Germany triggers gas alarm stage, accuses Russia of ‘economic attack’

Pipes at the landfall facilities of the ‘Nord Stream 1’ gas pipeline are pictured in Lubmin, Germany, March 8, 2022. REUTERS/Hannibal Hanschke//File Photo Register now for FREE unlimited access to Reuters.com Register West, Russia in energy standoff since Ukraine invasion German minister warns of ‘rocky road’ ahead Minister does not rule out gas rationing Says … Read more

Crypto industry fears contagion as bitcoin slips under $20,000

Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 14, 2018. REUTERS/Dado Ruvic/File Photo Register now for FREE unlimited access to Reuters.com Register LONDON/HONG KONG, June 20 (Reuters) – The cryptocurrency industry was on edge on Monday as bitcoin struggled to stay above … Read more

Biden demands oil companies explain lack of gasoline as prices rise

Gas prices over the $6.00 mark are advertised at a 76 Station in Santa Monica, California, US, May 26, 2022. REUTERS/Lucy Nicholson Register now for FREE unlimited access to Reuters.com Register WASHINGTON, June 15 (Reuters) – US President Joe Biden on Wednesday demanded oil companies explain why they aren’t putting more gasoline on the market, … Read more

Major crypto lender Celsius freezes withdrawals as markets tumble

LONDON, June 13 (Reuters) – Major US cryptocurrency lending company Celsius Network on Monday froze withdrawals because of “extreme market conditions,” in the latest sign of pressure on the sector from tumbling crypto markets. Celsius Network, a significant player in crypto lending, offers interest-bearing products to customers who deposit their cryptocurrencies with the company, and … Read more

Biden says federal government to fund New Mexico wildfire recovery

SANTA FE, NM, June 11 (Reuters) – The US federal government will fund New Mexico’s full wildfire response, President Joe Biden said on Saturday speaking from Santa Fe amid anger from survivors over the blaze that was started by federal officials. “We have a responsibility to help the state recover,” Biden told elected officials and … Read more

U.S. gasoline average price tops $5 per gallon in historic first

June 11 (Reuters) – The price of US gasoline averaged more than $5 a gallon for the first time on Saturday, data from the AAA showed, extending a surge in fuel costs that is driving rising inflation. The national average price for regular unleaded gas rose to $5,004 a gallon on June 11 from $4,986 … Read more

Yellen says U.S. inflation ‘unacceptable’ but likely to stay high

WASHINGTON, June 7 (Reuters) – The United States faces “unacceptable levels of inflation” Treasury Secretary Janet Yellen told senators on Tuesday, adding that it was likely to remain high but that she hoped price increases would soon moderate. At a Senate Finance Committee hearing, Yellen rejected Republican assertions that the highest inflation in 40 years … Read more

EXCLUSIVE Feeling ‘super bad’ about economy, Musk wants to cut 10% of Tesla jobs

SpaceX founder and Tesla CEO Elon Musk looks on as he visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. REUTERS/Michele Tantussi/File Photo Register now for FREE unlimited access to Reuters.com Register SAN FRANCISCO, June 2 (Reuters) – Tesla (TSLA.O) CEO Elon Musk has a “super bad feeling” about … Read more

Russian forces advance in key eastern city, U.S. to send advanced rockets to Ukraine

Advanced US rockets will not be fired into Russia – official Russia conducts nuclear drills Russian forces tighten grip on city of Sievierodonetsk Russia cuts more gas to Europe after EU agrees oil ban KYIV, June 1 (Reuters) – Russian troops on Wednesday pressed their assault on a factory city they see as key to … Read more

Ukraine claims battlefield successes in northeast as Russians fall back

Ukraine says its forces have pushed through to Russian border Russia warns of consequences over Finland, Sweden NATO move NATO chief says Russian offensive not going to plan Situation still tough in south RUSKA LOZOVA, Ukraine/KYIV, May 16 (Reuters) – Ukrainian troops counter-attacking against Russian forces in the country’s northeast have pushed them back from … Read more