The stock market broke records during the holiday-shortened trading week. The S & P 500 hit an all-time intraday high Friday but closed slightly lower. Nevertheless, the index rose 1.4% last week, padding an almost 18% year to date advance. Economic data last week lifted investor spirits, with weekly jobless claims, as well as third-quarter…
Austan Goolsbee Getty Images Inflation data last week was “bad news” for the U.S. Federal Reserve and means the Fed needs to be cautious about rate cuts until inflation begins to recede, Chicago Fed President Austan Goolsbee said on Saturday. “We have got to get some assurance that we are going back to the 2%…
The Qualcomm Incorporated logo is being displayed at their pavilion during the Mobile World Congress in Barcelona, Spain, on February 28, 2024. Joan Cros | Nurphoto | Getty Images Qualcomm wants to get closer to robot makers. The company said Tuesday that it’s acquiring Arduino, an electronics maker whose inexpensive programmable circuit boards and computers…
The Minister of the Supreme Court of Brazil, Alexandre de Moraes, participates in the plenary session of the Supreme Court (STF) in Brazil on Feb. 20, 2025, after the Attorney General’s Office (PGR) indicts the former president of Brazil, Jair Bolsonaro, for plotting a coup d’etat in 2023. Ton Molina | Nurphoto | Getty Images…
George Santos, who was expelled from the U.S. House of Representatives, arrives for the sentencing in his criminal corruption charges at Central Islip Federal Courthouse in Central Islip, New York, on April 25, 2025. Shannon Stapleton | Reuters WASHINGTON — Disgraced former Rep. George Santos is set to report to prison on Friday, beginning a more than seven-year…
Deadlines spark action, and with teams reluctant to give Japanese slugger Munetaka Murakami the long-term, nine-figure commitment many originally projected, the Chicago White Sox pounced on the boom-or-bust opportunity to add the 25-year-old corner infielder whose ceiling is as high as any slugger’s on the market. Twenty-four hours before his posting window closed, Murakami and…
Citadel CEO Ken Griffin told CNBC his company has started shifting investment toward Miami in response to New York City Mayor Zohran Mamdani’s viral tax day video calling out the hedge-fund chief. “In reaction to New York, we filed a permit with the city of Miami. We’ve added several hundred thousand square feet of new…
Twitter CEO Jack Dorsey testifies during a remote video hearing held by subcommittees of the U.S. House of Representatives Energy and Commerce Committee on “Social Media’s Role in Promoting Extremism and Misinformation” in Washington, U.S., March 25, 2021. Handout | Via Reuters Block said Wednesday that it expects gross profit to increase in the mid-teens…
Who will be the next head coach of the North Carolina Tar Heels’ men’s basketball team? Nearly two weeks after the program fired Hubert Davis, there seems to be a lot of unknowns about who’ll be the next head coach of one of college basketball’s blue bloods. Let’s take a closer look at some of…
Check out the best moments between the New York Mets and the Kansas City Royals. <
