Take a look at some of the biggest movers in the premarket: Hilton Worldwide (HLT) – The hotel operator reported a quarterly loss of 10 cents per share, surprising analysts who had expected a profit of 4 cents per share. Revenue also fell short of estimates. The loss came as […]
FAN Editor
Retail sales expected to be strong in January, helped by stimulus checks
A woman carries Nike shopping bags at the Citadel Outlet mall, as the global outbreak of the coronavirus disease (COVID-19) continues, in Commerce, California, December 3, 2020. Lucy Nicholson | Reuters Aided by government stimulus checks, consumers are expected to have boosted their spending in January, and the trend is […]
Holiday COVID-19 surge to blame for rising MIS-C cases in some US cities
In recent weeks, hospitals in Washington, D.C., Los Angeles, Colorado, Nebraska and New Jersey have reported an increase in cases of MIS-C cases, a rare inflammatory condition found in children. The apparent uptick in MIS-C cases coincides with a decrease in COVID-19 cases nationwide, in the wake of a post-holiday […]
Mortgage demand falls further as rates rise at the fastest pace in months
A real estate agent exits a home for sale in Lancaster, Ohio. Ty Wright | Bloomberg | Getty Images Another week of rising rates spurred homeowners and buyers to pull back from the mortgage market, and the trend is not expected to turn any time soon. Total mortgage application volume […]
After racial unrest across US, Congress takes another look at reparations
After the Civil War, formerly enslaved families were promised by Union leadership 40 acres and a mule. The offer was never fulfilled, yet a reminder to the centuries-old promise that has remained in Congress for decades is H.R. 40, the “Commission to Study and Develop Reparation Proposals for African Americans […]
Bitcoin smashes through $51,000 to hit a new all-time high
Igor Golovniov | LightRocket | Getty Images Bitcoin continued to climb Wednesday, surging above the $51,000 level for the first time. The red-hot cryptocurrency hit a fresh record price of $51,715 at around 4:50 a.m. ET, according to data from Coin Metrics. It was last trading over 5% higher at […]
As Russia and China seek to boost their global influence, analysts warn vaccine diplomacy is here to stay
Workers unload the cargo of a Hungarian Airbus 330 plane, having transported the first doses of the Chinese Sinopharm vaccine against the coronavirus (Covid-19), at Budapest Ferenc Liszt International Airport on February 16, 2021. ZOLTAN MATHE | AFP | Getty Images LONDON — International diplomacy is likely to determine who […]
Stock futures flat after Dow closes at record high
U.S. stock index futures fluctuated in early morning trading on Wednesday after the Dow closed at a record high. Futures contracts tied to the Dow Jones Industrial Average and S&P 500 were roughly flat by around 6 a.m. ET, while Nasdaq 100 futures traded fractionally lower. The muted trade comes […]
The women who fought against ISIS — an experiment in women’s equality
In this podcast episode of Intelligence Matters, host Michael Morell welcomes Gayle Tzemach Lemmon to discuss her new book The Daughters of Kobani. She tells the story of the Women’s Protection Unit (YPJ) and its fight against ISIS alongside American forces. It is, Lemmon says, the most far-reaching experiment in women’s […]
In Michigan prison, 90 of 95 COVID tests detect U.K. variant
Ionia, Michigan — Michigan officials said Tuesday at least 90 cases of the highly contagious COVID-19 variant first identified in the United Kingdom have been confirmed in a prison here. The Department of Health and Human Services officials said only five of the 95 tests administered didn’t yield positive results. […]