Month: May 2026
How Chinese carmaker Geely put roots in the U.S.
Politicians on both sides of the aisle want to block Chinese vehicles from the United States. But over 100 Chinese automakers, auto tech companies, and parts suppliers already have a presence in the U.S., according to a survey done by Dunne Insights, a consultancy that focuses on electric vehicles and autonomous markets. Despite the United States […]
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Kalshi traders see April jobs report coming in better than economists’ estimates
Key Points If Kalshi traders are right, it would be the first month of back-to-back job growth since May 2025. Traders aren’t confident of a big beat, though. They assign just a 30% chance the report will come in at 100,000 jobs gained or more. Source
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Crypto industry calls for lawmakers to act on legislation after breakthrough agreement
Sen. Thom Tillis, R-N.C., speaks to a reporter as he arrives for the Senate Republicans’ lunch meeting in the U.S. Capitol on Wednesday, March 11, 2026. Bill Clark | Cq-roll Call, Inc. | Getty Images Crypto companies such as Coinbase are calling for Congress to advance a major market structure bill known as the CLARITY […]
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Trump attack defendant Cole Allen under harsher jail conditions than Jan. 6 defendants: judge
A video still showing Cole Allen at the gym at the Hilton ahead of the White House Correspondents’ Association dinner. Courtesy: USAttyPirro An irritated federal judge on Monday said it appeared that Cole Allen, the man accused of trying to assassinate President Donald Trump at the White House Correspondents’ Association dinner, has been treated more […]
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Cramer defends AMD after downgrade: ‘This stock is going to go up much more’
Key Points CNBC’s Jim Cramer said AMD still has significant upside, arguing AI-driven demand for CPUs will keep pushing the stock higher. Cramer was responding to HSBC’s downgrade of AMD to hold from buy. CNBC’s Jim Cramer pushed back on a downgrade of Advanced Micro Devices , saying the stock still has meaningful upside as […]
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Novo Nordisk’s Wegovy pill head start forces investors to rethink Eli Lilly’s GLP-1 dominance
Still life of the new Wegovy semaglutide tablets on a white background. Its a prescription medicine used with a reduced calorie diet and .and physical activity. Michael Siluk | Universal Images Group | Getty Images When the Wegovy pill launched in January, telehealth provider LifeMD said its business doubled almost overnight. LifeMD went from seeing […]
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Wyndham CEO on Q1: Big pickup in our customers looking to travel
Geoff Ballotti, Wyndham CEO, joins ‘The Exchange’ to discuss the company’s quarterly earnings results, the Wyndham consumers and much more. Source
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Traffic in the Strait of Hormuz won’t return to normal until August or later, according to Kalshi traders
Key Points Traders think there’s a 59% chance traffic returns to normal by September 1. Odds that happens by August are hovering around 50%. Kalshi defines normal traffic flows on the contract as the 7-day moving average of transit through the strait crossing 60 based on data from IMF PortWatch. Source
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Anthropic teams with Goldman, Blackstone and others on $1.5 billion AI venture targeting PE-owned firms
Anthropic CEO Dario Amodei looks on after a meeting with French President Emmanuel Macron during the AI Impact Summit in New Delhi on February 19, 2026. Ludovic Marin | Afp | Getty Images Anthropic said Monday it is partnering with private equity giants Goldman Sachs and Blackstone to launch a $1.5 billion firm aimed at […]
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UPS, FedEx stocks sink after Amazon expands logistics network to other businesses
A UPS Boeing 767 departs Los Angeles International Airport en route to Louisville, Kentucky, Jan. 27, 2026. Kevin Carter | Getty Images Shares of logistics giants UPS and FedEx sank on Monday after Amazon announced a new initiative to open up its supply chain networks to other businesses. Both stocks were down 10% in midday […]
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