Tuesday's trading: 5 things to know
Here are the key events taking place on Tuesday that could impact trading, including the Commerce Department's trade balance report for April.
Biden suspends tariffs on solar panels from Southeast Asia amid measures to boost supplies to US manufacturers
Biden invoked the Defense Production Act as supply chain issues have caused slowdowns for the American production of solar panels and he aims to enact policies to fight climate change
US authorities obtain warrant to seize Boeing, Gulfstream jets tied to Russian oligarch Roman Abramovich
Boeing and Gulfstream jets tied to Russian oligarch Roman Abramovich are the latest targets in the United States' efforts to hold Russia accountable for its invasion of Ukraine.
Marriott hotels pull out of Russia, citing Western sanctions
The latest wave of sanctions from the U.S. and NATO made operating in Russia impossible and Marriott will be pulling out of the country, the hotel chain announced.
US officials push back on reports of dark web javelin missiles: 'Russian disinformation'
The U.S. has provided Ukraine with at least 5,500 Javelin missiles, with plans to provide an additional 1,000 missiles in the newest assistance package approved this week.
New US sanctions target Russia-linked yachts and jets, Putin's money manager
Russian yachts, Vladimir Putin's money manager and government officials have been sanctioned Thursday by the U.S. Treasury Department.
California former solar company exec sentenced to prison for ‘billion-dollar Ponzi scheme,’ prosecutors say
The former executive of the California-based firm DC Solar was sentenced Tuesday to eight years in prison and to pay nearly $620 million in restitution.
Sanctioned Russian oligarch's megayacht found in UAE creek
Russian oligarch Andrey Melnichenko's megayacht, Motor Yacht A, was found docked at a United Arab Emirates creek after the billionaire's first yacht was seized in March.
United Airlines to fly baby formula from London to US as part of Biden's Operation Fly Formula
President Biden's administration is scrambling to import baby formula from the United Kingdom in 'Operation Fly Formula'
Russia's Gazprom cuts gas to Germany, Denmark over ruble fight
Russian energy giant Gazprom cut off gas supplies to top energy companies in Denmark and Germany after they refused to pay in the mandated Russian ruble.
Deutsche Bank subsidiary CEO resigns after greenwashing raid
The chief executive of Deutsche Bank subsidiary DWS is stepping down following an office raid and allegations that the company was exaggerating the environmental credentials of its funds.
Europe inflation spikes to record 8.1%, matching US
European inflation spiked to a record 8.1 percent in May, matching the U.S. and Britain, which have both set 40-year records for inflation in March and April.
Russia's largest bank gets booted from SWIFT in latest sanction hit
Russia's largest bank, Sberbank, is the latest to be hit by European Union sanctions and will be barred from utilizing the SWIFT international banking system.
Chelsea Football Club, formerly owned by Russian oligarch Roman Abramovich, sold in record deal
A consortium involving LA Dodgers part-owner Todd Boehly completed the purchase of the Chelsea Football Club once owned by Roman Abramovich.
EU nears Russia oil sanctions agreement, with carve-out for pipelines
A new proposed agreement for sanctions against Russian oil could draw more countries in by allowing an exception for pipelines, but it may be too weak for some.
Families in Africa burdened with higher food costs, hunger because of Russia's war on Ukraine
African families are seeing the price of wheat flour soar as countries have not been able to import goods through the Black Sea since Russia's war on Ukraine began.
Dollar heads toward monthly loss as investors scale back bets
The dollar suffered losses last week and was headed toward its first monthly decline in five months as concerns about a global recession have begun to wane.
Southwest Airlines passenger who masturbated mid-flight gets prison time
A Southwest Airlines passenger who masturbated four times during a flight from Washington to Arizona was sentenced to 48 days in prison plus one year of probation.
Former Minnesota police detective launches pet brand to help animals 'live the good life'
Rian Thiele tells FOX Business about leaving the police force, and how he co-founded his wellness brand, Pet Evolution.
Top Ukrainian official asks Saudi Arabia to fix fuel crisis
Ukrainian Foreign Minister Dmytro Kuleba asked Saudi Arabia to 'resolve' the energy crisis plaguing his war-torn nation amid Russia's war.



















