United States
Wall Street banks love these energy stocks — and two are on Goldman’s conviction buy list
Goldman Sachs and Bank of America have identified their top energy stocks to buy, two of which are on Goldman’s coveted conviction list. Source
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Vladimir Putin feels his military leaders misled him about Ukraine, declassified intelligence shows
WASHINGTON — Newly declassified U.S. intelligence indicates that Russian President Vladimir Putin feels he was misled by military leaders who did not tell him key details about the botched invasion of Ukraine because they feared angering him, top Biden administration officials said Wednesday. “We believe that Putin is being misinformed by his advisers about how […]
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Federal judge approves Activision Blizzard sexual harassment settlement
From left, Brian Grazer, founder of Imagine Entertainment, and Bobby Kotick, chief executive officer of Activision Blizzard, arrive at the annual Allen & Company Sun Valley Conference on July 9, 2019, in Sun Valley, Idaho. Drew Angerer | Getty Images A federal judge has approved video game publisher Activision Blizzard’s settlement with the U.S. Equal […]
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Russia’s pledge to scale back in Ukraine met with skepticism; EU to put pressure on China
Sanctions on Russia to continue until we see de-escalation, Italy’s Di Maio says Italian Foreign Minister Luigi Di Maio told CNBC’s “Squawk Box Europe” that sanctions on Russia will continue until Italy sees military de-escalation in Ukraine. Japan skeptical over Russian pledge to cut military operations Japan has expressed skepticism over Russia’s pledge to reduce […]
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Anthony Scaramucci says he’s ‘not quite convinced’ on the recession signal the bond market flashed
Traders work on the floor of the New York Stock Exchange on March 28, 2022, in New York City. Following a positive week for stocks, the Dow Industrial Average was down over 100 points in morning trading. Spencer Platt | Getty Images A key signal of recession flashed in the bond market this week, but […]
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EU to pressure China at virtual summit over its stance on Russia-Ukraine war, sources say
President of the European Commission Ursula von der Leyen delivers a statement in Brussels. Kenzo Tribouillard | AFP | Getty Images The European Union wants to put pressure on China to be neutral with its stance over Russia’s recent invasion of Ukraine, sources with knowledge of the matter told CNBC ahead of a virtual meeting […]
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How much job-hopping is too much? Here’s what hiring managers say
At the age of 25, Hannah Williams has an extensive resume, even though she only started working full-time less than three years ago. Since 2019, she has held a total of five jobs – with the longest tenure being a full year. A number of reasons made her leave those jobs. Once, she discovered the […]
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Full remarks of U.S. President Joe Biden and Singapore Prime Minister Lee Hsien Loong
“We cannot condone any country arguing that another country’s independence is the result of historical errors and crazy decisions,” Prime Minister Lee said at the White House on March 29. Bloomberg | Bloomberg | Getty Images Singapore PM Lee Hsien Loong met with U.S. President Joe Biden to discuss Indo-Pacific security, the Ukraine war, and […]
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Fed’s Patrick Harker says he thinks the U.S. can avoid a recession, even amid troubling signs
Despite on ominous indicator hanging over the economy and higher interest rates on the way, Philadelphia Federal Reserve President Patrick Harker said Tuesday that he doesn’t think the U.S. is heading for recession. That view, expressed in a CNBC interview, comes in the face of a looming inversion of the 10- and 2-year Treasury yields […]
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Pentagon expects to award up to $9 billion in cloud contracts in December
U.S. Defense Secretary Lloyd Austin speaks during a news conference in Tbilisi, Georgia October 18, 2021. Irakli Gedenidze | Reuters The U.S. Defense Department said Tuesday that it plans to award as much as $9 billion in contracts for cloud infrastructure services in December, about eight months later than it expected. The Joint Warfighter Cloud […]
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