PORT-AU-PRINCE, Haiti — Secretary of State Antony Blinken made clear Thursday that he does not intend to continue into another Democratic administration, saying that he looks forward to having a lot more time with his kids very soon. The acknowledgment — not a surprise, but still the first public acknowledgment of his plans — is another indicator that a Kamala ...
On the Friday before Labor Day, President Joe Biden issued a decision that has upset the federal labor force he has done much to please. The White House, in a letter to Congress, officially proposed an average 2 percent pay raise for civilian federal workers in 2025 — less than half the proposed 4.5 percent bump for military personnel and ...
Former president Jimmy Carter, 99, turned to his son several weeks ago as he watched President Joe Biden, 81, announce that he was passing the torch to a younger generation and said softly, “That’s sad.” Carter and Biden are friends and share much in common as members of the elite group elected to the White House. Biden is the oldest ...
On the day after President Joe Biden decided to end his reelection bid in July, more than 300 former staffers for Vice President Kamala Harris publicly endorsed her candidacy — a flurry of alumni support with little precedent in this already unusual campaign. “We were able to witness her leadership firsthand,” the former staffers wrote in a letter, attesting to ...
The coordinated campaign of Vice President Kamala Harris raised $361 million in August, nearly three times as much as the $130 million collected by the coordinated effort of her Republican rival, Donald Trump, giving her a clear financial edge with two months to go before Election Day, her campaign announced Friday. Harris’s larger campaign, which boasts hundreds more staff, dozens ...
When JD Vance became the Republican nominee for vice president, a speech he gave in April condemning the Ukrainian government for what he claimed was an “assault on traditional Christian communities” became a rallying cry for lobbyists hired by a lawyer of an ally of the Russian Orthodox patriarch. “We commend Vance for taking a strong position on this issue ...
It’s been described as the most important company in the world at the moment. But new concerns surrounding Nvidia, the chipmaker powering the artificial intelligence revolution — and which this summer became America’s second-largest public company, behind Apple, when its valuation surpassed $3 trillion — have prompted a fresh global market sell-off. On Tuesday, Nvidia shares dropped 9.5%, erasing $278.9 ...
In 2021, the National Football League signed an 11-year, $111 billion media rights deal. In July, the National Basketball Association signed an 11-year, $77 billion deal of its own. What’s next? Well, not much all that soon. While Ultimate Fighting Championship and Formula 1 have deals expiring in 2025, the vast majority of major college and professional sports have recently signed long-term ...
There is a $2 billion gulf growing in Los Angeles. The National Football League’s Los Angeles Rams, No. 2 on CNBC’s Official 2024 NFL Team Valuations list, are worth $8 billion, while the Los Angeles Chargers rank 26th at a value of $5.83 billion. While the Rams have a recent Super Bowl to their name and the Chargers don’t, the gap in value is about ...
A bankruptcy court approved Red Lobster’s plan to exit Chapter 11, putting the seafood chain one step closer to exiting bankruptcy. The company, known for its seafood offerings and cheddar biscuits, filed for bankruptcy protection in May. Red Lobster had struggled with increased competition, expensive leases, last year’s disastrous shrimp promotion and a broader pullback in consumer spending. As part of the restructuring plan, ...