Colonel General Oleksandr Syrskyi, commander-in-chief of Ukraine’s armed forces. Valentyn Ogirenko | Reuters Ukraine’s top military general warned Saturday that the battlefield situation in the east of the country, which continues to be the epicenter of the fiercest fighting in Ukraine, has deteriorated sharply. “The situation on the eastern front has significantly worsened in recent...
If you’re a digital nomad or a remote worker looking for your next home away from home, consider Italy. The country’s new digital nomad visa went into effect his month, according to Euronews. Italy’s government defines digital nomads as a citizen of non-EU states who carry out “a highly qualified work activity with the use...
RobertCrum | Getty Images DETROIT – Skyrocketing auto insurance costs helped contribute to inflation accelerating at a faster-than-expected pace in March and are adding to the ever more expensive costs for U.S. vehicle owners. On a monthly basis, car insurance prices as part of the consumer price index rose by an unadjusted 2.7%, while the...
The consumer price index accelerated at a faster-than-expected pace in March, pushing inflation higher and likely dashing hopes that the Federal Reserve will be able to cut interest rates anytime soon. The CPI, a broad measure of goods and services costs across the economy, rose 0.4% for the month, putting the 12-month inflation rate at...
Jakub Porzycki | Nurphoto | Getty Images PARIS — Issuers of spot bitcoin exchange-traded funds on Tuesday say the U.S. Securities and Exchange Commission is unlikely to approve such a product for the cryptocurrency ether. The regulator has a late May deadline to conclude its review on an ether ETF. That comes after the SEC in March...
Aytac Unal/ | Anadolu | Getty Images Trump Media shares dropped more than 10% in early trading Monday, putting its market capitalization to just below $5 billion. DJT‘s plunge followed a 12% decline in its share price on Friday. Trump Media, which owns the Truth Social app used by its biggest shareholder, former President Donald...
A Southwest Airlines Boeing 737 MAX 8 arrives at Daniel K. Inouye International Airport on January 20, 2024 in Honolulu, Hawaii. Kevin Carter | Getty Images A Southwest Airlines flight returned to Denver International Airport Sunday morning after a Boeing engine cowling fell off the plane and struck a wing flap during takeoff, the Federal...
For years now, people around the world have been captivated by Sicilian towns selling off abandoned homes starting at 1 euro, or roughly $1.08. Several hundred homes have been sold to curious and ambitious renovators, including Meredith Tabbone, 44, of Chicago. She learned in 2019 that a town called Sambuca di Sicilia was auctioning off...
The mammoth integration of failed bank Credit Suisse into its former rival UBS will act as a “case study,” UBS CEO Sergio Ermotti said Friday, one that will show that big bank mergers should be allowed. “It’s going to be a case study to be evaluated globally, but also particularly in Europe, where eventually the...
Paramount Global‘s stock slumped 8% on Thursday after CNBC’s David Faber reported the company would need to raise as much as $3 billion in new equity if it were to merge with David Ellison’s Skydance Media, according to sources familiar with the deal. This deal comes as media mogul Shari Redstone, the controlling shareholder of...