People move through a crowded JFK International Airport days before the 4th of July holiday on July 02, 2024 in New York City. As the summer travel season takes off, millions of Americans and tourists are experiencing long delays and congestion at airports, train stations and on highways. July is the busiest month of travel in the U.S.Spencer Platt | Getty Images News | Getty ImagesMaking money in the summer is not as easy as it used to be for airlines.Airlines have drawn down their schedules in August for a variety of reasons. Some travelers are opting to fly earlier,…
Author: usaeverydaylife
Russian President Vladimir Putin meets with the media at his campaign headquarters in Moscow on March 18, 2024. Natalia Kolesnikova | Afp | Getty ImagesRussian media outlets were in high spirits on Friday as Kremlin leader Vladimir Putin headed to meet U.S. President Donald Trump for an Alaskan summit widely presented as a win for Moscow, its economy and global standing.Articles and commentary were splashed across Russian state news sites on Friday reveling in the global attention that Putin’s historic trip to the U.S. was garnering, with positive takes on what the high-stakes talks — centered on ending the war in…
A cargo ship full of shipping containers departs the port of Oakland at the San Francisco Bay, California, U.S., August 4, 2025. Carlos Barria | CbWith both the producer price index and the consumer price index still showing accelerations, consumers may be wondering why the price of goods across the board isn’t increasing more.But logistics experts are warning that those higher prices are currently hiding in “the middle mile,” otherwise known as warehouses and distribution centers, and are yet to come.The Trump administration’s back-and-forth on tariffs has had U.S. importers scrambling to pull forward their freight to mitigate those rates,…
A program that lets Americans save time in airport security lines is opening to foreign travelers from four countries.Clear, a NYSE-listed identity company, announced Friday that travelers from the United Kingdom, Canada, Australia and New Zealand can apply for Clear+ memberships.More countries will likely be announced later this year, the company said.Clear+ members have their identities verified in via separate lanes at 59 U.S. airports. Verifications are performed using eye, finger or facial biometrics, rather than manual analysis.Candy Buchanan, a Clear+ member based in California, said the lanes are shorter and her identity is verified “within seconds.”Travelers can enroll themselves…
Nvidia secured what was seen as a major win last month when the U.S. government announced it would allow it to resume sales of its made-for-China H20 chip. But it has since become clear that Beijing wont be rolling out the red carpet. Despite the U.S. softening on chip export controls — which Beijing has long opposed — Nvidia is being welcomed back under increased distrust and scrutiny. On Tuesday, Bloomberg reported that China had urged companies against using Nvidia’s H20 chips, or those from Advanced Micro Devices , especially for government and national security use cases, citing sources familiar…
Jose Luis Pelaez Inc | Digitalvision | Getty ImagesData suggests the U.S. economy may be in a precarious spot — and investors may be wise not to take outsized risks with their portfolios for fear of steep losses, experts said.”This is not the environment to be a hero in,” Callie Cox, chief market strategist at Ritholtz Wealth Management, wrote this month in a newsletter.In other words: Stick to your long-term investment plan, including an appropriate asset allocation and time frame to reach your goals, experts said. Avoid the temptation to funnel a big chunk of money into high-flying shiny objects…
Lip-Bu Tan, CEO of Intel, departs the White House in Washington, DC, U.S., on Monday, Aug. 11, 2025. Alex Wroblewski | Bloomberg | Getty Images Don’t mix business with pleasure — or the music of the spheres might eject you from the skies even if you are an astronomer — but it seems, in the current milieu, there are no such restrictions between business and politics.U.S. President Donald Trump’s administration is eyeing a stake in struggling chipmaker Intel, according to a Bloomberg report on Thursday. That consideration is primarily attributable to Intel’s status as the only born-and-bred American company that…
(These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator) A scorching wholesale-inflation report for July forces a short detour on the path to the sure-thing Fed rate cut next month that markets have been fixated on in recent days. While the internal details of the PPI report were noisy and not entirely indicative of a tariff-driven inflation reacceleration, Treasury yields rebounded sharply and the sectors of the market that had been celebrating easier Fed policy since Tuesday’s mild CPI reading have disgorged gains: Russell 2000 down more than 1.5%, consumer cyclicals shedding more than…
Russia’s President Vladimir Putin shakes hands with U.S. President Donald Trump during a meeting at the G20 summit in Osaka, Japan June 28, 2019.Mikhail Klimentyev | Kremlin | Sputnik | ReutersWhen Russian President Vladimir Putin travels to meet U.S. President Donald Trump in Alaska on Friday for talks on ending the war in Ukraine, it’ll be one of the most high profile summits of the year, and there’s a lot at stake.Veteran statesman Putin is likely to be aiming to extract as many concessions and benefits for Russia as he can in return for a ceasefire that’s coveted by Trump.Close…
Il21 | Istock | Getty ImagesSpending pressures are dividing beer drinking habits, further clouding the outlook for brewers already battling declining sales volumes.Drinkers are increasingly bypassing once-loved core beer brands and instead opting for premium or economy alternatives, Danish brewer Carlsberg said Thursday, as beermakers confront wider pressures on the drinks sector.”We do see a continued bifurcation in terms of preferences,” CEO Aarup-Andersen told CNBC’s “Squawk Box Europe” on Thursday.”People look either for the premium brand or the economy brand. So what will get squeezed a little bit in an environment like this is actually the core brands in the…
