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Russia working on financial stability as Kremlin decries ‘unacceptable’ inflation

Russia working on financial stability as Kremlin decries ‘unacceptable’ inflation

© Reuters. Local resident Maria Komissarova, 29, holds Russian rouble coins and a 50-rouble banknote as she buys food at a supermarket in the Siberian town of Tara in the Omsk region, Russia, December 14, 2021. Picture taken December 14, 2021. REUTERS/Alexey Malgavk MOSCOW (Reuters) – The Kremlin on Wednesday lamented Russia’s inflation level of…

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Investors Poured Record $14.5 Billion Into Space Companies Including Elon Musk’s SpaceX In 2021

Share to FacebookShare to TwitterShare to LinkedinTopline Space companies including SpaceX and Sierra Space received nearly $15 billion of private investments in 2021—including a whopping $4.3 billion in the fourth quarter, a record-setting year for a booming industry as investors continue to bet on the “space economy.” An illustration of the SpaceX Starship human lander…

Stock Market Sell-Off Continues As Rates Surge, Goldman Sachs Falls 8%

Stock Market Sell-Off Continues As Rates Surge, Goldman Sachs Falls 8%

Share to FacebookShare to TwitterShare to LinkedinTopline The stock market plunged on Tuesday after Goldman Sachs reported disappointing quarterly earnings—continuing a trend of lackluster bank results, while surging government bond yields hit two-year highs. Bank earnings continued to disappoint as firms warned of rising expenses. Richard Drew/ASSOCIATED PRESS Key Facts The Dow Jones Industrial Average…

White House says it wants a 5G solution that protects air safety, minimizes disruptions

White House says it wants a 5G solution that protects air safety, minimizes disruptions

© Reuters. FILE PHOTO: Press Secretary Jen Psaki holds a media briefing at the White House in Washington, U.S., December 14, 2021. REUTERS/Evelyn Hockstein WASHINGTON (Reuters) – The White House said on Tuesday that it wants to reach a solution on 5G deployment that protects air safety while minimizing disruption to air travel.”Our objective is…