World’s two largest coal consumers won’t be weaning off the fossil fuel anytime soon

World’s two largest coal consumers won’t be weaning off the fossil fuel anytime soon

Man tending to sacks of coals. Dhiraj Singh | Bloomberg | Getty Images China and India’s growing economies will continue to fuel demand for coal even as they set ambitious renewable energy targets, according to experts. While China is the world’s largest energy consumer, India is ranked third globally, and both countries are the top…

House panels approve Hunter Biden contempt finding after president’s son crashes hearing

House panels approve Hunter Biden contempt finding after president’s son crashes hearing

Hunter Biden, son of U.S. President Joe Biden, sits with his attorney Abbe Lowell as he makes a surprise appearance at a House Oversight Committee markup and meeting to vote on whether to hold Biden in contempt of Congress for failing to respond to a request to testify to the House last month, on Capitol…

Blinken presses Israel on Gaza’s future; Netanyahu denies plan to displace Palestinians

Blinken presses Israel on Gaza’s future; Netanyahu denies plan to displace Palestinians

This live coverage has ended. For the latest updates, please go here. Secretary of State Antony Blinken met with Palestinian Authority President Mahmoud Abbas in Ramallah on Wednesday after encountering resistance in earlier meetings with Israeli officials over the treatment of Palestinians and a plan for Gaza’s future. After his own meeting with Blinken, Israeli…

Once-peaceful Ecuador enters a new era: ‘We are in a state of war’

Once-peaceful Ecuador enters a new era: ‘We are in a state of war’

Comment on this storyComment Add to your saved stories Save QUITO, Ecuador — This country was once a relatively peaceful haven in South America, wedged between neighbors often racked by armed conflict and guerrilla violence. On Wednesday, Ecuador’s president, Daniel Noboa, declared that his nation was entering a new era: “We are in a state…

Avoid these possible earnings blowups as reporting season begins, Wolfe Research says

Avoid these possible earnings blowups as reporting season begins, Wolfe Research says

There are some names this upcoming earnings season investors may want to steer clear from, according to Wolfe Research. The reporting period kicks off in earnest Friday, with JPMorgan Chase , Bank of America and Citigroup among the companies slated to post fourth-quarter results. Data from FactSet shows that S & P 500 earnings are…

Trump refuses conditions for fraud trial closing argument, won’t be allowed to speak

Trump refuses conditions for fraud trial closing argument, won’t be allowed to speak

Former U.S. president and Republican presidential hopeful Donald Trump departs after speaking during a Commit to Caucus rally at the North Iowa Events Center in Mason City, Iowa, on Jan. 5, 2024. Christian Monterrosa | AFP | Getty Images Donald Trump has been barred from personally making a closing argument at his New York civil…

Stock market doesn’t bottom until after the Fed starts cutting rates, charts show

Stock market doesn’t bottom until after the Fed starts cutting rates, charts show

As stocks try to regain their footing after a rough start to 2024, history suggests there could be further choppiness ahead. All three major averages are down to start the year. A powerful rally at the end of 2023, following a dovish pivot from the Federal Reserve, has investors worrying that stocks were overbought. So…

Gabriel Attal becomes France’s youngest prime minister in modern history

Gabriel Attal becomes France’s youngest prime minister in modern history

PARIS, FRANCE – DECEMBER 20: French Education Minister Gabriel Attal during the weekly cabinet meeting at the presidential Elysee Palace on December 20 2023 in Paris, France. (Photo by Christian Liewig – Corbis/Getty Images) Christian Liewig – Corbis | Corbis News | Getty Images French President Emmanuel Macron on Tuesday named Gabriel Attal as the…

UAE defies fintech slowdown with a 92% jump in funding — against a global plunge of 48%

UAE defies fintech slowdown with a 92% jump in funding — against a global plunge of 48%

Europe’s fintech sector is fiercely competitive, with privately-held start-ups worth tens of billions of dollars vying to steal market share from incumbent banks. Oscar Wong | Moment | Getty Images The fintech industry saw more pain in 2023, with overall investment falling by half as higher interest rates and worsening macroeconomic conditions caused investors to…