US rallies global allies to help Ukraine repel Russia – POLITICO

Press play to listen to this article It’s not quite the Coalition to Defeat Putin just yet — and the name is admittedly tame if not lame: the Ukraine Defense Consultative Group. Still, if the US ends up forming a global alliance to actively fight against Russia, the roughly 40 countries convened by US Defense … Read more

North Korea’s Kim Jong Un vows full speed ahead for nuclear program, as he flaunts ICBM missiles

Seoul, South Korea CNN — North Korean leader Kim Jong Un vowed on Monday to ramp up his development of nuclear arms, as a military parade in Pyongyang showcased the country’s most advanced weaponry yet – including an intercontinental ballistic missile experts say puts the entire US mainland in range. The country would “strengthen and … Read more

EU celebrates, and frets, over Macron’s victory – POLITICO

No need for any more conferences: Emmanuel Macron is the future of Europe. With his decisive electoral victory over right-wing challenger Marine Le Pen on Sunday, Macron not only clinched five more years as president of France but also secured his place — for better or worse — at the center of EU decision-making through … Read more

No chill: Netflix shares drop 39% after massive subscriber loss | Business and Economy News

The streaming service shocked Wall Street by losing 200,000 customers in the first quarter. By Subrat PatnaikBloomberg Published On 20 Apr 202220 Apr 2022 Netflix Inc. tumbled 39% on Wednesday, extending a selloff that has set it on course for a $60 billion wipeout in market value, after it reported a sharp decline in its … Read more

Tesla profits surge as EV maker races past rising material costs | Automotive Industry News

Shares of Tesla rose 4 percent after the close of regular trading. Tesla Inc surged past Wall Street estimates for quarterly revenue and profit on Wednesday, as the electric vehicle (EV) maker raised prices in response to inflation, offsetting the impact of a Shanghai factory shutdown. Tesla has been an outlier since the outbreak of … Read more

How ‘cash stuffing’ is helping TikTok creators beat inflation, pay debt

As news of soaring gas prices splashed across headlines, Yasmine Camilla saw her energy bill double “almost overnight.” Filling up the tank now costs 30% to 40% more, she says. But this rising cost of living is something she would never have noticed eight months ago. “I had always just filled up my car when … Read more

How to manage your pension while inflation soars

brianajackson | Istock | Getty Images As inflation soars to record highs, retirement savings are feeling the pinch, making it even more important to make sure yours is working for you. US inflation rose 8.5% annually in March to hit a fresh 40-year high as the war in Ukraine pushed up energy costs, the latest … Read more

Elon Musk offers to buy Twitter, says it needs to be transformed | Business and Economy News

Offer comes after Musk, who owns nine percent of Twitter’s shares, said he will not be joining the company’s board of directors. Elon Musk is offering to buy Twitter. The revelation on Thursday came just days after the Tesla CEO said he would no longer be joining the social media company’s board of directors. Twitter … Read more

‘An execution’: Patrick Lyoya’s family demands justice | Black Lives Matter News

Patrick Lyoya was “executed” by police, the 26-year-old Black man’s family and supporters have said, a day after authorities in the US state of Michigan released video footage showing an officer shoot Lyoya in the head as he was face down on the ground. Lyoya, whose family is originally from the Democratic Republic of the … Read more

Investors watch inflation, monetary policy

LONDON — European markets pulled back slightly on Monday to begin a week of key central bank meetings and US inflation prints. The pan-European Stoxx 600 was down 0.2% around an hour into trading, having earlier slid more than 0.7%. Tech stocks slide 1.3% to lead losses while banks jumped 1.2%. Societe Generale led the … Read more