Apple CEO Tim Cook speaks during the Apple Worldwide Developers Conference (WWDC) on June 09, 2025 in Cupertino, California. Justin Sullivan | Getty Images News | Getty ImagesApple’s annual developer conference on Monday lacked the splashy announcement that fans are used to seeing at WWDC. There was nothing like the Vision Pro reveal from 2023 or the Apple Intelligence announcement last year.But there was an important software update that, later this year, will change the way all of Apple’s major devices, from iPhones and Mac laptops to Vision Pro virtual reality headsets, will look. It’s a new design language that…
Author: usaeverydaylife
Chinese beverage chains are redefining coffee culture in the country — and now they’re trying to win over customers in the U.S. and beyond.Luckin Coffee, China’s largest coffee chain, has expanded aggressively in China and overtaken Starbucks on the mainland, with more than twice as many outlets.Following an accounting fraud scandal that got the company delisted from the Nasdaq in 2020, Luckin has staged an unlikely comeback with quirky flavors and steep discounts — as low as $1.40 per cup during an earlier price war with rival Cotti Coffee.The Wall Street debacle hasn’t dampened Luckin’s ambitions in the U.S., where it still trades…
Carter Worth, Worth Charting, joins ‘Fast Money’ to talk if its time to fade Microsoft. Source link
CNBC’s Jim Cramer on Monday examined Circle Internet, a stablecoin issuer that made a splash during its market debut last week, saying he’d wait to buy the stock until it has retreated from recent highs.”Circle Internet Group’s a solid company, but the stock, right now, has gotten too hot for me. I can’t recommend it up here,” he said. “Why don’t you let it cool off before you even think about pulling the trigger.”Circle Internet founded USDC, a dollar-pegged stablecoin meant to act as fiat money on the internet. USDC is the second-largest stablecoin on the market behind Tether’s USDT.…
The final trades of the day with CNBC’s Melissa Lee and the Fast Money traders. Source link
The S & P 500 ticked higher on Monday and continues to chip away at the gap to a new record high. Several events in the days ahead could prove to be the catalyst that vaults it over the top. The index is now about 2% below its record closing high of 6,144.15, set on Feb. 19. With the S & P 500 already seeing six days this year with a gain of at least 2%, the gap could be closed in one quick rally. .SPX YTD mountain The S & P 500 is about 2% below its record high…
Signage is seen at the 2019 Deadline Contenders Hulu Reception at Paramount Theater on the Paramount Studios lot on April 07, 2019 in Hollywood, California.Rachel Murray | Getty ImagesDisney has agreed to pay Comcast $438.7 million for its stake in the streaming service Hulu, concluding a years-long appraisal process.In 2023 Disney announced it intended to buy Comcast’s 33% stake in Hulu. At the time, Disney paid $8.6 billion, which reflected Hulu’s guaranteed minimum value of $27.5 billion. The two companies had agreed on that floor in 2019.Disney’s announcement came as no surprise as it was widely reported by CNBC and…
U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. testifies before the Senate Committee on Appropriations hearing on the Department of Health and Human Services budget, on Capitol Hill in Washington, D.C., U.S., May 20, 2025. Ken Cedeno | ReutersHealth and Human Services Secretary Robert F. Kennedy Jr. on Monday said he is “retiring” all 17 members of a crucial government panel of vaccine advisors, a shocking step that could help to sow doubts about immunizations in the U.S.”A clean sweep is needed to re-establish public confidence in vaccine science,” Kennedy said in an opinion piece in the…
Signage is seen at the United States Department of Justice headquarters in Washington, D.C., August 29, 2020.Andrew Kelly | ReutersFederal prosecutors in Brooklyn have charged the founder of a U.S.-based cryptocurrency payments firm with operating what they allege was a sophisticated international money laundering scheme that moved over half a billion dollars on behalf of sanctioned Russian banks and other entities.Iurii Gugnin, a 38-year-old Russian national living in Manhattan, was arrested and arraigned Monday and ordered held without bail pending trial. Gugnin faces a 22-count indictment accusing him of wire and bank fraud, violating U.S. sanctions and export controls, money…
Alexander Spatari | Moment | Getty ImagesBusiness leaders are walking back recessionary expectations for the U.S. that initially spiked in the aftermath of President Donald Trump’s tariff announcement, according to data released Monday.Less than 30% of CEOs forecast either a mild or severe recession over the next six months, per Chief Executive Group’s survey of more than 270 taken last week. That’s down from 46% who said the same in May and 62% in April.The share of CEOs polled this month who said they expect some level of growth in the U.S. economy also shot up above 40%. That’s nearly…
