INSIDER
Trump's Republican Party is increasingly winning union voters. It's a shift seen in his labor pick
Read full article: Trump's Republican Party is increasingly winning union voters. It's a shift seen in his labor pickWorking-class voters helped Republicans make steady election gains this year and expanded a coalition that increasingly includes rank-and-file union members.
Tens of thousands of Spaniards protest housing crunch and high rents in Barcelona
Read full article: Tens of thousands of Spaniards protest housing crunch and high rents in BarcelonaTens of thousands of Spaniards are marching in downtown Barcelona to protest the skyrocketing cost of renting an apartment in the popular tourist destination.
Afraid of losing the US-Canada trade pact, Mexico alters its laws and removes Chinese parts
Read full article: Afraid of losing the US-Canada trade pact, Mexico alters its laws and removes Chinese partsMexico has been taking a bashing for allegedly serving as a conduit for Chinese parts and products into North America.
Trump raced to pick many Cabinet posts. He took more time to settle on a treasury secretary
Read full article: Trump raced to pick many Cabinet posts. He took more time to settle on a treasury secretaryPresident-elect Donald Trump launched a blitz of picks for his Cabinet, but he took his time settling on billionaire investor Scott Bessent as his choice for treasury secretary.
Nations at UN climate talks agree on $300B a year for poor countries in a compromise deal
Read full article: Nations at UN climate talks agree on $300B a year for poor countries in a compromise dealNegotiators will soon decide whether to accept a proposed $300 billion funding package for poor nations to curb and adapt to climate change ā a plan hammered out early Sunday by the head of fractured United Nations climate talks.
What to know about Lori Chavez-DeRemer, Trump's pick for labor secretary
Read full article: What to know about Lori Chavez-DeRemer, Trump's pick for labor secretaryPresident-elect Donald Trump has named Oregon Rep. Lori Chavez-DeRemer to lead the Department of Labor, elevating a Republican congresswoman who has strong support from unions in her district but lost reelection in November.
What to know about Scott Bessent, Trump's pick for treasury secretary
Read full article: What to know about Scott Bessent, Trump's pick for treasury secretaryPresident-elect Donald Trump has chosen money manager Scott Bessent, an advocate for deficit reduction and deregulation, to serve as his next treasury secretary.
Trump chooses Bessent to be treasury secretary, Vought as budget chief, Chavez-DeRemer for Labor
Read full article: Trump chooses Bessent to be treasury secretary, Vought as budget chief, Chavez-DeRemer for LaborPresident-elect Donald Trump has chosen hedge fund manager Scott Bessent, an advocate for deficit reduction, to serve as his next treasury secretary.
Charlotte airport workers voting on whether to strike during busy Thanksgiving travel week
Read full article: Charlotte airport workers voting on whether to strike during busy Thanksgiving travel weekService workers at Charlotte Douglas International Airport are voting on whether to go on a 24-hour strike around Thanksgiving amid complaints about low wages and poor working conditions.
Fox attorneys seek to dismiss shareholder lawsuit over reporting of vote rigging allegations in 2020
Read full article: Fox attorneys seek to dismiss shareholder lawsuit over reporting of vote rigging allegations in 2020Attorneys for Fox Corp. are asking a Delaware judge to dismiss a lawsuit seeking to hold current and former company officials personally liable for the financial fallout from Fox News reports regarding alleged vote rigging in the 2020 election.
Supreme Court steps into fight over FCC's $8 billion subsidies for internet and phone services
Read full article: Supreme Court steps into fight over FCC's $8 billion subsidies for internet and phone servicesThe Supreme Court has stepped into a major legal fight over the $8 billion a year the federal government spends to subsidize phone and internet services in schools, libraries and rural areas, in a new test of federal regulatory power.
Amazon to invest an additional $4 billion in AI startup Anthropic
Read full article: Amazon to invest an additional $4 billion in AI startup AnthropicAmazon is investing an additional $4 billion in the artificial intelligence startup Anthropic as major technology companies rush to fund generative AI.
