World
Ukraine wants to join the European Union. But it is not going to be easy
Ukraine has requested to become a member of the EU, but the process is likely to take some time and it is unclear if there is a broad support to accept several new nations in the bloc. Nurphoto | Nurphoto | Getty Images The European Union could be about to throw its support behind Ukraine […]
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U.S., allies fly fighter jets amid North Korea tensions
People watch a TV news program reporting on North Korea test-firing a newly developed tactical guided weapon on April 17, 2022 in Seoul, South Korea. The United States and its Asian allies flew dozens of fighter jets over waters surrounding the Korean Peninsula on Tuesday in a show of force as their diplomats discussed a […]
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Wall Street banks name their top global stocks to play soaring energy prices and the hydrogen boom
From soaring commodity prices to the “multi-billion dollar” hydrogen opportunity, analysts at Morgan Stanley and Bernstein name their top stocks to navigate the booming energy sector. The sector has been one of the few bright spots in a year when the broader stock market has taken a severe beating. Energy is one of just two sectors on the S […]
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Sweden and Finland want to join NATO. Here’s how that would work
Sweden and Finland have requested to become members of NATO, but how does the process work, and can anybody join? CNBC looks at how the defense alliance is expanding, and what that means for the world. Russia’s invasion of Ukraine has provoked a major shift in the way Europe sees its security and defense. Sweden […]
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Target and Microsoft may be just the beginning of a worrisome earnings trend
Target is unlikely to be the only company with a bullseye on it during the upcoming earnings season. The retailer Tuesday warned for the second time in less than a month that its profits would take a hit from an inventory glut. The new guidance comes just days after Microsoft , in another high profile […]
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Fed GDP tracker shows the economy could be on the brink of a recession
Federal Reserve Chairman Jerome Powell testifies during the House Financial Services Committee hearing titled Monetary Policy and the State of the Economy, in Rayburn Building on Wednesday, March 2, 2022. Tom Williams | CQ-roll Call, Inc. | Getty Images A widely followed Federal Reserve gauge is indicating that the U.S. economy could be headed for […]
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These tech stocks could be ‘ports in the storm’ during bear market, Deutsche Bank says
This year’s tech wreck has sent the Nasdaq Composite spiraling down into a bear market, with the benchmark down more than 25% from its November record. However, there are some internet companies that could do over the next year thanks to their share repurchases, according to Deutsche Bank. The firm looked at 28 companies in […]
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$325 million yacht seized from Russian oligarch Suleiman Kerimov sails to U.S. after Fiji court ruling
The 106m-long and 18m-high super luxury motor yacht Amadea, one of the largest yacht in the world is seen after anchored at pier in Pasatarlasi for bunkering with 9 fuel trucks, on February 18, 2020 in Bodrum district of Mugla province in Turkey. Osman Uras| Anadolu Agency | Getty Images A $325 million superyacht that […]
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World Bank slashes global growth forecast to 2.9%, warns of 1970s-style stagflation
Global growth is expected to slip to 2.9% in 2022 from 5.7% in 2021 — 1.2 percentage points lower than previously predicted, according to the World Bank. Bloomberg | Getty Images The World Bank on Tuesday slashed its global growth forecast and warned that many countries could fall into recession as the economy slips into […]
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SpaceX CEO Elon Musk says an IPO of Starlink satellite internet business is still ‘3 or 4 years’ away
SpaceX CEO Elon Musk stands at the base of a Starship rocket prototype at the company’s facility in Boca Chica, Texas. Steve Jurvetson on flickr Elon Musk last week told SpaceX employees the company isn’t likely to take its Starlink satellite internet business public until 2025 or later, CNBC has learned, extending the estimated timeline […]
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