Biden to address nation from Oval Office after avoiding catastrophic default
President Joe Biden will address the nation from the Oval Office on Friday evening -- his first time speaking to the country directly from that setting -- following congressional passage of a compromise measure that raises the federal borrowing limit and avoids a catastrophic default.
2023-06-02 23:18
Netflix shareholders reject sky-high executive pay packages
Netflix shareholders voted on Thursday to reject multi-million dollar pay packages for the company's top executives including for co-CEOs Ted Sarandos and Greg Peters.
2023-06-02 22:23
Elon Musk is accused of insider trading by investors in Dogecoin lawsuit
Investors proposing a class action lawsuit have accused Tesla CEO Elon Musk of insider trading and manipulating the cryptocurrency Dogecoin, costing them billions of dollars.
2023-06-02 21:54
The uber-wealthy are doing just fine and Wall Street is cashing in
Worries of a possible global recession are deepening as heightened inflation and interest rates act as a brake on spending, while geopolitical strife adds to a sense of profound economic uncertainty.
2023-06-02 19:46
Hong Kong leads global market rally with best day in three months
Global stocks climbed Friday, led by a resurgent Hong Kong market, as investors greeted signs that the US Federal Reserve may hold off raising interest rates this month, the end of the US debt ceiling drama, and talk that China might unveil new measures to boost its faltering economic recovery.
2023-06-02 19:29
The Senate just passed the debt ceiling bill. Here's what happens next
The faucets at the US Department of the Treasury are set to turn back on after nearly five months of frozen pipes.
2023-06-02 19:26
As legal gambling surges, should schools teach teens about risk?
Warnings about the potential dangers of gambling could soon join education about drugs and alcohol in the nation's classrooms
2023-06-02 13:26
Here's what's in the debt ceiling package
Congress has passed the debt ceiling package, just days before the Treasury Department would have run out of sufficient funds to pay all of the nation's obligations on time and in full.
2023-06-02 11:26
Meta asks office workers to return to in-person work
Meta will ask employees who are assigned to an office to return for 3 days per week, joining Amazon, Apple, Disney and other major companies that have all revised their work-from-home policies this year.
2023-06-02 08:47
What to stream this weekend: Foo Fighters, 'The Idol,' LeBron James and 'American Gladiators' doc
This week’s new entertainment releases include an album from Foo Fighters and some lost songs by the late Kenny Rogers, a new gritty HBO series from “Euphoria” creator Sam Levinson called “The Idol” starring Lily-Rose Depp and The Weeknd
2023-06-02 07:58
In desperate bid for cash, the Treasury is auctioning one-day bills
For the first time since 2007, the Treasury Department is auctioning bills that mature in one day. The department is set to auction $15 billion worth of one-day cash management bills on Friday that will be issued on June 5.
2023-06-02 05:49
Lululemon stock surges after reporting sales growth
Shares of Lululemon jumped after the market closed on Thursday after the company reported stronger than anticipated quarterly results.
2023-06-02 05:45