Global shipping delays cast shadow over strong December jobs report

Global shipping delays cast shadow over strong December jobs report

Loaded containers stacked on top of a cargo ship sailing in a canal on Janvier 20, 2017 in Suez Canal, Red sea, Egypt.  Camille Delbos | Corbis News | Getty Images WASHINGTON — The strong December jobs report released Friday capped off a year of economic wins for the Biden administration. Now, global shipping delays … Read more

Supreme Court will hear appeal of Trump ballot disqualification in Colorado

Supreme Court will hear appeal of Trump ballot disqualification in Colorado

Republican presidential candidate and former U.S. President Donald Trump looks on during a campaign event on December 19, 2023 in Waterloo, Iowa. Scott Olson | Getty Images The U.S. Supreme Court on Friday agreed to hear an appeal challenging a court ruling that disqualified former President Donald Trump from appearing on the Republican primary ballot … Read more

Coinbase to expand crypto derivatives in EU with license acquisition

Coinbase to expand crypto derivatives in EU with license acquisition

LONDON, ENGLAND – NOVEMBER 09: In this photo illustration, a flipped version of the Coinbase logo is reflected in a mobile phone screen on November 09, 2021 in London, England. The cryptocurrency exchange platform is to release its quarterly earnings today. (Photo illustration by Leon Neal/Getty Images) Leon Neal | Getty Images News | Getty … Read more

Radio shows surprising resilience in changing media world

Radio shows surprising resilience in changing media world

Airline passengers between flights patronize the iHeartRadio facility at Denver International Airport in Denver on Jan. 19, 2014. Robert Alexander | Archive Photos | Getty Images It’s a familiar refrain: “Legacy media is dead” — unless you’re talking about radio. Despite being one of the oldest media formats, dating back to the 1890s, radio has … Read more

Don’t read too much into market losses so far

Don’t read too much into market losses so far

Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on January 3, 2024, in New York City.  Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need … Read more

Despite losses, 2024 holds promise for markets

Despite losses, 2024 holds promise for markets

Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on January 3, 2024, in New York City.  Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need … Read more

North Korea Recently Provided Russia With Ballistic Missiles, Launchers: US

North Korea Recently Provided Russia With Ballistic Missiles, Launchers: US

US official said that Washington will raise North Korea arms supply issue with the UN security council. Washington: North Korea recently provided Russia with ballistic missiles and launchers for use in Moscow’s war against Ukraine, the White House said on Thursday, citing newly declassified intelligence. National security spokesperson John Kirby told reporters the United States … Read more

Bitcoin rises as its volatile year continues ahead of an expected ETF approval soon

Bitcoin rises as its volatile year continues ahead of an expected ETF approval soon

Yuichiro Chino | Moment | Getty Images Bitcoin rose on Thursday, recovering some of its losses from the previous day, when the cryptocurrency sold off on concerns about the potential of a bitcoin ETF approval that many expect as soon as next week. The flagship cryptocurrency was last higher by about 3% at $43,870.01, according … Read more

Walgreens (WBA) earnings Q1 2024

Walgreens (WBA) earnings Q1 2024

Shares of Walgreens fell more than 11% on Thursday after the company reported fiscal first-quarter adjusted earnings and revenue that topped expectations, but cut its quarterly dividend nearly in half.  The retail pharmacy giant slashed its dividend to 25 cents per share from 48 cents per share to “strengthen [its] long-term balance sheet and cash position,” … Read more

Ford reports 7.1% increase in U.S. vehicle sales

Ford reports 7.1% increase in U.S. vehicle sales

2024 Ford F-150 PowerBoost Platinum hybrid Ford DETROIT – Ford Motor’s U.S. sales increased about 7% last year, marking the automaker’s best sales since 2020 but coming in lower than the overall industry’s growth. Ford on Thursday reported sales of nearly 2 million vehicles in 2023, a 7.1% increase from the previous year. The company … Read more