Day: August 13, 2024
These 4 Japanese stocks are trading at a ‘deep discount’: Bernstein
Japan’s stock market has rebounded from last week’s sell-off and investment firm Bernstein sees promise looking ahead, recommending a specific trading strategy and naming overweight-rated stocks. Japan’s broad-based Topix index plunged 12.23% on Aug. 5 and the benchmark Nikkei 225 index fell 12.4% — its worst decline since 1987′s “Black Monday.” Both indexes have since […]
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Inside the tax battles Tim Walz fought — and won — in Minnesota
U.S. Vice President and Democratic presidential candidate Kamala Harris and her running mate Minnesota Governor Tim Walz walk as they prepare to depart at Chippewa Airport in Eau Claire, Wisconsin, U.S., August 7, 2024. Kevin Mohatt | Reuters Six years before Tim Walz was tapped to be Vice President Kamala Harris’ running mate, he was […]
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U.S. approves $20 billion in weapons sales to Israel amid threat of wider Middle East war
Israeli Prime Minister Benjamin Netanyahu speaks to reporters alongside Speaker of the House Mike Johnson (R-LA) at the U.S. Capitol Building on July 24, 2024 in Washington, DC. Anna Moneymaker | Getty Images The U.S. has approved $20 billion in arms sales to Israel, including scores of fighter jets and advanced air-to-air missiles, the State Department […]
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Top Republicans call on Trump to stop insulting Harris, refocus on policy
Republican presidential candidate former President Donald Trump speaks during a press conference at his Mar-a-Lago estate on August 08, 2024, in Palm Beach, Florida. Joe Raedle | Getty Images Former President Donald Trump is facing a wave of calls from Republican supporters to focus his political attacks against Vice President Kamala Harris on policy critiques, […]
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Coinbase urges SEC to rethink rule change that brings DeFi under its jurisdiction: CNBC Crypto World
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Mar Gimenez […]
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Texas judge in X’s lawsuit against advertisers recuses himself after report he owned Tesla stock
Jaque Silva | SOPA Images | Lightrocket | Getty Images The judge overseeing X’s lawsuit against advertisers has recused himself following a news report that showed he owned shares of Tesla. In a recusal notice dated Aug. 13, U.S. District Judge Reed O’Connor in Texas backed out of X’s case against the World Federation of […]
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These banks are cutting CD and savings rates. Where to park your cash to grab yield
As the Federal Reserve rate cuts near, investors will likely soon see the juicy yields on their cash start to tumble. In fact, banks have already started to slash their payouts. Last week, three online banks cut their 1-year CD rates, according to BTIG. The biggest decline came from Capital One , which decreased its […]
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Wednesday’s big CPI inflation report could mark a change in thinking for the Fed
Product prices as seen at Walmart. Courtesy: Walmart The news Tuesday was good for inflation, and investors hope it will get even better Wednesday when the Labor Department releases the July consumer price index report. With the score being one down, one to go on confirming that the early-year jump in prices either was a […]
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Google launches first AI-powered Android update and new Pixel 9 phones
Google announced its first smartphone fully powered by its AI “Gemini” system. Google on Tuesday announced new artificial intelligence features that are coming to Android devices. The move to bring its Gemini AI assistant to supported devices shows again how Google aims to put its AI in front of consumers before Apple, which will launch […]
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Home Depot may need an interest rate cut to boost its sales
A sign is seen posted on the exterior of a Home Depot store on February 21, 2023 in El Cerrito, California. Justin Sullivan | Getty Images Just like Wall Street, Home Depot is closely watching the Federal Reserve’s next move. In an interview with CNBC, Chief Financial Officer Richard McPhail said homeowners have postponed moving […]
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