The abandoned airport terminal where everything still works
The first thing you notice about New Orleans are the burying grounds -- the cemeteries -- one of the best things there are here" wrote Bob Dylan in his 2004 book "Chronicles: Volume One.""Going by, you try to be as quiet as possible, better...
Dow Futures Little Changed, Chegg Tanks 21.5% After Earnings
U.S. stock futures were trading in a tight range during Monday’s evening deals, after major benchmark averages finished the regular session lower as rising yields put pressure on risk-sensitive assets ahead of key speeches set to be delivered by Federal Reserve officials later in...
UBS has No Desire to Buy Credit Suisse, Chairman Tells Newspaper
UBS has no interest in buying fellow Swiss lender Credit Suisse, the bank's Chairman Colm Kelleher said in a interview published on Saturday. The former Morgan Stanley (NYSE:MS) president said he was focused on organic growth rather than acquisitions and expanding its business in...
Can Aerobic Exercise Improve Cognitive Function and Decrease Alzheimer’s Disease Risk?
Researchers are investigating ways to help improve cognitive function and potentially decrease dementia risk.One in three seniors dies from Alzheimer’s disease and other forms of dementia and it kills more people than breast and prostate cancers combined.Now a new study has found evidence that one year...
Asia FX Sinks as Caution Over Fed, CPI inflation, Boosts Dollar
Most Asian currencies fell on Monday, while the dollar rose as markets hunkered down ahead of highly awaited signals on U.S. monetary policy from a Federal Reserve meeting and a reading on U.S. consumer inflation. Most regional units were also nursing losses from last...
Coke and Pepsi Face Backlash in Muslim-Majority Countries
Consumer Boycotts Target U.S. Brands Amid Gaza Conflict
Coca-Cola and PepsiCo, having heavily invested in markets across Egypt and Pakistan, are now facing a significant backlash due to consumer boycotts. These boycotts are largely driven by opposition to U.S. support for Israel amidst the ongoing...
At least $1 billion of client funds missing at failed crypto firm FTX : Report
At least $1 billion of customer funds have vanished from collapsed crypto exchange FTX, according to two people familiar with the matter. The exchange's founder Sam Bankman-Fried secretly transferred $10 billion of customer funds from FTX to Bankman-Fried's trading company Alameda Research, the people...
GM Wants U.S. Treasury to Reconsider tax Credits for Cadillac Lyriq EV
General Motors said Friday it wants the U.S. Treasury to reconsider classification of GM's electric Cadillac Lyriq to allow it to qualify for federal tax credits. The Treasury and Internal Revenue Service did not classify the Lyriq as an SUV, meaning its retail price...
U.K. Unemployment Rose Less Than Feared in December
The U.K. labor market stayed stronger than expected in December, with the number of benefit claimants rising only moderately. At the same time, wage growth in November, the last month for which data are available, grew more strongly than expected, rising 6.4% on the...
Australian Dollar Up as Prices Rise More Than Expected
The U.S. dollar retreated marginally in early morning trade in Asia while the Australian dollar gained some ground after prices rose more than expected.
The U.S. Dollar Index that tracks the greenback against a basket of other currencies was down 0.03% to 93.92 by 9:40 PM ET (01:40 AM...