Breaking news
Russia has lost a third of its original ground force, UK says; NATO official confident on Finland, Sweden
NATO deputy secretary general ‘confident’ on consensus over Finland and Sweden NATO’s deputy secretary general said Sunday that if Finland and Sweden decide to apply to join the military alliance, “will be able to welcome them.” Speaking to reporters as he arrived at the informal meeting of foreign ministers in Berlin, Mircea Geoana said the […]
Read More
Russia says it will act if NATO moves nuclear forces nearer its border; Ukraine makes territorial gains
Russian forces are withdrawing from Kharkiv, Ukraine says Civilians walk past an old checkpoint in Kharkiv, Ukraine, on May 12, 2022. Anadolu Agency | Anadolu Agency | Getty Images Russian forces are withdrawing from the northeastern city of Kharkiv, Ukraine said in an operational update Saturday. “Russian enemy did not conduct active hostilities in the […]
Read More
Stocks making the biggest moves midday: Twitter, Affirm, Robinhood and more
Traders work on the floor of the New York Stock Exchange. NYSE Check out the companies making headlines in midday trading. Twitter — Shares of the social media platform slid 9.7% after Elon Musk said his take-private deal is on hold until he receives more information about how many fake accounts there are on Twitter. Still, Musk […]
Read More
Robinhood shares pop more than 20% after Sam Bankman-Fried buys 7.6% stake
Sam Bankman-Fried, the CEO of crypto exchange FTX, has taken a 7.6% stake in Robinhood, according to a Thursday filing with the Securities and Exchange Commission. Shares of the investing company jumped 36% at one point in extended trading before pulling back. They were last up about 25%. In regular trading Thursday the stock hit […]
Read More
Powell says he can’t guarantee a ‘soft landing’ as the Fed looks to control inflation
US Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington, DC, on May 4, 2022. Jim Watson | AFP | Getty Images Federal Reserve Chairman Jerome Powell warned Thursday that getting inflation under control could cause some economic pain but remains his top priority. Powell said he couldn’t promise a so-called soft […]
Read More
Federal Reserve Chair Jerome Powell confirmed by Senate for a second term
Federal Reserve Chairman Jerome Powell speaks at a news conference following a Federal Open Market Committee meeting on May 04, 2022 in Washington, DC. Powell announced the Federal Reserve is raising interest rates by a half-percentage point to combat record high inflation. Win Mcnamee | Getty Images As he and his colleagues engage in a […]
Read More
Russia is the ‘most direct threat’ to world order, EU chief says; Finland’s leaders say NATO decision imminent
Finland’s leaders say the country should apply to join NATO ‘without delay’ Three NATO warships from the Standing Nato Mine Countermeasures Group 1 (SNMCMG1 group), EML Sakala from Estonia, Dutch HNLMS Schiedam and the flagship LVNS Virsaitis from Latvia, arrive to a harbour, to train with Finland’s coastal fleet, in the Finnish southwestern coastal city […]
Read More
Stock futures are little changed following hot inflation report
Stock futures were slightly higher Wednesday evening after the latest CPI data showed inflation is still running hot. Futures tied to the Dow Jones Industrial Average added 17 points, or 0.05. S&P 500 futures inched higher by 0.03%. Nasdaq 100 futures were down by 0.01%. Disney shares fell about 2% after hours despite strong earnings […]
Read More
Stocks making the biggest moves after hours: Disney, Bumble, Rivian and more
Check out the companies making headlines in extended trading. Walt Disney — Disney shares rose about 1% in extended trading after the company reported stronger-than-expected growth in streaming subscribers across its media platforms for the most recent quarter. Bumble — The dating app operator’s shares jumped more than 9% after the company reported $211.2 million […]
Read More
Dallas Federal Reserve names Lorie Logan new president to succeed Robert Kaplan
The Dallas Federal Reserve has named a new president to succeed its former one, who left the post last year following a controversy over stock trading. Lorie K. Logan will serve as head of the central bank branch, according to an announcement Wednesday. Central bank watchers know Logan’s name well, as she currently serves as […]
Read More