Walmart says it has received nearly $3 billion in tariff refunds — and used some of that windfall to cut prices for consumers strained by inflation. The refunds helped boost Walmart’s profit, according to the company’s quarterly earnings report Thursday. “Customers tell us they’re still feeling some pressure,” said Walmart CEO John Furner. “Having the…
The two French journalists detained in Togo since last month have been charged with “false declarations” despite having the correct documents to work there, Reporters Without Borders (RSF) has said. Gaël Mocaër and Sebastian Perez Pezzani had been filming a documentary in Kara, northern Togo, for France Télévisions when they were arrested on 27 July,…
Treasury Secretary Scott Bessent told CNBC on Thursday that an accelerated buyback of government debt could be higher than the announced $4 billion. This is breaking news. Please refresh for updates. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news. Source link
California Attorney General Rob Bonta told CNBC’s David Faber on Thursday that the group of states suing to block Paramount Skydance’s acquisition of Warner Bros. Discovery would require “robust structural remedies” to reach a settlement in the antitrust case. “[Paramount] wanted to talk about everything except for what this case is about. They want to…
In an aerial view, the Decker Creek Power Station is seen on July 28, 2026 in Austin, Texas. Brandon Bell | Getty Images During a brainstorming session earlier this summer, a group of comedians and employees at beverage company Liquid Death kicked around an idea for a brazen new advertising campaign that would humorously shed…
Fantasy, mythology and folklore-inspired names can give a child’s name an added layer of meaning. Whether connected to ancient mythology, Arthurian legend, Welsh tradition or classic literature, each name carries a story that has survived across generations. For parents searching for something elegant, distinctive and filled with imagination, these names offer a beautiful place to…
Bond yields jumped Thursday, erasing the declines stemming from of the Treasury Department’s unusual intervention in the debt market a day earlier. In early trading, the 10-year Treasury bond yield rose as high as 4.71%, its highest level since Tuesday. The 30-year yield spiked to as high as 5.267%, rising just above the level yields…
Lebanon has handed Syria a former general who served under the ousted regime of Bashar al-Assad, in the first extradition of its kind since his government fell. Maj Gen Adel Issa, 67, is accused of a raft of crimes allegedly committed during the Syrian civil war, which ended in December 2024 when rebel forces took…
The U.S. Treasury Department issued proposed guidance on eligible Trump Account investments Thursday, establishing a framework for what products could qualify as additional investment options going forward. The new tax-deferred investing accounts for children, also known as 530A accounts, are designed to jump-start long-term savings. Under the proposed guidance, an eligible index must be designed primarily to…
D3sign | Moment | Getty Images Bitcoin is trading at its highest levels since June thanks largely to a last-ditch push from the White House and crypto industry leaders to get the Clarity Act across the finish line in the coming weeks. The price of bitcoin rose more than 5% on Thursday to just below…