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Israel-Hamas war
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Business
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Inflation
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Financial wellness
Americans’ reliance on credit cards is the key to Capital One’s bid for Discover
Americans have become increasingly reliant on their credit cards since the pandemic. So much so that Capital One is willing to bet more than $30 billion that they won’t break the habit.
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Amazon to be added to the Dow Jones Industrial Average, replacing Walgreens Boots Alliance
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FuboTV files lawsuit over ESPN, Fox, Hulu, Warner Bros. Discovery sports-streaming venture
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Ex-Yahoo CEO Marissa Mayer discusses the current tech scene from vantage point of her AI startup
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Stock market today: Asian stocks mixed after Tech stocks pull Wall Street lower with focus on Nvidia
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Topics
Financial Markets
China cuts key interest rate in the latest move to boost its ailing property sector
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Stock market today: Asian shares trade mixed after Wall Street was closed for a holiday
Stock market today: Wall Street falls to a rare losing week but remains close to its record
Stock market today: Asian shares track Wall Street rally as Japan’s Nikkei nears a record high
Financial wellness
Students and parents are frustrated by delays in hearing about federal financial aid for college
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How to keep yourself safe from romance scams this Valentine’s Day
Wealth disparities by race grew during the pandemic, despite income gains, report shows
Why now is a crucial time to pay off credit card debt
Economy
Consumer sentiment edges higher as economic growth accelerates and inflation fades
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Recession has struck some of the world’s top economies. The US keeps defying expectations
UK fell into recession at the end of 2023 as economy takes center stage in runup to general election
Japan slips into a recession and loses its spot as the world’s third-largest economy
Tech
Walmart to acquire smart TV maker Vizio for $2.3 billion in bid to boost its advertising business
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Putin says Russia has no intention of putting nuclear weapons in space, denying US claims
YouTube mom Ruby Franke apologizes at sentencing in child abuse case
Ransomware group LockBit is disrupted by a global police operation that includes 2 arrests
More news
South Korea orders striking doctors to return to work as their walkouts burden hospital operations
South Korea has officially ordered thousands of striking doctors to return to work immediately. By law, the order could lead the doctors to face legal punishment if they don’t end their walkouts, which have caused numerous cancellations of surgeries and other treatments at hospitals.
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Japan’s trade deficit dwindles as exports continue to grow
Japan’s exports have grown nearly 12% in January as shipments jumped in vehicles, auto parts and machinery.
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Executive is convicted of insider trading related to medical device firm acquisition
Prosecutors say an executive at a medical device company has been convicted in Minnesota of insider trading for a scheme involving negotiations for the acquisition of the firm that was valued at $1.6 billion.
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Man arrested after setting off homemade firework near Southern California shopping center
A man has been arrested after allegedly setting off a homemade firework near a Southern California shopping center.
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Trinidad hires foreign experts to help contain oil spill and remove capsized barge
The government of Trinidad and Tobago says it is partnering with international experts to remove the wreckage of a barge that capsized in nearby waters and caused a major oil spill.
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Man accused of killing wife sentenced in separate case involving sale of fake Andy Warhol paintings
A Massachusetts man charged with killing his wife has been sentenced to more than three years behind bars in an unrelated art fraud case.
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Unions oppose plan to move NBA, NHL teams to northern Virginia, another blow to Youngkin-backed deal
Influential labor groups now say they are opposing efforts to move two professional sports franchises from the nation’s capital to northern Virginia, partially due to the apparent inability to reach a satisfactory deal for union workers on the construction projects.
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Ratcliffe secures minority stake in Man United and vows to lift English club to top of world soccer
Manchester United says British billionaire Jim Ratcliffe has completed his purchase of a minority stake in the club.
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Kentucky GOP lawmaker pitches his early childhood education plan as way to head off childcare crisis
A Republican lawmaker is promoting his plan to bolster early childhood education as a way to head off a crisis once federal aid dries up for the childcare sector.
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Maryland Gov. Wes Moore testifies for bills aimed at making housing more affordable
Maryland Gov. Wes Moore has testified in support of measures in the General Assembly aimed at making housing more affordable and protecting renters.
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How major US stock indexes fared Tuesday, 2/20/2024
Technology stocks led Wall Street broadly lower as chipmaker Nvidia pulled back ahead of its earnings report this week. The S&P 500 fell 0.6% Tuesday.
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Indiana lawmakers vote to lift state ban on happy hours
Indiana lawmakers are sending a bill to the governor’s desk that would lift a nearly 40-year ban on happy hours.
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Georgia House leaders signal Medicaid expansion is off the table in 2024
Georgia House leaders are signaling Medicaid health coverage won’t be expanded in 2024. A bill introduced Tuesday by a top lieutenant to Republican House Speaker Jon Burns proposes to create a Comprehensive Health Care Commission.
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Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for March delivery fell $1.01 to $78.18 per barrel Tuesday. Brent crude for April delivery fell $1.22 to $82.34 per barrel.Wholesale gasoline for March delivery fell 6 cents to $2.28 a gallon.
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Global Citizen plans conference to team young people with world leaders like World Bank’s Ajay Banga
International advocacy organization Global Citizen is turning to Gen Z and millennial leaders in its fight to reach the United Nations’ Sustainable Development Goals and end extreme poverty.
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United flight from San Francisco to Boston diverted due to damage to one of its wings
United Airlines says a flight heading from San Francisco to Boston had to be diverted after the plane suffered damage to one of its wings.
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Furman to spend $40 million for renovations at basketball arena
Furman has announced a $40 million renovation for its basketball arena that will start in April and be ready by fall 2025.
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Maine wants to lead in offshore wind. The state’s governor says she has location for a key wind port
Maine’s governor says a state-owned site on the coast of Maine will serve as the location of an offshore wind port critical to developing the nation’s first floating offshore wind power research array.
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Mexico’s army takes over yet another civilian role — filling potholes
Mexico’s president acknowledges the armed forces have taken over yet another civilian role: filling potholes on the nation’s highways.
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Enpro, Axsome Therapeutics fall; Walmart, Medtronic rise, Tuesday, 2/20/2024
Stocks that traded heavily or had substantial price changes on Tuesday: Enpro, Axsome Therapeutics fall; Walmart, Medtronic rise.
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