European stocks were broadly lower on Tuesday amid fears surrounding high inflation and interest-rate hikes. Bond yields jumped after a senior Fed official called for several more rate hikes to combat ballooning inflation. Eurozone inflation accelerated further in May on surging energy and food prices, flash data from Eurostat showed […]

A slight decrease has been recorded in the number of people getting infected with coronavirus and related deaths in the United States in the last fortnight. Cases have fallen by 7 percent and deaths by 14 percent in the last two weeks, New York Times’ latest tally shows. Cases are […]

European stocks may open flat to slightly lower on Tuesday as attention shifts to inflation and interest-rate hikes. German bund yields rose 8.1 bps overnight after data showed German consumer prices increased at their fastest pace in half a century, strengthening the case for a big, half a percentage point […]

Separate gunfire incidents in entertainment areas in the cities of Philadelphia, Pennsylvania and Chattanooga, Tennessee early Sunday morning resulted in six people dead and two dozen injured. Police are still looking for mulitple suspects in both shootings. In Philadelphia, the shooting occurred in a crowd gathered in the popular South […]

New York (CNN Business)Non-alcoholic alternatives to booze have been around for a while. But recently, the sector has been booming. For a long time “you had ‘near beer,’ which was kind of a joke,” said Duane Stanford, editor of Beverage Digest. “People would be discreet about drinking them. And now […]

Home prices in America have soared in the last year. Nationwide, prices have moved higher at a clip of about 20% compared to 2021. In some cities, the figure is above 30% or more. The increase in home prices has been driven by several factors. The first is low mortgage […]

Human-caused climate change is one of the biggest concerns the planet faces in the 21st Century. Renowned naturalist David Attenborough told the U.N. Security Council  in February 2021 climate change is “the biggest threat to security that modern humans have ever faced,” while a World Health Organization report from October […]

The chipset accounts for over 25%-30% of the cost of an average smart phone.Hence, a reduction in its price, device makers say, will make a huge difference to the cost of a phone. Consumers keen to pick up a 5G phone can expect some good news. Mobile device companies and […]

Under current Centers for Disease Control and Prevention guidelines, 13 of California’s 58 counties moved today into “high” levels of Covid and are supposed to require masks in indoor public spaces. They include some of the state’s most populous counties, like Santa Clara and Sacramento as well as some of […]

President Joe Biden called on Congress to ban assault weapons and high capacity magazines in an evening speech to address the wave of shooting massacres that have devastated communities across the country. His speech, carried by major broadcast and cable networks, seemed designed to rally public support for a series […]