U.S. stocks closed slightly higher on Wednesday after data showed that inflation hit a four-decade high but came in largely in line with economists’ expectations. This somewhat eased fears that the Fed would have to roll back its financial stimulus more aggressively than it is being expected. All the three […]

Pipes bound for a natural gas pipeline in Germany. It is very unlikely that the giant Nord Stream 2 pipeline from Russia to Germany will open this winter and bring relief.Credit…Jens Buettner/DPA, via Associated Press Europe’s energy crunch shows little sign of easing. Natural gas markets, the root of the […]

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