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Scientific American Editor Resigns After Calling Some Trump Supporters ‘Fascists’
Nov 15, 2024, 4:37 PM
Laura Helmuth, the editor in chief of Scientific American, apologized and attributed her comments, which she shared on social media, to “shock and confusion about the election results.”
Water bills: Record numbers of customers on social tariffs
Nov 15, 2024, 8:14 PM
Some 1.6 million households were on social tariffs last year but support varies depending on where you live.
Republicans will regret Elon Musk’s efficiency project
Nov 15, 2024, 11:31 AM
The federal bureaucracy is sprawling because Congress wants it that way. Elon Musk won't change that.
Nvidia to report Q3 earnings Wednesday as AI fever continues to power Wall Street
Nov 15, 2024, 1:58 PM
Nvidia will report its Q3 earnings after the bell on Wednesday. Here's what is at stake.
Rosebank and Jackdaw fields: Billions at stake in court battle over North Sea oil and gas
Nov 15, 2024, 6:03 PM
Lawyers and campaigners have made their arguments before Lord Ericht in Edinburgh this week.
China megaport paves way into Latin America as wary US looks on
Nov 15, 2024, 5:38 PM
A new China-backed megaport in Peru may create whole new trade routes that will bypass North America entirely.
Post Office scandal: Who knew what and when?
Nov 15, 2024, 5:36 PM
What answers did we get from some of the key players at the inquiry into the Horizon IT scandal?
Mortgage rates rise despite interest rate cut
Nov 15, 2024, 5:32 PM
Lenders have been raising the cost of fixed-rate deals creating a headache for buyers and those remortgaging.
Stocks Fall as Wall Street’s Election Enthusiasm Subsides
Nov 15, 2024, 4:17 PM
The post-election rally has lost steam, with the S&P 500 down 2 percent for the week. But major stock indexes are still up since Election Day.
Hacker sentenced over bitcoin theft worth billions
Nov 15, 2024, 3:15 PM
A bitcoin hack that's now worth billions of dollars and a scheme to launder those proceeds resulted in Ilya Lichtenstein being sentenced to five years in prison.
Conan O’Brien Named Next Host of the Oscars
Nov 15, 2024, 8:30 AM
Mr. O’Brien, the former late-night host, will take over from Jimmy Kimmel, who served as M.C. for the last two Oscar ceremonies, organizers said on Friday.
Ford hit with $165M penalty from NHTSA, second-highest in agency's history
Nov 15, 2024, 12:27 PM
The National Highway Traffic Safety Administration hit Ford with the second-largest civil penalty in its history, saying the automaker failed to recall vehicles in a timely manner.
Trump’s Matt Gaetz Pick Concerns Both Right- and Left-Leaning Media
Nov 15, 2024, 10:22 AM
President-elect Donald J. Trump selected Matt Gaetz, a former Florida congressman, as his attorney general, a pick that drew a rare bipartisan rebuke from both conservative and liberal media outlets.
Stock market today: Dow, S&P 500, Nasdaq sink as post-election rally fades, Fed prompts rate-cut rethink
Nov 15, 2024, 1:15 PM
Wall Street is absorbing a jump in retail sales and Jerome Powell's hawkish comments as Trump-fueled optimism starts to wear off.
The public (and sometimes messy) race to become Trump’s Treasury secretary
Nov 15, 2024, 12:09 PM
The race to become Donald Trump’s Treasury Secretary is getting more harried — and public — by the day as candidates jockey for the attention of the president-elect.
RFK Jr.'s Vow to Take On Big Food Could Face Resistance
Nov 15, 2024, 11:53 AM
Processed foods are in the cross hairs of Robert F. Kennedy Jr., but battling major companies could collide with President-elect Donald J. Trump’s corporate-friendly goals.
X users jump to Bluesky - but what is it and who owns it?
Nov 15, 2024, 11:37 AM
Bluesky is picking up one million new users every day at its current rate.
Stock market today: Dow, S&P 500, Nasdaq tumble as traders trim rate-cut bets
Nov 15, 2024, 11:04 AM
Wall Street is absorbing a jump in retail sales and Jerome Powell's hawkish comments as Trump-fueled optimism starts to wear off.
Health stocks hit after Trump taps RFK for top regulator post
Nov 15, 2024, 10:52 AM
Investors are "spooked" by plan to name a vaccine-sceptic as US health secretary, analysts say.
Putin Talks With German Chancellor, Breaking Ice With the West
Nov 15, 2024, 10:41 AM
The hourlong call centered on what German officials said was a push to end the war in Ukraine. It was the first in two years between Mr. Putin and Chancellor Olaf Scholz
Stock market today: Dow, S&P 500, Nasdaq slide as traders trim rate-cut bets
Nov 15, 2024, 10:16 AM
Wall Street is absorbing a jump in retail sales and Jerome Powell's hawkish comments as Trump-fueled optimism starts to wear off.
Analysts think Wall Street's reaction to the RFK Jr. news is 'overdone.' Sort of.
