Elon Musk says he "fully endorses” Donald Trump after shooting

Elon Musk says he "fully endorses” Donald Trump after shooting. Billionaire Elon Musk, who has been increasing his criticism of U.S. President Joe Biden, has donated to a political group supporting presidential candidate Donald Trump, Bloomberg reported on Friday, citing sources. The report did not specify the amount

Donald Trump shot at rally

Donald Trump appeared to be shot in the ear as gunshots were fired at him during a rally in Pennsylvania. Trump clutched the side of his face, and blood splattered across his cheek as several popping sounds echoed. The former president quickly pumped his fist at the crowd to reassure

Meta, $META, removes Donald Trump Facebook and Instagram account restrictions ahead of 2024 election

Meta announced on Friday that it is lifting previously imposed penalties and restrictions on former President Donald Trump’s Facebook and Instagram accounts as the 2024 U.S. presidential election approaches. Nick Clegg, Meta’s president of global affairs, explained in a Friday blog post that the original suspension and

52% of Americans said the United States is too expensive to live in

52% of Americans said the United States is too expensive to live in. Gallup has been asking Americans annually since 2005 to name, without prompting, the top financial problem facing their family. Inflation has topped the list for the past three years. This year, the cost of owning or renting

70% of Americans have said inflation is the top problem today

Gallup has been asking Americans annually since 2005 to name, without prompting, the top financial problem facing their family. Inflation has topped the list for the past three years. This year, the cost of owning or renting a home ranks second at 14%, a new high for that issue. Other

Only 25% of U.S. adults say it’s extremely or very important to have a four-year college degree in order to get a well-paying job in today’s economy

Additionally, 40 percent of those surveyed by Pew Research said it is not important to get a degree to obtain a well-paying job, while 35 percent said a degree is somewhat important and 25 percent said it is very important. Opinions varied based on a person’s political ideology and

Hackers stole call and text records for "nearly all" AT&T, $T, customers, showing which phone numbers a customer called or texted

Hackers stole call and text records for "nearly all" AT&T, $T, customers, showing which phone numbers a customer called or texted Hackers have stolen six months' worth of call and text message records of nearly every AT&T cellular network customer, the company reported

Gen Zers are so disillusioned with the economy that they think it’s OK to commit fraud

Each quarter, Sift produces an index report to better understand the latest online fraud trends, including how businesses and consumers are affected, emerging fraud tactics, and how fraud impacts consumer behavior when making purchases online. Over the past two quarters, we've noticed a surprising generational divide: Gen Z—

Elon Musk has said: The European Commission offered 𝕏 an illegal secret deal: if we quietly censored speech without telling anyone, they would not fine us

Elon Musk has said: The European Commission offered 𝕏 an illegal secret deal: if we quietly censored speech without telling anyone, they would not fine us. The other platforms accepted that deal. 𝕏 did not. In a separate exchange on the platform, Musk threatened to further his case in court over the

Biden says cease-fire framework agreed to by Israel, Hamas

"Six weeks ago, I laid out a comprehensive framework for achieving a ceasefire and bringing the hostages home," Biden wrote on X, formerly Twitter. "There is still work to do, and these are complex issues, but that framework is now agreed upon by both Israel and Hamas.

Major Democrat donors to the largest pro-Biden super PAC have frozen $90 million in pledged donations

Some major Democratic donors have informed the largest pro-Biden super PAC, Future Forward, that approximately $90 million in pledged donations will remain on hold if President Joe Biden continues his candidacy, the New York Times reported on Friday, citing unnamed sources. According to two individuals briefed on the conversations, the

Biden's campaign team thinks Obama — who spoke with Pelosi — is behind the revolt against him

Biden's campaign team thinks Obama — who spoke with Pelosi — is behind the revolt against him. Former President Barack Obama and ex-House Speaker Nancy Pelosi have reportedly discussed their growing concerns about President Biden’s 2024 re-election campaign in private conversations. According to sources, a rising number of influential

US President Biden accidentally introduces Ukraine President Zelenskyy as Russian President Putin in his NATO speech

Joe Biden, speaking to reporters at the Nato summit just now, mistakenly referred to Ukraine's president, Volodymyr Zelenskiy, as “President Putin”. Biden quickly realised his mistake and corrected himself. Zelenskiy joked: I'm better.

