Breaking News: Investing
Ken Griffin says more tariff impact on inflation is still ahead, Fed should be independent
Billionaire Wall Street titan Ken Griffin believes the full impact of tariffs on inflation have not been felt yet, and he only sees one more rate cut from the Federal Reserve this year. The founder and CEO of Citadel said Thursday only about half of the inflationary impact from President Donald Trump’s wide-spreading levies on […]
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Ken Griffin knocks Trump’s corporate deals, says ‘all of us lose’ when government starts picking winners
CEO of Citadel Ken Griffin is interviewed Chairman of the Milken Institute Michael Milken (not pictured) during the Milken Institute Global Conference 2025 in Beverly Hills, California, U.S., May 7, 2025. Mike Blake | Reuters Citadel CEO Ken Griffin on Thursday knocked the Trump administration for making deals with large corporations to avoid the full […]
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Disney investors say handling of Jimmy Kimmel suspension put politics over shareholders, demand records
Key Points The American Federation of Teachers, AFL-CIO, and Reporters Without Borders are seeking board materials, communications and policies related to the suspension of “Jimmy Kimmel Live!” The groups argue that the decision was driven by threats from federal regulators and broadcast affiliates, rather than a business calculation in shareholder interests. Source
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Investors turn bullish on Indian stocks after a year of underperformance
Key Points Investors said Indian valuations have become cheaper compared to other emerging markets, and the domestic economic outlook is improving. “We think Indian equities now look attractive on a regional basis and upgrade the market to overweight (from neutral),” HSBC analysts said. Market participants said the 50% tariffs imposed on Indian exports to the […]
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Day trading is about to get easier for smaller retail investors
In this article HOOD Follow your favorite stocksCREATE FREE ACCOUNT A graph displaying the Apple stock price on a smartphone app. Jaap Arriens | Nurphoto | Getty Images Regulators are moving to dismantle one of the most controversial barriers for active retail traders — the $25,000 minimum equity rule for pattern day trading. The Financial […]
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Trump’s tennis invite from Rolex echoes Apple, Nvidia playbook for currying favor, Warren says
(L-R) U.S. President Donald Trump and Rolex CEO Jean-Frederic Dufour arrive in the Rolex suite prior to the Men’s Singles Final match between Jannik Sinner of Italy and Carlos Alcaraz of Spain on Day Fifteen of the 2025 US Open at USTA Billie Jean King National Tennis Center on September 07, 2025 in New York […]
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Nvidia’s and OpenAI’s ‘monumental’ data center plan has an equally massive problem: Where to find the power
Nvidia CEO Jensen Huang told CNBC this week that the chipmaker’s AI infrastructure plan with OpenAI is “monumental in size.” Their plan is so big that it will push the boundaries of what is possible. The chipmaker and the AI lab are aiming to build at least 10 gigawatts of data centers. This will sap […]
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Young adults embrace ‘financial nihilism’ with risky crypto, stock bets as American dream feels unattainable
Technology concept with always connected students – Vivid filter Davide Zanin | Istock | Getty Images When Jacob Kaplan thinks about his path to financial security, he sees a need to take big risks. For years, Kaplan has been betting on major sporting events through online platforms, often dedicating 30 hours a week to the […]
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Morgan Stanley close to offering crypto trading though E-Trade, calls it ‘tip of the iceberg’
In this photo illustration, the logo for E-Trade, the online trading platform owned by Morgan Stanley, is shown on the company’s website on May 13, 2024 in Chicago, Illinois. Scott Olson | Getty Images Morgan Stanley is months away from offering crypto trading to retail customers through its E-Trade division as the Wall Street giant […]
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Crypto startup Zerohash raises $104 million from Morgan Stanley, SoFi, Apollo and others
Key Points Crypto infrastructure startup Zerohash has raised $104 million in funding with backing from financial firms including Morgan Stanley and SoFi, CNBC has learned. The round was led by Interactive Brokers, the global automated trading firm, and includes strategic investors who are also clients of Zerohash, founder and CEO Edward Woodford told CNBC. Zerohash […]
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