Former Democratic Rep. Tulsi Gabbard has been advising Republican former President Donald Trump as he prepares for an upcoming debate with Vice President Kamala Harris. Gabbard’s advice is centered around Harris’ policy pivots, urging Trump to focus on the inconsistencies between her stated positions and her actions. Drawing from her own experience debating Harris during
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Netflix’s stock hit a record high in August, breaking above the $700 mark and reaching an intraday record of $711.33. Despite pulling back slightly in recent days, shares closed at $701.35 on Friday. Year to date, the stock is up by around 44%. This impressive performance stands out given the intensifying competition in the streaming
In July, inflation in the United States saw a slight increase, as reported by the Commerce Department. The personal consumption expenditures price index rose by 0.2% on the month and was up 2.5% from the same period last year. The core PCE, which excludes volatile food and energy prices, also increased by 0.2% for the
Salesforce, a leading business software maker, reported impressive fiscal second-quarter results that surpassed expectations. The company’s earnings per share came in at $2.56, adjusted, compared to the expected $2.36, while revenue reached $9.33 billion, exceeding the estimated $9.23 billion. This performance represented an 8% year-over-year growth during the quarter, which ended on July 31. Amy
The recent decrease in mortgage rates for the fourth consecutive week did not seem to impress either current homeowners or potential homebuyers. The Mortgage Bankers Association reported only a modest 0.5% rise in total mortgage application volume compared to the previous week. Although the average contract interest rate for 30-year fixed-rate mortgages dropped to 6.44%
The economic proposals put forth by former President Donald Trump and Vice President Kamala Harris have been subject to scrutiny by experts. According to studies from the nonpartisan Penn Wharton Budget Model, Trump’s proposals would result in an increase in federal deficits by $5.8 trillion over the next decade, significantly higher than Harris’ proposals, which
Amazon aggregators Branded and Heyday have announced their plans to merge, creating a new entity called Essor. This move comes as the e-commerce industry continues to witness consolidation following the surge in online shopping during the Covid era. The CEO of Heyday, Sebastian Rymarz, expressed excitement about the merger in a note to staff, highlighting
The Harris campaign recently announced a major fundraising milestone, reporting that it and its allies raised an impressive $40 million following Vice President Kamala Harris’ speech at the Democratic National Convention. This brings the total amount of money raised for Harris’ election efforts to a staggering $540 million since President Joe Biden exited the race
Boeing announced that its Starliner capsule will be returning from the International Space Station (ISS) without the NASA astronauts it delivered to orbit in early June. This decision marks a significant change as NASA and Boeing had initially planned for Starliner to be the primary choice for returning the crew. However, due to issues, particularly
Chinese electric vehicle manufacturers have been blocked from the U.S. market due to tariffs, leading them to seek out other opportunities. Mexico has emerged as a prime location for these high-tech cars, with China becoming the leading car supplier to Mexico last year. The Mexican market has been receptive to Chinese EVs, with customers being