Tag Archives: powers

Stock Bull Run Powers Ahead as US Economy Roars: Markets Wrap

Stock Bull Run Powers Ahead as US Economy Roars: Markets Wrap

(Bloomberg) — The stock market extended this week’s gains as big tech rallied and a solid jobs report bolstered the outlook for corporate profits. Most Read from Bloomberg Equities hit all-time highs, with the S&P 500 approaching 5,000 and the Nasdaq 100 up 1.7% on bullish outlooks from Meta Platforms Inc. and Amazon.com Inc. Economic optimism outweighed bets the Federal Reserve will be in no rush to cut rates. Treasury two-year yields jumped 16 basis points to 4.36%. The dollar climbed to… Source link

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Aryna Sabalenka powers past Elena Rybakina to win first Grand Slam title

Aryna Sabalenka powers past Elena Rybakina to win first Grand Slam title

In a match that was all about power and strength, Aryna Sabalenka of Belarus triumphed to win the 2023 Australian Open and take home her first Grand Slam trophy. She rallied to beat Kazakhstan’s Elena Rybakina 4-6, 6-3, 6-4 in an epic 2-hour, 28-minute battle. Sabalenka double-faulted to start the match, an ominous sign, and was broken twice in a first set in which she double-faulted five times in losing 4-6 — the first set she lost in 2023. But then Sabalenka got it going. After saving two… Source link

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Huge Sanctions Are Looming for the Fuel That Powers the World

Huge Sanctions Are Looming for the Fuel That Powers the World

(Bloomberg) — Most Read from Bloomberg An unprecedented chunk of the global diesel market, the workhorse fuel of the global economy, is just weeks away from being subject to aggressive sanctions. From Feb. 5, the European Union, the G-7 and its allies will attempt to impose a cap on the price of Russia’s fuel exports — the latest punishment for its invasion of Ukraine. That will coincide with an EU prohibition on almost all imports of Russian oil products. Similar measures are already in… Source link

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Nasdaq powers rally, stocks rise for third straight session

Nasdaq powers rally, stocks rise for third straight session

U.S. stocks wavered Wednesday morning after reactions to weak earnings from Alphabet (GOOGL) and Microsoft (MSFT), raising concerns that slowing output could dent corporate profits in the coming months. The technology-heavy Nasdaq Composite (^IXIC) plummeted by as much as 2% in early trading. Both the S&P 500 (^GSPC) and the Dow Jones Industrial Average (^DJI) inched higher by 0.4% and 0.9%. Stocks have rallied of late, posting three straight days of gains. The Nasdaq jumped 2.3% in Tuesday… Source link

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Powers to fight ‘foreign interference’ in search engine results to be included in Online Safety Bill

Powers to fight ‘foreign interference’ in search engine results to be included in Online Safety Bill

Powers to fight disinformation spread by Russian propaganda search engines are to be included in the Online Safety Bill, i can reveal. The Government is set to amend the Bill following revelations about the website Yandex, known as Russia’s Google, which pumps out pro-Kremlin search results on issues ranging from the war in Ukraine to news items criticising the West. The listings are available to online users in the UK. On Friday,i revealed that Business Secretary Jacob Rees-Mogg and Trade… Source link

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Kevon Looney’s career high powers Warriors to 2-0

Kevon Looney’s career high powers Warriors to 2-0

SAN FRANCISCO — The Golden State Warriors weren’t about to go out without a fight. After the Dallas Mavericks took a 19-point lead in the first half fueled by a resurgence from Luka Doncic, the Warriors methodically marched back. Golden State took its first lead of the game with 11:42 to go and hung on for a 126-117 win in Game 2 of the Western Conference finals on Friday night at Chase Center. The Warriors have a 2-0 series lead as the series shifts to Dallas for Games 3 and 4. Golden… Source link

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Biden Urged to Invoke Cold-War Powers to Blunt Energy Price Hike

Biden Urged to Invoke Cold-War Powers to Blunt Energy Price Hike

(Bloomberg) — President Joe Biden is under pressure to invoke Cold War-era powers to force more domestic oil production as the war in Ukraine strains supplies, raising gasoline prices and fueling inflation. Most Read from Bloomberg Lawmakers and labor activists have urged Biden to compel deployment of drilling rigs and solar panels using the 1950 Defense Production Act, the same authority wielded by Harry Truman to make steel for the Korean War and Donald Trump to spur mask production to… Source link

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