House Speaker Kevin McCarthy told CNBC’s Squawk Box earlier this week that Florida Gov. Ron DeSantis should “sit down and negotiate” with Disney and “solve the problem.”
The consumer price index, a key measure of inflation, rose 0.4% in February, up 6% from February 2022, the U.S. Bureau of Labor Statistics reported on Tuesday.
CNBC analyst Jim Cramer is once again being pilloried on social media after a clip resurfaced showing the “Mad Money” host recommending viewers buy shares of Silicon Valley Bank’s parent company, which owns the tech-driven commercial lender that swiftly collapsed on Friday.
HSBC has agreed to acquire the UK arm of Silicon Valley Bank for a nominal fee of £1, following the collapse of the bank due to its specialization in lending to technology companies.
Disney have removed the phrase 'zip-a-dee-doo-dah' from the music of its in-park parades over links to 1946 film 'Song of the South' which pushed racial stereotypes amid an ultra-woke makeover to the amusement park.
Tesla CEO Elon Musk and Gov. Gavin Newsom (D-CA) appeared together on Wednesday as the electric automaker unveiled a new hub for its technology employees in Silicon Valley.