Several Eknath Shindes in TRS: Telangana BJP chief hits out at KCR
Telangana BJP state president and MP from Karimnagar, Bandi Sanjay took a dig at Chief Minister K…
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Nancy Pelosi goes on lavish Italian vacation as inflation back home hits 40-year high
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House Speaker Nancy Pelosi spent time during the two-week July Fourth congressional recess at a ritzy resort in Italy owned by a renowned Italian opera tenor, while Americans faced the…
Rogers network resuming after major outage hits millions of Canadians
Rogers dominates Canada's telecom sectorBanking services down, transport disruptedOutage renews criticism over telecom sector competitionTORONTO/OTTAWA, July 8 (Reuters) - Rogers Telecommunications said its network was beginning to…
UK inflation hits new 40-year high of 9.1% as food and energy price surge persists
More than four in five people in the U.K. are worried about rising living costs and their ability to afford basics necessities like food and energy over the coming months, according to a new survey.Tolga Akmen | Afp | Getty ImagesLONDON…
Trump Hits Back at Daughter’s Account That She Accepted His Election Loss
Follow live updates on the House committee hearing on the Jan. 6 attack on the Capitol.WASHINGTON — Former President Donald J. Trump, long known for distancing himself from or tossing aside staff members who contradicted him while he was…
Inflation hits 40-year high as CPI rises 8.6% in May
U.S. consumer prices accelerated in May to the highest since 1981, as Americans grapple with a surge in the cost of gas, food, and shelter, data showed Friday.The Bureau of Labor Statistics' May Consumer Price Index (CPI) showed a…
Even if oil hits $150 a barrel, J.P. Morgan’s Marko Kolanovic predicts stocks will
J.P. Morgan's Marko Kolanovic predicts oil is surging higher — but so are stocks.Kolanovic, who serves as the firm's chief global markets strategist and co-head of global research, believes the U.S. economy is strong enough to handle oil…
Stocks slip as Microsoft warns, ADP jobs falls short, gas hits record: LIVE UPDATES
Breaking NewsMicrosoft lowers revenue guidanceMicrosoft, ahead of the opening bell, lowered its revenue guidance for the 4Q.
"On June 2, 2022, Microsoft Corporation updated our guidance for the quarter ending June 30, 2022 due to…
Demand Destruction Hits Gasoline (But Only a Little) as Prices Spike in Historic Leap
I see gasoline prices rising further despite this modest short-term & long-term demand destruction.
By Wolf Richter for WOLF STREET.
The price mayhem going on at the pump is now leading to some demand destruction. We’ve been…
Wall Street Hits the Croisette: Why Private Equity Investors Are Bullish on Indie Film
Wall Street appears to have gone Hollywood. Private equity, or PE, firms are pumping money into the entertainment content, financing independent production and snatching up companies at a level never seen before in the indie…