United States
Euro continues to slide toward dollar parity — and could fall even further
A financial trader monitors data as a television shows euro currency banknotes at the Frankfurt Stock Exchange in Germany. Martin Leissl | Bloomberg | Getty Images The euro dropped below $1.02 this week, continuing its slide to new 20-year lows and potential parity with the U.S. dollar. The euro traded as low as $1.0165 on […]
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Russia says the West risks the ‘wrath’ of God if it punishes Moscow over the war; heavy weapons start to have an impact
Humanity at risk if the West seeks to punish Russia over Ukraine, official warns Former President Dmitry Medvedev said on Telegram on Wednesday that he thought it was a “crazy” idea “to create tribunals or courts for the so-called investigation of Russia’s actions” in Ukraine. Ekaterina Shtukina | Sputnik | Reuters A top Russian official […]
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How online searches and texts can put you at risk in a post-Roe world, and how to protect yourself
Mstudioimages | E+ | Getty Images After last month’s Supreme Court ruling reversing Roe v. Wade, the landmark decision protecting the legal right to an abortion, many people looked to the early 1970s for what life without the long-standing precedent would look like. But accessing abortions is much different in 2022, thanks in large part […]
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The job market is still ‘red hot’ despite recession fears, as the Great Resignation continues
Mixetto | E+ | Getty Images Workers are still reaping the benefits of a hot job market characterized by few layoffs, ample job openings and a high level of voluntary departures, according to U.S. Department of Labor data issued Wednesday. The numbers reveal that the pandemic-era trend known as the “Great Resignation” is still in […]
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The school security industry is valued at $3.1 billion. Here’s why that may not be enough
After the high-profile mass shooting in Uvalde, Texas, where 19 students and two teachers were killed, many politicians who are opposed to stricter gun laws have been calling for “hardening” U.S. schools. President Joe Biden signed rare, bipartisan legislation to address gun violence late last month. The law provides $1 billion in funding for schools […]
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Toyota hits sales milestone for electric vehicles, joins Tesla and GM in losing tax incentives for buyers
A Toyota bZ4X on display at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC Toyota Motor said it sold its 200,000th plug-in electric vehicle during the second quarter, triggering a phase out of U.S. tax credits of up to $7,500 for people who buy the cars. The Japanese automaker joins Tesla […]
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Amazon investigated by UK antitrust watchdog over its marketplace practices
An Amazon warehouse in Warrington, England. Nathan Stirk | Getty Images The U.K.’s antitrust regulator on Wednesday said it is investigating Amazon over whether the U.S. e-commerce giant is hurting competition by giving an unfair advantage to its own retail business and sellers that use its services over third-party merchants on its marketplace. Britain’s Competition […]
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Biden’s move to lift some China tariffs will likely be ‘modest’ in short term, former trade negotiator says
President Joe Biden could decide “pretty soon” on a modest relief package to roll back some U.S. tariffs imposed on China in an effort to tamp down inflation, said Clete Willems, who previously served as deputy director at the National Economic Council. “What we are expecting that the president is deciding on is a relatively […]
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The 4 most ‘recession-proof’ industries to work in, according to economists
Warnings about a looming recession have reached a fever pitch. Inflation continues to soar, causing chaos in the stock market, and companies are starting to prepare for the worst with layoffs, hiring freezes and, in some extreme cases, rescinding job offers. The sudden shift in labor market dynamics — after months of strong job prospects […]
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‘Dividend aristocrats’: Strategists name high-yielding stocks to ride out a bear market
U.S. stocks fell into bear market territory last month — and the wild swings since have made it hard to predict where the market is going next. The S & P 500 logged its worst performance in 50 years during the first half of this year, as it tumbled nearly 20%, and the Nasdaq is […]
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