The “Magnificent Seven” companies caught the market by storm in 2023 for their market-crushing gains. But the group has showed signs of cooling off. Nvidia (NASDAQ: NVDA), Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), and Amazon (NASDAQ: AMZN) are the only three Magnificent Seven stocks that are outperforming the Nasdaq Composite (NASDAQINDEX: ^IXIC) over the last three […]
BTC rose over 7.5% on Wednesday, capping its best performance since March 20. Weak U.S. data strengthened the case of a Fed rate cut in September. The BOE and ECB are likely to cut rates in June. Bitcoin {{BTC}} posted its biggest single-day gain in nearly two months on Wednesday as weak U.S. economic data […]
May 15—It’s been more than three months since Oakwood High School’s longtime principal was ordered to take paid administrative leave. The region’s highest-performing school district has declined interview requests, instead issuing a statement that the investigation continues, fewer than two weeks before graduation and the end of the school year. Principal Paul Waller’s suspension came […]
Weeks after a tight vote prompted some Pineville residents to shout at their elected officials, the Town Council has reversed course and chosen a different site for a controversial new electric substation. The Town Council voted unanimously Tuesday night to put the new substation at a site on Nations Ford Road, not the land on […]
The Prime Minister, in his “state of the nation” speech this week, accurately stated that the world is a very dangerous place, and we must ensure that our defence capabilities are up to the task. He is right on the threat but has yet to grasp that one way to meet it is by investing heavily […]
US consumer price increases cooled during the month of April, according to the latest data from the Bureau of Labor Statistics released Wednesday morning. The Consumer Price Index (CPI) rose 0.3% over the previous month and 3.4% over the prior year in April, a slight deceleration from March’s 3.5% annual gain in prices and 0.4% […]
May 14—A Waldoboro man who once ran for the Maine Senate was sentenced to a little more than a year in federal prison for pushing two police officers during the 2021 storming of the U.S. Capitol. Matthew Brackley, 40, was also ordered Tuesday to serve two years of probation and pay $3,000 in fines and […]
Georgia’s parliament has passed a law that critics see as a threat to media freedom and the country’s aspirations to join the European Union. Lawmakers defied weeks of large demonstrations in the capital that also featured anger at neighboring Russia. Here is a look at the law and the protests against it: WHAT DOES THE […]
BANGKOK (AP) — A young Thai activist who went on a hunger strike after being jailed for advocating reform of the country’s system of monarchy died Tuesday in a prison hospital, officials said. Netiporn Sanesangkhom, 28, was a member of the activist group Thaluwang, known for their bold and aggressive campaigns demanding reform of the […]
LAS VEGAS (KLAS) — A Las Vegas man faces several charges including attempted murder after he allegedly shot at a man who he claims jumped him two months prior, according to an arrest report. Artist Wyatt, 35, faces charges of attempted murder, discharging a gun where a person might be, carrying a concealed weapon without […]
OSHKOSH ― The U.S. 45 ramp to southbound Interstate 41 will be closed for at least three months from the end of May to facilitate a road work project. Wisconsin Department of Transportation confirmed the closure in a news release detailing the rehabilitation project on the I-41 Lake Butte des Morts causeway between State 21 […]
By Nell Mackenzie LONDON, May 13 (Reuters) – Hedge funds sold single stocks at the fastest pace in five months in the week to May 10, Goldman Sachs said in a client letter, ahead of U.S. inflation figures that could determine global central banks’ next moves. Sellers also outweighed buyers of global equities for the […]