Men wearing military uniform walk along Red Square in front of St. Basil’s Cathedral in central Moscow on February 13, 2023. Alexander Nemenov | Afp | Getty Images The coming months will be crit...
Tag: Politics
US, China spy balloon drama is drifting into supply chain politics
The suspected Chinese spy balloon drifts to the ocean after being shot down off the coast in Surfside Beach, South Carolina, U.S. February 4, 2023. Randall Hill | Reuters The tensions between the U.S...
Nikki Haley announces presidential race, first major Trump challenger
Nikki Haley, a former governor of South Carolina and United Nations ambassador, announced Tuesday she was entering the 2024 presidential race, making her the first Republican to challenge her former b...
Boeing January plane orders and deliveries slip
A Boeing 737 MAX 10 airliner pauses while taxiing on the flight line before its first flight at Renton Municipal Airport on June 18, 2021 in Renton, Washington. Stephen Brashear | Getty Images Boeing&...
The peak of this market rally is almost here, says JPMorgan. Time to ditch U.S. stocks, and buy these instead, says Wall Street giant.
Roses are red, violets are blue, will CPI turn into the stock market’s Waterloo? The inflation data showed higher prices remain sticky, even if overall pressure eased a bit. The stock market seems to ...
Ford sets EV battery factory plan with China’s CATL
DETROIT – Ford Motor said Monday it will collaborate with a Chinese supplier on a new $3.5 billion battery plant for electric vehicles in Michigan, despite tensions between the U.S. and China. The ant...
Here are five companies to pick if Goldman Sachs is right about the stock market being flat in 2023
Hearts, flowers and CPI data. Get ready for Tuesday. And hell hath no fury like a disappointed Wall Street. The last time CPI let the markets down — last September — stocks melted down like chocolate....
The IRS Has New Tax Rules for State Payments. What They Could Mean for You.
The Internal Revenue Service on Friday gave the green light to taxpayers in 21 states who had been waiting for the agency to clarify the taxability of certain state payments before filing their federa...
The Weekend Shift: FTX, Digital Pound, Politics
Welcome to the 105th Weekend Shift! What’s the deal? Over the weekend, we’ll update this post with some of the most interesting articles, podcasts, charts, and opinion pieces we’re too busy to write a...
States says pulling FDA approval would be ‘devastating’
The attorneys general from 21 states and Washington, D.C., on Friday argued that the attempt to pull the abortion pill from the U.S. market would have “devastating consequences” for women....
Astronaut Sen. Mark Kelly praises ‘stunning’ space business
Arizona Sen. Mark Kelly speaks at the annual Commercial Space Transportation conference on Feb. 9, 2023. Michael Sheetz | CNBC Arizona Sen. Mark Kelly, who flew to space four times over a 15-year care...
Air Force’s aging AWACS stirs questions of airborne-battle readiness
As the recent Chinese spy balloon encounter showed, keeping the skies safe is a tough job. For decades the U.S. Air Force has relied on the E-3 Sentry, and the most recent version, the E-3G, has been ...
Tech Layoffs Hit H1B Visa Workers Hard
When she lost her job at Google last month, Jingjing Tan started worrying about her dog, an energetic, 75-pound German shepherd. As a foreign worker living in the U.S. on a temporary work visa, if she...
The Covid emergency in the U.S. ends May 11. HHS officials say here’s what to expect
People walk past a COVID-19 walk up testing site on July 28, 2022 in New York City. Liao Pan | China News Service | Getty Images The Health and Human Services Department on Thursday laid out what will...
Newsom unveils bill to protect California’s Joshua tree
A Joshua tree found along Highway 178 (Isabella Walker Pass Road near Highway 14) is viewed on November 14, 2022, near Inyokern, California. George Rose | Getty Images California Gov. Gavin Newsom thi...
General Motors, GlobalFoundries strike semiconductor deal
The global chip shortage will continue, and consumers will have to pay for it, an analyst from the International Data Corporation said. Sasirin Pamai | Istock | Getty Images General Motors has signed ...
Senate holds first hearing on the suspected Chinese spy balloon
(The stream is slated to start at 10:15 a.m. ET. Please refresh the page if you do not see a video above at that time.) The Senate on Thursday is holding its first hearing on the Chinese spy balloon t...
Airlines, rocket launches compete for airspace as FAA manages demand
The SpaceX launch pad is seen from the window of Air Force One at Kennedy Space Center, Wednesday, May 27, 2020, in Cape Canaveral, Fla. Evan Vucci | AP WASHINGTON — Space companies are launching more...
Senate Foreign Affairs Committee holds a hearing on U.S.-China policy
The Senate Foreign Relations Committee is holding a hearing titled “Evaluating U.S.-China Policy in the Era of Extreme Competition.” The hearing comes two days after President Joe Biden hi...
Biden proposal to cap all insulin prices at $35 a month has little chance of passing Congress
President Joe Biden delivers the State of the Union address to a joint session of Congress on Feb. 7, 2023 Pool | Getty Images President Joe Biden used the bully pulpit during the State of the Union a...
What Elon Musk would pay
Elon Musk attends the 2022 Met Gala at the Metropolitan Museum of Art. Angela Weiss | AFP | Getty Images President Joe Biden drew loud cheers during his State of the Union address Tuesday night when h...
Southwest Senate testimony on holiday meltdown to tout fixes
A Southwest Airlines passenger jet lands at Chicago Midway International Airport in Chicago, Illinois, on December 28, 2022. Kamil Krzaczynski | AFP | Getty Images Southwest Airlines plans to apologiz...
Pentagon Warns China Has More Nuclear Missile Launchers Than U.S. But There’s One Big Catch
Maxar satellite imagery of a missile silo being constructed under inflatable domes at a training … [+] area in north-central China. Satellite image (c) 2021 Maxar Technologies. DigitalGlobe/Gett...
Sam Bankman-Fried funded politics but now FTX demands funds
FTX, the company of former crypto enfant prodigy Sam Bankman-Fried, has sent private letters to individual politicians who were recipients of donations sent by the former CEO and founder demanding the...
Biden Labor Secretary Marty Walsh to become NHL union head
Labor Secretary Marty Walsh listens as U.S. President Joe Biden speaks during an event in the Rose Garden of the White House September 15, 2022 in Washington, DC. Anna Moneymaker | Getty Images Labor ...
Turkey’s Erdogan declares state of emergency for earthquake-hit regions
Turkey’s President and leader of the Justice and Development (AK) Party Recep Tayyip Erdogan delivers a speech during his partys group meeting at the Turkish Grand National Assembly (TGNA) in An...
U.S. House Speaker Kevin McCarthy speaks on the debt ceiling
(The stream is slated to start at 5:30 p.m. ET. Please refresh the page if you do not see a video above at that time.) House Speaker Kevin McCarthy will deliver an address Monday on the debt ceiling. ...
Biden targets stock buybacks — do they help you as an investor?
There seem to be two camps when it comes to stock buybacks. On one hand, share buybacks can reduce a company’s share count, which increases profit per share and hopefully supports a rising stock price...