Joe Cecala, Founder & CEO of the Dream Exchange, joined Yahoo Finance's Kristin Myers, Sibile Marcellus, and Jen Rogers to discuss the creation of the first ever minority owned stock exchange and how it's looking to make equity markets more inclusive.
Germany said Monday it recalled its ambassador to Russia for a week of consultations in Berlin following an alleged hacker attack on Chancellor Olaf Scholz’s party. Germany last week accused Russian military agents of hacking into the top echelons of Scholz's Social Democrats’ party and other sensitive government and industrial targets. Berlin has joined NATO and fellow European countries in warning that Russia’s cyberespionage would have consequences.
A Chinese fighter jet endangered those aboard an Australian military helicopter during an "unsafe" and "unacceptable" confrontation over the Yellow Sea last week, Australia said on Monday. The incident occurred on Saturday, when a Chinese air force J-10 jet dropped flares above and several hundred meters ahead of an Australian MH60R Seahawk helicopter which was on a routine flight in the Yellow Sea as part of an operation to enforce sanctions against North Korea. The helicopter, flying from destroyer HMAS Hobart, took evasive action and dodged the flares, but the possible impact of being hit would have been "significant," Defence Minister Richard Marles said in a statement.
The EU said Monday it will drop action started against Poland six years ago over rule-of-law concerns that could have led Warsaw to lose its vote in the bloc's affairs.As a result, the commission said in a statement Monday, it "considers that there is no longer a clear risk of a serious breach of the rule of law in Poland within the meaning of Article 7.1 of the Treaty on European Union".
Stocks rallied at the end of last week, getting a boost from a "Goldilocks" jobs report
LONDON (Reuters) -Scottish National Party (SNP) veteran John Swinney was confirmed the party's new leader on Monday and is set to succeed Humza Yousaf as the country's first minister after he emerged as the sole contender in the leadership race for a new premier. Yousaf, who had become the first Muslim to lead a democratic western European nation in March 2023, resigned last week after his decision to end a coalition with the Green Party backfired, triggering a contest to pick his replacement. Shortly after midday on Monday, the deadline for other contenders to join the race, the SNP confirmed Swinney as the new leader, ending uncertainty around a possible weeks-long process that would have ensued if there were more candidates.
China should increase the number of intensive care unit (ICU) beds over the next few years as part of its public health measures, several state agencies recommended in a joint statement published on Monday. The world's second most populous country has gradually increased ICU beds over the years, but critics say its health system remains under-resourced and it was severely stretched after authorities abruptly ended national COVID pandemic restrictions in late 2022. China had only 4.37 ICU beds per 100,000 people in 2021, compared with 34.2 in the United States as of 2015, according to a paper by Shanghai's Fudan School of Public Health.
Defence lawyers for Bosnian Serb general Ratko Mladic, who is serving a life sentence for his role in the bloody 1992-95 war in Bosnia, are seeking his urgent release to Serbia on health grounds. Descriptions of the 82-year-old's medical condition are redacted in the court papers but he has been known to suffer cognitive impairments and was hospitalised at least twice this year. Mladic led Bosnian Serb forces during Bosnia's 1992-95 war, part of the bloody break up of Yugoslavia.
The move marks a major milestone for GBTC, which has seen $17.46 billion in withdrawals since it converted from a trust to an easily tradable ETF in January, due to the higher fees it charges compared with rivals. GBTC saw inflows of $63 million on Friday, according to investment management firm Farside Investors. But its position as the biggest spot bitcoin ETF by AUM has come under threat from BlackRock's iShares Bitcoin Trust, which manages $16.91 billion, according to its website.
Boeing Co's new Starliner astronaut capsule was poised for a Monday night launch of its long-delayed inaugural crewed test flight to the International Space Station, two years after its first voyage without humans to the orbital laboratory. The gumdrop-shaped CST-100 Starliner with two astronauts aboard was due for liftoff at 10:34 p.m. (0234 GMT on Tuesday) from NASA's Kennedy Space Center in Florida, carried atop an Atlas V rocket furnished by the Boeing-Lockheed Martin joint venture United Launch Alliance (ULA).
Lebanese official media said an Israeli strike Monday wounded three people in the country's east, with Hezbollah saying it launched "dozens of Katyusha rockets" at an Israeli base in retaliation.Lebanon's Iran-backed Hezbollah group said it launched "dozens of Katyusha rockets" targeting "the headquarters of the Golan Division... at Nafah base" in the Israeli-annexed Golan Heights.
Unused European Union funds meant for helping member states recover from the pandemic should be put towards building the defence industry, Poland's deputy prime minister and its foreign minister said on Monday. Poland is spending more on defence as a proportion of its GDP than other EU states and has called for EU members to ramp up defence spending in the wake of Russia's invasion of Ukraine. "All unused national recovery plan funds should be shifted towards defence projects," deputy prime minister and defence minister Wladyslaw Kosiniak Kamysz said during a panel at the Defence24 conference in Warsaw.
Frustrated by the seemingly endless cash flowing to Democrats, Republicans aiming to retake the Senate have rallied around candidates with plenty of their own money. The goal is to neutralize Democrats' roughly 2-to-1 financial advantage, among the few bright spots for a party defending twice as many Senate seats as Republicans this year. In Pennsylvania and Wisconsin, GOP Senate candidates are being pressed on whether they live in the state.
Boeing is finally set to launch two NASA astronauts to the International Space Station on its Starliner spacecraft, following years of delays and glitches.
Russian President Vladimir Putin has ordered nuclear weapons drills near Ukraine, Moscow said Monday, in response to "threats" from Western officials to deploy NATO troops to Ukraine.Putin has upped his nuclear rhetoric since ordering his army into Ukraine in 2022, warning in February there was a "real" risk of nuclear war.
Mozambique's ruling Frelimo party has chosen a relatively unknown regional governor, Daniel Chapo, as its new leader making him the successor to President Filipe Nyusi if the party wins this year's elections.His election as Frelimo leader follows an internal struggle between factions of the party, notably between supporters of Nyusi and those of his predecessor as president and party leader, Armando Guebuza.
It's National Nurses Week 2024. A woman who is a RN and VP of National Nurses United speaks on the state of nursing and changes that need to be made.
European and Asian stock markets rose on Monday on renewed optimism that the US Federal Reserve will cut interest rates this year.The tools outlined encompassed interest rates and the amount of cash banks must keep in reserve, Bloomberg News reported.
Palestinian civilians in the southern Gazan city of Rafah voiced despair on Monday as Israel dropped fliers urging them to evacuate for their own "safety" ahead of a "limited" military operation."For your safety, the IDF (Israeli military) tells you to evacuate immediately towards the expanded humanitarian zone of al-Mawasi," it said, with a map indicating the location to the north of Rafah.
Gazans packed their belongings on pick-up trucks, cars and donkey-drawn carts after Israel’s military issued a call for residents there to “evacuate immediately.”
(Reuters) -U.S. stock index futures edged higher on Monday, pointing to more gains on Wall Street after a jobs data-led rally in the previous session, as traders priced in a higher chance of the Federal Reserve cutting interest rates this year. Traders are currently pricing in rate cuts worth 48 basis points from the Fed by the end of 2024, with the first cut expected in September or November, according to LSEG's rate probability app. The Fed last week left interest rates unchanged and signaled it was leaning toward eventual reductions in borrowing costs, but repeated that it wants to gain "greater confidence" that inflation will continue to fall before cutting rates.
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