Day: June 5, 2022
Stock futures are flat after a losing week on Wall Street
Traders on the floor of the NYSE, June 3, 2022. Source: NYSE Stock futures were little changed in overnight trading Sunday after a losing week as investors continued to bet that the Federal Reserve will tighten monetary policy aggressively to combat surging inflation. Futures on the Dow Jones Industrial Average gained 30 points. S&P 500 […]
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Op-ed: We must stop Putin in Ukraine before the rule-of-law is replaced by the rule-of-the-jungle
Ukraine must win. Russia must lose. It’s really that simple. So, Let’s first stipulate that you agree with that end goal, as has everyone from U.S. President Joe Biden and House Speaker Nancy Pelosi to German Chancellor Olaf Scholz and European Commission President Ursula von der Leyen. To embrace anything less would be immoral, set […]
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Nadal tops Ruud for 14th French Open title, 22nd Slam trophy
Rafael Nadal during Day 4 of the 2019 French Open Clive Mason | Getty Images Sport | Getty Images Rafael Nadal pulled away to beat Casper Ruud 6-3, 6-3, 6-0 in the French Open final on Sunday for his 14th championship at Roland Garros and 22nd Grand Slam title overall, adding to two records he already owned. Nadal’s […]
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A paradigm shift has begun in markets, says Morgan Stanley’s Ted Pick. Here’s what to expect
Trader on the floor of the NYSE, June 1, 2022. Source: NYSE Global markets are in the beginning of a fundamental shift after a nearly 15-year period defined by low interest rates and cheap corporate debt, according to Morgan Stanley co-President Ted Pick. The transition from the economic conditions that followed the 2008 financial crisis […]
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For Americans behind on saving for retirement, a bad stock market can be a good time to invest more
Small business owners are among the Americans most likely to fall behind on saving for retirement. Investing back into a business is more often a priority for entrepreneurs with any excess cash than investing in a long-term tax-deferred retirement plan. Covid didn’t help. Amid the pandemic, scores of America’s small business owners stopped or cut […]
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That socially responsible fund may not be as ‘green’ as you think. Here’s how to pick one
Tetra Images – Erik Isakson | Brand X Pictures | Getty Images Investment funds that promote values like the environment and social good have become more popular. But trying to pick a so-called ESG fund — especially one that aligns well with your interests — may seem about as easy as drying a towel in […]
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Why the global soil shortage threatens food, medicine and the climate
Soil can be considered black gold, and we’re running out it. The United Nations declared soil finite and predicted catastrophic loss within 60 years. “There are places that have already lost all of their topsoil,” Jo Handelsman, author of “A World Without Soil,” and a professor at the University of Wisconsin-Madison, told CNBC. The impact […]
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Beijing to allow indoor dining, further easing Covid curbs
Women eat and drink together outside a closed convenience store on May 31, 2022 in Beijing. Inside dining and drinking was banned due to Covid-19 outbreaks. Kevin Frayer | Getty Images News | Getty Images Beijing will further relax Covid-19 curbs by allowing indoor dining, as China’s capital steadily returns to normal with inflections falling, […]
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Australia says a Chinese fighter jet intercepted its surveillance craft in May
A J-16 fighter jet flies over PLA naval aviation training base in Ningbo, China on Jan. 14, 2021. Feature China | Future Publishing | Getty Images A Chinese fighter aircraft dangerously intercepted an Australian military surveillance plane in the South China Sea region in May, Australia’s defense department said on Sunday. The Royal Australian Air […]
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UK says Russia is using separatist forces in eastern Ukraine; explosions reported in Kyiv
Eastern city Severodonetsk split between Ukrainian and Russian control, official says Head of Luhansk RMA Serhii Haidai said eastern city Severodonetsk is now split between Russian and Ukrainian control, according to an NBC News translation. Smoke and dirt rise in the city of Severodonetsk during fighting between Ukrainian and Russian troops in the eastern Ukrainian […]
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