The three unidentified objects recently shot down by the US military weren’t sent by aliens, and they ...
The three unidentified objects recently shot down by the US military weren’t sent by aliens, and they probably weren’t spy balloons, either, the Biden administration claimed. Instead, they could have just been balloons “tied to some commercial or benign purpose,” John Kirby of the National Security Council said. We also learned that the first missile strike intended to bring down an object over Lake Huron on Sunday missed its target, but the second one hit.
Johnson & Johnson can no longer use bankruptcy to block a trial in California over claims its baby powder caused the deadly cancer of a 24-year-old man, a federal judge ruled Tuesday.
The World Health Organization said it will more than double funds for its earthquake response in Syria and Turkey.
US men who stop work at 60, on average, can expect a decade or less of healthy retirement while men in France look forward to more than 18 healthy years.
U.S. retail sales' 3% jump in January is fastest monthly pickup in 22 months
The numbers: Sales at U.S. retailers jumped 3% in January — the biggest increase in...
The numbers: Sales at U.S. retailers jumped 3% in January — the biggest increase in almost two years — as Americans flocked to the stores at the start of the new year. Retail sales are a big part of consumer spending and offer clues about the strength of the economy. Sales were forecast to rise 1.9%, based on a Wall Street Journal poll of economists.
Receipts increased a still-strong 2.6% if auto dealers and gas stations are excluded. Car and gasoline purchases exaggerate the ups and downs in overall retail spending. The sterling January report could help generate a better-than-expected increase in first-quarter gross domestic product.
At the same time, though, it could ramp up pressure on the Federal Reserve to keep raising interest rates to try to tame inflation. Strong economic growth tends to add to inflation pressures.
Key details: Sales of new vehicles and parts, an up-and-down category, jumped 5.9% last month. That’s the biggest increase in 22 months.
Oil prices slide as the US says it will sell millions more barrels of oil from its strategic reserve into the global market
Oil prices dropped Tuesday after the US announced plans to sell more inventory from its Strategic...
Oil prices dropped Tuesday after the US announced plans to sell more inventory from its Strategic Petroleum Reserve, adding to the global market's already-volatile crosscurrents in supply and demand.
Benchmark U.S. crude oil for March delivery fell $1.08 to $79.06 a barrel Tuesday. Brent crude for April delivery fell $1.03 to $85.58 a barrel.
Wholesale gasoline for March delivery fell 4 cents to $2.49 a gallon. March heating oilrose 3 cents to $2.94 a gallon. March natural gas rose 17 cents to $2.57 per 1,000 cubic feet.
Dow ends down over 150 points after inflation data; Nasdaq rises
U.S. stocks traded mixed on Tuesday afternoon, with the Nasdaq Composite and S&P 500 ticking into...
U.S. stocks traded mixed on Tuesday afternoon, with the Nasdaq Composite and S&P 500 ticking into positive territory as January’s consumer price index data revealed a seventh straight month of slowing inflation, but not as quickly as economists had expected.
The S&P 500 SPX, -0.03% was up 5 points, or 0.1%, at 4,142
The Dow Jones Industrial Average DJIA, -0.46% dropped 70 points, or 0.2%, to 34,176
The Nasdaq Composite COMP, 0.57% gained 62 points, or 0.5%, to 11,955
The Nasdaq Composite is up 13% so far in 2023 but remains roughly 25% off its record high touched in November 2021 and it’s 16% year over year.
