by an adversary," Robert Cardillo--a former top intelligence official in both the Obama and Trump

NEW YORK: Wall Street rallied on Monday, and the Nasdaq reached an all-time closing high as sentiment was boosted by full FDA approval of a COVID-19 vaccine and market participants looked ahead to the Jackson Hole Symposium expected to convene later this week. All three major U.S. stock indexes ended the session sharply higher, with the SP 500 in the session's final minutes just failing to hold what would have been a record-high close. Surging crude prices, driven by expected demand growth, putt

“ I have known Dr Oz for many years, as have many others, even if only through his very successful television show.... He has lived with us through the screen and has always been popular, respected and smart.” At his rally, he added to cheers: “ By they way, I endorsed another person today.... I have a wonderful relationship with my own children....

NEW YORK: Stubbornly hot U.S. inflation is fueling bets that the Federal Reserve will get more aggressive about trying to cool price pressures and even potentially ditch its own forward guidance by delivering a jumbo-sized interest rate hike in coming months. Fed policymakers had already all but promised half-point interest rate hikes at their meeting next week and again in late July, following May's half-point hike and the start of balance sheet reductions this month.... That would be more pol

The Fed's benchmark overnight interest rate is currently set at the near-zero level. FOMC members also agreed at this week's meeting on a set of principles for" significantly reducing" the size of the Fed's asset holdings.... Officials said they will shrink holdings" primarily" by limiting how much of the principal from maturing bonds the Fed would reinvest each month....

NEW YORK: A U.S. stock market, already on edge from a hawkish Federal Reserve and a conflict between Russia and Ukraine, now has another worry: higher oil prices.U.S. crude prices stand at around$ 91 a barrel after surging some 40% since Dec.... Prices for Brent crude, the global benchmark, have also soared and are near 7-year highs. Rapidly rising oil prices can be a troubling development for markets, as they cloud the economic outlook by increasing costs for businesses and consumers.... " Bu