money Fed caps dividends, bans buybacks by big banks
Yahoo Finance’s Alexis Christoforous, Brian Sozzi, and Brian Cheung discuss the Federal Reserve’s stress test results.
Yahoo Finance’s Alexis Christoforous, Brian Sozzi, and Brian Cheung discuss the Federal Reserve’s stress test results.
Oil prices rallied and equities sank Friday as reports said explosions had been heard in Iran and Syria, fuelling fears of an escalation of the Middle East crisis after last weekend's missile attack on Israel by Tehran."It is now clear that the escalating shadow warfare between Israel and Iran... has finally ignited the powder keg in the Middle East, and we have moved decisively out of the shadows and into the glaring light of open conflict," said Stephen Innes of SPI Asset Management.
Iran's state media reported explosions in central Isfahan Friday, as US media quoted officials saying Israel had carried out retaliatory strikes on its arch-rival.ABC and CBS News reported the strikes had been carried out by Israel, quoting US officials.
The former president perked up at certain remarks by members of the jury pool, while at other times he appeared ambivalent and staring straight ahead.
Linda Thomas-Greenfield said Washington and its allies were looking at multiple options both inside and outside the UN to replace a panel of experts that has over the past 15 years monitored the implementation of sanctions aimed at curbing North Korea's nuclear and missile programs.
At least 30 people were detained by New York Police Department officers, CNN witnessed, as police entered Columbia University on Thursday to disperse a pro-Palestinian protest that began a day earlier as the university’s president testified before a House committee about the school’s response to antisemitism.
Popular fruits and vegetables have traces of pesticides that could be harmful to health, Consumer Reports warns. The list includes blueberries and bell peppers.
Qatar's warning that it was reassessing its role as a mediator between Israel and Hamas has raised concerns about the prospects for a ceasefire and the return of hostages.- What prompted Qatar's warning?
Israel had promised to respond to an Iranian barrage of more than 300 drones and missiles fired over the weekend.
A Polish man has been charged with assisting Russia in an alleged plot to assassinate Ukraine’s President Volodymyr Zelensky, according to authorities in Poland and Ukraine.
South Korea's government is expected to announce on Friday it is willing to adjust plans to raise medical school admissions in a bid to end a walkout by junior doctors and in the wake of the ruling party's crushing election defeat, media reports said. The country's healthcare system is under pressure due to a prolonged stalemate between the government and doctors over plans to boost medical school admissions by 2,000 from 3,000 starting in 2025. On Thursday, some medical school deans suggested scaling back the increase by up to half and allowing universities flexibility to determine their quotas, as a potential way to reach a compromise.
India began voting Friday in a six-week election with an all but assured victory for Hindu nationalist Prime Minister Narendra Modi, as a weakened opposition is pushed to the sidelines."I urge all those voting... to exercise their franchise in record numbers," he wrote in a social media post on X as the election began.
After seven years of investigations, crew members from migrant rescue ships accused by Italy of helping human traffickers in the Mediterranean hope to finally clear their names Friday.They were accused of coordinating their search-and-rescue actions with human traffickers off Libya, returning dinghies and boats to them to be reused, and of rescuing migrants in the Mediterranean whose lives were not in danger.
A Maryland high school student was arrested and charged with threat of mass violence after police say they discovered evidence revealing the teen had plans to commit a school shooting, authorities said Thursday.
San Francisco restaurant owner Eiad Eltawil says he's on a 30-day hunger strike to protest a new bike lane he says is putting people out of business.
Jury selection in Donald Trump’s hush money business fraud case began Thursday looking like the task of finding 12 jurors had run aground.
Police arrested more than 100 pro-Palestinian student protesters at New York's Columbia University Thursday, a day after the president of the prestigious school was grilled in Congress over accusations of anti-Semitism on campus. Universities have become the focus of intense cultural debate in the United States since the October 7 Hamas attack and Israel's responding bombardment of Gaza, as many students' pro-Palestinian sentiments drew accusations of anti-Semitism.
Polls will open Friday for the first phase of India’s marathon general election, kicking off a vote in which Prime Minister Narendra Modi is seeking to win a rare third consecutive term.
Google will combine the software division responsible for Android mobile software and the Chrome browser with the hardware division known for Pixel smartphones and Fitbit wearables, the company said Thursday. In a letter to employees, Google CEO Sundar Pichai said the changes will “turbocharge the Android and Chrome ecosystems” while helping to spur innovation.
Opinion polls predict an easy win for Prime Minister Narendra Modi and his Bharatiya Janata Party (BJP),which would give him a record-equalling third straight term. Here are some of the key issues in the elections to 543seats in the Lok Sabha, the lower house of parliament, that willbe held in seven phases between April 19 and June 1, with votecounting on June 4. India's economy is expected to have grown by about 8% in thelast fiscal year ended March 31, the fastest among majorcountries.
Iran fired air defense batteries early Friday morning as explosions could be heard near a major air base near Isfahan, raising fears of a possible Israeli strike following Tehran's unprecedented drone-and-missile assault on the country. It remained unclear if the country was under attack, as no Iranian official directly acknowledged the possibility and Israel's military did not respond to a request for comment. In particular, IRNA said air defenses fired at a major air base in Isfahan, which long has been home to Iran's fleet of American-made F-14 Tomcats — purchased before the 1979 Islamic Revolution.