US News

New York City Mayor Eric Adams said Wednesday that his administration has filed a lawsuit against the parent companies of TikTok, Instagram, Facebook, Snapchat and YouTube, alleging that their services are damaging to the mental health of young adults and children in the largest U.S. city. The city of New York along with plaintiffs including

Construction workers install equipment at a construction site of a lithium battery project on April 6, 2023 in Renshou County, Meishan City, Sichuan Province of China. Vcg | Visual China Group | Getty Images U.S. Energy Secretary Jennifer Granholm on Wednesday said the country is “very concerned” about China’s grip on the global supply chain

President Joe Biden called out snack companies on Super Bowl Sunday, asking them to put a stop to “shrinkflation” – and it’s a jab Americans may see more frequently from the White House. Biden was sitting beside common snacks like Oreos, Doritos and Goldfish during the 48-second clip, posted to X. “When buying snacks for

Former U.S. President Donald Trump sits in the courtroom during his civil fraud trial at New York Supreme Court on January 11, 2024 in New York City. Michael M. Santiago | Getty Images Supreme Court Chief Justice John Roberts on Tuesday told Department of Justice special counsel Jack Smith to respond to a request by

Changpeng Zhao, founder and CEO of Binance, attends the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris on June 16, 2022. Benoit Tessier | Reuters The criminal sentencing of Binance founder Changpeng Zhao on a money laundering rule charge has been postponed until April 30, according to

Microsoft CEO Satya Nadella appears at the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024. Chris Ratcliffe | Bloomberg | Getty Images Amazon Web Services is still the cloud leader. But Microsoft is quickly closing the gap. While Microsoft doesn’t disclose revenue figures for its Azure cloud infrastructure, analyst figures suggest that five

The NFL isn’t just the most popular sports league in the U.S., it’s also the most valuable with the highest-rated programming and the priciest ad time. In 2021 the league signed an estimated $110 billion worth of media deals covering 11 years, which reportedly was nearly double the value of its previous contracts. “If you’re

The direct-to-consumer boom is coming to an end. A once-bustling group of companies, backed by billions in venture capital funding, saw a record year for IPOs in 2021. Now, three years later, most of those direct-to-consumer, or DTC, companies still struggle with profitability. “It’s that profitability angle now that demarcates the winners in DTC from

Rep. Mike Gallagher, R-Wis., is seen outside the U.S. Capitol after the last votes of the week on Thursday, June 15, 2023. Tom Williams | CQ-Roll Call, Inc. | Getty Images House Rep. Mike Gallagher, R-Wi., chairman of the Select Committee on the Chinese Communist Party, announced on Saturday that he would not seek re-election

Klaus Vedfelt | Digitalvision | Getty Images Cue the George Orwell reference. Depending on where you work, there’s a significant chance that artificial intelligence is analyzing your messages on Slack, Microsoft Teams, Zoom and other popular apps. Huge U.S. employers such as Walmart, Delta Air Lines, T-Mobile, Chevron and Starbucks, as well as European brands

Republican presidential candidate and former U.S. President Donald Trump attends a Nevada caucus night party at Treasure Island Resort & Casino in Las Vegas, Nevada, U.S. February 8, 2024.  David Swanson | Reuters Former President Donald Trump wrote a social media post earlier in the week asking his supporters to give Anheuser-Busch a “second chance”

People shop in a supermarket in the Manhattan borough of New York city on January 27, 2024. Charly Triballeau | AFP | Getty Images The prices consumers pay in the marketplace rose at an even slower pace than originally reported, according to closely watched revisions the government released Friday. Updates to the consumer price index

President Joe Biden on Thursday evening strongly disputed new claims by Department of Justice special counsel Robert Hur that he “willfully retained and disclosed classified materials” as a private citizen, and that he had exhibited poor memory during an interview about that material. “My memory has not gotten worse,” Biden told reporters in a nationally

Credit card debt has notched another new high. Americans now owe $1.13 trillion on their credit cards, the Federal Reserve Bank of New York reported Tuesday. Balances jumped 10% from a year ago, according to a separate quarterly credit industry insights report from TransUnion, with the average balance per consumer hitting $6,360, also a historic record. “Consumers

Nelson Peltz, founding partner and CEO of Trian Fund Management, speaks with CNBC’s Andrew Ross Sorkin on July 17, 2013 in New York. Heidi Gutman | CNBC, NBCU Photo Bank, NBCUniversal via Getty Images Are you not entertained, Nelson Peltz? Disney shares jumped 6% in after-market trading Wednesday after the company posted earnings and flooded

Federal Reserve Governor Adriana Kugler said Wednesday inflation is showing solid signs of slowing down, but she is not ready yet to start lowering interest rates. In her first major policy address since being confirmed to the Board of Governors in September 2023, Kugler said three factors are converging to ease inflation pressures: moderating wage

In this screengrab, CEO of Snap Inc. Evan Spiegel takes the stage at the virtual Snap Partner Summit 2021 on May 20, 2021 in Los Angeles. Snap Partner Summit 2021 – Snap Inc | Getty Images The online ad market is bouncing back. But the spoils are not being evenly shared. After Meta blew away

Former U.S. President Donald Trump speaks to his supporters as he departs for his second civil trial after E. Jean Carroll accused Trump of raping her decades ago, outside Trump Tower in the Manhattan borough of New York City on Jan. 26, 2024. Eduardo Munoz | Reuters A judge on Friday indefinitely postponed the election

Trucks and trailers sit in a Yellow Corp. facility lot, closed after the freight trucking company ceased all operations, in Las Vegas, Nevada, on July 31, 2023.  Patrick T. Fallon | AFP | Getty Images The bankrupt trucking company Yellow has fully repaid a controversial $700 million Covid loan to the U.S. Treasury Department, plus