Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Trump revives effort to fire Fed’s Lisa Cook
Trump aide Dan Scavino told Cook there is “sufficient reason to believe that you made false statements on one or more mortgage agreements.”
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A huge day and week for Corning as the S&P 500 approaches another record high
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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Stocks making the biggest moves midday: SpaceX, Coherent, Atlassian, Airbnb, Trade Desk & more
Here are some of the companies making headlines in midday trading.
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Berkshire earnings may prove stock is cheap. And that Abel and Buffett think so too
Berkshire may have repurchased roughly $8.5 billion of its own stock from April 15 through July 14, according to UBS.
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Trump teased an Iran deal that didn’t come, but markets soared. Here’s why it keeps happening
As oil reserves and munitions stockpiles reportedly dwindle, analysts wonder how much longer markets will pounce when the Trump admin. dangles an Iran deal.
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Here are three key takeaways from the disappointing July jobs report
Nonfarm payrolls in the U.S. unexpectedly declined in July, but so did the unemployment rate, leaving investors with mixed signals.
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Chesky says Airbnb will spend ‘a lot more’ on AI as earnings beat and stock surges 15%
Airbnb CEO Brian Chesky wasn’t sure AI would help the company, but a year later, he says it’s the reason growth is back.
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Gulf uncertainty is creating ‘win, win’ strategy with Chevron and other oil majors
With options premiums still elevated due to the military conflict in the Gulf, selling puts on an energy major posting record free cash flow offers a rare opportunity.
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Social isolation can inhibit your wellbeing and success. ‘You need to make time for people,’ says expert
‘You need to find ways around’ these barriers, says professor of communication at Kansas University Jeffrey Hall.
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Bank of America says bullishness highest since 2021. So it’s time to bail on ‘risk assets’
The high level of investor bullishness is a signal to retreat from risk assets and rotate towards less vulnerable investments, the bank said.
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