In this article TWTR Elon Musk may tweet about the Twitter deal but not “disparage the company or any of its representatives,” according to a securities filing. Jakub Porzycki | Nurphoto | Getty Images Elon Musk and Twitter continued sparring on Monday, with the social media company slamming the Tesla CEO’s request for a slower
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Take a look at some of the biggest movers in the premarket: Goldman Sachs (GS) – Goldman gained 2.6% in premarket trading, following upbeat profit and revenue. Second-quarter earnings came in at $7.73 per share, compared to a consensus estimate of $6.58 a share. Goldman’s profit dropped from a year ago, however, as the pace
With remarkably high levels of uncertainty surrounding the economy and peak inflation, more investors are looking to reallocate their assets in the second half of the year. “The good news is a good portion of the multiple compression I think is behind us due to expectations for higher inflation,” Jason Trennert, chairman and CEO of
Passengers are seen at the Delta Air Lines check-in counters at Hartsfield-Jackson Atlanta International Airport ahead of the Fourth of July holiday in Atlanta, Georgia, July 1, 2022. Elijah Nouvelage | Reuters Flights, believe it or not, are getting cheaper. Airfares fell a seasonally-adjusted 1.8% from May to June, according to the latest U.S. inflation
If you are a good worker with marketable skills, you have never been as much in demand as you are right now. With 5 million more job openings in the U.S. than there are workers to fill them, companies are desperately seeking talent. And increasingly, they are willing to go where the workers are. “Workforce
In most of the United States, hospitalizations and deaths from Covid seem to be way, way down. Covid deaths nationwide are 522 a day, a tiny fraction of the nearly 3,900 a day in February. But things are not as quiet as they look. In Los Angeles County, Covid is ripping the place up. The
In this article TWTR “The past two years have been an absolutely nightmare of supply chain disruptions, one thing after another, and we are not out of it yet,” Tesla CEO Elon Musk said. Patrick T. Fallon | Reuters Elon Musk wants time to prepare for a trial over his contentious withdrawal from an agreement
In this article TWTR The Twitter logo and trading information is displayed as a trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 3, 2022. Brendan Mcdermid | Reuters Twitter’s board of directors unanimously recommended that its shareholders vote to approve Elon Musk’s $44 billion acquisition
A key Treasury yield curve inversion narrowed on Friday, after hitting its steepest level since 2000 the previous day. Yield-curve inversions, or when shorter-term government bonds have higher yields than longer-term ones, are often viewed by markets as signs that a recession is coming. But the gap between the 2-year and 10-year yields shrunk Friday
The U.S. Senate could begin work on a pared-down China competitiveness bill as soon as next week, with the goal of passing it through Congress before lawmakers depart Washington in August, NBC News reported Thursday. Senate Majority Leader Chuck Schumer, D-N.Y., has told senators that a floor vote could come as early as Tuesday to
U.S. Treasury yields were up on Thursday morning ahead of second-quarter earnings and as investors continued to digest the higher-than-expected inflation print of 9.1% for June. The 2-year Treasury yield, which is more sensitive to monetary policy changes than its longer-term counterparts, rose about 7 basis points to 3.213%. That’s kept a wide gap, or inversion,
A Tesla Model S car equipped with Autopilot David Paul Morris | Bloomberg | Getty Images Tesla AI and Autopilot leader Andrej Karpathy announced Wednesday that he is no longer working for the electric vehicle maker. Karpathy wrote on Twitter, “It’s been a great pleasure to help Tesla towards its goals over the last 5
In this article DAL An Airbus A330-323 aircraft, operated by Delta Air Lines. Benoit Tessier | Reuters Delta Air Lines on Wednesday reported a quarterly profit thanks to travelers willing to pay up to fly, more than making up for higher costs. The carrier also vowed to improve reliability after an increase in delays and
Trump 2020 campaign manager Brad Parscale addresses the crowd before U.S. President Donald Trump rallies with supporters in Manchester, New Hampshire, U.S. August 15, 2019. Jonathan Ernst | Reuters Ex-Trump campaign manager Brad Parscale blamed then-President Donald Trump‘s rhetoric for the death of a woman involved in the Jan. 6 Capitol riot, according to evidence
In this article PEP A customer holds a can of Pepsi beverage at a shopping mall on March 9, 2022 in Shaoxing, Zhejiang Province of China. VCG | Getty Images PepsiCo on Tuesday raised its revenue outlook for the year as consumers snacked on more Doritos chips and drank more Gatorade in its latest quarter
Secretary of Health and Human Services Xavier Becerra testifies before the Senate Health, Education, Labor, and Pensions Committee hearing to discuss reopening schools during the coronavirus disease (COVID-19) at Capitol Hill in Washington, D.C., September 30, 2021. Shawn Thew | Pool | Reuters Physicians must provide abortions in medical emergencies under federal law and will
U.S. Treasury yields were slightly lower Monday as traders continued to digest strong numbers in the latest jobs report and looked ahead to inflation figures due out later this week. The yield on the benchmark 10-year Treasury slipped about a basis point to about 3.0878%, while the yield on the 30-year Treasury bond was also
Former White House Chief Strategist Stephen Bannon, appears on screen during the fourth hearing by the House Select Committee to Investigate the January 6th Attack on the US Capitol in the Cannon House Office Building on June 21, 2022 in Washington, DC. Mandel Ngan | AFP | Getty Images Steve Bannon told the House committee
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