There’s a 40% chance President Joe Biden will not seek re-election, according to Stifel. Brian Gardner, the firm’s chief Washington policy strategist, is out with a research note that calls it a “make or break week” for the president’s campaign as Congress returns from its Fourth of July recess. “There’s a 60% chance, more likely … Read more
Artificial intelligence has been a big boon for San Francisco real estate. But not enough of one to make up for the broader struggle across the market. The vacancy rate for San Francisco office space reached a fresh record of 34.5% in the second quarter, according to a report Monday from commercial real estate firm … Read more
The Republican Party’s platform committee on Monday adopted a plank drafted by aides to Donald Trump, whose new language softens the GOP’s prior stances on marriage and abortion while rattling off a series of utopian economic promises. Among those are vows to “end inflation,” make the U.S. a “manufacturing superpower” and deliver “large tax cuts … Read more
Corning shares are up more than 12% Monday after the company raised its second-quarter guidance, setting it on track for its best trading day since March 2020. The company, known for developing the Gorilla Glass used for Apple iPhones and other phones, credits the outperformance to demand for its optical connectivity products that power networks … Read more
Tanaonte | Istock | Getty Images The future of a Federal Trade Commission ban on noncompete agreements, scheduled to take effect this fall, is unclear after a preliminary ruling from a federal court last week. Nearly 1 in 5 Americans, an estimated 30 million people, are subject to a noncompete agreement, according to the FTC. … Read more
[The stream is slated to start at 1:15 PM ET. Please refresh the page if you do not see a player above at that time.] CNBC’s ETF Edge is dedicated to the fastest-growing trend in investing right now: ETFs. Every Monday, Bob Pisani will be joined by a panel of top market participants to offer … Read more
Amazon on Monday announced a new $79 Echo Spot alarm clock with a revamped design and improved audio quality. The company added a display where users can check the time, weather or see what song is playing. Amazon also put a better speaker in the front of the device. It said it delivers clearer vocals … Read more
President Joe Biden arrives to speak to supporters and volunteers during a campaign stop at a Biden-Harris campaign election office in Harrisburg, Pennsylvania, on July 7, 2024. Saul Loeb | Afp | Getty Images President Joe Biden defended his place at the top of the Democratic ticket Monday in a surprise television interview on MSNBC’s … Read more
Passengers pass through O’Hare airport in Chicago, July 3, 2024. Scott Olson | Getty Images Record summer air travel demand isn’t translating to record U.S. airline profits. Carriers will have to answer for that disconnect when they report quarterly results this month. Some airlines have forecast record demand, and in some cases, revenue. On Sunday, … Read more
Rescuers work at the scene of an Ethiopian Airlines flight crash near Bishoftu, or Debre Zeit, south of Addis Ababa, Ethiopia, Monday, March 11, 2019. Mulugeta Ayene | Reuters Boeing will plead guilty to a criminal fraud charge tied to the 737 Max crashes, months after a near-catastrophe prompted the Justice Department to revisit a … Read more
