Year: 2025
UK’s long-term borrowing costs hit highest level since 1998
View looking towards the Royal Exchange and in the City of London where the glass architecture of the tower 22 Bishopsgate disappears into mist on 6th November 2024 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images U.K. borrowing costs ticked higher on Tuesday, after an auction of 30-year Treasury gilts brought […]
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Wall Street notches another win as Fed’s Barr clears the way for gentler banking regulator
Federal Reserve Governors Michelle Bowman and Christopher Waller pose for a photo, during a break at a conference on monetary policy at Stanford University’s Hoover Institution, in Palo Alto, California, U.S. May 6, 2022. Picture taken May 6, 2022. Ann Saphir | Reuters The early departure of the Federal Reserve’s top financial regulator allows for […]
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Meta scraps fact-checking program, brings back political content
Meta on Tuesday announced it will eliminate its third-party fact checking program to “restore free expression” and move to a “Community Notes” model, similar to the system that exists on Elon Musk’s platform X. The company said Community Notes will be written and rated by contributing users to provide more context to posts across its […]
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Stocks making the biggest moves premarket: Nvidia, Getty Images, Tesla and more
Check out the companies making headlines before the bell. Nvidia — Shares gained 2.5% after the company announced new gaming chips for PCs utilizing its Blackwell technology at CES in Las Vegas. Getty Images , Shutterstock — Shares of the two image databases were soaring after the companies announced a $3.7 billion merger . Getty […]
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Online holiday spending rises nearly 9%, as deep discounts and AI-powered chatbots fuel purchases, Adobe data says
Alistair Berg | Digitalvision | Getty Images Online spending rose 8.7% during the holiday season from last year, according to data from Adobe Analytics, as deals and the use of AI-powered chatbots helped inspire purchases. Sales on retailers’ websites and apps totaled $241.4 billion from Nov. 1 to Dec. 31, according to Adobe. The company’s […]
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Getty Images, Shutterstock gear up for AI challenge with $3.7 billion merger
Shutterstock chief technology officer James Chou (C) rings the opening bell at the New York Stock Exchange on February 14, 2014 in New York City. D Dipasupil | Getty Images Getty Images said on Tuesday it would merge with rival Shutterstock to create a $3.7 billion stock image powerhouse geared for the artificial intelligence era, […]
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Boeing needs longterm culture, production, & innovation changes, says BofA’s Ron Epstein
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Ron Epstein, Bank of America Securities senior aerospace analyst, joins CNBC’s ‘Squawk Box’ to discuss Boeing’s progress since its door plug blowout last year. Source
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China says 95 dead after 7.1-magnitude earthquake strikes Tibet
HONG KONG — A 7.1-magnitude earthquake struck near one of Tibet’s holiest cities Tuesday, killing at least 95 people, Chinese state media reported. The earthquake, which was recorded just after 9 a.m. (8 p.m. ET Monday), was centered at a depth of nearly 6 miles, according to the U.S. Geological Survey. The tremor, which Chinese authorities […]
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Stellantis reveals redesigned Ram heavy-duty trucks
2025 Ram 2500 Heavy Duty Ram DETROIT — Stellantis has redesigned its large Ram heavy-duty trucks — and it’s betting those updates will help reverse three consecutive years of sales declines for the brand. The new Ram 2500 and 3500 pickups and chassis cab trucks feature updated interior and exterior designs, as well as a […]
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Euro zone inflation rose to 2.4% in December, meeting expectations
A man rides bicycle on a snow-covered street after snowfall in Frankfurt am Main, western Germany, on December 29, 2024. Kirill Kudryavtsev | Afp | Getty Images Annual inflation in the euro zone rose for a third straight month to reach 2.4% in December, statistics agency Eurostat said Tuesday. The reading was in line with […]
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