Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Homes are selling below asking in 38 of the 50 biggest U.S. cities—if you can afford one
Home sellers in many of the largest U.S. cities are accepting offers below asking as higher mortgage rates squeeze buyers’ budgets.
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Private equity is circling budget airlines after Apollo’s EasyJet deal — and this carrier could be next
Private equity investors could target more undervalued airlines following Apollo’s swoop for EasyJet.
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U.S. economy unexpectedly lost 23,000 jobs in July
Nonfarm payrolls were projected to increase by 83,000 in July while the unemployment rate held steady at 4.2%, according to the Dow Jones consensus.
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JPMorgan upgrades Etsy, sees turnaround story taking stock another 20% higher
Etsy reported strong sales growth during its second-quarter earnings report this week, which could give its stock more room to run, per JPMorgan.
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K-shaped economy shows up in housing: Luxury sales rise as starter-home buyers struggle
Even as luxury homes fly off the market, sales of starter homes are down despite growing inventory and more price cuts, research shows.
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July jobs report, Airbnb earnings, fuel prices and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
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Companies scoff at airlines’ cheapest business class tickets. ‘The real value is flexibility’
Some companies plan to shun the cheapest business- and premium- economy fares from their executives.
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Stocks making the biggest moves premarket: Atlassian Corporation, Wendy’s, Vista Corp, First Solar, Airbnb & more
These are the stocks posting the largest moves premarket.
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Citi downgrades airline stock to ‘sell’ worries about leisure travel
Citi downgraded JetBlue Airways to sell from hold, citing headwinds for leisure travel, among other challenges for the airline stock.
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China is gaining ground in AI. But the U.S. still has a major advantage
Chinese AI companies have made recent leaps in closing the performance gap with U.S. frontier labs.
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