Wall Street Rallies, Snaps Longest Weekly Losing Streak In Decades
By Stephen Culp NEW YORK (Reuters) – Wall Street closed sharply higher on Friday as signs of peaking inflation and…
May 27, 2022
Stock Rally Fanned By Hopes Of Fed ‘past Peak Hawkishness’
By David Randall NEW YORK (Reuters) -Bad news may once again be good news on Wall Street, as signs of…
Amazon Investor Proposal To Review Plastic Use Narrowly Fails To Clear
(Reuters) – Amazon.com Inc’s investor-led proposal to review its use of plastic won 49% support even as shareholders voted down…
U.S. Buys More Stingers After Missiles’ Success In Ukraine
By Mike Stone WASHINGTON (Reuters) -The U.S. Army said on Friday it has awarded a contract worth $625 million to…
Robinhood Agrees To Settle Customer Lawsuit Over 2020 Outages
By Jody Godoy (Reuters) – Robinhood Markets Inc has agreed in principle to settle a proposed class action filed by…
California, New Zealand announce climate change partnership
SAN FRANCISCO (AP) — Top officials from California and New Zealand signed a pledge Friday agreeing to help fight climate…
Timeline: U.S. SEC Looking Into Musk’s Twitter Stake Purchase
(Reuters) – The U.S. Securities and Exchange Commission (SEC) is looking into Tesla CEO Elon Musk’s disclosure of his stake…
Fed Carrying $330 Billion In Unrealized Losses On Its Assets According To Q1 Financial Statement
WASHINGTON (Reuters) – The U.S. Federal Reserve is carrying $330 billion in unrealized losses on its holdings of U.S. Treasury…
Tribal request to halt Arizona copper mine work is denied
TUCSON, Ariz. (AP) — A federal judge has rejected a request by Native American tribes to stop Toronto-based Hudbay Minerals…
U.S. Extends Tariff Exclusions On Chinese COVID-19 Medical Products
WASHINGTON (Reuters) – The U.S. Trade Representative’s office on Friday said it extended tariff exclusions on Chinese-made medical products needed…