FedEx and UPS warn storm could delay holiday packages, airlines cancel thousands of flights
High winds, snow and bitter cold from severe winter weather are threatening holiday package deliveries before Christmas.
McConnell calls out ‘diminished’ Trump, vows not to bow to his candidates in 2024
The Senate GOP leader says in an interview that Trump hurt the party in the 2022 elections by making swing voters see Republicans as “nasty” and attracted to “chaos.”
Landing the NFL ‘Sunday Ticket’ could boost Alphabet subscription offerings, Citi says
The firm expects ‘improved top-line growth and greater subscription revenue’ over time.
10-year Treasury yield ticks higher as key inflation data comes in slightly hotter than expected
U.S. Treasury yields rose on Friday after the Federal Reserve’s preferred gauge of inflation came in higher than expected on a year-over-year basis.
Jan. 6 House committee releases final report on Trump Capitol riot investigation
The Jan. 6 panel voted this week to refer Trump to the DOJ for possible prosecution over efforts to overturn his election loss to President Joe Biden.
Microsoft responds to FTC case seeking to block Activision Blizzard deal, saying it wouldn’t hurt competition
Microsoft said for the third largest console maker to be buying a major gaming franchise would’t overturn a competitive market. U.S. regulators don’t agree.
Tesla under investigation by NHTSA for two more crashes that may have involved Autopilot or FSD
According to data obtained from NHTSA by CNBC, the agency is looking into at least 41 crashes involving Tesla vehicles where automated features were involved.
Tesla, GM, Ford questioned by U.S. senator about Chinese supply chains and connections to forced labor
Sen. Wyden wants automakers to account for their ties to a region in China where the U.S. is concerned about the use of forced labor.
The $52 billion plan to save New York’s low-lying areas from sea level rise and storm surges
Residents living on the far outskirts of Queens, New York, are enduring floods nearly every month and worsening coastal storms.
How the Federal Reserve affected 2022’s stock market
Some stock market participants are betting against the Federal Reserve’s guidance on the future path of the economy, which is a potentially risky gamble.
