Latest in U.s Rivalry
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Under Trump or Harris, U.S. Asylum Curbs Are Likely to Endure
As administrations of both parties have failed to overhaul the nation’s immigration laws, a reckoning for the asylum system, which some say is overdue, seems inevitable.Top stories - The New York Times - October 28 -
New details on China's alleged efforts to interfere in U.S. politics
The Washington Post is reporting that a group of hackers linked to the Chinese government collected audio recordings from phone calls of American political figures, including an unnamed Donald ...Top stories - CBS News - October 28 -
The biggest U.S. homebuilder misses on earnings as it says buyers are staying on the sidelines
D.R. Horton, the largest U.S. homebuilder by market cap, on Tuesday reported earnings well below estimates as it said interest rates were keeping buyers on the sidelines and forcing the company to ...Business - MarketWatch - October 29 -
McDonald's reverses U.S. same-store sales declines in the third quarter, but E. coli fallout looms
Shares of McDonald's have fallen 6% since its Quarter Pounder burgers were linked to a deadly E. coli outbreak.Business - CNBC - October 29 -
Israeli strike in northern Gaza kills dozens, officials there say
An Israeli strike on a five-story building where displaced Palestinians were sheltering in the northern Gaza Strip killed at least 60 people, Gaza's Hamas-run Health Ministry said.Top stories - CBS News - October 29 -
Here are the 5 most important U.S. economic issues for voters
Americans say the economy is the most pressing issue as they prepare to cast their ballots on November 5, including these five key issues.Top stories - CBS News - October 29 -
Biden to unveil $3 billion investment in U.S. ports in Baltimore
President Biden will announce initiative to modernize ports across the U.S. and improve working conditions for dockworkers.Top stories - CBS News - October 29 -
Job openings in the U.S. fall to the lowest level in 3½ years
U.S. job openings fell in September to a three-and-a-half year low as as the demand for labor ebbed and businesses waited for the economy to speed up.Business - MarketWatch - October 29 -
U.S. consumer confidence surges in October to highest level in nine months
The U.S. consumer-confidence index surged to 108.7 in October from a revised 99.2 reading in the prior month, the Conference Board said Tuesday. This is highest level of confidence since January.Business - MarketWatch - October 29 -
10,000 North Korean troops are now deployed to Russia, U.S. confirms
The United States has confirmed that 10,000 North Korean troops are now in Russia and could be used to bolster Moscow's forces near Ukraine in the coming weeks. NATO Secretary-General Mark Rutte ...Top stories - CBS News - October 29 -
Here’s Why People Feel Like a Strong U.S. Economy Is Passing Them By
Many people feel they aren’t getting their share of strong economic expansion—and that isn’t always a disconnect from reality, according to new research.Business - Inc. - October 29 -
U.S. crude oil edges lower after worst day in two years
Goldman expects Brent prices to recover to $77 per barrel in the fourth quarter.Business - CNBC - October 29 -
A big pandemic-era IOU is coming due after the U.S. election
Major U.S. companies will need to refinance some $250 billion in low-coupon bonds issued in 2020. Tax policy is up for grabs in the election.Business - MarketWatch - October 29 -
Biden Announces $3 Billion to Cut Carbon Emissions at U.S. Ports
On a visit to Baltimore, the president said federal grants would help upgrade port infrastructure at 55 sites nationwide.Business - Inc. - October 29 -
What to know about recall concerns, U.S food safety
Concerns are growing over food safety in the U.S. after recent food recalls stemming from E. coli and listeria outbreaks. Keith Schneider, a food safety professor at the University of Florida, ...Top stories - CBS News - October 29 -
With Dreams of a Lunar Outpost, China Takes New Risks in Space Race With U.S.
China put its space ambitions on display before dawn on Wednesday as it blasted three astronauts into orbit from a remote desert launch center.World - The Wall Street Journal - October 29 -
U.S. Questions Israel After ‘Horrifying’ Strike in Northern Gaza Kills Dozens
Matt Miller, a U.S. State Department spokesman, said the Biden administration had contacted the Israeli government to ask about what he called a “horrifying incident.” At least 55 people were ...World - The New York Times - October 30 -
Europe prepares for 'America First' push no matter who wins the U.S. election
Trump's first tenure at the White House was a challenging time for some European leaders.Business - CNBC - October 30 -
UBS smashes forecasts with bumper profit, warns of volatility around U.S. elections
The Swiss bank’s profits were boosted by the ongoing integration of wealth management accounts previously run by its main rival Credit SuisseBusiness - MarketWatch - October 30 -
10-, 30-year Treasury yields drop again after GDP data opens door to Q4 slowdown
Yields on long-dated Treasurys closed lower on Wednesday after a weaker-than-expected reading on third-quarter U.S. economic growth gave way to the possibility of another slowdown in the final ...Business - MarketWatch - October 30 -
U.S. election won't be an 'uneventful event' for global markets, UBS chief says
Ermotti forecasts "market movements" will take place in the wake of the upcoming U.S. elections, no matter who wins leadership of the world's largest economy.Business - CNBC - October 30 -
U.K. to lift minimum wage to $15.84 an hour. Here’s how it compares to the U.S.
The U.K.’s chancellor of the exchequer confirmed the government will lift the U.K.’s national minimum wage by 6.7% in April 2025 to hourly rates of £12.21 ($15.84)Business - MarketWatch - October 30 -
U.S. economy grew at a 2.8% pace in the third quarter, less than expected
Gross domestic product was expected to increase at a 3.1% annualized pace in the third quarter.Business - CNBC - October 30 -
U.S. economy grew 2.8% last quarter, powered by consumer spending
Consumer confidence soared in October, signaling that Americans may continue to open their wallets.Top stories - CBS News - October 30 -
The U.S. economy grew at a 2.8% pace in the third quarter, less than expected
The U.S. economy posted another solid though slightly disappointing period of growth in the third quarter, propelled higher by strong consumer spending that has defied expectations for a slowdown.Top stories - NBC News - October 30 -
U.S. Economy Grew at a Solid 2.8 Percent Pace Last Quarter
Consumer spending powered gains despite still-high interest rates, indicating healthy, reslilient conditions.Business - Inc. - October 30 -
Here’s Why U.S. Consumer Confidence is Climbing Ahead of Election Day
The Conference Board’s monthly report says its index notched the largest gain since March 2021.Business - Inc. - October 30 -
Starbucks will discontinue Oleato olive oil drinks at U.S. cafes in early November
New CEO Brian Niccol has pledged to simplify the Starbucks menu.Business - CNBC - October 30