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Global stocks jump; dollar and yields fall after Fed rate-cut signal

1 month ago   |   By Reuters

World stock markets gained on Thursday, with the U.S. benchmark S&P 500 hitting a record high, while the 10-year U.S. Treasury yield fell below 2% as investors digested a signal from the Federal Reserve of potential U.S. interest rate cuts as soon as its next meeting.
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Fed rate-cut hints power S&P 500 to all-time high

1 month ago   |   By Reuters

A rally on Wall Street lost strength on Thursday after the S&P 500 index touched a record high, powered by the Federal Reserve's signals that it could cut interest rates as early as July to combat growing risks to global and domestic growth.
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DOJ opening antitrust probe into major tech firms: report

DOJ opening antitrust probe into major tech firms: report

The US Justice Department is opening a broad antitrust review into whether dominant technology firms are unlawfully stifling competition, the Wall Street Journal reported on... Read more ...

Senate Approves Bill To Prevent Sept. 11 Victims' Fund From Running Out Of Money

Senate Approves Bill To Prevent Sept. 11 Victims' Fund From Running Out Of Money

President Trump is expected to sign the measure, ending a years-long ordeal for the victims after concerns that the fund was on the verge of running out of money. (Image... Read more ...

What happens now Boris Johnson has won the race to become Britain's next...

What happens now Boris Johnson has won the race to become Britain's next prime minister?

Boris Johnson has won the contest to become Conservative party leader and UK prime minister. He is set to officially become prime minister on Wednesday. The process of Johnson... Read more ...

Trump transition adviser Bijan Rafiekian is convicted

Trump transition adviser Bijan Rafiekian is convicted

A federal jury on Tuesday convicted Bijan Rafiekian, a former business partner of Michael Flynn, on a pair of foreign-agent felony charges stemming from work the two men did... Read more ...

A US warship may have actually taken out more than one Iranian drone that...

A US warship may have actually taken out more than one Iranian drone that got too close

The head of US Central Command told CBS News that the USS Boxer may have actually downed two Iranian drones last week, not just one, as was initially reported. The amphibious... Read more ...

UPS just formed its own drone operation company - and it's another edge...

UPS just formed its own drone operation company - and it's another edge against Amazon, FedEx, and Uber in the quest for unmanned deliveries

UPS on Tuesday announced its new drone subsidiary business, UPS Flight Forward Inc., has applied for Part 135 certification. That certification would allow UPS to operate drone... Read more ...

Boris Johnson once said Trump's comments about Muslim immigration showed...

Boris Johnson once said Trump's comments about Muslim immigration showed 'stupefying ignorance' and called him 'unfit' for office

On Tuesday morning, President Donald Trump congratulated Boris Johnson on his election as the leader of Britain's conservative party and the United Kingdom's next prime... Read more ...

FTC reportedly blasts Facebook for misleading users but didn't depose...

FTC reportedly blasts Facebook for misleading users but didn't depose Zuckerberg in record-breaking $5 billion settlement

Facebook CEO Mark Zuckerberg was not deposed as part of the FTC investigation into alleged privacy violations, according to a report in The Washington Post on Tuesday. The... Read more ...

A college student fell to his death at the Cliffs of Moher while taking...

A college student fell to his death at the Cliffs of Moher while taking selfies, a coroner said

Trinity College student Anand Goel, 26, died in January after falling from the Cliffs of Moher in western Ireland. At an inquest on Monday, the County Clare coroner determined... Read more ...

'He will be great': Trump congratulates Boris Johnson on winning the race to...

'He will be great': Trump congratulates Boris Johnson on winning the race to become prime minister

Donald Trump congratulates Boris Johnson after the former UK foreign Secretary wins the race to become prime minister. Trump tweeted that Johnson "will be great." The two men... Read more ...