Economy

U.S. President Joe Biden waves at a press conference during NATO’s 75th anniversary summit, in Washington, U.S., July 11, 2024. Nathan Howard | Reuters The reelection campaign of President Joe Biden faced calls by an increasing number of Democrats in Congress to quit the race against former President Donald Trump and allow a new nominee […]

The StubHub logo is seen at its headquarters in San Francisco. Andrej Sokolow | Picture Alliance | Getty Images StubHub is delaying a potential initial public offering until after Labor Day, according to a person familiar with the deal. The online ticketing service had been eyeing a summer IPO, aiming for a valuation of at […]

US House Minority Leader Hakeem Jeffries speaks to press at the White House after a meeting with President Joe Biden and Vice President Kamala Harris on funding the government and avoiding a shutdown in Washington D.C., United States on February 27, 2024. Celal Gunes | Anadolu | Getty Images House Minority Leader Hakeem Jeffries met […]

People walk past an election campaign poster for Turkey’s President Recep Tayyip Erdogan on May 25, 2023 in Istanbul, Turkey. The country is holding its first presidential runoff election after neither candidate earned more than 50% of the vote in the May 14 election.Chris Mcgrath | Getty Images News | Getty ImagesMillions of Turks are… […]

President Joe Biden talks with House Speaker Kevin McCarthy of Calif., as they walk down the House steps as they leave after attending an annual St. Patrick’s Day luncheon gathering at the Capitol in Washington, Friday, March 17, 2023.Alex Brandon | APWASHINGTON — House Republicans reached a tentative deal with the White House on Saturday… […]

A private wild land firefighter monitors a backfire along Old Lawley Toll Road during the Glass Fire in Calistoga, California, U.S., October 2, 2020. Picture taken October 2, 2020.Stephen Lam | ReutersState Farm General Insurance Company on Friday announced that it will stop accepting new homeowners insurance applications in California, citing “rapidly growing” catastrophe risks… […]

Delta Air Lines on Thursday forecast record revenue for the third quarter thanks to booming summer travel demand, but its projection fell short of analysts’ estimates as carriers discounted fares after expanding flights. In the current quarter, Delta expects sales to rise no more than 4%, below the 5.8% growth analysts polled by LSEG estimated […]

The U.S. Department of the Treasury and the IRS on Thursday announced what they called a “major milestone” of collecting more than $1 billion in tax debt from high-income individuals over the past year. With tens of billions in new fundingthe IRS announced plans in September to expand its scrutiny of those making above $1 […]

CFOTO | Nurphoto | Getty Images MicroStrategy the largest corporate holder of bitcoin announced a 10-for-1 stock split on Thursday. The company said the shares will be split into class A common stock and class B common stock “to make MicroStrategy’s stock more accessible to investors and employees.” The move comes amid a lull for […]

The monthly inflation rate dipped in June for the first time in more than four years, providing further cover for the Federal Reserve to start lowering interest rates later this year. The consumer price indexa broad measure of costs for goods and services across the U.S. economy, declined 0.1% from May, putting the 12-month rate […]