US News

America’s economic engagement in Indo-Pacific “isn’t about China” but for strengthening U.S. presence in the region, Commerce Secretary Gina Raimondo told CNBC.   President Joe Biden launched the Indo-Pacific Economic Framework for Prosperity, involving14 countries, about two years ago, for economic and trade cooperation among the member states. The IPEF was also seen as a

(L-R) U.S. Supreme Court Chief Justices Clarence Thomas, Ruth Bader Ginsburg, Stephen Breyer, and Samuel Alito attend Judge Neil Gorsuch’s judicial oath ceremony in the Rose Garden at the White House April 10, 2017 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images Supreme Court Justice Clarence Thomas accepted millions of dollars’

The sun sets behind the SpaceX Starship ahead of its fourth flight test at Boca Chica beach on June 05, 2024 in Brownsville, Texas.  Brandon Bell | Getty Images SpaceX completed a test flight of its Starship rocket for the first time on Thursday, as the company pushed development of the mammoth vehicle past new

American Airlines flight attendants demonstrate outside the White House in Washington, May 9, 2024. Drew Angerer | AFP | Getty Images The labor union that represents American Airlines flight attendants on Wednesday rejected a company proposal to immediately raise pay by 17%. CEO Robert Isom offered flight attendants immediate 17% wage increases earlier Wednesday as

Senate Minority Leader Mitch McConnell, R-Ky., speaks during a press conference following the weekly Senate caucus luncheons on Capitol Hill in Washington, April 9, 2024. Amanda Andrade-Rhoades | Reuters Senate Minority Leader Mitch McConnell, R-Ky., suggested Wednesday that the Supreme Court should punish at least two Democratic senators over their calls for Justice Samuel Alito

Boeing aims to launch its first Starliner flight with astronauts on Wednesday, in the latest attempt to fly the long-delayed spacecraft. The launch is scheduled for 10:52 a.m. ET from Cape Canaveral, Florida. Two NASA astronauts will be aboard the Starliner capsule, which will be carried by United Launch Alliance’s Atlas V rocket to the

Amazon workers arrive with paperwork to unionize at the National Labor Relations Board office in Brooklyn, New York, Oct. 25, 2021. Brendan Mcdermid | Reuters The Amazon Labor Union, the first group of company workers to organize at a U.S. warehouse, said Tuesday that it’s taken steps to affiliate with the International Brotherhood of Teamsters.

U.S. President Joe Biden announces an executive order on enforcement at the U.S.-Mexico border, as he delivers remarks in the East Room of the White House in Washington, U.S., June 4, 2024.  Leah Millis | Reuters President Joe Biden‘s new executive order tightening asylum limits at the U.S.-Mexico border could have the double-edged economic effect

The Mustang Mach-E on display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBC DETROIT – Ford Motor’s U.S. new vehicle sales rose 11.2% last month compared to May of last year, boosted by strong sales growth for all-electric and hybrid models. The Detroit automaker on Tuesday reported roughly

Henry Jarecki, and Christine Corcoran attend the Annual Freedom Award Benefit Event hosted by International Rescue Committee on November 5, 2014 in New York City. Jemal Countess | Getty Images A woman who says she was a sexual abuse victim of Jeffrey Epstein filed a lawsuit Monday against the famed psychiatrist, entrepreneur and commodities trader Henry Jarecki, alleging that Jarecki raped

Microsoft CEO Satya Nadella speaks at a media briefing at the company’s campus in Redmond, Washington, on May 20, 2024. Chona Kasinger | Bloomberg | Getty Images Microsoft will lay off some employees who work on mixed reality, a spokesperson told CNBC on Monday. Although the cuts will affect the department that contributes to the

Chocolate’s key ingredient has soared in commodities markets throughout 2024. Spot prices for cocoa began the year around $4,200 a ton, then hit an all-time high of more than $11,000 an ounce in late April before settling above $9,000. Factors such as crop disease, El Niño, farm-gate prices and market speculation all played big roles

Presidential candidate Claudia Sheinbaum of ”Sigamos Haciendo Historia” coalition waves to supporters during the 2024 closing campaign event at Zocalo on May 29, 2024 in Mexico City, Mexico. Hector Vivas | Getty Images News | Getty Images Mexico’s left-leaning climate scientist Claudia Sheinbaum secured enough votes to become the Latin American country’s first-ever female president.

Republican presidential candidate and former U.S. President Donald Trump speaks during a press conference, the day after a guilty verdict in his criminal trial over charges that he falsified business records to conceal money paid to silence porn star Stormy Daniels in 2016, at Trump Tower in New York City, U.S., May 31, 2024.  Brendan

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Tuesday, March 19, 2024.  David Paul Morris | Bloomberg | Getty Images Nvidia’s 27% rally in May pushed its market cap to $2.7 trillion, behind only Microsoft and Apple among the most-valuable

Retired Navy Admiral Robert Burke. Courtesy: U.S. Navy A retired four-star U.S. Navy admiral, who was once the military branch’s second-highest-ranking officer, was arrested on Friday for a bribery scheme with two tech CEOs, the Department of Justice announced. From 2020 to 2022, Robert Burke, a 62-year-old resident of Coconut Creek, Fla., allegedly used his

Boeing’s Starliner spacecraft atop the United Launch Alliance Atlas V rocket rolls out in Florida on Thursday, May 30, 2024. Isaac Watson | NASA Boeing’s first Starliner flight with astronauts on board was called off in the final minutes on Saturday, and the backup Sunday launch date was also canceled. The company was targeting a

Salesforce executives told investors that deals are shrinking or getting delayed. Dell said its margin is getting smaller. Okta highlighted macroeconomic challenges. And Veeva’s CEO said on his company’s earnings call that generative artificial intelligence has been “a competing priority” for customers. Add it all up and it was a brutal week for software and