Governments worldwide owe an unprecedented $91 trillion, an amount almost equal to the size of the global economy and one that will ultimately exact a heavy toll on their populations

Governments owe an unprecedented $91 trillion, nearly matching the size of the global economy, which will ultimately take a heavy toll on their populations. Debt burdens have grown so large — partly due to pandemic costs — that they now pose a growing threat to living standards even in wealthy economies like

CPI comes in at 3% vs 3.1% YoY expected

Slower-than-expected inflation in June should solidify hopes that Federal Reserve officials will feel confident enough to begin lowering interest rates. Recent consumer price readings, including Thursday’s report, indicate that inflation is on track and trending sustainably back to the Fed’s 2% target after a period of stalled progress

Americans' pandemic savings are gone

Americans' pandemic savings are gone. The pandemic savings cushions that helped Americans manage high prices in recent years have dwindled, leading to a reduction in consumer spending power that is affecting the economy. Delinquencies are rising, executives are expressing caution about shopper behavior in recent earnings calls, and retail

Nearly two in five (38%) U.S. renters don't believe they'll ever own a home, up from roughly one-quarter (27%) less than a year ago

Nearly two in five (38%) U.S. renters don't believe they'll ever own a home, up from roughly one-quarter (27%) less than a year ago, per Redfin. Lack of affordability is the main reason many renters doubt they will become homeowners. Nearly half (44%) of renters

The number of hardship withdrawals per 1,000 savers increased about 40% last year and have doubled since 2021

An increasing number of Americans are making emergency "hardship withdrawals" from their 401(k) plans to avoid eviction or foreclosure, according to new data from investment and retirement giant Vanguard. This trend raises concerns about the looming retirement crisis and questions the robustness of the current "economic

67% of voters say Biden should step aside as the presumptive Democratic nominee

A majority of voters (67%) believe President Biden should step aside as the presumptive Democratic nominee, according to a new ABC News/Washington Post/Ipsos poll published Thursday. Why it matters: This is another survey indicating that most voters think Biden should withdraw following his performance in last month'

U.S. announces new $225 million military assistance package for Ukraine

President Joe Biden announced a new $225 million aid package for Ukraine on Thursday, which includes a Patriot missile system to strengthen its air defenses against a deadly barrage of Russian airstrikes. Biden made the announcement during a meeting with Ukrainian President Volodymyr Zelenskyy, who called it “strong news” but

Tesla, $TSLA, plans to delay Robotaxi unveiling to October from August

Tesla is delaying the launch of its robotaxi by about two months to October, as the design team was instructed to rework some elements of the car, Bloomberg News reported on Thursday, citing people familiar with the decision. Shares of Tesla, which is betting on self-driving vehicles over less-expensive cars,

Bill Hwang has been found guilty of market manipulation

Bill Hwang, founder of Archegos Capital Management, was found guilty of fraud Wednesday by a Manhattan federal court after the 2021 collapse of his investment firm wiped billions of dollars off financial markets and nearly brought down Wall Street. The jury delivered a swift conviction, finding Hwang guilty on 10

11% of men aged 25-54 don't have a job and aren't looking for one, more than triple the percentage recorded in 1955, when just 3% were out of the workforce

A significant proportion of American men aged 25 to 54 are neither employed nor actively seeking work, creating a substantial gap in the nation's economy. Back in 1953, nearly all men in this age group were either employed or looking for employment. Since then, this figure has steadily

Costco, $COST, is increasing its executive memberships by $10 and its annual membership by $5

It’s soon going to cost more money to get your foot in the door at Costco. But the good news is your hot dog is still $1.50 — for now at least. The retailer is raising membership fees by $5 to $65 a year in the US and Canada,

U.S. household debt has reached a record and more Americans are falling behind on their credit card payments

More Americans are falling behind on their credit card payments. About 8.9% of credit card balances became delinquent over the past year, according to the Federal Reserve Bank of New York. This indicates that a growing number of borrowers are struggling with rising prices and high interest rates. "