Author: News Room

Zelenskyy awards Muslim soldiers, breaks Ramadan fast with themUkrainian President Volodymyr Zelenskyy honored Muslim soldiers before sharing iftar — the breaking of the daily fast during the holy Islamic month of Ramadan — with them.”Today, we’ll found a tradition new to Ukraine: Iftar on an official level, together with our Muslim warriors, our heroes, that are here today,” he said, according to an NBC News translation. Zelenskyy used the awards ceremony to call for the liberation of Crimea, which was annexed by Russia in 2014.The Ukrainian population is predominantly Orthodox Christian, and Muslims make up about 1% of the population.…

Wall Street expects a weak first-quarter earnings season, which kicks off next week with results from JPMorgan Chase (JPM) and other major U.S. banks. But more than a dozen Club holdings, including Amazon (AMZN) and Caterpillar (CAT), are projected to buck the trend and grow profits. First-quarter earnings per share for the S & P 500 are set to decline by 7% compared with the year-ago period, Goldman Sachs said in a note to clients Wednesday. That would be a “significant deterioration” from the 1% decline in the broad index’s fourth-quarter EPS , the firm said, and the largest year-over-year…

In the week ahead, investors will confront new inflation data and the beginning of earnings season, while also keeping an eye on the Federal Reserve’s potential plans for interest rates at their early May meeting.How might this affect the selection of the best cryptos to buy now?This coming week, the focus turns to two key inflationary indicators from the Labor Department: the Consumer Price Index (CPI) and the Producer Price Index (PPI).The inflation numbers will likely influence the Fed’s next move, but Wall Street is divided on whether interest rate hikes will persist.On Wednesday, the Federal Reserve is set to…

Tesla cut prices in the United States between 2% and nearly 6%, its website showed on Thursday, as the company extends a discount drive on its electric vehicles that analysts caution could hurt profitability.The fifth such cut in Tesla’s largest market since the start of the year comes as the United States prepares to adopt tougher standards this month that are expected to limit EV tax credits.Tesla cut prices on both versions of its Model 3 sedan by $1,000 and on its Model Y crossover by $2,000, the website showed. It also cut prices on both versions of its more…

While most home prices have doubled in the last 25 years, property owners in some cities have struggled to gain value — especially in Illinois.Out of the 400 U.S. metropolitan areas ranked by home-price growth since 1998, six Illinois cities are in the bottom 15, according to a recent SmartAsset study.On average, home values in the U.S. grew by 154% from the first quarter of 1998 through the fourth quarter of 2022, according to the study. However, the 15 bottom-ranked cities averaged only 66% price growth over that quarter century.Montgomery, Alabama, is the worst city for growth, with prices rising…

A pair of conflicting federal court rulings on Friday created arguably the most contentious and chaotic legal flashpoint over abortion access since the Supreme Court’s ruling last summer that overturned Roe v. Wade and ended the right to an abortion nationwide. Read the full article here

The IRS on Thursday released a plan for the nearly $80 billion in agency funding enacted through the Inflation Reduction Act in August — including expected boosts for customer service, technology and enforcement.”Now that we have long-term funding, the IRS has an opportunity to transform our operations and provide the service that people deserve,” IRS Commissioner Danny Werfel told reporters on a press call.Aligned with priorities outlined by Treasury Secretary Janet Yellen in August, the plan aims to improve several areas of taxpayer service, including a five-year timeline to digitize the filing process and the ability to respond to all…

Demand for bond ETFs appears to be rising.According to MarketAxess CEO Chris Concannon, there are signs Treasury ETFs are on the cusp of substantial inflows.”We’re about to see what I’d call [a] bond renaissance,” the electronic-trading platform CEO told CNBC’s “ETF Edge” this week. “The Fed is still taking action, so I would expect bond yields overall to remain relatively high and attractive.”In late March, the Federal Reserve raised rates by a quarter point — its ninth hike since March 2022. Next Wednesday, Wall Street will get the Fed minutes from the last policy meeting and more clarity on what…

Every relationship has its rough patches. But what really matters is how you and your partner interact on a regular basis.As a Harvard-trained psychologist, I’ve found that the happiest couples don’t avoid conflict — they navigate it by speaking to each other with appreciation and respect. Unfortunately, I’ve seen a lot of marriages end due to poor communication and an unwillingness to change.So if you use any of these phrases with your partner, your relationship is more successful than most others:1. “I appreciate your effort.”It’s tempting to become overly focused on things you don’t like about your partner, and to…

For every massive hit like the Popeye’s chicken sandwich, the food industry produces countless duds.But not all swings-and-misses are created equal. Some are reviled by customers, while others don’t sell well enough to justify the millions that were sunk into their research and development.Samuel West has been curating these foods for the Museum of Failure, a traveling exhibition which most recently set up shop in Brooklyn’s Industry City in mid-March and will last until May 9.At the museum, visitors can see failed products ranging from the once-promising 3D TVs to the infamous MoviePass. But it’s the food section that has…