US News

U.S. Vice President and Democratic Presidential candidate Kamala Harris speaks to supporters during a campaign rally in Romulus, Michigan, U.S., August 7, 2024.  Rebecca Cook | Reuters Former President Donald Trump on Sunday falsely accused his November election opponent, Vice President Kamala Harris, of using AI technology to fabricate images of the crowd sizes at

A sign advertises meal deals at a McDonald’s restaurant in Burbank, California, on July 22, 2024. Mario Tama | Getty Images Restaurant CEOs have become obsessed with the word “value” in explaining to investors why their sales lagged this quarter while sharing plans to revive traffic in the coming months. On McDonald’s quarterly conference call

U.S. Vice President and Democratic presidential candidate Kamala Harris speaks with members of the media before boarding Air Force Two at Detroit Metropolitan Wayne County Airport in Romulus, Michigan, U.S., August 7, 2024. Elizabeth Frantz | Reuters Vice President Kamala Harris on Saturday fiercely disagreed with former President Donald Trump‘s suggestion this week that U.S.

OpenAI, the company behind the ChatGPT chatbot, was founded in 2015 by a number of researchers, academics and entrepreneurs, including Sam Altman, Greg Brockman and Elon Musk. Altman and Brockman are still at OpenAI, serving as CEO and president, respectively. Musk departed in 2018. At the time, OpenAI said Musk left to avoid a conflict

The 2019 Ram 1500 Rebel pickup truck is displayed at the North American International Auto Show in Detroit on Jan. 15, 2018. Brendan McDermid | Reuters DETROIT — Automaker Stellantis plans to indefinitely lay off up to 2,450 U.S. factory workers later this year as it discontinues production of an older version of its Ram

U.S. Treasury yields were lower Friday as investors continued to assess the state of the U.S. economy after labor data buoyed sentiment. The yield on the 10-year Treasury was around 6 basis points lower at 3.936% at 10:16 a.m. ET, nonetheless holding near the level it was at last week before a weak U.S. jobs report helped trigger

Elon Musk attends the “Exploring the New Frontiers of Innovation: Mark Read in Conversation with Elon Musk” session during the Cannes Lions International Festival Of Creativity 2024 – Day Three in Cannes, France, on June 19, 2024. Marc Piasecki | Getty Images A global advertising association said it is suspending the operations of a unit

A general view of a Tim Hortons Drive-Thru coffeehouse and restaurant at Lakeside Retail Park on February 5, 2024 in Grays, United Kingdom. John Keeble | Getty Images Restaurant Brands International on Thursday reported quarterly revenue that beat analysts’ expectations, fueled by better-than-expected sales at Tim Hortons and the company’s international restaurants. “We certainly were planning

Vice President Kamala Harris would prioritize small business growth and large industry competition in shaping her own antitrust and regulatory policy if she wins the presidency in November, Maryland’s Democratic Gov. Wes Moore said Wednesday. “Making sure that we are both supporting our small businesses and making it easier for small business to be able

Model Y cars are pictured during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022.  Patrick Pleul | Pool | Via Reuters European drugstore giant Rossmann announced Tuesday it will no longer buy Tesla‘s electric vehicles for its fleet, effective immediately, citing CEO Elon Musk‘s pro-Trump political

U.S. Vice President and Democratic presidential candidate Kamala Harris holds a campaign rally with her newly chosen vice presidential running mate Minnesota Governor Tim Walz in Philadelphia, Pennsylvania, U.S., August 6, 2024.  Elizabeth Frantz | Reuters Vice President Kamala Harris and Minnesota Gov. Tim Walz, her newly minted running mate, made their first public appearance

Treasury yields bounced back on Tuesday as investors closely monitored a reversal of the previous day’s global market sell-off. The yield on the benchmark 10-year Treasury note traded more than 5 basis points higher at 3.836% at 10:20 a.m. ET. It comes after the yield on the 10-year Treasury note on Monday fell to its

Republican presidential nominee Donald Trump on Monday blamed Vice President Kamala Harris for the stock market‘s dramatic plunge, months after claiming he deserved credit for the market’s then-record upswing. “Of course there is a massive market downturn. Kamala is even worse than Crooked Joe,” Trump wrote in a post on Truth Social about Harris, the

A pedestrian walks past a display board showing the morning numbers on the Tokyo Stock Exchange along a street in Tokyo on August 5, 2024.  Richard A. Brooks | Afp | Getty Images A rapid unloading of “carry trades” extended on Monday, with market participants seeking to roll back on the popular strategy amid a

In its fiscal third-quarter earnings report to investors in late June, pharmacy chain Walgreens announced plans to close a “significant” number of its 8,600 U.S. stores. CEO Tim Wentworth said only 75% of the chain’s locations were making a profit, and that the other one-quarter of them faced the chopping block by 2027. This was

2025 Chevrolet Corvette ZR1 Coupe with ZTK Performance Package. DETROIT — Tadge Juechter’s first “taste” of Corvette working at General Motors was to research whether there were enough Americans who could afford a new high-performance model of the famed sports car, known as the ZR1, back in 1985. Nearly 40 years later, not only are

Republican presidential nominee and former U.S. President Donald Trump and U.S. Vice President Kamala Harris. Andrew Kelly | Evelyn Hockstein | Reuters Vice President Kamala Harris and Republican presidential nominee Donald Trump took turns insulting each other Saturday over a weekslong dispute about when and where they would debate each other. The former president has

A “For Sale” sign in front of a home in Arlington, Virginia, on Aug. 22, 2023. Andrew Caballero-Reynolds | AFP | Getty Images The average rate on the popular 30-year fixed mortgage dropped 22 basis points to 6.4% Friday, according to Mortgage News Daily. That is the lowest rate since April 2023. The 15-year fixed

Signage outside the Nasdaq MarketSite in New York on March 23, 2023. Stephanie Keith | Bloomberg | Getty Images With quarterly earnings from tech’s mega-cap companies largely in the rearview mirror, one thing is clear: Wall Street is nervous. The Nasdaq Composite slumped 3.4% this week, bringing its three-week slide to 8.8%. That’s the worst