DirecTV calls off acquisition of rival Dish, possibly ending a yearslong pursuit
Read full article: DirecTV calls off acquisition of rival Dish, possibly ending a yearslong pursuitDirecTV is calling off its planned acquisition of rival Dish after the offer was rejected by bond holders at that company.
ExxonMobil could partner up with Eni and Total to jointly develop natural gas deposits off Cyprus
Read full article: ExxonMobil could partner up with Eni and Total to jointly develop natural gas deposits off CyprusCyprusā energy minister says ExxonMobil could partner up with a consortium composed of Eni of Italy and Total of France to jointly develop gas deposits theyāve discovered close to each other off the island nationās southern coast.
US budget airlines are struggling. Will pursuing premium passengers solve their problems?
Read full article: US budget airlines are struggling. Will pursuing premium passengers solve their problems?Delta and United Airlines have become the most profitable U.S. airlines by targeting premium customers while also winning a significant share of budget travelers.
US bribery and fraud charges are a big test yet for India's Adani, one of Asia's richest men
Read full article: US bribery and fraud charges are a big test yet for India's Adani, one of Asia's richest menIndian tycoon Gautam Adani, one of Asiaās richest men, may be facing his biggest challenge yet with an indictment by U.S. prosecutors for alleged fraud and bribery.
Australia rejects Elon Musk's claim that it plans to control access to the internet
Read full article: Australia rejects Elon Musk's claim that it plans to control access to the internetAn Australian Cabinet minister has rejected X Corp. owner Elon Muskās allegation that the government intends to control all Australians' access to the internet through legislation that would ban young children from social media.
The Bahamas will refinance part of its debt to protect its famous turquoise waters
Read full article: The Bahamas will refinance part of its debt to protect its famous turquoise watersThe Bahamas says it will refinance $300 million of its external debt to free up more than $120 million for marine conservation projects and climate change mitigation.
A proposed deal on climate cash at UN summit highlights split between rich and poor nations
Read full article: A proposed deal on climate cash at UN summit highlights split between rich and poor nationsA new draft of a deal on money to curb and adapt to climate change released Friday afternoon at the United Nations climate summit pledged $250 billion annually by 2035 from wealthy countries to poorer ones.
Stock market today: Wall Street gains ground as it notches a winning week and another Dow record
Read full article: Stock market today: Wall Street gains ground as it notches a winning week and another Dow recordStocks closed higher on Wall Street, giving the market its fifth gain in a row and notching another record high for the Dow Jones Industrial Average.
Oil company Phillips 66 faces federal charges related to alleged Clean Water Act violations
Read full article: Oil company Phillips 66 faces federal charges related to alleged Clean Water Act violationsOil company Phillips 66 has been federally indicted in connection with alleged violations of the Clean Water Act in California.
Aplicaciones de pago digital enfrentarĆ”n nueva supervisiĆ³n federal bajo nueva regla
Read full article: Aplicaciones de pago digital enfrentarĆ”n nueva supervisiĆ³n federal bajo nueva reglaLa Oficina de ProtecciĆ³n Financiera del Consumidor ha finalizado una nueva normativa que introduce la supervisiĆ³n federal para las principales aplicaciones de pago digital, como Venmo, Cash App y PayPal.
What you need to know about the proposed measures designed to curb Google's search monopoly
Read full article: What you need to know about the proposed measures designed to curb Google's search monopolyU.S. regulators are proposing aggressive measures to restore competition to the online search market after a federal judge ruled that Google maintained an illegal monopoly.
Digital payment apps face new federal oversight under new Consumer Financial Protection Bureau rule
Read full article: Digital payment apps face new federal oversight under new Consumer Financial Protection Bureau ruleThe Consumer Financial Protection Bureau has finalized a new rule introducing federal oversight for major digital payment apps like Venmo, Cash App, and PayPal. The rule takes effect 30 days after its publication in the Federal Register.
Average rate on a 30-year mortgage in the US rises to highest level since July
Read full article: Average rate on a 30-year mortgage in the US rises to highest level since JulyThe average rate on a 30-year mortgage in the U.S. edged closer to 7% this week, climbing to its highest level since July.
