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Frank Bisignano, chief executive officer of the Internal Revenue Service (IRS), during a House Ways and Means Subcommittee on Social Security hearing in Washington, DC, US, on Wednesday, June 10, 2026. Tierney L. Cross | Bloomberg | Getty ImagesSocial Security Administration Commissioner Frank Bisignano told Congress on Wednesday that the agency has improved one legacy pain point for individuals who contact it — long phone wait times for its toll-free helpline. SSA has brought the average “speed of answer,” or the time it takes for an agent to answer an incoming call, to the “lowest level in a decade,” Bisignano…
White House to meet defense firms to talk about ramping up production, sources say Source link
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. Stocks were down Wednesday as investors weighed a relatively favorable inflation report against comments from President Donald Trump that Iran has taken too long to negotiate a peace deal and will now have to “pay the price.” The consumer price index was largely in line with expectations, helping ease pressure on Treasury yields and technology stocks. Jim noted that much of the increase in inflation came from energy prices. At the same time, investors…
Pet owners have historically been advised they should treat cats and dogs as a preventative measure every month. Source link
A Citibank logo is displayed on a sign at one of their branches on Nov. 7, 2025 in Encinitas, CA.Kevin Carter | Getty ImagesCitigroup outperformed the broad market as well as some other major bank stocks Wednesday after President Donald Trump lauded the bank and its CEO Jane Fraser in a social media post.At 9:30 a.m. ET, Trump praised Citigroup on Truth Social, writing: “Wow! CITI was ranked Number 1 in topping M&A Advisory Market by Value in Q1. Congratulations to Jane F and ALL of her great people. They’ve worked really hard! BIG comeback for CITI!!! President DONALD J.…
US lawmakers raise concern over Goldman’s move to keep top lawyer as adviser despite Epstein ties Source link
A datasheet (PDF) for the device claims the Mobi Fold “is made to withstand 50,000 folds and unfolds.” Logitech said that it tested this “under controlled conditions until wear or functional issues appeared.” Comfort concerns The mouse also comes in off-white and sand colors. Credit: Logitech The mouse also comes in off-white and sand colors. Credit: Logitech The Mobi Fold seems to have a good grip on portability, including around ease-of-use and battery life. But the tented shape of the mouse doesn’t look particularly comfortable, especially for long-term use. When folded, the mouse makes a nearly 90-degree angle that your…
Agriculture Secretary Brooke Rollins told CNBC on Monday that the new world screwworm is a “little pest.” In the past, she called the parasite “terrifying.”The discrepancy in messaging before and after the flesh-eating pest was detected in the U.S. offers a window into how Rollins is managing the screwworm threat now that it has reached inside the border. And it shows how the administration is racing to alleviate fears that the parasite could further raise the price of beef amid rising inflation. Since screwworm was detected in Texas last week, Rollins has hit the airwaves to reassure the U.S. public…
Oracle CEO Clay Magouyrk speaks at a Q&A session after a tour of the OpenAI data center in Abilene, Texas, on Sept. 23, 2025.Shelby Tauber | ReutersOracle reported better-than-expected earnings and revenue for the fiscal fourth quarter on Wednesday while also raising its profit forecast for the year. The stock dropped 6% in extended trading as the company plans to raise more money to finance its AI buildout. Here’s how the company did in comparison with LSEG consensus:Earnings per share: $2.11 adjusted vs. $1.96 expected Revenue: $19.18 billion vs. $19.10 billion expectedRevenue increased 21% year over year in the quarter,…
U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.87% Source link