11:44 a.m. Today11:44 a.m. Dec. 7, 2021
- By Christine Idzelis
Dow jumps almost 500 points, Nasdaq rallies 3% to end higher Tuesday as omicron fears fadeU.S. stock benchmarks surge to a higher close Tuesday, extending Monday's gains, as fears about the omicron variant subside.
10:58 a.m. Today10:58 a.m. Dec. 7, 2021
- By Anders Ã
Even though Putin knows he probably cannot win in Ukraine, a weakened strongman will often take the greatest risksThe U.S. and the West must stand strong with Ukraine, and severely sanction Russia to deter a war next spring.
8:42 a.m. Today8:42 a.m. Dec. 7, 2021
- By Victor Reklaitis
Biden tells Putin that U.S. will respond if Russia escalates military action against UkrainePresident Joe Biden on Tuesday delivered a warning to Russian President Vladimir Putin over a potential Russian invasion of Ukraine, according to a White House readout of a video call between the two leaders. Biden "voiced the deep concerns of the United States and our European Allies about Russia's escalation of forces surrounding Ukraine and made clear that the U.S. and our Allies would respond with strong economic and other measures in the event of military escalation," the White House said in a statement. The American president also "reiterated his support for Ukraine's sovereignty and territorial integrity and called for de-escalation and a return to diplomacy," the statement said. "The two presidents tasked their teams to follow up, and the U.S. will do so in close coordination with allies and partners." to deliver a message along those lines as he seeks a diplomatic solution to deal with the tens of thousands of Russian troops massed near the Ukraine border.
Biden told Putin U.S. will respond if Russia escalates military actions against Ukraine, White House says
8:17 a.m. Today8:17 a.m. Dec. 7, 2021
4:19 a.m. Today4:19 a.m. Dec. 7, 2021
End of an era: Germany's Merkel bows out after 16 yearsAngela Merkel was assured of a place in the history books as soon as she became Germany's first female chancellor on Nov. 22, 2005.
3:26 a.m. Today3:26 a.m. Dec. 7, 2021
Biden to Warn Putin Russia Faces 'Severe Economic Harm' if He Attacks Ukraine
The U.S. and Russian presidents are due to meet in a videocall later Tuesday.
2:37 a.m. Today2:37 a.m. Dec. 7, 2021
Biden to warn Vladimir Putin of 'very real cost' of invading UkrainePresident Biden is expected to send a warning that Russia will face sanctions if it invades Ukraine
1:47 a.m. Today1:47 a.m. Dec. 7, 2021
Omicron Fears Are Easing. The Santa Rally Could Be Back On.
New York City workers under new Covid-19 vaccine mandate, Intel plans IPO of Mobileye self-driving-car unit, Biden touts prescription drug savings in spending plan, and other news to start your day.
10:34 a.m. Dec. 6, 2021
- By Myra P. Saefong
Oil settles at highest in a week, up nearly 5%, as omicron fears easeCrude-oil prices on Monday settle with a gain of nearly 5%, as omicron variant concerns ease, and other factors help to momentarily lift prices.
2:56 a.m. Dec. 6, 2021
Biden, Putin to Hold Video Summit on Ukraine Tuesday
U.S. believes Russia is planning an invasion of its neighbor at the end of January.
7:25 a.m. Dec. 4, 2021
Biden, Putin set video call for Tuesday as Ukraine tensions growPresident Joe Biden and Russian President Vladimir Putin will speak in a video call Tuesday, the Kremlin said, as tensions between the United States and Russia escalate over a Russian troop buildup on the Ukrainian border that's seen as a sign of a potential invasion.
5:33 a.m. Dec. 4, 2021
US intelligence finds Russia planning Ukraine offensivePresident Joe Biden has pledged to make it "very, very difficult" for Russia's Vladimir Putin to take military action in Ukraine as U.S. intelligence officials determined that Russian planning is underway for a possible military offensive that could begin as soon as early 2022.
3:51 a.m. Dec. 1, 2021
Putin demands guarantee that NATO won't expand farther eastPutin's statement came amid Ukrainian and Western worries about an alleged plan by Moscow to invade Ukraine.
