Traders on the NYSE, May 20, 2022. Source: NYSE Tech companies haven’t seen a selloff like since 2001 and the bursting of the dot-com bubble. The Nasdaq declined 3.8% this week, falling for a seventh straight week. It’s the longest losing streak for the tech-heavy index in 21 years. Inflation, rising interest rates, the war
In the leafy suburb of Potomac in Maryland a group of mums is mobilising. Facing nationwide shortages of infant formula, the Nappy Network charity is stepping up. For a couple of months, they’ve been holding a weekly formula drive and the logo says it all: “Bring what you can, take what you need.” Here, parents
The Donbas is feeling the brunt of the recent Russian military failures. The country’s president, Volodymyr Zelenskyy, says the twin areas of Luhansk and Donetsk in eastern Ukraine are being “turned into hell”. He’s right. They are. The towns and cities here are being pummelled; homes and businesses are being smashed by this war. Ukraine
Those seeking evidence of the recent crypto meltdown need not look to Minneapolis — at least for the next few days. This weekend, thousands of NFT-holders are descending upon the Twin Cities for Gary Vaynerchuk’s “VeeCon” — a four-day conference bringing together business leaders, entrepreneurs and Web3 evangelists to discuss digital transformation in everything from
A comedy gig inside a cave in the Peak District had to be called off after a fan became trapped in a tree above the gorge, sparking a dramatic rescue operation. The man, named as David, from London, was walking to see John Shuttleworth perform at Peak Cavern – also known as Devil’s A*** –
Sue Gray and Boris Johnson had a private meeting to discuss the handling of the partygate report, Sky News can reveal. The pair discussed where Ms Gray believed the Metropolitan Police were with the inquiry, and Whitehall’s understanding of where the police were on interviews. The revelation of an undisclosed meeting is likely to trigger
U.S. Senator Amy Klobuchar speaks during a protest outside the U.S. Supreme Court after the leak of a draft majority opinion written by Justice Samuel Alito preparing for a majority of the court to overturn the landmark Roe v. Wade abortion rights decision later this year, in Washington, D.C., May 3, 2022. Elizabeth Frantz |
Top civil servants across Whitehall are to be asked to draw up plans for how they would deliver personnel cuts of up to 40% in each of their departments, Sky News understands. Two senior government sources have said the Cabinet Office is poised to write to all permanent secretaries asking them to model what would
Spoiler alert: Electric vehicles are the future, and they’re destined to replace fossil fuel-powered cars. Unless you’ve got your head firmly buried in the sand, that won’t come as a shocker to you. But credit where credit is due. We humans, we’re a pretty ingenious animal. We figured out how to build massive societies fueled
A drilling rig at a gas processing facility, operated by Gazprom. Maxim Shemetov | Reuters Russia may have just made its first retaliatory move against Finland after lawmakers in Helsinki officially applied to join the military alliance NATO. Gasum, Finland’s state-owned gas wholesaler, said in a statement Friday morning that natural gas imports from Russia
9:00 AM ET For the first time in nearly 10 years, Holly Holm is thinking about professional boxing. To be clear, Holm’s primary focus is still very much on MMA and recapturing the UFC bantamweight championship that she won in 2015 and surrendered in 2016. Holm (14-5) faces Ketlen Vieira in the main event of
9:42 PM ET Mark Schlabach Close ESPN Senior Writer Senior college football writer Author of seven books on college football Graduate of the University of Georgia Kevin Van Valkenburg Close ESPN Senior Writer Senior Writer for ESPN.com and ESPN The Magazine Born and raised in Western Montana Spent 11 years as a feature writer for
In this article .FKRX300 VOW3-DE BMW-DE 7203.T-JP RNO-FR Details of Renault’s Scénic Vision concept car were presented to the public on May 19, 2022. The firm’s idea of developing a passenger vehicle that uses hydrogen technology is not unique. Benjamin Girette | Bloomberg | Getty Images Renault has released details of an electric-hydrogen hybrid concept
8:51 AM ET David Benavidez wasn’t surprised when he saw one of the biggest boxing upsets in recent years. He had believed for years that even a prime version of Canelo Alvarez could be beaten, and it came to fruition on May 7 when Alvarez, pushing himself into a new weight class, failed to capture
7:00 AM ET NASCAR is hitting its annual All-Star break (yes, I realize there’s not an actual break, and there won’t be one for another month, but Sunday is the All-Star Race, so work with me here), and the Cup Series season now has 13 of the 26 regular-season events in the books. We’re halfway
Elon Musk is due to arrive in Brazil on Friday to discuss “connectivity and protection of the Amazon” with far-right President Jair Bolsonaro’s government, Communications Minister Fábio Faria announced in a tweet. Musk’s visit is a boost for Bolsonaro, who has found himself increasingly isolated on the global stage since former US President Donald Trump
Hundreds of staple grocery items had shot up in price by more than a fifth over the two years prior to the surge in food inflation caused by Russia’s war in Ukraine, according to an investigation. As households get to grips with a growing cost of living crisis, the consumer group Which? said that shoppers
Photonic materials are the ones that emit, detect or manipulate light. These materials play a crucial role in various sectors such as telecommunications, data processing and storage, and solar cells. Because of their vast usage, there is a continuous need to make them efficient. Researchers, at the University of Central Florida (UCF), are developing new
Sweden and Finland are expected to hand in their applications to join NATO, despite Turkey threatening to veto the move. The Swedish and Finnish Prime Ministers say they are confident a deal can be done, and insist it is the best way to protect themselves in the light of Russia’s invasion of Ukraine. That has
Dashcam video shows a Lyft driver refusing to drive passengers who used racist rhetoric while getting in the car. #CNN #News