WASHINGTON (AP) — President Joe Biden reached out to the President of the United Auto Workers (UAW) union last week to congratulate him on finalizing a new contract with General Motors and to wish him a happy birthday. This gesture symbolized the evolving relationship between the two since their initial meeting in the Oval Office …
Astra, a struggling space company, recently revealed in a securities filing that it defaulted on a debt agreement and may struggle to raise necessary funds. Last month, Astra failed twice to meet the minimum cash reserve requirements tied to a $12.5 million note issuance to New Jersey’s High Trail Capital, an investment group. The company …
Jury Awards Home Sellers $1.8B in Damages After Brokers Inflate Commissions In a significant victory for consumers, a federal trial in Missouri resulted in a jury finding the National Association of Realtors and several large brokerage firms guilty of conspiring to artificially inflate commissions. The parties were found liable and ordered to pay $1.8 billion …
CANBERRA, Australia (AP) — Anthony Albanese will make history as the first Australian prime minister in seven years to visit China. This visit signifies an improvement in bilateral relations, which had reached an all-time low due to unresolved trade and security differences. Following nine years of conservative rule, Albanese’s center-left government presented an opportunity for …
CNBC’s Jim Cramer believes in the potential of the “Magnificent Seven” tech stocks and thinks investors who sold after recent dips may regret their decision. Cramer emphasizes that you shouldn’t panic and follow the herd just because everyone else is selling, especially when it comes to high-quality stocks. CNBC’s Jim Cramer stands by his “Magnificent …
Microsoft CEO Satya Nadella speaks at the company’s Ignite Spotlight event in Seoul, Nov. 15, 2022. SeongJoon Cho | Bloomberg | Getty Images Microsoft is poised to enter its next phase of growth with the introduction of Microsoft 365 Copilot, an artificial intelligence add-on for its Office app subscriptions targeted at businesses. This feature, available …
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased to 7.86% from 7.90%. The ARM share of mortgage applications is now at the highest level in nearly a year. Applications for a mortgage to purchase a home fell 1% for the week and were 22% lower year …
Microsoft’s Windows 11 Revolutionizes the Start Menu and Introduces Copilot Chatbot Written by Jordan Novet | Published on CNBC Microsoft has unveiled the latest major update to its Windows 11 operating system, bringing significant changes and new features. One of the standout additions is the introduction of Copilot, an advanced chatbot that operates similarly to …
When it comes to sustainable travel, there are a variety of traveler types that fall on the sustainability spectrum. It can be challenging to determine where you fit in. Are you just starting to reduce your holiday impact, or are you already committed to ethical practices and spending? Do you understand the true impact of …
Check out the Companies Making Headlines in Midday Trading Here are the latest updates on the companies that are making waves in midday trading: SoFi Technologies Shares of SoFi Technologies have been see-sawing as traders analyze the company’s latest quarterly results. SoFi reported a massive revenue beat for the third quarter and raised its outlook …