Economy

Janet Yellen says OPEC+ production cut is an ‘unconstructive act’

WASHINGTON — Treasury Secretary Janet Yellen said the surprise OPEC+ oil production cut announced Sunday was an “unconstructive act,” which…

Stocks making the biggest moves midday: Tesla, Marathon Oil, WWE, UnitedHealth and more

Check out the companies making the biggest moves midday: Tesla — Shares dropped 6% after the electric-vehicle maker reported total…

‘A bad joke’: Ukraine cries foul as Russia takes the reins of the UN Security Council

Russia assumed the presidency of the United Nations Security Council over the weekend, even as its invasion of Ukraine escalates.…

BofA reports inflows into global stocks are on a record-setting pace — and ETFs may be a way to play the hot trade

There’s a corner of the market gaining traction among ETF investors, according to The ETF Store’s Nate Geraci. The firm’s…

Paying more and earning less: How inflation disproportionately hurts women

There’s one group of people that’s being disproportionately hurt by high inflation: women. The relentless rise in prices hurts women…

Stocks making the biggest moves midday: Bed Bath & Beyond, Digital World Acquisition, Nikola and more

Check out the companies making headlines in midday trading. Bed Bath & Beyond — Shares continued to slide in Friday’s…

San Francisco Fed leader Daly likely not a major player in SVB saga, officials say

San Francisco Fed President Mary Daly, whose district saw the second-largest bank failure in U.S. history and who has become…

Sen. Elizabeth Warren says she wants to make banking boring again

Sen. Elizabeth Warren wants banking to be “boring” again following the failures of Silicon Valley Bank and Signature Bank. “What…

It’s the U.S., not Europe’s banking system that’s a concern, top economists say

Europe learned its lessons after the financial crisis and is now in a strong position to weather further stress in…