SEOUL (Reuters) – North Korea may have spent as much as $642 million on its nuclear programme last year, according to anti-nuclear activists, as the impoverished country appears ready to test a new weapon despite battling a COVID-19 outbreak and economic crisis.FILE PHOTO: A North Korea flag flutters next to concertina wire at the North Korean embassy in Kuala Lumpur, […]

New York (CNN Business)Joe Biden may not be as obsessed with the stock market as his predecessor was — at least not publicly. But this year’s turmoil on Wall Street has dealt the president a tough blow. The S&P 500 has now lost all of its gains since Biden was inaugurated last year. The S&P 500, one of the broadest […]

New York (CNN Business)Tesla shares are about to get three times less expensive. The company announced Friday that its board approved a 3-for-1 stock split, its first split since August 2020.The split would need to be approved by shareholders at the company’s annual meeting in August. Tesla (TSLA) closed Friday at a little over $696 per share. If the split […]

New York (CNN Business)Markets are poised for yet another week of losses after steep drops on Friday. The Dow (INDU) dropped nearly 800 points on Friday afternoon after a key inflation report missed estimates and showed a higher-than-anticipated increase in the price of consumer goods. The May consumer price index rose 8.6% year-over-year, its highest level since 1981. Economists had […]

WASHINGTON (Reuters) -The FBI arrested Republican Ryan Kelley, a candidate for Michigan governor, on Thursday for misdemeanor charges in connection with the Jan. 6, 2021, U.S. Capitol riot by supporters of then-President Donald Trump.Slideshow ( 2 images )An FBI agent’s sworn statement said Kelley, 40, was captured on video standing in a crowd of people who were “assaulting and pushing […]

The futures traded lower Thursday after yet another back and forth day on Wall Street that ended with all the major indexes and the transports down big. One of the biggest issues continuing to confront Wall Street is the ongoing and spiraling inflation. Friday’s consumer price index numbers for May could be a huge market mover. In addition, it was […]

Given the recent market moves, investors are looking for direction. Guidance from either the Federal Reserve or analysts may offer some credence, in terms of a sign. But it has ultimately become a stock-picker’s market. One major Wall Street firm believes it has found a few stocks that offer huge upside potential. RBC Capital Markets issued a few calls recently, […]