Hegseth pushes back on ‘misrepresented’ claims about USS Abraham Lincoln’s conditions

Netflix NFLX stock rose more than 4% on Thursday after billionaire investor Bill Ackman's Pershing Square Capital Management disclosed a new stake in the streaming giant, marking a return to the company more than four years after exiting its previous investment at a loss. In its second-quarter shareholder letter, Pershing Square revealed it had acquired a 4.9% portfolio stake in Netflix. The hedge fund, known for running a concentrated portfolio of fewer than a dozen holdings, said it believes the streaming company is well-positioned for long-term...

The latest major updates on US inflation have just come out, bang in line with consensus expectations. First off, on Wednesday the Headline CPI (Consumer Price Index) for July fell to 3.4% from 3.5%, while Core CPI (which excludes food and energy) edged down to 2.5% year-on-year, from 2.6% previously. The US dollar sold off a bit while stock index futures headed higher, but both these moves had unwound within an hour or so. Then, the following day, July PPI (wholesale inflation) came out at 4.2% year-on-year, down from 4.7% previously. Despite the...

Family members say sailors on the USS Abraham Lincoln have faced food shortages, long stretches at sea and deteriorating mental health

Best tech ETFs for value investors: FTEC, QQQ and KTEC compared

A federal judge dismissed a lawsuit Thursday by the Trump administration ‌that alleged that Harvard University failed to protect Jewish and Israeli students from harassment.