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Stocks making the biggest moves midday: Walmart, Bed Bath & Beyond, Zoom, Ally and more
Vehicles pass a Walmart store in Torrance, California, on Sunday, May 15, 2022. Bing Guan | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Walmart, Home Depot — The retailers’ shares rose about 5% each after both companies reported better-than-expected earnings for the most recent quarter. That lifted other retail […]
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Russia urged to withdraw forces from Ukrainian nuclear power plant; Putin turns to North Korea for friendship
Putin looks to expand ties with North Korea Russian President Vladimir Putin and North Korean leader Kim Jong Un held talks in 2019. Alexander Zemlianichenko | Afp | Getty Images Russian President Vladimir Putin has reportedly sent a message of friendship to North Korean leader Kim Jong Un in which he expressed his wish for […]
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Fed’s Barkin says rate increases need to continue until inflation holds at 2%
Despite positive inflation data this week, Richmond Federal Reserve President Thomas Barkin said Friday that more interest rate increases will be needed to tamp down price pressures. Releases this week showing that consumer and wholesale price increases softened in July were “very welcome,” Barkin told CNBC’s “Squawk on the Street” in a live interview. “So […]
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Zelenskyy slams Ukrainian officials for revealing tactics; details of Crimea airbase blasts emerge
Eleven rockets hit Ukraine’s Kramatorsk at 2 a.m., mayor says Eleven Russian rockets struck the eastern Ukrainian city of Kramatorsk, its mayor Oleksandr Honcharenko reported via his Facebook page. “Private homes were destroyed. There is no information about victims. Occupiers destroy everything in their path – a terrorist tactic,” he wrote in a translation provided […]
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Satellite images show Russian warplanes destroyed in Crimea; Moscow’s military exports under strain
Satellite imagery shows at least 8 Russian warplanes hit in Crimea attack Satellite imagery from U.S.-based Planet Labs shows at least eight Russian warplanes damaged or destroyed from massive explosions that took place on Tuesday at Russia’s Saky airbase in Crimea. The Kremlin has denied that any planes were damaged in the blasts that it […]
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Stocks making the biggest moves midday: Coinbase, Roblox, Wendy’s and more
Check out the companies making headlines in midday trading. Coinbase reported a 27% decline in revenues in the first quarter as usage of the platform dipped. Chesnot | Getty Images Coinbase – Shares of the crypto services operator jumped about 6% despite the company reporting a wider-than-expected loss late Tuesday and a decline in volumes in the […]
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Zelenskyy vows to liberate Crimea; Ukraine fears Russian damage to major nuclear plant
Zelenskyy vows to liberate Russian-annexed Crimea People rest on a beach as smoke and flames rise after explosions at a Russian military airbase, in Novofedorivka, Crimea August 9, 2022. Stringer | Reuters Ukrainian President Volodymyr Zelenskyy vowed in his nightly address that Ukraine would liberate its southern peninsula of Crimea, which was annexed by Russia […]
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Stocks making the biggest moves midday: Norwegian Cruise Line, Micron Technology, Signet Jewelers, Novavax and more
A view of the Norwegian Encore cruise ship during its inaugural sailing from PortMiami, which took place from Nov. 21-24, 2019. Orlando Sentinel | Tribune News Service | Getty Images Check out the companies making headlines in midday trading. Norwegian Cruise Line — Shares sank nearly 12% on Tuesday after the company reported second-quarter results […]
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Russia launches Iranian satellite into space; more ships carrying produce depart Ukraine
Russia is stripping airplanes for parts amid sanctions-induced shortage Aeroflot Russian Airlines and Rossiya Airlines jet aircrafts at Moscow-Sheremetyevo International Airport. Leonid Faerberg | Lightrocket | Getty Images Russia has started stripping jetliners of spare parts they can no longer obtain from overseas due to Western sanctions, Reuters reported, citing several anonymous sources. The majority […]
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Biden authorizes largest yet weapons package for Ukraine, bringing U.S. commitment to $9.8 billion
Ukraine was already stocking up on U.S.-made Javelins before Russia invaded. Here a group of Ukrainian servicemen take a shipment of Javelins in early February, as Russia positioned troops on Ukraine’s border. Sergei Supinsky | AFP | Getty Images WASHINGTON – The Biden administration announced a $1 billion security assistance package for Ukraine on Monday, […]
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