The US Capitol building in Washington, DC, on November 24, 2024. Daniel Slim | Afp | Getty Images Most of Connecticut’s congressional delegation said they were the subject of bomb threats Thursday at their homes as they were preparing to celebrate Thanksgiving, although no bombs ultimately were found. Democratic Reps. Jim Himes, Jahana Hayes, Joe … Read more
This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here. Four years ago, Keshav Raj graduated with a degree in computer science from the prestigious SRM Institute … Read more
Lebanon’s foreign minister on Thursday defended Hezbollah’s presence in the region, but said his country had “no say in the decision to go to war” with Israel. Speaking to CNBC’s Dan Murphy, Abdallah Bou Habib vowed to uphold a U.S.-France brokered cease-fire that is already showing signs of strain, and said he will seek foreign … Read more
U.S. President Joe Biden delivers remarks from the Rose Garden of the White House in Washington, U.S., November 26, 2024. Nathan Howard | Reuters President Joe Biden on Thursday criticized President-elect Donald Trump’s announcement that he will implement 25% tariffs on Canada and Mexico, saying that the comments were “counterproductive.” “I hope he rethinks it, … Read more
Can artificial intelligence be so transformative as to solve one of the U.S. economy’s biggest problems: its skyrocketing fiscal deficit? According to three economists at the Brookings Institution, the answer is yes — AI could prove a positive “critical shock” for the country’s fiscal health. A working paper released last month by the Center on … Read more
Mexican President Claudia Sheinbaum speaks after reading a letter to be sent to U.S. President-elect Donald Trump, warning that tariffs would cause inflation and job losses in both countries, at National Palace in Mexico City, Mexico, November 26, 2024. Presidencia De Mexico | Via Reuters Mexican President Claudia Sheinbaum said on Wednesday Mexico would retaliate … Read more
Future hall-of-fame tight end Rob Gronkowski says he bought $69,000 worth of Apple stock in 2014 based on advice from a contractor working on his Foxborough, Massachusetts, home, reports Fortune. “I [had] never been involved in stocks,” Gronkowski said. “I really didn’t know how stocks work. So I was like, ‘All right, let me do … Read more
People enter LaGuardia Airport (LGA) on one of the busiest travel days of the year on November 26, 2024 in New York City. Spencer Platt | Getty Images With Thanksgiving holiday travel well underway, many have reached their destinations — but for everyone else, a storm tracking from the Rockies to the Midwest and Northeast … Read more
Stocks that went on massive runs this year may not see the same momentum carry over into 2025, according to Wall Street analysts’ consensus targets. The S & P 500 has jumped nearly 26% this year, touching the 6,000 mark on Tuesday as investors continued to pile into technology, energy, industrial and utility companies tied … Read more
Denmark’s navy said on Nov. 20, 2024 it was shadowing a Chinese cargo vessel in the Baltic Sea, a day after Finland and Sweden opened investigations into suspected sabotage of two severed undersea telecoms cables. Mikkel Berg Pedersen | Ritzau Scanpix | Afp via Getty Images Geopolitical tensions are brewing globally over the cutting of … Read more