U.S. President Donald Trump speaks in front of the American flag to the press as he departs the White House on May 12, 2026 in Washington, DC. Kevin Dietsch | Getty Images Democratic lawmakers on Friday slammed the Trump administration over reports that President Donald Trump would drop his $10 billion lawsuit against the Internal…
New York City Mayor Zohran Mamdani spotlighted Citadel CEO Ken Griffin’s Manhattan penthouse in a viral video announcing a new pied-à-terre tax. (Credit: NORGES BANK INVESTMENT MANAGEMENT) New York City Mayor Zohran Mamdani said Friday he has attempted to meet with billionaire Citadel CEO Ken Griffin after the hedge fund executive blasted the mayor’s viral…
BEIJING, CHINA – MAY 14: U.S. President Donald Trump and Chinese President Xi Jinping attend a welcome ceremony at the Great Hall of the People on May 14, 2026 in Beijing, China. Alex Wong | Getty Images News | Getty Images As the leaders of the world’s two most powerful economies rekindled personal ties in…
Surging Treasury yields sent the stock market a warning on Friday amid a sell-off in global bonds. The 30-year Treasury yield (^TYX) rose 12 basis points to reach 5.13%, its highest closing level since June 2007. The 10-year benchmark yield (^TNX), meanwhile, climbed 13 basis points to 4.59%, its highest level since May 2025. Bond yields…
‘The Big Money Show’ panelists comment on the financial impact on Iran as the U.S. tightens the blockade, the U.A.E. departing from OPEC and more. The price of gasoline is set to drop as the Organization of Petroleum Exporting Countries (OPEC) appears poised to collapse, experts predict. OPEC has long kept crude oil prices higher…
Valvoline CEO Lori Flees discusses the used car boom, decreased interest in electric vehicles and more on ‘The Claman Countdown.’ Honda Motor posted its first-ever annual loss this week since it was first listed on the stock market in 1957. The Japanese car company’s bet on electric vehicle sales left it with $9 billion in restructuring…
PLATTSBURGH — Iceburgh Creamery is celebrating nearly a decade of serving the community specialty sundaes, soft-serve cones, parfaits and milk shakes. The ice cream shop, located at 336 Tom Miller Road, opened for its first season in June 2017 and since then, the footprint of their operation has expanded in response to a growing customer…
President Trump departed Beijing on Friday, touting trade deals to sell American-made airplanes, farm goods and other products, the signature outcome of his two-day summit with Xi Jinping, China’s top leader. Mr. Trump and his advisers said China had agreed to buy 200 Boeing airplanes, with the possibility to sell more, and more than $10…
What happened: Cerebras Systems (CBRS) stock closed down roughly 10% on Friday after surging more than 68% the previous day in a highly anticipated public debut by an Nvidia (NVDA) competitor. Cerebras stock closed at $311.07 on Thursday after reaching an intraday high of $385 each. By the numbers: The stock opened at $350, nearly…
Arm Holdings is facing an antitrust probe by the U.S. Federal Trade Commission over the British chip designer’s licensing of its semiconductor technology, part of ongoing global scrutiny of the business, Bloomberg News reported on Friday. Source link
