A worker prepares packages at an Amazon same-day delivery fulfillment center on Prime Day in the Bronx borough of New York, US, on Tuesday, July 16, 2024. Amazon.com Inc.’s Prime Day sales rose about 13% in the first six hours of the event compared with the same period last year, according to Momentum Commerce, which
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Republican vice presidential candidate Sen. JD Vance, R-Ohio, speaks at a campaign rally at VFW Post 92 in New Kensington, Pennsylvania, on Aug. 15, 2024. Jeff Swensen | Getty Images Republican presidential running mate Sen. JD Vance offered few specifics when grilled Friday about how former President Donald Trump would pay for his new plan
Anger is on the rise in 2024. Ask ChatGPT or the search engine for scientific studies, Consensus, and they will feed you great gobs of information showing that anger in America is reaching record highs. What’s more, they will tell you that much of the anger scientists have studied recently is based on politics. Republicans are furious
Vice President Kamala Harris, left, and former President Donald Trump Reuters Consumers who cut their cable cord in recent years are finding that there’s one thing about linear TV they can’t escape: political ads. With the U.S. presidential election less than 70 days away, campaigns are swarming streaming services like Roku and Hulu to such
Paris 2024 Paralympic Games logo, on July 22, 2024, in Paris France. Nurphoto | Nurphoto | Getty Images As the dust of the 2024 Paris Olympics settles, venues across the City of Light welcome a new crop of athletes for the Paralympic Games. While the International Paralympic Committee does not dole out prize money for
CrowdStrike shares slipped 4% in extended trading on Wednesday after the cybersecurity software maker reported strong fiscal second-quarter results but reduced full-year guidance in the wake of a global outage. Here is how the company did compared to LSEG consensus: Earnings per share: $1.04 adjusted vs. 97 cents expected Revenue: $963.9 million vs. $959 million
The U.S. 10-year Treasury fell slightly on Thursday as investors looked ahead to a key inflation report due on Friday. The yield on the 10-year Treasury traded 1.6 basis points lower at 3.825%, while the yield on the 2-year Treasury slipped less than 1 basis point to 3.861%. Yields and prices move in opposite directions.
Salesforce shares rose 4% in extended trading on Wednesday after the business software maker reported robust fiscal second-quarter results that beat estimates and raised its full-year profit outlook. The company also said Amy Weaver, its chief financial officer, will step down. She will remain at the company as the CFO until a successor is appointed
Sarah Palin, 2008 Republican vice presidential candidate and former Alaska governor, arrives for her defamation lawsuit against The New York Times, at the U.S. Courthouse in the Manhattan borough of New York City on Feb. 14, 2022. Eduardo Munoz | Reuters A federal appeals court on Wednesday for the second time overturned the dismissal of
The U.S. 10-year Treasury dipped on Wednesday as investors awaited a key U.S. inflation report due later in the week. The yield on the 10-year Treasury slipped more than 2 basis points to 3.808%, while the yield on the 2-year Treasury fell 1 basis point to 3.852%. Yields and prices move in opposite directions. One
Former President Donald Trump‘s economic proposals would increase federal deficits by $5.8 trillion over the next decade, almost five times more than those of Vice President Kamala Harris, which would add $1.2 trillion, according to a new pair of studies from the nonpartisan Penn Wharton Budget Model. The Trump report found that his plan to
The U.S. 10-year Treasury rose on Tuesday as investors monitored fresh economic data after the Federal Reserve boosted already-high expectations for imminent interest rate cuts. The yield on the 10-year Treasury climbed more than basis point to 3.831%, while the yield on the 2-year Treasury was trading 3 basis points lower at 3.905%. Yields and
An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023. Brendan McDermid | Reuters Eli Lilly on Tuesday released a new form of its weight loss drug Zepbound for roughly half its usual monthly list price to reach millions of patients without insurance coverage for
An Amazon contract worker pulls a cart of packages for delivery in New York, US, on Monday, April 22, 2024. Angus Mordant | Bloomberg | Getty Images Amazon aggregators Branded and Heyday plan to merge, CNBC has learned, as a segment of the e-commerce industry that boomed during the Covid era continues to consolidate. In
Republican Presidential nominee, former president Donald J. Trump remarks during a campaign event at Precision Custom Components on August 19, 2024 in York, Pennsylvania. Tierney L. Cross | Getty Images A New York federal judge has ordered U.S. probation officials to investigate the recent arrest of a convicted drug dealer who was released from prison
Blocked from the U.S. by tariffs, Chinese electric vehicle makers have looked elsewhere to sell their high-tech cars. But as Mexico has emerged as a hot spot for Chinese EVs, Washington officials worry the country may be used as a “backdoor” to the U.S. market. Last year, China was the leading car supplier to Mexico,
Elon Musk (L) and Donald Trump (R). David Swanson | Vincent Alban | Reuters Former President Donald Trump said that Tesla and SpaceX CEO Elon Musk likely couldn’t serve in his hypothetical White House cabinet due to the demanding schedule of running his various companies. “He wants to be involved. Now look, he’s running big
Federal Reserve Chair Jerome Powell laid the groundwork Friday for interest rate cuts ahead, though he declined to provide exact indications on timing or extent. “The time has come for policy to adjust,” the central bank leader said in his much-awaited keynote address at the Fed’s annual retreat in Jackson Hole, Wyoming. “The direction of
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