United States
Major companies keep largely silent as leaked Supreme Court abortion draft sparks outrage
Demonstrators hold up signs during a protest outside the U.S. Supreme Court, after the leak of a draft majority opinion written by Justice Samuel Alito preparing for a majority of the court to overturn the landmark Roe v. Wade abortion rights decision later this year, in Washington, U.S. May 3, 2022. Elizabeth Frantz | Reuters […]
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Starbucks revenue tops estimates as U.S. sales growth offsets declines in China
A pedestrian carries a Starbucks branded cup in San Francisco, California, U.S., on Thursday, April 28, 2022. Starbucks Corp. David Paul Morris | Bloomberg | Getty Images Starbucks on Tuesday reported quarterly revenue that topped analysts’ expectations as U.S. sales growth offset sharp declines in China. Shares rose less than 1% on the report in […]
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If Supreme Court reverses Roe v. Wade, up to half of U.S. expected to ban or severely restrict abortion
Pro-life and pro-choice demonstrators during a protest outside the U.S. Supreme Court in Washington, D.C., U.S., on Tuesday, May 3, 2022. Al Drago | Bloomberg | Getty Images Up to 26 states, or about half of the United States, are expected to quickly ban or more severely limit abortions if the Supreme Court reverses its […]
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The Great Resignation is still red hot — but may not last
Peter Dazeley | The Image Bank | Getty Images The pandemic-era trend known as the “Great Resignation” is still red-hot, as workers enjoy the perks of record-high demand for their labor. However, economic headwinds mean those benefits may not last much longer, according to economists. A record 4.5 million workers quit their jobs in March, […]
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Here’s where I bonds may work in your portfolio, according to financial advisors
I bonds are currently paying 9.62% annual interest through this October, presenting an opportunity for investors with a range of goals, according to financial experts. These assets, backed by the federal government, are nearly risk-free and inflation-protected, with rates changing every six months based on the consumer price index from the U.S. Bureau of Labor […]
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SpaceX Starbase expansion plans will harm endangered species, according to Fish and Wildlife Service
A newly hatched piping plover chick stands next to one of its parents, Monty or Rose, at Montrose Beach on July 10, 2021. John J. Kim | Tribune News Service | Getty Images SpaceX must take steps to track and mitigate its impact on endangered species and their habitat in order to gain approvals for […]
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Citi says a trader error caused Europe’s ‘flash crash’. Here’s how it unfolded
Citigroup said it had identified the cause of the flash crash and corrected the error “within minutes.” Jim Dyson | Getty Images News | Getty Images A so-called “flash crash” in European markets on Monday prompted several indexes to tumble sharply, sparking alarm among investors on a day when trading was thin due to public […]
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Natural gas surges 9% to highest level since 2008 as Russia’s war roils energy markets
A liquefied natural gas tanker berth in Japan, on Dec. 17, 2021. Should Japan ever exit the Sakhalin energy projects in Russia and their stakes were acquired by Russia or a third country, this would weaken the effectiveness of Western sanctions and benefit Russia, Japan’s industry minister said on Friday. Kiyoshi Ota | Bloomberg | […]
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Biden defends abortion rights after leak of Supreme Court draft striking down Roe v. Wade
U.S. President Joe Biden speaks during a memorial service for former Vice President Walter Mondale in Minneapolis, Minnesota, U.S., May 1, 2022. Kevin Lamarque | Reuters President Joe Biden on Tuesday reacted to a leaked draft of a Supreme Court opinion that would reverse the Roe v. Wade decision by calling on elected officials around […]
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10-year Treasury yield holds at 3%; benchmark German bund yield hits 1%
The 10-year U.S. Treasury yield hovered at the 3% mark on Tuesday morning, while the 10-year German bund hit 1% for the first time since 2015, amid expectations around interest rate hikes. The yield on the benchmark U.S. 10-year Treasury note rose less than a basis point to 3.0045% at 4:15 a.m. ET. The yield […]
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