Twitter may be worth one-third what Musk paid for it last fall as Fidelity fund marks down value
Twitter may now be worth one-third of what Elon Musk paid for the social media platform just seven months ago
2023-06-01 23:15
Recession ahead? By this metric, one's here now: Earnings fall and Wall Street fears worse to come
The latest round of corporate earnings is leaving Wall Street with a confounding sense of relief and lingering anxiety
2023-06-01 21:55
Stock market today: Wall Street slips in early going; Dollar General sinks
Stocks are slipping in early trading as reports on the U.S. economy painted a mixed outlook and some of Wall Street’s euphoria around artificial intelligence cools
2023-06-01 21:55
Little-Known Lung Infection Grabs Limelight From Covid, RSV
A little-known respiratory virus is grabbing the limelight from Covid-19 and RSV after cases surged earlier this year,
2023-06-01 21:53
Court rules Austria can't be held liable for early COVID infection at ski resort
An Austrian federal court says the state can’t be held liable for a COVID-19 infection from an outbreak at an Alpine ski resort as the coronavirus pandemic hit Europe The Supreme Court of Justice on Thursday announced its verdict in a long-running legal battle involving a German resident who traveled to Ischgl in March 2020 and visited several apres-ski venues before returning home six days later
2023-06-01 20:55
Russia, China foreign ministers set for BRICS meet in South Africa with war in Ukraine on agenda
The Russian and Chinese foreign ministers are set to meet with their counterparts from the BRICS economic bloc of developing nations in South Africa on Thursday
2023-06-01 20:52
US applications for unemployment benefits tick up slightly as labor market remains healthy
The number of Americans filing for unemployment benefits rose slightly last week but remains at healthy levels that continue to show a strong U.S. labor market
2023-06-01 20:46
US turns up pressure on air bag inflator company that refuses a recall despite deaths, injuries
The U.S. government is stepping up its quest to force ARC Automotive Inc. to recall 67 million potentially dangerous air bag inflators by ordering the company to answer questions under oath
2023-06-01 20:29
Recession ahead? By this metric, one's already here: Earnings shrink and Wall St fears worse to come
The latest round of corporate earnings is leaving Wall Street with a confounding sense of relief and lingering anxiety
2023-06-01 20:19
Macy's slashes expectations for the year after a pullback by shoppers in the spring
Macy’s slashed its annual profit and sales outlook with sales weakening sales in the first quarter during an increasingly challenging economic environment, including stubbornly high inflation
2023-06-01 19:55
Renewable energy surges, driven by solar boom and high fuel prices, report finds
The world is set to add a record amount of renewable electricity capacity this year as governments and consumers seek to offset high energy prices and take advantage of a boom in solar power
2023-06-01 19:22
India pauses plans to add new coal plants for five years, bets on renewables, batteries
The Indian government will not consider any proposals for new coal plants for the next five years and focus on growing its renewables sector, according to an updated national electricity plan released Wednesday evening
2023-06-01 19:16