Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Trump to slap ‘sweeping’ new tariffs on 60 trade partners as global duties expire
The Trump administration has ramped its tariff actions back up since the president’s trade agenda suffered major legal setbacks earlier this year.
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Oracle signs 10-year software contract with Pentagon worth up to $7 billion
Oracle will supply on-premises software to the U.S. Department of Defense.
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Stocks making the biggest moves after hours: Intel, AMD, Boston Beer, Deckers & more
These are the stocks posting the largest moves after the bell.
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Southwest Airlines put Texas jet fuel on a boat to LA for the first time amid supply worries
Southwest hired a ship this spring to send fuel from Houston to Los Angeles in case of supply shortages.
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Intel’s stock jumps 11% as chipmaker rides AI boom to fastest revenue growth in almost 15 years
Intel rallied after the company reported blowout earnings and guidance.
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OpenAI’s Hugging Face hack triggers ‘AI Kill Switch’ bill in Congress
OpenAI disclosed this week that some of its AI models went rogue and hacked into open-source developer platform Hugging Face.
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DOJ withdraws subpoenas to NY Times reporters in Trump plane probe
The subpoenas to New York Times reporters were issued by Manhattan U.S. Attorney Jay Clayton, whom Trump has nominated as director of national intelligence.
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IBM’s Krishna tries to reassure investors that AI won’t disrupt company’s software unit
IBM’s CEO highlighted growing mainframe hardware capacity, and said software should “catch back up” within a year.
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Josh Brown says the stock market is ‘broadening out.’ Here’s how to play it
A few insurance and industrial stocks could offer investors strong returns as the market broadens out beyond the AI trade, according to Josh Brown.
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The No. 1 way Americans spend their free time: It’s ‘always been a huge part’ of our culture
Americans spend an average of about two and a half hours per day watching TV, according to the American Time Use Survey.
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