Month: January 2026
Taiwan will invest $250 billion in U.S. chipmaking under new trade deal
The U.S. and Taiwan have reached a trade agreement to build chips and chip factories on American soil, the Department of Commerce announced on Thursday. As part of the agreement, Taiwanese chip and technology companies will invest at least $250 billion in production capacity in the U.S., and the Taiwanese government will guarantee $250 billion […]
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College students and teens could be fueling the prediction markets boom
A version of this article first appeared in the CNBC Sport newsletter with Alex Sherman, which brings you the biggest news and exclusive interviews from the worlds of sports business and media. Sign up to receive future editions, straight to your inbox. As prediction market trading volume booms, Truist analysts say there could be an unlikely source […]
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Goldman Sachs CEO is looking at how the Wall Street bank can get involved in prediction markets
Key Points The move signals growing institutional interest in a corner of finance that has gained increased traction among traders. Solomon met with the two big prediction companies and their leadership in the last two weeks, spending ‘a couple of hours with each’ to learn more. Goldman has a team of people spending time with […]
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Chip stocks pop after TSMC’s earnings beat boosts confidence in industrywide demand
Nvidia founder and CEO Jensen Huang speaks about the Vera Rubin AI platform during a question and answer session with reporters at the annual Consumer Electronics Show (CES) in Las Vegas, Nevada, on Jan. 6, 2026. Patrick T. Fallon | AFP | Getty Images Chipmakers Nvidia and Advanced Micro Devices led an industrywide rally in […]
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Trump unveils health-care plan outline as Congress wrestles over Obamacare subsidies
President Donald Trump on Thursday rolled out the broad outline of a health-care plan that the White House claims will lower drug prices and insurance premiums. The announcement came as a congressional effort to extend key Affordable Care Act tax credits faces headwinds from Senate Republicans, leaving millions at risk of seeing their health insurance […]
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Stocks making the biggest moves midday: Morgan Stanley, Coinbase, Taiwan Semi, Eli Lilly & more
Here are some of the names making big moves in midday trading. Eli Lilly — Shares of the weight loss drugmaker fell nearly 4% after Reuters reported that a Food and Drug Administration decision on its obesity pill would be delayed until April 10. The drug had been granted an expedited review under a Trump […]
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Amazon threatens ‘drastic action’ after Saks bankruptcy, says $475M stake is now worthless
Amazon package and Saks Fifth Avenue bag. Getty Images Amazon wants a federal judge to reject Saks Global’s bankruptcy financing plan, writing in court papers the beleaguered department store “burned through hundreds of millions of dollars in less than a year” and failed to hold up their agreement. When Saks acquired Neiman Marcus for $2.7 […]
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NBCUniversal strategically leans into sports as it prepares for ‘Legendary February’
A version of this article first appeared in the CNBC Sport newsletter with Alex Sherman, which brings you the biggest news and exclusive interviews from the worlds of sports business and media. Sign up to receive future editions, straight to your inbox. NBC is about to have itself a “legendary” month. “Legendary February,” a marketing tagline invented […]
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Inside Wealth: How the Buffett family plans to give away more than $150 billion
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. When Peter Buffett learned that he and his siblings would be in charge of giving away the fortunes of their father, Warren Buffett, […]
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Billionaire Rams owner Stan Kroenke becomes America’s biggest private landowner
Stan Kroenke of the Los Angeles Rams on the sideline during a game against the Philadelphia Eagles at SoFi Stadium Inglewood, California, Oct. 8, 2023. Ric Tapia | Getty Images Sport | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth […]
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