state Iowa Tuesday to announce he’ll suspend a federal rule preventing the sale of higher ethanol blend gasoline this summer as one way to possibly bring down prices at the pump. Such action will …
CHAPEL HILL, N.C. –Want to lock in a greater-than-8% return with U.S. Treasurys over the next 12 months? Of course you would, especially given the higher-than-expected inflation numbers reported this week, with the Consumer Price Index rising 8.5% over the …
When Russian President Vladimir Putin launched his war against Ukraine, most observers predicted the conflict would end quickly with a Russian flag flying over Kyiv. Just as projections about the conflict have been exaggerated, so too are those forecasting the …
President Joe Biden on Monday defended his administration’s new rule aimed at ghost guns, pushing back against gun-rights advocates who have labeled it as “extreme.” Such guns lack serial numbers, can be made at home from kits and are increasingly …
President Joe Biden extended the lifeline the federal government has provided to most student-loan borrowers during the pandemic. But that doesn’t mean these borrowers are feeling any more assured of their financial health. The ongoing pause for federal student-loan repayments …
The Senate on Thursday voted to confirm the nomination of Judge Ketanji Brown Jackson to the Supreme Court. Jackson is set to become the first Black woman to serve on the country’s highest judicial body. Here are four things to …
As we consider how the war in Ukraine will end, we must first understand how it began. Russia invaded for geostrategic reasons — having Ukraine as a buffer state safeguards Moscow from invasion from the west — and for economic …