Germany Speeds Up Time Frame For Ending Russian Oil Dependence
ToplineGermany could end its reliance on Russian oil by the close of summer, the country’s Federal Ministry of Economics and ...
Tag: breaking-news
Nasdaq Posts Worst Month Since 2008 And Dow Plunges 900 Points: Market Sell-Off Continues
ToplineStocks plunged on Friday and hit new lows for 2022, wrapping up a brutal sell-off this month as investors continued ...
Russia’s Gazprom Cuts Gas Supplies To Poland And Bulgaria
ToplineRussian energy giant Gazprom halted gas supplies to Poland and Bulgaria over their failure to pay for gas in rubles, ...
Stock Market Sell-Off Continues: Dow Plunges 800 Points Ahead Of Big Tech Earnings
ToplineThe stock market tanked on Tuesday, adding to already significant losses so far this month amid ongoing concerns about an ...
GM Adding Hybrid Corvette In 2023 And All-Electric Version Soon After
Once General Motors GM already electrified the Hummer, a battery-powered Corvette couldn’t be far behind, and the automaker confirmed it ...
Twitter Stock Jumps Over 5% After Company Accepts Elon Musk’s Buyout Offer
ToplineShares of Twitter added to recent gains and jumped more than 5% on Monday after the social media company formally ...
Dow Drops 350 Points, Yields Surge After Powell Signals Bigger Rate Hikes Starting In May
ToplineThe stock market reversed gains and moved lower on Thursday following comments from Federal Reserve Chair Jerome Powell, who signaled ...
Tesla Quarterly Profit Soars To $3.3 Billion As Supply Chain, Covid Woes Cloud Outlook
Share to FacebookShare to TwitterShare to LinkedinTesla Inc., the world’s leading producer of electric vehicles, reported its most profitable quarter ...
Germany Stopping All Russian Oil Imports By End Of 2022, Foreign Minister Says
ToplineGermany will stop importing Russian oil and will gradually halt natural gas imports, German Foreign Minister Annalena Baerbock said Wednesday, ...
IMF Sounds Alarm On ‘Significant Slowdown’ As Ukraine War And Inflation Slam Global Economies
ToplineThe International Monetary Fund warned on Tuesday that global economic growth will be “severely set back” by the fallout from ...
Plug Power Snags Walmart Fuel Deal As Green Hydrogen Revs Up Amid Oil Price Spike
Share to FacebookShare to TwitterShare to LinkedinThere’s been a flurry of plans from big manufacturers and startups to build next-generation ...
Stocks Fall, Rates Climb Ahead Of Big Earnings Week That Includes Netflix And Tesla
ToplineThe stock market moved lower on Monday—extending a recent losing streak—while rates surged ahead of a big week of quarterly ...
Recession Calls Grow As Inflation Threatens Corporate Earnings And Rising Costs Hit Consumers
ToplineDespite a decent start for earnings season, Wall Street experts are increasingly warning that corporate profits are likely to take ...
Some Analysts Downgrade Twitter Stock Amid ‘Full Blown Elon Circus’
ToplineAs speculation continues to swirl around Elon Musk’s $43 billion offer to buy Twitter, more Wall Street analysts are downgrading ...
Musk Says He Has ‘Sufficient Funding’ To Buy Twitter, Claims He Has ‘Plan B’ If Offer Is Rejected
ToplineTesla’s billionaire CEO Elon Musk, who submitted a $43 billion bid to buy Twitter on Thursday, said later in the ...
Distraction Or Hostile Takeover? Here’s What Analysts Say About Elon Musk’s Offer To Buy Twitter
ToplineShares of Twitter were largely flat on Thursday after Tesla’s billionaire CEO, Elon Musk, offered to buy the company and ...
JPMorgan Boosts Credit Reserves As Profits Tank, Jamie Dimon Warns About ‘Significant Challenges Ahead’
ToplineShares of JPMorgan Chase, the biggest U.S. bank by assets, fell on Wednesday after the firm reported earnings which showed ...
Experts Believe Inflation May Have ‘Peaked,’ But Prices Will Remain Elevated This Year
ToplineDespite consumer prices hitting a new four-decade high last month, the latest data show several signs that prices may be ...
Markets Are Ignoring 8.5% Inflation Spike And Watching This Number Instead
ToplineThe stock market moved higher on Tuesday, even after consumer prices spiked 8.5% in the 12 months ending in March, ...
Dow Falls 400 Points As 10-Year Treasury Yield Hits Highest Level Since January 2019
ToplineStocks fell on Monday as government bond yields surged—with the 10-year Treasury jumping above 2.7%, its highest level since January ...
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