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Stocks making the biggest moves premarket: Twitter, Coca-Cola, Warner Bros. Discovery and more
Check out the companies making headlines in premarket trading. Coca-Cola — Shares of Coca-Cola rose about 1% after the company beat analysts’ expectations on the top and bottom lines in the recent quarter. The beverage giant reported adjusted earnings of 64 cents per share on revenues of $10.5 billion, while analysts expected 58 cents per share […]
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Top U.S. officials visit Ukraine, pledge more military aid and to re-open embassy in Kyiv
U.S. pledges more war funding for Ukraine and plans to re-open embassy in Kyiv U.S. Secretary of State Antony Blinken and Defense Secretary Lloyd Austin arrived in Ukraine to discuss military aid with Ukraine’s President Volodymyr Zelenskyy on Sunday. The visit, which saw the senior U.S. officials meet with Ukraine’s Foreign Minister Kuleba as well […]
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Russia’s invasion of Ukraine enters third month; senior U.S. government officials due in Kyiv
Russia continuously shelling Mariupol, Ukraine presidential advisor says Mykhailo Podolyak, a presidential advisor in Ukraine, says Russia continues to shell the besieged city of Mariupol and has called for a “real Easter truce.” “Russia is continuously attacking the Mariupol Azovstal. The place where our civilians and military are located, is shelled with heavy air bombs […]
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Zelenskyy says Ukraine invasion only the beginning; another apparent mass grave found near Mariupol
Evacuations from Mariupol to start at midday, deputy PM says Iryna Vereshchuk, Ukraine’s deputy prime minister, said Saturday that evacuations from the besieged city of Mariupol would commence at midday local time if all went to plan, according to Reuters. “Today, we again will be trying to evacuate women, children and the elderly,” she said […]
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Fed’s Mester casts doubt on the need for ‘shock’ interest rate hikes ahead
Cleveland Federal Reserve President Loretta Mester said Friday she’s in favor of raising interest rates quickly to bring down inflation, but not so quickly as to disrupt the economic recovery. That means a strong likelihood of backing a 50 basis point rate hike at the next Fed meeting and perhaps a few more after, but […]
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Ukraine says thousands could be buried in Mariupol mass graves; mayor appeals for full evacuation. Follow our live updates
EU urges citizens to work from home, drive less to reduce Russian gas reliance The EU is calling on people to switch up their habits in order to use less energy, which it says will help to reduce reliance on Russian gas. The EU imports roughly 40% of its natural gas from Russia. The European […]
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Powell says taming inflation ‘absolutely essential,’ and a 50 basis point hike possible for May
Federal Reserve Chairman Jerome Powell affirmed the central bank’s determination to bring down inflation and said Thursday that aggressive rate hikes are possible as soon as next month. “It is appropriate in my view to be moving a little more quickly” to raise interest rates, Powell said while part of an International Monetary Fund panel. […]
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Watch Fed Chairman Jerome Powell speak live at IMF debate
[The stream is slated to start at 1 p.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell speaks Thursday on a panel presented by the International Monetary Fund. CNBC’s Sara Eisen will moderate the talk. The event is part of the IMF’s […]
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Biden announces a new program to help Ukrainian refugees enter the U.S.
President Joe Biden delivers remarks on the Russian invasion of Ukraine, in the Roosevelt Room of the White House, Thursday, April 21, 2022, in Washington. Evan Vucci | AP WASHINGTON — President Joe Biden announced a new program Thursday that will expedite the U.S. asylum process for Ukrainian refugees fleeing Russia’s invasion. The “Unite for […]
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Biden says U.S. will send $1.3 billion in additional military and economic support to Ukraine
Ukrainian servicemen taking part in the armed conflict with Russia-backed separatists in Donetsk region of the country attend the handover ceremony of military heavy weapons and equipment in Kiev on November 15, 2018. Sergei Supinsky | AFP | Getty Images WASHINGTON — The United States will send another $800 million security package and an additional $500 […]
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