Nayib Bukele, El Salvador’s president, delivers a speech to Congress at the Legislative Assembly building in San Salvador, El Salvador, on Tuesday, June 1, 2021. Photographer: Camilo Freedman/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images El Salvador’s President Nayib Bukele has sent a law to the country’s congress […]
CNBC News
These are the world’s most livable cities in 2021
A general nighttime view of the Auckland skyline as seen from the new Park Hyatt hotel in the Viaduct Basin area of the city on May 16, 2021 in Auckland, New Zealand. James D. Morgan | Getty Images News | Getty Images As the world continues to grapple with the […]
Tesla’s China sales struggle to bounce back from an April slump
Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020. Aly Song | Reuters BEIJING — Tesla‘s sales in China rose in May from the prior month, but failed to recover levels seen in March, according to the China Passenger […]
Senate passes $250 billion bipartisan tech and manufacturing bill aimed at countering China
Employees work on the production line of silicon wafer at a workshop of Jiejie Semiconductor Co., Ltd on March 17, 2021 in Nantong, Jiangsu Province of China. Xu Congjun | Visual China Group | Getty Images The Senate on Tuesday passed one of the largest industrial bills in U.S. history […]
Bitcoin falls after U.S. seizes most of Colonial ransom
A banner with the logo of bitcoin is seen during the crypto-currency conference Bitcoin 2021 Convention at the Mana Convention Center in Miami, Florida, on June 4, 2021. Marco Bello | AFP | Getty Images Bitcoin’s price slipped again Tuesday amid a brutal sell-off among digital currencies. The reason for […]
Thor Industries racks up $14 billion order backlog amid sustained RV demand
Even as Covid restrictions lift, RV-maker Thor Industries is seeing sustained demand for outdoor living — and a growing order backlog, CEO Bob Martin told CNBC Tuesday. Thor’s backlog was worth $14.32 billion as of late April, the company said in its fiscal third-quarter report out Tuesday. That’s up 32.5% […]
Wall Street Bets targets Wendy’s with new stock buying strategy, Jim Cramer says
CNBC’s Jim Cramer on Tuesday said the Wall Street Bets investing crowd is flexing its muscle on analysts after the online investing group sparked an unsuspecting rally in Wendy’s shares. The stock surged to a record after catching an endorsement in the popular Reddit forum responsible for big moves in […]
Capitol rioter Ashli Babbitt’s family sues for records on officer who fatally shot her
Tear gas is released into a crowd of protesters during clashes with Capitol police at a rally to contest the certification of the 2020 U.S. presidential election results by the U.S. Congress, at the U.S. Capitol Building in Washington, January 6, 2021. Shannon Stapleton | Reuters The family of Capitol […]
The FBI likely exploited sloppy password storage to seize Colonial Pipeline bitcoin ransom
The seal of the F.B.I. hangs in the Flag Room at the bureau’s headquarters. Chip Somodevilla | Getty Images The FBI’s breach of a bitcoin wallet held by the cyber criminals who attacked Colonial Pipeline is all about sloppy storage, and not a reflection of a security vulnerability in the […]
Stock futures are flat as S&P 500 remains range-bound near record
Traders work on the floor of the New York Stock Exchange. NYSE Stock futures were flat in overnight trading on Tuesday after Wall Street appeared range-bound near its record levels. Futures on the Dow Jones Industrial Average were little changed. S&P 500 futures and Nasdaq 100 futures also held steady. […]