Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Private payrolls grew by 122,000 in May, stronger than expected, ADP reports
Unlike prior months, where job growth was concentrated in healthcare and a few other sectors, gains were more broad-based.
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The three reasons why oil is staying below $100 a barrel
Power Insider: With so many problems still around Iran and the Strait of Hormuz, why are oil prices so far off from their recent highs?
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Buy this airline stock equipped to handle higher fuel costs, says JPMorgan
The bank initiated coverage of the airline with an overweight rating.
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Stocks making the biggest moves premarket: Blackstone, Marvell Technology, Palo Alto Networks & more
These are the stocks posting the largest moves premarket.
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China, tungsten and a supply shock in metal critical for war that will last far beyond Iran conflict
Simultaneous wars in Ukraine and Iran have depleted sources of tungsten, a largely obscure metal that is critical to munitions and industrial production.
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France’s Macron invites Sam Altman to attend G7, OpenAI tells CNBC
French President Emmanuel Macron has looked to win over tech bosses amid hopes to boost AI capability.
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Eli Lilly’s top dealmaker says don’t be surprised to see more M&A that pushes Lilly into new areas
Eli Lilly’s new top dealmaker explains how the company changed its approach to M&A now that it’s the most valuable pharmaceutical company in the world.
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Mortgage rates are easing slightly, but homebuyers are retreating
Mortgage rates fell slightly last week, but neither current homeowners nor potential homebuyers were inspired. Demand for mortgages fell overall.
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Macy’s posts strongest Q1 growth in four years, raises guidance despite consumer worries
Macy’s has been in the midst of a turnaround under CEO Tony Spring, who has worked to close underperforming stores and reinvest in ones worth keeping open.
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KKR, Ares, Blackstone tumble premarket as Partners Group caps private equity fund withdrawals
U.S. private markets firms fell in premarket trading, as concerns over redemption pressure returned to the spotlight.
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