Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Jeffrey Epstein’s former assistant Lesley Groff interviewed by House panel
Groff worked for Epstein for nearly 20 years, and her name appears more than 150,000 times in the Epstein files released by the Department of Justice.
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Social Security retirement trust fund may be depleted in 2032, new trustees report finds
The Social Security Administration has released a report with new projections as to when the trust funds that help pay benefits may be depleted.
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Apple shares slide after big Siri AI reveal
Apple unveiled new artificial intelligence software at WWDC, highlighted by its long-awaited update to Siri.
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We’re booking more profits in a tech stock as the market wobbles ahead of a big IPO
We’ll realize a gain of about 90% on shares bought in April.
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36-year-old’s fitness company was ‘a week away’ from bankruptcy—now it’s valued at $10.1 billion
Whoop was born from founder and CEO Will Ahmed’s obsession with tracking his own fitness and recovery as a college athlete.
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Energy Secretary Chris Wright says traffic in Strait of Hormuz is rising ‘very meaningfully’
Wright said that describing the volume of oil exports out of Hormuz as increasing is a “fair statement.”
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Trump family got about $500M from crypto venture — but investors saw steep losses
Eric Trump and Donald Trump Jr. celebrated a deal with Alt5 Sigma that generated roughly $500 million for the Trump family. The company’s shares are down 93%.
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How to hedge your portfolio against the Nasdaq-100 using QQQ put spreads
Overbought readings do not predict when the pullback happens, but they do tell you that when it comes, it is likely to be sharp. Friday was a good example.
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Home sales surged in May to the highest level since December
Home sales rebounded in May as mortgage rates dropped back a bit in April, but prices are still rising.
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JPMorgan Chase plans to deploy more powerful AI agents this year
JPMorgan Chase’s move suggests long-running AI agents are close to clearing the security and governance hurdles that have slowed adoption inside big companies.
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