Wall Street slides as market posts worst weekly loss since 2020
Stocks fell sharply on Friday with the S&P 500 down 1.9 percent to 4397.94, the Dow off 450 points and the Nasdaq down 2.7 percent as inflation fears and likely Fed rate hikes weigh on tech and growth names. Nasdaq tumbled 14.3 percent from its Nov peak while yield on the 10 year fell to 1.76 percent. Bank stocks declined on weaker yields and investors priced in higher borrowing costs, with energy the lone S&P sector higher amid broad price pressures.
MENTIONED IN THIS ARTICLE
Wall Street
Federal Reserve
Fed
Nancy Tengler
Laffer Tengler Investments
Netflix
Treasury
Bank of New York Mellon
Colorado mine spill settlement funds cleanup at Bonita Peak
The United States EPA and Sunnyside Gold Corp. reach a proposed 90 million settlement to fund cleanup at the Bonita Peak Mining District Superfund site in southwest Colorado after the 2015 Gold King Mine incident. The deal, pending federal court approval and 30 day public comment, assigns 45 million each from Sunnyside and the U.S. government for water and soil sampling and waste repository construction.
MENTIONED IN THIS ARTICLE
Denver
Colorado
U.S
Navajo Nation
Bonita Peak
U.S. Environmental Protection Agency
Sunnyside
Num
New Mexico
Utah
EPA
Bonita Peak Superfund
Gold King
Kinross Gold Corp
Silverton
United States
Animas River
Durango
GM to invest 6.5 billion in Michigan EV plants and jobs
General Motors plans to spend 6.5 billion dollars to create up to 4,000 jobs at two Michigan plants and to pursue a 2.5 billion battery factory in the Lansing area with 1,700 workers. An Orion Township plant is slated to add 2,300 jobs at a third EV facility while Detroit Hamtramck and Spring Hill will also host plants. The moves follow a new 1 billion dollar state fund to attract major projects and a Ford battery factory victory in Kentucky and Tennessee.
MENTIONED IN THIS ARTICLE
Lansing
Mich
General Motors
Michigan
Economic Development Board
Associated Press
Detroit Automaker
Orion Township
Cle
Detroit- Hamtramck
Spring Hill
Tennessee
Ford Motor Co
Kentucky
Gretchen Whitmer
Ford
Quentin Messer Jr
Michigan Economic Development Corp
Detroit
Delta Township
Mars reshapes M&M characters for inclusivity move
Mars introduces a modern look for the six M&M lentils red green orange yellow brown and blue with varied shapes and sizes. Two characters lose stereotypical femininity as green swaps boots for sneakers and brown drops stilettos for lower heels. The company highlights amps and unity as it broadens personalities to reflect inclusive everyday life.
MENTIONED IN THIS ARTICLE
Mars
M&M’s
M&m
Metaforce
M&ms
Laura Ries
Ries
Footnotes Spur Clarification on Deferred Sales Charge
The document notes several fund fee references including deferred sales charge and multiple fees during the week. It cites sources from The Associated Press and outlines how charges may affect investments and distributions. The text emphasizes ongoing adjustments to fee structures and the potential impact on shareholders.
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Colo
Michelle Chapman and
Anne D’innocenzio
PepsiCo
Allen Adamson
the Market IN Review
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PlugPowr H
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Snapline A
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SoFiTech N
Fordm FirstEngy
Sundial H
GenElects
Tellurian
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Tesla Inc
Grabhi An
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Twitter
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Amcpa m
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FdmilinvsAm
Grfamrca m
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