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A person walks in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Wednesday, Oct. 5, 2022, in Tokyo. Hong Kong’s share benchmark soared more than 5% on Wednesday as Asian shares tracked gains on Wall Street. (AP Photo/Eugene Hoshiko)
European shares fall as selling kicks in after recent gains
Associated Press - 1 minute ago
Associated Press
1 minute ago
TOKYO (AP) — European indexes fell in early trading and U.S. futures were down as selling pressure kicked in Wednesday after a few days of strong gains.
Bull & Bear - bull-bear-stock-market-business-1885566
The Bulls Roar...again
Market Tea Leaves - 7 minutes ago
Market Tea Leaves
7 minutes ago
Yesterday we suggested an Upside bias and the markets didn't disappoint. What will we see today?
Britain's Prime Minister Liz Truss, foreground and Chancellor of the Exchequer Kwasi Kwarteng look on, during a visit to a construction site for a medical innovation campus, on day three of the Conservative Party annual conference at the International Convention Centre in Birmingham, England, Tuesday, Oct. 4, 2022. (Stefan Rousseau/Pool Photo via AP)
UK's Truss stands by 'disruption' agenda despite Tory doubts
Associated Press - 19 minutes ago
Associated Press
19 minutes ago
BIRMINGHAM, England (AP) — U.K. Prime Minister Liz Truss pledged Wednesday to ride out the turmoil unleashed by her tax-cutting economic agenda, saying the “disruption” will pay off in a wealthier, more efficient Britain.
FILE - The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of OPEC's headquarters in Vienna, Austria, March 3, 2022. A cut in oil production is on the table when OPEC oil-producing countries meet Wednesday, Oct. 5. The OPEC+ alliance that includes Saudi Arabia and Russia is weighing a cut of a million barrels or more. (AP Photo/Lisa Leutner, file)
OPEC+ weighs large oil cutback to boost sagging prices
Associated Press - 20 minutes ago
Associated Press
20 minutes ago
FRANKFURT, Germany (AP) — The OPEC+ alliance of oil-exporting countries on Wednesday will debate a potentially large cut in the amount of crude it ships to the global economy — a move that could help Russia weather a looming European ban on oil imports and just ahead of national midterm elections.
Nigeria's Ngozi Okonjo-Iweala, Director General of the World Trade Organisation, WTO, speaks to the media about WTO revised trade forecast during a press conference, at the headquarters of the World Trade Organization in Geneva, Switzerland, Wednesday, Oct. 5, 2022. (Martial Trezzini/Keystone via AP)
WTO predicts trade growth to slow next year amid crises
Associated Press - 33 minutes ago
Associated Press
33 minutes ago
GENEVA (AP) — The World Trade Organization is predicting global trade volumes will grow a lackluster 1% next year as crises and challenges weigh on markets, including , rising interest rates and amid the lingering COVID-19 pandemic.
FILE - A road is completely filled with a tall pile of debris from destroyed beachfront homes and businesses, two days after the passage of Hurricane Ian, in Fort Myers Beach, Fla., Sept. 30, 2022. Florida's home insurance market was already on shaky ground. It now faces an even mightier struggle after the damage caused by the hurricane. (AP Photo/Rebecca Blackwell, File)
Ian deals blow to Florida's teetering insurance sector
Associated Press - 43 minutes ago
Associated Press
43 minutes ago
Daniel Kelly and his wife bought a 1977 doublewide mobile home in May for about $83,000 at Tropicana Sands, a community for people 55 and older in Fort Myers, Florida. But he ran into roadblocks when he tried to insure it.
EU agrees on price cap for Russian oil over Ukraine war
Associated Press - 45 minutes ago
Associated Press
45 minutes ago
BRUSSELS (AP) — European Union countries agreed on Wednesday to impose new sanctions on Russia after it illegally annexed four regions in Ukraine, according to an EU official, including an expected price cap on Russian oil.
Ukrainian soldiers sit on an armoured vehicle as they drive on a road between Izium and Lyman in Ukraine, Tuesday Oct. 4, 2022. (AP Photo/Francisco Seco)
Live Updates: Russia-Ukraine War
Associated Press - 46 minutes ago
Associated Press
46 minutes ago
A former Russian state TV journalist who quit after staging an on-air protest against the war in Ukraine and who was later charged with spreading false information about Russia’s armed forces, said on Wednesday that she is no longer abiding by house arrest rules.
Local resident Ekaterina, 22, stands next to her residential building that was damaged after an overnight Russian attack in Kramatorsk, Ukraine, Tuesday, Oct. 4, 2022. (AP Photo/Andriy Andriyenko)
Putin signs annexation of Ukrainian regions as losses mount
Associated Press - 51 minutes ago
Associated Press
51 minutes ago
KYIV, Ukraine (AP) — Russian President Vladimir Putin has signed laws formally absorbing four Ukrainian regions into Russia, even as its military struggles to control the .
Shown is the Leonard L. Williams Justice Center housing the Court of Chancery in Wilmington, Del., Tuesday, Oct. 4, 2022. Elon Musk is abandoning his legal battle to back out of buying Twitter by offering to go through with his original $44 billion bid for the social media platform. The offer comes just two weeks before Twitter's lawsuit seeking to force Musk to go through with the deal goes to trial in Delaware Chancery Court. (AP Photo/Matt Rourke)
EXPLAINER: Musk Twitter turnaround reflects legal challenges
Associated Press - 53 minutes ago
Associated Press
53 minutes ago
WASHINGTON (AP) — News that Elon Musk has agreed after all may have felt like a stunning surprise from the brash billionaire who loves to shock.