Year: 2025
Private credit is becoming more accessible to retail investors. What to know about this booming asset class
A new exchange-traded fund is bringing private credit to the masses and could open the door to more products following suit. The ETF from State Street and Apollo Global Management, SPDR SSGA Apollo IG Public & Private Credit ETF (PRIV) , launched last Thursday . It aims to have at least 80% of its assets […]
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Trump dashes hope for last-minute Canada and Mexico deal ahead of 25% tariffs
U.S. President Donald Trump makes an announcement about an investment from Taiwan Semiconductor Manufacturing Company (TSMC), in the Roosevelt Room at the White House in Washington, D.C., U.S., March 3, 2025. Leah Millis | Reuters President Donald Trump said that the U.S. will impose 25% tariffs on Canada and Mexico on Tuesday, scrapping hopes of […]
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Inflation will move toward 2% target, but risks to outlook are rising, says Fed’s Musalem
Key Points During a keynote address at the National Association for Business Economics conference, Musalem noted that his baseline case is for inflation to gradually move toward the central bank’s 2% target. However, “near-term inflation expectations have risen substantially over the last few weeks, and that’s something I’m watching closely,” Musalem added. Source
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Watch live: Trump expected to announce $100 billion investment in U.S. by TSMC
[The stream is slated to start at 1:30 p.m. ET Please refresh the page if you do not see a player above at that time.] President Donald Trump is expected Monday to formally announce a planned $100 billion investment in the United States by chip manufacturer Taiwan Semiconductor Manufacturing Co. The investment will build “cutting-edge […]
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Serena Williams joins WNBA ownership group in Toronto
Serena Williams, one of sport’s greatest champions, joins Canada’s first WNBA team as a managing partner. CNW Group | Toronto Tempo Tennis superstar Serena Williams is continuing her investment in women’s sports with a new ownership stake in the Women’s National Basketball Association’s Toronto Tempo, the team announced Monday. The Tempo, the WNBA’s first expansion […]
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Taiwan Semiconductor to announce $100 billion investment in U.S. chip manufacturing plants
President Donald Trump is expected to announce a $100 billion investment from Taiwan Semiconductor Manufacturing to bolster chip manufacturing over the next four years in the U.S, NBC has learned. The Wall Street Journal first reported the news. TSMC, which supplies semiconductors to the likes of Nvidia and Apple for artificial intelligence use, would help […]
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Stocks making the biggest moves midday: Intel, Nvidia, AppLovin and more
Check out the companies making headlines in midday trading: Intel — Shares rose more than 2% after Reuters, citing two sources familiar with the matter, reported that chipmakers Nvidia and Broadcom are running manufacturing tests with Intel . The tests signal that both companies are heading closer toward committing hundreds of millions of dollars’ worth […]
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Three stocks that could reenergize the AI trade this week
The artificial intelligence trade could get a boost this week with three semiconductor companies set to report earnings after a rough period for the group, according to Bank of America. “We expect beat/raise results from AVGO, MRVL and CRDO to re-energize interest in [artificial intelligence] semis, since capex by U.S. cloud customers and sovereign AI […]
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Amazon-backed AI firm Anthropic valued at $61.5 billion after latest round
Jaque Silva | Nurphoto | Getty Images Anthropic on Monday closed its latest funding round at a $61.5 billion post-money valuation, the company confirmed to CNBC. The $3.5 billion round was led by Lightspeed Venture Partners, and other investors included Salesforce Ventures, Cisco Investments, Fidelity Management & Research Company, General Catalyst, D1 Capital Partners and […]
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China’s Oppo taps Google for privacy AI push, taking a page from Apple’s playbook
Oppo is the sixth-largest smartphone maker in China, according to Counterpoint Research. Nurphoto | Nurphoto | Getty Images BARCELONA — Chinese smartphone firm Oppo is taking a page out of Apple’s playbook with the launch of a private cloud computing system to keep users’ sensitive conversations separate from its own artificial intelligence products. The company […]
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