Three months after Baltimore’s Francis Scott Key Bridge collapsed â killing six people, shutting a major port and disrupting vehicle traffic along the Eastern Seaboard â local, state and federal officials began a massive effort to make the best out of an unimaginable situation. “We’re working with construction companies and designers, and working with the
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Chief Technology Officer of X Elon Musk speaks onstage during the “Exploring the New Frontiers of Innovation: Mark Read in Conversation with Elon Musk” session at the Lumiere Theatre during the Cannes Lions International Festival Of Creativity 2024 – Day Three on June 19, 2024 in Cannes, France. Richard Bord | Wireimage | Getty Images
Nvidia CEO Jensen Huang makes a speech at an event at COMPUTEX forum in Taipei, Taiwan June 4, 2024. Ann Wang | Reuters Apple, Microsoft, Amazon and Google were the four leading global brands at the end of 2023, according to consulting firm Interbrand. They’re are also four of the world’s five most valuable companies.
Economic commentator Kyla Scanlon is noticing a potentially worrying trend in the investing outlook among younger generations. “It’s a bifurcated world,” she told CNBC’s “ETF Edge” this week. Scanlon, 26, who rose to prominence through her social media videos on the market and economy, explained why some members of Generation Z are aggressively saving for
An Alaska Airlines Boeing 737-9 MAX sits at gate at O’Hare International Airport in Chicago, Illinois on May 22, 2024. Daniel Slim | AFP | Getty Images Alaska Airlines‘ flight attendants union said Friday that it reached a “record” tentative labor deal with the carrier, ending a drought of new contracts for cabin crews that
Pavlo Gonchar | Lightrocket | Getty Images The stock price of Trump Media has nearly been cut in half in the roughly three weeks since a New York jury convicted the company’s majority owner, former President Donald Trump, of criminal charges. Shares of the company behind Truth Social, which trades on the Nasdaq Stock Market
On Tuesday, June 18th, a new word showed up in the vocabulary of the Middle-East war: “inevitable.” Nearly every expert in Israel from the country’s military leaders to its newsletter writers said that an all-out war with Lebanon’s Hezbollah was inevitable. And who is Hezbollah? Like Hamas in Gaza, Hezbollah is a part of Iran’s “Axis
Treasury yields were little changed Friday as traders pored through the latest U.S. economic data in search of clues for when the Federal Reserve may cut rates. The 10-year Treasury yield was 1 basis points higher at 4.267%. The 2-year Treasury note yield was also a basis point higher at 4.739%. Yields and prices move
Customers arrive at an Olive Garden location in San Antonio, Texas. Callaghan O’Hare | Bloomberg | Getty Images Casual-dining chains are gaining customers who have grown frustrated with higher fast-food prices, Darden Restaurants CEO Rick Cardenas said on Thursday. While Darden itself hasn’t benefited from the shift, its competitors, like Chili’s owner Brinker International and
U.S. Treasury bond yields rose Thursday as investors weighed fresh economic data indicating further signs of a slowing economy. The 10-year Treasury yield added 4 basis points to 4.257%. The 2-year was up 3 basis points at 4.733%. Yields and prices move in opposite directions. One basis point is equivalent to 0.01%. Initial jobless claims
Kristalina Georgieva, chief executive officer of the World Bank Group, arrives to a briefing at the annual meetings of the International Monetary Fund (IMF) and World Bank in Washington, DC, US, on Friday, April 19, 2024. Bloomberg | Bloomberg | Getty Images The head of the International Monetary Fund on Thursday called on Europe to
File photos: “For Sale” sign Brandon Bell | Getty Images Consumers seemed unimpressed by the latest drop in mortgage rates. Total mortgage application volume rose just 0.9% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550
Ilya Sutskever, Russian Israeli-Canadian computer scientist and co-founder and chief scientist of OpenAI, speaks at Tel Aviv University in Tel Aviv, June 5, 2023. Jack Guez | AFP | Getty Images OpenAI co-founder Ilya Sutskever, who left the artificial intelligence startup last month, introduced his new AI company, which he’s calling Safe Superintelligence, or SSI.
Omar Marques | Lightrocket | Getty Images The stock price of Trump Media plunged by more than 17% in after-hours trading Tuesday after the Truth Social app owner said its registration of additional shares had been declared effective by the Securities and Exchange Commission. Trump Media, which trades under the DJT ticker, had seen its
An Amazon warehouse Getty Images California’s labor regulator on Tuesday said it fined Amazon nearly $6 million for violating a state law aimed at curtailing the use of onerous warehouse productivity quotas. The California Labor Commissioner’s Office said it investigated two Amazon facilities in Moreno Valley and Redlands, both located east of Los Angeles, and
Boeing’s CEO Dave Calhoun and chief engineer Howard McKenzie turn to face those who lost loved ones in fatal crashes as they testify before a Senate Homeland Security and Governmental Affairs Committee Investigations Subcommittee hearing on the safety culture at Boeing, on Capitol Hill in Washington, U.S., June 18, 2024. Kevin Lamarque | Reuters WASHINGTON
Former US President Donald Trump leaves the courthouse after a jury found him guilty of all 34 felony counts in his criminal trial at New York State Supreme Court in New York, New York, USA, 30 May 2024. Trump faced 34 felony counts of falsifying business records related to payments made to adult film star
U.S. Treasury bond yields rose Tuesday as investors traders looked ahead to May retail sales data for insights into the health of the consumer. The 10-year Treasury yield was under a basis point higher at 4.2808%. The 2-year Treasury note yield was also up by less than a basis point to 4.7629%. Yields and prices
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