US News

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

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

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

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