United States
Goldman slashes GDP forecast for the second quarter to just barely above water
A Goldman Sachs Group Inc. logo hangs on the floor of the New York Stock Exchange in New York, U.S., on Wednesday, May 19, 2010. Daniel Acker | Bloomberg | Getty Images Amid heightened concerns that a recession is looming, Goldman Sachs economists expect that the U.S. economy barely grew in the second quarter. The […]
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Gasoline futures are dropping, which could mean more relief at the pump
Brie Olootu pumps gas at an Exxon Mobil gas station on June 09, 2022 in Houston, Texas. Gas prices are breaching record highs as demand increases and supply fails to keep up. Brandon Bell | Getty Images Prices at the pump have retreated from June’s never-before-seen levels but remain stubbornly high. Some relief could be […]
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WNBA star Brittney Griner pleads guilty to drug charges in Russian court
US WNBA basketball superstar Brittney Griner arrives to a hearing at the Khimki Court, outside Moscow on July 7, 2022. Kirill Kudryavtsev | AFP | Getty Images American basketball star Brittney Griner pleaded guilty to drug charges in a Moscow court Thursday, her lawyers said, leaving her facing the prospect of up to 10 years in prison […]
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U.S. House panel asks gunmakers to testify amid mass shootings
Representative Carolyn Maloney, a Democrat from New York and chair of the House Committee on Oversight and Reform, speaks during a hearing in Washington, D.C., U.S., on Oct. 28, 2021. Ting Shen | Bloomberg | Getty Images The U.S. House Oversight Committee has asked the chief executives of three gunmakers to testify on July 20 […]
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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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