U.S. goes after more Russian yachts linked to Putin in expanded sanctions
The Treasury Department expanded sanctions to crack down on Moscow’s access to yachts as the U.S. punishes Russian President Vladimir Putin.
Amazon to shut down Kindle store in China
The company follows other U.S. tech giants who have recently pulled back in the country, including Microsoft’s LinkedIn and Airbnb.
Ford to add over 6,000 U.S. jobs as it boosts electric vehicle production and prepares for a new Mustang
Ford will add 6,200 union jobs and promote another 3,000 temps to full-time status as it prepares to build more EVs and all-new versions of Mustang and Ranger.
These are Wall Street’s favorite Dow stocks as it attempts to rebound
The Dow finally snapped an eight-week losing streak. Here are the stocks Wall Street thinks can rebound.
Fed Vice Chair Lael Brainard says it’s hard to see the case for the Fed pausing rate hikes
Fed Vice Chair Lael Brainard said it’s unlikely the central bank will be taking a break from its current rate-hiking cycle anytime soon.
Angela Merkel breaks silence on Ukraine, calls Russia’s war ‘barbaric’
Merkel has come under heavy scrutiny in the last few months for her history of friendly relations with Russian President Vladimir Putin.
Microsoft lowers fourth-quarter guidance, citing unfavorable foreign exchange rates
In an investor slide deck, Microsoft said it lowered its revenue guidance as a result of unfavorable foreign exchange rate movement.
Tiger Global drops 14% in May during the tech sell-off, pushing hedge fund’s 2022 losses to over 50%
Chase Coleman’s Tiger Global Management suffered huge losses in May amid a tech-driven sell-off.
The market wants a soft landing for the economy. Why it may not get it
What does the stock market want? Two things: an easing of supply chain issues and a soft landing for the U.S. and global economy.
Here are Thursday’s biggest analyst calls: Netflix, Snap, Tesla, Home Depot, GameStop, Twilio & more
Here are the biggest calls on Wall Street on