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Stock futures rise after Dow falls for 8th-straight week in relentless sell-off
Traders on the NYSE, May 20, 2022.Source: NYSEStock futures rose in overnight trading Sunday after the Dow Jones Industrial Average fell for its 8th straight week amid a broader market sell-off.Futures on the Dow industrial average gained…
HSBC suspends banker over climate change comments
HSBC has suspended a senior executive pending an internal investigation into a presentation he made at an event last week, according to people with knowledge of the process.Stuart Kirk, who is global head of responsible investing at…
Average US gasoline price jumps 33 cents to $4.71 per gallon
CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline spiked 33 cents over the past two weeks to $4.71 per gallon.Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the price jump comes amid higher…
Abbott CEO apologizes for the formula shortage as the first overseas shipment arrives
Empty baby formula shelves at a grocery store in Massachusetts on Friday.…
Hyundai Motor Group to invest more than $10 billion in U.S. up to 2025
SEOUL, May 22 (Reuters) - Hyundai Motor Group said on Sunday it would invest an additional $5 billion in the United States by 2025 to strengthen collaboration with U.S. firms in advanced technology.The investments, announced during a visit…
Elon Musk suggests slashing Twitter offer based on number of bots
Tesla CEO Elon Musk said that when it comes to President Biden, "the real president is the teleprompter." He made the remarks on a video episode of The All-In Podcast. Elon Musk suggested Saturday that his agreement to purchase Twitter…
What if the Fed can’t tame inflation? | CNN Business
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Celebrity-endorsed NFTs leave some investors ‘financially crippled’
When Floyd Mayweather started touting an obscure NFT project on Twitter this year, Tyler jumped at the investment opportunity.Mayweather, a boxing legend, had already served as Tyler’s “biggest inspiration” in his martial arts training. But…
Terra Luna’s Founder, Do Kwon, Speaks Out About UST and LUNA – The VR Soldier
After two days of silence, Do Kwon, the founder of Terra Luna, took to Twitter to respond to various questions and accusations from the community, discussing multiple issues regarding his proposal to fork the Luna network and…
Real estate experts see slowdown in Bay Area housing market
Real estate experts see slowdown in Bay Area housing market KPIX CBS SF Bay AreaBay Area home sales down 17%, report says KRON4More Supply Met With Less Demand in Bay Area Housing Market NBC Bay AreaIs California's housing market finally…