Wall Street Suffers Biggest Weekly Loss Since January After Hot CPI Data
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks posted their biggest weekly percentage declines since January and ended sharply…
U.S. SEC Investigating Goldman Sachs Over ESG Funds – WSJ
(Reuters) – The U.S. Securities and Exchange Commission is looking into Goldman Sachs Group Inc’s asset-management division over its funds…
Dashed Peak Inflation Hopes Spell More Pain For Stocks And Bonds
By David Randall and Davide Barbuscia NEW YORK (Reuters) -Blistering inflation is threatening to reignite twin declines in U.S. stocks…
Soaring Inflation Fuels Bets On Sharper Fed Rate Hikes
By Ann Saphir and Lindsay Dunsmuir (Reuters) -Stubbornly hot U.S. inflation is fueling bets that the Federal Reserve will get…
Cosmetics Maker Revlon Nears Bankruptcy Filing – WSJ
(Reuters) – Cosmetics maker Revlon Inc is preparing to file for chapter 11 protection as soon as next week, the…
Oil Falls As U.S. Inflation Data Surges; China Imposes Lockdowns
By Stephanie Kelly NEW YORK (Reuters) – Oil prices fell on Friday, after U.S. consumer prices rose more than expected…
Activision Blizzard Recognizes New ‘Call Of Duty’ Workers Union
NEW YORK (Reuters) – Activision Blizzard Inc on Friday recognized the Communications Workers of America and began negotiations on behalf…
Facing Record Inflation, Biden Aims At Oil Companies
By Jarrett Renshaw WASHINGTON (Reuters) -U.S. President Joe Biden on Friday said he was working with U.S. oil companies to…
US lifts COVID-19 test requirement for international travel
WASHINGTON (AP) — The Biden administration is lifting its requirement that international travelers test negative for COVID-19 within a day…
Messaging App Telegram To Launch Paid Subscription Plan
(Reuters) – Messaging app Telegram will launch a paid subscription plan for its users this month, founder Pavel Durov said…