The first night of last month’s Republican convention was centered on the sort of politics the party loudly eschews. The speakers included an array of supporters of former president Donald Trump who weren’t White or male or business leaders — representatives of other groups who were there, very clearly, to indicate that it is acceptable […]Read More
Stocks tumbled for the second-straight day Friday as a weaker-than-expected jobs report and a dismal forecast from Amazon added to investor fears of a more substantial slowdown for the U.S. economy. The Dow Jones Industrial Average closed down 611 points, or 1.5%. The S&P 500 dropped 1.8%, while the Nasdaq Composite lost 2.4%. Early Friday, the Bureau of Labor Statistics reported […]Read More
Warren Buffett’s Berkshire Hathaway dumped nearly half of its gigantic Apple stake last quarter in a surprising move for the famously long-term-focused investor. The Omaha-based conglomerate disclosed in its earnings filing that its holding in the iPhone maker was valued at $84.2 billion at the end of the second quarter, suggesting that the Oracle of Omaha offloaded a little […]Read More
One way you know that CBS News’s new poll of the presidential race is bad news for former president Donald Trump is that Trump’s campaign is trying to spin it as unreliable. In a “confidential memorandum” sent to reporters on Sunday, a data consultant for the campaign argued that the poll, conducted by YouGov, had […]Read More
The average rate on the popular 30-year fixed mortgage dropped 22 basis points to 6.4% Friday, according to Mortgage News Daily. That is the lowest rate since April 2023. The 15-year fixed rate fell to 5.89%, its lowest level since early May 2023. The drop followed a weaker-than-expected monthly employment report, which sent bond yields falling fast. Mortgage rates […]Read More
The U.S. unemployment rate rose to 4.3% in July and hiring slowed, adding to signs of a broader downturn in what has been a solid U.S. economy. The Bureau of Labor Statistics reported Friday that the U.S. added 114,000 jobs, down from 206,000 in June and well short of expectations. Economists were expecting the unemployment […]Read More
ST. LOUIS — The mail carrier arrived to deliver the attack ads at the same time Rep. Cori Bush (D-Mo.) arrived to dispel them. “He’s about to hand you some lies about me,” Bush said as the carrier handed a glossy leaflet to a voter at a home in Old North St. Louis where she […]Read More
PHOENIX — For the first time in as long as anyone can remember, Arizona’s largest public school district isn’t opening its schools to voters as polling sites. The reasons have been building for years, but the final straw for Mesa Public Schools officials came last November with a small, low-turnout election that became mired in […]Read More
Delta Air Lines CEO Ed Bastian on Friday offered employees two free travel passes to thank staff members who were caught in massive disruptions last month sparked by a botched CrowdStrike software update that stranded thousands of customers and crew. Delta had more trouble than competitors in recovering from the outages that took thousands of Windows machines offline. The carrier […]Read More
Five secretaries of state plan to send an open letter to billionaire Elon Musk on Monday, urging him to “immediately implement changes” to X’s AI chatbot Grok, after it shared with millions of users false information suggesting that Kamala Harris was not eligible to appear on the 2024 presidential ballot. The letter, spearheaded by Minnesota […]Read More
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