World
EU fails to agree on Russia oil embargo, will try again Monday ahead of summit
Ukrainian officials have repeatedly called for the EU to stop funding Russia’s invasion by imposing an immediate import ban on Russian oil and gas. Attila Kisbenedek | Afp | Getty Images The EU failed on Sunday to agree on an embargo of Russian oil, but diplomats but will still try to make progress ahead of a Monday-Tuesday summit on […]
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Sean Connery’s ‘James Bond’ Aston Martin DB5 is up for auction—and it could sell for nearly $2 million
If you’ve ever fantasized about giving supervillains the slip from behind the wheel of James Bond’s iconic Aston Martin – and you have some spare millions of bucks lying around – you could be in luck this summer. The 1964 Aston Martin DB5 personally owned by the late actor Sean Connery is hitting the auction […]
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Zelenskyy says conditions in Donbas are ‘indescribably difficult’; Russian forces target Severodonetsk
Putin is inflicting ‘unspeakable suffering’ on Ukrainians in a bid to capture Severodonetsk, think tank says A man walks in front of a destroyed school in the city of Bakhmut, in the eastern Ukrainian region of Donbas on May 28, 2022. Aris Messinis | Afp | Getty Images The Institute for the Study of War, […]
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Real Madrid beats Liverpool 1-0 for 14th European Cup title
Real Madrid’s Karim Benzema, right, and Real Madrid’s Dani Ceballos celebrate winning the Champions League final soccer match between Liverpool and Real Madrid at the Stade de France in Saint Denis near Paris, Saturday, May 28, 2022. Real Madrid won 1-0. Kirsty Wigglesworth | AP Photo Real Madrid became European champion for a record-extending 14th […]
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‘Triangle of Sadness’ wins Palme d’Or at Cannes Film Fest
Writer/director Ruben Ostlund, winner of the Palme d’Or for ‘Triangle of Sadness,’ poses for photographers during the photo call following the awards ceremony at the 75th international film festival, Cannes, southern France, Saturday, May 28, 2022. Petros Giannakouris | AP Photo Swedish director Ruben Ostlund’s class warfare comedy “Triangle of Sadness” won the Palme d’Or […]
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Stocks could build on gains in the week ahead as investors await Friday’s jobs report
Stocks could carry the momentum of this latest rally into next week as investors look ahead to Friday’s jobs report. All three major indice scored big gains in the past week, each rising higher than 6%. Both the S&P 500 and Nasdaq Composite broke a seven-week losing streak, while it had been eight weeks of […]
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This is what’s next for Terra as the failed crypto project attempts a new path forward
Tether previously claimed its stablecoin was backed 1-to-1 by U.S. dollars. Justin Tallis | Afp | Getty Images This week, backers of the failed cryptocurrency project Terra voted to revive the initiative, with a new luna blockchain and token – and without its controversial algorithmic stablecoin, TerraUSD. The founders had been seeking the next step […]
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The U.S. is wrapped in ‘collective grief’ from school shootings and the pandemic—and it’s rewiring our brains, experts say
For many, the tragedy that unfolded on Tuesday afternoon in Uvalde, Texas, brought on an unwelcome and all-too-familiar constellation of emotions: sadness, anger, shock, frustration and helplessness. The school shooting in south Texas, which left 19 children and two teachers dead, came only 10 days after 10 people were shot and killed in a Buffalo, […]
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JPMorgan sees upside for bitcoin after recent washout
Bitcoin investors have been swept up in the market carnage this year, but those still holding on should expect at least 30% upside to the cryptocurrency from here, according to JPMorgan strategist Nikolaos Panigirtzoglou. He reiterated in a note this week that bitcoin’s fair value is at the $38,000 level, which implies upside of about […]
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The Fed’s favorite inflation measure rose 4.9% in April in a sign that price increases could be slowing
People shop in a supermarket in Washington, DC, on May 26, 2022, as Americans brace for summer sticker shock as inflation continues to grow. Nicholas Kamm | AFP | Getty Images The Federal Reserve’s preferred inflation gauge rose 4.9% in April from a year ago, a still-elevated level that nonetheless indicated that price pressures could […]
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