NBC News8 hours agoS&P 500 posts worst first half since 1970; Nasdaq falls more than 1% to end the quarterNBC News - Tanaya Macheel, CNBCStocks fell on Thursday, as the S&P 500 capped its worst first half in more than 50 years. The Dow Jones Industrial Average shed 279 points, or 0.9%, to 30,749.81. The S&P 500 slid 1.1% to 3,776.07, and the Nasdaq Composite pulled back by 1.6% to 10,997.60. Thursday marked the final day of the second …
NBC News14 hours agoBen & Jerry’s returns to Israel despite ice cream maker's objectionsNBC News - The Associated PressJERUSALEM — A new agreement in Israel will put Ben & Jerry’s ice cream back on shelves in annexed east Jerusalem and the occupied West Bank despite the ice cream maker’s protest of Israeli policies, according to Unilever, the company that owns the brand. The Vermont company, which has long backed …
NBC News15 hours agoCrypto tranfers would have to follow bank rules under new E.U. regulationsNBC News - The Associated PressEurope is preparing to lead the world in regulating the freewheeling cryptocurrency industry at a time when prices have plunged, wiping out fortunes, fueling skepticism and sparking calls for tighter scrutiny. The European Union took a first step late Wednesday by agreeing on new rules subjecting …
NBC News1 day agoMedieval Times theater plans union vote over pay and safety concernsNBC News - Phil McCauslandAll the king’s horses and all the king’s men on Tuesday called for the 40 actors, stunt performers and stable hands who work at a Medieval Times dinner theater in New Jersey to unionize. Medieval Times Performers United, a group of employees at the Lyndhurst, New Jersey theater, said it has …
NBC News1 day agoFederal Reserve Chair Jerome Powell signals tough inflation battle aheadNBC News - The Associated PressFederal Reserve Chair Jerome Powell said there’s “no guarantee″ the central bank can tame runaway inflation without hurting the job market. Speaking Wednesday at a European Central Bank forum in Sintra, Portugal, Powell repeated his hope that the Fed can achieve a so-called soft landing — raising …
NBC News1 day agoCheerios maker General Mills counts on home cooking to fight inflationNBC News - ReutersGeneral Mills attributed its estimate-beating quarterly results to higher pricing and signaled it was ready to take on surging costs as inflation-hit Americans eat at home more to save money. The Cheerios maker also raised its quarterly dividend, sending shares up 5.5% on Wednesday as demand for its …
