Usa Financial News

AT&T says it has restored wireless coverage after an outage knocked out cellphone service on its network across the U.S. for hours

The Justice Department has announced a series of arrests and indictments against Russian businessmen and their facilitators in five separate federal cases that span New York, Florida, Georgia and the District of Columbia

The number of Americans applying for jobless benefits fell to its lowest level in five weeks, even as more high-profile companies announce layoffs

After the Biden administration applied sanctions on four Israeli settlers for acting violently toward Palestinians and activists in the West Bank, online fundraisers sprang to their aid

United Airlines is gearing up to resume flights to Israel early next month

The average long-term U.S. mortgage rate rose this week for the third time in as many weeks, driving up home loan borrowing costs in just as the spring homebuying season ramps up

A private lunar lander is circling the moon while aiming for a touchdown near the south pole

The Conference Board chief economist Dana Peterson says the LEI is great for the goods economy on Making Money.

Remaining compliant with the regulations on financial crime are increasingly costly for financial institutions in the US and Canada, according to a new report. 

Shares of Super Micro Computer (NASDAQ:SMCI) continued their relentless ascent on Thursday, surging more than 35% during the session. The SMCI stock has had one of the most impressive starts to 2024 among tech stocks, gaining over 235% year-to-date, prompting many analysts to ask: Is the SMCI stock in a bubble?

By Herbert Lash and Marc Jones

Formula 1 season began this week and there was Christian Horner, the head of Red Bull Racing, still leading his team as it begins its bid for a fourth consecutive championship. Horner was also front and center a week ago at Red Bull's launch of its 2024 car — a virtual highlight reel of the success Horner has built since he became team principal in 2005. Make no mistake, the longest-tenured team leader in the F1 paddock knows how to win: Red Bull has won six constructors' championships and seven drivers' championships under Horner. But as he continues with «business as normal» — Horner's own words at the launch last week — nobody else can figure out how he has remained on the job during an internal investigation into allegations of inappropriate conduct that parent company Red Bull announced on Feb. 5.

Kremlin said on Thursday that Joe Biden had debased the United States by calling Russian President Vladimir Putin a "crazy SOB", casting the U.S. president's remark as part of a failed "Hollywood cowboy" act. The U.S. president made the «crazy SOB» remark as part of a sentence about threats to the world — including «that guy Putin and others», the risk of nuclear conflict and the existential threat to humanity from climate change.

There is a large literature on the varieties of capitalism seen around the world. In their Introduction to the much-cited volume on Varieties of Capitalism (Oxford University Press, UK, 2001), Hall and Soskice classified capitalist countries into two broad groups: Liberal market economies (LMEs) such as the US, UK, Canada, Australia, New Zealand, and coordinated market economies (CMEs) such as Germany, France, Japan, Sweden and Austria. In LMEs, firms coordinate their interaction with each other and other stakeholders through hierarchies and the market.

Real estate agent Mauricio Umansky says high mortgage rates, high prices and low supply are creating difficulties for homebuyers on The Claman Countdown.

'Mansion Global' host Katrina Campins has the latest on the real estate market on 'The Bottom Line.'

Sora, a new service from OpenAI that produces one-minute videos in response to a textual prompt, isn’t yet available to the public. But the videos it has released are striking for their vividness, their detail, and, if this is the correct term for an AI tool, their imagination. It is worth considering the future economic consequences of this development.

Houthi attacks on commercial ships in the Red Sea, in reprisal for Israeli bombing of Gaza, continue unabated and the disruption they are causing is beginning to pinch. As the crisis enters its fourth month, Mint looks at the impact on India and the sectors that have been hit. There are no signs at all of any improvement.

By Philip Blenkinsop

The foundation supporting Ethereum scaling solution Arbitrum is financing a feature film about crypto by Oscar winner Shane Norris.

By David Shepardson