When it comes to investments, it’s not unusual for traditional assets, like stocks or bonds, to experience major fluctuations — especially during times of economic uncertainty. That’s not always a bad thing, though. For example, when fluctuations occur within the stock market, it can present an excellent opportunity to grow the value of your portfolio, provided that you make the …
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Twelve accusers of Jeffrey Epstein, the sex offender and billionairewhose trafficking charges made international headlines, sued the FBI for failure to protect them, according to a complaint filed Wednesday in federal court in the Southern District of New York. The lawsuit, which was filed under the pseudonym Jane Doe to protect the plaintiffs’ identities, alleges the FBI had specific information …
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News that an elderly man in Alaska has died from Alaskapox — the first known fatality, according to state health officials — has brought newfound attention to the recently discovered virus. The man, who lived in the remote Kenai Peninsula and had a suppressed immune system due to cancer treatments, was hospitalized in November and died in late January, according …
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A top question on the minds of investors and consumers alike is when might the Federal Reserve make its first interest rate cut after two years of rapid hikes, which have sent mortgage and credit card rates soaring. But after Tuesday’s hotter-than-forecast inflation report, economists have a partial answer: Expect to wait longer. Even before Tuesday’s inflation data, the Federal …
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Washington — Special counsel Jack Smith urged the Supreme Court on Wednesday to allow a lower court decision rejecting former President Donald Trump’s claim he is immune from federal prosecution to take effect, clearing the way for his trial in the case involving the 2020 presidential election to proceed. In a 40-page filing with the Supreme Court, the special counsel …
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The fur is flying in a legal dispute between two rival toymakers. Kelly Toys, the Berkshire Hathaway-owned company behind the popular Squishmallows stuffed toy, is suing Build-A-Bear, alleging the company rips off its mega-popular design. Kelly Toys claims Build-A-Bear’s recently launched Skoosherz line copies its own products, including using “same distinctive trade dress,” according to a lawsuit filed Monday in …
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New York City — At New York’s John F. Kennedy International Airport last month, Elissa Montanti waited patiently for a flight coming in from Cairo carrying 5-year-old Omar Abukwaik. Montanti, founder and director of the Global Medical Relief Fund, had to cut through red tape to get Abukwaik to the U.S. — a frightened boy in desperate need of medical …
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After winning Super Bowl LVIII,not to mention attracting feverish interest inhis romantic relationship with Taylor Swift, Travis Kelce is setting his sights on Hollywood. The Kansas City Chiefs tight end is making his foray into the movie business as executive producer on “My Dead Friend Zoe,” an independent film set to premiere at the South by Southwest film festival in …
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Polar bears, unable to thrive on land in Canada’s Hudson Bay, are facing greater risk of starvation as Arctic ice melts and they endure longer ice-free seasons, researchers said. In a study published Tuesday in the journal Nature Communications, researchers said they’d hoped polar bears might adapt to longer ice-free seasons by behaving like their grizzly bear relatives. The 20 …
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What a difference a zero can make. Lyft shares enjoyed a short-lived pop after Tuesday’s closing bell, surging as much as 67% after the company issued an outlook mistakenly projecting that its margins would expand an astounding 500 basis points. Less than an hour later, the ride-sharing provider offered that the estimate had missed the mark — by a lot, …
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