Brutal First Half Of '22 On Track To Shave $8 Trillion Off S&P 500
Steep losses in stocks and bonds, dizzying market swings and a Federal Reserve intent on curbing the worst inflation in more than forty years have been among the hallmarks of U.S.
IKEA's Stocks Back At 2019 Levels In Europe As Transport Bottlenecks Ease
Warehouses for IKEA stores in Europe are as full as they were before the pandemic after an easing of transport bottlenecks in the region, the retail manager of Ingka Group, which owns most IKEA stores world-wide, said on Thursday.
Hells Angels Founder Sonny Barger Dead At 83
Hells Angels founder Sonny Barger dead at 83
EU And New Zealand Seal 'State-of-the-art' Trade Deal
EU and New Zealand seal 'state-of-the-art' trade deal
US Firefighters Adapt To 'New Hazards' In Electric Car Blazes
California firefighters ended up using a water-filled pit to douse the stubborn flames in a Tesla's battery compartment earlier this month, typifying the distinct difficulties in battling electric vehicle blazes.
US FDA Wants COVID Boosters Targeting Omicron BA.4, BA.5 Subvariants
The U.S. Food and Drug Administration on Thursday recommended COVID-19 vaccine manufacturers change the design of their booster shots beginning this fall to include components tailored to combat the currently dominant Omicron BA.4 and BA.5 subvariants of the coronavirus.
U.S. Supreme Court Limits Federal Power To Curb Carbon Emissions
The U.S. Supreme Court on Thursday imposed limits on the federal government's authority to issue sweeping regulations to reduce carbon emissions from power plants in a ruling that undermines President Joe Biden's plans to tackle climate change and could constrain various agencies on other issues.
Surge In U.S. Demand For Dutch Abortion Pills After Roe V. Wade Decision
Demand for a Dutch service offering abortion pills surged more than fourfold after the U.S. Supreme Court struck down Roe v. Wade, a women's rights campaigner said on Thursday.
US Inflation High But Stable In May As Spending Slows
US inflation high but stable in May as spending slows
Manchin, Sinema Dash Biden Hopes For Filibuster Change On Abortion Rights
President Joe Biden on Thursday proposed that U.S.
Teen Survivors Of S.African Tavern Disaster Quit Nightlife In Horror
South African teenager Sinenjongo Phuthumani had only discovered the joys of drinking in nightclubs with her friends after graduating from school last year.
Downfall Of Bolsonaro Ally Spotlights Brazilian Leader's Female Voter Issue
Brazilian President Jair Bolsonaro, a far-right former army captain with a history of misogynistic comments, has a female voter problem that could cost him in October elections.
Column-Fed's Inflation Target Ambiguity Risks Market Misstep: McGeever
It may just boil down to semantics, and in good times when inflation is low it's not an issue at all. But the Fed has a communication problem.
Bhutan To Welcome Tourists 'Who Can Spend' For First Time Since COVID
Bhutan will reopen for international tourists from September for the first time since the pandemic began more than two years ago, officials said on Thursday, as the tiny Himalayan kingdom looks to revive its economy.
Nadal And Swiatek Survive Wobbles To Progress At Wimbledon
Nadal and Swiatek survive wobbles to progress at Wimbledon
Exclusive-ECB To Channel Cash From North To South In Bid To Cap Spreads - Sources
The European Central Bank will buy bonds from Italy, Spain, Portugal and Greece with some of the proceeds it receives from maturing German, French and Dutch debt in a bid to cap spreads between their borrowing costs, sources told Reuters.
Sri Lanka Eyes Trimming Presidential Powers Amid Unrest Over Economic Crisis
Sri Lanka's government on Thursday proposed amending the constitution to trim presidential powers and beef up anti-corruption powers to help shore up stability and defuse unrest provoked by the country's worst financial crisis in decades.
France Holding 10 Suspects Over Channel Migrant Disaster
France holding 10 suspects over Channel migrant disaster
"It's Tough Here": Mexican Migrant Town Faces Lure And Lore Of The American Dream
In the small, sleepy town of Izucar de Matamoros in central Mexico, vendors sell pastries, sunglasses, and shoe polish under the hot sun for a few dollars a day.
Chinese Tech Giants Vow To Stop NFT Secondary Trading -state Media
Chinese tech giants including Tencent Holdings and Ant Group have signed a pact to stop the secondary trading of digital collectibles and "self-regulate" their activities in the market, Chinese state media reported on Thursday.
Goldman Sachs Partners With Derivative Path To Grow Transaction Banking
Goldman Sachs Group Inc said on Thursday it is launching a partnership with capital markets technology firm Derivative Path that opens the door to thousands of U.S.
Brutal First Half Puts Bonds In Line For Worst Year In Decades
If dramatic losses seen in the first half of 2022 are maintained over the coming months, U.S. and European government bond markets are set for their worst year in decades in another sign the long bond bull-run may be over.
Reuters Poll: Supply Fears To Sustain Oil Rally, Trumping Recession Risks
Oil prices are expected to stay above $100 a barrel this year as Europe and other regions struggle to wean themselves off Russian supply, a Reuters poll showed on Thursday, though economic risks could slow the climb.
Explainer-How Would U.S. Corporate Abortion Travel Benefits Work?
Major companies including JPMorgan Chase & Co, Amazon.com Inc and Walt Disney Co have said they would pay travel costs for employees seeking abortions out-of-state after the U.S.
Salmonella Found In World's Biggest Chocolate Plant
Salmonella found in world's biggest chocolate plant
Wall Street Slides, Dow Set For Worst First-half Since 1962
U.S. stocks slipped on Thursday, setting the Dow up for its worst first six months since 1962, on concerns that a dogged pursuit by central banks to tame inflation would hamper global economic growth.
Wall Street Plunges, S&P 500 Set For Worst First-half Since 1970
U.S. stocks tumbled on Thursday, setting the S&P 500 for its worst first six months since 1970, on concerns that central banks determined to tame inflation will hamper global economic growth.
Wall St Set To Fall On Last Day Of Bleak First-half On Growth Fears
U.S. stock index futures slid on Thursday on the last day of a dismal first-half of the year on worries that central banks determined to tame inflation will hamper global economic growth.
Futures Tumble On Last Day Of A Torrid First-half On Growth Fears
U.S. stock index futures slid on Thursday on the last day of a dismal first-half of the year on worries that central banks determined to tame inflation will hamper global economic growth.
17 Dead In Southern Ukraine Strikes, After Russia Quits Snake Island
17 dead in southern Ukraine strikes, after Russia quits Snake Island