3:30 a.m. Dec. 1, 2021
MI6 chief says British intelligence now considers China, Iran and Russia the top security threatsInternational terrorism joins the three countries among ‘big four’ security threats, says U.K. intelligence agency head Richard Moore.
11:57 a.m. Nov. 30, 2021
No dramatic change to U.S. worldwide footprint in wake of global posture review ordered in March by defense secretaryBiden administration increasingly concerned about countering China in the Asia-Pacific region and Russia in Europe.
8:34 a.m. Nov. 30, 2021
Putin warns NATO and U.S. that Ukraine encroachment is a ‘red line’ for RussiaU.S. Secretary of State Antony Blinken described it as a central element of the Russian playbook to manufacture a supposed provocation to justify an action it intended to take unilaterally.
9:26 a.m. Nov. 28, 2021
The Wild Ride of 2021 Home Prices
Home sales were hot in 2020, but got even hotter this year, based on National Association of Realtor numbers. For next year: probably lower growth and higher mortgage rates.
6:42 a.m. Nov. 27, 2021
English Channel migrant deaths: Smugglers net millions per kilometerThe price to cross the English Channel varies according to the network of smugglers, between 3,000 and 7,000 euros ($3,380 and $8,000) though there are rumors of discounts.
11:20 a.m. Nov. 26, 2021
Russia warned by U.S., NATO as military buildup stokes fear of Ukraine invasion‘This military buildup is unprovoked and unexplained,’ says NATO secretary-general, while Moscow denies that it's planning any invasion and refuses to provide details about troop movements.
12:00 a.m. Nov. 25, 2021
EM Central Banks Lead the Way on Tightening. Bond Investors Wait for Next Year.
A widening gap in interest rates could trigger a return to the carry trade and support for EM currencies. For now, raising rates is all about cooling inflation and waiting for the Federal Reserve to tighten.
11:57 a.m. Nov. 22, 2021
- By Vivien Lou Chen
Dow snaps three-day losing streak, Nasdaq retreats from record as Thanksgiving trading kicks offU.S. stock benchmarks end mixed Monday, with the Nasdaq Composite turning negative after establishing an early record to start a holiday-shortened week.
12:33 p.m. Nov. 17, 2021
Pentagon chief Austin calls on Russia to explain latest troop buildup near Ukraine"We're not sure exactly what Mr. Putin is up to," says Defense Secretary Lloyd Austin.
3:23 a.m. Nov. 17, 2021
- By Ciara Linnane
Pfizer and Moderna announce moves to help get vital COVID medicines to low-income countries, and Arkansas joins U.S. states expanding booster program to all adultsPfizer and Moderna announced moves early Tuesday that will support the effort to get vital medicines to lower-income countries to help them battle COVID-19, securing supplies of the former's antiviral treatment and the latter's vaccine.
2:54 a.m. Nov. 17, 2021
- By Peter Morici
Instead of standing up to Russia and China, Biden appeases themI can’t wait to hear President Biden proclaim, “social justice in our times.”
12:39 p.m. Nov. 16, 2021
Cybersecurity researchers tie Belarus to long-running hybrid warfare campaign against NATO member neighborsThe researchers say they have uncovered evidence that Belarus has been involved in a hybrid hacking and disinformation campaign against Eastern European NATO members since 2016 that aimed to sow discord in the military alliance, steal confidential information and spy on dissidents.
3:45 a.m. Nov. 16, 2021
German agency suspends approval process for natural gas Russia pipelineGermany's network regulator said Tuesday that it has suspended its procedure to certify the operator of a new pipeline that would bring Russian gas to the country under the Baltic Sea because of an issue with the company's status under German law.
3:09 a.m. Nov. 16, 2021
Biden and China’s Xi Hold Three-Hour Virtual Meeting
While cordial, issues over trade, human rights, and Taiwan showed that conciliation may not be easy.
