Author: usaeverydaylife

A Tesla robotaxi drives on the street along South Congress Avenue in Austin, Texas, on June 22, 2025Joel Angel Juarez | ReutersTesla was contacted by the National Highway Traffic Safety Administration on Monday after videos posted on social media showed the company’s robotaxis driving in a chaotic manner on public roads in Austin, Texas.Elon Musk’s electric vehicle maker debuted autonomous trips in Austin on Sunday, opening the service to a limited number of riders by invitation only.In videos shared widely on social media, one Tesla robotaxi was spotted traveling the wrong way down a road, and another was shown braking hard in the…

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Traders work at the New York Stock Exchange on June 23, 2025.NYSEStock futures rose on Monday night after President Donald Trump said that there is a ceasefire timeline for Israel and Iran.Futures tied to the Dow Jones Industrial Average added 134 points, or 0.3%. S&P 500 futures gained 0.4%, while Nasdaq 100 futures rose 0.6%. Stock futures took a leg higher after President Donald Trump announced on Truth Social a ceasefire timeline that he said would end the conflict between Iran and Israel.The three major averages rose in the regular session as investors appeared to look past Iran’s retaliatory strike…

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Defense stocks moved higher again on Monday as investors reacted to the continued escalation of the conflict in the Middle East, which brings with it the potential for long-term changes in military spending. Bernstein analyst Douglas Harned said in a note to clients that this could prove to be an inflection point for the defense sector but it is still too soon to tell. “Events such as this have historically led to significant changes in defense spending and for the trajectory of defense stocks. But, the ultimate paths for the geopolitical environment and scale of military threats determine the outcome,”…

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Mustafa Hatipoglu | Anadolu | Getty ImagesMeta spoke with artificial intelligence startup Runway about a potential takeover ahead of its multibillion-dollar investment in Scale AI, CNBC confirmed on Monday.Runway is best known for its AI video generation tools and earned a spot on CNBC’s Disruptor 50 list earlier this month. The deal talks between Meta and Runway did not progress far and dissolved, according to a person familiar with the matter who asked not to be named due to the confidential nature of the discussions.Bloomberg earlier reported the talks. Meta declined to comment.Meta CEO Mark Zuckerberg has been aggressively pushing…

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One of two documented immigrants with prior convictions detained by U.S. Immigrations and Customs (ICE) Homeland Security Investigations (HSI) agents, walks towards a vehicle, at a Home Depot parking lot in Tucson, Arizona, U.S., January 26, 2025. Rebecca Noble | ReutersThe Supreme Court on Monday allowed the Trump administration to resume quick deportations of certain immigrants to countries other than their own without advance warning, and the chance to challenge them on the grounds that they might end up being tortured or killed.The court lifted an injunction issued in April by a federal District Court judge in Massachusetts that blocked the…

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The market’s mild reaction to the U.S.’ bombing of Iran over the weekend isn’t all that unexpected, according to investor Tom Lee. The major averages were mostly steady on Monday, even after the U.S. entered Israel’s war against Iran by striking three Iranian nuclear sites. Stocks were last trading around the flatline. Oil prices were also lower for part of the session but remained well below the highs reached overnight. “In some ways, it’s not a surprise,” the co-founder and head of research at Fundstrat Global Advisors said on CNBC’s ” Squawk on the Street .” Lee cited longtime New…

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Fanatics logo is seen on the dugout wall before the game between the Pittsburgh Pirates and the Milwaukee Brewers at PNC Park on July 3, 2022 in Pittsburgh, Pennsylvania. (Photo by Justin Berl/Getty Images)Justin Berl | Getty ImagesSports merchandising giant Fanatics is aiming to build a training camp for athletes to prepare them for life off the field. More than two dozen NBA, NFL and NHL players participated in the company’s Athlete Immersion Program this past weekend as part of Fanatics Fest in New York City. The program included three days of workshops on business, entrepreneurship, tech and more. “This…

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