SpaceX’s next-generation Starship spacecraft atop its powerful Super Heavy rocket is launched from the company’s Boca Chica launchpad on an uncrewed test flight, near Brownsville, Texas, on Nov. 18, 2023. Joe Skipper | Reuters The valuation of Elon Musk’s SpaceX hit $180 billion based on an ongoing secondary share sale, CNBC confirmed Wednesday. The company is discussing … Read more
U.S. Treasury yields were fractionally higher on Monday, as investors look ahead to this week’s Federal Reserve policy meeting. The yield on the benchmark 10-year Treasury note was just over a single basis point higher at 4.2563%, while the yield on the 30-year Treasury bond was just under a point higher at 4.3339%. Yields move … Read more
By Pete Schroeder WASHINGTON (Reuters) – U.S. banks reported Wednesday a slowdown in profits in the third quarter of the year, as lower noninterest income and higher realized losses on bank investments took a toll. The U.S. Federal Deposit Insurance Corporation reported bank profits at $68.4 billion in the most recent quarter, down 3.4% from … Read more
Mortgage Refinance Rates on Oct. 27, 2023: Rates Tick Higher – CNET Want CNET to notify you of price drops and the latest stories? Multiple important refinance rates were higher this week. Though refinance rates change daily, experts expect rates to continue to climb. Katherine Watt Contributor Katherine Watt is a CNET Money writer focusing … Read more
HONG KONG — Chinese telecoms equipment maker Huawei Technologies said its revenue edged higher in the first three quarters of the year, even as it grappled with U.S. sanctions that have hindered both its sales and its purchases of advanced technology. The Shenzhen-headquartered firm said Friday that it generated 456.6 billion yuan ($86.3 billion) in … Read more
June Wan/ZDNET I’m a big fan of the Pixel line of phones. I’ve been using them since the very first iteration and haven’t jumped off the Pixel train since. To date, there has only been one major disappointment for me (the Pixel 4), and that was only because of very poor battery life. So, when … Read more
Pedestrians walk past a billboard announcing the World Bank Group and International Monetary Fund annual meetings, on the side of the International Monetary Fund headquarters in Washington DC on October 5, 2023. Mandel Ngan | Afp | Getty Images Top economists and central bankers appear to be in agreement on one thing: interest rates will … Read more
Former Trump White House aide Cassidy Hutchinson appeared on MSNBC’s “The Rachel Maddow Show” to discuss her upcoming book “Enough,” which details among other things what she witnessed working for Trump during the period culminating in his attempt to overturn the government on Jan. 6, 2021. Hutchinson has of course revealed many shocking details about … Read more
Launched on September 18, 2015, Larger Fact ended up turning into Chris Cornell’s remaining full-length inventive assertion earlier than his tragic and surprising loss of life, on Might 18, 2017. Nevertheless, like the remainder of his work with Soundgarden, Audioslave, and as a bona fide solo star, the album is suffused with soul, magnificence, and … Read more
An American Airways 787 is loaded with cargo at Philadelphia Worldwide Airport. Leslie Josephs/CNBC Extra corporations are warning {that a} surge in the price of gasoline and worker pay hikes will eat into income this quarter. Firms from aerospace producers to bundle supply big UPS are digesting large new labor offers. In the meantime, unions … Read more