Traders on the floor of the NYSE, March 24, 2022. Source: NYSE Stocks rallied Thursday, clawing back some of their losses from the previous session, as falling jobless claims added to confidence in the U.S. economic recovery. Shares that have the most to gain from a rebounding economy, including chip […]
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Nvidia, Intel lead rally in semiconductor stocks as optimism on economy boosts riskier assets
Pat Gelsinger, CEO, of Intel Corporation, holds a semiconductor chip while testifying during the Senate Commerce, Science, and Transportation hearing titled Developing Next Generation Technology for Innovation, in Russell Senate Office Building on Wednesday, March 23, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Images Semiconductor stocks rose on […]
Gasoline prices are hitting $6 in some parts of the country and summer driving season isn’t here yet
Gas prices hit over $6 dollars per gallon at a petrol station in Los Angeles, California on February 23, 2022. Frederic J. Brown | AFP | Getty Images Gasoline prices have been fluctuating but are likely to keep moving sporadically higher, and more drivers could pay over $5 and even […]
EU leaders send a message to China: Use your leverage to stop Putin
Italy’s Prime Minister Mario Draghi speaking to journalists in Brussels. Aris Oikonomou | Afp | Getty Images BRUSSELS, Belgium — EU leaders had one message for Beijing as they gathered in Brussels to discuss new sanctions against Russia: stop President Vladimir Putin. Chinese authorities have so far refused to fully […]
Almost 645,000 people still hadn’t gotten their third stimulus checks by last fall, Treasury says
Irinascreativephoto | E+ | Getty Images Almost 645,000 people who were eligible for the third round of stimulus checks hadn’t gotten their payments as of mid-September, according to a U.S. Department of the Treasury report published Thursday. The American Rescue Plan authorized the federal government to send up to $1,400 […]
Southwest Airlines launches a new, second-cheapest fare
A Southwest Airlines Boeing 737 passenger jet takes off from San Antonio International Airport in Texas. Robert Alexander | Archive Photos | Getty Images Southwest Airlines on Thursday unveiled its new fare class: a second-cheapest option it hopes will reel in customers willing to pay up for more flexibility. The […]
Biden says U.S. would ‘respond’ to Russia if Putin uses chemical or biological weapons
President Joe Biden said Thursday NATO would respond “in kind” if Russia uses weapons of mass destruction in Ukraine. “We will respond if he uses it,” Biden said, referring to Russian President Vladimir Putin. “The nature of the response depends on the nature of the use.” Biden also said he […]
Apple is reportedly preparing an iPhone subscription service that could launch this year
An employee arranges Apple iPhones as customer shop at the Apple Store on 5th Avenue shortly after new products went on sale in Manhattan, in New York City, March 18, 2022. Mike Segar | Reuters Apple is preparing a hardware subscription service for iPhones that could launch as soon as […]
Stocks jump Thursday as traders bet on U.S. economic recovery
Traders on the floor of the NYSE, March 24, 2022. Source: NYSE Stocks rallied Thursday, clawing back some of their losses from the previous session, as falling jobless claims added to confidence in the U.S. economic recovery. Shares that have the most to gain from a rebounding economy, including chip […]
NATO boosts defenses in Europe, says it faces ‘gravest threat’ to its security in decades
Britain’s Prime Minister Boris Johnson, US President Joe Biden, NATO Secretary General Jens Stoltenberg with the leaders of the US-led military alliance pose for a family photo at NATO Headquarters in Brussels on March 24, 2022. John Thys | Afp | Getty Images NATO has agreed to strengthen its defenses […]