The Justice Department has opened a criminal investigation into whether E. Jean Carroll committed perjury in testimony during her lawsuits tied to sexual abuse allegations against President Donald Trump, according to a source familiar with the matter. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Carroll, a former…
Beirut had until now largely been spared even as both Israel and Hezbollah accused each other of breaking last month’s ceasefire. Source link
Israel-based web development company Wix is slashing roughly 20% of its workforce, CEO Avishai Abrahami announced in a post on X early Thursday morning, citing the “fast evolution of AI capabilities” and difficulties around currency exchange rates. “We have witnessed the most significant shift in how companies are built since the invention of modern programming…
Shoppers walk in front of a Kohl’s store in Mount Kisco, New York. Scott Mlyn | CNBC Kohl’s stock jumped more than 15% in premarket trading Thursday after the retailer reported its best comparable sales performance in four years. CEO Michael Bender told CNBC the quarter marked the company “knocking on the door of growth.”…
Chinese proverb of the day (Image: AI-generated) Some proverbs survive for generations because they contain advice people can apply directly to life. Others survive because they quietly challenge human behaviour in ways that still feel uncomfortable centuries later. This Chinese proverb seems to do both at once. The wording feels romantic at first, though there…
Recent polling captures some of the queasiness farmers are feeling. A Fox News survey this month found that 68% of white rural voters disapproved of Trump’s handling of the economy, compared with 32% who approved. Back in January, white rural voters approved of his economic stewardship by 52%-47%. In a prepared statement, White House spokesperson…
The case centres on whether the former columnist lied about the funding she received for her civil lawsuit against the US president. Source link
A customer shops at Handy Market on May 14, 2026 in Burbank, California. Justin Sullivan | Getty Images Inflation continued to hit consumer wallets in April, likely keeping the Federal Reserve on the sidelines until the current wave subsides, fresh pricing data released Thursday showed. The personal consumption expenditures price index increased a seasonally adjusted…
Financial pressures pushed more savers to tap their retirement accounts in the first part of 2026, new data shows — potentially locking in losses during the early weeks of the Iran war. Amid severe market volatility earlier this year, the average 401(k) balance fell by 4% to $141,000, according to first-quarter data released Thursday from Fidelity Investments, the…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. If you’re attending CNBC Pro Live tonight at the Nasdaq MarketSite, look out for me at the cocktail hour. Stock futures are lower this morning after all three major averages eked out gains yesterday. Here are five key things investors…