Month: July 2024
Fast-food chains battle for low-income diners with summer value meals
The McDonald’s logo is displayed at a McDonald’s restaurant in Burbank, California, on July 22, 2024. Mario Tama | Getty Images Subway started phasing out its $5 footlong sandwiches a decade ago. But these days, other fast-food chains have revived the $5 price point, hoping to win over customers who have cut back their spending. […]
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US to announce military command revamp in Japan, official says
A dealer works behind U.S., left, and Japanese national flags at a foreign exchange brokerage in Tokyo, Japan. Yuriko Nakao | Bloomberg | Getty Images The United States will unveil a major revamp of its military command structure in Japan and other measures to deepen defense ties with its Asian ally at high-level security talks in Tokyo on Sunday, a U.S. official said. The […]
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At least 30 dead in Gaza school airstrike; Israel says targeted militants
Smoke rises following an Israeli strike on a residential building, amid the ongoing conflict between Israel and Hamas, in Nuseirat in the central Gaza Strip, in this still picture taken from a video, July 24, 2024. Reuters TV | Reuters At least 30 Palestinians were killed in an Israeli airstrike on a school housing displaced people in Gaza on Saturday, Palestinian health officials said, an […]
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Blinken chides Beijing’s ‘escalating actions’ at sea, concerned over Taiwan
TOPSHOT – US Secretary of State Antony Blinken (L) shakes hands with China’s Foreign Minister Wang Yi as they meet on the sidelines of the 57th Association of Southeast Asian Nations (ASEAN) Foreign Ministers’ Meeting in Vientiane on July 27, 2024. Achmad Ibrahim | Afp | Getty Images U.S. Secretary of State Antony Blinken criticised Beijing’s “escalating and unlawful […]
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Justice Department claims TikTok collected U.S. user views on issues like abortion and gun control
In a fresh broadside against one of the world’s most popular technology companies, the Justice Department is accusing TikTok of harnessing the capability to gather bulk information on users based on views on divisive social issues like gun control, abortion and religion. Government lawyers wrote in documents filed late Friday to the federal appeals court […]
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Climate change is gentrifying neighborhoods. In Miami, residents fear high prices — and a lost soul
Key Points Gentrification occurs when an area experiences a rapid rise in residents’ average incomes and rents. The typical outcome: The white population increases, and people of color are priced out. Climate change is accelerating this dynamic in some parts of the U.S., a trend known as “climate gentrification.” In Miami neighborhoods such as Allapattah, […]
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Trump’s Bitcoin speech aims to lock down crypto support as Harris gains momentum
Republican presidential nominee and former U.S. President Donald Trump walks off stage after speaking at a campaign rally at the Van Andel Arena in Grand Rapids, Michigan, on July 20, 2024. Anna Moneymaker | Getty Images NASHVILLE — Former president Donald Trump headlines the biggest bitcoin conference of the year on Saturday afternoon, as the race to capture the votes and the […]
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Going for gold — Three ‘Big Short’ traders say the precious metal is a major long
“The Big Short” traders Danny Moses, Vincent Daniel and Porter Collins are focused on one of their top long bets: gold. “I just don’t think Americans have enough gold in their portfolio,” Collins said on CNBC’s ” Fast Money ” in an exclusive interview this week . The three investors are known for their successful […]
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Buy top tech stocks like Apple ahead of their results before it’s too late, Bank of America says
There’s still plenty of buying opportunities among technology stocks, according to Bank of America. The investment bank says stocks like Apple are table-pounding buys ahead of quarterly results this week. CNBC Pro combed through Bank of America research to find buy-rated tech stocks with more room to run. They include: Microsoft, Apple , Micron Technology, […]
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