Powell says taming inflation ‘absolutely essential,’ and a 50 basis point hike possible for May
Federal Reserve Chairman Jerome Powell on Thursday affirmed the central bank’s determination to bring inflation down.
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Former Honduran president to be extradited to U.S.
Juan Orlando Hernández, the former president of Honduras, is to be extradited to the U.S. Thursday morning, the government of Honduras announced in a press release late Wednesday night, according …
Tesla revenues grow 81% from last year
Tesla reported earnings after the bell. Here are the results.
Bismack Biyombo is donating his $1.3M salary to build a hospital in the Congo
Bismack Biyombo donates salary to Congo hospital In a league loaded with millionaires, Phoenix Suns center Bismack Biyombo is one in a million. The 11-year NBA veteran is giving up …
Netflix shares crater 25% after company reports it lost subscribers for the first time in more than 10 years
It’s the first time the streamer has reported a subscriber loss in more than a decade.
Russia’s offensive on eastern Ukraine has begun, Zelenskyy says
Russia batters Ukraine with deadly airstrikes Russia launched its long-feared, full-scale ground offensive to take control of Ukraine’s east on Monday, attacking along a broad front over 300 miles (480 …
Stocks fall slightly on Monday as investors brace for earnings reports, impact from higher rates
Earnings season is set to ramp up this week and investors will be paying close attention to forward guidance.
Ukraine remains defiant as key port city of Mariupol teeters on the brink
Russia continues attacks on Ukrainian cities Kyiv, Ukraine — The battered port city of Mariupol appeared on the brink of falling to Russian forces Sunday after seven weeks under siege, …
“Panda diplomacy” marks 50th anniversary at Smithsonian’s National Zoo
“Panda diplomacy” marks 50th anniversary at Smithsonian’s National Zoo In April 1972, the Chinese government gifted the U.S. a pair of giant pandas in an effort to improve relations between …
China’s Covid policy locks down a city three times the size of New York
China’s latest wave of Covid restrictions have forced millions of people to stay home and undergo mass virus testing in the metropolis of Shanghai.