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Russia says Biden’s ‘war criminal’ claim has put relations ‘on the verge of rupture’
Russian President Vladimir Putin delivers a speech during a concert marking the eighth anniversary of Russia’s annexation of Crimea at Luzhniki Stadium in Moscow, Russia March 18, 2022. Alexander Vilf | Reuters The Russian Ministry of Foreign Affairs said it summoned U.S. Ambassador John Sullivan on Monday in Moscow to formally protest President Joe Biden’s […]
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Besieged Mariupol rejects Russia’s surrender ultimatum as deadline passes
Ukraine says Russia seizing food, goods to send back home A service member of pro-Russian troops in uniform without insignia is seen atop of a tank during Ukraine-Russia conflict in the besieged southern port city of Mariupol, Ukraine March 18, 2022. Alexander Ermochenko | Reuters Ukraine’s armed forces said in an update Monday morning that […]
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Ukraine’s Zelenskyy pushes for meaningful talks with Russia; Biden warns Xi of ‘consequences’
Four American soldiers die in plane crash during NATO training exercise, Norway PM says Norwegian Prime Minister Jonas Gahr Store said four American soldiers have died in a plane crash while participating in a NATO military exercise called Cold Response. “It is with great sadness we have [received] the message that four American soldiers died […]
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Stocks making the biggest moves midday: GameStop, Tesla, FedEx and more
Shoppers wait for a GameStop store to open on at the Tysons Corner Center, in Tysons, Virginia, November 27, 2020. Hannah McKay | Reuters Check out the companies making headlines in midday trading Friday. GameStop — Shares of the video game retailer gained about 2%, erasing big overnight losses, as investors looked past the company’s […]
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Fed Governor Waller says half-point rate hikes could be needed as ‘inflation is raging’
Christopher Waller, U.S. President Donald Trump’s nominee for governor of the Federal Reserve, speaks during a Senate Banking Committee confirmation hearing in Washington, D.C., U.S, on Thursday, Feb. 13, 2020. Andrew Harrer | Bloomberg | Getty Images Federal Reserve Governor Christopher Waller told CNBC on Friday that the central bank may need to enact one […]
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Tech companies fight low morale and attrition with more equity grants as their stocks get slammed
Traders work on the floor of the New York Stock Exchange. Lucas Jackson | Reuters Tech companies are looking to issue new stock and cash perks as slumping share prices weigh on employees’ wallets and morale. Robinhood, Snap, Roku and Uber are among those offering more equity grants or cash compensation amid drops in their […]
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St. Louis Fed’s Bullard says the central bank should raise rates above 3% this year
James Bullard David Orrell | CNBC St. Louis Fed President James Bullard said Friday he thinks the central bank should raise interest rates the equivalent of 12 times this year to convince the public it is serious about fighting inflation. As the lone dissenter at this week’s Fed meeting, Bullard said in a statement that […]
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Fate of hundreds of civilians in bombed Mariupol theater unclear; Ukraine’s Zelenskyy calls out German lawmakers
U.S. Defense Secretary Austin says enforcing a no-fly zone would mean ‘combat’ with Russia U.S. Secretary of Defence Lloyd Austin and Slovakia’s Defence Minister Jaroslav Nad attend a news conference in the Ministry of Defence of the Slovak Republic in Bratislava, Slovakia, March 17, 2022. Radovan Stoklasa | Reuters U.S. Defense Secretary Lloyd Austin reiterated […]
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Federal Reserve approves first interest rate hike in more than three years, sees six more ahead
The Federal Reserve on Wednesday approved its first interest rate increase in more than three years, an incremental salvo to address spiraling inflation without torpedoing economic growth. After keeping its benchmark interest rate anchored near zero since the beginning of the Covid pandemic, the policymaking Federal Open Market Committee said it will raise rates by […]
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Biden calls Putin a ‘war criminal’; NATO chief demands Russia stop the war
Russian invasion ‘largely stalled on all fronts,’ says UK ministry Russian forces have made “minimal” progress in their invasion of Ukraine in recent days and continue to suffer heavy losses, the U.K. Ministry of Defence said Thursday. “The Russian invasion of Ukraine has largely stalled on all fronts,” including land, sea and air, the ministry […]
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