Iran attacks Israel

Iran launched a series of missiles toward Israel on Tuesday, claiming it was a direct response to the killing of Hezbollah leader Hassan Nasrallah and others. CNN teams stationed across Israel reported seeing numerous missiles overhead, with some intercepted by Israel’s air defense systems, though it remains unclear how

Bill Gates of Microsoft, $MSFT, says the thing that keeps him up at night, per CNBC: ‘If we avoid a big war...there will be another pandemic’

Two potential disasters worry Gates the most. He tells CNBC Make It that "a lot of unrest" in the world could trigger "a major war." Even if a significant conflict is avoided, he predicts that "yes, there will be another pandemic, most likely in the

"We are in a recession already," Jeffery Gundlach has said, per BI: "I see an awful lot of layoffs announcement"

Billionaire "bond king" and DoubleLine CEO Jeffrey Gundlach commented on the Federal Reserve's upcoming rate decision, with markets expecting a 50 basis point cut in the federal funds rate on Wednesday. This would be the first rate cut in over four years, aimed at preventing high

A majority of car shoppers — 62% — are holding off on purchasing their next vehicle because of high interest rates

A majority of car shoppers — 62% — are holding off on purchasing their next vehicle because of high interest rates, per Edmunds. During a post-meeting press conference, Fed Chair Jerome Powell was asked whether interest rate cuts would reignite demand in the housing market and push prices higher again. His response

Jerome Powell says the Fed can cut rates but it can’t fix the housing crisis

During a post-meeting press conference, Fed Chair Jerome Powell was asked whether interest rate cuts would reignite demand in the housing market and push prices higher again. His response was revealing: while a drop in mortgage rates could ease the "lock-in effect"—where homeowners are reluctant to sell

Elon Musk says SpaceX plans to launch about five uncrewed Starships to Mars in two years

SpaceX plans to launch around five uncrewed Starship missions to Mars over the next two years, CEO Elon Musk announced on Sunday via social media platform X. Earlier this month, Musk mentioned that the first Starships would head to Mars in two years, coinciding with the next Earth-Mars transfer window.

Nearly half of Gen Zers wish TikTok ‘was never invented'

Nearly half of Gen Zers wish TikTok ‘was never invented,’ survey finds per FORTUNE. In a New York Times opinion piece, Jonathan Haidt, author of the controversial best-seller The Anxious Generation, discusses four fundamental rules for children and smartphones: no smartphones before high school, no social media before age 16,

America is becoming less “woke”," per the Economist, with analysis finding that woke opinions and practices are on the decline

Ford Motor Company is scaling back some of its diversity, equity, and inclusion (DEI) initiatives, becoming the latest U.S. corporation to slow down on "woke" policies, joining companies like John Deere, Lowe's, and Tractor Supply. Anti-woke activist and filmmaker Robby Starbuck, who has been leading

Hurricane Helene leaves many dead

A crisis unfolded in western North Carolina as officials worked to deliver water, food, and other supplies to flood-stricken areas left without power and cellular service on Monday, days after Hurricane Helene devastated the southeastern U.S. The death toll from the storm is nearing 100. At least 91 people

The New York Times has endorsed Kamala Harris, saying "she is the only option" for president

On Monday, The New York Times editorial board endorsed Vice President Kamala Harris for president, calling her "the only patriotic choice" while painting a dire picture of a potential second term for former President Donald Trump. Instead of beginning with praise for Harris, the board opened its endorsement

Senior U.S. Officials have told the BBC that Israel has notified them an Invasion of Southern Lebanon is Imminent, and could begin as soon as today

Israel has issued a warning that it will deploy "all the means" at its disposal to strike the Lebanese militant group Hezbollah, amid growing concerns about a possible ground invasion of Lebanon. "The next phase in the war against Hezbollah will begin soon," Israeli Defense Minister

The US Chamber of Commerce has urged President Biden to block the East coast port strike, saying it would be "Unconscionable" to allow work stoppage that will shock the US and world economy

Workers at U.S. East and Gulf Coast ports are set to strike in less than 10 hours, with no negotiations currently scheduled to prevent a walkout that could halt container traffic from Maine to Texas and cost the economy billions of dollars per day. The labor contract between the

Jerome Powell has said that there is nothing suggesting a downturn is more likely now than previously

