Stocks wobble amid new economic warnings: Stock market news today
US stocks wavered Wednesday during midday trading after Canada unexpectedly hiked interest rates, combined with a surprise drop in Chinese exports and economic headwinds flagged by the OECD stoked fresh concerns about global growth.
One winner in the SEC's clash with crypto: bitcoin
The belief that the SEC will not label bitcoin as a security is encouraging investors to stick with the world’s largest cryptocurrency despite the new industry turmoil.
New York sues Hyundai and Kia because their cars are too easy to steal
New York City is suing Hyundai and Kia, alleging that their cars are too easy to steal and are causing a public nuisance.
Apple Vision Pro: How revolutionary is the headset really? We asked six experts.
Apple this week launched its much-anticipated mixed reality headset, the Apple Vision Pro. So, it's a technological marvel, but is it revolutionary? Yahoo Finance asked six experts what they thought. Some hailed the unveiling of the Vision Pro as a genuine watershed moment. Others were more cautious.
Coinbase Sued by SEC: Are Stricter Cryptocurrency Regulations in the Cards?
Coinbase has a battle with the SEC that could end badly for the broader cryptocurrency market
Biden aide Sullivan heads to India to prep for Modi state visit - sources
President Joe Biden's national security adviser, Jake Sullivan, is headed to India next week for final preparations ahead of Prime Minister Narendra Modi's state visit to Washington later this month, senior U.S. officials told Reuters. Washington is working to deepen ties with the world's largest democracy, forging military and industrial links with the South Asian country as a key counterweight to China's dominance, even as the two democracies differ on how to deal with Russia's Ukraine invasion.
- U.S.Miami Herald
65-year-old wasn’t hired for being ‘too old’ in New Jersey, feds say. Now company sued
The electrical company is accused of refusing to hire candidates older than 40 for certain positions.
- BusinessSimply Wall St.
Ermenegildo Zegna N.V. (NYSE:ZGN) Not Lagging Industry On Growth Or Pricing
Ermenegildo Zegna N.V.'s ( NYSE:ZGN ) price-to-sales (or "P/S") ratio of 1.8x may not look like an appealing investment...
- LifestyleUSA TODAY
How to make an easy DIY reusable gel ice pack and save some cash
Learn how to make an easy, reusable DIY gel ice pack with a zip top bag and just 3 simple ingredients.
- BusinessSimply Wall St.
Improved Revenues Required Before Quorum Information Technologies Inc. (CVE:QIS) Stock's 26% Jump Looks Justified
Quorum Information Technologies Inc. ( CVE:QIS ) shares have had a really impressive month, gaining 26% after a shaky...
- LifestyleUSA TODAY
Our favorite Dolphin pool vacuum is $50 off at Amazon this summer
The Dolphin Nautilus, a reviewer-favorite pool vacuum, is currently $50 off this summer. Shop the Amazon deal now.
Blinken meets Gulf officials in Saudi as alliances shift
US Secretary of State Antony Blinken met Gulf Arab officials in Saudi Arabia Wednesday at a time of rapidly shifting alliances following the oil-rich kingdom's rapprochement with Iran.Blinken attended a Gulf Cooperation Council (GCC) ministerial meeting in the capital Riyadh that kicked off shortly after he met with Saudi Foreign Minister Prince Faisal bin Farhan.
2024 Jeep Wrangler starts at $33,690 — and can end up much, much pricier
The 2024 Jeep Wrangler starts at $33,690 for the two-door Sport and goes up to $89,390 for the Rubicon 392.
BT CEO pay to be frozen until retirement - Sky News
The BT Group chief's base pay will be maintained at the level it was set when he joined the company in 2019 and is expected to be published in the telecoms group's annual report due Thursday, according to Sky News. The FTSE-100 firm announced plans in May to shed its global workforce by 40%, while Franco-Israeli billionaire Patrick Drahi increased his stake in the firm to 24.5%. Jansen's annual salary had been fixed for five years upon assuming the role in 2019, which would have expired this year.
