Bumble shares rallied more than 26% on Wednesday after the dating app company revealed in a securities filing that it intends to slash 30% of its workforce, or about 240 roles. The layoffs will result…
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The Federal Reserve on Wednesday proposed easing a key capital rule that banks say has limited their ability to operate, drawing dissent from at least two officials who say the move could undermine important safeguards.…
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Think trading against the trend is risky? You may want to reconsider. When a stock or ETF is trending lower, the smart money watches for signs of a reversal; those early signals can get you…
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Politics
UN’s atomic agency’s Iran policy gets mixed reviews from experts after US-Israel ‘obliterate’ nuclear sites
JERUSALEM – After 12 days of fighting, President Donald Trump and Israeli Prime Minister Benjamin Netanyahu declared victory against Iran’s nuclear program. Trump declared three nuclear sites had been obliterated, as Netanyahu announced that Israel had…
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Politics
Iran, Israel and US agree that Islamic Republic nuclear sites were ‘badly damaged’ despite leaked intel report
President Donald Trump’s historic precision strikes on Iran’s nuclear sites Saturday hit their targets and ‘destroyed’ and ‘badly damaged’ the facilities’ critical infrastructure — an assessment agreed upon by Iran’s Foreign Ministry, Israel and the…
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Sen. Bernie Moreno, R-Ohio, wants President Donald Trump to win the Nobel Peace Prize. The lawmaker is introducing a resolution Wednesday that declares the U.S. Senate ‘calls on the Norwegian Nobel Committee to award President…
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Secretary of State Marco Rubio cracked up laughing when President Donald Trump gave his reaction to NATO Secretary General Mark Rutte calling the commander in chief ‘daddy’ earlier Wednesday. During their bilateral meeting in The…
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A Democratic lawmaker hurled profanity at White House deputy chief of staff Stephen Miller on Wednesday, going on to imply that Miller is a Nazi. Rep. Mark Pocan, D-Wisc., made the statement on social media…
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Politics
Senate Republicans look to sweeten Medicaid pot to silence dissent on Trump’s ‘big, beautiful bill’
The Medicaid debate among Senate Republicans continues to rage on, but a new proposal geared toward sating concerns over the survivability of rural hospitals could help to close the lingering fissures within the conference. Senate…
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Politics
Poll: Majority of Republicans back Trump’s strikes on Iran; most Americans fear getting dragged into war
The country is, once again, divided along partisan lines, this time over the U.S. joining Israel in military strikes against Iran’s nuclear sites, according to a Quinnipiac University poll released Wednesday. Such was the case…