The alignment of the four unions that have voted not to ratify a labor deal has provided a clear timeline for strike prep plans among the freight railroads and with sensitive cargo including chemicals. The Brotherhood of Railroad Signalmen (BRS) announced Tuesday it is extending its status quo period through December 8 to align with […]
Cleveland Federal Reserve President Loretta Mester said Monday inflation will need to show more signs of progress before she’s ready to stop advocating for interest rate increases. While acknowledging that recent data has been encouraging, the central bank official told CNBC that the progress is only a start. “We’re going to have more work to […]
Following the monumental leak of the draft opinion to overturn Roe v. Wade in May, a former anti-abortion leader claims he was told the outcome of a 2014 case weeks before it was announced publicly, according to a report published on Saturday in The New York Times. Rev. Rob Schenck, who led an evangelical nonprofit […]
Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, US, on Wednesday, Aug 17, 2022. Jeenah Moon | Bloomberg | Getty Images FTX in a bombshell emergency court filing Thursday said evidence suggests Bahamian regulators directed […]
The logo of Crypto.com is seen at a stand during the Bitcoin Conference 2022 in Miami Beach, Florida, April 6, 2022. Marco Bello | Reuters As the crypto universe reckons with the fallout of FTX’s rapid collapse last week and tries to figure out where the contagion may head next, questions have been swirling around […]
View of ambulances at the scene after an explosion on busy pedestrian Istiklal street in Istanbul, Turkey, November 13, 2022. Kemal Aslan | Rueters Six people were killed and 81 others wounded on Sunday when an explosion rocked a busy pedestrian street in central Istanbul in what Turkish President Tayyip Erdogan called a bomb attack […]
Elon Musk’s photo is seen through a Twitter logo in this illustration taken October 28, 2022. Dado Ruvic | Reuters On Friday, Twitter‘s new owner Elon Musk sent a companywide email to employees of the social media giant thanking them for working long hours since he took over on Oct. 28. Musk said he had […]
Meta Platforms CEO Mark Zuckerberg speaks at Georgetown University in Washington on Oct. 17, 2019. Andrew Caballero-Reynolds | AFP | Getty Images The job cuts in tech land are piling up, as companies that led the 10-year stock bull market adapt to a new reality. Days after Twitter’s new boss Elon Musk slashed half his […]
A neon voting sign is displayed on a truck during a midterm campaign election stop by Senator Raphael Warnock in Augusta, Georgia, U.S., November 5, 2022. Bob Strong | Reuters Follow CNBC’s live blog covering Monday’s campaigns ahead of the Nov. 8 midterm elections. The Justice Department plans to monitor polls in two dozen states across […]
An under-the-radar software name has managed to stand out among its peers – all because of its focus on auto insurance – and it still has room to grow. Analyst Gabriela Borges reiterated her buy rating on CCC Intelligent Solutions with a price target of $12, which presents an upside of 31.9%. This follows CCC […]
