Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Consumer prices rose at 3.7% annual rate in September as gas costs skyrocket
The consumer price index was expected to increase 0.6% in September on a monthly basis and 3.6% from a year ago, according to the Dow Jones consensus forecast.
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Iran says it’s ‘counting the moments’ until it can attack U.S. warships; Saudi Aramco facilities attacked
Meanwhile, Saudi Arabia’s Aramco reportedly came under fresh attack overnight.
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Here are Wednesday’s biggest analyst calls: SpaceX, Nvidia, Apple, Meta, Brinker, Kontoor Brands & more
Here are Wednesday’s biggest calls on Wall Street.
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‘Office’ is actually having a scarcity problem
The U.S. office market is roaring back to health but its speedy recovery is resulting in a shortage, especially of premium space.
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A recovery in lithium demand will drive this stock higher, Mizuho says
The investment bank upgraded the lithium miner to outperform from neutral.
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Stocks making the biggest moves premarket: Bank of America, BlackRock, HPE & more
These are the stocks posting the largest moves premarket.
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Morgan Stanley tops estimates as equities trading revenue exceeds expectations by $909 million
Morgan Stanley is expected to benefit from robust investment banking and equities trading revenue.
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Delta’s business-class revamp: New seats, menus, plates and more Porsches
Delta is upgrading its top-tier Delta One cabin with new suites for its largest A350 plane, starting next year.
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Tech giants race to get AI gadgets on shelves for holiday rush
With the holidays just a couple months away, tech companies are betting this is finally the year that AI gadgets make the shopping list.
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Even more borrowers choose riskier mortgages, as higher interest rates crush affordability
Interest rates on mortgages continue to rise, leaving some buyers to choose riskier, adjustable-rate mortgages to find savings.
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