Search and rescue crews in the north Atlantic on Wednesday were redirecting a critical part of their efforts to find a missing submersible and the five people on board after underwater sounds were identified by a Canadian submarine-hunting aircraft.The US Coast Guard’s north-east region wrote on Twitter just after midnight…

Conway reacts to GOP response to Hunter Biden plea deal Conservative lawyer George Conway addresses the GOP’s reaction to Hunter Biden’s plea deal. The president’s son will plead guilty to two tax misdemeanors, the Justice Department said in court filings. He also struck a deal with federal prosecutors to resolve…

Oil futures ended lower Tuesday, failing to hold modest, early gains scored after China delivered an interest-rate cut amid concerns over the demand picture from the world’s second-largest crude importer. U.S. traders were returning from a three-day weekend after markets were closed Monday for the Junteenth holiday. Price action West…

Hello! For this week’s ETF Wrap, I spoke with Franklin Templeton’s Wylie Tollette on the Federal Reserve’s interest-rate decision and caught up with State Street’s Michael Arone on his midyear ETF market outlook.Please send feedback and tips to [email protected] or [email protected]. You can also follow me on Twitter at @cidzelis and find…

In the days and weeks after six Republican-led states filed a lawsuit challenging the Biden administration’s debt-cancellation plan, workers at the student-loan servicer at the center of the case that will soon be decided by the Supreme Court expressed confusion about the extent of their employer’s involvement. That’s one takeaway from…

That’s the practice by many S&P 500 food and consumer companies of raising prices to protect what a new report calls their “cushioned corporate profits,” and it has enabled them to boost margins through the current inflationary period. Companies including Kimberly-Clark Corp. KMB, -0.94%, PepsiCo Inc. PEP, -0.39%, General Mills…

© Pavlo Gonchar / SOPA Images/Sipa via Reuters Connect The Federal Reserve has finally paused its aggressive campaign to raise interest rates after 10 straight hikes since March of last year. Still, it anticipates two more bumps before the year is out, so we’ll be in a high-interest-rate environment for…

(Bloomberg) — Global oil demand growth will taper off over the next few years as high prices and Russia’s invasion of Ukraine speed up the transition away from fossil fuels, the International Energy Agency said.  Consumption in 2024 will grow at half the rate seen in the prior two years,…

By Karen Brettell NEW YORK (Reuters) – The dollar fell on Thursday after data showed that U.S. jobless claims rose more than expected in the latest week, though the market was generally viewed as consolidating ahead of key inflation data and the Federal Reserve’s interest rate decision next week. The…

FRANKFURT (Reuters) – European Central Bank policymakers began this week a debate on evening out the “corridor” between the ECB’s three interest rates, in a first step towards an era in which money is scarcer, five sources told Reuters. The change, which was parked for now and is also unlikely…