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Stocks fall on Friday to close out tumultuous week, Dow drops for sixth straight week

May 6, 2022 by admin

The moves came after stocks sold off sharply in Thursday’s session.

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3 killed in stabbing attack near Tel Aviv, medics say

May 6, 2022 by admin

At least three killed in stabbing near Tel Aviv A pair of Palestinian attackers went on a stabbing rampage in a town near Tel Aviv on Thursday night, killing at …

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Dow tumbles 1,000 points for the worst day since 2020, Nasdaq drops 5%

May 5, 2022 by admin

Stocks reversed Wednesday’s rally and then fell back toward their lowest levels of the year.

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American fighters seek to help civilians across Ukraine

May 5, 2022 by admin

Russian forces have breached a besieged steel plant in the Ukrainian port city of Mariupol, leading President Volodymyr Zelenskyy to ask the United Nations for help in rescuing the remaining civilians …

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Fed raises rates by half a percentage point β€” the biggest hike in two decades β€” to fight inflation

May 4, 2022 by admin

Wednesday’s rate hike will push the federal funds rate to a range of 0.75%-1%.

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North Korea launches suspected missile toward sea

May 4, 2022 by admin

North Korea has launched a suspected ballistic missile toward its eastern waters on Wednesday, South Korean and Japanese officials said, days after North Korean leader Kim Jong Un vowed to …

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The Fed is expected to raise rates by a half point. Investors wonder if it will get more aggressive

May 3, 2022 by admin

Investors are focused on whether the Federal Reserve will signal an even more aggressive rate-hiking path going forward.

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Ukrainian drones destroy Russian patrol ships, defense ministry says

May 2, 2022 by admin

Ukrainian civilians evacuated from Mariupol Kyiv said Monday that its drones sank two Russian patrol boats near the Black Sea’s Snake Island where Ukrainian soldiers rebuffed Moscow’s demands to surrender …

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Fears of a Fed mistake grow as this week’s anticipated interest rate hike looms

May 2, 2022 by admin

The Federal Reserve is tasked with slowing the U.S. economy enough to control inflation but not so much that it tips into recession.

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Pelosi meets with Zelenskyy in Kyiv, vowing U.S. support for Ukraine

May 2, 2022 by admin

Top House Democrats visit Ukraine Warsaw, Poland — A U.S. congressional delegation led by House Speaker Nancy Pelosi praised the courage of the Ukrainian people in remarks during a visit to …

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