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By Julia Horowitz, CNN Business As the recovery from the pandemic took off last year, everything investors touched turned to gold. The US stock market leaped 27%. Bitcoin rocketed to a record high. Commodities like oil and copper soared. Even alternative investments, from trading cards to wine, experienced a boom. Now, the glee of the
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By SYLVIA HUI Associated Press LONDON (AP) — A trial involving two soccer spouses, one of whom publicly called out the other for allegedly leaking her private social media posts to a British tabloid newspaper, opened Tuesday in London. Rebekah Vardy, 40, sued for libel after Coleen Rooney, 36, accused her of sharing the Instagram
Continue ReadingBy Matt Egan, CNN Business US Chamber of Commerce CEO Suzanne Clark is pushing back against Senator Elizabeth Warren and others who blame high inflation on dominant corporations. “They’re just plain wrong,” Clark told CNN in a rare interview. “We’ve had decades of low inflation. There wasn’t some magic burst of consolidation in the last
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NEW YORK (AP) — Wall Street appeared headed for gains when the market opens on Tuesday after recent losses dragged some benchmarks to their lowest levels in more than a year as war, inflation and rising interest rates have rattled investors in 2022. Futures for the S&P 500 and the Dow Jones Industrial Average were
Continue ReadingBy Jordan Valinsky, CNN Business Peloton’s turnaround plan can’t happen fast enough: The at-home fitness company continues to lose money — and it’s quickly running out of cash. The once-hot company reported a dismal quarterly financial report Tuesday, with sales tumbling 15% from a year ago. Peloton lost $757 million last quarter. Peloton said it
Continue ReadingBy Kate Sullivan, CNN A bipartisan group of more than 100 mayors on Tuesday endorsed President Joe Biden‘s nominee to run the Bureau of Alcohol, Tobacco, Firearms and Explosives as the White House races to garner enough support to get Steve Dettelbach confirmed by the Senate. The group sent a letter from the US Conference
Continue ReadingBy Daniel Dale, CNN A former Democratic congressional candidate went viral on Twitter over the weekend with a false claim that Tennessee has banned Plan B, a pregnancy-preventing emergency contraceptive known as a “morning-after pill.” Pam Keith’s inaccurate tweet came five days after Politico revealed a February draft opinion in which a Supreme Court majority
Continue ReadingCNN By Jessica Schneider and Tierney Sneed, CNN News that the Supreme Court is on the cusp of overturning Roe v. Wade is sounding alarms for an unexpected part of the population: people looking to get pregnant and the doctors who are helping them. The conservative justices, according to a draft majority opinion disclosed last
Continue ReadingCNN By Daniel Dale, CNN A former Democratic congressional candidate went viral on Twitter over the weekend with a false claim that Tennessee has banned Plan B, a pregnancy-preventing emergency contraceptive known as a “morning-after pill.” Pam Keith’s inaccurate tweet came five days after Politico revealed a February draft opinion in which a Supreme Court
Continue ReadingBy Kaitlan Collins, CNN US officials found Russian President Vladimir Putin muted and subdued when he delivered his Victory Day address on Monday, further obscuring their attempts to ascertain the Russian leader’s ultimate objectives in Ukraine. Officials inside the Biden administration have been contemplating ways Putin could exit his unprovoked war should he choose to
Continue Reading By MARK GILLISPIE Associated Press CLEVELAND (AP) — A hearing will begin Tuesday in federal court in Cleveland that will result in a judge determining how much CVSHealth, Walgreens Co. and Walmart Corp. should pay two northeast Ohio counties to help them abate the continuing opioid crisis. A jury in November concluded that the three
Continue ReadingBy Jen Christensen, CNN With waning immunity and a coronavirus that seems to become more infectious with each new variant, the Biden administration predicts that up to 100 million more people could get Covid-19 in the fall and winter. That estimate makes it crucial that as many people as possible get booster shots of Covid-19
Continue ReadingCNN, ABC By Deidre McPhillips, CNN Since Covid-19 vaccines became widely available, there has been a wide gap in deaths between the vaccinated and unvaccinated. But recent Covid deaths are much more evenly split as highly transmissible variants take hold, vaccine protection wanes and booster uptake stagnates. Breakthrough infections have become more common in recent
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By Hannah Ryan, CNN There’s now a 50:50 chance that the world will surpass a critical threshold of 1.5 degrees Celsius of global warming in the next five years, a new World Meteorological Organization report shows, warning of heating that could have devastating impacts on systems like coral reefs as well as Arctic ice. The
Continue Reading NYON, Switzerland (AP) — Roma and Feyenoord have each been allocated 4,000 tickets for their fans at the Europa Conference League final in Albania. UEFA says three quarters of the tickets are being given free to reward fans for their loyalty through the pandemic. The stadium capacity is just 20,000 in the National Arena in
Continue Reading By TOM MURPHY AP Health Writer Pfizer is starting to put its COVID-19 cash influx to use by spending $11.6 billion to venture deeper into a new treatment area. The New York vaccine and cancer drug maker said Tuesday it will use cash on hand to buy the remaining portion of migraine treatment developer Biohaven
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Verónica Ojeda (CNN) — La Casa Blanca condenó este lunes “la violencia, las amenazas o el vandalismo” después de que manifestantes protestaran frente a las casas de los jueces conservadores de la Corte Suprema durante el fin de semana. La secretaria de prensa de la Casa Blanca, Jen Psaki, reiteró el apoyo del gobierno de
Continue Reading By JOSEPH WILSON Associated Press BARCELONA, Spain (AP) — Spain’s government has fired the director of the country’s top intelligence agency following the hacking of politicians’ cellphones. The National Intelligence Center, or CNI, has been under fire for its role in spying on Catalan separatists. The agency also has faced criticism for taking a full
Continue Reading MOSCOW (AP) — Russian President Vladimir Putin has urged authorities to take stronger action to prevent wildfires and increase coordiation between various official agencies in dealing with them. Speaking in Tuesday’s video call with federal and regional officials, Putin emphasized that wildfires that hit Russia last year were the most massive in years and asked
Continue ReadingBy Henry Klapper, CNN Two Russian reporters appeared to post at least 30 articles on Monday that criticized President Vladimir Putin’s invasion of Ukraine. CNN reviewed the articles, which were taken down almost immediately after they were published on a pro-Kremlin news site. Some were pegged to the 77th anniversary of the Soviet Union’s defeat
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