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Friday, January 21, 2022
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Business

Wall Street opens lower as Netflix disappoints

Wall Street's main indexes opened lower on Friday (January 21) and were on course for their at least third straight week of declines, after a weak forecast from Netflix sent shares of the streaming company and its...

U.S. inflation surges to record high in four decades

Consumer prices of the United States in December continued to rise with the index growing 7 percent year on year, a record high in almost 40 years, which could push the Federal Reserve to raise interest rates...

US retail sales drop 1.9 pct in December

The United States' retail sales in December dropped by 1.9 percent from the previous month, marking the steepest monthly decline since February, the Commerce Department reported Friday.  E-commerce took the hardest hit with a...

Wall St opens higher as producer prices data eases rate hike fears

Wall Street's main indexes opened higher on Thursday (January 13) after weaker-than-expected producer prices data eased concerns about a faster pace of interest rate hikes from the Federal Reserve, while Delta Air Lines led gains among carriers...

Wall St muted at open ahead of Powell testimony

Wall Street's main indexes were subdued at the open on Tuesday (January 11) ahead of Federal Reserve Chair Jerome Powell's testimony that may offer fresh insight on policy tightening and the central bank's plans to tackle inflation.

Wall Street opens lower as Big Tech tumbles

Wall Street's main indexes opened lower on Monday (January 10) as heavyweight technology stocks dropped on expectations of a high interest rate environment, while big banks extended gains after U.S. Treasury yields climbed to new two-year highs.

Wall Street opens higher as Nike, Micron lead gains

Wall Street's main indexes opened higher on Tuesday (December 21), following a sharp selloff in the previous session, as strong quarterly earnings from Nike and a positive forecast from chipmaker Micron helped lift sentiment.

Elon Musk named Time’s 2021 ‘Person of the Year’

Tesla Chief Executive Officer Elon Musk was named Time magazine's 2021 "Person of the Year" on Monday (December 13). Musk is also the founder and CEO of rocket company SpaceX, and leads brain-chip startup...

Wall Street opens higher on banks, energy boost

Wall Street's main indexes opened higher on Monday (December 6) after declining sharply last week on Omicron and taper fears, with investors favoring banks, energy and economy-linked stocks against technology and growth-heavy shares. The...

Stocks tumble on new coronavirus variant fear

U.S. stocks dropped on Friday (November 26), with the Dow and S&P 500 suffering their biggest one-day percentage drops in months, and pandemic-hit sectors that have benefited from a reopening falling sharply after a new and potentially...

Latest News

Man killed in road rage shooting in NE Harris County

HARRIS COUNTY - The Harris County Sheriff's Office is investigating a deadly shooting in northeast Harris County...

Man shot dead by ex-girlfriend’s boyfriend in SW houston

HOUSTON - A suspect is on the run after a man was shot and killed in southwest Houston Friday morning. 

Wall Street opens lower as Netflix disappoints

Wall Street's main indexes opened lower on Friday (January 21) and were on course for their at least third straight week of...

Betting Omicron has peaked, Johnson drops COVID rules in England

British Prime Minister Boris Johnson on Wednesday (January 19) announced the end of COVID-19 measures introduced to curb the rapid spread of...

Two shot and injured in east Houston

HOUSTON - Police are investigating a shooting at a home in East Houston early Friday. The incident was reported...