President Donald Trump’s tariffs cost American households an average of $1,000 last year, according to a shocking new analysis. The report from the nonpartisan Tax Foundation found that U.S. households had a tax increase of $1,000 in 2025 and an increase of $1,300 in 2026 as a result of Trump’s tariffs. Trump has repeatedly boasted…
David Ellison’s Paramount Skydance is adding some additional financial promises to its hostile takeover bid for Warner Bros. Discovery as it continues to try to kill Netflix’s deal for WB. Paramount on Tuesday said it will add an “incremental cash consideration” to WBD shareholders of 25 cents per share, equivalent to approximately $650 million cash…
R2 manufacturing validation builds / Credit: Rivian/X Rivian R2 prototypes have now been driven by a select few in digital media, and we have learned quite a bit more about this price-friendly SUV, including potential performance specs. News surrounding Rivian and its second flagship model, the R2, has been heating up in 2026, as we…
President Donald Trump is expressing some regret over one decision at the Federal Reserve. Although Trump did not mention chair Jerome Powell by name, the president suggested in an upcoming interview on Fox Business on Tuesday that he wished he had not nominated him to lead the central bank in 2017. Former President Joe Biden…
Updated Feb. 10, 2026, 3:00 p.m. ET Ohio billionaire Les Wexner’s name was initially redacted in some recently released Jeffrey Epstein files. The Department of Justice un-redacted Wexner’s name, stating it already appears thousands of times in the documents. Wexner’s representatives maintain he was unaware of Epstein’s crimes and cooperated with investigators. Correction: A previous…
As Bangladesh approaches its pivotal post-uprising election, the stakes have never been higher. This election not only marks a critical juncture for the country’s governance and democracy but also serves as a barometer for the aspirations of a rapidly emerging Generation Z electorate. This new voting bloc is poised to influence the nation’s political landscape…
Elon Musk unveils the SpaceX Dragon 2, a spacecraft, in 2014. (Photo by Kevork Djansezian) Last week, Elon Musk announced plans to merge xAI and SpaceX, a move that did not attract much political attention despite the intense levels of interest in arguing about both antitrust policy and Elon Musk. At the same time, SpaceX…
The first four months of fiscal year 2026 got off to an expensive start for the U.S., according to the latest estimates from the Congressional Budget Office (CBO) . The CBO released a report yesterday detailing that, for the first third of FY26 (which began in October), the U.S. government operated at a deficit, and…
Feb 10 (Reuters) – CVS Health reported a decline in fourth-quarter profit on Tuesday but beat Wall Street estimates, helped by strength in its pharmacy benefit unit and strong prescription volume at its retail pharmacies. CVS said adjusted quarterly profit fell to $1.09 per share from $1.19, above analysts’ average estimate of 99 cents per…
Update: The free McDonald’s McNugget caviar kits that launched exclusively online at 11 a.m. ET were no longer available within minutes of the launch. McDonald’s is hopping on a viral food trend by offering up a free McNugget Caviar kit exclusively online today. That’s right — chicken McNuggets topped with caviar. “The crispy, golden goodness…
Paramount has upped its offer for Warner Bros. Discovery with a fee for shareholders and a promise to pay a $2.8 billion termination fee. Per a filing Tuesday, Paramount will continue to offer $30 a share to acquire Warner Bros. Discovery, but will now add a $0.25 per share “ticking fee,” which it will pay…
In a significant diplomatic breakthrough, Lebanon and Syria have agreed to the repatriation of approximately 300 Syrian inmates currently held in Lebanese prisons. This agreement signifies not just a potential thawing in relations between the two countries, but also highlights the complex interplay of justice, politics, and historical grievances that have long characterized their interactions….
Novo Nordisk referenced the FDA’s concerns in its lawsuit announcement on Monday, saying Hims & Hers’ compounded drugs “may contain dangerous impurities or incorrect amounts of active ingredients, which can result in life-threatening immune responses”.
