US News

Marc Benioff, CEO of Salesforce.com, speaks during a keynote at the Dreamforce 2023 conference in San Francisco on Sept. 12, 2023. Marlena Sloss | Bloomberg | Getty Images Salesforce announced Thursday that it would pay $1.9 billion in cash for Own Co., a startup specializing in tools for backing up data in cloud-based applications. Salesforce

Republican presidential nominee and former U.S. President Donald Trump speaks during a Fox News town hall hosted by Sean Hannity in Harrisburg, Pennsylvania, U.S. September 4, 2024.  Evelyn Hockstein | Reuters The federal criminal election interference case against Donald Trump resumed in Washington, D.C., on Thursday after a nearly yearlong delay related to arguments on

Alvaro Gonzalez | Moment | Getty Images Layoffs soared in August, hitting their highest total for the month in 15 years, while year-to-date hiring reached a historic low, outplacement firm Challenger, Gray & Christmas reported Thursday. Announced job cuts totaled 75,891 for the month, lurching 193% higher than July. Though the total was just 1%

A group of Amazon delivery drivers hold a labor strike at the DAX7 Amazon Sortation Center in South Gate. The police became involved due to the hold up of Amazon vehicles.  Zoe Cranfill | Los Angeles Times | Getty Images Amazon should be considered a “joint employer” of some of its contracted delivery drivers, a

A trader signals an offer in the Standard & Poor’s 500 stock index futures pit at the CME Group in Chicago on Dec. 14, 2010. Scott Olson | Getty Images News | Getty Images The relationship between the 10- and 2-year Treasury yield briefly normalized Wednesday, reversing a classic recession indicator. Following economic news that

File photo Patrick T. Fallon | Bloomberg | Getty Images Mortgage demand is now heavily skewed toward refinancing, as interest rates declined for the fifth straight week. Total mortgage application volume rose just 1.6% last week, compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate

Jensen Huang, co-founder and CEO of Nvidia, displays the new Blackwell GPU chip during the Nvidia GPU Technology Conference in San Jose, California, on March 18, 2024. David Paul Morris/Bloomberg via Getty Images Nvidia plunged 9.5% on Tuesday, wiping nearly $300 billion off the chipmaker’s market cap and pulling chip stocks down with it. Intel

Jakub Porzycki | Nurphoto | Getty Images The share price of Trump Media, whose majority shareholder is former President Donald Trump, fell Tuesday to the lowest level seen since the Truth Social parent company began public trading in March following a merger. DJT shares dropped to $17.89 per share around midday Tuesday, The stock’s prior low was set on Aug. 28,

A Tesla Cybertruck in front of a graffiti mural on Aug. 28, 2024 in Detroit. Michael Wayland / CNBC DETROIT – Spaceship. Dream car. UFO. Dumpster. Cool. Stupid. Phenomenal. Abomination. Those were all words used to describe the Tesla Cybertruck during a 24-hour rental of the vehicle in metropolitan Detroit. They were expressed by strangers,

U.S. Vice President and Democratic presidential candidate Kamala Harris and her running mate Minnesota Governor Tim Walz gesture at a campaign rally in Milwaukee, Wisconsin, U.S., August 20, 2024.  Kevin Lamarque | Reuters To understand the economic vision of the Harris-Walz presidential ticket, Minnesotans say just look at the North Star State. “I’ve heard some

Jaap Arriens | Nurphoto | Getty Images A panel of Brazil’s federal supreme court justices voted unanimously to uphold orders suspending the use of Elon Musk’s social network X nationwide. One justice, Luiz Fux, voted to uphold but expressed “reservations” about a measure of the order that allows the court to fine individuals or businesses

The Huawei flagship store and the Apple flagship store are seen at Nanjing Road Pedestrian Street in Shanghai, China, September 2, 2024.  Cfoto | Future Publishing | Getty Images Huawei said Monday it plans to hold a product launch event this month just hours after Apple‘s annual iPhone reveal as the Chinese technology giant looks

Inflation edged higher in July, according to a measure favored by the Federal Reserve as the central bank prepares to enact its first interest rate reduction in more than four years. The Commerce Department reported Friday that the personal consumption expenditures price index rose 0.2% on the month and was up 2.5% from the same

Former US President and Republican presidential candidate Donald Trump (L) dances as he leaves the stage after speaking alongside former US Representative Tulsi Gabbard during a town hall meeting in La Crosse, Wisconsin, on August 29, 2024.  Kamil Krzaczynski | Afp | Getty Images Former Democratic Rep. Tulsi Gabbard, who has endorsed Republican former President

The Red Lobster logo is displayed outside of a closed restaurant in Torrance, California, on May 14, 2024. Patrick T. Fallon | Afp | Getty Images Restaurant bankruptcy filings have surged so far this year, echoing a broader rise in corporate bankruptcies across sectors. At least 10 restaurant chains, not including multi-unit franchisees, have filed

China’s slow post-Covid recovery could be a lasting headwind for its stock market. With the mainland’s two largest indexes — the Shanghai Composite and the Shenzhen Composite — each negative so far in 2024, KraneShares Chief Investment Officer Brendan Ahern thinks government stimulus is necessary to kick-start the country’s stock market performance. “Investors, particularly in

U.S. Vice President Kamala Harris and Republican presidential nominee and former U.S. President Donald Trump. Brendan Mcdermid | Elizabeth Frantz | Reuters Vice President Kamala Harris on Saturday skewered former President Donald Trump for filming at the Arlington National Cemetery, accusing him of exploiting his visit for political purposes, which is prohibited. “Let me be clear:

Jaque Silva | SOPA Images | Lightrocket | Getty Images Brazil’s supreme court on Friday ordered a nationwide suspension of Elon Musk’s social network X after the company vowed to defy earlier court orders concerning content moderation and the appointment of a legal representative in the country. Alexandre de Moraes, the court’s top judge, has