The city council of Kyiv says it is providing evacuation centers with potassium iodine pills in preparation for a possible nuclear strike on the capital. Potassium iodine pills can help block the absorption of harmful radiation by the thyroid gland if taken just before or immediately after e…
Nearly a week after Hurricane Ian smashed into Florida and left carved a path of destruction that reached into the Carolinas, more than half a million statewide residents are facing another day without electricity. More than 500,000 homes and businesses remained without power Tuesday in Flor…
Asian shares are higher, encouraged by a rally in U.S. shares after some weak economic data raised hopes that the Federal Reserve might ease away from aggressive interest rate hikes. Benchmarks rose in morning trading in Tokyo, Sydney and Seoul. Chinese markets were closed for holidays. Wall…
A Delaware judge says cigarette manufacturer ITG Brands assumed liability for tobacco settlement payments to the state of Florida when it acquired four brands from Reynolds American in 2015. Vice Chancellor Lori Will also said in Friday's ruling that ITG must compensate Reynolds American for…
Rex Tillerson, who served as secretary of state under former president Donald Trump, has testified against the former chair of Trump’s inaugural committee. Tillerson was called on Monday as a government witness at the federal trial of Tom Barrack, a billionaire private equity manager and Tru…
Incidents of fraud and scams are occurring more often on the popular peer-to-peer payment service Zelle. That's according to a report issued Monday by the office of Sen. Elizabeth Warren, giving the public its first glimpse into the growing problems at Zelle. The report also found that the l…
The long list of celebrities promoting cryptocurrencies just got shorter. Kim Kardashian is being barred from doing so for three years — and will pay a $1 million fine — to settle federal charges that she recommended a crypto security to her 330 million Instagram followers without making cle…
The long list of celebrities promoting cryptocurrencies just got shorter. Kim Kardashian is being barred from doing so for three years — and will pay a $1 million fine — to settle federal charges that she recommended a crypto security to her 330 million Instagram followers without making clear that she was paid to do so. The reality TV star also must give up the $250,000 she was paid for the Instagram post about Ethereum Max tokens, plus interest. That's according to a Securities and Exchange Commission settlement announced Monday. Kardashian is the latest celebrity to get ensnared in regulations that require full disclosure by people getting paid to promote financial products.
U.S. new vehicle sales fell slightly in the third quarter, even with improvement in September. But there are warning signs consumers’ appetite for expensive new cars, trucks and SUVs may be waning. Edmunds.com says sales fell 0.9% from July through September. Multiple companies reported sales declines for the quarter on Monday, with General Motors a notable exception. However, many said sales rose in September as shortages of computer chips and other parts started to ease and auto factories were able to produce more. That increased vehicle supplies. But any monthly gain may be short lived due to high prices and rising interest rates.
Washington Attorney General Bob Ferguson says the first payments from a $518 million settlement with the nation’s three largest opioid distributors will begin reaching the state in December. The money will provide much-needed cash officials can use to hire first responders or direct toward prevention, treatment and other services. Washington reached the settlement in May after declining to join a national settlement with the distributors — McKesson Corp., Cardinal Health Inc. and AmerisourceBergen Corp. — as well as Johnson & Johnson. Ferguson announced Monday that the settlement had been unanimously approved by 125 cities and counties. The money will be paid out over 17 years, beginning with $55 million on Dec. 1.
It was as much art fair as fashion show for designer Stella McCartney, who put on an art-infused spring collection at Paris Fashion Week on Monday that vibrated with flashes of color. Iconic Japanese contemporary artist Yoshitomo Nara collaborated on the designs showcased at Paris’ Pompidou Center Modern Art Museum. The display also pioneered the use of regenerative cotton. At Thom Browne, it was Versailles meets the Ming Dynasty for the U.S. designer’s eccentric but luxuriant ready-to-wear. His floor sweeping, silken A-line gowns regally ushered past guests inside the ornate salons of the Paris Opera. At Lanvin, designer Bruno Sialelli was in a low-key mood, producing a saleable spring collection that featured neat, unfussy looks.
The Supreme Court said Monday it will hear two cases seeking to hold social media companies financially responsible for terrorist attacks. Relatives of people killed in terrorist attacks in France and Turkey had sued Google, Twitter, and Facebook. They accused the companies of helping terrorists spread their message and radicalize new recruits. The court will hear the cases this term with a decision expected before the court recesses for the summer, usually in late June. The court did not say when it would hear arguments, but the court has already filled its argument calendar for October and November.
The British government has dropped plans to cut income tax for top earners. The move was part of a package of unfunded cuts that sparked turmoil on financial markets and sent the pound to record lows. Treasury chief Kwasi Kwarteng said Monday that he would abandon plans to scrap the top 45% rate of income tax paid on earnings above 150,000 pounds a year. The announcement comes as more lawmakers from the governing Conservative Party turn on government tax plans. The announcement of 45 billion pounds in tax cuts sent the pound tumbling to a record low against the dollar. The Bank of England had to step in to stabilize the bond markets.
Top regulators are recommending a series of new safeguards to ensure that a growing and unregulated cryptocurrency market doesn’t imperil U.S. financial stability. Regulators are calling on Congress to pass legislation that would address the systemic risks caused by the growth of stablecoins, which are a form of cryptocurrency pegged to the price of another financial asset, like the U.S. dollar or gold. Recent volatility in the cryptocurrency market, especially in stablecoins, has made regulators particularly wary about the need for regulation as usage of the digital asset continues to grow. Members of the Financial Stability Oversight Council met Monday.
