If the Federal Reserve is starting to set the table for interest rate reductions, some parts of the market are getting impatient for dinner to be served. “What is it they’re looking for?” Claudia Sahm, chief economist at New Century Advisors, said on CNBC just after the Fed concluded its meeting Wednesday. “The bar is getting set pretty high and ...
Stocks sold off Thursday, with the Dow Jones Industrial Average tumbling nearly 500 points, as investors’ fears over a recession surfaced. The Dow dropped 494 points, or 1.2%. The S&P 500 shed 1.4%, while the Nasdaq Composite slipped 2.3%. The Russell 2000 index, the small-cap benchmark that has rallied lately, dropped 3%. Some fresh data raised the specter of an economic contraction and the notion that the ...
LOS ANGELES — A federal judge has overturned a jury’s $4.7 billion verdict in the class-action lawsuit filed by “Sunday Ticket” subscribers against the NFL and has granted judgment to the NFL. U.S. District Judge Philip Gutierrez ruled Thursday that the testimony of two witnesses for the subscribers had flawed methodologies and should have been excluded. “Without the testimonies of ...
Global semiconductor stocks fell Friday after a lackluster set of results from U.S. chip firm Intel sent its shares cratering, and a global market sell-off weighed on some of the biggest names in the tech sector. Intel shares fell 28% in morning trading on Friday, after the company reported a big miss on earnings in the June quarter and said it would lay off ...
Far-right demonstrations turned violent for a second night across England Wednesday, in the wake of this week’s mass stabbing in Southport – the worst attack on children in the country in recent history. While a community continues to grieve the murder of three young girls, far-right agitators have mobilized around online misinformation and hateful, anti-migrant and anti-Muslim narratives – fueling ...
According to the source, who had been briefed on the operation, the bomb was concealed about two months ago in the guest house where Haniyeh was known to stay in Tehran and detonated remotely once he was inside his room there. The Iranian government and Hamas say Israel carried out the assassination. Israel has neither confirmed nor denied its involvement. ...
American journalist Evan Gershkovich and former US Marine Paul Whelan were among the 24 detainees released as part of a complex prisoner swap between Russia, the US and other Western nations. A host of Russian dissidents were also freed while in return Moscow got a former FSB colonel convicted of murder as well as several individuals accused of spying or ...
Russia’s release of Wall Street Journal reporter Evan Gershkovich, former US Marine Paul Whelan and Russian-American journalist Alsu Kurmasheva is cause for celebration: The three were freed as part of a sweeping prisoner exchange that also saw the release of prominent Russian opposition leader Vladimir Kara-Murza and other opponents of Russia’s war on Ukraine. But the Russians can also count ...
Yuval Green, a 26-year-old former paratrooper, is one of a handful of soldiers who have served in Israel’s war against Hamas and are now publicly criticizing the way it is being prosecuted. Green described the behavior and alleged misdeeds of his reservist peers while serving in the Palestinian enclave, and the day he decided to tell his commanders he could no longer be part of ...
Heavy rains and floods from Typhoon Gaemi caused at least 30 deaths and left 35 people missing across eight towns in the southern Chinese province of Hunan, state-run news agency Xinhua reported on Thursday, citing local authorities. On Thursday, rescue teams reached eight towns that had been cut off from the outside world since last Sunday, due to destroyed infrastructure ...