Israeli Prime Minister Benjamin Netanyahu addresses the Conference of Presidents of Major American Jewish Organizations, amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, in Jerusalem, February 18, 2024. Ronen Zvulun | Reuters Elon Musk said he is attending Israeli Prime Minister Benjamin Netanyahu‘s address to Congress as his guest, according to … Read more
The Ford display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBC DETROIT — Ford Motor is set to report second-quarter earnings after the markets close Wednesday. The Detroit automaker’s results are expected to be relatively healthy, although down from the second quarter of 2023 and not as strong … Read more
Kena Betancur | Corbis News | Getty Images Pfizer on Wednesday said its experimental gene therapy for a rare genetic blood-clotting disorder succeeded in a large late-stage trial, paving the way for a potential approval. The treatment for hemophilia A could become the company’s second gene therapy to enter the U.S. market after Beqvez, which … Read more
Hinterhaus Productions | Stone | Getty Images Many workers will see their annual raise shrink next year as the job market continues to cool from its torrid pace in the pandemic era. The typical worker will get a 4.1% pay raise for 2025, down from 4.5% this year, according to a new poll by WTW, … Read more
A worker, called ‘torchers’, works in a charcoal production during scorching heat exceeding 40 degrees Celsius in Diyarbakir, Turkiye on July 18, 2024. Anadolu | Anadolu | Getty Images The world registered its hottest day on record for the second time in just two days, according to the latest data compiled by the European Union’s … Read more
An aerial view shows a subdivision that has replaced the once rural landscape on July 19, 2023 in Hawthorn Woods, Illinois. Scott Olson | Getty Images Mortgage interest rates eased very slightly last week, but not enough to get today’s potential homebuyers off the fence. The average contract interest rate for 30-year fixed-rate mortgages with … Read more
Truth Social is a social media platform whose majority owner is former President Donald Trump. A team of early investors say they want to “end Big Tech’s assault on free speech.” Achieving that may require a rapid uptick in the size of its user base, which is currently unknown. The public has limited access to … Read more
Treasury yields slipped on Wednesday as investors looked ahead to a fresh batch of economic data and considered the outlook for the U.S. economy. The yield on the benchmark 10-year Treasury note traded marginally lower at 4.237% at 4:50 a.m. ET, while the yield on the 2-year Treasury note fell less than 1 basis point … Read more
Musk is attending Cannes Lions this week with an aim to reassure ad groups and global brands over the future of X. Marc Piasecki | Getty Images Tesla CEO Elon Musk posted an informal poll on social network X asking whether his publicly traded automaker should invest $5 billion into his newest startup, xAI. Specifically, … Read more
A worker produces chips at a semiconductor manufacturing enterprise in Binzhou, China, on June 4, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — Four of the world’s largest semiconductor equipment manufacturers, including ASML, have seen the share of their China revenue more than double since late 2022, Bank of America analysts said in a … Read more
