Destroyed homes and cars are shown in Lahaina, Hawaii, Aug. 13, 2023.Rick Bowmer | APThe catastrophic wildfires in Maui, Hawaii, have caused between $4 billion and $6 billion in economic losses, according to an estimate by Moody’s RMS on Tuesday.The estimate looked at property damage and business interruptions across residential, commercial, industrial and infrastructure assets,… […]
Carlos, a UPS worker in Manhattan, delivers packages on his daily rounds on July 24, 2023 in New York City.Spencer Platt | Getty ImagesUPS workers ratified a massive five-year labor deal that includes big wage increases and other improvements to work rules and schedules, the International Brotherhood of Teamsters said Tuesday.The deal passed with 86.3%… […]
At the climate summit held in Paris in December 2015, the government of Prime Minister Justin Trudeau committed to reducing Canadian emissions of greenhouse gases (most importantly carbon dioxide from burning fossil fuels) to 30 […]
White House Acting Chief of Staff Mark Meadows listens during the daily coronavirus task force briefing at the White House in Washington, D.C., April 18, 2020.Al Drago | ReutersFormer Trump chief of staff Mark Meadows asked a federal judge Tuesday to immediately move the Georgia criminal election interference case out of state court in order… […]
Awareness of affordability issues and the crunch to find suitable housing has made national headlines and was a focal issue in the 2019 federal election. […]
As the fear of the coronavirus spreads, consumers have been flocking to stores to stockpile emergency supplies, resulting in empty shelves as retailers can’t keep up with demand. This situation will likely intensify. Our research […]
IBM CEO Arvind Krishna appears at the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024. Stefan Wermuth | Bloomberg | Getty Images IBM shares moved 3% lower in extended trading on Wednesday after the hardware, software and consulting provider fell short of Wall Street’s revenue expectations for the third quarter. Here’s how the […]
In March 2022, venture capitalist Chris Ahn was pushing to get into a hot crypto startup that was trying to make it easy for businesses to transact using digital currencies. The company was Bridge Network. As part of his pitch, Ahn flew to a small town in northern Montana with a term sheet in hand […]
The U.S. 10-year Treasury yield rose again Wednesday as traders digested the latest comments from Federal Reserve officials on the trajectory of interest rate cuts. The yield on the 10-year Treasury rose more than three basis points to about 4.24. At its session high, the benchmark rate traded at 4.26%, reaching its highest level since […]
Tesla CEO and X owner Elon Musk speaks during an unveiling event for Tesla products in Los Angeles, California, U.S. October 10, 2024 Source: Tesla | Youtube Tesla reported third-quarter earnings Wednesday that topped analysts’ estimates even as revenue came in just shy of expectations. The stock popped 12% in extended trading. Here’s what the […]
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