The U.S. government for the first time has spent more than $1 trillion this year on interest payments for its $35.3 trillion national debt, the Treasury Department reported Thursday.With the Federal Reserve holding benchmark rates at their highest in 23 years, the government has laid out $1.049 trillion on debt…

American Airlines flight attendants approved a five-year labor deal, ending one of the industry’s most contentious contract negotiations and giving cabin crews more than 20% raises at the start of October.Eighty-seven percent of the American Airlines flight attendants who voted approved the contract, the union said Thursday, shortly after polls…

Chinese “pure play” electric vehicle carmaker NIO Inc. (NYSE:NIO) — a long-touted “Tesla Killer” — announced its second quarter (Q2) earnings for its Fiscal Year (FY) 2024 on the 5th of September. By no means was the stock a massive earner in the Year Till Date (YTD) until then. However,…

Check out the companies making headlines in midday trading. Trump Media & Technology — The stock fell more than 13% following Tuesday’s debate between majority shareholder former President Donald Trump and Democratic Vice President Kamala Harris. On Wednesday, Trump Media hit its lowest intraday level since going public on the…

Norfolk Southern’s board is investigating whether CEO Alan Shaw had an inappropriate relationship with the company’s top-ranking lawyer, according to several people with direct knowledge of the board’s thinking, which could create a leadership vacuum at one of the country’s largest railroads.The probe comes less than two years after a…

U.S. Global Investors, Inc. (NASDAQ:GROW) Q4 2024 Earnings Conference Call September 11, 2024 8:30 AM ET Company Participants Holly Schoenfeldt – Director, MarketingFrank Holmes – Chief Executive Officer & Chief Investment OfficerLisa Callicotte – Chief Financial Officer Holly Schoenfeldt [Starts Abruptly] The presenters for today’s program are Frank Holmes, U.S.…

New Starbucks CEO Brian Niccol will focus on improving the chain’s U.S. business in his early days on the job before he moves to fix its issues abroad, according to an open letter published on Tuesday.”… In some places — especially in the U.S. — we aren’t always delivering,” Niccol…

A gauge of economic misery that has a strong track record of predicting elections is tilting toward a Kamala Harris victory — but it appears tight entering the race’s final stretch.The “misery index” is the addition of the unemployment rate to the annualized inflation rate in the U.S. It has…

Thesis Summary Palantir Technologies Inc. (NYSE:PLTR) rallied over 14% on Monday after it was added to the S&P 500 Index (SP500). The stock is up over 30% in the last month, in stark contrast to many other SaaS and AI companies. Palantir has taken it upon itself to prove to…

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 Monday’s key moments. Stocks on Monday were bouncing back from last week’s sell-off, with the S & P 500 and Nasdaq Composite both solidly in the green. Tech…