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Global stocks fall after UK's Truss defends tax cuts


Created: Thu, 29 Sep 2022 16:37:23 -0400

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Stocks are back to falling on Wall Street as worries about a possible recession and rising bond yields put the squeeze back on markets

Read more: Global stocks fall after UK's Truss defends tax cuts


How major US stock indexes fared Thursday 9/29/2022


Created: Thu, 29 Sep 2022 16:24:09 -0400

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Stocks are back to falling on Wall Street as worries about a possible recession and rising bond yields put the squeeze back on markets

Read more: How major US stock indexes fared Thursday 9/29/2022


CarMax, Rite Aid fall; Enerpac, Vail Resorts rise


Created: Thu, 29 Sep 2022 16:23:24 -0400

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Stocks that traded heavily or had substantial price changes Thursday: CarMax, Rite Aid fall; Enerpac, Vail Resorts rise

Read more: CarMax, Rite Aid fall; Enerpac, Vail Resorts rise


EXPLAINER: How do we know when a recession has begun?


Created: Thu, 29 Sep 2022 15:50:59 -0400

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The economy shrank in the first half of this year, underscoring fears of a broad-based slowdown that could lead to a recession

Read more: EXPLAINER: How do we know when a recession has begun?


House approves scaled-down bill targeting Big Tech dominance


Created: Thu, 29 Sep 2022 15:44:43 -0400

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The House has approved sharply scaled-down legislation targeting the dominance of Big Tech companies by giving states greater power in antitrust cases and increasing money for federal regulators

Read more: House approves scaled-down bill targeting Big Tech dominance


Closing prices for crude oil, gold and other commodities


Created: Thu, 29 Sep 2022 15:30:48 -0400

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Benchmark U.S. crude oil for November delivery fell 92 cents to $81.23 a barrel Thursday

Read more: Closing prices for crude oil, gold and other commodities


Senate passes stopgap bill to avert shutdown, aid Ukraine


Created: Thu, 29 Sep 2022 15:00:28 -0400

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Congress is moving quickly to avoid a government shutdown

Read more: Senate passes stopgap bill to avert shutdown, aid Ukraine


UK's Truss defends economic plan that sent pound tumbling


Created: Thu, 29 Sep 2022 13:24:15 -0400

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British Prime Minister Liz Truss has defended her economic plan that roiled financial markets, saying she’s willing to make “difficult decisions” to get the economy growing

Read more: UK's Truss defends economic plan that sent pound tumbling


Pumpkin farms adapt to improve soil, lower emissions


Created: Thu, 29 Sep 2022 13:20:50 -0400

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This Thanksgiving, your pumpkin pie might have a lower carbon footprint

Read more: Pumpkin farms adapt to improve soil, lower emissions


Buffett's company buys nearly 6M more Occidental shares


Created: Thu, 29 Sep 2022 12:36:45 -0400

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Warren Buffett’s company picked up another $368 million worth of Occidental Petroleum stock this week to give it control of nearly 21% of the oil producer

Read more: Buffett's company buys nearly 6M more Occidental shares


NATO believes Baltic Sea gas leaks were sabotage


Created: Thu, 29 Sep 2022 12:30:15 -0400

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NATO says it would retaliate for any attacks on critical infrastructure.

Read more: NATO believes Baltic Sea gas leaks were sabotage


Treasury moves forward with database on corporate ownership


Created: Thu, 29 Sep 2022 11:52:47 -0400

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Tens of millions of small U.S. companies will soon be required to submit details on their owners and others who benefit from them

Read more: Treasury moves forward with database on corporate ownership


Homeowners see slower equity gains as housing market cools


Created: Thu, 29 Sep 2022 11:04:27 -0400

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Homeowner equity climbed to record highs in the first half of this year, though its rate of growth is slowing as the housing market cools

Read more: Homeowners see slower equity gains as housing market cools


Lordstown Motors starts making electric trucks at Ohio plant


Created: Thu, 29 Sep 2022 10:56:37 -0400

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Commercial electric vehicle startup Lordstown Motors says it has slowly started production of its first model, the Endurance pickup

Read more: Lordstown Motors starts making electric trucks at Ohio plant


Germany to spend billions to tackle high energy prices


Created: Thu, 29 Sep 2022 10:42:16 -0400

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Germany plans to spend up to 200 billion euros helping consumers and businesses cope with the surge in energy prices

Read more: Germany to spend billions to tackle high energy prices


Kremlin gets ready to annex 4 regions of Ukraine on Friday


Created: Thu, 29 Sep 2022 10:16:44 -0400

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Russia says it will formally annex occupied parts of Ukraine where it held Kremlin-orchestrated “referendums” in which it claimed that residents had voted overwhelmingly to live under Moscow’s rule

Read more: Kremlin gets ready to annex 4 regions of Ukraine on Friday


Bed Bath & Beyond 2Q sales fall but meet Street's view


Created: Thu, 29 Sep 2022 09:52:56 -0400

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Bed Bath & Beyond’s sales declined 28% in its fiscal second quarter, but the performance managed to meet Wall Street’s expectations

Read more: Bed Bath & Beyond 2Q sales fall but meet Street's view


US economy drops at 0.6% annual rate from April through June


Created: Thu, 29 Sep 2022 09:30:38 -0400

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Battered by surging consumer prices and rising interest rates, the U.S. economy shrank at a 0.6% annual rate from April through June, the government announced Thursday, unchanged from its previous second-quarter estimate

Read more: US economy drops at 0.6% annual rate from April through June


Bulgaria to hold election overshadowed by war in Ukraine


Created: Thu, 29 Sep 2022 08:22:36 -0400

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Bulgarians will go to the polls for the fourth time in less than two years in a general election overshadowed this time by the war in Ukraine, rising energy costs and galloping inflation

Read more: Bulgaria to hold election overshadowed by war in Ukraine


Porsche shares rise in one of Europe's largest market debuts


Created: Thu, 29 Sep 2022 06:51:13 -0400

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Shares in luxury automaker Porsche have risen on their first day of trading.

Read more: Porsche shares rise in one of Europe's largest market debuts


Chinese tycoon Richard Liu faces civil trial in alleged rape


Created: Thu, 29 Sep 2022 06:10:41 -0400

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Jury selection begins Thursday in a civil trial against a Chinese billionaire.

Read more: Chinese tycoon Richard Liu faces civil trial in alleged rape


Asian stocks follow Wall St higher after UK calms markets


Created: Thu, 29 Sep 2022 00:45:28 -0400

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Asian stock markets have followed Wall Street higher after Britain’s central bank moved forcefully to stop a budding financial crisis

Read more: Asian stocks follow Wall St higher after UK calms markets


Ian threatens Florida's already unstable insurance market


Created: Wed, 28 Sep 2022 21:17:44 -0400

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Florida’s property insurance market was already in peril

Read more: Ian threatens Florida's already unstable insurance market


California governor approves farmworker unionization law


Created: Wed, 28 Sep 2022 21:04:44 -0400

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California Gov. Gavin Newsom has approved one of the most contentious bills before him this year

Read more: California governor approves farmworker unionization law


Rohingya seek reparations from Facebook for role in massacre


Created: Wed, 28 Sep 2022 20:37:41 -0400

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For years, Facebook, now called Meta, has pushed the narrative that it was a neutral platform in Myanmar that was misused by malicious people and failed to moderate violent and hateful material adequately

Read more: Rohingya seek reparations from Facebook for role in massacre

 
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