Author: Daniel snow

[ad_1] A view shows a bronze seal beside a door at the U.S. Treasury building in Washington, U.S., January 20, 2023. Kevin Lamarque | ReutersThe U.S. government posted a surplus in June as tariff receipts gave an extra bump to a sharp increase in receipts, the Treasury Department said Friday.With government red ink swelling throughout the year, last month saw a surplus of just over $27 billion, following a $316 billion deficit in May.That brought the fiscal year-to-date deficit down to $1.34 trillion, a 1% decline from the same period a year ago. In June 2024, the deficit totaled $71 billion.…

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[ad_1] David Corenswet stars are Superman in Warner Bros.’ “Superman.”Warner Bros. DiscoveryIt’s not a bird or a plane that soared into cinemas Thursday night — it was Warner Bros.’ “Superman.”The first film in the new era of DC films under James Gunn and Peter Safran snared $22.5 million from preview showings.It’s the third-best Thursday performance for a superhero flick under the DC banner ever, just behind “The Dark Knight Rises,” which secured $30.6 million in 2012, and “Batman v. Superman: Dawn of Justice,” which tallied $27.7 million on its first Thursday in 2016, according to data from Comscore.It’s also the…

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[ad_1] Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments in a special annual meeting edition. 1. The S & P 500 was lower Friday amid escalating tariff concerns. President Donald Trump announced a 35% tariff on some Canadian goods beginning Aug. 1, with a warning of an increase if the country retaliates. “[It’s] a bit of a surprise here because we thought that maybe they would be working toward a deal,” said Director of Portfolio Analysis for the Club Jeff Marks. The S…

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