Where support for American democracy is the most wobbly
One of the central arguments being made by President Biden as the presidential election nears is that American democracy hangs in the balance. The idea that Donald Trump poses a…
Supreme Court would allow emergency abortions in Idaho, Bloomberg reports
The Supreme Court would allow emergency abortion care in Idaho for now despite the state’s restrictions on the procedure, according to Bloomberg Law, which viewed a copy of a not-yet-released…
Supreme Court ruling on Indiana mayor is latest to weaken corruption laws
The Supreme Court vacated the bribery conviction of a former Indiana mayor Wednesday, a decision that continues a recent trend by the justices to narrow the scope of corruption laws…
Biden border restrictions bring sharp drop in illegal crossings
McALLEN, Tex. — The number of migrants crossing the U.S. southern border illegally has dropped more than 40 percent in the three weeks since President Biden announced broad restrictions on…
Supreme Court allows White House contacts with social media firms
The Supreme Court on Wednesday rejected a Republican-led effort to sharply restrict White House officials and other federal employees from pressuring social media companies to remove posts from their platforms…
Inflation vs. wages: How rising prices stack up against growing pay
It’s a key question on voters’ minds heading into Thursday night’s presidential debate: How far does my dollar go in 2024? The short answer: further than they might think. Since…
Amazon plans to launch discount store in bid to fend off Temu and Shein
Amazon plans to launch a new section on its site dedicated to low-priced fashion and lifestyle items that will allow Chinese sellers to ship directly to U.S. consumers, CNBC has learned.…
Rivian secures up to $5 billion from Volkswagen; shares soar 40%
Volkswagen plans to invest up to $5 billion in electric vehicle startup Rivian, starting with an initial investment of $1 billion. The additional $4 billion is expected by 2026. It includes plans…
The ‘funflation’ effect: Why Americans are spending on travel and entertainment
Even while carrying $1.13 trillion in credit card debt, many Americans are still willing to splurge on travel and entertainment. But this summer it will cost even more thanks to “funflation,” a term…
Amazon reaches $2 trillion market cap for the first time
Amazon shares climbed more than 3% in intraday trading on Wednesday, pushing the company’s market cap past $2 trillion for the first time. In crossing the milestone, Amazon join Nvidia, Apple,…