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EUROPEAN stocks seesawed throughout Thursday before closing largely flat, as investors weighed the latest signals on the US interest rate trajectory.The pan-European Stoxx 600 index closed up 0.09 per cent at 537.48 points. Other regional indexes also followed suit with similar moves, with only Germany’s DAX up 0.6%.Federal Reserve Chair Jerome Powell suggested in his congressional testimony this week that if not for inflationary pressures tied to the Trump administration’s tariffs, the central bank might have kept cutting rates.US President Donald Trump stepped up his criticism of Powell and hinted at a shortlist of potential replacements, while the Wall Street Journal reported…
Check out the best moments between the Philadelphia Phillies and the Houston Astros.
SEOUL: For over a decade, the United States has been waging its chip cold war with a familiar arsenal. Blacklists, export controls and extraterritorial rules – all staples of Washington’s well-worn playbook – were meant to deny China access to critical technologies and stall the ascent of its tech capabilities. The stall never came. In response, restrictions have grown increasingly severe. The US government is now weighing additional restrictions on China, including revoking waivers that allow global chipmakers to access US technology in their China-based operations, according to a report in the Wall Street Journal. China, meanwhile, has continued to…
The number is $28 million.According to a report that surfaced earlier this month, that is the amount of money that Cooper Flagg earned in NIL deals during his one year at Duke. Fast-forward to Wednesday night, when Flagg was selected with the No. 1 overall pick in the NBA Draft by the Dallas Mavericks. The 2025 Naismith Award winner, which is given to the top player in college basketball, is projected to make upwards of $62 million on his rookie deal over the next four years. If Flagg lives up to his billing as a generational talent, it’s possible his…
NEW YORK — U.S. stocks are drifting closer to their record. The S&P 500 rose 0.4% Thursday and is just 0.5% below its all-time high, which was set in February. The Dow Jones Industrial Average added 133 points, and the Nasdaq composite gained 0.5%. McCormick helped lead the market after the seller of cooking spices delivered a better-than-expected profit report. Treasury yields held relatively steady in the bond market following a couple of better-than-expected reports on the U.S. economy, including on jobless claims and orders for long-lasting manufactured goods. Stock indexes were mixed across much of Europe and Asia.THIS IS…
Video Details James Jones shares his thoughts on the Tampa Bay Buccaneers’ ceiling with Baker Mayfield leading the offense. After a strong finish last season, James breaks down whether Baker can take the Bucs even further, and if Tampa Bay is a real contender in the NFC with him under center. 21 MINS AGO・the facility・1:00
Wander Franco, the suspended Tampa Bay Rays shortstop, was found guilty Thursday in a sexual abuse case but received a two-year suspended sentence.Franco was arrested last year after being accused of having a four-month relationship with a girl who was 14 at the time, and of transferring thousands of dollars to her mother to consent to the illegal relationship.Franco, now 24, also faces charges of sexual and commercial exploitation against a minor, and human trafficking.Prosecutors had requested a five-year prison sentence against Franco and a 10-year sentence against the girl’s mother, who was found guilty and would serve the full…
NEW YORK/LONDON :Global shares hit their third record high in three days on Thursday while the U.S. dollar sank to its lowest level in more than three years amid growing market concerns about the Federal Reserve’s independence.The U.S. dollar index was down nearly 0.43 per cent on the session and more than 10 per cent for the year. If the greenback’s losses hold until the month ends, it will be the biggest fall in the first half of a year since the start of the era of free-floating currencies in the early 1970s.Wall Street’s main indexes finished higher, with the…
Dame Anna Wintour is stepping down as American Vogue editor-in-chief after 37 years.The British-born editor broke the news to the magazine’s staff at a meeting on Thursday, announcing that a new role, head of editorial content, would be introduced. The longtime Vogue powerhouse isn’t leaving the publication entirely, though.She will remain global editorial director of Vogue and chief content officer for its publishing house, Conde Nast.Whoever lands the role of head of editorial content will report directly to Dame Anna, who will continue to oversee all of Conde Nast’s brands, including Vanity Fair and GQ, except for The New Yorker.…
Nick Wright, Chris Broussard, and Kevin Wildes discuss the biggest sleepers of the 2025 NBA Draft so far.