Month: July 2022
South Korea’s June inflation hits 24-year high, raising expectations for a big rate hike
A photo showing workers setting up scaffolding beneath the logo of the Bank of Korea at its headquarters in Seoul on January 14, 2022. South Korea’s June inflation accelerated to the fastest pace since the Asian financial crisis, fanning expectations the central bank could deliver a 50 basis point rake hike for the first time […]
Read More
Want to know where to invest for the next 10 years? Here’s what the pros suggest
Volatile markets, inflation hitting new highs and the risk of recession are making things tough for investors right now. “Looking out over the next 10 years, the forces that drove the rapid outperformance of growth over value are unlikely to repeat,” Paul Danis, head of asset allocation at Brewin Dolphin , told CNBC. “Bond yields […]
Read More
Police detain person of interest after mass shooting at July 4 parade in Chicago suburb
HIGHLAND PARK, IL – JULY 04: First responders work the scene of a shooting at a Fourth of July parade on July 4, 2022 in Highland Park, Illinois. Jim Vondruska | Getty Images News | Getty Images Local authorities said they have apprehended a person of interest in the mass shooting at a July Fourth […]
Read More
Jim Cramer: To understand this year’s vile market, study the dot-com crash of 2000
Forty years is an awfully long time. Yet that’s how much time has passed since we have had an abomination like this first half of the year. Almost everything went down. Your stocks went down. Your bonds went down. Your house went down. Your crypto went down. The only thing that didn’t go down were the […]
Read More
Stock futures are flat after another losing week on Wall Street
Traders on the floor of the NYSE, July 1, 2022. Source: NYSE Stock futures were flat in overnight trading after the major averages finished another losing week. Stock futures tied to the Dow Jones Industrial Average slipped 30 points or 0.11%. S&P 500 futures dipped 0.08%, and Nasdaq 100 futures fell 0.04%. The moves come […]
Read More
Akron, Ohio, sets downtown curfew, cancels fireworks in wake of Jayland Walker protests
Demonstrators hold “Justice for Jayland” signs as they gather outside Akron City Hall to protest the killing of Jayland Walker, shot by police, in Akron, Ohio, July 3, 2022. Matthew Hatcher | Afp | Getty Images Officials on Monday set a 9 p.m. curfew for downtown Akron, Ohio, and canceled a fireworks show in the wake of […]
Read More
U.S. flight disruptions finally ease as the holiday weekend winds down
Lighted tunnel in the United Airlines terminal, O’Hare International Airport, Chicago Illinois. Andrew Woodley | Universal Images Group via Getty Images U.S. airline delays eased on Monday as weather improved, bringing welcome news for travelers and airlines as the July Fourth holiday weekend comes to an end. As of midday Monday, 980 U.S. flights were […]
Read More
This woman died because of an abortion ban. Americans fear they could be next.
After the Supreme Court’s historic decision to overturn Roe v. Wade, some doctors are highlighting the 2012 death of a pregnant woman in Ireland and warning that the same thing could happen on a large scale in the United States. Dr. Savita Halappanavar, a 31-year-old Indian-born dentist, died in 2012 in Galway, on Ireland’s west coast, […]
Read More
Russian forces shift target to Donetsk as Zelenskyy vows Ukraine will win back captured Luhansk
A grain silo destroyed by Russian airstrikes in the Donbas. Sopa Images | Lightrocket | Getty Images Russian President Vladimir Putin on Monday congratulated troops for “liberating” Ukraine’s eastern Luhansk province after several weeks of brutal fighting. A huge proportion of the area’s infrastructure, including residential buildings, is destroyed, and numerous civilians have been killed, […]
Read More
Bezos slams Biden’s call for gasoline stations to cut prices
Amazon founder Jeff Bezos arrives for his meeting with British Prime Minister Boris Johnson at the UK diplomatic residence on September 20, 2021 in New York City. Michael M. Santiago | Getty Images News | Getty Images Amazon.com founder Jeff Bezos renewed his spat with the White House over the weekend, as the world’s third-richest person […]
Read More