business news
Trump threatens Nigeria with potential military action, escalates claim of Christian persecution
US President Donald Trump speaks to reporters as he arrives at Palm Beach International Airport on Oct. 31, 2025 in West Palm Beach, Florida. Samuel Corum | Getty Images U.S. President Donald Trump on Saturday said he’s ordered the Pentagon to begin planning for potential military action in Nigeria as he stepped up his criticism […]
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Evolve Bank CEO fired after propositioning FBI agent who pretended to be a teen boy
Evolve Bank CEO Bob Hartheimer booking photo. Source: Shelby County Jail Bob Hartheimer, CEO of Tennessee’s Evolve Bank & Trust, was fired after U.S. law enforcement officials caught him propositioning a law enforcement officer posing as a 15-year-old boy on gay dating app Grindr. On Oct. 19, an employee of the Federal Bureau of Investigation […]
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Where the Nexperia auto chip crisis stands now as the U.S., China and EU race to contain fallout
The logo of Chinese-owned semiconductor company Nexperia is displayed at the chipmaker’s German facility, after the Dutch government seized control and auto industry bodies sounded the alarm over the possible impact on car production, in Hamburg, Germany, Oct. 23, 2025. Jonas Walzberg | Reuters Netherlands-based chipmaker Nexperia is at the heart of a standoff between […]
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Interest rate backdrop supports playing offense with bonds, according to Goldman Sachs former ETF head
Bonds may be more than just a safe haven. BondBloxx ETFs’ Tony Kelly, a former Goldman Sachs Asset Management global ETF head, contends it’s where investors can also play offense due to the market backdrop. “It’s definitely getting more nuanced,” the firm’s co-founder told CNBC’s “ETF Edge” this week. “Advisors are being a bit more thoughtful […]
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Carney says he told Ontario premier not to run Reagan anti-tariff ad, apologized to Trump
U.S. President Donald Trump (R) meets with Canadian Prime Minister Mark Carney in the Oval Office of the White House on October 07, 2025 in Washington, DC. Anna Moneymaker | Getty Images Canadian Prime Minister Mark Carney says he told Ontario Premier Doug Ford that he didn’t think the province should run the ad campaign […]
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Hegseth says U.S. is ready to share tools to help allies counter an ‘aggressive’ China
U.S. Secretary of Defense Pete Hegseth applauds during ASEAN Plus meeting at the Association of Southeast Asian Nations Defense Ministers’ Meeting in Kuala Lumpur, Malaysia, on Nov. 1, 2025. Vincent Thian | Via Reuters Pentagon chief Pete Hegseth on Saturday took aim at Beijing over an increase in “destabilizing actions” in the South China Sea […]
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Berkshire’s operating earnings jump 34%, Buffett buys back no stock and raises cash hoard to $381 billion
Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. David A. Grogen | CNBC Warren Buffett’s Berkshire Hathaway reported a sharp rebound in operating profit on Saturday, while its cash pile swelled to a new high with no buybacks. Berkshire’s operating profit generated from the […]
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Lock in the gain? S&P 500 enters final two months of the year up 16%
Lock it in or let it ride? It’s a question that investors might ponder at this point in an unexpectedly rewarding year, as the calendar pivots appropriately from the season of feigned fright to one of gratitude for life’s bounty. For most people, this is less about getting fully out of or staying wholly in […]
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‘Trump effect’ raises hopes for cannabis rally as investors bet on federal reforms, softer marijuana stance
Oils containing CBD (Cannabidiol). Geoffroy Van Der Hasselt | AFP | Getty Images Cannabis stocks could be poised for a rally after years of stagnation, fueled by investor optimism over the possibility for new federal rules for hemp-derived products and signals that President Donald Trump could take a more permissive stance on marijuana. Publicly traded […]
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While AI spending is top of mind, online ads are driving a lot of Big Tech’s growth
META CEO Mark Zuckerberg (L) and Microsoft CEO Satya Nadella. Getty Images As tech giants increase their already breathtaking spending on artificial intelligence, their respective digital advertising businesses have also gained momentum. Quarterly earnings reports this week from Meta, Amazon, Alphabet and Microsoft all showed healthy revenue on the ads front. The rising online advertising […]
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