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
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Former U.S. President and Republican presidential candidate Donald Trump speaks during his campaign event, in Racine, Wisconsin, U.S. June 18, 2024. Brendan Mcdermid | Reuters Former President Donald Trump on Saturday gave a brief glimpse of the ammunition he is loading up against President Joe Biden’s handling of the economy ahead of the first presidential
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
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.
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
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
Three months after Baltimore’s Francis Scott Key Bridge collapsed – killing six people, shutting a major port and disrupting vehicle traffic along the Eastern Seaboard — 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
STR | Nurphoto | Getty Images A weekslong sell-off of Trump Media picked up speed Thursday, with shares of former President Donald Trump‘s company closing nearly 15% lower after another volatile trading session. Stock in the creator of conservative social media app Truth Social trades on the Nasdaq as DJT, and ended the day at
From Early Beginnings to Chart-Topping Success In the dynamic world of music, where new artists constantly emerge and trends shift like sand dunes, B. Howard has carved out a unique space with his infectious melodies and innovative production. Born in Los Angeles and raised between LA and Chicago, Howard’s journey into the music industry began
Los Angeles Times sat down with Dr. Elijah Nicholas, Author of Madoodle, Actor/Producer and Transgender Advocate &Thought Leader to discuss his book series called Madoodle and is currently producing and directing a documentary on one of the lost instrumental Trans advocates in history. LAT: Can you share with us your background and your career? EN: I
U.S. Treasury bond yields rose on Thursday as investors weighed fresh economic data indicating further signs of a slowing economy. The 10-year Treasury yield was about 4 basis points higher at 4.254%. The 2-year was up also around 4 basis points at 4.741%. Yields and prices move in opposite directions. One basis point is equivalent
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.
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
Hercules Investments CEO and CIO James McDonald. CNBC A former investment company CEO who previously appeared as a paid contributor to CNBC was arrested on fraud charges after more than two years as a fugitive from a Securities and Exchange Commission investigation, federal prosecutors said. The defendant, James Arthur McDonald Jr., is accused of misrepresenting
U.S. Treasury bond yields fell on Tuesday after a cool reading for May retail sales raised concerns about the strength of the economy. The 10-year Treasury yield was three basis points lower at 4.246%. The 2-year Treasury note yield was down four basis points at 4.72%. Yields and prices move in opposite directions. One basis
Zoom In IconArrows pointing outwards Merck’s new pneumococcal vaccine. Courtesy: Merck The Food and Drug Administration on Monday approved Merck‘s new vaccine designed to protect adults from a bacteria known as pneumococcus that can cause serious illnesses and a lung infection called pneumonia, the drugmaker said. Merck’s shot, called Capvaxive, specifically protects against 21 strains
U.S. Treasury bond yields ticked higher Monday, following comments by Minneapolis Federal Reserve President Neel Kashkari indicating the central bank may not cut rates until December. The 10-year Treasury yield was trading 2 basis points higher at 4.236% at 6:17 a.m. ET. The 2-year Treasury note yield was also up around 2 basis points at
Tesla CEO Elon Musk is pictured during a visit at the company’s electric car plant in Gruenheide near Berlin, eastern Germany, on March 13, 2024, as employees resumed work after production had to be halted due to a suspected arson attack that caused a power outage. Sebastian Gollnow | Getty Images Tesla’s annual meeting on
Tesla shareholders on Thursday voted to ratify CEO Elon Musk’s mammoth 2018 pay plan, five months after a judge in Delaware ordered the company to rescind the package, finding it had been improperly granted by the board. At Tesla’s annual meeting in Austin, Texas, the vote in support of the compensation plan, doesn’t override the
As sea levels rise and storms intensify, coastal real estate is seeing flooding and erosion like never before. From Dana Point, California, to Long Island, New York, and Nantucket, Massachusetts, some of the nation’s priciest coastal real estate is in an increasingly precarious position due to climate change. This year’s hurricane season is already underway,
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