After socking away savings during the aftermath of the COVID-19 crisis, American households and businesses are watching their financial cushions rapidly deteriorate as prices have soared and the Federal Reserve has substantially raised the cost of borrowing money.
S&P Global Ratings lays out 4 domestic options for putting a damper on a surging U.S. dollar that’s wreaking economic and market havoc. But there’s a problem.
Oil futures climbed Friday for a fifth session in a row to post a strong gain for the week after the recent decision by major oil producers to cut output.