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NEW YORK (AP) — U.S. markets pointed lower before the opening bell Tuesday ahead of the release of the Federal Reserve’s decision this week on interest rates. Futures for the Dow Jones industrials and the S&P 500 both declined 0.2% with less than two hours before markets open. Investors are expecting another rate hike by
Continue Reading By TOM MURPHY AP Health Writer Sales of Pfizer’s COVID-19 vaccine and treatment pushed the drugmaker well past expectations in the first quarter, as profit grew 61%. The coronavirus vaccine Comirnaty brought in more than $13 billion in sales, and the treatment Paxlovid added another $1.5 billion as company revenue swelled 77%. Overall, Pfizer posted
Continue ReadingBy Oren Liebermann, CNN More than 200 sailors have moved off the USS George Washington aircraft carrier after multiple deaths by suicide among the crew, including three in less than one week in April, according to the Navy. The sailors are moving to a local Navy installation as the nuclear-powered aircraft carrier continues to go
Continue Reading KYIV, Ukraine (AP) — Germany’s conservative opposition leader has traveled to Kyiv for meetings with Ukrainian officials including President Volodymyr Zelenskyy. The trip on Tuesday came as Chancellor Olaf Scholz made clear he wouldn’t be visiting Ukraine any time soon. Scholz has traded barbs with Ukrainian officials in recent weeks because of Kyiv’s refusal to
Continue ReadingMegan C. Hills, CNN As the Met Gala red carpet drew to a close on Monday night, Kim Kardashian arrived fashionably late in a sparkling skin-tight gown once worn by Marilyn Monroe. Adorned with over 6,000 handsewn crystals, the pre-loved dress was worn by Monroe when she famously sang “Happy Birthday” to President John F.
Continue ReadingBy Rachel Janfaza and Andrew Menezes, CNN It’s Election Day in Ohio and Indiana, where voters will pick their party nominees in primary races ahead of the 2022 midterm elections. While Ohio has made headlines for its Senate and gubernatorial races, there are several House primaries taking place Tuesday in the Buckeye State that are
Continue ReadingBy Jordan Valinsky, CNN Business Ulta Beauty is apologizing for sending a newsletter to customers with a subject line containing a “very insensitive choice of words.” In an email sent Sunday, the chain wrote “Come hang with Kate Spade” promoting the brand’s line of perfumes. That prompted some subscribers to share the email on social
Continue Reading LONDON (AP) — BP posted its highest quarterly profit in more than a decade thanks to surging oil and gas prices. The earnings report Tuesday renewed calls for a U.K. government tax on energy companies’ windfall earnings to help households struggling with rising energy bills. The British energy giant said that underlying profit more than
Continue ReadingJack Guy, Vasco Cotovio, Rodrigo Pedroso and Francesca Street, CNN The Brazilian town of Encantado has a towering new statue of Jesus Christ that rivals the height of Rio de Janeiro’s famous “Christ the Redeemer” statue. The Cristo Protetor de Encantado has been in the works since 2019. Recent drone photos show it looks more
Continue ReadingCNN, CNN BUSINESS By Matt Egan, CNN Business Turmoil on Wall Street is a feature, not a bug, of the Federal Reserve’s fight against inflation, according to former New York Federal Reserve President Bill Dudley. “What’s happening right now is exactly what the Federal Reserve wants to happen,” Dudley told CNN in an interview, referring
Continue ReadingBy Matt Egan, CNN Business The Federal Reserve helped rescue the economy from the worst pandemic in a century. That task may prove easy compared with the Fed’s next mission: crush inflation, without causing a recession. Achieving a so-called “soft landing” will be challenging because the jobs market is on fire. It’s so hot that
Continue ReadingBy Kaitlan Collins and Maegan Vazquez, CNN President Joe Biden on Tuesday told workers in Alabama that the anti-tank missiles they’re making at their facility are making possible the Ukrainian resistance to the Russian invasion and keeping US fighters out of the war. It’s a trip that would have seemed far-fetched to Biden’s own advisers
Continue ReadingBy Michael Warren, CNN Maryland GOP Gov. Larry Hogan will call for a “course correction” for the Republican Party following the Trump administration during a speech Tuesday night, according to prepared remarks obtained by CNN. “A party that lost the popular vote in seven out of the last eight presidential elections, and that couldn’t even
Continue Reading The Associated Press Biogen is looking for a new CEO less than a year after its launch of its Alzheimer’s drug Aduhelm largely fizzled. The company said Tuesday that current CEO Michel Vounatsos will continue to lead the company until his successor is appointed. Aduhelm hit the market as the first new Alzheimer’s medication in
Continue Reading VATICAN CITY (AP) — Pope Francis has told an Italian newspaper that he has offered to travel to Moscow to meet with President Vladimir Putin to try to end Russia’s war in Ukraine, and suggested the invasion might have been provoked by NATO’s eastward expansion. Francis said he made the offer about three weeks into
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Melissa Velásquez Loaiza (CNN) — Tracy Peck estaba haciendo diligencias cuando recibió una serie de mensajes de texto y llamadas que la sorprendieron, primero de su entrenador de tenis y luego de su mejor amiga. “¿Viste la historia de CNN?”, le dijeron ambos. “Tienes que ser tú de quien hablan”. Al principio, Peck lo descartó.
Continue ReadingBy Michelle Toh, CNN Business HSBC has long prided itself on being the bank that connects East and West. Now it’s under pressure to rethink that model after a challenge from its top shareholder, one of the most powerful finance companies in China. Ping An, China’s largest insurer, is pushing for HSBC to overhaul its
Continue Reading Juan Pablo Elverdin (CNN) — Los latinos en Estados Unidos con piel más oscura están experimentando la discriminación de sus compañeros latinos y de los no latinos en casi la misma proporción, dice una nueva encuesta del Centro de Investigación Pew. El informe, publicado este lunes, se basa en una encuesta realizada en marzo de
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By TALES AZZONI AP Sports Writer MADRID (AP) — Real Madrid is hoping to produce one last magical Champions League night at the Santiago Bernabéu this season. The team has already rallied at home against Paris Saint-Germain and defending champion Chelsea. Now Madrid needs to get past Manchester City to return to the final for
Continue Reading By The Associated Press Sales of Pfizer’s COVID-19 vaccine and treatment pushed the drugmaker well past expectations in the first quarter, as profit grew 61%. The coronavirus vaccine Comirnaty brought in more than $13 billion in sales, and the treatment Paxlovid added another $1.5 billion as company revenue swelled 77%. Overall, Pfizer posted adjusted earnings
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