World
Stock futures are little changed as investors await May retail sales data: Live updates
Traders walk the floor during morning trading at the New York Stock Exchange on May 14, 2024. Spencer Platt | Getty Images Stock futures are near flat Monday night after a winning day on Wall Street as investors gear up for May retail sales data. Dow Jones Industrial Average futures rose 28 points, or 0.1%. […]
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McDonald’s to end AI drive-through test with IBM
McDonald’s is changing course on its artificial intelligence plans. The fast-food giant will end a test run of its AI drive-through technology partnership with IBM in more than 100 restaurants. The so-called Automated Order Taker will be shut off no later than July 26, according to a memo sent to franchisees late last week, obtained […]
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Jeffrey Gundlach likes this corner of fixed income as the Fed keeps rates high. It’s yielding 8%
The timing of cuts from the Federal Reserve is looking uncertain, but fixed income investor Jeffrey Gundlach has a way to play the theme: BB-rated bank loans. Central bank policymakers kept rates steady at the conclusion of their June meeting last week, maintaining the key interest rate at its range of 5.25% to 5.5%. But […]
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Trump and Biden shift strategies to compete for crypto voters: CNBC Crypto World
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Jacob Martin, […]
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GameStop drops more than 12%, hits session lows after annual meeting fails to offer details on firm’s strategy
Traders work at the post where GameStop is traded on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 12, 2024. Brendan McDermid | Reuters GameStop shares dropped to session lows Monday after the company’s highly anticipated annual meeting failed to offer any concrete updates on the video game […]
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Nvidia to get 20% weighting and billions in investor demand, while Apple demoted in major tech fund
The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan May 30, 2017. Tyrone Siu | Reuters Nvidia‘s blistering rally will force a major technology exchange-traded fund to acquire more than $10 billion worth of shares of the chip giant while cutting dramatically back on Apple. The index that […]
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U.S. sues Adobe over subscription plan disclosures
Adobe headquarters in San Jose, California, US, on Thursday, Nov. 30, 2023. David Paul Morris | Bloomberg | Getty Images The U.S. government on Monday sued Adobe, accusing the maker of Photoshop and Acrobat of harming consumers by enrolling them in its most lucrative subscription plans without clearly disclosing important terms. In a complaint filed […]
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Putin to visit North Korea as U.S., allies decry military ties
Russian President Vladimir Putin will visit North Korea this week for the first time in 24 years, the two countries said, a rare trip that underscores Moscow’s burgeoning partnership with the nuclear-armed state. North Korean leader Kim Jong Un extended an invitation to Putin during a visit to Russia’s Far East last September. Putin last […]
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French protests add to Macron’s political gamble as election race heats up
A demonstrator dressed all in black kicks back with his foot a puck of tear gas fired by police in their direction, during a demonstration against fascism and the National Rally party, in Lyon, France, June 16, 2024. Matthieu Delaty | Afp | Getty Images France’s election campaign kicked off in earnest Monday following a […]
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EU countries approve landmark nature law after delays
Austria’s Minister for Climate Action, Environment, Energy, Mobility, Innovation and Technology Leonore Gewessler reacts before an extraordinary European Union energy ministers meeting at the European Council headquarters in Brussels on December 13, 2022. Valeria Mongelli | Afp | Getty Images European Union countries approved a flagship policy to restore damaged nature on Monday, after months […]
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