Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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American Express and Chase move luxury lounge wars beyond the airport
Credit card companies are increasingly offering access to lounges and perks at festivals and sporting events, often exclusively for premium cardholders.
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Manhattan luxury real estate sales hold firm despite fears of a ‘Mamdani effect’
A month after the passage of a tax on second homes in New York City, brokers and analysts said sales of luxury real estate remain strong.
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Trump’s Freedom 250 draws corporate sponsors with business before his administration
Companies with federal interests — including Boeing, Lockheed Martin and Oracle — are sponsoring a Trump-aligned effort celebrating America’s 250th birthday.
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The Tech Download: Amazon’s devices chief Panos Panay on tech giant’s AI gadget push
CNBC’s Arjun Kharpal sits down Amazon’s Panay on the latest episode of The Tech Download podcast.
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Christine Lagarde leaves door open to early ECB exit, as she mulls French politics
The European Central Bank’s Christine Lagarde has declined to rule out an early end to her term as president, as she mulls a foray into French politics.
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Gold prices set for first weekly rise in a month as investors scale back Fed rate hike bets
The metal was boosted as investors scaled back their bets on a looming rate hike.
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Extreme heat wave threatens U.S. power grids and July 4 travel
The heat wave threatens to overwhelm U.S. grids and may force some to change their plans on one of the busiest travel weeks of the year.
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Oman walks a diplomatic tightrope over Strait of Hormuz fees, creating a ‘blind spot’ for markets
Oman is using strategic ambiguity as talks over possible Strait of Hormuz fees raise legal, diplomatic and oil market concerns.
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Weak jobs growth and easing oil prices reinforce expectations for Fed pause, analysts say
U.S. Fed is unlikely to raise interest rates for now, amid lower oil prices and eased tensions in the Middle East, analysts say.
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Safe havens aren’t behaving like they used to. Here’s what’s changed
Traditional safe-haven assets — U.S. Treasurys, the Japanese yen and gold — have struggled to provide protection during this year’s market volatility.
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