Stubbornly high rents and food prices boost US inflation in August

The consumer price index increases by 0.1% in August Rents, food and health care explain the rise in the CPI Core CPI jumped 0.6%; increased 6.3% year-over-year WASHINGTON, Sept 13 (Reuters) – U.S. consumer prices rose unexpectedly in August and core inflation accelerated amid rising rent and health care costs, giving the Federal Reserve ammunition … Read more

Ukrainian troops advance after Russia’s collapse in the northeast

Join now for FREE unlimited access to Reuters.com Register Ukraine says it is taking back 20 more settlements in one day Britain says Moscow probably ordered a retreat across the river Months of Russian gains unraveled in days KYIV/KHARKIV, Ukraine, September 12 (Reuters) – Ukrainian forces swept through territory seized from fleeing Russian troops on … Read more

Ukrainian troops raise flag at rail hub as advance threatens to turn into rout

Join now for FREE unlimited access to Reuters.com Register Ukraine breakthrough is fastest progress in months Thousands of Russian soldiers risk being surrounded KYIV/HRAKOVE, Ukraine, September 10 (Reuters) – Ukrainian officials shared photos on Saturday showing troops hoisting the national flag above the main railway town that supplied Russian forces in northeastern Ukraine , as … Read more

EU divided over capping Russian gas price amid ‘energy war’

Register now for FREE unlimited access to Reuters.com Register Countries resist EU proposal to cap Russian gas price Broader support seen for cash aid to energy firms Ministers to discuss windfall levy, electricity use cut BRUSSELS, Sept 9 (Reuters) – European Union energy ministers were split on Friday over whether to cap Russian gas prices, … Read more

Kyiv’s ‘substantial victory’ recognized on Russian TV after Ukraine breakthrough

Zelenskiy says forces have taken over towns and villages Blinken heads to Kyiv with new US aid package KYIV, Sept 9 (Reuters) – Russian state television aired an interview on Friday acknowledging that Kyiv had won a “substantial victory” after Ukrainian forces stormed across the frontline. The Ukrainian breakthrough near Kharkiv was the fastest advance … Read more

Oil settles below $90 as recession fears grow

An oil pump jack pumps oil in a field near Calgary, Alberta, Canada, July 21, 2014. REUTERS/Todd Korol/File Photo Join now for FREE unlimited access to Reuters.com Register Sep 7 (Reuters) – Oil prices slumped on Wednesday, falling below levels seen before Russia invaded Ukraine as downbeat Chinese trade data fueled investor worries about recession … Read more

Putin calls for review of Ukrainian grain deal, accuses West of deception

Putin accuses Kyiv and West of flouting grain deal Says too much grain goes to EU and not to poor countries Said wants to discuss the evolution of the terms of the agreement Plans to talk to Turkish President about it soon KYIV, Sept 7 (Reuters) – President Vladimir Putin said on Wednesday he wanted … Read more

UK weighs in on huge package of support as Europe battles energy crisis

Manuela Schwesig, Premier of the State of Mecklenburg-Western Pomerania, and Markus Soeder, Premier of the State of Bavaria, visit a pipeline transfer station of the Baltic Sea Pipeline Link near Lubmin, Germany , August 30, 2022. REUTERS / Lisi Niesner Join now for FREE unlimited access to Reuters.com Register UK to freeze energy bills for … Read more

New bombings spark nuclear fears as Kyiv and Moscow await UN report

Zaporizhzhia power plant cut off from grid but operating safely – IAEA Zelenskiy warns of near nuclear ‘catastrophe’ day before report Kyiv cites battlefield gains, including city of Kherson province European markets hit hard by closure of Russian gas pipeline KYIV, Sept 5 (Reuters) – Power to a critical nuclear power plant in Ukraine was … Read more

Asian stocks flat as investors await more action on rates

People walk past an electronic screen displaying Japan’s Nikkei stock price index inside a conference room in Tokyo, Japan June 14, 2022. REUTERS/Issei Kato/File photo Sign up now for FREE unlimited access to Reuters.com Record HONG KONG, Sept 6 (Reuters) – Asian stocks largely erased morning gains on Tuesday afternoon as investors remained cautious ahead … Read more