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Russia-Ukraine war hits 100th day; Moscow starts military drills in the Pacific. Follow our live updates
Russia controls over 90% of Luhansk, but no original goals have been achieved: UK MoD On the 100th day of Russia’s war in Ukraine, which the Kremlin still terms its “special military operation,” Russian forces made significant territorial gains in the country’s eastern Donbas, now controlling more than 90% of Luhansk. “Russia is now achieving […]
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Stock futures are slightly higher ahead of May’s jobs report
Trader on the floor of the NYSE, June 1, 2022. Source: NYSE Stock futures rose Thursday evening as investors focus their attention on more jobs data due out Friday morning. Futures tied to the Dow Jones Industrial Average were up about 34 points. S&P 500 futures and Nasdaq 100 futures were both higher by 0.2%. […]
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Stocks making the biggest moves after hours: Lululemon, RH, Okta and more
People line up to enter a store during Black Friday shopping at Fashion Outlets of Chicago in Rosemont of Greater Chicago Area, Illinois, the United States, on Nov. 26, 2021. Joel Lerner | Xinhua News Agency | Getty Images Check out the companies making headlines in extended trading. Lululemon Athletica — Shares of the athleisure […]
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Stocks making the biggest moves midday: Microsoft, Chewy, GameStop, MongoDB & more
Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, 2016. Charles Platiau | Reuters Check out the companies making headlines in midday trading Thursday. Microsoft — Shares of the technology giant slipped 0.6% after Microsoft cut its earnings and revenue guidance for the fiscal fourth quarter. Microsoft cited unfavorable foreign exchange rates as the […]
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Fed Vice Chair Lael Brainard says it’s ‘very hard to see the case’ for the Fed pausing rate hikes
Federal Reserve Vice Chair Lael Brainard said Thursday that it’s unlikely the central bank will be taking a break from its current rate-hiking cycle anytime soon. Though she stressed that Fed policymakers will remain data-dependent, Brainard said the most likely path will be that the increases will continue until inflation is tamed. “Right now, it’s […]
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Russia takes majority control of key Ukrainian city; Moscow calls U.S. weapons package ‘direct confrontation.’ Follow our live updates
Russian forces in control of most of Sieverodonetsk: U.K. Russia has made significant gains in a strategic city in Ukraine’s Donbas, the eastern-most city that was still under Ukrainian control and a last Ukrainian holdout in the Luhansk region. “Russia has taken control of most of Sieverodonetsk. The main road into the Sieverodonetsk pocket likely […]
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Stock futures are little changed as investors dwell on health of the economy
A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., May 18, 2022. Andrew Kelly | Reuters U.S. stock futures were flat Wednesday night as economic concerns dragged down investor sentiment. Futures tied to the Dow Jones Industrial Average edged lower by 13 points, or […]
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Stocks making the biggest moves after hours: Chewy, MongoDB, Hewlett Packard Enterprise and more
A dog sits in front of the New York Stock Exchange (NYSE) during Chewy Inc.’s initial public offering (IPO) in New York, U.S., on Friday, June 14, 2019. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in extended trading. Chewy — The pet retailer’s shares surged nearly 20% after hours […]
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Here’s what’s in Biden’s $700 million military aid package for Ukraine
Ukrainian service members unpack Javelin anti-tank missiles, delivered by plane as part of the U.S. military support package for Ukraine, at the Boryspil International Airport outside Kyiv, Ukraine February 10, 2022. Valentyn Ogirenko | Reuters The U.S. is sending Ukraine advanced rocket-launcher systems and 1,000 Javelin missiles as part of the Biden administration’s latest effort […]
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The Fed’s Mary Daly says rate hikes should continue until inflation is tamed
San Francisco Federal Reserve President Mary Daly said Wednesday she backs raising interest rates aggressively until inflation comes down to a reasonable level. Those moves likely would entail multiple 50 basis point hikes at coming meetings, then a possible rest to see how the central bank policy tightening is combining with other factors in addressing […]
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