USA

Several major US banks are threatening to leave an alliance led by United Nations climate envoy Mark Carney. There are concerns about legal risks. That reports business newspaper Financial Times citing sources. These include banks…
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American snack and soft drink manufacturer PepsiCo has stopped making Pepsi, 7UP and Mountain Dew in Russia. The eventual cessation of production follows the company's promise almost six months ago to cease sales and production in Russia…
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Ten-year yields on US government bonds have risen above 3.5 percent for the first time since 2011. The reason is US inflation, which remains high. As a result, investors expect the US central bank to raise the key rate…
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Nancy Pelosi has incurred the wrath of Azerbaijan. On Sunday, the Speaker of the US House of Representatives condemned what she believed to be an "illegal" attack by Azerbaijan on Armenia last week. Azerbaijan called that statement…
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FedEx saw nearly a quarter of its market value evaporate in the stock markets in New York on Friday. In addition, the major US parcel carrier came with severely disappointing quarterly results and withdrew its full-year profit forecast.…
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Inflation in the United States cooled further in August compared to a month earlier. This was mainly because Americans spent less money on gasoline last month. According to the US government, inflation was 8.3 percent year-on-year…
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The latest iPhone in the US no longer has a slot to insert a physical SIM card. So from now on, Apple will only work with eSIM there. It wasn't immediately noticeable during the presentation, but Apple has made a small change in…
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The price cap that the G7 countries are planning to introduce on Russian oil should remove the risk premium from the oil market. A US Treasury Department official said that the extra premium on oil prices resulted from Russia's invasion of…
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