Biden's Bear Market
The S&P 500 has lost $2 trillion worth of market capitalization in 2022.
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World Bank Cuts Global Growth Forecast To 2.5%
The World Bank cautioned that global growth could slow dramatically to as little as 1.3% if the conflict triggers broader financial market disruptions or prolonged supply-chain pressures.
U.S. Jobless Claims Rise Slightly But Remain Historically Low
The Labor Department reported that initial jobless claims rose by 4,000 to 229,000, slightly above economists’ expectations.
Iran Oil Shock Pushes US Business Costs Higher
The Producer Price Index, a key measure of business input costs, rose 1.1% during the month. The annual rate climbed to 6.5%, marking its highest level in more than three years
Inflation Jumps To A Three-Year High On The Energy Shock
May prices rose 4.2 percent from a year earlier, almost entirely on fuel, leaving the Fed boxed in before next week's meeting.
Latest
U.S. Scientists Confirm Start Of El Niño Climate Pattern
Current measurements show sea surface temperatures averaging about 0.7 degrees Celsius above normal, indicating that a weak El Niño is already underway.
Storms Knock Out Power Across Midwest, Snarl Chicago Air Travel
The powerful system brought strong winds, heavy rain, and the threat of tornadoes to parts of Illinois, Iowa, Missouri, and Kansas.
SpaceX Plans Orbital AI Computing Test Satellite By Next Year
The proposed AI-1 satellite would serve as an early demonstration of Musk’s idea to deploy large-scale computing resources beyond Earth.
What Is The ‘8647’ Message Found On The National Mall
The marking was spotted Thursday near the World War II Memorial by a Reuters photographer observing the area from the Washington Monument.