Year: 2025
Healthy Returns: Eli Lilly’s chief scientific officer breaks down the latest obesity pill data
The Eli Lilly headquarters in Indianapolis, Indiana, on Aug. 15, 2024. AJ Mast | Bloomberg | Getty Images A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. Eli Lilly‘s closely watched obesity pill is inching closer […]
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Taylor Swift is engaged to NFL star Travis Kelce
Pop superstar Taylor Swift is engaged to NFL star Travis Kelce, according to Instagram posts on their official accounts on Tuesday. The couple has dated for the past two years. “Your English teacher and your gym teacher are getting married,” the Instagram post caption said. Kelce has won three Super Bowl rings as a tight […]
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How BlackRock and Goldman Sachs are bringing Wall Street’s hottest asset class to 401(k)s
Wall Street’s largest firms are championing a new cause. They are bringing alternative assets — once reserved for the ultra-wealthy — to the portfolios of individual investors. Chief among the proponents are BlackRock and Goldman Sachs. But, as is usually the case in investing, the potential of greater returns comes at a risk. “The alternative […]
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Stocks making the biggest moves midday: EchoStar, Brown-Forman, Semtech, Oklo and more
Check out the companies making the biggest moves midday: Semtech — The semiconductor maker rallied 17% on better-than-expected second-quarter results and strong third-quarter revenue guidance. The company posted a Q2 profit of 41 cents per share, excluding certain items, on revenue of $27.6 million. Analysts expected earnings of 40 cents per share on revenue of […]
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Here’s what happened to financial markets after Nixon pressured the Fed
Investors wondering what President Donald Trump’s move to fire Federal Reserve Governor Lisa Cook might mean for financial markets today can look back half a century for some insight. President Richard Nixon, aiming to clinch a second term in the White House, pressured then-Fed Chair Arthur Burns to loosen monetary policy before the 1972 election. […]
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Trump says ‘Cracker Barrel should go back to the old logo’
A Cracker Barrel sign featuring the old logo hangs on the outside of a restaurant on August 21, 2025 in Homestead, Florida. Joe Raedle | Getty Images President Donald Trump weighed in Tuesday on the controversial rebranding of Cracker Barrel Old Country Store, writing that, “Cracker Barrel should go back to the old logo, admit […]
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Apple announces launch event on Sept. 9, iPhone 17 expected
Apple announces an iPhone event on Sept. 9. Courtesy: Apple Apple on Tuesday sent invites to the media and analysts for a launch event at its campus on September 9 at 10 A.M pacific time. The tagline on the invite is: “Awe dropping.” Apple is expected to release new iPhones, as it usually does in […]
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Trump’s Cook firing will likely end up in the Supreme Court’s hands
Key Points President Donald Trump’s attempt to fire Fed Governor Lisa Cook will likely end up before the Supreme Court, Wall Street economists and analysts say. The Federal Reserve Act allows presidents to remove Fed governors “for cause,” but the statute is ambiguous about what this means. If Trump successfully ousts Cook, he would be […]
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Fed mum on whether Lisa Cook is at the office after Trump removed her from board
The Board of Governors of the Federal Reserve System building in Washington D.C. on Aug. 26, 2025. Erin Doherty | CNBC The Federal Reserve was mum on Tuesday when asked whether Fed Board Governor Lisa Cook was at her office — or working remotely — a day after President Donald Trump said he had fired […]
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Lisa Cook will sue over Trump firing from Fed board, her lawyer says
Lisa Cook, governor of the US Federal Reserve, during a Fed Listens event in Washington, DC, US, on Friday, March 22, 2024. Al Drago | Bloomberg | Getty Images Federal Reserve Board Governor Lisa Cook will file a lawsuit challenging her removal by President Donald Trump, her attorney said Tuesday. “President Trump has no authority […]
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