Bloomberg Germany’s fears that soaring power and gas prices could trigger a deeper crisis is starting to get real. Several hundred local utilities are coming under strain and need support, according to the head of Germany’s largest energy lobby group. The companies, generally owned by municipalities, supply households and small businesses directly and are a key part of the ...

Britain’s longest-serving monarch has died. It feels like a death in the family. Born in 1926, the year that John Logie Baird gave the first public demonstration of television, and crowned in 1953, the year of Joseph Stalin’s death, the Queen has been with us for so long that only a sliver of the population can remember life without her. ...

Financial conditions have tightened in the past three weeks, with stocks dropping, corporate credit yield spreads widening and mortgage rates rising back to almost 14-year highs. If the data continues to show inflation is moderating, it could be enough to help convince Federal Reserve Chair Jerome Powell and his central bank colleagues to only institute a modest interest-rate increase when ...