4:21 a.m. Nov. 12, 2021
- By Barbara Kollmeyer
Doubting that we could be in a stock-market bubble? Here's the chart you need to see.Our call of the day from JonesTrading's chief strategist Michael O'Rourke says investors are ignoring history and a stock-market bubble that's bound to burst.
4:06 p.m. Nov. 11, 2021
Russian envoy says Moscow won't invade Ukraine -- unless provokedRussia’s deputy U.N. ambassador said Thursday that Moscow will never invade Ukraine unless it is first provoked by its neighbor or someone else, then cited what he called many threats from Ukraine and provocative actions by U.S. warships in the Black Sea.
7:55 a.m. Nov. 11, 2021
- By Myra P. Saefong
Why prices for wheat have climbed to their highest level since 2012Wheat prices have climbed above $8 a bushel for the first time in nearly nine years, with demand for the commodity rising and supplies expected to end the 2021-2022 marketing year at their lowest in more than a decade.
12:30 a.m. Nov. 11, 2021
Higher Wheat Prices Lead to Rising Bread Costs
The price of a 1-pound pan of white bread was $1.58 in September, about 6% higher than a year ago, according to the Federal Reserve Bank of St. Louis.
10:00 a.m. Nov. 9, 2021
San Francisco Bay Area man facing Jan. 6 riot charges seeks asylum in BelarusProsecutors say a MAGA-hat-wearing Evan Neumann of Mill Valley, Calif., threatened one law-enforcement officer that police guarding the Capitol would be overrun by the pro-Trump crowd.
1:17 a.m. Nov. 9, 2021
- By Ciara Linnane
U.S. reopens to vaccinated travelers from 33 countries after 18 months, as global tally of COVID-19 cases tops 250 millionThe global tally of confirmed cases of the coronavirus-borne illness COVID-19 topped 250 million on Monday, according to data aggregated by Johns Hopkins University, as the U.S. reopened to vaccinated travelers from 33 countries after 18 months of restrictions.
3:50 a.m. Nov. 4, 2021
COP26 countries pledge to phase out climate culprit coalSeveral major coal-using nations have pledged for the first time to phase out their use of the heavily-polluting fossil fuel or to speed up existing plans to do so, while others announced commitments to end investment in new coal-fired power plants.
5:51 a.m. Nov. 3, 2021
- By Weston Blasi
Russia joins 'very high' risk areas the CDC says to avoid during the pandemicThe CDC recommends all international travelers be fully vaccinated against COVID-19 before making travel plans.
2:15 a.m. Oct. 28, 2021
Natural gas prices tumble in Europe after Putin orders Gazprom and others to fill up EU storagesEurope's gas prices have soared in recent weeks amid strong demand in Asia driven by the economic recovery from the pandemic and due to depleted European Union stocks from a cold winter.
9:49 a.m. Oct. 26, 2021
- By Ciara Linnane
FDA committee meets on COVID-19 vaccines for young children, and White House outlines new rules for travelers to U.S.The global tally of confirmed cases of the coronavirus-borne illness COVID-19 topped 244 million on Tuesday, as a U.S. Food and Drug Administration advisory committee gathered to discuss and vote on whether to recommend the Pfizer/BioNTech vaccine for children aged 5 to 11.
7:05 a.m. Oct. 26, 2021
- By Katherine Wiles
CDC adds Ukraine to its list of riskiest places to travelUkraine joins the CDC's 'Level 4' category, meaning the country is considered a 'very high' risk for travel
10:50 a.m. Oct. 22, 2021
Giuliani associate Lev Parnas convicted of illegal-campaign-contribution chargesOne part of the case alleged that Parnas and an associate made illegal donations through a corporate entity to Republican political committees in 2018, including a $325,000 donation to America First Action, a super PAC supporting former President Donald Trump.
9:28 a.m. Oct. 22, 2021
Orthodox Church's top patriarch to meet with Biden during a 12-day visit to U.S.The spiritual leader of the world’s 200 million Eastern Orthodox Christians brings an agenda spanning religious, political and environmental issues to a 12-day U.S. visit beginning Saturday that includes a meeting with President Joe Biden and various ceremonial and interfaith gatherings.