Israel and Hamas agree to cease-fire over Gaza conflict
Palestinians inspect a site hit during an Israeli airstrike in Gaza City on May 20, 2021. Mahmud Hams | AFP | Getty Images WASHINGTON — Israel’s security cabinet on Thursday …
Financial News
The crypto collapse: Here’s what’s behind bitcoin’s sudden drop
Key Points The flagship cryptocurrency fell to more than three-month lows on Wednesday, dropping to about $30,000 at one point. The recent slide is a reversal from the dramatic rise …
Yellen pushes higher taxes, stronger unions, more global competition to U.S. Chamber
Secretary of the Treasury Janet Yellen speaks during a daily news briefing at the James Brady Press Briefing Room of the White House May 7, in Washington, DC. Alex Wong …
WHO says pandemic is far from over despite high vaccination rates in some countries
Key Points The global pandemic isn’t over yet despite high Covid vaccination rates in some countries, the head of the World Health Organization warned. “There is a huge disconnect growing …
U.N. Secretary General calls for immediate Gaza ceasefire as civilian death toll increases
Palestinians inspect their house, after it was destroyed by an Israeli airstrike, in the city of Rafah, in the southern Gaza Strip on May 16, 2021. Said Khatib | AFP …
After speaking with Biden, Netanyahu suggests Israel’s assault in Gaza will persist
A member of the Palestinian civil defence walks amidst the rubble of a building in Gaza city which housed the Intaj Bank linked to the Hamas movement which controls the …
S&P 500 jumps 1.5% Friday as Big Tech rebounds, but still posts a weekly loss
“This week’s decline was a good thing,” said Tony Dwyer, chief market strategist at Canaccord Genuity. “There needs to be a correction into the summer that is meaningful enough to …
Disney misses on subscriber expectations, parks revenue still hurt by Covid restrictions
Disney reported second quarter results Thursday, posting lower-than-expected revenue and subscriber counts for its streaming service. The company’s stock dipped around 3.5% in after-hours trading. Earnings per share: 79 cents …
Dow tumbles 680 points in worst decline since January as hot inflation reading spooks investors
Investors have been fearful of a pick-up in inflation as it could squeeze margins and erode corporate profits. If price pressures run too hot for a sustained period of time, the …
Nasdaq ends wild day flat after Big Tech reversal, Dow drops 470 points for worst day since February
Earlier in the volatile session, higher-priced technology shares led the market losses and the selling spilled over to everything from bank stocks to energy and industrials. Then many tech shares …