We’ve detected you are on Internet Explorer. For the best Barrons.com experience, please update to a modern browser. We’ve detected you are on Internet Explorer. For the best Barrons.com e...
Tag: Politics
Musk says Beijing doesn’t want him to sell Starlink in China: FT report
Elon Musk told the FT that Beijing doesn’t want him to sell his Starlink satellite internet service in China. In this picture, Musk speaks about Starlink at Mobile World Congress in June 2021. N...
Venezuela’s U.S. Creditors Take Small Comfort From Sanctions Relief
Venezuela’s creditors welcomed its potential rapprochement with the U.S. but still face risks and uncertainties in collecting from the South American country’s bankrupt government as its relations wit...
Oil Prices Set for Biggest Weekly Increase Since March Following OPEC Cut
Oil prices on Friday were on track for their biggest weekly increase since March, as OPEC’s planned production cut heightened tension with the U.S. government over energy supplies heading into winter....
Heat wave crisis in Europe grows as locals lack air conditioners
Europe is facing a tough winter, as inflation and energy prices continue to rise. The continent also faces tough decisions following its scorching hot summer Heat waves in Europe broke records, sparke...
The Bad Year of Chipmakers AMD, Nvidia and Intel Turns Into a Nightmare
It’s a bad dream that slowly turned into a nightmare. And this nightmare doesn’t seem to want to end. The year 2022 has been a painful journey for semiconductor manufacturers. Following...
Exxon Improperly Fired Scientists Suspected of Sharing Information, Labor Department Finds
Listen to article (2 minutes) The Labor Department said it found Exxon Mobil illegally fired two company scientists over suspicions they shared information with The Wall Street Journal about concerns ...
OPEC Just Put a New Floor on Oil Prices. Politics Could Break It.
Text size Top oil producers agreed on a major cut in production to boost crude prices, a move denounced by the U.S. Frederic J. Brown/AFP via Getty Images OPEC’s latest controversial decision to cut p...
Covid vaccines prevented at least 330,000 deaths among U.S. seniors in 2021
Covid vaccines prevented at least 330,000 deaths and nearly 700,000 hospitalizations among adult Medicare recipients in 2021, the Health and Human Services Department said in a new report published Fr...
U.S.-China tensions could ‘supercharge’ China’s innovation: JPMorgan
An employee works on the production line of semiconductor wafer at a factory of Jiangsu Azure Corporation Cuoda Group. China has stepped up investment into its chip industry in a bid to be self-relian...
Here’s where the jobs are for September 2022
Job growth remained strong overall in September, but declines in several sectors led to a slowdown compared to hot readings during the summer. Leisure and hospitality was the standout sector, growing ...
Cannabis company Canopy applauds Biden marijuana pardons, stock surges
Canopy Growth operations in Smiths Falls, Ontario. Tom Franck | CNBC Canopy Growth applauded President Joe Biden’s announcement Thursday that he will pardon thousands of people convicted of mari...
Ukraine joins Spain and Portugal’s joint bid to host 2030 World Cup
Soccer Football – Carabao Cup Final – Chelsea v Liverpool – Wembley Stadium, London, Britain – February 27, 2022 Liverpool fan with the big screen in the background in support ...
UK’s Liz Truss pledges tax-cutting future in speech plagued by protest
Prime Minister Liz Truss is seeking to rally MPs around her her tax-cutting policies following political infighting and market turmoil. Jacob King | Pa Images | Getty Images LONDON — British Prime Min...
He nailed three big S&P 500 moves this year. Here’s where this strategist sees stocks headed next, with beaten down names to buy.
A Wall Street hat trick may not be on the cards, with stocks in the red for Wednesday. A two-day rally was never a guaranteed exit out of the bear woods anyway, as some say signs of a durable bottom a...
Europe made a mistake with Russian energy, now it needs to spend big
U.S. Senator Chris Murphy on Tuesday criticized Europe’s overreliance on Russian energy, saying it had come at a heavy cost and called on the region to start investing heavily in alternative sup...
Trump Files Defamation Lawsuit Against CNN, Seeking $475 Million
Former President Donald Trump filed a defamation lawsuit Monday against CNN, accusing the network of engaging in a smear campaign against him in the lead-up to the 2024 presidential race. Mr. Trump’s ...
Trump files $475 million lawsuit against CNN, claiming defamation
NEW YORK — Former President Donald Trump on Monday sued CNN, seeking $475 million in damages, saying the network had defamed him in an effort to short-circuit any future political campaign. The lawsui...
Supreme Court won’t hear MyPillow CEO Mike Lindell’s defamation case
WASHINGTON (AP) — The Supreme Court says it won’t intervene in a lawsuit in which Dominion Voting Systems accused MyPillow chief executive Mike Lindell of defamation for falsely accusing the company o...
Joe Biden vows support for Puerto Rico’s Hurricane Fiona recovery
President Joe Biden offered his unwavering support for Puerto Rico’s recovery from Hurricane Fiona, even as Florida reels from Hurricane Ian. “We are not leaving here, as long as I’m...
If Hurricane Ian destroyed your home, take these critical first steps for disaster relief and insurance
The full financial and human price of Hurricane Ian’s destruction is still unknown, days after it lashed Florida, and now with the Carolinas fresh off its wrath. But even with the immediate search-and...
Search and rescue efforts underway in Florida after ‘catastrophic’ hurricane
An aerial picture taken on September 30, 2022 shows the only access to the Matlacha neighborhood destroyed in the aftermath of Hurricane Ian in Fort Myers, Florida. Ricardo Arduengo | AFP | Getty Imag...
Monkeypox unlikely to be eliminated in the U.S., CDC says
The monkeypox virus is unlikely to be eliminated from the U.S. in the near future, according to a report published by the Centers for Disease Control and Prevention this week. The CDC, in a technical ...
U.K. Prime Minister Liz Truss Admits Mistake in Communicating Economic Plan
LONDON—U.K. Prime Minister Liz Truss said that her government could have done a better job preparing financial markets for a surprise tax-cut plan funded by increased debt, but otherwise defended the ...
Brazil’s Election Is Almost Here. Get Ready to Buy Petrobras Stock.
Chocolate and peanut butter go together; falling oil prices and Brazilian political uncertainty most certainly do not. Yet Petrobras stock may still be worth buying. Yes, that sounds like a terrible i...
Opinion: This 401(k) bill opens the door to risky assets
Senators Pat Toomey, Tim Scott and Peter Meijer have just proposed a bill in Congress that would allow 401(k) plans to stretch beyond traditional investments like stocks and bonds. And when we say “be...