Author: arthursheikin@gmail.com

[ad_1] CNN  —  Journalists who cover the US military say they are extremely concerned by Defense Secretary Pete Hegseth’s constraints on press access at the Pentagon. They say the newest restrictions, outlined Friday night, appear to be “a direct attack on the freedom of the press and America’s right to know what its military is doing.” The sharp words from the Pentagon Press Association came after Hegseth announced “additional credentialing procedures for press at the Pentagon in the interest of national security.” The changes make key parts of the Pentagon building off-limits to journalists unless they have an official escort.…

[ad_1] McDonald’s announced on Friday that it is closing its CosMc’s spin-off line of Starbucks-style drink shops.McDonald’s CEO Chris Kempczinski said in the company’s last earnings call that drinks from CosMc’s would be introduced to “hundreds of McDonald’s restaurants” in the future.”In connection with this next phase of testing, we will begin closing all stand-alone CosMc’s pilot locations in late June, and the CosMc’s app will be discontinued,” a McDonald’s spokesperson told Business Insider.When it opened in 2023, CosMc’s drew comparisons to Starbucks. Its menu included coffees, teas, lemonades, slushes, breakfast sandwiches, and small donut-like pastries called “McPops.”In a December 2023…

[ad_1] Check out what’s clicking on FoxBusiness.com. An artificial intelligence model has the ability to blackmail developers — and isn’t afraid to use it. Anthropic’s new Claude Opus 4 model was prompted to act as an assistant at a fictional company and was given access to emails with key implications. First, these emails implied that the AI system was set to be taken offline and replaced. The second set of emails, however, is where the system believed it had gained leverage over the developers. Fabricated emails showed that the engineer tasked with replacing the system was having an extramarital affair…

[ad_1] FILE PHOTO: A banner celebrating Rocket Companies Inc., the parent company of U.S. mortgage lender Quicken Loans, IPO is seen on the front facade of the New York Stock Exchange in New York City, U.S., August 6, 2020.Brendan McDermid | ReutersCompany: Rocket Companies Inc (RKT)Business: Rocket Companies is a financial technology company consisting of mortgage, real estate and personal finance businesses. Its segments include Direct-to-Consumer and Partner Network. In the Direct-to-Consumer segment, clients can interact with Rocket Mortgage online, as well as with the company’s mortgage bankers. Rocket markets various brand campaigns and performance marketing channels to clients through…

[ad_1] Stocks that investors dumped this week could make a comeback, according to one popular metric. All three of the major averages dropped more than 2% this week. On Friday, the S & P 500 posted a fourth consecutive losing session and the Dow Jones Industrial Average lost more than 250 points after President Donald Trump called for a 50% duty on the European Union and threatened 25% tariffs on Apple for iPhones that are made outside the U.S. Although volatility remains in the market, one widely used technical analysis metric indicates that certain stocks look oversold after this week’s…

[ad_1] One place investors can turn to in this volatile market is agency mortgage-backed securities, according to Janus Henderson. The assets —debt obligations created out of a pool of mortgages and backed by the federal government — have historically been resilient in market selloffs, explained John Kerschner, head of U.S. securitized products and a portfolio manager at Janus. Stocks retreated on Friday after President Donald Trump resumed his threat of higher tariffs , this time leveled against Apple and the European Union . Treasury yields, which move inversely to prices, pulled back from their recent highs. Agency MBS are also…

[ad_1] Goldman Sachs revealed recently several buy-rated stocks that analysts at the investment bank say are set to rise. The Wall Street firm says these companies are resilient and that investors should quickly buy them. CNBC Pro combed through Goldman Sachs research to find five stocks that it says have more upside. They include: Microsoft , KinderCare, Lyft, Woodward and Diamondback. KinderCare Buy the dip in shares of the early childhood learning company, according to analyst George Tong While KinderCare’s most recent earnings report was mixed, Goldman is doubliing down on the stock. “While sales cycles have elongated, the company…

[ad_1] This as-told-to essay is based on a conversation with James Crosby, a 26-year-old Deloitte consultant from Arlington, Virginia. It’s been edited for length and clarity.Online sports betting is legal in some states. Before participating, verify the legality in your specific state.My first month doing arbitrage betting, I made a little over $2,000. The second month, I made about $2,500. This month, I’m on track to bring in more than $4,000 in pure profit.The process is pretty straightforward: I’ve opened accounts on about 12 different sportsbook platforms, like FanDuel and DraftKings, and I pay to subscribe to a service call…

[ad_1] Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Two US credit rating agencies have become embroiled in a rare public dispute over the reliability of scores for insurance companies’ growing stash of private credit investments. The dispute involves a study, since withdrawn by its publisher, purporting to find that small credit rating agencies assign more generous scores to private credit investments than the larger and more established ones. Kroll Bond Rating Agency has accused Fitch Ratings of misleading market participants by relying on the study to raise doubts about…

[ad_1] Customers say they feel like they are being asked to leave a tip at more places, and some are fighting back.About 33% of people surveyed by Morning Consult said that they’re expected to tip more, either more often or a greater amount, than they were five years ago.They’re not imagining it. From self-checkout kiosks to paying for service on your car at a mechanic’s shop, customers are seeing businesses ask for tips in situations where gratuity wasn’t previously expected.Consumers are feeling pressure to tip more from that phenomenon, which a report on the survey from Morning Consult calls “tip…