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Biden's decision to drop out leaves Democrats across the country relieved and looking toward future
After weeks of uncertainty about who would be at the top of the Democratic Party’s ticket in November, many voters expressed relief over the news that President Joe Biden would drop his reelection bid and began to think about who might replace him in a dramatically altered election landscape.
Delta Air Lines says cancellations continue as it tries to restore operations after tech outage
Airlines, including Delta Air Lines, continued to struggle to restore operations two days after a faulty software update caused technological havoc worldwide and resulted in several carriers grounding flights. Total cancellations within, into or out of the U.S. on Sunday clocked in at 1,461, according to the latest data from...
Markets could unwind the ‘Trump trade' after Biden drops out of presidential race
Analysts were mixed in their predictions for the U.S. presidential race after Joe Biden announced he would bow out. Some analysts predicted the "Trump trade" could unwind in the short term, as Wall Street had been pricing in a victory for the former president. While Vice President Kamala Harris jumps...
Autonomous AI workers that talk to each other will arrive in 2025, Capgemini predicts
Autonomous AI agents that can communicate with other AI agents will arrive by 2025, Pascal Brier, Capgemini's chief innovation officer, told CNBC. This "multi-agent AI" would entail a collection of agents that work together to solve tasks in a distributed and collaborative way, according to Capgemini. For example, an AI...
Vatican's Pius XII archives shed light on another contentious chapter: The Legion of Christ scandal
The recently opened archives of Pope Pius XII have shed new light on claims the World War II-era pope didn’t speak out about the Holocaust. But they’re also providing details about another contentious chapter in Vatican history: the scandal over the founder of the Legionaries of Christ. Entire...
European markets set to open higher as traders assess U.S. political landscape
LONDON — European stocks are expected to open higher as global markets react to the news that U.S. President Joe Biden had dropped out of the U.S. presidential race. The U.K.'s FTSE index is seen opening 24 points higher at 8,163, Germany's DAX up 9 points at 18,166, France's CAC 40 up 18 points at 7,538 and Italy's FTSE MIB 21 points higher at 34,338, according to data from IG.
What to know about the Kids Online Safety Act and its chances of passing
The last time Congress passed a law to protect children on the internet was in 1998 — before Facebook, before the iPhone and long before today's oldest teenagers were born. Now, a bill aiming to protect kids from the harms of social media, gaming sites and other online platforms appears to have enough bipartisan support to pass, though whether it actually will remains uncertain.
Small businesses grapple with global tech outages created by CrowdStrike
An owner of a consumer insights research firm couldn't pay her employees, make Friday's deadline to sign a contract for a new business or send key research to a key client. A psychiatrist, who runs a virtual mental health practice in Maryland, saw his business hobbled as some of his virtual assistants and therapists couldn't either make phone calls or log on to their computers. And a restaurant owner in New York City was worried about how he was going to pay his vendors and his workers.
Global leaders react to ‘true friend' Biden dropping out of U.S. presidential race
Biden on Sunday ended his campaign to seek reelection in November and endorsed Vice President Kamala Harris as the Democratic Party's nominee. The U.S. election comes at a critical juncture of a growing rivalry with China, as well as ongoing geopolitical conflicts in Gaza and Ukraine. U.S. President Joe Biden...
Man held in slashing of woman at Loop Blue Line station
A man was arrested Sunday afternoon on suspicion of wounding a woman with a sharp object on a Blue Line platform, according to Chicago police. A 22-year-old woman and 55-year-old man were in a verbal altercation at the Jackson Blue Line stop in the 300 block of South Dearborn about 3:30 p.m. when the man swung a sharp object at the woman, cutting her forearms and hands several times, police said.
CNBC Daily Open: Biden drops out
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today. Biden drops out. President Joe...
Trump's campaign quickly pivots to Harris after Biden announces decision to leave the race
Donald Trump's campaign has spent the last year-and-a-half viciously attacking Joe Biden, ridiculing his policies, mocking his fumbles and relishing a rematch they felt they were winning. But they have also spent weeks preparing for the possibility that Biden might exit the race, readying a bevy of attacks against Vice...
Harris gets to work to become Democratic nominee for president after Biden withdraws
Vice President Kamala Harris is being thrust into the most scrutinizing of spotlights, suddenly the leading candidate to succeed President Joe Biden as the presumptive Democratic presidential nominee and her party's main hope of defeating Republican Donald Trump. She spoke multiple times with Biden on Sunday, according to people familiar...
Man fatally shot inside Arlington Heights apartment building
Law enforcement were investigating after a man was shot and killed on Saturday afternoon at an apartment complex in suburban Arlington Heights, police said. At around 1:40 p.m., officers with the Arlington Heights Police Department were called to a shooting at the Arbor Lakes Apartment Complex, 4233 N. Bloomington Ave.
Asia stocks set to mostly fall as Biden drops out of race; inflation and GDP data this week in focus
Early Monday, U.S. president Joe Biden announced his withdrawal from the 2024 presidential race, endorsing current vice-president Kamala Harris. Traders will also return to the markets after machines running Microsoft's Windows operating system crashed Friday due to a glitch in an update issued by cybersecurity company CrowdStrike. Shares of CrowdStrike plunged 11% on Friday.
Kyle Larson races to his 1st Brickyard 400 victory, making late charge through field
Kyle Larson made a late charge through the field, managed to get his car refired after a red flag and won the final two restart battles Sunday before coasting to his first Brickyard 400 victory under caution. Larson took the lead when Brad Keselowski ran out of fuel and pulled...
How Illinois Democrats stand on VP Harris as presidential nominee
The decision of President Joe Biden to step aside in this year’s election is still sending shockwaves through the political world, and the big question on the minds of many is whether Vice President Kamala Harris will ultimately be the Democratic Party’s nominee in August. Harris has earned...
Kamala Harris sees surge in big money support after Biden drops out of race
Kamala Harris is already seeing a wave of big money donor support following President Joe Biden dropping out of the race. Some of the party's top financiers opted to hold back funds because of Biden's debate with Donald Trump. Vice President Kamala Harris is already seeing a wave of big...
US Olympic Committee hits Logan Paul's drink brand with trademark infringement suit
The U.S. Olympic and Paralympic Committee is suing YouTuber Logan Paul’s energy drink brand, accusing it of trademark infringement just a week ahead of the 2024 Paris Olympics. In a federal lawsuit filed Friday in the District of Colorado, the committee alleges that Paul’s company Prime Hydration used trademarked...
Pope Francis calls for Olympic truce for countries at war, prays for peace
Pope Francis on Sunday voiced his hope that the Paris Olympic and Paralympic Games will provide an opportunity for countries at war to respect an ancient Greek tradition and establish a truce for the duration of the Games. “According to ancient tradition, may the Olympics be an opportunity to establish...
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