Traders work on the floor of the New York Stock Exchange. NYSE The closest presidential races have brought stronger relief rallies, according to data from past election cycles analyzed by CNBC. The S&P 500 has gone on to gain around 1.5% on average between Election Day and the end of that respective calendar year, data…
Photo: Chip Somodevilla (Getty Images) In This Story Trump Media and Technology Group stock surged 12% in pre-market trading on Tuesday as the first polls began to open across the U.S. The ‘smart money’ predicts a Donald Trump win and a Republican landslide, strategist says Shares of Trump Media, the company that owns former President…
Myanmar’s ethnic groups fighting to oust the junta criticized China for hosting military chief Min Aung Hlaing in the country this week, and said India has reached out for talks with the shadow government and some armed rebels. The National Unity Government and ethnic armed groups held a joint virtual press conference on Tuesday, where…
Republican presidential nominee and former U.S. President Donald Trump reacts at a rally in Las Vegas, Nevada, U.S. September 13, 2024. Piroschka Van De Wouw | Reuters Shares of Trump Media & Technology rose on Election Day Tuesday, with traders betting a second Trump presidency would give the business prospects of the Truth Social operator…
A budding alliance between Russia and North Korea is handing Chinese President Xi Jinping another problem, as Beijing comes under growing international pressure to rein in two of its closest diplomatic partners. The revelation last month that Kim Jong Un sent thousands of troops to Russia’s border sparked fears that Europe’s largest conflict since World…
Rosalyn LaPier still shudders when she thinks of the abandoned, windowless Victorian manor that sat next to a tiny chapel on the Montana reservation where she grew up. Some weekends, as a child, LaPier would pass by the gloomy estate on her way to a local cemetery to pay respects to deceased relatives. Along the…
People shop in an Abercrombie & Fitch store in midtown Manhattan on October 24, 2024 in New York City. Spencer Platt | Getty Images Former President Donald Trump‘s universal tariff proposals could cause prices to skyrocket on clothing, toys, furniture, household appliances, footwear and travel goods, according to a new report from the National Retail…
Labor prosecutors have accused the LGBTQ+ dating app Grindr of wielding a return-to-office policy to thwart a union organizing effort. A spokesperson for the National Labor Relations Board said the agency’s general counsel filed the charges Friday, alleging Grindr used the mandate to force out employees because they had “joined the union and engaged in…
GENEVA (AP) — China has moved forward with a complaint at the World Trade Organization that alleges the European Union has improperly set anti-subsidy tariffs on new Chinese-made electric vehicles. The Chinese diplomatic mission to the WTO said Monday it “strongly opposes” the measures and insisted its move was designed to protect the EV industry…
BANGKOK (AP) — The head of Myanmar’s military government will pay an official visit this week to China, the embattled Southeast Asian nation’s most important international ally, for several regional meetings, state-run media reported on Monday, amid concern by the opposition. It will be the first time Senior Gen. Min Aung Hlaing has traveled to…