President Joe Biden will appear on "The 11th Hour with Stephanie Ruhle" for his first one-on-one interview since announcing his reelection bid. The interview is set to air at 10 p.m.
President Joe Biden announced on Friday that Neera Tanden, a senior adviser and staff secretary in the White House, will be named as the director of the Domestic Policy Council. She will replace Susan Rice in this position, with Stef Feldman being appointed to take over her role as staff secretary.
The Labor Department's jobs report on Friday showed an unexpected rebound in employment, despite major employers continuing to cut jobs. The unemployment rate has ticked up from a 54-year low of 3.4% in January but remained near historically low levels.
The Dow Jones Industrial Average rallied more than 400 points in morning trade as investors digested an upbeat April jobs report and impressive earnings from major companies, including Apple Inc. The Nasdaq climbed 1.7%, while the S&P 500 advanced by 1.5%.
In an ambitious move to secure the best professionals in the industry, tech entrepreneur and founder of FlyFeed, an insect farming startup, has formed a team of top-tier experts during the early stages of company development. The primary goal is to identify and hire the top 5% candidates as quickly as possible.
Apple Inc. has reported better-than-expected earnings and sales for the fiscal second quarter ended April 1, with total revenue reaching $94.84 billion and net income at $24.16 billion. The company also announced an increase in its dividend as well as an additional $90 billion allocated for share buybacks.
The highly anticipated 2023 Real Estate Awards ceremony has come to a close, leaving industry professionals filled with inspiration and acknowledgment for their hard work. The awards recognized several exceptional transactions and companies that made significant contributions in the real estate sector over the past year.
Fifteen stocks have reached their 52-week highs, and investors are encouraged to bet on them using a momentum investing strategy. This approach is often debated as some believe it could lead to overpriced stocks.
Yevgeny Prigozhin, the leader of Russia's Wagner mercenary group, has announced plans for his forces to withdraw from the embattled eastern Ukrainian city of Bakhmut on May 10. The decision comes amid escalating tensions between Prigozhin and the Russian military command over insufficient ammunition supplies and heavy losses experienced by Wagner fighters.
The Liberal Democrats have made history by becoming the first party ever to win two terms in office at Bath and North East Somerset Council. The Conservatives lost eight seats, leaving them with only three remaining, while the Greens equaled the Tories with three councillors as well.
HSBC CEO Noel Quinn has defended the bank's stance on fixed dividends at Friday's annual meeting, amid pressure from shareholder resolutions that require 75% of votes to pass. Quinn argued that maintaining fixed dividends represents "wise corporate governance and wise capital management for a bank." However, Michael Makdad, senior equity analyst at Morningstar, did not expect these resolutions to clear the required threshold.
Malaysian Prime Minister Anwar Ibrahim announced on Friday that his country is in negotiations with other nations to expedite the return of fugitive financier Low Taek Jho, also known as Jho Low, in order to face criminal charges related to the 1MDB scandal. The prime minister emphasized that this process is complicated but confirmed cooperation from other countries in tracking down Low.
The Conservative Party has managed to retain control of the North East Lincolnshire Council, despite losing three seats in the recent local elections. Labour gained one seat, while independent candidates secured two additional spots on the council.
Labour has successfully won back control of the Stoke-on-Trent City Council, securing the 23 seats needed to wrest it from the Conservatives. Former Labour MP Baroness Anderson acknowledged that while this victory is significant, there remains a "huge amount of work to do" in preparation for the general election.
The latest round of local elections in England has seen the results of more than 8,000 seats contested across 230 councils. Cities and regions such as Bedford, Leicester, Mansfield, and Middlesbrough are choosing new mayors.
The Brussels Edition is a daily briefing that delivers essential information from the heart of the European Union. Topics covered include critical news like Russia's invasion of Ukraine, new sanctions mechanisms by the EU, and discussions over control in the rapidly changing Arctic region.
Indonesia's economy has outperformed expectations as it grew by 5.03 percent during the January-March period, bolstered by consumer spending, government expenditure, and strong exports. Despite predictions of a slowdown due to easing commodity prices and global monetary policy tightening impacting worldwide demand, Southeast Asia's largest economy remained resilient.
