News
Shanghai’s Full Covid Lockdown Ends
After a two-month lockdown Shanghai has eased covid restrictions, bringing relief to both the 25 million living in the city...
Yellen Says She Was ‘Wrong’ About Inflation Path
US Treasury Secretary Janet Yellen admitted she missed her forecast about inflation, after saying it only posed “a small risk”...
“Top Gun: Maverick” Tops Box Office With $156 Million
After weeks of speculation "Top Gun: Maverick" set a box office record for Memorial Day holiday weekend. Paramount's sequel to...
Apple’s New Software Will Bring Big Changes
Apple is bringing several new updates to new iPhones and iPads with its upcoming software releases iOS 16 and iPadOS...
Oil Price Rises After EU Cuts Russian Imports
Oil prices are rising after the European Union leaders agreed on a plan to block more than two-thirds of Russian...
Fed Governor Christopher Waller Supports More 50 bps Hikes
Federal Reserve Governor Christopher Waller sees interest rate increases continuing through the rest of the year as part of an...
EU Struggles to Agree on Russian Oil Embargo
The European Union is still working toward an agreement to embargo Russian oil after failing to reach an agreement over...
EY Plans to Spin Off Audit Business
Ernst & Young (EY) is considering a split of its audit and advisory operations worldwide, the Financial Times has reported....
‘Top Gun’ Could Give Tom Cruise his First-Ever $100 Million Opening
Tom Cruise has a chance to write another chapter of his successful and profitable career. The Mission Impossible star is...
Carl Icahn Loses Proxy Fight with McDonald’s
Billionaire Carl Icahn lost his proxy fight with McDonald’s on Thursday, after the company’s shareholders dismissed his animal-welfare concerns. Only...
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