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Pentagon monitoring reports of possible Russian chemical weapons attack in Mariupol
Armoured vehicles of pro-Russian troops drive along a street during Ukraine-Russia conflict in the besieged southern port city of Mariupol, Ukraine March 31, 2022. Alexander Ermochenko | Reuters WASHINGTON — Defense Department press secretary John Kirby said the Pentagon was closely monitoring reports Monday evening of a possible Russian chemical weapons attack on the besieged […]
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Stock futures inch higher ahead of big inflation report
U.S. stock futures inched higher in overnight trading as investors braced for a key inflation report Tuesday. Futures on the Dow Jones Industrial Average gained 30 points or 0.1%, while S&P 500 futures rose 0.09% and Nasdaq 100 futures inched 0.1% higher. The overnight moves come as investors await the release of March’s highly anticipated […]
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Stocks making the biggest moves midday: AT&T, Nvidia, Sailpoint Technologies and more
A pedestrian walks in front of an AT&T location in New York. Scott Mlyn | CNBC Check out the companies making headlines in midday trading Monday: AT&T — Shares of AT&T jumped more than 7% after the telecom giant announced that it closed its transaction with Discovery to spin off its WarnerMedia business. The combined […]
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Russia wants to rebuild troop strength with recently retired soldiers, UK MoD says. Follow our live updates
Russia seeks to rebuild troop numbers with retired soldiers, U.K.’s MoD says Russia’s military is aiming to increase its troop strength with soldiers discharged in the last decade after suffering heavy losses in its invasion of Ukraine, the U.K.’s Ministry of Defence said in its daily intelligence update on Twitter Sunday. “In response to mounting […]
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Ukraine demands strong global response to train station killings; EU candidacy expected within months or less. Follow our live updates
Ukraine ‘expects to be granted EU candidate status in June’, minister says Ukrainian minister Olga Stefanishyna says she expects Ukraine to be given European Union candidate country status in June. Ukraine is “ready to move fast” with its application to become an EU member, Stefanishyna, who is Ukraine’s deputy prime minister for European and Euro-Atlantic […]
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Here’s how the Fed raising interest rates can help get inflation lower, and why it could fail
A customer shops at at a grocery store on February 10, 2022 in Miami, Florida. The Labor Department announced that consumer prices jumped 7.5% last month compared with 12 months earlier, the steepest year-over-year increase since February 1982. Joe Raedle | Getty Images The view that higher interest rates help stamp out inflation is essentially […]
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Kremlin admits ‘significant losses’ of troops; Russia expected to shift defeated forces to east Ukraine. Follow our live updates
Russian forces in northern Ukraine have ‘fully withdrawn” but will be redeployed, UK ministry says Russian troops that had invaded the northern part of Ukraine have “fully withdrawn” to Belarus and Russia, the U.K. Ministry of Defence said on Friday. In an intelligence update, the ministry said at least some of those units will be […]
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Fed’s Bullard says interest rate policy is ‘behind the curve,’ but it’s making progress
James Bullard Olivia Michael | CNBC The Federal Reserve needs to raise interest rates substantially to control inflation but may not be as “behind the curve” as it appears, St. Louis Fed President James Bullard said Thursday. One of the Federal Open Market Committee’s most “hawkish” members in favor of tighter policy, Bullard said a […]
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Senate passes ban on Russian oil and gas imports
Rail wagons for oil, fuel and liquefied gas cargo stand in sidings at Yanichkino railway station, close to the Gazprom Neft PJSC Moscow refinery in Moscow, Russia, on Monday, April 27, 2020. Andrey Rudakov | Bloomberg | Getty Images WASHINGTON — The Senate on Thursday passed a bill to ban imports of oil and gas […]
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UN votes to remove Russia from Human Rights Council
Russia’s UN Ambassador, Vassily Nebenzia, speaks at a meeting of the UN Security Council on threats to international peace and security, March 18, 2022, in New York. Timothy A. Clary | AFP | Getty Images WASHINGTON — The United Nations suspended Russia from its seat on the Human Rights Council on Thursday as the world calls […]
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