Stocks tumble, dollar rallies as soaring U.S. inflation implies an aggressive Fed
(Updates after U.S. close, adds commentary) By Sinéad Carew NEW YORK (Reuters) – The dollar index rallied on Tuesday and the S&P 500 tumbled 4%...
(Updates after U.S. close, adds commentary) By Sinéad Carew NEW YORK (Reuters) – The dollar index rallied on Tuesday and the S&P 500 tumbled 4%...
by Theodore R. Malloch September 12, 2022
By Caroline Valetkevitch NEW YORK (Reuters) – The dollar rallied against the yen, euro and other currencies on Tuesday after stronger-than-expected U.S. inflation data boosted...
By Lewis Krauskopf and David Randall NEW YORK (Reuters) – An already-murky outlook for U.S. stocks and bonds is growing darker, as sizzling inflation ratchets...
By Hilary Russ SEATTLE (Reuters) – Starbucks is introducing technology to speed up production of its increasingly popular cold beverages and send digital orders away...
By Stephen Culp NEW YORK (Reuters) – A broad sell-off sent U.S. stocks reeling on Tuesday after a hotter-than-expected inflation report dashed hopes that the...
WASHINGTON (Reuters) – U.S. Senator Lindsay Graham, a Republican critic of social media companies like Meta’s Facebook and Twitter, said on Tuesday that he wants...
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices unexpectedly rose in August and underlying inflation accelerated amid rising costs for rents and healthcare, giving...
While speaking at Boston's JFK Library on Monday, Biden gave an update on his administration's campaign promise to find a cure for cancer. He announced that his goal is to cut cancer death rates by at least 50 percent within the next 25 years.
By Herbert Lash NEW YORK (Reuters) -U.S. Treasury yields surged and a recession warning – the yield curve inversion – widened on Tuesday after monthly...
By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) -JPMorgan Chase and Bank of America, the two largest U.S. banks by assets, expressed caution about...
The Australian government has vowed to replace the late Queen's image on its $5 note with Australian figures. In a statement on Tuesday, Australian officials said the note would not automatically be replaced by the image of King Charles III. Officials added that the Queen's face was not put on its currency due to her title but because of her personality.
Former US Solicitor General Ken Starr has passed away at the age of 76. Baylor University officials announced Starr’s passing at the St. Luke's Medical Center in Houston, Texas on Tuesday. Officials noted that Starr had died from complications which ensued during surgery.
The White House's second in command has a very different vision for America than its founders. Vice President Kamala Harris said that the southern border is secure but has claimed that the Supreme Court is a threat to the United States.
(Reuters) -Twitter Inc’s shareholders approved a $44 billion buyout by Elon Musk on Tuesday, handing over the deal’s outcome to a court battle in which...
An optically difficult day for the White House - as the economy tanks at news of roaring inflation and a higher than expected CPI rate, Biden staffers assembled the President for a photo op taking the bow for his inflation reduction efforts.
By Kanishka Singh WASHINGTON (Reuters) -The U.S. Commerce Department said it reached a cooperative research and development agreement with Alphabet Inc’s Google to produce chips...
(Reuters) – San Francisco startup TeraWatt Infrastructure has raised more than $1 billion from investors to expand a network of charging centers focused on electric...
Tuesday’s elections are the last primaries for this midterm cycle. In Delaware, Democrat representative Lisa Blunt Rochester and Republican nominee Lee Murphy filed with no opposition within their own parties.
By Brian Love PARIS (Reuters) – Film director Jean-Luc Godard, the godfather of France’s New Wave cinema who pushed cinematic boundaries and inspired iconoclastic directors...
Trump-endorsed Arizona Senate candidate Blake Masters stressed that border security is a top issue for the Grand Canyon State. One America News's Neil W. McCabe has more.
The Consumer Price Index report for August is out, showing inflation is up 8.3 percent from a year ago. Economists were expecting 8.1 percent year-over-year. The Labor Department released the report Tuesday, indicating inflation is slightly up by 0.1 percent from July.
The mayor of a small Illinois town is reeling after dozens of migrants are bussed to his town without notice. Elk Grove Village Mayor Craig Johnson said he recently received a call from Illinois Governor J.B. Pritzker's office, informing him ''a bus" full of migrants would be arriving in the city that evening.
Latest court documents show President Joe Biden likely knew about the FBI's Mar-a-Lago raid in advance. According to the Special Master Order by Judge Aileen Cannon, the FBI was granted access to Mar-a-Lago documents by the White House Counsel's Office.
Twenty-one years ago, the world changed forever when Islamist terrorists attacked the United States on September 11. As a result, air space above the US was completely shut down for three days, stranding thousands of Americans abroad.
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