By Nichola Groom and Jarrett Renshaw (Reuters) -The Biden administration is expected to grant a request by South Korea’s Hanwha Qcells to reverse a two-year-old trade exemption that has allowed imports of a dominant solar panel technology from China and other countries to avoid tariffs,…
Bitcoin mining stocks have plummeted since the start of the year, and certain metrics suggest that many are still overvalued, according to industry tracker Power Mining Analysis. According to the firm’s figures, the price-to-book ratio of most publicly traded miners still exceeds 1.0, meaning their market capitalization exceeds their net…
Abbott Laboratories delivered a top and bottom line beat Wednesday and surprised investors by raising its full-year guidance — a show of confidence by the medical device maker not seen in a first quarter since 2016. Revenue for the three months ended March 31 rose slightly more than 2% year…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) Markets…
House Speaker Mike Johnson announced he is sticking with his plan to put a series of foreign aid bills on the floor, including funding for Ukraine, after facing significant pressure from hardliners. CNN’s Manu Raju talks to Rep. Marjorie Taylor Greene (R-GA) about her motion to oust Johnson as speaker.
Topline Kansas City Chiefs tight end Travis Kelce is heading to the small screen as a game show host on “Are You Smarter Than a Celebrity?,” a spin-off of “Are You Smarter Than a 5th Grader?” produced by Amazon. Key Facts The show was ordered to have 20 episodes produced…
TomTom (TMOAY), the Dutch location technology specialist, reported a stable first-quarter revenue…
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Mexican Peso regains ground, trading at 16.98 against the US Dollar following…
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If there was any doubt before, Federal Reserve Chair Jerome Powell has…
POLITICS
View MoreAs Donald Trump spends much of the week in New York court, his super PAC is back on the air for the first time in over a month with a stark new attack ad in Pennsylvania that coincides with President Joe Biden’s visit this week and slams his immigration policies. Trump and his GOP allies have sought to thrust immigration to the fore of the 2024 campaign, hoping to capitalize on voter discontent with the Biden administration’s record. The ad also began airing the same day that the Senate will consider articles of impeachment against Biden’s Homeland Security Secretary Alexander Mayorkas, whom…
Speaker Mike Johnson’s weakened position inside the House GOP conference has sparked delicate internal discussions about who could potentially replace him if he can’t hang on to the job –…
Hear Trump’s remark outside court that made an ex-prosecutor’s ears perk up Former prosecutor Jessica Roth discusses the legal implications of former President Donald Trump’s remark outside his criminal trial.…
House Democrats are divided over whether they would try and save Speaker Mike Johnson if an effort to oust him gets underway in the chamber, with institutionalists insisting that voting against a motion to…
Markets
View MoreBy Allison Lampert and Abhijith Ganapavaram (Reuters) -Boeing’s safety culture and production quality, both at the center of a full-blown…
Finance
View MoreNormally, people who run big publicly traded companies are encouraged to just do that one thing and are discouraged from doing side projects. But Musk does…
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Investing
The Dow Jones Industrial Average endured two days last week where it lost more than 400 points, bringing the popular index more than 900 points lower over the 5-day trading week. And the volatility has bled into the current week as an early pop on Monday gave way to another…
Economy
SAO PAULO (Reuters) – Economic activity in Brazil rose for the fourth…
Fintech
Shortly after the opening bell, we will be buying 100 shares of…
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