Author: usaeverydaylife

Serena Williams of the US hits a return against Venus Williams of the US during the women’s singles final on day 13 of the Australian Open tennis tournament in Melbourne on January 28, 2017. Greg Wood | Afp | Getty ImagesBERLIN — It was an impressive enough sporting feat when Serena Williams won a record 23rd Grand Slam singles title at the 2017 Australian Open, beating her sister Venus in the final. Soon after came a revelation: she had been pregnant at the time.”I don’t know how I did that, honestly,” Williams said at an event Wednesday, selecting the moment…

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HONG KONG, CHINA – 2024/06/07: Pedestrians walk past the American multinational investment bank, Citibank or Citi, branch in Hong Kong.  Sebastian Ng | Lightrocket | Getty ImagesCitigroup said Thursday it plans to cut around 3,500 technology positions in China, in the latest move by a major U.S. bank aimed at streamlining global operations and reduce costs.The reduction of staff at the China Citi Solution Centers in Shanghai and Dalian is expected to be completed by the start of the fourth quarter this year, Citi said in a statement.The jobs affected are mostly in the information technology services unit, providing software technology…

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The flags of the U.S. and Germany are on the table at a bilateral meeting between German Economics Minister Habeck and U.S. Secretary of State Blinken at a hotel on the Gendarmenmarkt. Photo: Christoph Soeder/dpa (Photo by Christoph Soeder/picture alliance via Getty Images)Christoph Soeder/dpa | Picture Alliance | Getty ImagesGerman Chancellor Friedrich Merz is set to meet U.S. President Donald Trump on Thursday, with much to discuss at a time of trade disputes and ongoing war in Europe.During both of his presidential terms, Trump has triggered tensions between long-standing allies U.S. and the European Union.”The tone is as rough as…

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Shoppers and visitors out on Oxford Street on 4th May 2025 in London, United Kingdom. Mike Kemp | In Pictures | Getty ImagesA car tax data calculation error caused the U.K.’s inflation rate to be overstated by 0.1 percentage points for the year to April, the Office for National Statistics (ONS) said on Thursday.The ONS had initially said last month that the U.K.’s annual rate hit 3.5% in April, coming in above analyst expectations. On Thursday, the statistics body released revised data, showing the country’s consumer price index rose instead by a lower 3.4% in the 12 months to April.The…

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Apparently, convincing your friends to sell chicken can pay off — big.At 24, Arman Oganesyan was making $50 a night as a stand-up comedian with no restaurant or business experience when he pitched the idea of selling Nashville hot chicken to his childhood friends Dave Kopushyan and Tommy Rubenyan. Pooling $900 in savings, they launched Dave’s Hot Chicken in 2017 as a pop-up in a Los Angeles parking lot.On Monday, private equity firm Roark Capital bought a majority stake in Dave’s Hot Chicken, which is now a franchise business with more than 300 locations, in a deal worth “pretty close”…

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A worker checks a finished vehicle on the production line for electric vehicle maker Zeekr at its factory on May 29, 2025 in Ningbo, China. Kevin Frayer | Getty Images News | Getty ImagesBEIJING — Chinese regulators aren’t pleased about the price war brewing in its automotive sector, but industry players and analysts only see the competition heating up.”A certain automaker has taken the lead in launching significant price cuts and many companies have followed suit, triggering a new round of ‘price war’ panic,” the China Association of Automobile Manufacturers said in a Chinese-language statement Saturday, translated by CNBC.The government-linked…

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U.S. Treasury yields stabilized on Thursday after sharp declines notched Wednesday on the back of a slate of disappointing U.S. data.The 2-year yield rose less than 1 basis point to 3.885% at 3:26 a.m. EST, with the 10-year Treasury yield also up by less than 1 basis point at 4.371%. The 30-year long bond yield held steady at 4.89%.One basis point equals 0.01%. Yields and prices move inversely in the bond market.Investors will be keeping an eye out on April trade data and on the latest initial jobless claims print coming out later on Thursday, after a set of weak indicators sent Treasury…

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Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: The S & P 500 was hanging on to slight gains in what would be a third straight winning session. Declining bond yields following Wednesday morning’s much weaker-than-expected private-sector jobs report helped support stocks. The ADP’s monthly look at hiring trends at U.S. companies showed May additions of just 37,000 positions . That was the lowest total from ADP in more than two years. Jim Cramer said earlier Wednesday that if the…

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The Wise logo displayed on a smartphone screen.Pavlo Gonchar | SOPA Images | LightRocket via Getty ImagesBritish money transfer firm Wise on Thursday said that it plans to move its primary listing location to the U.S., dealing a fresh blow to the London stock exchange.Wise said in its full-year earnings statement that it will move to a dual listing, with its main listing hub shifting to the U.S. while maintaining a secondary listing in London.”This would allow Wise’s shares to trade on both a US stock exchange and the LSE,” Wise said in its earnings announcement.Wise debuted on London’s stock…

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British fintech Wise to move primary listing to the U.S. in blow to London stock exchangeThe Wise logo displayed on a smartphone screen.Pavlo Gonchar | SOPA Images | LightRocket via Getty ImagesBritish money transfer firm Wise on Thursday said that it plans to move its primary listing location to the U.S., dealing a fresh blow to the London stock exchange.Wise said in its full-year earnings statement that it will move to a dual listing, with its main listing hub shifting to the U.S. while maintaining a secondary listing in London.”This would allow Wise’s shares to trade on both a US…

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