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The Fed will raise rates in the week ahead, but what Chair Powell says may matter most

June 11, 2022 by admin

The Federal Reserve meets next week, and while opinion is unanimous it will raise rates, markets are hinging on what Chair Powell says about future hikes.

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7 found dead in tourist area with messages written on corpses

June 11, 2022 by admin

Mexico villages arm kids to fight cartels Authorities on the Gulf coast of Mexico said the bodies of seven men have been found dumped on a roadway in the Huasteca …

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Dow dives 800 points, S&P 500 posts worst week since January after inflation hits 40-year high

June 10, 2022 by admin

Stocks fell as investors digested the latest inflation report.

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PGA Tour suspends players in Saudi-funded golf event

June 10, 2022 by admin

PGA Tour suspends players in Saudi-funded golf event The PGA Tour effectively cut 17 players, including Dustin Johnson and Phil Mickelson, from its roster over their participation in a Saudi-financed …

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Stocks fall sharply, Dow drops more than 600 points ahead of pivotal inflation data

June 9, 2022 by admin

Stocks fell on Thursday, dropping sharply in the final hour of trading, ahead of a CPI reading on Friday.

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EU to require one cable to charge smartphones, other devices

June 9, 2022 by admin

EU to require one cable to charge smartphones, other devices The EU has approved a plan that would require all tech companies, including Apple, to make devices compatible with the …

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Stock futures are flat on Wednesday evening

June 9, 2022 by admin

Stock futures were flat in overnight trading Wednesday after the major averages ended the regular session lower and U.S. Treasury yields rose.

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Fed GDP tracker shows the economy could be on the brink of a recession

June 8, 2022 by admin

The Atlanta Fed’s GDPNow tracker is now pointing to an annualized gain of just 0.9% for the second quarter.

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New video shows gold coins and treasure from “holy grail” of shipwrecks

June 7, 2022 by admin

Gold coins found in centuries-old shipwrecks New video shows gold coins and other treasure scattered around a long-lost shipwreck off the coast of Colombia — as well as two other …

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Ex-Afghan president likely did not flee Afghanistan with millions, report finds

June 7, 2022 by admin

Former Afghan President Ashraf Ghani and his senior advisers likely fled Afghanistan without millions that went missing during the Taliban takeover, contrary to rumors, an oversight report has found. Since …

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