World
Transport stock charts aren’t saying the economy is fine
Markets stabilized on Thursday after the dual sell-off in stocks and bonds, but a key corner of the equity market is blinking a caution light on the economy. The Dow Jones Transportation Average is headed for a losing week and has fallen back below its pre-April 2 Liberation Day levels. JB Hunt Transport Services and […]
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This wholesaler is still ripe for gains even after a 30% move, global strategist says
Despite a weak day for stock in BJ’s Wholesale Club Holdings on Thursday, Freedom Capital Markets chief global strategist Jay Woods is sticking by the company after a better-than-expected first-quarter print. Woods discussed the wholesaler and his bullish views on Uber and Palo Alto Networks on CNBC’s ” Power Lunch ” on Thursday. BJ’s Wholesale […]
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Anthropic launches Claude 4, its most powerful AI model yet
In this photo illustration, Claude AI logo is seen on a smartphone and Anthropic logo on a pc screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Anthropic, the Amazon-backed OpenAI rival, on Thursday launched its most powerful group of artificial intelligence models yet: Claude 4. The […]
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CNBC’s Inside India newsletter: Why Make-in-India isn’t a guaranteed success despite U.S. tariffs on China
Workers assemble electronic devices in China in 2016. Bloomberg | Bloomberg | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here. Each weekday, CNBC’s […]
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Judge orders Trump administration to reinstate Education Department employees
Sarah Jo Marcotte, an educator from Vermont, holds a sign that reads “Here for my students!! Cuts Hurt.” outside of the U.S. Department of Education on March 20, 2025 in Washington, DC. Anna Moneymaker | Getty Images A federal judge ordered the Trump administration on Thursday to reinstate more than 1,300 U.S. Department of Education […]
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U.S. Treasury yield spike has investors rethinking the rest of the world
Traders work on the floor of the New York Stock Exchange on May 21, 2025, in New York City. Spencer Platt | Getty Images A U.S. Treasury selloff is prompting some market watchers to reassess their stance on fixed income allocation, after “relentless” action from yields on long-dated Treasurys saw those bonds surpass a key […]
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U.S. tariffs pose a ‘real challenge’ to Europe, Barclays CEO says
Barclays CEO C. S. Venkatakrishnan speak during the Barclays Sustainable Finance conference in New York City, U.S., March 19, 2024. Brendan McDermid | Reuters Washington’s protectionist trade policies are posing a “real challenge” to European nations as they seek to raise their security contributions, according to Barclays CEO C. S. Venkatakrishnan. “I think Europe has […]
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Summer travel demand is soaring — but airlines are short on planes
People board Ryanair plane at Rome Ciampino Airport in Ciampino, Italy on April 27, 2025. Nurphoto | Nurphoto | Getty Images Airlines are facing an uphill battle during peak travel season as delivery delays at Boeing and Airbus fuel a commercial jet shortage. The ongoing capacity issue remains a cause of concern for the industry […]
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Hong Kong passes stablecoin bill as more governments recognize the digital asset
The Tether (USDT) stablecoin logo. Costfoto | Nurphoto | Getty Images Hong Kong passed a stablecoin bill on Wednesday to expand its cryptocurrency licensing regime as more governments recognize the digital asset. Unlike volatile digital assets like bitcoin, the value of stablecoins is tied to a real-world asset like fiat currencies or commodities like gold. […]
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Investors dump bonds globally as U.S. credit downgrade, Trump’s tax bill ignite fiscal worries
The Marriner S. Eccles Federal Reserve building in Washington, D.C. Stefani Reynolds | Bloomberg Creative Photos | Getty Images A sell-off in global bonds is accelerating as Moody’s downgrade of U.S. credit rating and President Donald Trump’s tax bill has brought to fore investors’ fiscal concerns globally. Events such as credit rating downgrades or budgets […]
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