Biden attacks ‘MAGAnomics’ even as polls show Americans aren’t sold on ‘Bidenomics,’ either
President Joe Biden on Thursday delivered what the White House billed as a “major economic address on Bidenomics vs. MAGAnomics,” with the speech coming as polls show most Americans disapprove of his handling of the U.S. economy. “You hear from our friends on the other side, the MAGA Republicans, what’s wrong with America,” Biden said in […]
GM sweetens wage and benefits offer to workers
General Motors CEO Mary Barra talks with reporters following a meeting with lawmakers from Michigan and Ohio at the U.S. Capitol June 05, 2019 in Washington, DC. Chip Somodevilla | Getty Images DETROIT – General Motors is attempting to avoid a looming strike by the United Auto Workers union through a new offer Thursday that […]
Manhattan median rent remains at record high
Manhattan renters may have reached their “affordability threshold” in August, as median rents remained at a record high, according to a new report. The median rent in Manhattan in August was $4,370 a month, unchanged from the record high in July, according to data from brokerage firm Douglas Elliman and the appraisal and research firm […]
Gold prices post modest gain, a day after settling at a 3-week low
Gold posted a gain on Thursday, a day after settling at its lowest price in three weeks, but strength in the U.S. dollar in the wake of an interest-rate hike and statement from the European Central Bank helped to limit the metal’s rise. Investors also looked to some fresh U.S. inflation data for hints on […]
Ford CEO fires back at UAW leader as Thursday strike deadline looms
Ford CEO Jim Farley speaks with media after revealing the 2024 Ford F-150 for the Detroit auto show on Sept. 12, 2023. Michael Wayland / CNBC DETROIT – Ford Motor CEO Jim Farley rebuffed comments by United Auto Workers President Shawn Fain that the company is not taking bargaining seriously ahead of a Thursday night […]
European Central Bank lifts rates by 25 basis points, signals it may be last hike
The European Central Bank on Thursday lifted its key interest rates by 25 basis points as it continues the fight against inflation, but also signaled that its 10th straight hike may be its last. “Inflation continues to decline but is still expected to remain too high for too long. The Governing Council is determined to […]
SpaceX no longer taking losses to produce Starlink satellite antennas
A Starlink satellite terminal, also known as a dish, setup in front of an RV. SpaceX PARIS — Elon Musk’s SpaceX is no longer absorbing the cost of the Starlink antennas it sells with its satellite internet service, a company executive said Wednesday, a key step to the company improving its profitability. “We were subsidizing […]
My neighbor wants me to cut down my 20-year-old oak tree. Can he force me?
Dear Quentin, I have a healthy 20-year-old oak tree that my neighbor is convinced is going to fall on his house. It provides shade and privacy for me, and it’s a beautiful specimen. How do I explain to my neighbor that removing the tree is not going to happen? Our community consists of small lots […]
Marvel VFX artists unanimously vote to unionize
Mark Ruffalo as The Hulk in “Avengers: Endgame.” Disney | Marvel Hollywood, already gripped by two strikes, has some new union members. Marvel Studios’ visual effects workers unanimously voted in favor of unionizing with the International Alliance of Theatrical Stage Employees, IATSE announced Wednesday. This marks the first time a unit of solely VFX workers […]
Delta makes it harder to get into airport lounges
Delta’s new SkyClub at John F. Kennedy International Airport in New York. Leslie Josephs/CNBC Delta Air Lines is changing how customers can earn elite frequent flyer status and is making it harder for many American Express cardholders to get into the carrier’s airport lounges, the latest reality check for air travel’s era of mass luxury. […]
