Latest
🇺🇸84d ago
Taylor Farms Recalls Salsa and Guacamole Over Salmonella Risk
Taylor Farms initiated a voluntary recall of salsa and guacamole products due to potential salmonella contamination linked to fresh peppers supplied by Coast Citrus Distributors. The precautionary measure underscores ongoing food safety concerns in the produce supply chain.
🇺🇸84d ago
Trump Names Will Scharf as White House Counsel
Will Scharf has been appointed to serve as White House counsel, the administration's top legal officer, following his work managing administrative operations in the Oval Office. The appointment positions Scharf to oversee legal matters and compliance for the executive branch.
🇺🇸85d ago
Ocasio-Cortez Keeps 2028 Presidential, Senate Options Open
Representative Ocasio-Cortez has not ruled out running for president or U.S. Senate in 2028, according to reports indicating she remains a polling favorite for the Democratic presidential nomination. The congresswoman's openness to multiple political paths reflects ongoing consideration of her political future as the 2028 election cycle approaches.
🇺🇸85d ago
Mizuho Adds Walmart to August Top Picks List
Mizuho has expanded its roster of preferred stocks for August to include major retailer Walmart alongside other significant holdings. The announcement reflects the bank's assessment of attractive investment opportunities in the current market environment.
🇺🇸85d ago
MySpace Targets Comeback as Social Media Fatigue Antidote
MySpace is attempting a relaunch positioned as an alternative to algorithm-driven social platforms, capitalizing on nostalgia for earlier internet culture. Industry observers suggest the effort faces significant challenges in recapturing market relevance amid established competitors.
🇺🇸85d ago
Verizon Restores Mobile Service After Widespread U.S. Outage
Verizon's mobile service was restored following an outage that affected thousands of customers across the United States, though the carrier did not disclose the underlying cause. The company advised affected customers to restart their devices to restore full connectivity.
🇺🇸87d ago
Iran's chief negotiator slams Trump 'theater diplomacy' as Hormuz traffic stalls
Iran's chief negotiator has accused Trump of engaging in 'theater diplomacy,' while the conflict is broadening across the region with Gulf energy infrastructure and key shipping chokepoints facing renewed threat. The standstill in Hormuz traffic signals escalating tensions that could impact global oil markets and maritime trade.
🇺🇸87d ago
Oil Rises Amid Supply Disruption Fears From Iran's Strait of Hormuz Plan
Oil prices climbed following reports of Iran's restrictive draft plan concerning the Strait of Hormuz, reigniting concerns about potential global energy supply disruptions. The announcement underscored geopolitical tensions in a critical shipping chokepoint through which a significant portion of world oil transits.
🇺🇸87d ago
Meta Ordered to Pay $567M into Abatement Fund in New Mexico Child Harms Case
A New Mexico judge ordered Meta to pay $567 million into an abatement fund after a jury found the company violated the state's unfair practices act in connection with child harms. The ruling represents a significant legal liability for the social media giant and reflects growing regulatory scrutiny of technology platforms' impact on minors.
🇺🇸87d ago
U.S.-Japan Intervention May Reshape Global Currency Markets
An unprecedented coordinated intervention between the United States and Japan to support the yen signals a potential shift in how central banks approach currency management. The action may have lasting implications for foreign exchange trading behavior and currency market dynamics globally.
🇺🇸87d ago
South Korea Sees Surge in Infant Investment Accounts
South Korean parents are opening investment accounts for their babies, creating a wave of infant shareholders in the country. This trend reflects broader parental strategies to build long-term wealth and financial security for their children from birth.
🇺🇸87d ago
S&P 500 Futures Flat Ahead of July Jobs Report
S&P 500 futures showed little movement as traders positioned ahead of the closely watched July employment data release. The market was digesting losses from the previous trading session while awaiting the jobs report, a key economic indicator that typically influences equity valuations and Federal Reserve policy expectations.
🇺🇸87d ago
Cramer Identifies Five Key Investing Themes for Market Opportunities
CNBC's Jim Cramer highlighted five investing themes that emerged from the recent earnings season, which he believes represent the market's best buying opportunities. The themes were reinforced by corporate earnings reports and suggest potential areas for investor focus.
🇺🇸87d ago
GAO: Musk's DOGE Inflated $110B Federal Savings Claims
A nonpartisan government watchdog found that Elon Musk's Department of Government Efficiency (DOGE) significantly overstated its federal spending reductions and fell substantially short of its $2 trillion savings target. The findings raise questions about the initiative's actual impact on federal expenditures and efficiency gains.
🇺🇸87d ago
Michigan Eases Lettuce Advice as Cyclosporiasis Cases Decline
Michigan's health department has relaxed guidance on lettuce consumption as cyclosporiasis outbreak cases decline, though the state reported its first two associated deaths this week in individuals with significant underlying health conditions. The easing of restrictions signals that the state believes it has passed the peak of the foodborne illness outbreak.
🇺🇸87d ago
Major Stocks Post Significant Moves in After-Hours Trading
Several major stocks including Sweetgreen, Airbnb, DraftKings, and Trade Desk experienced notable price movements during extended trading sessions. The after-hours activity reflects investor reactions to company-specific developments and broader market sentiment shifts.
🇺🇸87d ago
Airbnb Stock Surges 9% on Earnings Beat and Upbeat Q3 Outlook
Airbnb shares jumped 9% following the company's earnings report that exceeded expectations, with management citing strong demand across all regions to support an optimistic third-quarter forecast. The positive guidance reflects confidence in sustained travel demand globally despite macroeconomic uncertainties.
🇺🇸87d ago
Virginia Governor Intervenes in NextEra-Dominion Merger Over Power Prices
Virginia's governor is taking action regarding the proposed merger between NextEra Energy and Dominion Energy, citing concerns about electricity prices. The state's regulatory body will review the deal and determine whether to approve, reject, or conditionally accept the combination.
🇺🇸87d ago
Sweetgreen Cuts Full-Year Outlook Amid Cyclospora Outbreak Concerns
Sweetgreen has reduced its full-year financial guidance as cyclospora outbreak fears impact consumer spending at the salad chain, despite the company not being directly implicated in the outbreak. The pullback reflects how food safety concerns can dampen sales even for unaffected establishments in the fresh food sector.
🇺🇸87d ago
American Airlines Ends Elite Upgrade Privileges on Long Domestic Routes
American Airlines announced it will discontinue complimentary upgrades from economy to business class for elite frequent flyers on select long-haul domestic flights. The move represents a significant reduction in loyalty program benefits as airlines seek to maximize revenue from premium cabin seats.