Nov 15, 2024, 9:43 AM
President-elect Donald Trump taps Robert F. Kennedy Jr. to lead U.S. Health and Human Services Department (HHS). Vaccine stocks slide on the news.
Stock market today: Dow, S&P 500, Nasdaq slide as traders trim rate-cut bets
Nov 15, 2024, 10:16 AM
Wall Street is absorbing a jump in retail sales and Jerome Powell's hawkish comments as Trump-fueled optimism starts to wear off.
Robert F. Kennedy Jr.’s Billion-Dollar Hit to Big Pharma
Nov 15, 2024, 8:09 AM
Donald Trump’s choice to run the Department of Health and Human Services spooked investors who worry what Kennedy would do.
Why States Are Offering Workers at Private Companies Access to I.R.A.s
Nov 15, 2024, 9:00 AM
With the plans, workers are automatically enrolled and contribute through payroll deductions. The goal is to help more Americans save for retirement.
October retail sales top estimates, September spending revised sharply higher
Nov 15, 2024, 9:01 AM
October's retail sales report will be closely watched by investors for signs that the US economy remains on solid footing as the Federal Reserve begins to cut interest rates.
55,000 Postal Workers in Canada Strike Over Pay
Nov 15, 2024, 7:48 AM
The union walked out after talks with the country’s main mail operator failed. The stoppage could disrupt deliveries before the holidays.
Stock market today: Dow, S&P 500, Nasdaq poised to fall after Powell dashes rate-cut hopes
Nov 15, 2024, 7:12 AM
Jerome Powell's hawkish comments are casting a pall on markets as the initial optimism for Donald Trump's policies starts to wear off.
Biden Cements TSMC Grant Before Trump Takes Over
Nov 15, 2024, 5:04 AM
The White House is racing to finish grant agreements for chip manufacturers, but some of its biggest successes might be credited to the Trump administration.
This is the best time to buy a home according to experts
Nov 15, 2024, 6:00 AM
Realtor.com economists have nailed down when the best time to buy a home is during the year. While interest rates are high, this year is no different.
Fed Chair Jerome Powell says central bank in no rush to reach 'neutral rate'
Nov 15, 2024, 6:00 AM
Federal Reserve Chair Jerome Powell said at an event that policymakers aren't in a rush to reach a "neutral" level for interest rates and will respond to economic data as it comes in.
Wall Street ponders a potential debt reckoning from Trump spending plans: Morning Brief
Nov 15, 2024, 6:00 AM
The incoming Trump administration's plans, if enacted, would involve a large increase in the US government's debt. For years, this hasn't been a problem for markets. But once again, Wall Street is asking if this time will be different.
Typhoo Tea teeters on the brink of administration
Nov 15, 2024, 5:44 AM
The loss-making firm is attempting a turnaround amid a break-in and fire at its former factory.
Stocks Slide as Fed Rate-Cut Bets Pared Back: Markets Wrap
Nov 15, 2024, 3:36 AM
(Bloomberg) -- European equities and US futures fell after Jerome Powell indicated the Federal Reserve was in no rush to cut interest rates.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndNYC Congestion Pricing Plan With $9 Toll to Start in JanuarySaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and EmissionsThe Stoxx 600 slipped 0
US finalizes $6.6 billion chips award for TSMC ahead of Trump return
Nov 15, 2024, 5:03 AM
The U.S. Commerce Department said Friday it has finalized a $6.6 billion government subsidy for Taiwan Semiconductor Manufacturing Co's U.S. unit for semiconductor production in Phoenix, Arizona. It comes just weeks before President-elect Donald Trump, who criticized the program, takes office. In April, TSMC agreed to expand its planned investment by $25 billion to $65 billion and to add a third Arizona fab by 2030.
New York Times Takes European Commission to Court Over Covid Vaccine Deal
Nov 15, 2024, 5:25 AM
The news outlet is pushing the Commission to release text messages between the E.U.’s top official and Pfizer as they negotiated a vaccine contract.
More Trump tariffs are coming but CEOs sound prepared
Nov 15, 2024, 4:17 AM
(Bloomberg) -- Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and EmissionsThe alarm from economists has been clear for months: Brace yourself. If he delivers on his campaign promises for an aggressive package of new US tariffs, they’ve warned, a re-elected Donald Trump will set the
220,000 Medical King portable adult bed rails recalled after a death, marking ninth related recall in 3 years
Nov 15, 2024, 3:36 AM
The U.S. Consumer Product and Safety Commission recalled more than 220,000 Medical King portable adult bed rails after one death was reported, prompting an "urgent warning" from the agency.
UK economy slows between July and September
Nov 15, 2024, 2:07 AM
Growth was subdued across most industries during the three months, the Office for National Statistics says.
World Fears a Wider Trade War. Malaysia Sees an Opportunity.
Nov 15, 2024, 12:00 AM
In a new era for global trade in which Donald J. Trump has promised tariffs, Malaysia and Singapore are finalizing a deal for greater economic integration.