Month: September 2024
Bitcoin on pace for strongest September ever as investors weigh economic outlook: 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, Bill Barhydt […]
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Powell indicates further rate cuts, but insists the Fed is ‘not on any preset course’
US Federal Reserve chairman Jerome Powell holds a press conference in Washington, DC, on September 18, 2024. Mandel Ngan | AFP | Getty Images Federal Reserve Chair Jerome Powell said Monday that the recent half percentage point interest rate cut shouldn’t be interpreted as a sign that future moves will be as aggressive. Instead, the […]
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These U.S. stocks do the best during periods when China stimulates its economy, according to Trivariate Research
Trivariate Research is laying out some U.S. companies that could win big in China’s latest stimulus deal. Last week, China’s central bank released a raft of support measures to help stimulate economic growth and boost a struggling real estate market in the second-largest economy in the world. The measures included cutting the amount of cash […]
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EchoStar to sell Dish to DirecTV, combining major pay-TV providers
Hamid Akhavan, EchoStar CEO, speaking on CNBC’s “Squawk on the Street” on Sept. 30, 2024. CNBC EchoStar is selling its Dish TV provider and digital business Sling to rival DirecTV in a deal announced Monday that brings together two of the largest pay-TV providers, and sent EchoStar shares plunging 10%. DirecTV agreed to pay a […]
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Watch Fed Chair Jerome Powell speak live on economy, policy views
[The stream is slated to start at 1:55 p.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell is set to speak Monday to the National Association for Business Economists during the organization’s annual conference in Nashville. The central bank chair is delivering […]
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Why the Fed’s rate cut won’t immediately help car buyers or sales
Alex Tovstanovsky, owner of used-car dealer Prestige Motor Works, checks on inventory with his general manager Ryan Caton in Naperville, Illinois, May 28, 2020. Nick Carey | Reuters DETROIT — The Federal Reserve’s decision to cut interest rates for the first time in more than four years is expected to eventually boost new vehicle sales, […]
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Hurricane Helene: Trump to speak in Georgia, bashes Harris for not traveling there
Republican presidential nominee, former U.S. President Donald Trump gives brief statements as he arrives at Valdosta Regional Airport to visit areas affected by Hurricane Helene on September 30, 2024 in Valdosta, Georgia. Michael M. Santiago | Getty Images Republican presidential nominee Donald Trump is set Monday to deliver remarks and help hand out supplies in […]
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Education Dept. extends deadline for defaulted student loan borrowers to get current
The US Department of Education building is seen on August 21, 2024 in Washington, DC. Tierney L. Cross | Getty Images News | Getty Images The U.S. Department of Education has extended the deadline for its Fresh Start program for defaulted student loan borrowers until Wednesday morning, according to an agency spokesperson. Borrowers who apply […]
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Stocks making the biggest moves midday: EchoStar, CVS Health, Stellantis and more
Check out the companies making headlines in midday trading: Nio — The U.S.-listed shares of the Chinese electric vehicle maker climbed 9.5% after Nio announced a 13.3 billion yuan cash injection for its Nio China business. The transactions are expected to be completed by year-end, and will reduce Nio Inc.’s stake in Nio China to […]
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Watch CNBC’s full interview with Carnival CEO Josh Weinstein
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Carnival CEO Josh Weinstein joins CNBC’s ‘Money Movers’ to discuss the company’s third-quarter earnings beat, how it plans to continue to grow and maintain strong consumer demand, and more. Source
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