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-Shake Shack Inc forecast first-quarter revenue below estimates as the fast-spreading Omicron variant kept diners away and led to temporary restaurant closures, sending the burger chain’s shares down 10% in …

WASHINGTON – The U.S. Federal Trade Commission, which enforces consumer protection rules, voted on Thursday to embark on regulations that would allow it to win back money from companies that …

– Major investment banks have pencilled in a strong run of interest rate hikes for 2022 after hotter-than-expected inflation data ramped up pressure on the Federal Reserve to take a …

– Morgan Stanley expects the U.S. Federal Reserve to raise interest rates six times this year for a total of 150 basis points, a faster increase than previously predicted, according …

By Gertrude Chavez-Dreyfuss and Caroline Valetkevitch NEW YORK -The safe-haven Japanese yen and Swiss franc climbed to two-week peaks against the U.S. dollar on Thursday, on worries about escalating Russia-Ukraine …

– U.S. officials held discussions with Saudi Arabia about a “collaborative approach” to managing potential market pressures stemming from a possible Russian invasion of Ukraine, the White House said on …

– Bitcoin dropped 7.4% to $40,631.78 at 2205 GMT on Thursday, down $3,248.05 from its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is down 15.3% from the year-to-date …

NEWARK, N.J. – A former federal correctional officer was sentenced today to 26 months in prison for accepting approximately $50,000 in cash bribes in exchange for delivering contraband to federal …

NEWARK, N.J. – A New Jersey woman today admitted transmitting the proceeds of a fraudulent scheme in which elderly victims were falsely told that they had won large sums of …

By Ann Saphir – Federal Reserve Chair Jerome Powell won high marks from Wall Street as he dialed up expectations late last year for a more hawkish policy stance to …

By Herbert Lash NEW YORK – Gold prices jumped to an eight-month high and safe-haven debt rose on Thursday after U.S. President Joe Biden said there was every indication Russia …

– U.S. stocks tumbled on Thursday, with investors hastening a move late in the session toward defensive sectors and safe havens such as U.S. bonds and gold as geopolitical tensions …

– Intel Corp said on Thursday it has pushed back the launch of standalone graphics chips for desktops to the second quarter, while those for laptops will be rolled out …

By Matt Scuffham, Noor Zainab Hussain and Elizabeth Dilts Marshall NEW YORK -Wall Street’s biggest banks sounded a warning over the year ahead on Thursday, citing high inflation, credit concerns, …

By Anthony Esposito and Ana Isabel Martinez MEXICO CITY -The expectation that the Federal Reserve will start hiking interest rate soon has put limits on Mexico’s monetary policy, Bank of …

By Arriana McLymore and Uday Sampath Kumar -Walmart Inc fought off snarled supply chains and rising inflation to post its largest-ever holiday season sales and forecast more gains in 2022, …

BROOKLYN PARK, MARYLAND – On February 16, 2022, at approximately 5:15 p.m. officers responded to the area of Old Riverside Road and W. Edgevale Road in Brooklyn Park for a …

By Valentine Baldassari -Ubisoft, the maker of the blockbuster “Assassin’s Creed” video game franchise, said on Thursday it expected to post full-year results at the lower end of its guidance …

By Fergal Smith TORONTO – The Canadian dollar was little changed against its safe-haven U.S. counterpart on Thursday despite Wall Street tumbling on geopolitical worries, with investors sticking to bets …

By Michelle Price and Katanga Johnson WASHINGTON -U.S. authorities filed criminal and civil charges against the founder and former chief investment officer of investment adviser Infinity Q Capital Management LLC, …

By Tom Sims and Alexander Hübner FRANKFURT -German insurer and asset manager Allianz on Thursday said it would set aside 3.7 billion euros ($4.20 billion) to deal with investigations and …

BOSTON – A Florida man was sentenced yesterday for his role in a multi-million-dollar Medicare fraud scheme involving durable medical equipment. Nathan LaParl, 34, of Boca Raton, Fla., was sentenced …

Damian Williams, United States Attorney for the Southern District of New York, and Michael J. Driscoll, the Assistant Director-in-Charge of the New York Office of the Federal Bureau of Investigation …

BOSTON – A member of the violent MS-13 gang was sentenced yesterday in federal court in Boston for RICO conspiracy and for his participation in the murders of two teenagers …