Finance News
Trump budget proposals would spike deficits 5 times more than Harris

[ad_1] Former President Donald Trump‘s economic proposals would increase federal deficits by $5.8 trillion over the next decade, almost five times more than those of Vice President Kamala Harris, which would add $1.2 trillion, according to a new pair of studies from the nonpartisan Penn Wharton Budget Model. The Trump report found that his plan […]

Updated: Aug 27, 2024
Telegram messaging app CEO Durov reportedly arrested in France

[ad_1] Telegram founder and CEO Pavel Durov AOP.Press | Corbis | Getty Images  Pavel Durov, the Russian-born billionaire founder and owner of the Telegram messaging app, was arrested at Le Bourget airport outside Paris shortly after landing on a private jet late on Saturday and placed in custody, a police source said. The arrest of […]

Updated: Aug 25, 2024
Meta says WhatsApp accounts tied to Iran hackers targeted Biden, Trump

[ad_1] Meta said Friday that it blocked a “small cluster” of WhatsApp accounts linked to an Iranian hacking group that was targeting officials associated with President Joe Biden and former President Donald Trump. The company said in a blog post that the bogus WhatsApp accounts appeared to originate from the Iranian threat actor dubbed APT42, […]

Updated: Aug 23, 2024
Paramount-Skydance ‘go shop’ period extended to review Bronfman offer

[ad_1] Edgar Bronfman, Jr. Cameron Costa | CNBC The future of Paramount Global is still uncertain. Paramount’s special committee on Wednesday said it would extend by 15 days an agreed-upon “go shop” period of its merger agreement with Skydance as it reviews a competing offer from Edgar Bronfman Jr. Bronfman initially offered $4.3 billion late […]

Updated: Aug 22, 2024
China loan prime rates and RBA minutes in focus

[ad_1] Melbourne city centre skyline alongside the Yarra River. Loop Images | Universal Images Group | Getty Images Asia-Pacific markets climbed across the region on Tuesday, tracking Wall Street’s rally and as China released key economic data. China’s loan prime rates were held at 3.35% for the one-year LPR and 3.85% for the five-year LPR, […]

Updated: Aug 19, 2024
Biden to make a forceful case for Harris and Walz in convention speech

[ad_1] U.S. Vice President Kamala Harris speaks next to U.S. President Joe Biden at an event in Prince George’s County, Maryland, U.S., August 15, 2024. Elizabeth Frantz | Reuters President Joe Biden’s role at the Democratic National Convention next week may have been dramatically reshaped by his decision to end his bid for a second term, […]

Updated: Aug 17, 2024
AMAT, ADSK, COHR and more

[ad_1] Check out the companies making headlines in extended trading. Applied Materials — The material engineering stock slipped 2.5% despite third-quarter earnings coming in better than analysts anticipated. Applied Materials earned $2.12 per share, excluding items, on $6.78 billion in revenue. Analysts had penciled in just $2.02 a share in profits and $6.67 billion in […]

Updated: Aug 15, 2024
Tim Walz tax hikes caused battles with Minnesota business

[ad_1] U.S. Vice President and Democratic presidential candidate Kamala Harris and her running mate Minnesota Governor Tim Walz walk as they prepare to depart at Chippewa Airport in Eau Claire, Wisconsin, U.S., August 7, 2024.  Kevin Mohatt | Reuters Six years before Tim Walz was tapped to be Vice President Kamala Harris‘ running mate, he […]

Updated: Aug 13, 2024
Trump promotes false Harris AI crowd size conspiracy

[ad_1] U.S. Vice President and Democratic Presidential candidate Kamala Harris speaks to supporters during a campaign rally in Romulus, Michigan, U.S., August 7, 2024.  Rebecca Cook | Reuters Former President Donald Trump on Sunday falsely accused his November election opponent, Vice President Kamala Harris, of using AI technology to fabricate images of the crowd sizes […]

Updated: Aug 11, 2024
Trump Media reports $16 million loss for quarter as revenue falls

[ad_1] This photo illustration shows an image of former President Donald Trump reflected in a phone screen that is displaying the Truth Social app, in Washington, DC, on February 21, 2022. Stefani Reynolds | AFP | Getty Images Trump Media, the social media company whose majority shareholder is former President Donald Trump, on Friday reported […]

Updated: Aug 9, 2024