Stocks slid Friday after a slate of earnings beats from big banks fueled concerns that the Federal Reserve will raise interest rates at its next two meetings. Still, the major indices gained for the week. The Dow rose 400 points, or 1.2%. The S&P 500 gained 0.8% and the Nasdaq Composite advanced 0.3%. JPMorgan Chase…
Police in San Francisco arrested a suspect on Thursday morning over last week’s stabbing death of Cash App creator and fintech pioneer Bob Lee, authorities said. San Francisco Police Chief Bill Scott told reporters at an afternoon news conference that Nima Momeni, 38, was arrested at his home in Emeryville, a suburb between Oakland and…
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Washington, DC CNN — Spending at US retailers fell in March as consumers pulled back after the banking crisis fueled recession fears. Retail sales, which are adjusted for seasonality but not for inflation, fell by 1% in March from the prior month, the Commerce Department reported on Friday. That was steeper than an expected 0.4%…
CNN — This is it. The media defamation trial of the century is on the precipice of kicking off in Wilmington, Delaware, in just days. Jury selection in Dominion Voting Systems’ monster $1.6 billion defamation lawsuit took place all of Thursday, with 300 potential jurors being summoned to court. Good progress was made and the…
CNN — When customers at Silicon Valley Bank rushed to withdraw billions of dollars last month, venture capitalist Arlan Hamilton stepped in to help some of the founders of color who panicked about losing access to payroll funds. As a Black woman with nearly 10 years of business experience, Hamilton knew the options for those…
A drug approved by the FDA over two decades ago for use in medical abortions and miscarriages is at risk of being pulled from the market after a decision by a Trump-appointed federal judge in Texas on Friday. However, a second federal judge in Washington state issued a competing ruling that would prohibit the FDA…
CNN — Paul Templer was living his best life. He was 28 and conducting tours in his native Zimbabwe, with a focus on photographic safaris. He had been away for a few years, including a stint in the British army. But he had returned to Africa’s bush country “and fell back in love with it….
The lip glosses of my youth — typically thick and formulated with sticky waxes — were absolute magnets for crumbs and hair and felt extremely gloopy on. Anyone who has worn a traditional lip gloss has most likely done so because of the high-shine pay off, not because the texture was particularly pleasant to wear. …
Editor’s Note: This story was updated with the final sale price and other details following the auction. CNN — In 1998, Michael Jordan laced up a pair of his iconic black and red Air Jordan 13s to bring home a Bulls victory during Game 2 of his final NBA championship — and now they are…