In a stunning turn of events, the Conservative Party experienced significant losses in local elections as Labour made historic gains. For the first time in 23 years, Labour has become the largest party on Worcester's city council after a disastrous night for the Tories.
The UK government has announced that its free trade agreements with New Zealand and Australia will come into force by the end of this month. The deals are part of Britain's efforts to expand its economic ties after it left the European Union.
President Joe Biden is expected to nominate Air Force Gen. Charles Brown as the next chairman of the Joint Chiefs of Staff, succeeding Army Gen. Mark Milley and installing the second black general as the Pentagon's top leader.
Honolulu's bustling Ward Village is now home to a new and innovative store focused on sustainability and eco-friendly products. For Simple Sustainability, which officially opened its doors this month, aims to provide customers with sustainable alternatives to everyday items while promoting environmentally conscious living.
The Reserve Bank of Australia (RBA) has released updated forecasts indicating that the nation's near-term inflation should decline faster than previously predicted. This change is attributed to easing wage growth and a slowing, yet recession-free economy.
Former CIA Deputy Director Michael Morell invited fellow intelligence veterans in mid-October 2020 to add their names to a list suggesting that the Hunter Biden laptop story could be part of a Russian disinformation campaign. The Washington Examiner first reported the invites, which were followed by an exchange between Morell and former CIA Director John Brennan about the recruiting effort.
The White House announced new initiatives on Thursday aimed at combatting the still untamed capabilities of artificial intelligence (AI) in a bid to ensure responsible and ethical development. The announcement has garnered considerable attention from local tech leaders who have shared their perspectives on AI's potential impact.
The Justice Department has issued a subpoena targeting the Trump Organization for documents related to the Saudi-backed LIV golf tour, which former President Donald Trump hosted twice in 2022 and is set to host again in 2023. This development comes as federal prosecutors investigate potential mishandling of classified documents at his Florida estate, Mar-a-Lago.
South Shore residents gathered Thursday night to protest Mayor Lori Lightfoot's proposal to house migrants in their neighborhood. This comes as hundreds of asylum-seeking migrants have made their way to Chicago in recent weeks, prompting the city to establish temporary "respite centers" for them at public facilities such as Chicago Park District field houses and a closed Streeterville hotel off the Magnificent Mile.
Rep. Marjorie Taylor Greene (R-GA) claims to have damning evidence of Hunter Biden's alleged involvement in a sex trafficking scheme, citing bank statements and SARS reports that show the transfer of money between Hunter Biden and prostitutes. According to Greene, the women are from Russia and Ukraine – countries she alleges President Joe Biden has funneled money to.
A recent report in The Washington Post disclosed that conservative legal activist Leonard Leo arranged payments amounting to tens of thousands of dollars for Virginia "Ginni" Thomas, the wife of Supreme Court Justice Clarence Thomas. In 2012, Leo directed GOP pollster Kellyanne Conway to bill a nonprofit organization called the Judicial Education Project and pay Ginni Thomas $25,000.
In the aftermath of Beto O'Rourke's viral speeches, Democrats are looking to target Republican Senator Ted Cruz of Texas in the 2024 Senate race. With Democrats nervous about holding on to their slim Senate majority in 2024, national Democratic groups may be slow to invest in the Lone Star State, and a number of factors, including Cruz’s polarizing reputation, means the race could once again draw big money.
The recent collapse of Silicon Valley Bank, Signature Bank, and First Republic Bank has shaken the confidence in the regional banking system. In response to this crisis, PacWest's core deposits have increased to $28 billion since March.
In a remarkable turn of events, shares of Carvana Co. (CVNA) surged over 25% in after-hours trading on May 4 following the release of their first-quarter earnings report, which revealed a narrower-than-expected loss.
At the White House on Thursday, technology executives were told to protect the public from potential risks associated with artificial intelligence (AI). The move has sparked renewed debate over the role of AI in society.
Milwaukee-based advertising agency, The Weaponry, has seen significant growth in recent years under the leadership of its founder and CEO, Adam Albrecht. While managing this successful business venture, Mr. Albrecht has also found time to share his insights on life lessons through his personal blog.