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Tech stocks are mired in their longest weekly losing streak since dot-com bust

May 21, 2022 by admin

The Nasdaq’s seven-week losing streak underscores the shift in investor sentiment away from technology and growth stocks as the broader markets sell off.

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Stocks close flat in wild session Friday that saw the S&P 500 briefly fall into a bear market

May 20, 2022 by admin

Stocks were under pressure for most of Friday’s session as investors worried the economy could fall into a recession.

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Medic’s video captures horrors in Mariupol

May 20, 2022 by admin

Medic’s video captures horrors in Mariupol The horrors of Russia’s ruthless assault on Mariupol were captured in vivid detail on a body camera worn by a Ukrainian medic, who recorded …

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S&P 500 falls again on Thursday, inching closer to bear market territory

May 20, 2022 by admin

The broad market index was under pressure after experiencing its worst one-day drop since 2020.

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North Korea’s suspected COVID-19 caseload approaching 2 million

May 19, 2022 by admin

Growing COVID-19 outbreak in North Korea Seoul, South Korea — North Korea on Thursday reported 262,270 more suspected COVID-19 cases as its pandemic caseload neared 2 million – a week …

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Dow drops 1,100 points for its biggest decline since 2020 as the sell-off this year on Wall Street intensifies

May 18, 2022 by admin

Major retailer Target warned of rising cost pressures in its business right after Walmart, triggering the sell-off.

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Finland and Sweden officially apply to join NATO

May 18, 2022 by admin

Putin defends Ukraine war in “Victory Day” speech Brussels — NATO Secretary-General Jens Stoltenberg said Wednesday that Finland and Sweden have formally applied to join the world’s biggest military alliance, …

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Powell says the Fed will not hesitate to keep raising rates until inflation comes down

May 17, 2022 by admin

Fed Chair Jerome Powell said he will back interest rate increases until prices start falling back toward a healthy level.

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Ukrainian steel mill fighters evacuate, declare mission complete

May 17, 2022 by admin

A big win for Ukraine over Russia Efforts were underway Tuesday to rescue the last of the defenders inside the Azovstal steel plant in the ruined port city of Mariupol …

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Some factories might leave China, but in the grand scheme of things it doesn’t matter much

May 17, 2022 by admin

Businesses have discussed moving factories out of China for years, especially since labor costs have climbed and U.S.-China trade tensions worsened.

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