Breaking news
Ukraine’s counter-offensive in Kherson ‘gathering momentum’; UK advisor warns of nuclear risk
U.K. advisor warns of accidental nuclear escalation Stephen Lovegrove, the U.K.’s national security advisor, warned of the accidental escalation of a nuclear war with Russia or China, saying that global communication channels from the Cold War are no longer available. “The Cold War’s two monolithic blocks of the USSR and NATO – though not without […]
Read More
Stock futures fall slightly after big Fed rally, Meta shares decline
Traders react on the floor of the New York Stock Exchange (NYSE) as a screen shows Federal Reserve Board Chairman Jerome Powell during a news conference following a Fed rate announcement, in New York City, July 27, 2022. Brendan Mcdermid | Reuters Stock futures moved slightly lower in overnight trading after markets staged a major […]
Read More
Biden administration makes offer to Russia for release of WNBA star Griner, ex-Marine Whelan
US WNBA basketball superstar Brittney Griner arrives to a hearing at the Khimki Court, outside Moscow on July 27, 2022. Kirill Kudryavtsev | AFP | Getty Images WASHINGTON – The United States has made an offer to the Russian government for the release of WNBA star Brittney Griner and former U.S. Marine Paul Whelan, Secretary of […]
Read More
Fed hikes interest rates by 0.75 percentage point for second consecutive time to fight inflation
The Federal Reserve on Wednesday enacted its second consecutive 0.75 percentage point interest rate increase as it seeks to tamp down runaway inflation without creating a recession. In taking the benchmark overnight borrowing rate up to a range of 2.25%-2.5%, the moves in June and July represent the most stringent consecutive moves since the Fed […]
Read More
Stocks making the biggest moves midday: Chipotle, Microsoft, Spotify, Alphabet and more
Signage is displayed outside a Chipotle Mexican Grill Inc. restaurant in San Francisco, California, U.S., on Monday, July 20, 2020. Chipotle is scheduled to release earnings figures on July 22. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Chipotle Mexican Grill– Shares of Chipotle surged more […]
Read More
Ukrainian forces reportedly attack key Russian supply route into occupied Kherson; Moscow wages gas ‘price terror’ on Europe
Yellen discusses price cap on Russian oil with UK’s Nadhim Zahawi US Treasury Secretary Janet Yellen speaks during a press conference in Bali on July 14, 2022. U.S. Secretary of the Treasury Janet Yellen highlighted a proposed price cap on Russian oil on a call with British Chancellor of the Exchequer Nadhim Zahawi on Tuesday, […]
Read More
Germany fears ‘serious’ situation as Russian gas flows are set to dwindle; Ukraine looks to resume grain exports
Ukraine’s economy has seen a sharp decline due to Russia’s war, says top aide A view of damage after market place hit by Russian attacks as Russia-Ukraine War continues in Bakhmut, Donetsk Oblast, Ukraine on July 25, 2022. Metin Atkas| Anadolu Agency | Getty Images Russia’s assault on Ukraine has taken a significant toll on […]
Read More
Wheat prices rise after Odessa attack; Russia says it targeted Ukraine military
Kremlin says Odessa strikes hit military infrastructure A spokesperson for the Kremlin on Monday insisted that the strikes in Odessa at the weekend targeted military infrastructure. Repeating an earlier statement from the defense ministry, Dmitry Peskov told reporters that the strikes wouldn’t influence the gain exports from the region. Ukrainian President Volodymyr Zelenskyy called the […]
Read More
Stocks making the biggest moves midday: Snap, American Express, Verizon, Seagate and more
Signage for Snap Inc., parent company of Snapchat, adorns the front of the New York Stock Exchange, March 2, 2017 in New York City. Getty Images Check out the companies making headlines in midday trading. American Express — Shares of the credit card company climbed 2.9% as growth in travel and entertainment spending helped American […]
Read More
Russia-Ukraine expected to sign grain export deal; U.S. says Moscow deliberately weaponized food
Turkey says Russia and Ukraine are close to signing grain export deal A farm implement harvests grain in the field, as Russian-Ukrainian war continues in Odesa, Ukraine on July 04, 2022. Metin Aktas | Anadolu Agency | Getty Images A U.N.-backed deal to resume exports of Ukrainian grain could be signed on Friday, easing a […]
Read More