Elon Musk-backed America PAC is spending millions and gathering detailed data from potential voters in a bid to help Trump.
Category Archives: business
Intel shares plunge 28%, dragging down global chip stocks
Global semiconductor stocks fell Friday after a lackluster set of results from U.S. chip firm Intel sent its shares cratering, and a global market sell-off weighed on some of the biggest names in the tech sector.
U.S. unemployment rate ticks up to 4.3% amid signs of broader economic slowdown
The U.S. unemployment rate rose to 4.3% in July and hiring slowed, adding to signs of a broader downturn in what has been a solid U.S. economy.
The first Fed interest rate cut in years is on the horizon. Here’s what homeowners, buyers need to know
The Federal Reserve is poised to make the first interest rate cut in years this fall, which can influence mortgage rates to go down.
Family offices are giving top staff equity, profit shares in battle for talent
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer.
U.S. airlines cut growth plans in a bid to stem profit-eating fare discounts
U.S. airlines are reducing their capacity through the end of the year in a bid to cool an oversupplied domestic market that has led to lower fares and reduced profits despite strong summer travel demand.
McDonald’s says $5 value meal sales are hot as consumers feel ‘pinch’ of inflation
McDonald’s $5 “Meal Deal” appears to be bringing back bargain-hungry customers amid broadly higher post-pandemic food prices.
AT&T, other phone companies sued over stolen nude images could face liability after court ruling
Wireless providers including T-Mobile, AT&T and Verizon have faced a string of lawsuits in recent years from women who allege retail employees stole intimate images or videos from their phones while helping them with in-store data transfers.
Apple releases first preview of its long-awaited iPhone AI
Apple on Monday released the first version of Apple Intelligence, its suite of artificial intelligence features that will improve Siri, automatically generate emails and images and sort notifications.
Djokovic defeats Nadal at Roland-Garros in their 60th, and potentially last, showdown
The Paris Games are underway. You can stream every moment on Peacock.