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Pinterest CEO Bill Reddy speaks at the 28th Milken Institute Global Conference at the Beverly Hilton on May 5, 2025 in Beverly Hills, California. Patrick T. Fallon | AFP | Getty Imagespinterest The stock rose 6% after activist investor Elliott Investment Management invested $1 billion in the social media company.The company said it plans to use the funds to buy back shares as part of its newly approved $3.5 billion share buyback program. “Elliott’s investment is a strong vote of confidence in the work we’ve done to build our business and the great opportunities ahead for Pinterest,” CEO Bill Ready…
U.S. Homeland Security Secretary Kristi Noem looks on before the start of a Senate Judiciary Committee hearing on oversight of the Department of Homeland Security at the Capitol on March 3, 2026 in Washington, DC. Jim Watson | AFP | Getty ImagesSenate Judiciary Chairman Chuck Grassley (R-Iowa) on Tuesday slammed Homeland Security Secretary Kristi Noem for the fatal shooting of two people by Homeland Security law enforcement officers during an immigration raid in Minneapolis.”A mistake was made,” Grassley said in his opening remarks. “Let me be clear: One death is one too many. But police officers should never be intimidated…
WASHINGTON, D.C. – As the U.S. and Israeli militaries escalate their attacks on Iran, President Donald Trump’s administration has alternated the legitimacy of the war between deterring immediate attacks and countering Iran’s long-term nuclear existential threat.This was on full display Monday, when President Trump and Secretary of Defense Pete Hegseth appeared to argue that the culmination of Iran’s regional policy over the 47 years since the Islamic Revolution and the future of the country’s ballistic and nuclear programs pose an immediate threat to the United States.Recommended stories list of 3 itemsend of listMeanwhile, US Secretary of State Marco Rubio claimed…
Jon Rahm has accused the DP World Tour of “blackmailing players” and said he would not sign a contract that would allow him to play both the circuit and LIV Golf at the same time.Unlike Ryder Cup teammate Tyrrell Hatton, Rahm was not among the eight DP World Tour members recently granted conditional release to compete in LIV Golf without being fined. The Spaniard previously said he had “no intention” of paying a fine for breaching membership guidelines, including appearing at an LIV event without permission, and the fine is thought to be in the region of £2.5 million. Failure…
Smoke rises after a strike in Tehran, Iran, Monday, March 2, 2026.Mohsen Ganj | APLONDON – European stock markets fell sharply on Tuesday as escalating Middle East conflict continued to weigh on global investor sentiment. By 1:10 p.m. London (8:10 a.m. ET), pan-European Stocks 600 fell 2.9%, extending Monday’s steep decline, with the index ending down 1.6%. Stocks across all sectors sold on Tuesday morning, with bank stocks down 4.2%, insurance stocks down 4.1% and utility stocks down 3.6%, leading to losses. Even the STOXX Aerospace and Defense Index, home to the region’s largest defense prime, fell 2.2% after ending…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.good morning. As the war in Iran continues to unfold, today also marks the first midterm primary election in the United States. The races to watch are:Stock futures are sharply lower this morning following mixed trading on Wall Street.Here are five important things investors need to know to start their trading day.1. Day 4Smoke rises after a strike in Tehran, Iran, Monday, March 2, 2026.Mohsen Ganj | APAs the Iran war intensifies, the US embassy in Saudi Arabia’s capital Riyadh was attacked by two drones on…
LONDON (AP) — Britain’s Treasury Secretary Rachel Reeves on Tuesday sought to present a rosy picture of the state of Britain’s economy. Oil and gas prices have soared In the wake of Iran war progresses rapidly It casts a dark cloud over the outlook for the world economy.Mr Reeves unveiled the latest UK economic forecasts compiled by the Independent Office for Budget Responsibility and insisted that the plans he has been making since Labor returned to power in the 2024 election are bearing fruit.This year’s economic growth rate is expected to be slightly lower than the 1.1% forecast when the…
US President Donald Trump’s second term has been marked by the abduction of leftist Venezuelan President Nicolas Maduro, the joint US-Israeli attack on Iran that killed hundreds of the country’s supreme leader Ayatollah Khamenei, and new threats against other leaders from Latin America to Europe.The policy tests alliances, legal norms, and the idea that shocking actions abroad have predictable consequences at home. At its core is a message President Trump repeats in a variety of ways. “We can reach you, but if you don’t do what we want, we may not be able to protect you.”Recommended stories list of 4…
The Premier League’s big clubs have recently announced their financial results for the 2024-25 season.While football is decided on the pitch, these results off the pitch tend to give clues as to what direction the club is going in and what its transfer activity will look like in the coming years. Manchester United, Arsenal and Liverpool all announced their details by the end of February, with West Ham joining them, with some surprising results revealed. Sky Sports reporters look into every club’s accounts to reveal what we can learn from each…Manchester United urgently need the Champions LeagueMan United’s 2024-25 season…
Traders work on the floor of the New York Stock Exchange (NYSE) on March 2, 2026 in New York City, USA. Brendan McDiarmid | ReutersU.S. Treasury yields rose on Tuesday after oil prices rose for the second day in a row due to the U.S.-Iran conflict.The benchmark 10-year Treasury yield rose about 4 basis points to 4.09%. The yield on the 30-year Treasury note rose more than 2 basis points to 4.723%. The yield on two-year government bonds rose more than 4 basis points to 3.531%.One basis point equals 0.01%, and the yield is inversely proportional to the price.The war…