Amazon founder Jeff Bezos and humanitarian chef José Andrés were jointly honored for their philanthropy at the Vatican this week. Bezos and Andrés were the first recipients of the Prophets Read more
Tag: continues
The U.S. dollar continues to soar: What that means for the stock market and investors
Amid all of 2022’s wild volatility, there’s one thing that investors can still count on: the soaring U.S. dollar. The ICE U.S. Dollar Index DXY, +0.68%, which measures the U.S. Read more
RBNZ Continues to Raise Rates Sharply to Counter Inflation Threat
By James Glynn The Reserve Bank of New Zealand raised its official cash rate by a further 50 basis points on Wednesday, citing continued inflation pressures across the economy. The Read more
Elon Musk’s legal battle with Twitter may be over, but his war with the SEC continues
Elon Musk has agreed to end his legal standoff with Twitter Inc., but that doesn’t mean his lawyers will take it easy. The Tesla Inc. TSLA, +2.90% chief executive’s decision Read more
Russia opens border draft offices as exodus continues in response to military call-ups
Russian authorities are opening more military enlistment offices near Russia’s borders in an apparent effort to intercept some of the Russian men of fighting age who are trying to flee Read more
Eurozone Economic Sentiment Continues Its Steep Decline
By Maria Martinez Economic sentiment in the eurozone deteriorated again in September, weighed by high inflation and a darkening outlook for the economy. The European Commission said Thursday that its Read more
Pound Hits Record Low as Selling Continues After U.K. Tax-Cut Plan
By Kosaku Narioka The British pound fell to a record low against the dollar in early Asian trade on Monday as selling continued after the U.K. government on Friday unveiled Read more
Pagaya stock continues volatile ride with 60% plunge amid lockup expiration
Shares of Israeli financial technology company Pagaya Technologies Ltd. were continuing their wild ride Tuesday, falling 60% as of midday in a move said to be related to a lockup Read more
Adobe stock continues its fall as Figma deal price ‘likely to lend credence to the bear case’
Adobe Inc.’s stock slide was set to continue Monday, after another analyst threw in the towel on their bullish call, in the wake of the company’s $20 billion bid to Read more
British pound below $1.14 for the first time in 37 years as the U.S dollar’s rally continues
The British pound on Friday crashed to its lowest level against the U.S. dollar since 1985 –– hitting $1.13 in the early hours of London trading. Sterling GBPUSD, -0.56% plummeted Read more