Economy

Germany Steps Up Measures to Conserve Gas as Russia Slows Supply to Europe

Germany Steps Up Measures to Conserve Gas as Russia Slows Supply to Europe

Check out what’s clicking on FoxBusiness.com. Germany will restart coal-fired power plants and offer incentives for companies to curb natural gas consumption, marking a new step in the economic war between Europe and Russia. Berlin unveiled the measures on Sunday after Russia cut gas supplies to Europe last week, claiming technical problems caused by Western …

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US gas tax holiday is "worth considering," Yellen says

US gas tax holiday is “worth considering,” Yellen says

A federal gas tax holiday to ameliorate the burden of soaring gas prices across the nation is an idea “certainly worth considering,” Treasury Secretary Janet Yellen told ABC’s “This Week” on Sunday. Driving the news: The national average price for regular gasoline spiked to a never-before-seen $5 per gallon earlier this month as the country …

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JPMorgan economists evoke God in a chilling research

JPMorgan economists evoke God in a chilling research

This post was originally published on Tker.co. JPMorgan’s global economic research team just published note titled: “They will know I am the lord when I lay my vengeance on them.” The quote comes from Ezekiel 25:17. It was popularized in “Pulp Fiction” by fictional hitman Jules Winnfield — portrayed by Samuel L. Jackson — who …

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Deese says new legislation is White House's 'single most impactful' avenue on inflation

Deese says new legislation is White House’s ‘single most impactful’ avenue on inflation

National Economic Council Director Brian Deese on Sunday said the White House is hoping to make progress on legislation to lower prescription drug prices and other costs “in the coming weeks.” Deese stressed to CBS “Face the Nation” moderator Margaret Brennan that combating high inflation levels remains the White House’s top economic priority. “Our focus …

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Marion's water crisis leaves business owners worrying about the future |  News

Marion’s water crisis leaves business owners worrying about the future | News

MARION, KY – Marion workers are on the edge as businesses they work for that rely on water may be approaching hard times. This comes after Marion declared a citywide emergency. At The Front Porch in Marion, Allie Geary is pulling double duty today as server and manager. In the back of her mind? What’s …

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