Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Polymarket’s volume fell for the second month in a row even as prediction markets see huge growth
Polymarket’s international prediction market saw another slump in notional trading volume for May while its U.S. platform continues to grow.
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Here’s the inflation breakdown for May 2026 — in one chart
Inflation jumped to a three-year high in May as the Iran war continued to fuel higher energy prices.
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Regulators’ proposed prediction markets rules ban trading on terrorism, assassinations
The proposed rules from the commission will now face a public comment period.
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Amazon trucking expansion sparks freight stock selloff
Amazon has been spinning out more of its in-house logistics offerings for others to access, posing a growing threat to industry incumbents.
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Investors are fleeing tech stocks in record numbers
Bank of America clients sold a record $14.2 billion in single stocks last week
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We’re trimming another stock to increase cash ahead of any SpaceX IPO volatility
We’re making our fourth sale this week to bring our cash position close to 12%, in preparation for what we expect will remain a volatile market ahead.
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Inflation is eroding cash returns. Here’s where to park your savings
While inflation is a normal part of the economy, the higher it is, the more your idle cash is losing purchasing power over time.
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Rate hikes are back on the table amid rising prices, Fed officials say—here’s what it means for your money
Just weeks ago, investors were debating when interest rates would fall. Now, some Federal Reserve officials are talking about rate hikes instead.
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AI will help young workers ‘mature’ faster by automating grunt work, Thoma Bravo says, amid youth job crisis
“If you look at our associates, they’re spending a lot less time doing models or comparables than before,” Orlando Bravo, founder of Thoma Bravo, told CNBC.
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Consumer prices rose 4.2% annually in May, highest in three years
The consumer price index was expected to show a 4.2% gain from a year ago, according to the Dow Jones consensus estimate.
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