Following a recent selloff due to concerns about the economy, the markets have been relatively stable. The three major U.S. stock averages experienced an uptick on Wednesday in anticipation of a potential interest rate cut at the Federal Reserve’s upcoming September meeting. Investors are eagerly awaiting Federal Reserve Chair Jerome Powell’s remarks at the Jackson
Politics
During his speech at the Democratic National Convention, Sen. Bernie Sanders made it clear that his stance on universal healthcare, specifically his support for a Medicare for All program, is unwavering. Despite knowing that Vice President Kamala Harris does not share this position, Sanders boldly proclaimed, “We need Medicare for All.” This shows his determination
A recent ruling by a federal judge in Texas has stirred controversy over the Federal Trade Commission’s attempt to ban noncompete agreements commonly signed by workers. U.S. District Judge Ada Brown in Dallas deemed the FTC’s rule as overreaching and lacking justification. The judge temporarily blocked the rule back in July and has now officially
Major Harris campaign donors are set to attend an array of VIP events at the Democratic National Convention this year, offering them a luxurious experience beyond just the convention’s headliner speeches. According to a schedule obtained by CNBC, these exclusive perks include private brunches, evening cocktail parties, and even a tour of Wrigley Field. The
As U.S. Secretary of State Antony Blinken prepares to arrive in Israel for diplomatic talks aimed at achieving a ceasefire in Gaza, the pressure is on to end the 10-month-old war between Israel and Hamas. This visit marks Blinken’s tenth trip to the region since the conflict began, highlighting the urgency of the situation. The
The Harris campaign recently announced a staggering booking of at least $370 million for television and online ads in key battleground states from Labor Day leading up to the November election. This extensive nine-week sprint includes $170 million allocated for TV ads and an additional $200 million for digital ads on various platforms. The strategic
Miriam Adelson, a billionaire Republican megadonor, has shown a willingness to write a blank check to support former President Donald Trump in his quest to return to the White House. Her political aide, Andy Abboud, made it clear at a campaign event in Trump’s golf club in Bedminster, N.J. that Adelson is committed to doing
Senate Majority Leader Chuck Schumer recently expressed his belief that a bipartisan crypto regulation bill could be passed before the end of the year, providing hope to an industry that has long been awaiting legislative clarity. Speaking at a virtual town hall event to support Vice President Kamala Harris, Schumer emphasized the potential for passing
The Federal Trade Commission recently made a groundbreaking decision to ban marketers from using fake reviews to promote their products and services. The rise of AI technology has made it easier for companies to generate fake reviews, leading to a polluted marketplace and deceptive practices. The new rule aims to protect consumers from being misled
Elon Musk’s highly anticipated interview with former President Donald Trump on the social media platform X hit a roadblock as technical glitches plagued the start of the event. Users trying to join the livestream reported issues accessing the platform, causing a delay in the scheduled 8 p.m. ET start time. Musk himself attributed the freezing