(1/2)The 76th Cannes Film Festival – Screening of out-of-competition ‘The Idol’ television series – Red Carpet Arrivals – Cannes, France, May 22, 2023. Travis Scott poses. REUTERS/Sarah Meyssonnier/File Photo June 29 (Reuters) – A Texas grand jury meets on Thursday to weigh possible criminal charges against rapper Travis Scott and others for a 2021 crowd … Read more
NEW YORK, June 22 (Reuters) – (This story from June 22 has been reposted to correct spelling of “Hillary” in paragraph 1) Bankrupt crypto exchange FTX on Thursday sued a former aide to Hillary Clinton and the former aide’s investment firm, seeking to recover $700 million in investments allegedly made with embezzled FTX funds. FTX … Read more
Carmax surges after beating quarterly earnings Starbucks workers on strike next week Indices down: Dow 0.65%, S&P 0.77%, Nasdaq 1.01% NEW YORK, June 23 (Reuters) – U.S. stocks closed lower on Friday, capping a week dominated by testimony from Federal Reserve Chairman Jerome Powell in which he signaled further interest rate hikes to come , … Read more
Bank of England raises rates by surprise 50 basis points Accenture slips after quarterly revenue forecast Spirit AeroSystems sinks as production halts, weighs on Boeing Indices: Dow down 0.01%, S&P up 0.37%, Nasdaq up 0.95% June 22 (Reuters) – The S&P 500 and Nasdaq closed higher on Thursday as U.S. Federal Reserve Chairman Jerome Powell … Read more
WASHINGTON, June 21 (Reuters) – The U.S. Federal Trade Commission on Wednesday accused Amazon.com (AMZN.O) of signing up millions of consumers to its paid subscription service Amazon Prime without their consent and of making difficult to cancel them, the agency said. latest action against the e-commerce giant in recent weeks. The FTC sued Amazon in … Read more
FedEx slips after disappointing fourth quarter results Crypto Stock Gains as Bitcoin Loses $30,000 Tesla drops after Barclays downgrade Indices down: Dow 0.30%, S&P 0.52%, Nasdaq 1.21% NEW YORK, June 21 (Reuters) – U.S. stocks closed lower on Wednesday as Federal Reserve Chairman Jerome Powell’s testimony to Congress reinforced the central bank’s aim to contain … Read more
UK CPI steady at 8.7% in May vs. expected drop to 8.4% Core inflation hits its highest level since 1992 at 7.1% Markets step up bets on Bank of England rate hike Finance minister says government ‘will stick to its guns’ LONDON, June 21 (Reuters) – Britain’s inflation defied forecasts of a slowdown and held … Read more
June 20 (Reuters) – Groundbreaking work for single-family home construction projects in the United States rose in May by the biggest increase in more than three decades and permits for future construction also rose, suggesting that the housing market could take a turn after being hampered by the Federal Reserve’s interest rate hikes. Yet even … Read more
Adobe falls as EU regulators investigate Figma deal Dice Therapeutics jumps on the Eli Lilly case Nike slips on inventory issues Indices down: Dow 0.66%, S&P 0.51%, Nasdaq 0.30% June 20 (Reuters) – Major Wall Street indexes fell on Tuesday as better-than-expected housing data stoked concerns over further interest rate hikes by the U.S. Federal … Read more
Qatar signs second 27-year contract to supply China with LNG Asian customers lead race to secure LNG from QatarEnergy expansion China’s CNPC takes stake in QatarEnergy expansion project DOHA, June 20 (Reuters) – Qatar on Tuesday concluded its second major gas supply deal with a Chinese state-controlled company in less than a year, putting Asia … Read more
