Coal stock Peabody Energy (NYSE: BTU) went on a wild ride this morning, crashing 10% right when the markets opened only to rebound sharply. It appears the market quickly realized its knee-jerk reaction to the coal miner's third-quarter numbers was unwarranted. None of those numbers should have come as a surprise given that Peabody Energy had already announced preliminary Q3 numbers earlier in the month and reported in line today.
Stocks eyed a broader comeback from a steep sell-off as investors digested results from Bank of America and other heavyweights.
An Illinois woman filed a lawsuit accusing Target of illegally collecting and storing customers' biometric data through facial recognition technology.
A judge has recommended that the conviction and death sentence of Melissa Lucio, a Texas woman whose execution was delayed in 2022 amid growing doubts she fatally beat her 2-year-old daughter, should be overturned amid findings that evidence in her murder trial was suppressed. Senior State District Judge Arturo Nelson on Friday approved an agreement between prosecutors and Lucio’s attorneys that found the suppressed evidence, including witness statements from Lucio’s children and a report by Child Protective Services, would have corroborated Lucio’s defense that her daughter Mariah died of a head injury sustained in an accidental fall down a steep staircase two days before her death.
Benchmark U.S. 10-year Treasury yields climbed to five-month highs on Tuesday as markets reevaluated how quickly the Federal Reserve may move to cut interest rates this year given signs of strength in the global economy. Federal Reserve Vice Chair Philip Jefferson was the latest central bank official to signal that an imminent interest rate cut will not be forthcoming if inflation persists, in a speech on Tuesday morning. "If incoming data suggest that inflation is more persistent than I currently expect it to be, it will be appropriate to hold in place the current restrictive stance of policy for longer," Jefferson said at a Fed research conference.
Shares of Trump Media have fallen more than 60% since the company's public markets debut at the end of March.
The US aims to disrupt Iran’s oil exports and ability to finance proxies throughout the Middle East
McIlroy says he's never even considered joining LIV Golf.
The married ‘Live with Kelly and Mark’ hosts soaked up the warm weather in photos shared to Ripa’s Instagram Stories on April 15
As jury selection got underway in the New York criminal case, the former president appeared to struggle to keep his eyes open, prompting commentators to deride him as ‘Sleepy Don’ and ‘Don Snoreleone’
Clark wore a full Prada fit, marking the first time the fashion house dressed an athlete for the WNBA (or NBA!) draft
The UConn player was invited to the draft only days prior to being in New York, where she would go on to be selected by the Seattle Storm.
Vang reported Elijah missing on 20 February
U.S. banking giants continued to shed employees in the first quarter, with Citigroup seeing the biggest drop. Headcount at Citi declined by 2,000 employees after the third-largest U.S. lender completed a sweeping reorganization aimed at improving profits and reducing management layers. Bank of America, Wells Fargo and PNC Financial together cut more than 2,000 jobs in the three months ended March 31 compared with the previous quarter.
EXCLUSIVE: California Democrat says Mr Johnson can expect help remaining in office if he allows aid to Gaza to be voted on
A new exhibition at the Met looks at the practice of hiding portraits attached to other portraits and the many reasons artists chose to be secretive with their work
More than 800 airline food service staff at Toronto's Pearson airport went on strike Tuesday, leaving thousands of passengers without meals. Gate Gourmet employees voted 96 per cent against an offer from the Swiss-owned travel catering company on Monday night, Teamsters Canada said. The workers cook, package and deliver food and beverages to planes for in-flight service. "Our members are trying to survive this cost of living crisis and support their families through these difficult times. That's
Police attempted to close down the National Conservatism conference following orders from city authorities in Brussels.
Hemsworth described the movie as ‘interesting and abstract... a small story about a man and a woman’
Iran’s president told Vladimir Putin that Tehran’s strikes on Israel were limited and that it wanted to avoid further escalation, in the allies’ first phone call since Sunday’s missile and drone attack.
Chile's government needs to quickly approve a proposal to streamline permitting for the mining industry to unlock and promote investment in the world's top copper-producing country, a top executives said on Tuesday. "In Chile it is urgent to improve the permit system to allow companies to approve large investment projects in a timely manner," BHP President Americas Brandon Craig said on a panel at the World Copper Conference being held in Santiago. BHP is a top copper producer and its flagship Escondida mine in Chile is the world's largest copper mine.
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