Elon Musk's budget crusade could cause a constitutional clash in Trump's second term
Read full article: Elon Musk's budget crusade could cause a constitutional clash in Trump's second termDonald Trump has put Elon Musk and Vivek Ramaswamy in charge of finding ways to cut government spending and regulations.
House passes bill that would allow Treasury to target nonprofits it deems to support terrorism
Read full article: House passes bill that would allow Treasury to target nonprofits it deems to support terrorismThe U.S. House passed legislation that would give the Treasury Department unilateral authority to strip the tax-exempt status of nonprofits it claims support terrorism.
Airline CEOs and Transportation Secretary Buttigieg fight over regulations even after election
Read full article: Airline CEOs and Transportation Secretary Buttigieg fight over regulations even after electionThe Biden administration is on its way out of power, but that's not ending the arguments between the administration and airlines that think they are being over-regulated.
Students can now apply for federal college aid. Officials hope for a smoother rollout this year
Read full article: Students can now apply for federal college aid. Officials hope for a smoother rollout this yearThe federal FAFSA form used to apply for college financial aid opened to high school seniors across the nation on Thursday, a year after a disastrous rollout by the Biden administration delayed the application for months.
The biggest remaining unsanctioned Russian bank hit with U.S. sanctions, nearly three years into war
Read full article: The biggest remaining unsanctioned Russian bank hit with U.S. sanctions, nearly three years into warRussiaās third largest bank, Gazprombank and its six foreign subsidiaries were hit with U.S. sanctions on Thursday.
US home sales rose in October, notching their first annual gain in more than 3 years
Read full article: US home sales rose in October, notching their first annual gain in more than 3 yearsSales of previously occupied U.S. homes rose in October, the first annual gain in more than three years, with home shoppers encouraged by easing rates and a pickup in properties on the market.
Giannis Antetokounmpo launches venture capital fund for investments in sports and entertainment
Read full article: Giannis Antetokounmpo launches venture capital fund for investments in sports and entertainmentGiannis Antetokounmpo is looking for some assists off the court, aiding with investments in early stage startup companies.
US applications for jobless benefits fall to 213,000, remaining near 7-month lows
Read full article: US applications for jobless benefits fall to 213,000, remaining near 7-month lowsThe number of Americans applying for unemployment benefits fell again last week, remaining near seven-month lows.
A draft deal on climate money for developing world is silent on how much as UN summit nears end
Read full article: A draft deal on climate money for developing world is silent on how much as UN summit nears endA new draft text released early Thursday which will form the basis of any deal reached at United Nations climate talks on money for developing countries to transition to clean energy and adapt to climate change left out a crucial sticking point: how much wealthy nations will pay.
What will happen to CNBC and MSNBC when they no longer have a corporate connection to NBC News?
Read full article: What will happen to CNBC and MSNBC when they no longer have a corporate connection to NBC News?Two television networks with āNBCā in their names ā MSNBC and CNBC ā will no longer have any corporate connection to NBC News once a spinoff formally takes effect in about a year.
Stock market today: Most of Wall Street climbs as Nvidia swings, bitcoin rises and Alphabet sinks
Read full article: Stock market today: Most of Wall Street climbs as Nvidia swings, bitcoin rises and Alphabet sinksU.S. stocks climbed after market superstar Nvidia and another round of companies said theyāre making even fatter profits than expected.
US regulators seek to break up Google, forcing Chrome sale as part of monopoly punishment
Read full article: US regulators seek to break up Google, forcing Chrome sale as part of monopoly punishmentU.S. regulators want a federal judge to break up Google to prevent the company from continuing to squash competition through its dominant search engine after a court found it had maintained an abusive monopoly over the past decade.
Feds outline 'necessary steps' for Colorado River agreement by 2026 but no recommendation yet
Read full article: Feds outline 'necessary steps' for Colorado River agreement by 2026 but no recommendation yetFederal water officials have made public what they call ānecessary stepsā for the seven states and multiple tribes that rely on the Colorado River to meet an August 2026 deadline for deciding how to manage the waterway in the future.