The U.S. economy appears to be on track for continued easing in inflation, which should enable the Federal Reserve to reduce its benchmark interest rate and eventually reach a level that no longer restrains economic activity, Fed Chair Jerome Powell said on Monday. Speaking at the National Association for

China banks have been told to cut rates by about 50 bps on existing mortgage loans

China's central bank announced on Sunday that it would instruct banks to lower mortgage rates on existing home loans by Oct. 31, as part of broader measures to support the struggling property market amid an economic slowdown. According to a statement from the People's Bank of

Trump said: "I'm just notifying John Deere, $DE, right now. If you build in Mexico, we're putting a 200% tariff on everything that you wanna sell into the United States so that if I win, John Deere is gonna be paying 200%"

Apple, General Motors, John Deere, and Facebook share two key traits: they are iconic American companies, and they have faced the ire of former President Donald Trump. Trump, more than any modern U.S. president, has directly targeted individual businesses, threatening them with boycotts, revoked federal contracts, and massive tariffs.

Novo Nordisk CEO Lars Fruergaard Jørgensen said Americans’ struggle to navigate the “complex U.S. healthcare system”

Novo Nordisk CEO Lars Fruergaard Jørgensen highlighted the difficulties Americans face in navigating the "complex U.S. healthcare system" and emphasized that "no company alone can solve such vast and complicated policy challenges." He defended the high prices of Novo's weight-loss drugs in the

Peter Thiel has said that the 2024 election won't be close: "One side is simply going to collapse"

Peter Thiel, the conservative tech billionaire known for his contrarian viewpoints, has made another bold prediction: the 2024 election will not be close. Speaking at the All-In Summit earlier this month, Thiel acknowledged that the current race between former President Donald Trump and Vice President Kamala Harris is "basically

Elon Musk says Warren Buffett is positioning for Kamala Harris win with his $277 billion cash pile

While Vice President Kamala Harris is gaining ground in polls against her Republican opponent Donald Trump, she hasn’t made much headway with the business and investing community. Hedge fund manager John Paulson, founder of Paulson & Co., stated during a media appearance on Tuesday that he would withdraw his

"A significant tax incentive is scheduled to expire in 2025, with many wealthy parents rushing to transfer their assets to their children," per YF

"A significant tax incentive is scheduled to expire in 2025, with many wealthy parents rushing to transfer their assets to their children," per YF. With a major tax incentive set to expire in 2025, many wealthy parents are hurrying to transfer assets to their children, driven by concerns

86% of U.S. workers with education debt said their degree wasn’t worth the toll that student loans has had on their overall well-being

86% of U.S. workers with education debt said their degree wasn’t worth the toll that student loans has had on their overall well-being. Further, 53% of workers said that knowing they would incur additional debt has prevented them from pursuing more education, per CNBC. Over two-thirds of student

Some baby boomers are burning through their retirement savings to pay for cancer treatments. Then they have to go back to work

"Some baby boomers are burning through their retirement savings to pay for cancer treatments. Then they have to go back to work," per BI. "Most importantly, the baby boom generation has started to retire with a record $76 trillion in net worth," he wrote for the

New York Mayor Eric Adams pleads not guilty in corruption case

New York Mayor Eric Adams pleads not guilty in corruption case. New York City’s embattled mayor, Eric Adams, pleaded not guilty on Friday to federal corruption charges, following allegations that he used his position to obtain free trips, luxury hotel stays, and questionable campaign donations. Adams faces charges of

Costco, $COST, has responded to the Sean Diddy Combs story and said "none of the company's US locations carry baby oil."

Costco is refuting a claim made by Sean “Diddy” Combs’ lawyer that the rapper’s extensive baby oil collection was sourced from their stores. The statement came after US attorneys alleged they discovered 1,000 bottles of baby oil at Combs' mansions, which they claim were used during “freak

China says it will give one-off cash handouts to people in extreme poverty

China’s government has announced a rare, one-time cash handout for citizens living in extreme poverty, following a broader package of measures aimed at reviving the country’s struggling economy. The Ministry of Civil Affairs stated on Wednesday (Sept 25) that subsidies will be distributed to vulnerable groups, including orphans

Nearly half of remote workers multitask on work calls or complete household chores like unloading the dishwasher or doing a load of laundry

Nearly half of remote workers multitask on work calls or complete household chores like unloading the dishwasher or doing a load of laundry. A third of remote workers use the flexibility of working from home to run errands, such as going to the grocery store or picking up dry cleaning.