World
From $35,000 to $446,000: What it cost to renovate a $1 home in Italy
Buying a home in the Italian countryside for cheap comes with a catch — in one case, to the tune of nearly half a million dollars. But that wasn’t on the radars of Meredith Tabbone or Rubia Daniels, who in 2019 both learned about homes being sold for 1 euro (roughly $1.05) in Sicily. Since […]
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Soaring debt and deficits causing worry about threats to the economy and markets
A view shows the U.S. Capitol in Washington, U.S., May 9, 2024. Kaylee Greenlee Beal | Reuters Government debt that has swelled nearly 50% since the early days of the Covid pandemic is generating elevated levels of worry both on Wall Street and in Washington. The federal IOU is now at $34.5 trillion, or about […]
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Flash floods due to unusually heavy seasonal rains kill at least 68 people in Afghanistan
Remainings of houses damaged by the flood are pictured in Firozkoh the capital city of Ghor Province, Afghanistan, May 18, 2024. REUTERS/Stringer Stringer | Reuters Flash floods from heavy seasonal rains have killed at least 68 people in Afghanistan, Taliban officials said Saturday, adding the death toll was based on preliminary reports. Afghanistan has been […]
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Member of Israel’s War Cabinet says he’ll quit the government June 8 unless there’s a new war plan
Israeli war cabinet member Benny Gantz arrives at the US State Department ahead of a meeting with US Secretary of State Antony Blinken on March 5, 2024 in Washington DC. Drew Angerer | AFP | Getty Images Benny Gantz, a centrist member of Israel’s three-member War Cabinet, threatened on Saturday to resign from the government […]
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Poland to spend around $2.5 billion on securing eastern border
Donald Tusk, Prime Minister of Poland, speaks during a press conference where Polish PM announces resignation of four ministers and nominees for the future positions in Chancellery of Polish Prime Minister in Warsaw, Poland on MAy 10, 2024. Dominika Zarzycka | Nurphoto | Getty Images Poland will invest 10 billion zlotys ($2.55 billion) in a […]
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Bitcoin breaks six-week losing streak, climbs to $67,000: CNBC Crypto World
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, JP Richardson, […]
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Campus protests have called for schools to divest from Israel. Here’s how that would actually work
Student protests against the ongoing Israel-Hamas conflict have brought battalions of police in riot gear to college campuses, enraged some billionaire donors, and led to canceled graduation ceremonies. One constant refrain at these protests is the call for college endowment funds to divest from Israel and the many American companies that do business there. Tech […]
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European markets close slightly lower after snapping nine-day winning streak
Europe stocks close lower European equity markets closed slightly lower on Friday, with the regional Stoxx 600 index down 0.13%. France’s CAC 40 dipped 0.26%, while the U.K.’s FTSE 100 and Germany’s DAX were both lower by roughly 0.2%. Stock Chart IconStock chart icon Stoxx 600 index. More upside risks to U.S. inflation in ‘stark […]
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Here’s what has driven the Dow rally to 40,000, and why it could keep going
Traders work on the floor of the New York Stock Exchange on May 16, 2024. Spencer Platt | Getty Images Passing major milestones such as the 40,000 barrier the Dow Jones Industrial Average eclipsed this week makes for a nice headline, but market experts do not take much else from the move. What really matters […]
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GameStop shares fall 20% after it files to sell additional stock, says first quarter sales dropped
Omar Marques | Lightrocket | Getty Images GameStop shares tumbled more than 20% in premarket Friday after the video game retailer said it plans to sell securities and reported preliminary results that showed a sales decline in the first quarter. In a new regulatory filing, the firm said it’s selling up to 45 million class […]
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