US News

The Federal Reserve announced Wednesday that it will lower its benchmark rate by another quarter point, or 25 basis points. This marks the third rate cut in a row — all together shaving a full percentage point off the federal funds rate since September. For consumers struggling under the weight of high borrowing costs after
0 Comments
The Supreme Court on Wednesday agreed to hear arguments that a law that would effectively ban TikTok if its parent company does not sell the popular social media app violates the U.S. Constitution’s free speech protections. The Supreme Court scheduled oral arguments in the case for Jan. 10. That is nine days before the law
0 Comments
Republican Presidential candidate, former U.S. President Donald Trump speaks to attendees during a campaign rally at the Johnny Mercer Theatre on September 24, 2024 in Savannah, Georgia. Brandon Bell | Getty Images President-elect Donald Trump’s pledge to impose a blanket tariff on all goods coming into the U.S. could wreak havoc for European carmakers, with
0 Comments
The benchmark 10-year Treasury yield moved higher on Friday as investors look ahead to the Federal Reserve’s final meeting of the year. The 10-year Treasury yield was up more than 7 basis points at 4.401% after jumping more than 6 basis points on Thursday to climb above the 4.3% level. Meanwhile, the yield on the
0 Comments
A drone or SUAV, Small Unmanned Aerial Vehicle. Richard Newstead | Moment | Getty Images The FBI and Department of Homeland Security said on Saturday that ongoing investigations around reported drone sightings over New Jersey have found “many of the reported drone sightings are, in fact, manned aircraft being misidentified as drones.” The investigations have also found no evidence that
0 Comments
Jaque Silva | Nurphoto | Getty Images A 26-year-old former OpenAI researcher, Suchir Balaji, was found dead in his San Francisco apartment in recent weeks, CNBC has confirmed. Balaji left OpenAI earlier this year and raised concerns publicly that the company had allegedly violated U.S. copyright law while developing its popular ChatGPT chatbot. “The manner
0 Comments