business news

Biden says he will visit Florida this weekend to survey Idalia damage: ‘Our nation has your back’

WASHINGTON — President Joe Biden made a surprise trip to the Federal Emergency Management Agency headquarters Thursday, where he announced…

Taylor Swift, Beyoncé and ‘Barbenheimer’ are lifting consumer spending this quarter. But Morgan Stanley says it may not last

Consumer spending may not be out of the woods. Real spending is expected to come in 1.9% higher in the…

Biden says he’s ‘forever grateful’ to forces in Afghanistan on two-year anniversary of exit

WASHINGTON — The Biden administration acknowledged on Thursday the two-year anniversary of Afghanistan’s fall to the Taliban, a somber milestone following a…

Sixth Street — which manages more than $70 billion — is betting big on sports teams and live events

(Click here to subscribe to the Delivering Alpha newsletter.) “It’s very difficult to buy a sports team and lose money,” Carlyle Co-Founder…

The IPO downturn is in the 7th inning and a real pickup could arrive soon, Sixth Street CEO says

The drought in the IPO market could be near an end, according to a big investor overseeing more than $70…

McConnell suffering ‘occasional lightheadedness’ but is clear to keep working after freezing up in press conference, his doctor says

Senate Minority Leader Mitch McConnell is “medically clear” to continue working, the attending physician for the U.S. Congress said one…

Trump asks to sever Georgia election case from co-defendants seeking speedy trial

Former President Donald Trump is seeking to sever his criminal election interference case in Georgia from any of his 18…

Giuliani loses support of billionaires Langone, Cooperman: ‘I wouldn’t give him a nickel’

Former New York City Mayor Rudy Giuliani will not be getting help with his legal bills from many of the…

Stocks making the biggest moves midday: Tilray, Salesforce, CrowdStrike, Dollar General and more

Check out the companies making headlines in midday trading. Salesforce — The cloud software company saw its stock jump 3%…

Clarence Thomas Supreme Court financial disclosure shows flights paid for by GOP megadonor

Supreme Court Justice Clarence Thomas said Republican megadonor Harlan Crow paid for his travel expenses and meals on at least…