Major indexes are higher today as the UK and EU reach a new Brexit deal, and some investors sour on bonds as yields remain low. Senior Portfolio Manager at Mellon Rob Croce and Head of the Research Investment Committee at Bank of America Jared Woodard join Yahoo Finance's Alexis Christoforous, Brian Sozzi, and Scott Gamm to discuss.
Fresh data on Thursday showed further signs of sticky inflation, pushing bond yields higher and weighing on stocks.
The discovery of mass graves at two Gaza hospitals, said by Palestinian authorities to contain hundreds of bodies, have triggered calls by the U.N. rights chief and others for an international investigation. While not defined under international law, a mass grave is a burial site containing multiple bodies, the existence of which could be important in detecting possible war crimes.
Car-rental operator Hertz reported it lost another $200 million due to its EV gamble.
Celebrity Chef Jose Andres called seven aid workers killed by Israeli forces in Gaza "the best of humanity" on Thursday during a memorial service at the Washington National Cathedral that was attended by hundreds, and punctuated by grief and ongoing questions about the attack. Israeli Prime Minister Benjamin Netanyahu said Israel mistakenly killed the seven people working for Andres' charity World Central Kitchen (WCK) in an airstrike earlier this month, prompting worldwide condemnation and a demand by President Joe Biden to make it easier to get aid in to Gaza or risk a shift in U.S. support.
President Joe Biden has signed legislation that could lead to TikTok being sold or banned. Here's who might buy it — and for how much.
Paleontologists from Argentina announced the discovery of a new medium-sized herbivorous dinosaur, which was a fast runner and lived about 90 million years ago in the Late Cretaceous period in present day Patagonia. The animal, named Chakisaurus nekul, was found in the Pueblo Blanco Natural Reserve, in the southern province of Río Negro, an area rich in fossils where many mammals, turtles, and fish have been found along with other species of dinosaur. It is estimated that the largest Chakisaurus reached 2.5 or 3 meters long and was 70 centimeters high (8 to 10 feet long and 27 inches high).
The US Supreme Court heard arguments on Thursday on whether a former president is immune from criminal prosecution and appeared poised to issue a ruling that could further delay Donald Trump's trial on charges of conspiring to overturn the 2020 election.- Trial delays - By taking the case, the Supreme Court has already significantly delayed the start of Trump's election conspiracy trial.
TikTok is gearing up for a legal fight against a U.S. law that would force the social media platform to break ties with its China-based parent company, a move almost certainly backed by Chinese authorities as the bitter U.S.-China rivalry threatens the future of a wildly popular way for young people in America to connect online. Beijing has signaled TikTok should fight what it has called a “robbers” act by U.S. lawmakers “to snatch from others all the good things that they have.” Should a legal challenge fail, observers say Chinese authorities are unlikely to allow a sale, a move that could be seen as surrendering to Washington.
The company made the announcement on Thursday.
The leader of the pro-independence Scottish National Party on Thursday ended a coalition deal with the Greens, leaving him facing fresh pressure as the head of a minority government in Edinburgh."I have terminated the Bute House (coalition) Agreement with immediate effect," he said, admitting that ruling as a minority government would be "tough" but promising to work with all parties in parliament.
The Federal Communications Commission said on Thursday it is ordering the U.S. units of China Telecom, China Unicom and China Mobile to discontinue fixed or mobile broadband internet operations in the United States. The FCC said it was requiring the Chinese carriers to discontinue services within 60 days of the effective date of the net neutrality order approved on Thursday. The order also applies to Chinese telecom Pacific Networks and its wholly owned subsidiary ComNet.
The United States on Thursday announced sweeping new rules requiring coal-fired plants to eliminate nearly all their carbon emissions or commit to shutting down altogether, a keystone of President Joe Biden's agenda to confront the climate crisis.Coal plants have two more years to come into compliance, but the emissions reductions will apply to all coal plants that don't have firm commitments to retire by 2039, which is a year earlier than the draft envisaged.
Kansas' governor is blocking an attempt by Republican legislators to give the state's National Guard a “border mission" of helping Texas in its partisan fight with the Biden administration over illegal immigration. Top Republicans in the Kansas House were considering Thursday whether their chamber can muster the two-thirds majority necessary to override Democratic Gov. Laura Kelly's veto of immigration provisions in the next state budget. Kelly on Wednesday vetoed a budget provision that would have directed her administration to confer with Texas' Republican governor, Greg Abbott, and send Kansas National Guard personnel or equipment to the border.
The UK on Thursday joined the United States and Canada in announcing a fresh set of sanctions against Iran's drone and missile industries after its recent attack on Israel. The United States and Britain announced widespread sanctions on Iran last week, targeting individuals and companies involved in the Iranian drone industry.
New York's highest court on Thursday overturned disgraced Hollywood producer Harvey Weinstein's 2020 conviction on sex crime charges, a shock reversal in one of the defining cases of the #MeToo movement.Weinstein is not the first high-profile man convicted in the wake of the #MeToo movement to have his conviction overturned.
The startup joins a list of companies that have seen strong debuts recently as initial public offerings bounce back on hopes of a soft landing for the economy, where inflation falls without a recession or big job losses. The rapid adoption of cloud applications for data storage and transfer has left businesses vulnerable to malicious attacks via the internet and boosted the appeal of cybersecurity firms. Palo Alto, California-based Rubrik provides data security solutions to more than 6,100 customers including appliance maker Whirlpool, snacks and beverages giant PepsiCo and investment bank Goldman Sachs.
During arguments over Donald Trump's immunity claim, Justice Samuel Alito raised the saying that grand juries would indict a ham sandwich if asked to.
The Gateway Pundit, a far-right news site, filed for bankruptcy Wednesday, following litigation by election workers and others who faced harassment after the site made false claims that the 2020 U.S. election was stolen. Gateway Pundit founder Jim Hoft said in a statement that the bankruptcy filing was the result of "progressive liberal lawfare attacks" meant to "silence" his company. Hoft said the Gateway Pundit would continue to publish during its bankruptcy.
Only one vehicle of the 10 small SUVs tested earned a good rating.
In an unprecedented year, the core of journalism remains the same
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