Acting Secretary of Homeland Security Chad Wolf testifies at his Senate Homeland Security and Governmental Affairs Committee confirmation hearing on September 23, 2020 in Washington, DC. Greg Nash | AFP | Getty Images Acting Homeland Security Secretary Chad Wolf resigned Monday, becoming the third Cabinet-level official to quit on the heels of the riot at
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The 10-year U.S. Treasury yield remained higher than the 1.1% mark on Monday morning, after President-elect Joe Biden on Friday promised further economic stimulus that would be “in the trillions of dollars.” The yield on the benchmark 10-year Treasury note rose to 1.11% at 3:45 a.m. ET, while the yield on the 30-year Treasury bond
2021 Ford F-150 Limited Ford Look no further than the automotive industry’s best-selling vehicles of last year as proof of America’s love for pickup trucks. Led by trucks from the Detroit automakers, pickups accounted for five of the industry’s 10 best-selling vehicles in 2020 despite their increasingly higher prices and the coronavirus pandemic. Ford Motor’s
Parler CEO John Matze joins CNBC’s “Squawk on the Street” on July 2, 2020. CNBC Amazon has pulled the plug on Parler, a social media app popular with Trump supporters, in the wake of the deadly U.S. Capitol riot earlier this week. Amazon’s cloud-computing unit, Amazon Web Services (AWS), informed Parler on Saturday that it
A flight attendant gathers trash on a flight aboard a Boeing 737 Max from Dallas Fort Worth Airport to Tulsa, Oklahoma, December 2, 2020. Carlo Allegri | Reuters The head of the Federal Aviation Administration on Saturday said travelers will face serious consequences for unruly behavior on aircraft, a stern warning that comes after several
What is “perseverance”? A word that can describe beloved “Jeopardy!” host Alex Trebek and James Gilligan, a contestant on Trebek’s final episode. Gilligan is an assistant professor of English language and literature at San Francisco State University who has tried for 30 years to become a contestant on the iconic show. “I’ve been trying since
President-elect Joe Biden said Friday that it’s good President Donald Trump will skip the inauguration ceremony later this month after one of the most chaotic weeks in modern American politics. Trump, who helped stoke Wednesday’s violent riot on Capitol Hill, said on Twitter earlier Friday that he would not attend the event on Jan. 20.
U.S. Treasury yields continued to climb early on Friday, ahead of the release of the country’s jobs growth report for December, due out later that morning. The yield on the benchmark 10-year Treasury note rose to 1.088% at 3:55 a.m. ET, while the yield on the 30-year Treasury bond went up to 1.861%. Yields move
Members of the Metropolitan Police Department of the District of Columbia are seen in front of the U.S. Capitol a day after a pro-Trump mob broke into the building on January 07, 2021 in Washington, DC. Joe Raedle | Getty Images The acting top federal prosecutor in Washington, D.C., said Thursday that the filing of
The 10-year U.S. Treasury yield continued its ascent above the 1% mark on Thursday morning, following a projected win for the Democrats of two Senate seats in the Georgia runoff elections. The yield on the benchmark 10-year Treasury note rose to 1.063% at 3:40 a.m. ET, while the yield on the 30-year Treasury bond jumped
Senate Minority Leader Charles Schumer (D-NY) speaks to reporters on an agreement of a coronavirus disease (COVID-19) aid package on Capitol Hill in Washington, D.C., U.S. December 20, 2020. Ken Cedeno | Reuters After years shut out of power, Democrats are about to have a lot more room to maneuver in Washington. With Democrats Raphael
The 10-year U.S. Treasury yield topped the 1% mark, as traders eyed incoming results from the Georgia runoff elections, determining which party has control of the Senate. The yield on the benchmark 10-year Treasury note rose to 1.005% at 4 a.m. ET, while the yield on the 30-year Treasury bond climbed to 1.772%. Yields move
The 2019 Jeep Gladiator Mack Hogan | CNBC Fiat Chrysler narrowed its sales losses in the fourth quarter but not enough to avoid what is expected to be one of the worst declines in the auto industry for 2020. The Italian-American automaker’s U.S. sales tumbled 17.4% last year compared with 2019, the company said Tuesday.
Gabriel Sterling, Voting System Implementation Manager of Georgia Secretary of State’s office, speaks at a news conference at the State Capitol in Atlanta, Georgia, January 4, 2021. Mike Segar | Reuters President Donald Trump made a series of “provably false” claims during his controversial phone call to pressure Georgia’s secretary of state to reverse President-elect
A man wearing a face mask walks past the U.S. Federal Reserve in Washington, D.C., the United States, on Dec. 2, 2020. Liu Jie | Xinhua News Agency | Getty Images The Federal Reserve enters the new year with a fresh challenge on its plate, namely whether its commitment to higher inflation will bring power
U.S. government debt prices were lower Monday morning as investors prepare for the start of a new year of trading. At around 4:10 a.m. ET, the yield on the benchmark 10-year Treasury note climbed to 0.9265% while the yield on the 30-year Treasury bond rose to 1.6556%. Yields move inversely to prices. The Dow and
U.S. President Donald Trump waves as he boards Air Force One at Joint Base Andrews in Maryland, U.S., December 23, 2020. Tom Brenner | Reuters President Donald Trump on Sunday said he will attend protests in Washington, D.C. on Jan. 6, the day Congress certifies Electoral College votes and declares President-elect Joe Biden’s victory. The
Georgia Democratic Senate candidates Raphael Warnock (R) and Jon Ossoff (L) bump elbows during a “It’s Time to Vote” drive-in rally on December 28, 2020 in Stonecrest, Georgia. Jessica McGowan | Getty Images More than 3 million Georgia residents have already cast their votes in the two Jan. 5 runoff races, a historic turnout in