Month: October 2024
IMF chief warns ‘not yet time to celebrate’ as low growth and high debt weigh on global economy
The head of the International Monetary Fund cautioned on Thursday that high debt and low growth remained major impediments to the global economy. IMF Managing Director Kristalina Georgieva told CNBC that while notable progress had been made in the global economic recovery, governments had become too accustomed to borrowing, with “anemic growth” adding to the […]
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Universal’s Epic Universe theme park set to open in May 2025
Concept rendering of Universal Orlando Resort’s newest theme park: Epic Universe. NBC Universal Universal‘s Epic Universe theme park will open its gates on May 22 in Orlando, Florida,. Epic Universe is the company’s fourth theme park, spanning 750 acres, and is the largest of all its properties, with five themed worlds: The Wizarding World of […]
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Netflix earnings are after the bell. Here’s what to expect
Nurphoto | Nurphoto | Getty Images LOS ANGELES — Netflix is due to report third-quarter earnings after the closing bell Thursday. Wall Street will be paying close attention to details surrounding the company’s advertising-supported business model, upcoming live sporting events and the continued effects of its password crackdown on subscriber numbers. After all, this is […]
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Uber not in active bid talks with Expedia
CNBC’s Deirdre Bosa reports on news from Uber and Expedia. Source
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Unity’s new CEO pitches ‘fundamentally different company’ after rough year
Pavlo Gonchar | Lightrocket | Getty Images Five months into his tenure as CEO of Unity Software, Matt Bromberg is overseeing his first big product launch as he tries to push the company past an extended stretch of challenges. On Friday, the video game software company announced the sixth version of its flagship product, Unity […]
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Uber has discussed a bid for travel booking company Expedia
Uber discussed a bid for travel booking company Expedia, CNBC confirmed, in a deal that would push the ride-share company into new markets beyond car travel and food delivery. The talks were in early stages, according to a person familiar with the discussions who asked not to be named since the talks are confidential. It […]
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European markets close higher after ECB cuts rates for the third time this year
‘Probably more downside risk than upside risk’ to inflation forecast, Lagarde says There is “probably” more downside than upside risk to the ECB’s inflation forecast, the group’s President Christine Lagarde told CNBC’s Annette Weisbach during the post-decision press conference. Asked about recent warnings that the ECB now faces a return of its old challenge of […]
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Israeli military says it is investigating the possible killing of Hamas leader Yahya Sinwar
People are reflected in a window displaying a poster of newly appointed Hamas leader Yahya Sinwar. Chris Mcgrath | Getty Images News | Getty Images The Israeli military on Thursday said it was investigating the “possibility” that Hamas leader Yahya Sinwar was among three militants killed in an operation in the Gaza Strip. The Israeli […]
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Nvidia stock rises to new record, exceeding June high as AI trade is rekindled
Jensen Huang, co-founder and CEO of Nvidia, speaks during an event in Taipei, Taiwan, on June 2, 2024. Annabelle Chih | Bloomberg | Getty Images Shares of Nvidia rose to a new record Thursday as investors piled back in to the artificial intelligence trade, which had stalled a bit since the summer. The stock rose […]
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Why 401(k) plans are the ‘final frontier’ for exchange-traded funds
ETF Strategist Why 401(k) plans are the ‘final frontier’ for exchange-traded funds Published Thu, Oct 17 202410:49 AM EDT Greg Iacurci@GregIacurci WATCH LIVE Source
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