Business

Washington, D.C., Maryland postal service mail carriers robbed at gunpoint six times in 2-day period

Washington, D.C., Maryland postal service mail carriers robbed at gunpoint six times in 2-day period

NEWYou can now listen to Fox News articles! U.S. postal service officials have sounded the alarm over at least six armed robberies on mail carriers that happened in Maryland and Washington, D.C., over a two-day period, according to a report. “This alarming trend needs to stop,” U.S. Postal Inspection Service (USPIS) spokesman Michael Martel said …

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‘How quickly the tables have turned’: Falling mortgage rates have homebuyers so emboldened they’re asking sellers for cash

‘How quickly the tables have turned’: Falling mortgage rates have homebuyers so emboldened they’re asking sellers for cash After a string of steady increases, mortgage rates fell this week — a mixed blessing for the fragile U.S. economy. The lower rate on a 30-year fixed mortgage is a relief for home shoppers who have been …

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The S&P 500 just had its worst first half in more than 50 years, which ‘stressed’ this classic investment strategy

Stock trader on the floor of the New York Stock Exchange. Spencer Platt | Getty Images News | Getty Images The S&P 500 Index, a barometer of U.S. stocks, just had its worst first half of the year going back over 50 years. The index fell 20.6% in the past six months, from its high-water …

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Ben & Jerry’s Israel, parent company Unilever reach deal to end settlement boycott

Ben & Jerry’s will continue to be sold in Israel and the West Bank, after the Israeli franchise came to an agreement with the ice cream maker’s parent company Unilever following a year of legal battling over a settlement boycott, the two sides announced on Wednesday. Israel and its supporters hailed the decision as a …

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U.S. stocks turn lower after weak consumer-confidence reading

U.S. stocks gave up early gains to turn lower Tuesday after a consumer-confidence reading came in weaker than expected. What’s happening The Dow Jones Industrial Average DJIA, -0.55% was down 185 points, or 0.6%, at 31,253. The S&P 500 SPX, -0.96% fell 38 points, or 1%, to 3,862. The Nasdaq Composite COMP, -1.79% dropped 202 …

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Credit Suisse found guilty in cocaine cash laundering case

Credit Suisse first major Swiss bank to face criminal trial Former banker found guilty of qualified money laundering Bank plans to appeal BELLINZONA, Switzerland, June 27 (Reuters) – Credit Suisse (CSGN.S) was convicted by Switzerland’s Federal Criminal Court on Monday of failing to prevent money-laundering by a Bulgarian cocaine trafficking gang in the country’s first …

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Futures Loom After Big Market Week; What To Do Now

Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally attempt gained momentum, with the major averages running up sharply Friday and for the week. X UnitedHealth (UNH), Shockwave Medical (SWAV), Ulta Beauty (ULTA), Enphase Energy (ENPH), Sociedad Quimica y Minera (SQM), Quanta Services (PWR), Northrop …

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Why This Crypto Crash Is Different: Don’t Fight The…

Bear markets have grown almost routine for Bitcoin and other cryptocurrency prices. Since its 2009 launch, Bitcoin’s price has tumbled more than 50% six times. X Coinbase (COIN) CEO Brian Armstrong, in a June 14 letter announcing an 18% staff cut, offered assurance despite the latest Bitcoin crash and walloping of other crypto prices. Armstrong …

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They Ate Daily Harvest’s Lentil ‘Crumbles’ and Ended Up in the ER

Jenna Dargenzio was excited to dig into her first Daily Harvest delivery. On May 11, she whipped up the subscription service’s French lentil and leek “crumbles,” part of a PR package that the company hoped she would peddle to her 66,000 followers on TikTok. The finished product looks and functions much like seasoned bits of …

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