Month: September 2025
TikTok deal won’t include ‘golden share’ or equity for U.S., Trump administration says
White House press secretary Karoline Leavitt says that a deal is reached between the U.S. and China where TikTok’s algorithm and data are controlled by America and are majority-owned by Americans in the United States. Mike Campbell | Nurphoto | Getty Images A preliminary deal to keep TikTok alive in the United States will not […]
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Watch new Fed Governor Stephen Miran speak live on the economy and interest rates
[The stream is slated to start at Noon ET. CNBC Television will start the stream when the event begins. Please refresh the page if you do not see a player above.] New Federal Reserve Governor Stephen Miran speaks Monday to the Economic Club of New York to explain his views on the economy and monetary […]
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Better Home & Finance shares more than double after Eric Jackson of Opendoor fame recommends it
Eric Jackson, a hedge fund manager who partly contributed to the trading explosion in Opendoor, unveiled his new pick Monday — Better Home & Finance Holding Co. Shares of Better Home shot up 8.4% after a Jackson post on X touted the stock, after the New York-based mortgage lender soared more than 36% last week. […]
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Nvidia, Macy’s see big sales by execs as market soars to record highs
The stock market scaled to record levels recently, leading some executives at major corporations to cash in. Below is a roundup of some notable stock sales by executives or officers of major companies, filed with the Securities and Exchange Commission last week. These exclude where the filing explicitly says the sale was conducted pursuant to […]
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St. Louis Fed President Musalem sees ‘limited room’ for more interest rate cuts
Key Points St. Louis Fed President Alberto Musalem on Monday reiterated his support for last week’s interest rate cut but said he is wary about going much further. “I believe there is limited room for easing further without policy becoming overly accommodative, and we should tread cautiously” on further reductions, he said. Source
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Pfizer boosts obesity drug prospects with $7.3 billion deal to buy Metsera
Thomas Fuller | SOPA Images | Lightrocket | Getty Images Pfizer on Monday said it would buy weight loss drugmaker Metsera in an up to $7.3 billion deal, including future payments, as it scrambles to win a slice in the booming obesity drug market. Pfizer said it will pay an initial $47.50 a share in […]
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Trump’s H-1B visa fee sparks chaos and confusion among Chinese talents in the U.S.
A Chinese student wearing a New York marathon t-shirt walks at Beijing Foreign Studies University in Beijing on May 29, 2025. Jade Gao | Afp | Getty Images Anger and confusion gripped Chinese professionals in the U.S. after White House leader Donald Trump slapped hefty fees on new work visas, deepening anxiety among those seeking […]
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Oracle names Clay Magouyrk and Mike Sicilia as co-CEOs
The Oracle headquarters in Austin, Texas, on April 24, 2024. Brandon Bell | Getty Images Oracle is promoting its presidents of cloud infrastructure, Clay Magouyrk, and industries, Mike Sicilia, to co-CEOs, the company announced Monday. Safra Catz, the software giant’s current CEO, will serve as executive vice chair on the company board. Shares of the […]
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Stocks making the biggest premarket moves: Metsera, Compass, Kenvue, Fox & more
Check out the companies making headlines before the opening bell : Metsera , Pfizer — The weight-loss drugmaker soared 60% after an announcement it would be bought by Pfizer for $4.9 billion in cash. The deal is expected to close in the fourth quarter. Pfizer shares ticked nearly 3% higher. Anywhere , Compass — Brokerage […]
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Saudi defense pact with Pakistan unlikely to disrupt oil flows to India, source says
An oil tanker delivers at the oil terminal in the harbor on Oct. 10, 2016, in Kochi, India. Kaveh Kazemi | Getty Images News | Getty Images Saudi Arabia’s new mutual defense pact with Pakistan is unlikely to alter Riyadh’s energy relationship with key consumer India, a source told CNBC. Asked whether India would continue […]
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