Class action lawsuit on AI-related discrimination reaches final settlement
Read full article: Class action lawsuit on AI-related discrimination reaches final settlementA federal judge has signed off on a settlement agreement Wednesday in a class action lawsuit alleging that an algorithm designed to score rental applicants discriminated on the basis of race and income.
US ahead in AI innovation, easily surpassing China in Stanford's new ranking
Read full article: US ahead in AI innovation, easily surpassing China in Stanford's new rankingThe U.S. leads the world in developing artificial intelligence technology, surpassing China in research and other important measures of AI innovation, according to a newly released Stanford University index.
Australia's parliament considers legislation banning social media for under 16s
Read full article: Australia's parliament considers legislation banning social media for under 16sLegislation for the world's first legal ban on children under 16 using social media has been introduced in Australia's Parliament.
Federal Reserve's likely slowdown in rate cuts could disappoint borrowers
Read full article: Federal Reserve's likely slowdown in rate cuts could disappoint borrowersJust a few weeks ago, the path ahead for the Federal Reserve looked straightforward: With inflation cooling and the job market slowing, the Fed appeared on track to steadily cut interest rates.
Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips
Read full article: Nvidia beats earnings expectations as investors eye demand for Blackwell AI chipsNvidia has reported a surge in third-quarter profit and sales as demand for its specialized computer chips that power artificial intelligence systems remains robust.
Brazilās Lula welcomes China's Xi for state visit as ties between countries strengthen
Read full article: Brazilās Lula welcomes China's Xi for state visit as ties between countries strengthenBrazil's President Luiz InĆ”cio Lula da Silva has welcomed Chinaās President Xi Jinping for a state visit at the Alvorada Palace in Brasilia, in the latest sign of deepening ties between the two countries that analysts say may accelerate as Donald Trump returns to the White House in 2025.
As US ramps up nuclear power, fuel supplier plans to enrich more uranium domestically
Read full article: As US ramps up nuclear power, fuel supplier plans to enrich more uranium domesticallyA supplier of fuel for nuclear power plants has announced a $60 million expansion in Tennessee, promising more manufacturing of high-tech centrifuges there to enrich uranium.
Archegos hedge fund founder Bill Hwang gets 18 years in prison for massive fraud
Read full article: Archegos hedge fund founder Bill Hwang gets 18 years in prison for massive fraudThe founder of Archegos Capital Management, a hedge fund, has been sentenced to 18 years in prison for his conviction in a securities and market manipulation fraud that prosecutors say cost global investment banks billions of dollars.
US charges tycoon Gautam Adani with defrauding investors, hiding plan to bribe Indian officials
Read full article: US charges tycoon Gautam Adani with defrauding investors, hiding plan to bribe Indian officialsIndian businessman Gautam Adani, one of the worldās richest people, has been indicted in the U.S. on charges he duped investors in a massive solar energy project in India by concealing that it was being facilitated by an alleged bribery scheme.
Lockers used by Ronaldo, Beckham and other Real Madrid stars are up for auction
Read full article: Lockers used by Ronaldo, Beckham and other Real Madrid stars are up for auctionMetal lockers that once held the sweat-stained shirts and muddy cleats of some of the worldās greatest soccer players are up for auction.
US gathers allies to talk AI safety as Trump's vow to undo Biden's AI policy overshadows their work
Read full article: US gathers allies to talk AI safety as Trump's vow to undo Biden's AI policy overshadows their workPresident-elect Donald Trump has vowed to repeal President Joe Bidenās signature artificial intelligence policy when he returns to the White House for a second term.
FTX co-founder gets no prison time after cooperating in case against Sam Bankman-Fried
Read full article: FTX co-founder gets no prison time after cooperating in case against Sam Bankman-FriedAn apologetic FTX co-founder has been sentenced to no time in prison after a prosecutor and a judge praised his cooperation against Sam Bankman-Fried and his efforts to recover money for victims of the cryptocurrency fraud.
