European oil sanctions are due to come into force on December 5. The idea is to reduce Russia’s oil revenues given its war in Ukraine. Andrei Rudakov | Bloomberg | Getty Images Upcoming sanctions on Russian oil could be “really disruptive” for energy markets if European countries fail to set a cap on prices, analysts …
According to Goldman Sachs, the Federal Reserve’s preferred measure of inflation will fall below 3% by the end of next year as supply constraints ease, the cost of housing declines and the labor market will cool. Such an outcome could allow the Federal Reserve to be less aggressive in its cycle of raising interest rates …
Inflation will drop ‘significantly’ next year, Goldman Sachs economists say Read More »
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler outlined two paths the agency is taking to regulate the crypto industry. Meanwhile, a US congressman is investigating whether Gensler helped FTX CEO Sam Bankman-Fried and his bankrupt crypto exchange over legal loopholes to gain a regulatory monopoly. SEC Chairman Gensler on the loss of FTX …
