In this article BRK.B UAL AAL AON POOL DPZ CHTR Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett and Greg Abel during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. CNBC Berkshire Hathaway added a sizeable stake in Delta Air Lines, marking the conglomerate’s return to the airline industry after…
By Amanda Cooper, Karen Brettell, Laura Matthews and Gertrude Chavez-Dreyfuss LONDON/NEW YORK, May 15 (Reuters) – Bond markets are bracing for interest-rate pain in a way they have not in decades, as investors assess the economic costs of the war with Iran and how the global economy will bear those burdens. Benchmark 10-year U.S. Treasury…
This week’s summit between President Trump and Chinese President Xi Jinping could ease economic tensions between the countries in the short term, but failed to deliver any breakthrough trade deals, according to some experts. “I was expecting that China would announce mega purchases of U.S. agriculture, energy and airplanes,” Wendy Cutler, a former negotiator in…
In the turbulent landscape of Colombian politics, an alarming surge in violence threatens to undermine the upcoming presidential elections slated for May 31. Just weeks before the polls, the assassination of two campaign staffers sheds light on the risks candidates face and raises concerns about the integrity of democratic processes in the nation. These unsettling…
Rivian has opened the online configurator for the R2, its critical mid-size electric SUV, giving reservation holders their first chance to spec out the vehicle ahead of deliveries. The Performance trim starts at $57,990 — just under Tesla’s Model Y Performance at $58,880. The configurator launch comes ahead of Rivian’s previously communicated June timeline, signaling…
Bonds sold off sharply around the world on Friday as investors brace for persistently elevated inflation amid the ongoing energy crisis. Oil jumped after the U.S.-China summit wrapped up without any signs that Beijing will lean on ally Iran to reopen the Strait of Hormuz. That followed a series of U.S. debt auctions this past…
If you’re at all an aviation geek or interested in the airline industry, I implore you to find 47 minutes over the weekend to enjoy this… In this post: Cockpit Casual documents Spirit Airlines repo operation I’ve written in the past about the “Cockpit Casual” channel on YouTube, which is run by Steve Giordano. He…
This article first appeared on GuruFocus. Microsoft (NASDAQ:MSFT) stock surged 2% on Friday after a report said billionaire investor Bill Ackman (Trades, Portfolio) added the software giant to Pershing Square’s portfolio. Microsoft has lost more than 15% this year, even after closing at $409.43 in the previous session. Investors have been weighing heavy competition from…
OpenAI is reportedly exploring legal options after Apple’s ChatGPT integration into its products didn’t live up to the AI firm’s expectations. When the deal was announced, Apple likened features linking Siri to ChatGPT to its now-infamous deal embedding Google search in the Safari browser, insiders granted anonymity to discuss the “strained” partnership told Bloomberg. And…
As the Eurovision Song Contest approached its grand finale in Vienna, the event became the epicenter of a significant cultural controversy. With thousands of protesters outside the venue and five nations boycotting Israel’s participation amid the ongoing conflict in Gaza, the political implications of this year’s contest transcended music, echoing broader global discussions on accountability…
After steering the Federal Reserve through a series of major economic shocks, from the pandemic to the highest inflation in 40 years, Jerome Powell will leave a legacy defined by managing crisis and an unwavering defense of the central bank’s historical independence. As Powell steps down on Friday after eight years as Fed chair, more…
In this article US2Y US30Y US10Y @CL.1 @LCO.1 Follow your favorite stocksCREATE FREE ACCOUNT Traders work on the floor at the New York Stock Exchange, April 23, 2026. Jeenah Moon | Reuters U.S. Treasury yields spiked on Friday following a week of messy inflation data and as traders looked to price interest rate policy under…
The rain in Windsor, North Carolina, is way behind schedule. Despite the seat of Bertie County being crisscrossed with rivers and creeks and lying on the estuary of the Albemarle Sound, local farmer Charles Harden reckons the area is suffering from a 12-inch rain shortfall in the first five months of 2026. “It’s been terrible…
Pershing Square Capital Management, the hedge fund run by the billionaire investor, has built a new position in the software giant. And in typical Ackman fashion, he disclosed the stake in his trademark style: a lengthy post on X on Friday ahead of his firm’s quarterly 13F filing (a required filing for institutional investment managers…
President Donald Trump‘s first quarter financial disclosure report showed thousands of transactions that include purchases and sales of securities across big tech and major media companies. The filings, released by the Office of Government Ethics this week, showed that the president purchased between $15,001 and $50,000 in Paramount Skydance securities on March 25, and the…
On May 16, 2026, thousands gathered in central London to commemorate the 78th anniversary of the Nakba, reflecting on the historical and ongoing struggles of the Palestinian people. The poignant event served as a platform for advocating peace and justice while emphasizing the resilience of the Palestinian narrative amidst the complexities of Middle Eastern geopolitics….
