Author: Daniel snow
A survey shows LGBTQ owners launched 10 percent of all new U.S. businesses in 2024. Source link
With the end of Southwest Airlines’ beloved “bags fly free” policy, fliers are stuck shelling out money to check their bags — and some are exploring creative ways to offset the cost. Source link
President Donald Trump on Thursday said that Elon Musk has been criticizing his proposed tax bill because the Tesla CEO is “upset” about the elimination of EV credits in the package, and his pick to run NASA being nixed by the Trump administration.Trump spoke after days of Musk condemning the bill on social media. Musk on Tuesday call the bill a “disgusting abomination.”Musk last week left his temporary government post overseeing DOGE, the Trump administration’s effort to slash federal spending and employee headcounts. Musk also was the biggest financial backer of Trump’s 2024 campaign, spending more than $250 million on…
The 30-year fixed-rate mortgage averaged 6.85% as of June 5, down 4 basis points from a week ago. Source link
Packages of Charmin Ultra Soft bath tissue are stacked at a Costco Wholesale store in San Diego, California, on March 11, 2025.Kevin Carter | Getty ImagesProcter & Gamble will cut 7,000 jobs, or roughly 15% of its non-manufacturing workforce, as part of a two-year restructuring program.The layoffs by the consumer goods giant come as President Donald Trump’s tariffs have led a range of companies to hike prices to offset higher costs. The trade tensions have raised concerns about the broader health of the U.S. economy and job market.P&G CFO Andre Schulten announced the job cuts during a presentation at the…
People around President Trump are acting very strangely. Source link
The Education Department is putting pressure on Columbia’s accreditor, whose seal of approval the school needs to get federal grants and loans. Source link
Alex Karp, CEO of Palantir Technologies, speaks on a panel titled Power, Purpose, and the New American Century at the Hill and Valley Forum at the U.S. Capitol on April 30, 2025 in Washington, DC. Kevin Dietsch | Getty ImagesPalantir CEO Alex Karp said the artificial intelligence arms race between the U.S. and China will culminate in one country coming out on top.”My general bias on AI is it is dangerous,” Karp told CNBC’s “Squawk on the Street” on Thursday. “There are positive and negative consequences, and either we win or China will win.”Karp has been a vocal advocate for…
The social platform alleges that Anthropic used data from Reddit to train its AI. Anthropic denies the claims. Source link
An index close above 5,990 would be a bullish catalyst for a summer stock-market rally. Source link