Investors are worried France could be facing a financial crisis if the political center collapses in upcoming parliamentary elections, leaving far-right populists in charge of the European Union’s second-biggest economy. President Emmanuel Macron called the snap elections Sunday after his party lost to the far right in a vote for EU…

Darden Restaurants, Inc. (NYSE:DRI) has been able to generate a total shareholder return of over 10% annually on any 10 years since its spin-off from General Mills 29 years ago. As a result, it returned 363% vs. the 176% the S&P500 (SPY) achieved. However, in the past 5 years, DRI…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Brussels is set to charge Apple over allegedly stifling competition on its mobile app store, the first time EU regulators have used new digital rules to target a Big Tech group.The European…

The Biden administration is imposing sanctions on an Israeli group for disrupting humanitarian convoys headed to Gaza. Both the US Treasury Department and the US State Department took action against the “Tsav 9” movement for its repeated obstruction of the aid. The Tsav 9 movement, a grouping of demobilized reservists,…

Supreme Court Rules in Favor of the IRS On June 6, 2024, the U.S. Supreme Court issued a unanimous opinion on a closely held business valuation case that will have significant impact on many family and closely held businesses. Connelly v. United States, U.S., No. 23-146, Opinion 6/6/24. The case…

Home remodels are gaining in popularity, particularly as prices for existing homes skyrocket. Nearly 63% of homeowners surveyed by Adobe said they’d rather remodel their homes rather than deal with the home-buying process. The survey included more than 1,000 homeowners across the country. The home-buying process can be intimidating, but…

The Consumer Financial Protection Bureau (CFPB) will apply credit card rules to Buy Now, Pay Later (BNPL) products.  As a result, BNPL lenders must follow the federal Truth in Lending Act (TILA) and Regulation Z rules that apply to credit cards, according to a CFPB statement. That means consumers will…

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Microsoft will evaluate its employees’ cybersecurity contributions in reviews that will factor into their compensation, Brad Smith, the company’s vice chair and president, said ahead of a Thursday U.S. House committee hearing on the software maker’s security practices.The changes represent part of Microsoft’s efforts to address concerns about how much…

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. U.S. stocks were mixed Thursday as traders weighed May’s producer price index data , which showed that inflation pressures may be easing. The S &…