Trump won’t pledge to divest from businesses if he wins second term
Trump resisted pressure during his first term in office to divest from his businesses, a tradition followed by all other modern presidents.
SpaceX and T-Mobile send first texts via Starlink satellites
SpaceX on Wednesday announced the successful demonstration of texting via recently launched Starlink satellites through T-Mobile’s network.
Chris Christie drops out of the 2024 presidential race
His departure could make room for Nikki Haley to grow her support in New Hampshire, where Christie had grabbed a slice of anti-Trump Republican voters.
Global shipping rates set to jump as carriers avoid the Red Sea amid Houthi attacks
Vessels aren’t able to come back to Asia in time, and ocean carriers are canceling sailings on short notice, Honour Lane Shipping told clients.
Consumer spending rises in December to end solid holiday season, CNBC/NRF Retail Monitor shows
Retailers chalked up solid gains in the final month to wrap up the holiday season, according to the CNBC/NRF Retail Monitor for December.
Why the U.S. may extend its run as the world’s leading economy
Strong economic growth in the U.S. at the same time that China is facing setbacks is reshuffling dynamics in trade, diplomacy and the global world order.
Consumer spending growth will slow in 2024, economist predicts — it’s ‘not necessarily sustainable’
Consumer spending has remained remarkably resilient, but that’s unlikely to continue, says Jack Kleinhenz, chief economist at the National Retail Federation.
Mortgage demand jumps nearly 10% to start the year, even as interest rates tick up again
Mortgage rates moved a little bit higher last week, for the second week in a row, but are still in a range that consumers appear to like.
Trend Micro lays off 2% of its global workforce
Trend Micro, which employed 7,582 employees as of June 2023, said it would lay off 2% of its worldwide workforce as part of a business transformation plan.
Boeing to revise 737 Max 9 inspection instructions as planes remain grounded, FAA says
Alaska and United identified loose hardware on 737 Max 9s during preliminary checks.
