Wall St staggers to higher close as Fed rate hike looms

(In paragraph 7, updates CME likelihood of 100 bps rate hike) By Stephen Culp NEW YORK (Reuters) – Wall Street ended a directionless session higher on Wednesday as an on-target inflation report largely stanched the flow of Tuesday’s sell-off and investors pressed the “pause” button. All three indexes wavered throughout the day, but ultimately ended […]

House GOP criticizes Democrat’s failed policies nationwide

House Minority Whip Steve Scalise of La., left, House Minority Leader Kevin McCarthy of Calif., and Rep. Elise Stefanik, R-N.Y., speak with reporters after watching a speech by Ukrainian President Volodymyr Zelenskyy live-streamed into the U.S. Capitol, in Washington, Wednesday, March 16, 2022. (AP Photo/Alex Brandon) OAN NewsroomUPDATED 6:02 PM PT – Wednesday, September 14, […]

Expert testimony: TikTok is a ‘disaster waiting to happen’

Chesnot/Getty Images OAN NewsroomUPDATED 7: 30 PM PT – Wednesday, September 14, 2022 The Senate Committee on Homeland Security heard a testimony on the threats that social media places on National Security. An expert on Chinese surveillance and social media claimed that TikTok is a disaster waiting to happen. Geoffrey Cain testified before the Senate […]

Car electrification unlikely to erase market for ethanol, says producer

(Corrects typographical error in the executive’s last name in 3rd paragraph) By Marcelo Teixeira NEW YORK (Reuters) -The global movement by governments and automakers to boost electrification of cars does not mean ethanol will be dead as a product, according to an executive of one of the world’s largest producers of the biofuel. Beyond the […]

Compass Minerals picks lithium extraction technology to supply Ford, others

By Ernest Scheyder (Reuters) – Compass Minerals International Inc said on Wednesday it will use a lithium extraction technology developed by EnergySource Minerals LLC to produce the electric vehicle battery metal for Ford Motor Co and others. Washington has been pressing for U.S. companies to find greener ways to boost domestic production of battery […]

Shaken Wall Street awaits final capitulation to greenlight buying

By Alden Bentley (Reuters) – Even as investors crowded the exits on Tuesday, Wall Street’s steepest one-day shake out since early in the pandemic in June 2020 carried few of the hallmarks of capitulation that analysts want to see before calling a bottom. While the S&P 500’s 4.3% slump on Tuesday extended fractionally in early […]

Tesla is sued by drivers over alleged false Autopilot, Full Self-Driving claims

By Jonathan Stempel (Reuters) – Tesla Inc was sued on Wednesday in a proposed class action accusing Elon Musk’s electric car company of misleading the public by falsely advertising its Autopilot and Full Self-Driving features. The complaint accused Tesla and Musk of having since 2016 deceptively advertised the technology as fully functioning or “just around […]

Actress Jennifer Hudson wants her new talk show to give guests a platform

By Rollo Ross LOS ANGELES (Reuters) – American singer and actress Jennifer Hudson this week debuted her own one-hour nationally syndicated talk show, “The Jennifer Hudson Show.” As the youngest woman in history to gain ‘EGOT’ status (Emmy, Grammy, Oscar, and Tony winner), Hudson said she is thrilled to share her personality with viewers while […]

Calls echo a need for tougher crime policies

Ranking Member Sen. Marsha Blackburn (R-TN) speaks during a Senate Subcommittee on Consumer Protection, Product Safety, and Data Security hearing. (Photo by Samuel Corum/Getty Images) OAN NewsroomUPDATED 8:59 AM PT – Wednesday, September 14, 2022 Violent crime has continued to rise in Memphis, Tennessee. This comes as Sen. Marsha Blackburn (R-Tenn.) recently slammed soft-on-crime policies […]

California alleges stifled price competition in lawsuit

By Paresh Dave and Diane Bartz SAN FRANCISCO (Reuters) -California filed a lawsuit against on Wednesday, alleging that the company violated antitrust law by blocking price competition and pushing up prices for consumers. California Attorney General Rob Bonta said Amazon’s rules bar merchants from selling products at lower prices on their own websites or […]


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