Delta CEO says the Trump administration will reverse government 'overreach' seen under Biden
Read full article: Delta CEO says the Trump administration will reverse government 'overreach' seen under BidenThe chief executive of Delta Air Lines says the incoming Trump administration will be a ābreath of fresh airā for airlines after what he called government āoverreachā under President Joe Biden.
Ford, facing economic headwinds and weak EV sales, to cut 4,000 jobs in Europe
Read full article: Ford, facing economic headwinds and weak EV sales, to cut 4,000 jobs in EuropeFord is cutting its workforce by 4,000 in Europe and the U.K. by the end of 2027, citing headwinds from the economy and pressure from increased competition and weaker-than-expected sales of electric cars.
Comcast to spin off cable networks that were once the entertainment giant's star performers
Read full article: Comcast to spin off cable networks that were once the entertainment giant's star performersComcast is spinning off into a new company many of its cable television networks that were once at the heart of the entertainment giant, as consumers increasingly swap out their cable TV subscriptions for streaming platforms.
A tale of two retailers: Target reports sluggish spending while Walmart has a stellar quarter
Read full article: A tale of two retailers: Target reports sluggish spending while Walmart has a stellar quarterTarget has reported sluggish sales and slumping profits in the fiscal third quarter as inflation-weary customers curtailed their spending on apparel and other non-essential items.
Australia won't force social media users to share their personal details when child ban takes effect
Read full article: Australia won't force social media users to share their personal details when child ban takes effectAustralian communications minister says the government wonāt force social media users to hand over personal information to tech companies, as children younger than 16 are set to be banned from the platforms.
Snack judgment: Spanish court slaps supermarket that fired a worker for eating a croquette
Read full article: Snack judgment: Spanish court slaps supermarket that fired a worker for eating a croquetteA Spanish court has upheld a ruling that a supermarket worker was unlawfully fired for having eaten a croquette that was going to be thrown away after not having been sold from the storeās deli section.
Greece hit by general strike as thousands of workers protest over the high cost of living
Read full article: Greece hit by general strike as thousands of workers protest over the high cost of livingLarge protests have been held in Greece as part of a 24-hour nationwide general strike called by labor unions timed to coincide with the government submitting its 2025 budget to Parliament.
Higher energy bills push UK inflation to 6-month high in October
Read full article: Higher energy bills push UK inflation to 6-month high in OctoberInflation in the U.K. has risen sharply to a six-month high in October, cementing market expectations that there will be no further cuts in borrowing rates this year.
Maui Invitational returns to a Lahaina still grappling with raw emotions left by deadly wildfire
Read full article: Maui Invitational returns to a Lahaina still grappling with raw emotions left by deadly wildfireResidents of the Hawaii town devastated by last year's wildfire are awaiting the return of one of the nation's most prestigious basketball tournaments with mixed feelings.
Argentina's Milei pivots to pragmatism in first talks with China's Xi after shaking up the G20
Read full article: Argentina's Milei pivots to pragmatism in first talks with China's Xi after shaking up the G20Last year, then-presidential candidate Javier Milei declared Argentina would not āmake deals with communistsā in China or Brazil, calling their leaders āmurderersā and āthievesā in a bid to channel the populist energies of Donald Trump into a winning political message.
Japan records a trade deficit in October for a 4th straight month, despite export recovery
Read full article: Japan records a trade deficit in October for a 4th straight month, despite export recoveryJapan racked up a trade deficit in October for the fourth month in a row, as a weak yen and rising energy prices kept import costs high.
California voters reject measure that would have raised minimum wage to nation-high $18 per hour
Read full article: California voters reject measure that would have raised minimum wage to nation-high $18 per hourCalifornia voters have rejected a measure on the November ballot that would have raised the minimum wage for most workers to $18 an hour.
Hong Kong ex-publisher Jimmy Lai testifies he didn't ask Pence, Pompeo to take action against city
Read full article: Hong Kong ex-publisher Jimmy Lai testifies he didn't ask Pence, Pompeo to take action against cityFormer Hong Kong publisher Jimmy Lai is testifying in his defense at his landmark national security trial.
