Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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$100M New Jersey deli fraud defendant Patten wants no prison time despite past conviction
James Patten is the person to be sentenced for a scheme that sent the market capitalization of a company that owned just a small New Jersey deli soaring.
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Cramer’s lightning round: Buy Bloom Energy
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.
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Jim Cramer says he needs ‘cold hard’ proof that AI is paying off
CNBC’s Jim Cramer said he’s looking for companies to start showing measurable financial returns from their AI investments.
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Jim Cramer questions whether Wednesday’s rally in Big Tech will have staying power
CNBC’s Jim Cramer warned that Wednesday’s rally in tech may have gotten carried away from fundamentals.
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Stock futures are little changed as traders await retail sales and labor data: Live updates
Investors are looking ahead to retail sales data and jobless claims for further signs the economy is slowing enough to keep inflation under control.
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Analysis: Fed Chairman Warsh faces an inflation credibility test after Congress hearings
The new Fed chairman avoided major stumbles in two days of testimony before the House and Senate, but faces a rapid test of his commitment to price stability.
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Kalshi traders see gas prices crossing $4 by end of July
Like last month’s average, Kalshi traders see gas prices surpassing $4 by the end of July.
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World Cup gave bars and restaurants a needed boost as consumers flash warning signs, Fed says
The latest edition of the Fed’s beige book indicated that the soccer tournament wasn’t necessarily translating to broader economic growth.
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Warren Buffett believes he’s one of the world’s 10 luckiest people—and it’s inspired his $17 billion-a-year philanthropic philosophy
Warren Buffett believes he owes much of his success and fortune to extreme luck, a perspective that has shaped his philanthropic goals, he says.
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United earnings top estimates but airline expects $6 billion in added fuel costs
United reported higher revenue for premium, corporate and no-frills basic economy tickets and higher revenue for both domestic and international trips.
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