Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Analysis: Trump said he loves inflation. Why that should be music to Kevin Warsh’s ears
The president said Wednesday he is happy with inflation at 4.2%. That will be welcome news for new Fed Chair Kevin Warsh.
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Citigroup shares outperform down market after Trump endorsement
Jane Fraser-led Citi fell 1%, less than the rest of the market and some other major banks, after Trump lauded its turnaround in a social media post.
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Bisignano says Social Security Administration’s phone helpline wait times have reached a record low
Long waits when calling the Social Security Administration’s 800 number have been a legacy issue. Commissioner Frank Bisignano said he’s changing that.
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Oracle beats on earnings, but stock drops on plans to raise another $20 billion
Oracle reported better-than-expected earnings and revenue for its fiscal fourth quarter.
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USDA’s Rollins called screwworm a ‘little pest’ amid U.S. spread. Last year, she called it ‘terrifying’
The U.S. agriculture secretary is downplaying the threat posed by the spreading screwworm now compared with her more dire remarks last year.
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Trump keeps saying an Iran deal is close. Markets keep believing it
Analysts still assume that, despite the continued conflict, a deal will eventually be reached that ends the war and reopens the Strait of Hormuz.
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These stocks pay attractive dividends and offer ‘turmoil insurance’
Investors looking for stability in times of volatility often turn to dividend stocks — including real estate investment trusts. Here is one analyst’s top picks.
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Starbucks stock is a bright spot in Wednesday’s bleak market. Here’s why
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
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Nike has limited time to prove itself, especially after a tough analyst downgrade
Nike is on borrowed time if it cannot prove itself in its next quarterly report.
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Unique SpaceX IPO is hedging challenge for Wall Street: ‘What are you going to do, short NASA?’
Millbank Dartmoor Portsmouth CIO Dennis Davitt says he hasn’t seen anything like the SpaceX IPO since 2004. Investors are nervous about their positions.
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