Despite slowing sales, automakers are expanding electric vehicle models, including family haulers
Read full article: Despite slowing sales, automakers are expanding electric vehicle models, including family haulersEven though sales of electric vehicles arenāt growing as fast as in past years and President-elect Donald Trump may ditch tax credits for EV buyers, automakers are moving ahead with new models that should appeal to mainstream buyers.
What to know about Howard Lutnick, Trump's pick for commerce secretary
Read full article: What to know about Howard Lutnick, Trump's pick for commerce secretaryPresident-elect Donald Trump has chosen Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald and cryptocurrency enthusiast, as his nominee for commerce secretary.
Trump picks Dr. Oz to run Medicare and Medicaid, Linda McMahon for Education, Lutnick for Commerce
Read full article: Trump picks Dr. Oz to run Medicare and Medicaid, Linda McMahon for Education, Lutnick for CommercePresident-elect Donald Trump has tapped billionaire professional wrestling mogul Linda McMahon to be secretary of the Education Department, tasked with overseeing an agency Trump has promised to dismantle.
New Harry Potter ride at Universal Orlando will have British Ministry of Magic as setting
Read full article: New Harry Potter ride at Universal Orlando will have British Ministry of Magic as settingHarry Potter fans anticipating the third attraction based on the popular book and movie franchise at Universal Orlando Resort learned that the fictional setting for the ride will be the British Ministry of Magic.
Reuters hires former Post and AP executive editor Sally Buzbee to lead US, Canada news operation
Read full article: Reuters hires former Post and AP executive editor Sally Buzbee to lead US, Canada news operationReuters has hired Sally Buzbee, former executive editor of The Washington Post and The Associated Press, to be its top news editor in the United States and Canada.
Nvidia rivals focus on building a different kind of chip to power AI products
Read full article: Nvidia rivals focus on building a different kind of chip to power AI productsBuilding the current crop of artificial intelligence chatbots has relied on specialized computer chips pioneered by Nvidia, which dominates the market and made itself the poster child of the AI boom.
How the proposed Trump administration tariffs could impact your wallet
Read full article: How the proposed Trump administration tariffs could impact your walletA local economist and the National Retail Federation say the Trump administrationās proposed tariff policies on $3 trillion of U.S. imports, which could boost domestic manufacturing and create more jobs, may also raise consumer prices.
Starting a small business is hard. Exiting can be even harder, but planning early is the key
Read full article: Starting a small business is hard. Exiting can be even harder, but planning early is the keyFiguring out what to do with a small business when an owner is ready to retire can be difficult, but itās best to have a plan well in advance of making a big change.
Microsoft pitches AI 'agents' that can perform tasks on their own at Ignite 2024
Read full article: Microsoft pitches AI 'agents' that can perform tasks on their own at Ignite 2024Microsoft CEO Satya Nadella told customers at a conference in Chicago on Tuesday that the company is teaching a new set of artificial intelligence tools how to āact on our behalf across our work and life.ā.
Jersey Mike's sandwich chain is acquired by private equity firm Blackstone for $8 billion
Read full article: Jersey Mike's sandwich chain is acquired by private equity firm Blackstone for $8 billionJersey Mikeās, the quickly expanding sandwich chain, is being acquired by the private equity firm Blackstone in a deal valued at $8 billion.
Volunteers came back to nonprofits in 2023, after the pandemic tanked participation
Read full article: Volunteers came back to nonprofits in 2023, after the pandemic tanked participationFrom foster grandparents who volunteer at an early child care center to citizen scientists who collect water quality data in remote locations, nonprofit volunteers have come back after the pandemic.
Walmart heads into official start of holiday season with strong momentum after robust 3Q results
Read full article: Walmart heads into official start of holiday season with strong momentum after robust 3Q resultsWalmart ratcheted up sales and profits again in the third quarter with its comparatively low prices proving a powerful draw for shoppers seeking to cut spending where they could.
Money to respond to climate change is key to UN talks in Baku. Nations are finding ways to raise it
Read full article: Money to respond to climate change is key to UN talks in Baku. Nations are finding ways to raise itBig money to respond to climate change is key to the United Nations talks underway in Azerbaijan.