Virginia's Republican Gov. Glenn Youngkin is calling for expanding nuclear power generation in the state, and reevaluating a recent clean energy law celebrated by environmentalists. His administration laid out those and other goals in a 29-page state energy plan unveiled Monday. The plan also calls for restoring greater authority to state regulators who oversee the state’s powerful utilities. The energy plan carries no force but offers insight on policy choices Youngkin’s administration may pursue. Environmental groups and some Democratic state lawmakers were broadly critical of Youngkin’s plan. They vowed Monday to push back on any attempt to roll back environmental reforms enacted in recent years.
Ukrainian forces have scored more gains in their counteroffensive across a broad front. The troops advanced Monday in the very areas Russia is trying to absorb. Their breakthroughs challenged Russia's effort to engage fresh troops and its threats to defend incorporated areas by all means, including with nuclear weapons. Ukrainian forces penetrated Moscow’s defenses in the strategic southern Kherson region, one of the four areas Russia is annexing. Ukraine’s advances have become so apparent that even Russia’s Defense Ministry spokesman admitted the gains. He cited Ukraine's numerically superior tank units. Also Monday, Russia released from detention the head of Europe's largest nuclear power plant.
New York City’s thousands of food delivery workers will get places to recharge electric bikes, cellphone batteries and themselves. That's according to a city plan announced Monday to turn abandoned newsstands and other unused structures into facilities for the “deliveristas.” Senate Majority Leader Chuck Schumer and Mayor Eric Adams call the “hubs” a national first. It’s not yet clear how many will be built or exactly where and when. Officials say they’re working to identify suitable locations on city property. The hubs are to offer charging stations and a safe place to rest or take shelter from bad weather.
Albanian authorities have denied that the country’s police system was hacked after local media reported that data on people being investigated for crimes was released from an Iranian hacking group. Albanian media reported that a file was leaked with a list of suspected people — allegedly from the police Memex database — who are being probed on different crimes. State police denied its Memex system was damaged. Last month Albania cut diplomatic ties with Iran over a July 15 cyberattack that temporarily shut down numerous Albanian government services and websites. Albania, a NATO member, is being assisted by the alliance, the United States and the European Union to install better cyberdefenses.
Twitter wants a Delaware court to order Elon Musk to buy the social media service for $44 billion, as he promised back in April. But suppose a judge makes that ruling and Musk balks? The Tesla billionaire's reputation for dismissing government pronouncements has some worried about how he’d react to an unfavorable ruling of the Delaware Court of Chancery, known for its handling of high-profile business disputes. But the likelihood of him losing badly — such as by an order of “specific performance” that forces him to complete the deal — has raised concerns about how the Delaware court would, or could, enforce its final ruling.
UnitedHealth Group says it has completed its acquisition of Change Healthcare, closing the roughly $8 billion deal a couple weeks after a judge rejected a challenge from regulators. UnitedHealth is merging the technology company with its Optum segment. The health care giant said the combination will simplify clinical, administrative and payment processes for care providers and bill payers. The Justice Department had sued to block the deal. Regulators argued it would put too much information about health care claims in the hands of one company. But U.S. District Judge Carl Nichols issued an order last month denying the government’s request.
Poland's foreign minister has signed an official note to Germany requesting some $1.3 trillion in reparations for the damage incurred by occupying Nazi Germans during World War II. Zbigniew Rau said Monday the note will be handed to Germany's Foreign Ministry. The signing comes on the eve of Rau's meeting in Warsaw with German Foreign Minister Annalena Baerbock. Poland's fight-wing government insists that Poland is owed reparations for the extensive war damage, while Berlin says it has paid compensation to the affected countries, including Poland, and considers the matter closed. On Sept. 1, Poland's government presented an extensive report on the damages, estimating them at the figure of $1.3 trillion.
Stacker examined residential natural gas price and consumption data to see how prices have grown and which states are paying the most for their energy bills.
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The head of the International Atomic Energy Agency, the U.N.’s nuclear watchdog, said the director general of Ukraine’s and Europe’s largest power plant, Ihor Murashov, has been released from Russian custody after his detention last week. IAEA Director General Rafael Grossi wrote in a tweet that he had received confirmation that Murashov had "returned to his family safely.” Murashov was blindfolded and detained after leaving the Zaporizhzhia Nuclear Power Plant on Friday.
The Mexican government or army has alledgedly continued to use spyware designed to hack into the cellphones of activists, despite a pledge by President Andrés Manuel López Obrador to end such practices. Press freedom groups said Monday they found evidence of attempts to use that the Israeli spyware program Pegasus against people investigating human rights abuses by the Mexican army. According to a report by the press freedom groups and Mexican media organizations, the targets included Raymundo Ramos. Ramos has worked for years documenting military and police abuses in the drug cartel-dominated border city of Nuevo Laredo. Ramos' cellphone was apparently infected with Pesgasus spyware in 2020.
Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode starts with a discussion about the Fed’s most recent interest rate hike. Then we…
The cost of a car or truck is more than just the price you pay driving it off the lot.
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Medical bills can quickly become overwhelming, but consumers often have more power than they might think when it comes to navigating them. Recent changes to how medical debt is reported by credit bureaus also help. The first step is always to closely check bills for errors and to ask your provider if you are eligible for any financial assistance programs, which many hospitals offer. If you need additional help, billing advocates and the employee benefits contact at your workplace can also assist. Finally, try to prepare for future bills by building up emergency savings and shopping around for in-network providers.
The European Union and Israel have held high-level talks for the first time in a decade. The Europeans are keen to press Israeli Prime Minister Yair Lapid on how to help bring about a two-state solution to Israel's conflict with the Palestinians. EU foreign policy chief Josep Borrell says the EU wants "the resumption of a political process that can lead to a two-state solution and a comprehensive regional peace.” Lapid took part in Monday’s talks by videoconference.
It plays a key role in the size of your checks.
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