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Counting the votes: Warsh faces a tough battle as the Fed girds for expected interest rate hike
Traders were pricing in a better than 92% probability of a rate increase, as well as a more than 75% chance for another one in December.
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Bank of America expects third-quarter investment banking fees to fall more than 10%; shares slide
The muted outlook from the country's second-largest bank by assets could be an early signal that Wall Street's AI boom might have hit turbulence.
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CNBC Points Pro: How to avoid racking up credit card debt
Points expert Jason Stauffer shares strategies for avoiding spending money you don't have.
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The stock market could do something strange this week after the Fed decision
Odds of more interest rate hikes coming this year have grown.
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As the oil surge continues, trader Mike Khouw sees more upside in this surging name
Michael Khouw breaks down how he's trading this energy name.
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The Fed is likely to raise interest rates as inflation persists. What that means for consumers
The Federal Reserve is widely expected to raise its benchmark interest rate by a quarter percentage point at its September meeting.
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Ukraine says it's open to halting attacks on Russian energy after Trump's claims of deal
"The World's Diesel price rise is mostly caused by the Russia/Ukraine War, not Iran," Trump said in a social media post.
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Musk's X Corp and SpaceXAI resolve antitrust lawsuit against Apple
X Corp and SpaceXAI said they resolved a lawsuit against Apple accusing the company of violating antitrust practices by integrating ChatGPT into its devices.
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Prediction market traders think gas prices will hit new highs for the year
Oil prices have marched higher in recent weeks, above $100 per barrel, as tensions between the U.S. and Iran have escalated again.
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Trump goes scorched earth on AI warnings, raging about data center opposition and regulation
The Trump administration has encouraged AI's rapid growth and the development of data centers as it seeks an insurmountable tech edge over China.
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Space startups raise big money in funding blitz as Europe aims to challenge U.S. dominance
European space startups are attracting fresh funding as the region seeks to build its capabilities and narrow a its gap with the U.S.
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Microsoft sets limits for future AI models as industry throttles frontier development
Microsoft wants to be seen as a responsible AI entity as it ramps up model development alongside partners Anthropic and OpenAI.
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Amazon pauses operations with 21 Air after Miami cargo plane crash
Amazon said on Sunday it was pausing operations with Miami-based 21 Air, the cargo carrier that operated the aircraft for Amazon Air that crashed in Miami.
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Car ownership costs an average of $5,851 a year on top of auto loan payments, analysis finds
The cost of insurance, gas, and maintenance or repairs can add thousands of dollars a year to the price of owning a car.
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College students feel more pressure to be perfect. Experts explain why
College students report rising perfectionism. Researchers point to economic pressure and inequality, while experts cite social comparison.
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India's inflation rises to 4.82% in August, marginally exceeding forecasts
India's inflation in August accelerated for the tenth month straight to 4.82% in August amid rising food and fuel prices.
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Trump agrees to ethics requirements in crypto Clarity Act as GOP seeks Democratic votes
A Senate vote on Tuesday is a put-up-or-shut-up moment for the Clarity Act crypto bill, scheduled by Majority Leader John Thune, R-S.D.
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Why the election could make Washington's looming next fiscal crisis harder
Some in the GOP are already disavowing raising the debt ceiling absent deep spending cuts as the national debt balloons past $40 trillion.
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OpenAI boss Sam Altman spells out how and why the AI industry wants to slow down: 'We could lose control'
OpenAI's chief has made comments detailing how AI safety frameworks and a slowdown could work, as the industry unites behind concerns.
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Satellite images show extent of damage to Saudi Arabia’s oil pipeline that bypasses Strait of Hormuz
Saudi Arabia temporarily shut the roughly 750-mile pipeline as attacks threaten a key alternative to the Strait of Hormuz.
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AI stocks sink while cybersecurity shares rally on slowdown fears
Anthropic CEO Dario Amodei said the industry "must slow the pace at which we improve the capabilities of AI models," amid growing concerns over risks from AI.
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Trump urges Ukraine to stop ‘knocking out’ Russian oil refineries as U.S. diesel hits record
U.S. diesel prices have surpassed $6 a gallon for the first time ever as the Ukraine and Iran wars drive broader energy supply concerns.
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Novo CEO tells CNBC why drugmaker is rebranding, needs to 'rethink' obesity strategy
The Danish drugmaker called the changes the beginning of a new chapter for the company, which faces stiff competition from Eli Lilly.
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LA Clippers owner Steve Ballmer apologizes over team sanctions
Ballmer said that the team is complying with the penalties, has paid the fines, and is "moving forward."
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