Skip to main content

Featured

Ukraine Faces Deepening Power Shortages After Russian Strikes

A resident shows a journalist where a Russian drone struck the roof of an apartment building, depriving its residents of water, heat and electricity, in Kyiv. Ukraine is confronting one of its most severe energy shortfalls since the start of the full‑scale invasion, with the country currently able to supply only about 60% of its electricity needs. A new wave of Russian missile and drone attacks has heavily damaged power plants and transmission infrastructure across multiple regions, pushing the grid to the brink. Officials report that nearly every major power‑generating facility has been hit in recent weeks. Cities such as Kyiv, Kharkiv, Odesa, and Dnipro have experienced rolling blackouts, leaving millions of residents coping with limited heating, lighting, and communications during the winter season. Ukraine’s government has warned that the situation remains extremely challenging. Engineers are working around the clock to repair damaged facilities, but repeated strikes have slowed...

article

Stocks Open Mixed as Boeing Plunges

The stock market opened mixed today with the Dow Jones Industrial Average ( ^DJI) down around 0.4%, or 170 points, while the S&P 500 ( ^GSPC) rose 0.2% and the tech-heavy Nasdaq ( ^ IXIC) was up 0.5% . The mixed opening comes after all three major stock indexes broke a nine-week winning streak on Friday.

Boeing, one of the largest aerospace companies in the world, saw its shares plunge today. The company’s shares fell to a 2023 low of 176.25 before swinging up and down in Wednesday’s stock market action. The decline in Boeing’s shares comes as investors await the release of U.S. inflation data and brace for the start of earnings season later in the week.


Comments