Tag: Marketwatch
Oil futures fell sharply on Monday, with U.S. prices settling at their lowest in more than a week. The price decline was “dominated” by Chinese lockdowns, said Manish Raj, chief financial officer at Velandera Energy Partners, which may lead to lower demand for energy. West Texas Intermediate crude for May delivery CLK22, -0.86% declined by […]
U.S. stocks finished higher Monday, with the S&P 500 index and Dow industrials both booking a third straight session of gains as investors monitored potentially positive developments ahead of Russia and Ukraine talks in Turkey on Tuesday. The Financial Times reported on Monday that Russia no longer will demand that Ukraine be “denazified,” a claim […]
President Joe Biden on Monday defended his remarks on Saturday about Russian President Vladimir Putin, as reporters pressed him on the topic. “I was expressing the moral outrage I felt towards this man. I wasn’t articulating a policy change,” Biden told reporters on Monday. Capping a four-day trip to Europe Saturday, Biden said of Putin […]
The House committee investigating the U.S. Capitol insurrection of Jan. 6, 2021, plans to seek an interview with Ginni Thomas, according to a Washington Post report on Monday citing an unnamed source. Virginia Thomas, the wife of Supreme Court Justice Clarence Thomas, drew attention last week as reports said she repeatedly urged former President Donald […]
The U.S. House of Representatives is likely to pass the Marijuana Opportunity Reinvestment and Expungement Act (MORE Act) by a slim margin when it comes up for a vote as early as Friday but the measure will not likely pass the Senate, Beacon Policy Advisors LLC analyst Andrew Lokay said in a note on Monday. […]
TPG Inc. TPG, -0.33% said Monday its fourth-quarter pro forma GAAP earnings rose to $76.15 million, or 25 cents a share, from $74.4 million, or 24 cents a share, in the year-ago quarter. Analysts expected TPG to earn 41 cents a share, according to a FactSet survey. Total fourth-quarter revenue fell to $1.08 billion from […]
Shares of GameStop Corp. GME, +6.71% sank 5.8% in morning trading Thursday, putting them on track to snap the longest win streak in more than 18 months. The videogame and consumer electronics retailer’s stock had skyrocketed 80.5% over the past seven sessions to closed Wednesday at the highest price since Jan. 4, including a 49.7% […]
KFC has partnered with Kentucky native and Grammy-nominated rapper Jack Harlow for a menu option called “Jack Harlow’s Kentucky Fried Favorites,” which launches on Thursday. Among Harlow’s “favorites” are the Spicy KFC Chicken Sandwich, macaroni & cheese and biscuits. The option is available to customers placing digital orders on the chicken chain’s app or website. […]
The peso rose versus the U.S. dollar Thursday after news reports said Mexican President Andres Manuel Lopez Obrador announced that monetary policy makers had voted to raise a key interest rate by half a percentage point to 6.5% hours before the announcement was due from the Bank of Mexico. “Yesterday here in Mexico, the Bank […]
ABB Ltd. ABLZF, -6.54% ABBN, -0.97% said Thursday it plans to kick off stock repurchase program of up to $3 billion, starting in April. The Switzerland-based electrification and automation company said the new program would follow the completion of its previous program, in which $3.1 billion worth of stock, or about 4.2% of the shares […]