Traders work on the floor of the New York Stock Exchange during afternoon trading on August 02, 2024 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more
WASHINGTON (AP) — Hunter Biden is set to be sentenced on felony firearms charges in November under an order signed by a judge on Friday. The president’s son could face up to 25 years in prison at sentencing set for Nov. 13 in Wilmington, Delaware, but as a first-time offender he is likely to get … Read more
U.S. orange production has plummeted as the industry faces volatile threats from extreme weather events, an incurable disease and economic pressures. Citrus growers are losing millions of dollars every year, according to the United States Department of Agriculture. At the same time, orange juice futures have hit record highs. “Citrus production in the United States … Read more
Thousands of firefighters were battling a wildfire in northern California on Saturday that exploded in size, scorching an area about the size of Los Angeles — one of several blazes tearing through the western United States and Canada amid dry, hot and windy conditions. The forecast called for cooler temperatures that could help slow the … Read more
A man in Northern California stands accused of starting a 36-acre wildfire earlier this week by driving his truck with no front tire for more than four miles, causing sparks to catch in three separate places in Sonoma County. ‘Twister’ Remains The Greatest Car Commercial Of All Time The Flora fire started Wednesday, which is … Read more
Wherever you stand on the issue of climate change, chances are you are already paying for it. Take the cost of homeowners insurance, up 27% nationwide since 2021, according to data compiled by online insurance marketplace Insurify. And in some states, it’s far worse, like Louisiana, where premiums are projected to rise 23% this year … Read more
In this mobile world, we have more choices than ever about where to live. Companies in search of skilled workers know this, especially when there are far more open positions than there are workers available to fill them. That is why they consider quality of life when deciding where to locate. CNBC’s annual ranking of … Read more
How big of a deal is artificial intelligence? Russell Wald, deputy director of the Stanford Institute for Human-Centered Artificial Intelligence, likens it to the printing press. “This technology is a general purpose technology that’s going to affect everyone and everywhere,” he said. The mere fact Stanford has a whole institute devoted to AI is a … Read more
Inflation has loosened its grip considerably from a high of more than 9% in the wake of the pandemic. The first monthly decline since May 2020 in the June CPI reflects the progress bringing down prices. But it is still holding onto Americans’ wallets, and in some places tighter than others. The cost of living … Read more
Image: NASA I have become convinced that the truly incredible quantity of junk being launched into space on a regular basis will become one of the world’s greatest problems within our lifetime. According to UN estimates, the quantity of objects put into space by humans between 2019 and today (8,815 objects) exceeds the total number … Read more
