Stock futures are trading lower after the Dow posts a five-day profit streak

Stock futures are trading lower after the Dow posts a five-day profit streak

A trader works on the trading floor of the New York Stock Exchange (NYSE) in New York City, January 26, 2023. Andrew Kelly | Reuters Stock futures fell Friday morning as investors looked forward to earnings and economic reports due later in the day. Futures linked to the Dow Industrial Average fell 42 points, or … Read more

Stock futures are trading lower after the Dow posts a five-day profit streak

Stock futures are trading lower after the Dow posts a five-day profit streak

A trader works on the trading floor of the New York Stock Exchange (NYSE) in New York City, January 26, 2023. Andrew Kelly | Reuters Stock futures fell Friday morning as investors looked forward to earnings and economic reports due later in the day. Futures linked to the Dow Industrial Average fell 42 points, or … Read more

Wagner group: US introduces new sanctions against Russian mercenary group

Wagner group: US introduces new sanctions against Russian mercenary group

CNN — The US Treasury Department on Thursday designated the Wagner Group, a Russian private mercenary organization heavily involved in the war in Ukraine, as a major transnational criminal organization, imposing a slew of sanctions on a transnational network that supports it. The U.S. State Department simultaneously announced a number of sanctions designed to “target … Read more

S&P 500 Rises After Strong GDP Report, Nasdaq Jumps Nearly 1% on Tesla Results

S&P 500 Rises After Strong GDP Report, Nasdaq Jumps Nearly 1% on Tesla Results

The Nasdaq Composite rose Thursday as fourth-quarter gross domestic product beat expectations and investors analyzed the latest string of corporate earnings. The tech-heavy index rose 0.9%, while the Dow Jones Industrial Average traded flat. The S&P 500 rose 0.45%. GDP data released Thursday shows the economy grew at an annualized rate of 2.9% in the … Read more

Maria Branyas Morera, 115, is the world’s oldest person

Maria Branyas Morera, 115, is the world’s oldest person

CNN — She has survived the horrors of two world wars, a civil war and two global pandemics. US-born Maria Branyas Morera has been named the world’s oldest person by Guinness World Records (GWR), following the death of French nun Sister André earlier this month at the age of 118. Morera has spent the past … Read more

Asia-Pacific Markets, Trade Data, Bank of Japan

Asia-Pacific Markets, Trade Data, Bank of Japan

The CEO of Toyota will step down from his position on April 1 Toyota Motor Corporation’s President and Chief Executive Akio Toyoda will step down on April 1 to be replaced by current Chief Branding Officer Koji Sato, the Japanese automaker said. Toyoda will become the new chairman of the board of directors, while current … Read more

McDonald’s, In-N-Out and Chipotle are spending millions blocking pay raises for their employees

McDonald’s, In-N-Out and Chipotle are spending millions blocking pay raises for their employees

New York CNN — California voters will decide next year on a referendum that could overturn a groundbreaking new state law that sets working conditions and minimum wages of up to $22 an hour for fast food workers in the nation’s largest state. Chipotle, Starbucks, Chick-fil-A, McDonald’s, In-N-Out Burger and KFC owner Yum! Brands donated … Read more

Tesla’s price cuts could spark an electric vehicle price war

Tesla’s price cuts could spark an electric vehicle price war

A Tesla showroom is on display at the City Center mall on January 17, 2023 in Washington, DC. Anna Geldmaker | Getty Images DETROIT — Tesla vehicles in the US are undergoing significant price cuts, proving to be a double-edged sword for the electric car manufacturer and the larger auto industry. Tesla lowered the prices … Read more

Inflation is cooling down, but high prices will persist

Inflation is cooling down, but high prices will persist

A grocery store in New York. Wang Ying | Xinhua News Agency | Getty Images Inflation may cool. But for most Americans, the price of a cup of coffee or a bag of groceries hasn’t dropped. The big question in the coming months is whether consumers will also feel relieved. related investment news In recent … Read more

Der Spiegel reports that Germany is ready to send Leopard 2 tanks to Ukraine

Der Spiegel reports that Germany is ready to send Leopard 2 tanks to Ukraine

CNN — Germany plans to send its sought-after Leopard 2 tanks to Ukraine to bolster the country’s war effort, Der Spiegel reported Tuesday night, according to unnamed sources. German Chancellor Olaf Scholz has decided to deliver the main battle tanks after “months of discussion,” the German news outlet’s exclusive report said. The German parliament will … Read more