Author: Daniel snow
Treasury yields are easing — but it isn’t so much a flight-to-safety trade following U.S. strikes against Iran. Source link
A Tesla robotaxi drives on the street along South Congress Avenue in Austin, Texas, on June 22, 2025Joel Angel Juarez | ReutersTesla was contacted by the National Highway Traffic Safety Administration on Monday after videos posted on social media showed the company’s robotaxis driving in a chaotic manner on public roads in Austin, Texas.Elon Musk’s electric vehicle maker debuted autonomous trips in Austin on Sunday, opening the service to a limited number of riders by invitation only.In videos shared widely on social media, one Tesla robotaxi was spotted traveling the wrong way down a road, and another was shown braking hard in the…
UBS says “cyclical and secular concerns” are in focus for both FedEx and rival UPS. Source link
Many highly paid athletes, including LeBron James, admit to having some pretty frugal behaviors. Source link
The cruise line’s parent company will announce second-quarter earnings Tuesday morning, just days after Carnival announced controversial changes to its loyalty program. Source link
Federal Reserve Chairman Jerome Powell speaks at a news conference on June 18, 2025, in Washington DC, United States. Yasin Ozturk | Anadolu | Getty ImagesFederal Reserve Chair Jerome Powell heads to Capitol Hill this week, facing increasing pressure both from outside and inside the central bank to start the push for lower interest rates.Powell’s semiannual testimony to Congress kicks off Tuesday morning, as the central bank leader presents the Fed’s monetary policy report to the House Financial Services Committee. He then heads to the Senate Banking Committee on Wednesday.Generally, the congressionally mandated sessions allow the Fed chair to drop…
The Social Security Administration has stopped publishing key customer-service metrics, which will make it more difficult to track whether performance is improving or eroding over time. Source link
Mustafa Hatipoglu | Anadolu | Getty ImagesMeta spoke with artificial intelligence startup Runway about a potential takeover ahead of its multibillion-dollar investment in Scale AI, CNBC confirmed on Monday.Runway is best known for its AI video generation tools and earned a spot on CNBC’s Disruptor 50 list earlier this month. The deal talks between Meta and Runway did not progress far and dissolved, according to a person familiar with the matter who asked not to be named due to the confidential nature of the discussions.Bloomberg earlier reported the talks. Meta declined to comment.Meta CEO Mark Zuckerberg has been aggressively pushing…
One of two documented immigrants with prior convictions detained by U.S. Immigrations and Customs (ICE) Homeland Security Investigations (HSI) agents, walks towards a vehicle, at a Home Depot parking lot in Tucson, Arizona, U.S., January 26, 2025. Rebecca Noble | ReutersThe Supreme Court on Monday allowed the Trump administration to resume quick deportations of certain immigrants to countries other than their own without advance warning, and the chance to challenge them on the grounds that they might end up being tortured or killed.The court lifted an injunction issued in April by a federal District Court judge in Massachusetts that blocked the…
The threat of war may propel both sides to work more earnestly to get back to the negotiating table. Source link