News

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Inflation rose 8.6% in May, highest since 1981

Inflation rose 8.6% in May, highest since 1981

The consumer price index for May was expected to increase 8.3% from a year ago,...

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2-year Treasury yield surges above 2.9% on hotter-than-expected inflation report

2-year Treasury yield surges above 2.9% on hotter-than-expected...

Short-term U.S. Treasury yields popped Friday, after the release of hotter-than-expected...

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Klarna CEO defends business despite massive losses and layoffs

Klarna CEO defends business despite massive losses and...

The fintech reported a loss of $748 million last year and last month announced that...

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Dow falls more than 600 points after inflation hits 40-year high, consumer sentiment plummets

Dow falls more than 600 points after inflation hits 40-year...

Stocks fell as investors digested the latest inflation report.

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U.S. drops Covid testing requirement for international travelers

U.S. drops Covid testing requirement for international...

The U.S. will no longer require travelers to show proof of a negative Covid test...

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Diseases suppressed during Covid are coming back in new and peculiar ways

Diseases suppressed during Covid are coming back in new...

The Covid-19 pandemic has abated in much of the world. But in its place have emerged...

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China stocks lead gains in mixed Asia trading as Alibaba shares rebound

China stocks lead gains in mixed Asia trading as Alibaba...

The Chinese producer price index for May jumped 6.4% as compared with a year earlier,...

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Carrie Lam says Hong Kong hasn't become 'just another Chinese city'

Carrie Lam says Hong Kong hasn't become 'just another Chinese...

Lam also said the exodus of expatriates and foreigners from Hong Kong in recent...

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Alibaba shares drop 8% after Jack Ma's Ant Group and regulator squash talk of revived IPO

Alibaba shares drop 8% after Jack Ma's Ant Group and regulator...

The planned IPO of Ant Group, which is controlled by billionaire Alibaba founder...

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Armed man who wanted to kill Supreme Court Justice Brett Kavanaugh told police he was upset over abortion, Uvalde

Armed man who wanted to kill Supreme Court Justice Brett...

Security at homes of Supreme Court justices including Brett Kavanaugh is high because...

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Jan. 6 Capitol riot committee to reveal new details showing Trump 'at the center' of effort to overturn Biden win

Jan. 6 Capitol riot committee to reveal new details showing...

More than a year after the Jan. 6 riot at the Capitol by a mob of Trump supporters,...

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Trump and his kids, Don Jr. and Ivanka, set to testify in New York attorney general investigation starting July 15

Trump and his kids, Don Jr. and Ivanka, set to testify...

New York Attorney General Letitia James is investigating the Trump Organization...

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House passes sweeping gun bill to raise assault rifle purchase age to 21; plan faces long odds in the Senate

House passes sweeping gun bill to raise assault rifle purchase...

The House passed a sweeping gun bill that would raise the minimum age to purchase...

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PGA suspends 17 golfers, including Phil Mickelson, for playing in Saudi-backed LIV event

PGA suspends 17 golfers, including Phil Mickelson, for...

The PGA Tour has suspended 17 golfers, including Phil Mickelson, who are competing...

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Stocks fall slightly as investors await key inflation data

Stocks fall slightly as investors await key inflation data

Stocks dipped on Thursday ahead of a CPI reading on Friday.

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European Central Bank confirms July rate hike plans, raises inflation projections significantly

European Central Bank confirms July rate hike plans, raises...

The European Central Bank on Thursday confirmed its intention to hike interest rates...