Global Unit Case Volume Grew 1% for the Quarter and was Even for the Full Year Net Revenues Grew 2% for the Quarter and 2% for the Full Year; Organic Revenues (Non-GAAP) Grew 5% for the Quarter and 5% for the Full Year Operating Income Declined 32% for the Quarter and Grew 38% for the…
NJ Transit and Amtrak riders faced major delays into and out of Manhattan’s Penn Station throughout Monday, including during the morning rush hour, according to both transit agencies. NJ Transit said rail service was suspended for roughly two hours on Monday morning on its Northeast Corridor Line between the station and Trenton due to “Amtrak…
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. French…
Washington — The US economy’s engine may be starting to sputter, as Americans’ paychecks lose steam and their debt becomes even more unwieldy, new data showed Tuesday. Retail sales were unexpectedly flat in the crucial holiday month of December, the Commerce Department said, well below the 0.4% gain economists predicted in a FactSet poll. By…
The ongoing investigation into the abduction of Nancy Guthrie, the 84-year-old mother of NBC host Savannah Guthrie, has gained new momentum as authorities release additional surveillance footage of a suspect. This latest development underscores the complexities surrounding such cases, reflecting both the urgency of community safety and the persistent need for vigilance in protecting vulnerable…
(The Center Square) – The U.S. government added $696 billion to the national debt over the past four months, borrowing $94 billion in the month of January alone, the Congressional Budget Office reports. The number further heightens the risk that America will experience some kind of financial crisis unless deficits are tamed, president of the…
WASHINGTON — A little more than a year after dismissing the moon as a “distraction,” Elon Musk says SpaceX will focus on lunar settlement before sending humans to Mars. In a social media post Feb. 8, Musk said SpaceX was deferring its long-held ambitions of establishing a permanent human presence on Mars, instead devoting resources…
COPENHAGEN, Denmark — Novo Nordisk sued Hims and Hers Health on Monday over alleged patent infringement after the U.S. telehealth firm launched, then canceled, a $49 copy of Novo’s weight-loss pill Wegovy following a swift backlash from U.S. authorities. Novo’s shares rose 5%, while Hims sank 20%. Shares of Novo and rival Eli Lilly had…
It’s no secret that it was a huge weekend in California, with Super Bowl LX taking place this weekend. Two teams, the Seattle Seahawks and New England Patriots, battled it out at Levi’s Stadium to take home the crown. As you’d expect, the huge sporting event attracted many A-listers, but their appearances at the game…
The evolving landscape of the Israeli-Palestinian conflict continues to draw global attention, particularly in areas like Hebron, where the complexities of occupation are evident. The Israeli strategy of segregation in Hebron serves as a potential blueprint for further incursions into Palestinian territories, eliciting widespread concern regarding the implications for both humanitarian rights and regional stability….
The most seductive narrative in American work culture right now isn’t that AI will take your job. It’s that AI will save you from it. That’s the version the industry has spent the last three years selling to millions of nervous people who are eager to buy it. Yes, some white-collar jobs will disappear. But…
In this article SHEL-GB EQNR-NO BP.-GB Follow your favorite stocksCREATE FREE ACCOUNT Trowbridge in Somerset, England, on March 15, 2025. Anna Barclay | Getty Images News | Getty Images British oil giant BP on Tuesday posted fourth-quarter profit in line with expectations and suspended share buybacks, seeking to shore up its balance sheet as lower…
In this article CVS Follow your favorite stocksCREATE FREE ACCOUNT A pedestrian walks by a CVS store in Greenbrae, California, on July 31, 2025. Justin Sullivan | Getty Images CVS Health on Tuesday reported fourth-quarter earnings and revenue that beat estimates and reaffirmed the 2026 profit guidance that impressed investors, signaling steady progress in the…
In this article KER-FR MC-FR OR-FR Follow your favorite stocksCREATE FREE ACCOUNT Customers shop at a GUCCI luxury store in Shanghai, China. Cfoto | Future Publishing | Getty Images Kering said it expects a return to growth this year even as it posted another quarter of sales declines on Tuesday, with its biggest sales driver,…
In this article KO Follow your favorite stocksCREATE FREE ACCOUNT Coca-Cola on Tuesday reported weaker-than-expected quarterly revenue, falling short of Wall Street’s projections for the first time in five years. However, demand for its drinks in North America and Latin America is beginning to show signs of improvement. Looking ahead to 2026, the company is…
Yemen’s ongoing political turmoil has once again erupted into violence, highlighting the persistent instability in this conflict-ridden nation. A recent confrontation involving supporters of the Southern Transitional Council (STC) in Ataq has resulted in tragic casualties, igniting concerns over security and governance in the region amidst evolving political dynamics backed by international actors. — In…
In a demonstration of national cohesion amid external pressures, Iranian President Masoud Pezeshkian has called for unity among citizens during a significant anniversary celebration of the Islamic Republic. As tensions with the US persist regarding Tehran’s nuclear ambitions, Pezeshkian emphasized his government’s willingness to engage in dialogue, while recognizing the urgent need to address internal…
The crypto wipeout that vaporized $1 trillion in market value over the past three months has afflicted all corners of the industry—including the numerous crypto ventures tied to President Donald Trump’s family. But while the family’s portfolio is down across the board, some assets have been hit harder than others. Since Oct. 10, when the…
Adam Feuerstein is a senior writer and biotech columnist, reporting on the crossroads of drug development, business, Wall Street, and biotechnology. He is also a co-host of the weekly biotech podcast The Readout Loud and author of the newsletter Adam’s Biotech Scorecard. You can reach Adam on Signal at stataf.54. The Food and Drug Administration…
The world’s biggest social media companies face several landmark trials this year that seek to hold them responsible for harms to children who use their platforms. Opening statements in one such trial in Los Angeles County Superior Court began on Monday. Instagram’s parent company Meta and Google’s YouTube face claims that their platforms deliberately addict…