United States
GOP Georgia Senate nominee Herschel Walker admits having 2 more ‘secret’ children — now says he has 4 kids
Herschel Walker, US Republican Senate candidate for Georgia, speaks during a campaign rally in Macon, Georgia, US, on Wednesday, May 18, 2022. Elijah Nouvelage | Bloomberg | Getty Images Herschel Walker, the Republican nominee from Georgia for the U.S. Senate, confirmed that he has two more previously unknown children, adding another “secret” child that the […]
Read More
Tesla hikes U.S. prices across car models
Interior view of a Tesla showroom on April 26, 2022 in New York City. Kena Betancur | Corbis News | Getty Images Tesla raised prices for all its car models in the United States, its latest price hike amid ongoing global supply-chain issues. The electric carmaker increased its Model Y long-range price to $65,990 from […]
Read More
A shallow recession is on the way, strategists warn. Here’s how it could play out
Traders work, as Federal Reserve Chair Jerome Powell is seen delivering remarks on a screen, on the floor of the New York Stock Exchange (NYSE) in New York City, June 15, 2022. Brendan McDermid | Reuters A shallow recession in the U.S. is a “virtual certainty” in the third quarter, according to Destination Wealth Management’s […]
Read More
The West’s unity over Ukraine could be starting to crack, just as Russia’s invasion gains ground
President of Ukraine Volodymyr Zelenskyy visits the positions of Ukrainian troops located in the Bakhmut city and Lysychansk districts, Ukraine on June 05, 2022. Ukrainian Presidency | Handout | Anadolu Agency | Getty Images LONDON — There are increasing signs that Western unity over the war in Ukraine could be starting to crack as the […]
Read More
Bitcoin sees slight rebound after nearly falling below $20,000, but it’s still at late 2020 levels
Bitcoin has been closely correlated with stock indexes, in particular the Nasdaq, which rose on Wednesday after the U.S. Federal Reserve hiked interest rates by 0.75 percentage point. That’s one reason why bitcoin rose slightly on Thursday. STR | NurPhoto via Getty Images Bitcoin rose on Thursday following a similar jump in U.S. stocks, but […]
Read More
Goldman loves this ‘transformational’ sector — which is down over 50% in the past year
U.S. biotech is a hot pick for Goldman Sachs , which said the sector offers investors some “very attractive” entry points. Luke Barrs, head of fundamental equity, EMEA at Goldman Sachs Asset Management, told CNBC there is a “transformational change” happening in healthcare, particularly in genomic technology, a developing area of medicine that can personalize […]
Read More
Stock futures inch higher after Fed raises rates by most since 1994
U.S. stock index futures were modestly higher during overnight trading on Wednesday after the Federal Reserve implemented the largest interest rate hike since 1994. Futures contracts tied to the Dow Jones Industrial Average added 0.22%. S&P 500 futures were up 0.23%, while Nasdaq 100 futures advanced 0.29%. The major averages ended Wednesday’s session higher, with […]
Read More
Inside the U.S. government project to create tiny nuclear reactors like batteries
Nuclear reactors have a well-earned reputation for being massive construction projects that frequently run into cost overruns. Plus, once they are eventually constructed, monitoring and maintaining them takes a staff of dozens of trained experts. But Yasir Arafat believes nuclear power doesn’t have to be this way. Arafat is the technical lead of the microreactor […]
Read More
Dr. Anthony Fauci tests positive for Covid, is having mild symptoms
Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, attends a Senate Health, Education, Labor, and Pensions Committee hearing to examine the federal response to the coronavirus disease (COVID-19) and new emerging variants at Capitol Hill in Washington, D.C., U.S. January 11, 2022. Greg Nash | Reuters Dr. Anthony Fauci, the […]
Read More
Biden tells oil companies in letter ‘well above normal’ refinery profit margins are ‘not acceptable’
President Joe Biden on Wednesday called on U.S. oil refining companies to produce more, saying they need to help alleviate the burden of high prices on consumers. “At a time of war – historically high refinery profit margins being passed directly onto American families are not acceptable,” the president said in a letter to oil […]
Read More