On Feb. 20, President Biden declared the state of Texas the site of a major disaster, making available federal funding for the relief of the millions of Texans who have been without water, food, electricity and even shelter in freezing conditions. The crisis in Texas came as a result of Winter Storm Uri, which swept across the United States, setting […]

ATLANTA — President Joe Biden and Vice President Kamala Harris will meet with Asian American leaders in Atlanta on Friday, after a gunman opened fire on Atlanta-area spas, killing mostly women of Asian descent in at least two massage parlors he frequented. Robert Aaron Long, 21, of Woodstock, Georgia, waived his right to an initial court appearance in Cherokee County on Thursday. Atlanta Deputy Police Chief Charles […]

Investors need to keep a tab on how the US treasury yields move, which will have a ripple effect on how big money moves across developed and emerging markets. The markets have been unable to sustain at higher levels as a rise in bond yields globally, especially in the US have dented sentiment. Surging commodity prices, especially crude oil that […]

Jefferies Financial Group is offering its 1,124 analysts and associates a choice of luxurious gifts. They can choose between a Peloton, a Mirror Home Workout System, and a bundle of Apple products. The firm’s two top executives announced the news in a memo shared by Instagram’s Litquidity account. See more stories on Insider’s business page. Junior bankers at Jefferies may […]

CNBC.com's MacKenzie Sigalos brings you the day's top business news headlines. On today's show, CNBC's Julia Boorstin delves deep into the privacy fight between Apple and Facebook, and how consumers feel about the two different approaches to personal data. Plus, CNBC's digital video team takes a look at the future of the F-35 — the cutting-edge stealth fighter from Lockheed […]

Nike fell after the bell Thursday following a mixed quarter. Earnings of 90 cents a share for its February-ended quarter beat expectations, but port congestion in the U.S. squeezed inventories and pressured sales. The company emerged as an e-commerce powerhouse during the pandemic. Nike reported a 59% increase in digital sales in its recent quarter, down from 84% growth a […]

First-year analysts at Goldman Sachs are sounding the alarm about abusive working conditions.  An informal survey of 13 junior bankers is making the rounds on social media.  The analysts describe declining mental health, grueling 100-hour work weeks, and a lack of sleep.  See more stories on Insider’s business page. Overworked junior staffers at one of the world’s most prominent investment […]

If you sleep hot, a cooling mattress topper can regulate your bed’s temperature for a better sleep. Our top pick is the Therapedic Tru-Cool 3-inch Serene Foam Performance Mattress Topper.  It offers excellent cooling, reduced motion transfer, and soothing pressure point relief. Have you ever woken up in the middle of the night to desperately kick off your covers and […]

In a new update, the Social Security Administration details how the Covid-19 pandemic has prompted it to adapt its processes. That has included ramping up its capacity to take phone calls and holding meetings virtually, when possible. Some changes could be here to stay. "We are asking which lessons learned could improve service beyond the Covid-19 pandemic," Commissioner Andrew Saul […]