Home Renovations That Will Pay You Back
When it's time to remodel, many homeowners head to home improvement stores like Lowe's to buy the supplies they need to complete their home projects. It's a smart idea, especially since the right...
11 Secret Perks Airlines Won’t Tell You About
If you're planning a summer getaway by plane, you may be feeling pretty bummed out by just how expensive flights are. Recent data from the Bureau of Labor Statistics showed that airfare jumped 18.6%...
Can Millennials Afford To Retire If They Never Own a Home?
Homeownership has traditionally been thought of as an essential financial milestone, but not every millennial can -- or wants -- to achieve it. According to the latest Census Bureau data, 51.1% of...
35 Surprising Cities With Low Costs of Living
No matter what your income level, most Americans have felt the impact of recent high inflation on the costs of goods and services you regularly buy. However, if you're struggling to make ends meet,...
US, European hotel room rates could keep rising - industry executives
Hotel room rates in the U.S. and Europe are rising and may get even more expensive as supply has failed to keep up with demand, industry executives said. U.S. hotel room supply is barely growing as tighter lending standards from regional banks make it harder for developers to secure funding, even as travel demand has grown after the COVID-19 pandemic. "We had robust supply growth over an extended period of time which did keep rates down," IHG Hotels and Resorts CEO Keith Barr said at the NYU International Hospitality Industry Investment Conference on Monday.
- WorldAP Finance
German, Indian companies sign accord on possible India submarine project
German and Indian companies signed an agreement Wednesday that envisions the possible building of six military submarines for India. The memorandum of understanding was signed in the presence of German Defense Minister Boris Pistorius, who was in India on a visit. The agreement calls for Germany's Thyssenkrupp Marine Systems to engineer and design six non-nuclear submarines that would be built and delivered by India's Mazagon Dock Shipbuilders with “significant local content.”
STMicroelectronics and Sanan Optoelectronics Forge $3.2B SiC Manufacturing Joint Venture in China
STMicroelectronics N.V. (NYSE: STM) collaborated with Sanan Optoelectronics to create a new 200mm silicon carbide device manufacturing JV in Chongqing, China. The new SiC fab will likely start production in Q4 2025 and full buildout by 2028, supporting the rising demand in China for car electrification and industrial power and energy applications. Correspondingly, Sanan Optoelectronics will build and operate separately a new 200mm SiC substrate manufacturing facility to fulfill the JV's needs, u
- BusinessSimply Wall St.
Aurora Cannabis Inc.'s (TSE:ACB) P/S Is On The Mark
There wouldn't be many who think Aurora Cannabis Inc.'s ( TSE:ACB ) price-to-sales (or "P/S") ratio of 1.2x is worth a...
Stocks slip as Canada raises interest rates
Stocks slipped Wednesday after Canada's central bank made a surprise interest rate hike, dampening hopes that the US Federal Reserve would skip an interest rate increase later this month.Canada's central bank on Wednesday increased its benchmark lending rate by 25 basis points to 4.75 percent, as the economy rose unexpectedly and inflation remained stubbornly high, following Australia's lifting of its interest rate to an 11-year high on Tuesday.
Black unemployment spikes, and women bear the brunt
Even though the rate of job losses among the Black workforce increased overall, the unemployment rate for Black women rose […] The post Black unemployment spikes, and women bear the brunt appeared first on TheGrio.
Rights group sues Ethiopian Airlines for 'discriminating' against Tigrayans
National flag carrier Ethiopian Airlines has been summoned for a court hearing Friday over claims by a human rights group that it discriminated against travellers from Tigray, according to court documents seen by AFP. The airline, which has a monopoly on domestic flights, resumed air links between the capital Addis Ababa and the Tigray region after a peace deal was signed in November 2022 ending two years of conflict in northern Ethiopia.The NGO said it wanted the tribunal to order the airline t
- Fort Worth Star-Telegram
No school property taxes? Abbott says Texas can get there. But there’s a fight to resolve | Opinion
Whatever plan lawmakers choose, it’s time for the Legislature to get a big tax cut done. | Opinion