The Dow Jones Industrial Average was lower after Federal Reserve Chair Jerome Powell spoke out on interest rates on a Sunday TV show. Magnificent Seven stock Nvidia (NVDA) rallied on a price-target hike while Alphabet (GOOGL) and Apple (AAPL) also rose. Famed fund manager Cathie Wood snapped up a stock that has plunged from recent […]
BEIJING (Reuters) – Many Chinese are venting their frustration at the slowing economy and the weak stock market in an unconventional place: the social media account of the U.S. Embassy in Beijing. A post on Friday on protecting wild giraffes by the U.S. embassy on Weibo, a Chinese platform similar to X, has attracted 130,000 […]
LONDON (AP) — Oil giant Shell saw profits tumble by nearly a third in 2023 as a result of lower oil and natural gas prices, which had surged the year before in the wake of Russia’s invasion of Ukraine. In a statement Thursday, London-based Shell said its post-tax earnings fell 29%, to $28.3 billion from […]
(Bloomberg) — US Treasuries rallied Wednesday as data showed hiring slowed at a faster-than-expected pace and the shares of a New York bank tumbled after it reported a surprise loss, raising concerns about the health of regional lenders. Most Read from Bloomberg The move sent two- to five-year Treasury yields tumbling more than 10 basis […]
A father died saving his 4-year-old son after both plunged through thin ice into a frozen pond, Maine officials reported. Kevin Howell, 51, and his son had gone for a morning walk when they both broke through the ice on Etna Pond at 6:30 a.m. Friday, Jan. 26, the Penobscot County Sheriff’s Office said in […]
The Dow Jones Industrial Average hit fresh highs Monday as components Walt Disney (DIS) and Apple (AAPL) outperformed. Tesla (TSLA) fared worst among the Magnificent Seven after it suffered another blow. And famed investor Cathie Wood bought a Bitcoin play despite recent sharp negative action. X There was also a plethora of breakouts amid the […]
Annika Mijuskovic, 19, celebrated her latest birthday by taking the plunge into Lake Granbury’s 51-degree waters Saturday at the fourth edition of the Goosebump Jump in this historic Texas town an hour drive southwest of Fort Worth. The day was cold with temperatures in the 20s, but an unfettered sun beamed warmth on scores of […]
(Reuters) — IRobot shares slumped 36% in premarket trading on Friday after a report the European Union antitrust regulator was planning to block Amazon.com’s $1.4 billion buyout of the Roomba vacuum maker. Amazon was informed during its meeting on Thursday with the European Commission, the EU’s executive arm, that the deal was likely to be […]
(Reuters) – IRobot shares slumped 36% in premarket trading on Friday after a report the European Union antitrust regulator was planning to block Amazon.com’s $1.4 billion buyout of the Roomba vacuum maker. Amazon was informed during its meeting on Thursday with the European Commission, the EU’s executive arm, that the deal was likely to be […]
Last year was a true running of the bulls on Wall Street. When the final closing bell tolled, the benchmark S&P 500 and growth-fueled Nasdaq Composite had respectively rallied 24% and 43%. Meanwhile, the ageless Dow Jones Industrial Average climbed to a fresh all-time high in 2023. Since Wall Street’s three major stock indexes tend […]
A hot air balloon plunged to the ground, killing four riders and critically injuring a fifth, after eight skydivers jumped out, Arizona officials reported. The crash took place at 7:50 a.m. Sunday, Jan. 14, in the desert near Eloy, police said in a news release. Emergency crews found four people dead and one critically injured. […]
Ukraine’s gross domestic product (GDP) grew by 5% in 2023 after plummeting 28.8% in 2022, according to a preliminary estimate by the Economy Ministry, First Vice Prime Minister and Minister of Economy Yulia Svyrydenko said at a webinar held on Jan. 11 by the Center for Economic Strategy. “This is the so-called restorative growth,” she […]