The Biden administration is becoming more aggressive in prodding domestic fossil fuel producers to boost their output amid war overseas and a global energy shortage that has caused the price of gasoline to soar into record territory.
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Goldman Sachs Shutters Russia Business, First Major Wall Street Bank to Leave After Ukraine WarThe move is the latest sign of Russia’s increasing isolation in the third week of President Vladimir Putin’s campaign to overthrow the government of Ukraine.
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Stocks Slump on Wall Street as Oil, Inflation Worries RiseStock market swings have become common in recent weeks, not only day-to-day but hour-to-hour, after Russia’s invasion of Ukraine raised worries about how high prices will go for oil, wheat and other commodities produced in the region.
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Goldman Sachs is the 1st major Wall Street bank to pull out of RussiaThe investment bank says it's 'winding down its business in Russia in compliance with regulatory and licensing requirements,' two weeks after the country first invaded Ukraine.
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