BUSINESS

The dollar surged to a more than two-year high on Friday, continuing to draw support from Federal Reserve Chair Jerome Powell's comments on Thursday that seemed to back a half a percentage point tightening at next month's policy meeting, as well as his remarks on a likely consecutive rate hikes this year.

South Korea's economic growth likely slowed significantly in the first quarter as restrictions imposed to prevent the spread of COVID-19 slammed the brakes on consumer spending, a Reuters poll found.

A Florida bill that would eliminate the special tax district that gives the Walt Disney Co the ability to govern its theme parks won approval from lawmakers on Thursday, sending the legislation to Governor Ron DeSantis for his signature.

SpaceX signed its first deal with an air carrier to provide in-flight wireless internet using the Starlink satellite network, the space company said on Thursday as it jockeys with other burgeoning satellite firms to put high-speed internet on commercial airlines.

McDonald's Corp on Thursday said Carl Icahn's call for the fast food chain to stop buying pork from suppliers that house the animals in crates would be logistically unfeasible and prohibitively expensive.

Barbie releases the new The Queen Elizabeth II doll to celebrate her 96th birthday and 70-year anniversary as queen.

All major averages closed sharply lower, reversing early gains, with the tech-heavy NASDAQ and the Russell 2000 suffering the most significant losses.

WHO 'strongly recommends' Pfizer's Covid pill

Tiny Bronte book, unseen for a century, goes on sale in New York

Turkish opposition leader's flat goes dark over unpaid bills

The Insignia air fryers and air fryer ovens were sold between 2018 and 2022 in the U.S. and Canada at Best Buy.

Russia slaps travel ban on Kamala Harris, Zuckerberg

Shattered evacuees emerge from Ukraine's Mariupol

Snap Inc on Thursday forecast a rosy outlook for user growth on its Snapchat app, but said supply-chain disruptions and inflation could continue to hurt advertising demand.

Snap Inc reported better-than-expected first-quarter user growth on Thursday while it missed expectations on revenue, as the parent company of Snapchat said supply-chain disruptions and the invasion of Ukraine hurt advertising demand.

A White House adviser on Thursday suggested the United States could lower tariffs imposed on a host of non-strategic Chinese goods such as bicycles or apparel to help combat inflation.

Johnny Depp grilled about drug, alcohol use at defamation trial

China has committed to joining Zambia's creditor committee, International Monetary Fund managing director Kristalina Georgieva said on Thursday, amid complaints from Zambia's finance minister about delays to its debt restructuring.

The Rite Aid takeover bid from Spear Point Capital Management was well above its market capitalization.

Portuguese man detained over Beirut blast

CNN to close streaming service after one month

After barely a month of existence, CNN announced that its streaming service CNN+ will be coming to an end.

Musk says he has financing to take Twitter buyout bid to investors

HBO Max’s subscriber count has surged in the first quarter of 2021

U.S. Treasury Secretary Janet Yellen and a top White House adviser called for major reforms at the World Bank on Thursday, saying the seven-decade-old multilateral development bank was not built to address multiple and overlapping global crises.

The captain of the Royal Caribbean cruise ship announced to passengers that “a boat bounced into us on our stern.”

MoneyGram International Inc was sued on Thursday by two regulators that said it repeatedly and unfairly violated a federal rule designed to make it easier for people to send money to friends and family outside the United States.

Google makes cookie opt-out easier after France fine

Rapid expansion has helped Tesla scale up its operations, strengthening its competitive advantage, evidenced by a record 19% operating margin. That's more than twice the operating margins of Ford and General Motors, and Wall Street has noticed.