Ukrainian soldiers prepare a vehicle adapted to fire helicopter shells as the Russia-Ukraine war continues in the direction of Toretsk, Ukraine, Aug. 19, 2024. Anadolu | Anadolu | Getty ImagesUkraine carried out one of the largest-ever drone attacks against Moscow on Wednesday, as Kyiv continues to launch counteroffensives on Russian soil.Russia’s Defense Ministry said it destroyed 45 Ukrainian drones overnight, of which 11were over Moscow, according to a Google-translated update on Telegram.”This is one of the largest attempts to attack Moscow with drones ever. We continue to monitor the situation,” Moscow Mayor Sergei Sobyanin said in a separate Google-translated Telegram post,…
Author: usaeverydaylife
The opening of Biennial exhibit “Even better than the real thing” at The Whitney Museum of American Art on March 12, 2024, in New York City.Sean Zanni | Patrick Mcmullan | Getty ImagesNew York City’s art museums are among the most popular in the world — the Metropolitan Museum of Art (known as the Met) and Museum of Modern Art (MoMA) attracted 5.4 million and 2.8 million visitors, respectively, in 2023, according to The Art Newspaper.CNBC asked artists to name their top New York galleries, ranging from the well-known to the underground.London-based screen-printing artist Diego Arellano likes Manhattan’s Chelsea galleries…
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. CNBC(This article is from the Warren Buffett Watch newsletter. Sign up here.)Warren Buffett has added around $6 billion to Berkshire Hathaway’s sizable cash pile this summer with a string of Bank of America stock sales since mid-July.According to a new filing Friday, sales of 21.1 million shares on Wednesday, Thursday, and Friday generated $848.2 million, which is an average price of $40.24.Berkshire has sold Bank of America shares for six straight sessions. Since it began to reduce its holding on July 17, it has sold shares during…
Chinese electric car company Xpeng displays its mass-market Mona M03 coupe inside a headquarters’ showroom in Guangzhou, China, on Aug. 26, 2024.CNBC | Evelyn ChengBEIJING — Chinese electric car company Xpeng on Tuesday announced that its mass-market brand Mona will start selling some models for less than $17,000.The basic version of the Mona M03 electric coupe will be listed at 119,800 yuan ($16,812), with a driving range of 515 kilometers (320 miles) and some parking assist features.A version of the Mona M03 with the more advanced “Max” driver assist features and a driving range of 580 kilometers will sell for…
Peloton said Thursday it is digging itself out of the red and eked out a slight sales increase for the first time in nine quarters as it slashed its overall losses. The company’s shares spiked 35% on Thursday.The beleaguered connected fitness company, which two board members have run since former CEO Barry McCarthy resigned earlier this year, saw sales grow by 0.2% during its fiscal fourth quarter. While only a modest uptick, it’s the first time Peloton posted year-over-year revenue growth since its 2021 holiday quarter. The company also indicated it’s ready to focus on profitability over growth with significant cuts to…
The global liquefied natural gas market will continue to grow robustly through 2030 as capacity ramps up, lowering prices and expanding the market in countries where coal is currently cheaper, according to Wells Fargo. The supply of LNG worldwide should increase by an average of 31 million metric tons per year through the end of the decade — with capacity expanding by 30% or more from 2026 to 2028 — as new liquefaction plants come online, Wells’ team of analysts led by Roger Read told clients Tuesday. In total, global LNG capacity is expected to exceed 600 million metric tons…
The final trades of the day with CNBC’s Brian Sullivan and the Fast Money traders. Source link
US President Joe Biden holds up a copy of the Republican’s FY2024 budget as he delivers remarks on Bidenomics and Republican economic policy during an event at Prince George’s Community College, in Largo, Maryland, United States on September 14, 2023. Kyle Mazza | Anadolu Agency | Getty ImagesWith an economy posting significant GDP growth, a resilient labor market, and inflation and gas prices falling sharply across the nation, one of the early challenges for President Joe Biden’s reelection campaign has been the disconnect between actual economic progress and the outlook of Americans. You can add America’s small business owners on Main…
You don’t need a quiet, harmonious household to raise the next Steve Jobs or Frida Kahlo.Kids who grow up with parents who regularly disagree — in a constructive fashion — can become more creative adults, Adam Grant, an organizational psychologist at the Wharton School of the University of Pennsylvania recently told the “What Now? with Trevor Noah” podcast.Such children can also become more mentally resilient, Grant wrote in a 2017 New York Times essay — a skill that highly successful adults often develop early in life, experts say.By arguing, Grant doesn’t mean yelling and screaming. Instead, the idea is to…
Canada’s Prime Minister Justin Trudeau speaks during a press conference following a cabinet shuffle, at Rideau Hall, in Ottawa, Ontario, Canada, July 26, 2023.Blair Gable | ReutersCanada said on Monday it would impose 100% import tariffs on China-made electric vehicles, following in the footsteps of the U.S. and the European Union in slapping taxes over concerns related to unfair subsidies.Canada already imposes 6.1% tariff on EVs manufactured in China and imported into Canada, the government said on Monday. The 100% tariff will come into effect from Oct. 1.The country will also put a 25% tariff on China-made steel and aluminum…
