Stocks fell in morning trading on Wall Street Tuesday, weighed down by a big decline in tech heavyweights over concerns about persistently rising inflation and its impact to their bottom lines. The S&P 500 index fell 2.1%, the Dow Jones Industrial Average fell 1.1% and the Nasdaq fell 3.…
NATO Secretary-General Jens Stoltenberg says the war in Ukraine is providing proof that doing business with authoritarians in Russia or China poses risks for Western security. Stoltenberg says “free trade has brought a lot of prosperity and wealth” but that it comes with “a price because som…
Former White House press secretary Jen Psaki has officially landed at MSNBC, where she is expected to make appearances on the network’s cable and streaming programs as well as host a new original show. Psaki will also appear on NBC and during MSNBC’s primetime special election programming th…
Kremlin critic Bill Browder wants governments to step up efforts to get to the riches squirreled away by Russian oligarchs by forcing accountants, lawyers and others who set up murky legal and financial structures to become whistleblowers. Browder, author of the best-seller “Freezing Order: …
MacKenzie Scott gave $122.6 million to Big Brothers Big Sisters of America, the national youth-mentoring charity announced on Tuesday. The gift is the latest of several the billionaire writer has given to large national nonprofits that carry out their missions through local chapters in neigh…
Ukrainian authorities say workers digging through the rubble of an apartment building in Mariupol found 200 bodies in the basement. It was a grim reminder of the horrors still coming to light in the ruined city that has seen some of the worst suffering of the 3-month-old war. An adviser to M…
Making the right decisions in your 401(k) now will pay off in a big way in the long run.
Across Britain, food banks and community food hubs that helped struggling families, older people and the homeless during the pandemic are now seeing soaring demand. Skyrocketing energy and food bills are pushing millions deeper into financial hardship, and increasing numbers cannot afford to…
It depends: Some of us have no business in stocks right now, but for others, there's no better time to buy.
Two top Russian security officials have vowed that Russia will achieve all the goals set for the “military operation” in Ukraine. Secretary of Russia’s Security Council Nikolai Patrushev said in an interview published Tuesday that the Russian government “is not chasing deadlines.” Russian De…
Government and corporate leaders at the World Economic Forum are debating whether oil and gas companies can or should be part of the future transition to renewable energies such as wind and solar. The question is both practical and urgent, as Russia’s invasion of Ukraine has forced many coun…
As stock prices continue to slide, is it really the right time to retire?
Americans on the cusp of retiring are facing a tough choice as they watch their nest eggs shrink: Stay the course or keep working. A stock market slump this year has taken a big bite out of investors’ portfolios, including retirement plans like 401(k)s. The S&P 500, the benchmark for man…
Learn to navigate the confusing rules.
We are surrounded by bad money advice — from social media, from influencers and even from friends and family. Bad money advice might be oversimplified, ignoring the particulars of your personal situation. It could be outdated or based on harmful stereotypes. It may come in the form of a get-…
Talk about needless financial stress during retirement.
Sri Lanka’s navy says that it has arrested 67 people who it believes were trying to travel by sea to Australia illegally. The navy said in a statement that 12 men were arrested first near the eastern port town of Trincomalee on Monday. Upon questioning them, the navy intercepted 55 more peop…
With time and patience, you can add zeros to your net worth.
Staying calm during periods of high volatility is likely to be a winning strategy in the long run.
World Health Organization director-general Tedros Adhanom Ghebreyesus is expected to be confirmed by the U.N. health agency’s member countries for a second five-year term. No other candidate challenged him for the post amid the ongoing difficulties of responding to the devastating coronaviru…
Putting off your workforce exit has its perks.
Think hard about what will boost your future financial security most. Starting Social Security early has some big downsides.
The United States and Britain are accusing Russia of spreading disinformation online and manipulating public opinion about the war in Ukraine. The two countries vehemently rejecting Russian claims that the West is aiming to control all information flows and define what is true or untrue. Bri…
A Russian soldier who pleaded guilty to killing a Ukrainian civilian was sentenced to life in prison. The sentencing Monday comes amid signs the Kremlin may hold trials of its own, particularly against the captured Ukrainian fighters who held out at Mariupol’s steel plant. Meanwhile, in a ra…
Sri Lanka received a first shipment of a $16 million humanitarian aid package from neighboring India to help mitigate severe shortages caused by the country’s devastating economic crisis. The goods worth $5.6 million include rice, milk powder and essential medicines. It was donated by the so…
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