Denmark's A.P. Moller Maersk has given an upbeat outlook for container shipping, lifting its shares as investors looked beyond one-off second-quarter charges. It's also planning to take on the banks with a new finance venture. Laura Frykberg reports.
The WNBA is heading to Toronto, according to media reports. The Canadian Broadcasting Corporation reported that the women’s professional basketball league has awarded a franchise to the Kilmer Group. The reported deal would have Toronto’s WNBA team start playing in May 2026.
2 marketing experts explain how the former All-Pro center for the Philadelphia Eagles has built a powerful personal brand centered on being a gritty underdog with family values.
Bannon is a former adviser to Donald Trump
Gold (GC=F) has seen quite the run in 2024 and is set for its best week since early April. The commodity is often viewed as a hedge bet against inflation, but could all that change if the Federal Reserve decides to cut interest rates? Path Trading Partners Co-Founder and Chief Market Strategist Bob Iaccino joins Catalysts to discuss the momentum behind gold futures and what it means for both the Fed and gold traders Iaccino speculates on gold's future movements: "If inflation is picking up again, which I believe it is, gold will rally as a function of asset inflation." He continues: "When you look at asset inflation that comes with it, those of us that own assets like gold, we benefit from that. So my target for gold is about 4.8% higher from here. Very specific: $2,491 [per ounce]. If you get to $24,91, the speculator will probably push it to $2,500 just because they like those numbers." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino
Steve Bannon’s conviction for failure to comply with a congressional subpoena was upheld by a three-judge federal appeals court today, raising the prospect that the podcaster and right-wing provocateur will have to serve a four-month sentence. The appeals court decision, made by appointees of Joe Biden, Donald Trump and Barack Obama, was unanimous. The judges …
The Labour leader attacked Rishi Sunak’s approach to the small boats crisis as ‘gimmicks, not serious government’ and set out the party’s own plans to crack down on people smugglers
Apple has faced backlash for its latest advert for the new ultra-thin iPad Pro. The ad is designed to represent all of the things the device can do, but celebrities including Hugh Grant and Handmaid’s Tale director Reed Morano have criticised the commercial. Grant called it a “destruction of human experience,” and in a post on X, Morano told Apple CEO Tim Cook to “read the room”.
Brazil's annual inflation continued to trend down but slightly less than expected in April, official data showed on Friday, in the first consumer price readings after the nation's central bank voted to reduce the pace of its interest rate cuts. Inflation in Latin America's largest economy hit 3.69% in the 12 months through April, statistics agency IBGE said, slowing from 3.93% in the previous month, but a tad above the 3.66% expected by economists polled by Reuters. Earlier this week, Brazil's central bank cut rates by 25 basis points to 10.5%, slowing its ongoing easing cycle after six straight 50-basis-point cuts.
Whoopi Goldberg has been married three times. Her last marriage, to Lyle Trachtenberg, ended in divorce in 1995 one year after they tied the knot
A U.S. judge dismissed a lawsuit in which Elon Musk's X Corp accused an Israeli data-scraping company of illegally copying and selling content, and selling tools that let others copy and sell content, from the social media platform. U.S. District Judge William Alsup in San Francisco ruled on Thursday that X, formerly Twitter, failed to plausibly allege that Bright Data Ltd violated its user agreement by allowing the scraping and evading X's own anti-scraping technology. Alsup said using scraping tools is not inherently fraudulent, and giving social media companies free rein to decide how public data are used "risks the possible creation of information monopolies that would disserve the public interest."
The Duchess of Sussex made the sweet comment about the African country while signing a visitor's book at Defence Headquarters in Abuja on May 10
A new version of a bill that would restrict U.S. business with China's WuXi AppTec, BGI and other biotechnology companies of concern would allow companies until 2032 to end work with the Chinese firms, extending the amount of time to find new partners. The latest Biosecure Act also adds WuXi Biologics to a list of biotech companies of concern. The other companies on the list are BGI, MGI, Complete Genomics and WuXi AppTec.
Moderna (MRNA) has announced a setback in the anticipated approval of its RSV vaccine. The biopharmaceutical company says that the US Food and Drug Administration (FDA) has postponed the decision to approve the vaccine until the end of May due to administrative constraints. Yahoo Finance's health reporter Anjalee Khemlani breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
Wilson's upcoming album is scheduled to be released on Aug. 23
Kyiv sends reinforcements to the border area and evacuates some citizens – as it repels Moscow’s troops who are seeking to increase the pressure on Ukraine’s second city
Zambia aims to finish restructuring its $3 billion of international bonds by the end of the month, a senior official said on Friday, after reaching a preliminary deal in March that brought it closer to ending its long-delayed debt rework. The pact struck with a group of holders of the notes, known as eurobonds, now needs to be sent to all bondholders to be voted on, either as brand new bonds - an "exchange offer" - or as amendments to bonds already held - a "consent solicitation". "If all goes well, with the bondholders, we should sign all the documentation by the end of this month," secretary to the treasury Felix Nkulukusa told a public lecture at a university in Kitwe, a city in Zambia's Copperbelt region.
The Yahoo Fantasy football analysts reveal their first kicker rankings for the 2024 NFL season.
The Yahoo Fantasy football analysts reveal their first defense rankings for the 2024 NFL season.
The Yahoo Fantasy football analysts reveal their first batch of draft rankings for the 2024 NFL season.
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