Wall Street-correlated stock markets are facing the risk of correction, as Christopher Wood, the global head of equity strategy at Jefferies, conveys to investors in his latest edition of GREED & fear. Rising crude oil prices, which are nearing $100 a barrel (Brent), pose a threat to the global central […]

The federal minimum wage has been $7.25 since 2009. Some states have a rate well over $14 an hour, but others use the federal figure as their number. California has just passed a law raising that to $20 for fast-food workers. It will start in April of next year. (These […]

With the COVID-19 pandemic well into the rearview mirror, drivers across the globe have brought driving levels back up to pre-2020 levels. This return to normalcy presents a substantial problem for many major cities worldwide, as they wrestle with severe traffic gridlock. To determine the cities with the worst traffic […]

Police in Las Vegas have arrested a man in connection with the 1996 killing of fabled rapper Tupac Shakur, according to the Associated Press. Citing two officials with firsthand knowledge of the case, the news org said Duane “Keefe D” Davis, who long has been tied to the Shakur shooting, […]

President Joe Biden has announced a new package of military assistance that includes significant air defense capabilities to help Ukraine protect its people from Russia’s continued aerial attacks. The $325 million arms package was announced just after Russia launched another wave of airstrikes against five cities in Ukraine that hit […]

Japan’s central bank left its massive monetary policy stimulus unchanged on Friday and policymakers remained dovish even as inflation continued to remain above the target and all major central banks are close to the end of their tightening cycle. At the end of the two-day meeting on Friday, the policy […]

The power of Taylor Swift compels you. And it’s also working its ways on producer Jason Blum, who is casting out his The Exorcist: Believer to an earlier release date to avoid a clash with Swift’s concert film. Originally, Blum planned a mid-October release for his film. It’s the ideal […]

Angelina Jolie doesn’t want to get into specifics on the “why” of her somewhat sporadic acting output. But in an interview with Vogue to promote her Atelier Jolie fashion line, she alluded to being “a bit down these days. I don’t feel like I’ve been myself for a decade, in […]

Stocks moved notably lower early in the session on Thursday and continued to see significant weakness in afternoon trading. The major averages are extending the sell-off seen late in the previous session, with the Nasdaq and the S&P 500 falling to their lowest intraday levels in a month. Currently, the […]

In the old days, Apple Inc. (NASDAQ: AAPL) would say how many iPhones it sold in the days after the launch of a new generation. The announcements went on for days and sometimes weeks. They became the primary driver of the stock price during those periods. (These are the biggest […]