KYIV (Reuters) – Ukraine’s central bank lowered its main interest rate to 13.5% from 14.5% on Thursday to support the wartime economy, but said it had cut its 2024 GDP forecast to 3% from 3.6% due to Russian air strikes on the energy system.The central…
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. America’s relentless spending has kept the economy motoring. But it’s starting to worry…
Gold price holds above $2,300 after weak preliminary US Q1 GDP data. The Fed may reassess the “higher for longer” interest rates argument. The easing of tensions in the Middle East has improved the demand for risky assets. Gold price (XAU/USD) remains well-supported above the crucial support of $2,300 in Thursday’s early New…
Recent data from CryptoQuant indicates a steep decline in daily revenue for Bitcoin miners, falling to $63.6 million on Tuesday after excitement for the Runes protocol diminished. This downturn aligns with the effects of the recent Bitcoin halving event, which took place last Friday night. The event halved the issuance…
Francisco Rivera’s “original plan” after college graduation was to work in music and travel.But after he finished his degree in music production at Full Sail University in 2017, he couldn’t find a job in the industry. So, Rivera made money where he could: He worked in an Apple Store, then…
U.S. economic growth was much weaker than expected to start the year and prices rose at a faster pace, the Commerce Department reported Thursday.Gross domestic product, a broad measure of goods and services produced in the January-through-March period, increased at a 1.6% annualized pace when adjusted for seasonality and inflation,…
The chef of a Los Angeles vegan restaurant announced that her restaurant…
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Investing.com– U.S. stocks traded sharply lower Thursday, with investors hit by a…
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(Refiles to add dropped word to the headline)By Andrew GoudswardWASHINGTON (Reuters) -…
POLITICS
View MoreFormer President Donald Trump on Wednesday night downplayed the 2017 white supremacist rally in Charlottesville, Virginia, which led to a woman’s death, as a “peanut” compared to the demonstrations happening across the US against Israel’s actions in Gaza. In August 2017, White nationalists, neo-Nazis and other right-wing groups descended on Charlottesville to protest the city’s decision to remove a statue of Confederate Gen. Robert E. Lee, with some gathered chanting, “Jews will not replace us.” One of the attendees rammed his car into a crowd, killing a 32-yeard-old paralegal and injuring several others. There have been no reports of any…
By Mike Scarcella(Reuters) – The U.S. government set up a likely court showdown over the scope of TikTok’s free speech protections under the U.S. Constitution after President Joe Biden signed…
Critics call it ‘absurd,’ but here’s why Justices are looking at Trump’s immunity claim CNN’s Senior Supreme Court analyst Joan Biskupic explains why the Supreme Court is seriously considering former…
By Andrew Goudsward and Daniel Trotta(Reuters) – Rudy Giuliani, a former lawyer for Donald Trump, is among 18 people charged in Arizona with illegally seeking to claim the state’s 2020…
Markets
View MoreDonald Trump is asking the Supreme Court to recognize that he had total legal immunity as president.He wants to toss…
Finance
View MoreA new robotic dog might make you run for the hills, regardless of whether you’re an animal lover or not.Ohio-based company Throwflame is selling the non-cuddly…
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Clear is a service that lets people skip the security line at airports with nothing but a biometric scan and $189. Some California lawmakers want to make changes to it in the state, saying it separates travelers into haves and have-nots. California lawmakers voted 8-4 to move a bill out…
Economy
By Andrea ShalalWASHINGTON (Reuters) – A U.S. proposal for using future interest…
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Premier consultancy McKinsey & Company is under investigation by the US Department…
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