European stocks hit over one-week high on Tuesday, as Omicron fears somewhat subsided and the People’s Bank of China released about 1.2 trillion yuan ($188 billion) of liquidity into the financial system via a cut in the reserve requirement ratio for most banks. Sentiment was also boosted after data showed […]

Louisville, Kentucky -based GE Appliances, owned by Chinese home appliances company Haier, is recalling to repair free-standing and slide-in electric and gas ranges due to tip-over risk, the U.S. Consumer Product Safety Commission announced. The recall involves about 132,000 units of electric and gas ranges sold in the United States. […]

Vaccine mandates continue to be a divisive topic of debate. Many parts of the world are grappling not only with the delta variant but concerns over the spread of omicron, a mutation of the virus whose risk profile remains largely unknown. The WHO's Europe Director Dr Hans Kluge said Tuesday […]

Jussie Smollett was found guilty of five counts of disorderly conduct stemming from a January 2019 incident in which the actor alleged he had been attacked because of his race and sexual orientation. A Chicago jury reached guilty verdicts on five of six charges against Jussie Smollett Thursday. The former […]

Coca-Cola CEO James Quincey, a 25-year veteran of the company, has been hearing it from disgruntled niche beverage fans. “I got a lot of emails about Tab,” Quincey told CNN Business. The complaints follow a striking decision Quincey made last year to slash the company’s portfolio of products in half […]

A least 15 states in the United States have so far reported the Omicron variant of the coronavirus. The number is likely to rise further in the coming weeks, but the Delta variant remains the major threat, according to the country’s top health officials. “We know we have several dozen […]

Labor Department’s monthly jobs report might get special attention on Friday. The latest view that the new Omicron Covid-19 variant might be milder than previous strains and existing vaccines will be effective against the latest strain is adding hope across the world. Asian shares are trading mixed, while European shares […]

Home prices surged 14.6% in April, the largest increase in more than three decades, according to the S&P CoreLogic Case-Shiller property value index. It was the 11th straight month home prices had increased. The increase was partly the result of Americans seeking to move after experiencing the COVID-19 lockdowns.  However, […]

After moving mostly higher early in the session, stocks have seen further upside over the course of the trading day on Monday. With the strong upward move, the Dow and the S&P 500 have more than offset the drops seen last week. Currently, the major averages are just off their […]

Cats are second only to dogs in terms of popular pets in the U.S. According to the American Veterinary Medical Association, almost 32 million households have cats. Being a cat owner can be expensive. A pedigree kitten can cost between $200 and $2,000. The ASPCA reports that the cost to […]