As the political landscape in the UK shifts, tensions are mounting within the Labour Party, highlighting the delicate balance of power in British politics. With the resignation of former Health Secretary Wes Streeting and growing calls for Prime Minister Keir Starmer to step down, the conversation around leadership and vision for the future is intensifying….
WASHINGTON (AP) — When Jerome Powell was sworn in as chair of the Federal Reserve eight years ago, economists worried that inflation and interest rates were too low and that too few Americans had jobs. Now, as Powell steps down from the post after eight tumultuous years, the U.S. economy is transformed: Inflation soared after…
TechTechFrom lines like “the good of humanity” to the “directionally very bad,” Altman’s defense was decent work—if you can trust it Getty Images/Ringer illustration By Katie BakerMay 15, 10:30 am UTC • 11 min This week, OpenAI cofounder and CEO Sam Altman sat on the witness stand in a federal courtroom in Oakland, California, and…
The Strait of Hormuz, a vital corridor in global energy transportation, has become a focal point of geopolitical tensions, stirring concerns over potential escalations among major players. Amidst this backdrop, heightened maritime activity marks the region, imposing both risks and opportunities as countries navigate the complexities of diplomacy and security. Coverage by ZezapTV provides an…
The ebb and flow of political loyalty within the Republican Party has been profoundly affected since Donald Trump’s ascent to the presidency, marking a shift that continues to reverberate throughout the party. Congressman Thomas Massie represents a unique case in this landscape, standing as one of the last remaining dissenters willing to challenge the status…
Long Island Rail Road and NJ Transit service to Penn Station remained severely strained Friday morning due to an ongoing transit meltdown caused by an East River tunnel fire a day earlier, officials said. The MTA reported the LIRR was running “extremely limited” service into the station during the morning rush, and cancelled all eastbound…
May 15 (Reuters) – Gemini Space Station shares surged more than 20% in premarket trading on Friday after the cryptocurrency exchange reported a smaller-than-expected quarterly loss and its founders injected $100 million into the business. Shares of the New York-based company were priced at $28 in their IPO, but have since lost ground, closing at…
In this article SBUX Follow your favorite stocksCREATE FREE ACCOUNT Starbucks’ corporate headquarters seen in Seattle. The company announced its Q2 earnings on 27th Apr 2021. Toby Scott | Lightrocket | Getty Images Starbucks on Friday announced another round of corporate layoffs and said it plans to shutter some regional support offices as part of…
Federal Reserve Governor Stephen Miran speaks with CNBC during the Invest i America Forum on Oct. 15, 2025. CNBC Federal Reserve Governor Stephen Miran entered with big ideas about how the central bank should change— radically so, in some cases. As he prepares to step down in the coming days from what will have been…
To that end, Honda says it will launch 15 models with a new generation of hybrid powertrains by 2030, with most of them destined for here in North America. Yes, that includes a full-size SUV to compete in the D-segment with vehicles like the Toyota Sequoia or Chevrolet Suburban. Honda is targeting a 10 percent…
In a vivid display of public sentiment, central London was transformed into a battleground of ideologies this week, as tens of thousands gathered for two significant protests—one commemorating Nakba Day in solidarity with Palestine, and another orchestrated by far-right elements. The juxtaposition of these events underscores the ongoing tensions surrounding issues of national identity, immigration,…
The Food and Drug Administration’s recent decision to withhold approval of a new skin cancer treatment fell like a hammer on doctors who treat melanoma and patients who saw that the drug had prolonged the lives of a third of the participants in a clinical trial. “It was devastating news,” said Trisha Wise-Draper, a dermatologist…
In this article MSFT GOOGL MSFT Follow your favorite stocksCREATE FREE ACCOUNT Bill Ackman, founder and CEO of Pershing Square Inc., attends his company’s IPO at the New York Stock Exchange (NYSE), in New York City, U.S., April 29, 2026. Brendan McDermid | Reuters Bill Ackman’s Pershing Square has built a position in Microsoft, as…
Fish farm nets on the East coast. Shaunl | E+ | Getty Images 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. Sign up to receive future editions, straight to your inbox. Equity Group Investments, backed by the family of…
NEW YORK (AP) — Workers on New York’s Long Island Rail Road are on strike, union officials said early Saturday, paralyzing the busiest commuter rail system in North America. Labor unions representing about half the system’s workers announced the walkout after negotiations with the Metropolitan Transportation Authority ended Friday without a new contract. The five…
In this article STLA F GM Follow your favorite stocksCREATE FREE ACCOUNT The former General Motors headquarters inside the Renaissance Center in Detroit, April 15, 2024. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — As artificial intelligence expands, it threatens to exacerbate a growing trend for America’s largest automakers: the elimination of white-collar workers….
As the excitement builds for the upcoming 2026 FIFA World Cup in Mexico, a major disruption looms on the horizon. Thousands of teachers have united in a significant demonstration in Mexico City, demanding higher wages and vital reforms in their education system. This movement highlights the complex intersection of sports and social justice, reminding us…