Year: 2025
Fed Governor Bowman says December interest rate cut should be the last
Key Points Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but said the December reduction should be the “final step” in the easing process. Even with the full percentage points of cuts from September through December, there are still “upside risks to inflation,” she added. Other Fed speakers this […]
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Los Angeles wildfires latest: Nearly 180,000 people under evacuation orders, county sheriff says
Oscar nominations delayed amid wildfires Preparations continue along Hollywood Blvd for the 96th Academy Awards Awards in Los Angeles, California U.S., March 8, 2024. Mike Blake | Reuters The Academy of Motion Picture Arts and Sciences has delayed the nomination voting period for the 97th Oscars Ceremony by two days. The delay will push the […]
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Elon Musk promotes far-right Alternative for Germany candidate, hosts discussion on X
Alice Weidel, co-leader of the far-right Alternative for Germany (AfD) political party, arrives to speak to the media with AfD co-leader Tino Chrupalla shortly after the AfD leadership confirmed Weidel as the party’s candidate for chancellor on December 07, 2024 in Berlin, Germany. Maryam Majd | Getty Images Elon Musk used his social network X […]
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Photos show former President Jimmy Carter’s state funeral
A picture of U.S. President Jimmy Carter is seen as members of the public sign a condolence book in the U.S. Capitol Visitor Center on Jan. 8, 2025 in Washington, DC. Kevin Dietsch | Getty Images American politicians, foreign dignitaries and family members honored former President Jimmy Carter at a state funeral held Thursday at […]
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Gold is poised for a new bullish phase, according to the charts. Here are the levels to watch
While most investors were focused on the solid uptrends of the S & P 500 and Nasdaq in 2024, it’s worth remembering that gold pretty much matched the performance of the equity benchmarks through the course of the year. With stocks facing renewed headwinds in the new year, gold just may be the way to […]
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Microsoft contributes $1 million to Trump’s inauguration fund
President Donald Trump shakes hands with Microsoft CEO Satya Nadella during an American Technology Council roundtable at the White House in Washington on June 19, 2017. Nicholas Kamm | AFP | Getty Images Microsoft said Thursday that it’s contributing $1 million to President-elect Donald Trump’s inauguration fund. The software maker is now more closely aligned […]
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Ubisoft appoints advisors to explore strategic options after report on potential buyout
Artwork for Ubisoft’s upcoming “Assassin’s Creed Shadows” game. John Keeble | Getty Images French video game publisher Ubisoft said Thursday it’s appointing advisors to review and pursue strategic options after a report last year suggested that its majority backers were considering a buyout. Ubisoft said in a strategic update that “leading advisors” had been hired […]
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CNBC’s Inside India newsletter: Stocks have ‘bottomed out.’ Here’s what 2025 has in store
A man stands at his makeshift vegetable shop at a temporary open-air market in Samastipur, Bihar, India, on november 29, 2024.(Photo by Bilal Kuchay/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging […]
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Billionaire Frank McCourt’s Project Liberty bids for TikTok ahead of Supreme Court arguments
Jakub Porzycki | Nurphoto | Getty Images Just 10 days before the U.S. ban on TikTok goes into effect, businessman Frank McCourt’s internet advocacy nonprofit Project Liberty announced Thursday it has submitted a proposal to buy the social media site from Chinese technology company ByteDance. Project Liberty and its partners, known as “The People’s Bid […]
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Watch live: Biden to deliver eulogy at Jimmy Carter’s state funeral
[The stream is slated to start at 9:30 a.m. ET. Please refresh the page if you do not see a player above at that time.] President Joe Biden will deliver a eulogy Thursday morning at the state funeral for former President Jimmy Carter. The speech at the Washington National Cathedral will serve as one of […]
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