Tag: business news
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Warren questions SpaceX IPO oversight in new letter to stock indexes
Sen. Elizabeth Warren seeking answers on changes to index provider waiting periods, protections for retail investors, in a letter obtained first by CNBC.
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Nearly 7 million student loan borrowers remain in defunct Biden-era payment plan: Trump official
Millions of student loan borrowers who’ve lingered in the SAVE plan are at risk of getting billed unaffordable payments and eventually falling into default.
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SpaceX cuts retail IPO allocation to low 20% range, source says
The Elon Musk-led company plans to direct a percentage in the low 20s of the offering to retail buyers, according to a person familiar with the matter.
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Trump picks former SEC Chairman Jay Clayton as national intelligence director
Skip NavigationMarketsBusinessInvestingTechPoliticsVideoWatchlistInvesting ClubPROLivestreamMenu President Donald Trump on Thursday said that he is nominating Jay Clayton to become the next permanent director of national intelligence. Clayton
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CNBC Sport: The plan for this year’s World Cup to revolutionize Major League Soccer
MLS Commissioner Don Garber is banking on this year’s World Cup to change the trajectory of American soccer.
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Pimco is warning about a spike in defaults — How it says income investors should position portfolios
Pimco is warning fixed-income investors to stay away from lower-quality credit, but sees plenty of opportunities in high-quality assets.
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Insurance stocks — especially one name — are about to break out, charts show
Jay Woods of Freedom Capital Markets says insurance stocks have been trending sideways for years but charts show that is changing.
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Coinbase launches tool to let AI agents manage trading and payments
Coinbase is betting that AI agents will become the primary interface for people’s financial activity.
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BMO raises S&P 500 year-end target citing ‘unprecedented’ earnings growth
BMO Capital’s new year-end S&P 500 target of 7,850 implies that the benchmark index could rise 8% from here.
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OpenAI to acquire Ona to support its AI coding assistant, Codex
Ona’s technology will allow OpenAI’s coding assistant, Codex, to take on longer-running tasks, OpenAI said.
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