How major US stock indexes fared Friday, 1/26/2024
Wall Street closed its latest winning week with a mixed finish, as drops for technology stocks dragged on the market
Wall Street closed its latest winning week with a mixed finish, as drops for technology stocks dragged on the market
WASHINGTON — The Biden administration said Friday it is delaying consideration of new natural gas export terminals i n the United States, even as gas shipments to Europe and Asia have soared since Russia’s invasion of Ukraine. The decision by President Joe Biden, announced as the 2024 presidential election year kicks off, aligns the Democratic…
The estate of the comedian George Carlin sued the makers of a podcast on Thursday after they claimed to use artificial intelligence to impersonate Carlin for a comedy special. The lawsuit was filed against Will Sasso and Chad Kultgen, hosts of the podcast “Dudesy,” saying that they infringed on the estate’s copyrights by training an…
Southwest Airlines said Monday its pilots approved a new labor agreement, which will offer about a 50% pay raise over a five-year period. About 11,000 pilots affiliated with the Southwest Airlines Pilots Association had been negotiating for better pay, retirement benefits, disability insurance and a revised scheduling process after the contract ended in September 2020. About…
The Federal Reserve’s favorite inflation gauge rose just 0.2% from November to December — the lowest level in nearly three years. The latest data on the personal consumption expenditures price index — also known as “core inflation” which strips away food and energy costs — is likely to whet the appetites of Wall Street investors…
JPMorgan Chase chairman and CEO Jamie Dimon says the U.S. is speeding toward a cliff as the nation’s runaway debt continues to mount, sounding the alarm that the situation needs to be tackled before it results in a crisis. The chief executive of the nation’s largest bank issued the warning during a panel discussion at…
NICOSIA, Cyprus — Cyprus has made headway in weaning itself off Russian cash and business as it tries to clean up its image, according to official figures, while a visiting team of U.S. officials is helping the government look at cases of alleged sanctions-busting. According to figures obtained by The Associated Press on Wednesday, Russian…