Business
Crypto is an ‘ecosystem that is fully corrupt,’ claims economist Nouriel Roubini
Outspoken economist Nouriel Roubini described crypto and some of its important players as an “ecosystem that is entirely corrupt.” On a panel hosted by CNBC’s Dan Murphy at the Abu Dhabi Finance 7 days on Wednesday, the New York College professor reported there ended up “seven Cs of crypto”: “Concealed, corrupt, crooks, criminals, con guys, carnival […]
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Lowe’s reports revenue increase, beating Wall Street’s expectations
A Lowe’s employee walks through the store during the grand opening of the Lowe’s store in San Francisco, California. Getty Images Lowe’s reported third-quarter earnings on Wednesday that beat analysts’ expectations, with revenue up compared to the same period last year. The home improvement retailer also updated its guidance, lowering the top end of its […]
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Burger King owner Restaurant Brands hires former Domino’s CEO Patrick Doyle as chair
Patrick Doyle Scott Mlyn | CNBC Restaurant Brands International announced Wednesday that it is hiring former Domino’s Pizza CEO Patrick Doyle as its executive chair. Doyle, 59, was chief executive of Domino’s from 2010 to 2018, and oversaw the pizza chain’s transformation into a digital powerhouse in the restaurant industry. When he took the reins […]
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Target will report earnings before the bell — here’s what to expect
A sign outside of a Target department store on June 07, 2022 in Miami, Florida. Target announced that it expects profits will take a short-term hit, as it marks down unwanted items, cancels orders and takes aggressive steps to get rid of extra inventory. Joe Raedle | Getty Images Target on Wednesday will report its […]
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Watch NASA try again to launch the Artemis 1 lunar mission after months of delays
It’s launch day for NASA, again. The space agency is aiming to launch its Artemis I moon mission in the early hours of Wednesday morning, after technical issues delayed previous attempts over the last three months. The agency’s towering Space Launch System (SLS) rocket and Orion capsule are scheduled to lift off during a two-hour […]
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Cramer’s lightning round: BRC Inc is not a buy
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed. Source
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Charts suggest the market could rally through mid-December, Jim Cramer says
CNBC’s Jim Cramer on Tuesday said that the market’s current rally could last through the middle of next month, leaning on charts analysis from Jessica Inskip, OptionsPlay’s director of education and product. “The charts, as interpreted by Jessica Inskip, suggest that this rally could potentially have real legs, at least through mid-December. Things could change […]
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Crypto.com consumers fear it could abide by FTX, as CEO tries to reassure them everything’s good
The brand of Crypto.com is observed at a stand in the course of the Bitcoin Convention 2022 in Miami Beach front, Florida, April 6, 2022. Marco Bello | Reuters As the crypto universe reckons with the fallout of FTX’s swift collapse last 7 days and tries to determine out in which the contagion may head […]
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In Australia, firms plan ‘super hub’ to produce green hydrogen using wind and solar
This image shows part of a green hydrogen facility in Spain. A number of major economies, including the EU, are looking to develop green hydrogen projects in the coming years. Angel Garcia | Bloomberg | Getty Images Plans for an Australian “super hub” focused on the generation of wind, solar and green hydrogen are taking […]
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Several Kentucky supreme court justices sound skeptical of state’s near-total abortion ban
Several Kentucky supreme court justices on Tuesday sounded skeptical of the state’s abortion ban, one of the most restrictive in the U.S., during oral arguments in a case that will decide whether women have any access to the procedure in the foreseeable future. EMW’s Women’s Surgical Center, an abortion clinic based in Louisville, has called […]
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