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Man attacks New York Republican Rep. Lee Zeldin at campaign event

Jul 2022 22
U.S. Rep. Lee Zeldin (R-NY)Source: CNBCA 43-year-old man attacked New York Republican gubernatorial nominee Rep. Lee Zeldin at an upstate campaign event Thursday evening.Zeldin was not harmed in the incident, which occurred as he was speaking outside a Veterans of Foreign Wars post in Fairport, a village near Rochester, NBC News reported.Zeldin said he grabbed the attacker's wrist and stopped him for a few moments before others tackled the man. The attacker, identified by three senior law enforcement officials as David Jakubonis of Fairport, was subdued by members of the audience after he charged Zeldin, WHEC-TV reported.That NBC affiliate reported......

AT&T shares fall after results show later payments, higher spending

Jul 2022 21
A man walks with an umbrella outside of AT&T corporate headquarters on March 13, 2020 in Dallas, Texas.Ronald Martinez | Getty ImagesAT&T shares fell Thursday after the company said its cash flow was hurt by customers' later phone payments and company spending on building 5G infrastructure.The company said customers have been paying their bills about two days later than they did the same time last year. That alone affected about $1 billion in quarterly cash flow, the company said."There's clearly some dynamics in the economy. We have customers that are stretching out their payments a little bit," AT&T CEO John......

Jobless claims rise again in another sign that labor market is cooling

Jul 2022 21
A woman walks in front of a store on February 22, 2021, in New York City.John Smith | Corbis News | Getty ImagesInitial jobless claims hit their highest level since mid-November last week, the latest sign that a historically tight labor market is beginning to slow, according to Labor Department data released Thursday.Claims totaled 251,000 for the week ended July 16, up 7,000 from the week before and above the 240,000 Dow Jones estimate.The gain brought filings for unemployment insurance to their highest weekly level since Nov. 13, 2021 and provided another indicator that a jobs market on fire in......

Russia resumes gas flows to Europe after fears of a total shutdown

Jul 2022 21
Nord Stream 1 provider said gas flows have resumed after maintenance works.Hannibal Hanschke | ReutersThe operator of Nord Stream 1, a key gas pipeline which runs from Russia to Germany, said Thursday it was in the process of resuming flows to Europe.There had been concerns across the region that there could be a complete shutdown of gas supplies via the pipeline after it was closed earlier this month for maintenance. Flows had been due to be restart Thursday after the completion of the works.A spokesperson for Nord Stream confirmed to CNBC via email that the company is "in process of resuming......

Here’s how you can recession-proof your career, according to one CEO

Jul 2022 21
1. Diversify revenue streamsDon't rely on just one way of making money — that's the "best anti-crisis strategy," according to Volodarsky."Ideally, look for gigs in different verticals, geographies, and skill sets to diversify your income portfolio and minimize risk. If one of your gigs shuts down, you'll have a much easier time finding a replacement for, say — 30% of your income rather than losing everything all at once."Every crisis is an opportunity.Aleksandr VolodarskyLemon.io, CEOHowever, there are other options on top of freelancing or working several jobs at once."You can always find a company that offers you multiple projects rather......

Tesla TSLA earnings Q2 2022

Jul 2022 20
Tesla reported earnings after the bell, and the results sent the stock up slightly after hours.Earnings per share (EPS): $2.27 (adjusted) vs $1.81 expected, according to RefinitivRevenue: $16.93 billion, vs. $17.1 billion expected, according to RefinitivAutomotive gross margin came in at 27.9%, down from 32.9% last quarter and 28.4% a year ago, impacted by inflation and more competition for battery cells and other components that go into electric vehicles. Automotive revenues made up $14.6 billion of the company's total, with $1.47 billion coming from services and other revenue, and $866 million from the company's energy segment.The company generated $344 million......

40% of workers are considering quitting jobs soon—where they’re going

Jul 2022 20
More than 4 million people have left their jobs each month in the U.S. so far this year — and according to new research, this record-breaking trend isn't going to quit anytime soon. About 40% of U.S. workers are considering quitting their current jobs in the next 3-to-6 months, a report from McKinsey and Co. published last week, which surveyed 6,294 Americans between February and April, has found. "This isn't just a passing trend, or a pandemic-related change to the labor market," Bonnie Dowling, one of the authors of the report, says of the elevated quit rates. "There's been a fundamental shift......

Bitcoin (BTC) climbs above $23,000

Jul 2022 20
The world's largest cryptocurrency is down roughly 50% since the start of 2021.CFOTO | Future Publishing | Getty ImagesBitcoin broke the $23,000 threshold for the first time in more than a month, as hopes of a rate hike less aggressive than feared from the Federal Reserve triggered a relief rally in cryptocurrencies.The the world's biggest cryptocurrency surged as high as $23,800 Wednesday, up 8% in 24 hours and trading at levels not seen since mid-June. It was last trading at a price of $23,330.80, according to Coin Metrics data.Traders took comfort from the prospect of softer policy action from the......

Stock futures extend Dow rally as Netflix earnings beat estimates

Jul 2022 20
U.S. stock futures traded higher on Wednesday morning after a sharp rally for the three major indexes during Tuesday's regular trading session.Dow Jones Industrial Average futures rose 165 points, or 0.52%. S&P 500 and Nasdaq 100 futures climbed 0.58% and 0.61%, respectively. Netflix surged more than 7% in after-hours trading after saying it lost only 970,000 subscribers in the second quarter, less than the 2 million it had previously projected.Traders betting that markets found a bottom and will be pushed forward by stronger-than expected corporate earnings drove stocks higher Tuesday, with all three major indexes trading above their 50-day moving......

Shares of cruise lines jump after CDC ends Covid-19 program

Jul 2022 19
NEW YORK, US - JULY 10: An aerial view of the cruise ship "Norwegian Joy" sails up the Hudson River in front of the skyline of Manhattan as the sun sets in New York City, United States on July 10, 2022.Lokman Vural Elibol | Anadolu Agency | Getty ImagesShares of cruise lines including Carnival, Royal Caribbean and Norwegian rose Tuesday after the U.S. Center for Disease Control ended its Covid-19 program for cruise ships.The CDC's program for cruise ships, which became voluntary earlier this year, required all passengers to be tested, encouraged vaccinations for staff and passengers and outlined specific......
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