Soft ripened cheeses sold by retailers including Aldi and Market Basket are being recalled because they may be tainted with listeria, a bacteria that can cause serious and sometimes fatal infections, according to a notice posted by the U.S. Food and Drug Administration. The third leading cause of death from foodborne illness in the U.S., listeria infection sickens 1,600 and kills 260 people a year, the U.S. Centers for Disease

Trump Media & Technology Group stock (DJT) leaped as much as 15% Friday and was briefly halted for volatility after Donald Trump said he would not sell his shares in the company, the home of Trump’s social media platform, Truth Social. Shares pared gains to around 9% shortly after his statement. Trump, who made the announcement on his Truth Social account, maintains a roughly 60% interest in DJT. At current

Check out the companies making headlines before the bell. Trump Media & Technology Group — Shares of President-elect Donald Trump’s media company fell another 4.6% in premarket trading following a 23% plunge in the previous session. The stock, which trades under ticker Trump’s initials, DJT, has given up Wednesday’s rally triggered by Trump’s election victory. It’s down more than 9% week to date as of Thursday’s close. Upstart — The

Rivian (RIVN) reported third quarter revenue that missed the mark and a wider-than-expected loss as the pure-play adventure electric vehicle maker was burdened by a supplier parts issue. Though the company now projects a wider loss than expected for the year, it maintained its full-year delivery forecast and still sees a “modest gross profit” coming in the fourth quarter. For the quarter, Rivian reported revenue of $874 million versus $980

Taylor: Trump will be a lot more organized this time Source link

Paramount Global (PARA) reported third quarter earnings before the bell on Friday that showed further improvement in its streaming business it gets ready to combine with Skydance Media. The media giant posted its second quarter of profit in a row for the segment. For the first nine months of the year, streaming losses stand at $211 million, a nearly $1 billion improvement from the $1.18 billion the company lost through

Deck the halls! Holiday menu returns at Starbucks Deck the halls! Holiday menu returns at Starbucks 00:53 Starbucks’ online ordering app malfunctioned Thursday, the same day the coffee giant introduced its holiday-themed menu.  The outage continued into Friday, triggering complaints from customers on social media who said they weren’t able to pre-order drinks and avoid standing in line for two days in a row.  Downdetector, which tracks website and app

U.S. stocks mostly extended their big post-election rally on Thursday, with all three major indexes touching record highs during the session after the Federal Reserve trimmed interest rates. The Fed lowered its short-term, benchmark fed funds rate by a quarter-percentage point to between 4.5% to 4.75%, down from a 23-year high of 5.25% to 5.5% just a couple of months ago. It was the second straight cut and off the heels

WASHINGTON — The Federal Reserve approved its second consecutive interest rate cut Thursday, moving at a less aggressive pace than before but continuing its efforts to right-size monetary policy. In a follow-up to September’s big half percentage point reduction, the Federal Open Market Committee lowered its benchmark overnight borrowing rate by a quarter percentage point, or 25 basis points, to a target range of 4.50%-4.75%. The rate sets what banks

Between March 2022 and July 2023, the Federal Reserve raised its benchmark rate 11 times. As a result, money market account (MMA) interest rates rose sharply. However, the Fed slashed the federal funds rate by 50 basis points in September. So deposit rates — including money market account rates — have started falling. It’s more important than ever to compare MMA rates and ensure you earn as much as possible