Textron stock soared Tuesday after the defense company won a contract worth up to $80 billion to build a new helicopter for the Army. Word of the award came late Monday. The Army is turning to Textron...
Tag: Military Action
$8 a gallon gas? RBC energy guru on why we should brace for higher oil prices
American consumers may have gotten a bit of a break from sky-high gas prices over the past few months as the prices for oil and natural gas in the U.S. have eased off their peaks from earlier this yea...
Defense Companies Hurt by Staffing Shortages Amid Growing Weapons Demand
July 30, 2022 11:04 am ET Listen to article (2 minutes) U.S. defense companies are experiencing staffing shortages when the war in Ukraine and tensions surrounding Taiwan are expected to stoke demand ...
Default Won’t Trigger a Long Winter for Russia
Failing to pay your debts can stop you getting a loan again. Except if you are a country—even Russia. Russia has defaulted on its foreign debt for the first time since the Bolshevik Revolution. Becaus...
Some European Factories, Long Dependent on Cheap Russian Energy, Are Shutting Down
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Russia Is Likely to Default on Its Debt Soon. What That Means for Markets.
Text size Spires of St Basil’s Cathedral in Moscow’s Red Square. Cameron Spencer/Getty Images About the author: David Beers is a senior fellow at the Center for Financial Stability, a NY-b...
As Putin eyes a date to declare victory, here’s a Ukraine scenario that could slam stocks by another 10%
Stocks are set to get a major bump on Thursday, thanks to blowout results from Tesla, which go some way in easing the sting over Netflix disappointment. With earnings sharply in focus for now, market ...
Opinion: Why the United States is reluctant to become the Saudi Arabia of natural gas
OXFORD, England (Project Syndicate)—With images of Russian aggression and war crimes in Ukraine continuing to dominate the media in Europe and around the world, Germany has pledged to cut its imports ...
Oil rises after reported strike on Saudi oil facility, with global prices up nearly 12% for the week
Oil futures finished higher on Friday, giving up earlier declines and boosting global prices by nearly 12% for the week, after reports of an attack on an oil facility in Saudi Arabia renewed concerns ...
Larry Fink says globalization is over — Here’s what it means for the markets
BlackRock founder Larry Fink declared that the Russia-Ukraine war is bringing the era of globalization to an end, but investors should keep in mind that the global economy and the financial system can...
Dow ends 350 points higher as Biden touts NATO response to Russia-Ukraine war, Fed speakers
U.S. stocks closed higher Thursday afternoon, as world leaders met to respond to Russia’s invasion of Ukraine and investors monitored remarks by Federal Reserve officials. Technology and communication...
Opinion: Ukraine war is a wake-up call to ditch oil and gas forever
That invasion, and the subsequent U.S. ban on oil imports from Russia, are partly responsible, but they aren’t the only reason. According to the U.S. Energy Information Administration, the impact of t...
‘Not the Best Look From Vanguard’: Community Conversations
Readers can’t get enough of a story about a lawsuit filed against the indexing giant. In fact, the story generated record traffic for Barron’s Advisor (in less than 48 hours). Other stories that are s...
Remember the stock market before the war in Ukraine? JP Morgan says negativity is overblown, offers 4 hedges
“Markets appear to have been trafficking in an odd mix of hope, fear and uncertainty.” That was Mizuho Bank, summing up the state of play for markets since Russia’s invasion of Ukraine nearly three we...
Opinion: Ukraine War Likely Has Triggered Lasting Bear Market
If historical precedent offers any guidance, the currently high valuations of the S&P 500, which remain elevated even after recent declines, mean that a prolonged bear market is likely in the near...
Fed to hike interest rates Wednesday, undeterred by lack of visibility on Russia-Ukraine war’s impact
On Saturday, a strong late winter storm caused havoc on the East Coast, particularly in Pennsylvania, with drivers experiencing severely reduced visibility as winds blew snow across the roads. Speed l...
Hang Seng slumps 3% over COVID lockdown worries, oil falls as Russian attacks in Ukraine intensify
BANGKOK (AP) — Stocks were mixed in Asia and oil prices fell Monday as uncertainty over the war in Ukraine and persistently high inflation kept investors guessing about what lies ahead. Tokyo and Sydn...
Opinion: The Fed needs to target a floor for the 10-year Treasury, in addition to radically raising the fed funds rate
Federal Reserve Chairman Jerome Powell faces the toughest task since Chairman Paul Volcker tamed the Great Inflation of the 1970s and early 1980s. And a lot of the pressures driving the most virulent ...
Asian markets tumble as oil prices shoot higher amid calls for more sanctions against Russia
TOKYO — The price of oil jumped more than $10 a barrel and Asian markets were sharply lower Monday as the conflict in Ukraine deepened amid mounting calls for harsher sanctions against Russia. Brent c...
The Russia-Ukraine war is fueling the ‘biggest supply shock to global grain markets’ in living memory
Wheat futures have surged by more than 40% over the last five days, on track for the biggest weekly rise since at least 1959 as Russia’s invasion of Ukraine crimps exports of the crucial food grain an...
Dow falls nearly 600 points as Russia says it will begin attacks on Kyiv
U.S. stocks traded lower near midday Tuesday as Russia stepped up attacks on Ukraine and warned it would begin “high-precision” strikes on the capital, Kyiv, as its invasion enters a sixth day. What’s...
Opinion: The Fed must boost rates by a full percentage point at every meeting to bring down inflation and avoid a job-killing recession
The Fed has taken aim at inflation, but it isn’t moving fast enough. Earlier this month the Fed boosted the federal funds rate by half a point, and more half and quarter point increases are almost cer...