‘Tough duel’ ahead for Ukraine as Russia mounts fierce resistance to counteroffensive
It’s becoming increasingly clear that Ukraine could have a long and likely bloody slog ahead of it when it comes to its counteroffensive.
Financial News
Brits are facing a major mortgage crisis as lending rates soar
The average two-year fixed rate rose above 6% on Monday as experts warned of chaos in a market with fewer available products.
Blinken meets Chinese Foreign Minister Qin Gang on high-stakes diplomatic trip to Beijing
The trip by Blinken makes him the highest-level American official to visit China since Joe Biden became U.S. president.
Binance France chief brushed off concerns days before police visit
Binance France’s president David Prinçay dismissed U.S. regulatory action just days before French prosecutors accused the exchange of money laundering.
Elon Musk says Tesla’s market cap is directly tied to whether it solves autonomous driving
Tesla CEO Elon Musk thinks the automaker’s market capitalization is directly tied to whether the automaker is able to solve autonomous driving.
European Central Bank diverges from Fed, raising rates to highest in 22 years
The European Central Bank raised rates Thursday as it attempts to bring down persistently high inflation.
Fed holds off on rate hike, but says two more are coming later this year
The Federal Reserve on Wednesday released its decision on interest rates.
Here’s the inflation breakdown for May 2023, in one chart
The consumer price index rose at its slowest pace in two years in May, the U.S. Bureau of Labor Statistics said Tuesday.
FTC will try to block Microsoft’s acquisition of Activision Blizzard
The FTC had already sued to block the $68.7 billion acquisition, choosing to bring the case before its internal administrative law judge.
Trump indictment is ‘very, very damning,’ his former attorney general says
Donald Trump’s former Attorney General Bill Barr said Trump is “toast” after a 37-count criminal indictment against him was unsealed Friday.