Month: October 2025
Kristi Noem’s shutdown airport video may violate Hatch Act, Sen. Cantwell warns
U.S. Senator Maria Cantwell (D-WA) speaks during a press conference following the weekly policy luncheon, on Capitol Hill in Washington, D.C., U.S., June 3, 2025. Annabelle Gordon | Reuters Democratic Sen. Maria Cantwell on Wednesday asked the U.S. Office of Special Counsel to investigate Department of Homeland Security Secretary Kristi Noem for “likely” violating the […]
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Tesla demand in focus after Trump policies lead GM, Ford to retreat from EV ambitions
President Donald Trump holds a news conference with Elon Musk to mark the end of the Tesla CEO’s tenure as a special government employee overseeing the U.S. DOGE Service on Friday May 30, 2025 in the Oval Office of the White House in Washington. Tom Brenner | The Washington Post | Getty Images General Motors’ […]
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Anthropic launches Claude Haiku 4.5, a smaller, cheaper AI model
Dario Amodei, co-founder and chief executive officer of Anthropic, at the World Economic Forum in 2025. Stefan Wermuth | Bloomberg | Getty Images Anthropic on Wednesday announced Claude Haiku 4.5, a small artificial intelligence model that’s available as a lower-cost offering for all of the company’s users. The model is fast and can outperform other […]
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Fed’s Miran sees China trade tensions as a further reason for quick interest rate cuts
Key Points Fed Governor Stephen Miran said the latest impasse in trade talks between the U.S. and China poses new dangers to the economic outlook and makes the case for rate cuts even more urgent. Miran has advocated for another 1.25 percentage points in cuts on top of the quarter-point move the Federal Open Market […]
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Democratic governors form a public health alliance in rebuke of Trump administration
US Health and Human Services (HHS) Secretary Robert F. Kennedy, Jr. speaks about the sending of warning letters to companies for illegally marketing products containing 7-hydroxymitragynine, also known as 7-OH, as part of their actions combatting opioids, during a press conference at HHS headquarters in Washington, DC, on July 29, 2025. Saul Loeb | Afp […]
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Abbott’s quarter disappoints again: We’re downgrading it and considering what to do next
Shares of Abbott Laboratories fell 3% on Wednesday after the diversified health-care company delivered another less-than-stellar quarter. Revenue in the third quarter ended Sept. 30 rose 6.9% to $11.37 billion, missing the $11.4 billion consensus estimate compiled by market data provider LSEG. Organic sales , excluding Covid testing results, rose 7.5%, beating the 5.9% estimate, […]
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Government shutdown enters third week with no end in sight
Senate Majority Leader John Thune, a Republican from South Dakota, left, and US House Speaker Mike Johnson, a Republican from Louisiana, during a news conference at the US Capitol in Washington, DC, US, on Friday, Oct. 10, 2025. Valerie Plesch | Bloomberg | Getty Images The government shutdown stretched into its third week on Wednesday […]
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Nuclear stocks surge after U.S. Army launches program to deploy small reactors
Nuclear stocks rallied Wednesday after the U.S. Army launched a program to deploy small reactors. Shares of NuScale, a small reactor developer, soared 17%. Oklo and Nano Nuclear were up nearly 7% and 4%, resepectively. The uranium company Centrus was up 13%. The U.S. Army on Tuesday launched a program to build micro nuclear reactors […]
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Cramer: This European company is key to understanding U.S.-China trade tensions
With U.S.-China trade tensions ratcheted back up, CNBC’s Jim Cramer said investors need to look to Europe to better understand the animosity between the world’s two largest economies. That’s where they will find ASML , the Netherlands-based maker of advanced lithography machines that are essential in producing the cutting-edge semiconductors from the likes of Nvidia […]
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Stocks making the biggest moves midday: Bank of America, Morgan Stanley, Bunge, Progressive and more
Check out the companies making the biggest moves in midday trading: F5 — Shares of the cybersecurity firm fell more than 3% after it disclosed a nation-state actor gained access to its systems. The company said the breach hasn’t hurt its operations. Progressive — The insurer’s stock tumbled about 8% after reporting disappointing results. Progressive […]
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