Vice President Kamala Harris chose Minnesota Gov. Tim Walz as her Democratic running mate for the 2024 presidential election, three people familiar with the choice tell NBC News. The two are scheduled to appear together later in the day Tuesday in Philadelphia.Walz, 60, in the past two weeks has been…

Michael Bloomberg’s organization Bloomberg Philanthropies is announcing a $600 million gift to the endowments of four historically Black medical schools. Bloomberg, the former New York City mayor and the billionaire founder of Bloomberg LP, will make the announcement Tuesday in New York at the annual convention of the National Medical…

Game of monopoly How big can Big Tech get before Big Tech could get wrecked? Say that 10x fast. Tongue twisters, market twisters, and even legal twisters are enveloping the high-flying tech industry, which has helped propel stocks to record highs in 2024 – until yesterday. The Nasdaq (COMP:IND) plunged…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Student protesters in Bangladesh have called for Nobel Peace Prize winner Muhammad Yunus to be named chief adviser of a new interim government after Prime Minister Sheikh Hasina fled the country in…

The stunning transformation of the 2024 presidential race will reach new heights Tuesday when Vice President Kamala Harris unveils her running mate after a sequence of events that left Republican nominee Donald Trump flailing. Harris is due to join her vice presidential pick at a rally in Philadelphia that will…

Did you know more people turn 65 each day in America than are born? And by 2030, there will be more people over 60 than those under 18? This generation of “elders” in the developed world is “the longest lived, wealthiest, healthiest, most highly educated, and largest percentage of elder…

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Chicago Federal Reserve President Austan Goolsbee on Monday vowed that the central bank would react to signs of weakness in the economy and indicated that interest rates could be too restrictive now.Asked whether weakening in the labor market and manufacturing sector could prompt a response from the Fed, Goolsbee did…

We’re making six trades Monday morning, as the recent market volatility driven by fears of a U.S. recession intensifies. Shortly after the opening bell, we are exiting our position in Ford , selling all of our 5,550 shares at roughly $9.48. We are also exiting our position in Wynn Resorts…

CrowdStrike fired back at Delta after the airline’s CEO lashed out at the cybersecurity firm for computer problems that he said cost Delta $500 million. CrowdStrike claimed Delta would have to explain its own IT shortcomings in any litigation, and that it ignored CrowdStrike’s offers of assistance. In a letter…