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Investors are now betting that the Federal Reserve will cut interest rates just once more this year, a drastic shift in expectations since late 2024.
Tuna sold in 26 states and in Washington, D.C., was recalled over concerns that it may have been contaminated. The stores affected include Trader Joe’s, Genova, Van Camp’s and H-E-B.
The visit by Scott Bessent will be the first by a Trump official since the president’s return to office and comes amid uncertainty about the future of U.S. support for Ukraine.
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U.S. Treasury yields rose on Wednesday after the January consumer inflation report.
The consumer price index was expected to increase 0.3% in January, according to the Dow Jones consensus estimate.
The Consumer Price Index rose 3.0 percent from a year earlier as food and energy prices picked up.
President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.
Trump again switched positions on the Fed, indicating in a social media post Wednesday that interest rates need to come down.
Dispelling doubts, the billionaire showed off his unprecedented power to disrupt and remake the government — with President Trump’s blessing.
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It caps off the first full quarter with David Joyner, a longtime CVS executive, as CEO of the troubled retail drugstore chain.
London-based fintech Zepz is laying off around 200 IT workers as part of a major redundancy plan, two employees impacted by the move told CNBC.
This could clear the way for another rate cut by the Reserve Bank of India, which slashed rates from 6.5% to 6.25% after its monetary policy meeting on Feb. 7.
President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.
The actor, who spent his childhood in “The Wonder Years,” has established a watch assessment service.
The far-right Alternative fuer Deutschland (AfD) is dominating polls in East Germany just weeks before the federal election on Feb. 23.
Investors seem to be growing worried that Elon Musk, for all his business acumen, is getting distracted, with his fingers in too many pies.
SoftBank Group posted a surprise quarterly loss Wednesday and the Japanese company's revenue also missed analysts' estimates.
Europe is looking to be a part of the conversation around AI leadership and innovation that has so far been dominated by the U.S. and China.
As two-way trade expands, India’s surplus is growing. President Trump is expected to press Prime Minister Narendra Modi to lower tariffs.
Baidu plans to release the next generation of its model for powering generative AI applications in the second half of this year, according to a source familiar with the matter.
CATL is also listed on the Shenzhen stock exchange, boasting a market cap of $150.5 billion. The battery giant supplies big automakers like Tesla.
Investors seem to be growing worried that Elon Musk, for all his business acumen, is getting distracted, with his fingers in too many pies.
The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying a home insurance crisis.
Investor Kingsley Jones names his favorite investment bank stocks and says "Wall Street, in general, will do quite well" under Trump.
Super Micro expressed confidence it will meet a key SEC deadline this month and hit $40 billion in revenue in fiscal 2026.
Tesla shares fell 6% on Tuesday and have dropped for five straight days, wiping out over $200 billion in market cap.
Relying on AI can mean using fewer cognitive skills, which can lead to a deterioration over time.
Amazon has continued to tweak its physical store footprint over the years, opening and closing bookstores, cashierless convenience marts and clothing stores.
"We play by the rules. If there is an international sanction, which is anchored, we would not want to go around it," the oil minister told CNBC.
The language app posted the news on social media Tuesday.
Musk, the world's richest man and the leader of Tesla, SpaceX and X, contributed more than $250 million to getting Trump elected.
Federal prosecutors and securities regulators have gone after large companies for violations of the Foreign Corrupt Practices Act, which prohibits them from bribing foreign officials.
Jrue Holiday's partnership with Rhone is built on authenticity, aligning his values of mental fitness and community impact with the brand's mission.
The executive, Jim Farley, said President Trump’s tariff and auto policies would raise costs and could force the automaker to cut jobs.
Super Bowl 59 attracted 127.7 million viewers across Fox's broadcast network as well as streaming platforms, according to Nielsen.
In a memo to OpenAI employees on Tuesday, CEO Sam Altman said the board hasn't received an official offer from Elon Musk regarding a potential purchase.
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The billionaire hedge fund founder's comments came after Trump on Monday evening signed an order that would impose 25% tariffs on steel and aluminum imports.
Job cuts affected about 3,600 Meta employees globally.
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Trump's post suggested the two leaders could discuss pathways to ending the conflict.
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Government investigations into Mr. Musk’s companies are stalling from President Trump’s firings and Biden administration resignations.
President Donald Trump's tariffs, implemented or just threatened, are causing "chaos" for the U.S. automotive industry, according to Ford Motor CEO Jim Farley.
Matthew Gasda directs his new play, which was inspired by Sam Altman’s 2023 ouster from OpenAI.
Branson's 'osmosis'-like mentorship helped Felts become the leader he is today.
Altman said Musk was trying to slow down OpenAI's progress with his bid.
Powell called the economy "strong overall" with a "solid" labor market and inflation that is easing but still above the Fed's 2% goal.