McCarthy: A debt deal could still pass by June 1
Politics

McCarthy: A debt deal could still pass by June 1

The two last met in person on May 16, before Biden’s trip to the G-7 summit in Japan. “We could get a deal tonight, we could get a deal tomorrow” or sometime this week, McCarthy added, and it would be “still possible” to avert potential doomsday on June 1. The timing would still be tight.… […]

Key Republican recruits hesitate to jump in if Trump is the nominee
Politics

Key Republican recruits hesitate to jump in if Trump is the nominee

Many of their prospective recruits are wary of running alongside Trump, who dominates the spotlight, repels crucial independent voters and forces his fellow Republicans to answer for his unpredictable statements. It’s a dynamic that candidates don’t relish, and it has only come into sharper focus since Trump’s CNN town hall, when he spent 70 minutes… […]

Palantir shares surge 15% after company posts strong earnings and outlook
Economy

Palantir shares surge 15% after company posts strong earnings and outlook

Alex Karp, chief executive officer of Palantir Technologies Inc., during a Bloomberg Technology television interview during the FoundryCon event in Palo Alto, California, US, on Thursday, March 7, 2024. David Paul Morris | Bloomberg | Getty Images Palantir shares surged as much as 23% in extended trading on Monday after the software company reported fourth-quarter […]

Temu parent PDD’s stock tumbles as Trump tariffs close trade loophole
Economy

Temu parent PDD’s stock tumbles as Trump tariffs close trade loophole

Jakub Porzycki | Nurphoto | Getty Images Shares of Temu parent PDD Holdings closed down 5.9% on Monday, after President Donald Trump’s tariffs announcement signaled the end of a trade loophole used by the Chinese e-commerce giant and other online retailers. Trump on Saturday signed executive orders imposing 25% tariffs on imports from Canada and […]