To say that Vladimir Putin threw a wrench into the global energy market this year is an understatement. Since Russia’s invasion of Ukraine in February, Putin’s favorite tool to erode support for the country has been energy. Russian energy companies have limited flows of natural gas to Europe, one of […]
3 local news discussing economic issues
Ahead of Midterms, Most Voters Give the U.S. Economy a Dismal Grade
When it comes to deciding whether the U.S. economy is flourishing or floundering, most voters look at how far their money goes when spending on everyday needs like food, gasoline and housing, according to new Morning Consult data. In a survey conducted in the week leading up to the midterm […]
Gaming ‘somewhat resilient’ to weak economy
Microsoft’s head of gaming said Wednesday that video games can stand up to economic weakness, even as the software maker expects slower pickup in other parts of its business targeting consumers. Rising prices and interest rates have inspired investors to hurry up and find pockets of financial markets that can […]
OPEC Plus oil production cut fuels fears of economic recession in Europe
PARIS — European economists worried about a heightened risk of recession and a bolstered Russia on Thursday, after OPEC Plus, the coalition of oil-producing nations led by Russia and Saudi Arabia, announced that it will slash oil production by 2 million barrels per day. The coalition’s plans prompted a blistering […]