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Fed's Kashkari says inflation is 'still too high' even after softer-than-expected PCE data, labor market is 'pretty good'
Kashkari will sit down with CNBC's Steve Liesman for an exclusive conversation Wednesday night.
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David Ellison names Ynon Kreiz co-CEO of Paramount and Warner Bros. Discovery
Paramount CEO David Ellison announced outgoing Mattel chief Ynon Kreiz will serve as the co-CEO of the anticipated combination of Paramount and WBD.
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Grindr expands beyond dating with $250 million telehealth acquisition of PurposeMed
Grindr is buying PrEP provider Freddie for $250 million, expanding into healthcare and seeking to make HIV prevention more accessible to its users.
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Micron beats on earnings and issues strong guidance as data center revenue jumps 11-fold
Micron is up over 500% in the past year as the company benefits from soaring AI demand.
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Meta stock enjoys best month since 2022 on AI momentum
Meta stock had its best month in almost four years as investors cheer the social media giant's recent momentum in artificial intelligence.
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Google rolls out Gemini 4 Argon, its most advanced AI model
Gemini 4 Argon is Alphabet's most advanced model yet, with major coding, cybersecurity, and complex professional work improvements.
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Gen Z’s 'little treat’ economy is thriving. These financial products help you enjoy responsibly
Gen Z is spending on small indulgences even as finances stay tight. Here are four ways to budget for little treats more intentionally.
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Elon Musk, Palmer Luckey and Newt Gingrich to help Pentagon with warfare initiative, Hegseth says
Pete Hegseth, in remarks about the state of the military, announced a project led by two GOP-supporting tech executives to examine military capabilities.
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Senators clinch construction permitting deal before election jet-set
A legislative deal to ease construction permitting sets up potential action in Congress when lawmakers return after the November election.
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Sen. Hawley: OpenAI CEO Sam Altman declined to testify at rogue AI hearing
A Senate subcommittee on Wednesday is examining rogue AI, after a series of AI cyberattacks and increasing warnings about the risks of the technology.
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Two trades that just happened in 'Magnificent Seven' stocks point to big gains ahead
Options volume was more than 50% above the 30-day average in both names Wednesday.
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Crude oil exports through the Strait of Hormuz hit prewar levels, but fuel shipments remain constrained
It is unclear how long the recovery can be sustained given that it relies on U.S. military protecting tankers in the Persian Gulf.
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MGM CEO leaves door open to People Inc. bid as casino dealmaking heats up
The Wall Street Journal reported MGM was exploring an offer for People Inc. after People Inc. withdrew its $48.30-per-share proposal to buy the rest of MGM.
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Kalshi traders see high odds Anthropic's IPO is announced this year
The higher odds come after the artificial intelligence company reportedly warned investors in its IPO prospectus that its models could be dangerous.
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Fed watchdog finds renovation failures, but no grounds for criminal referral
The long-awaited report by the Fed's inspector general said it found no reasonable grounds to believe federal criminal law had been violated.
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Commerce Secretary Howard Lutnick reports more than $250 million in income last year
Commerce Secretary Howard Lutnick unwound his ties to Cantor Fitzgerald as the billionaire financier joined the Trump administration.
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DOJ accuses Minnesota federal judges of misconduct for NY Times immigration interviews
The Department of Justice seeks the recusal of the judges who spoke to The New York Times from any cases involving the Department of Homeland Security.
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Trump administration starts sending $500 Obamacare refund checks — who stands to benefit
The refunds come after millions of people lost premium subsidies for their health insurance, and right before the midterm elections.
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Treasury launches student loan support center as new data show 9.3 million borrowers in default
The Trump administration announced on Wednesday that it was launching a "Default Loans Support Center" for student loan borrowers who've fallen behind.
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FTC is investigating OpenAI, Anthropic and other AI companies over product risks
The probe adds to the mounting scrutiny that OpenAI and Anthropic have been facing over their safety practices following the Hugging Face hack.
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Haven’t hit your 2026 money goals yet? These tools can help you build a savings plan
Behind on your 2026 savings goal? The right budgeting app and high-yield savings account can help you get back on track.
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Senate Democrats sink 'toothless' stock trading ban, data center bill in last act before election recess
Two separate proposals to ban member stock trading while in office and address data center-related utility costs failed Wednesday amid Democratic opposition.
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The market search for balance sheet 'cash cows' and 'quality' stocks is changing
With AI spending consuming the cash of the market's richest companies, balance sheet metrics led by free cash flow are getting more investing attention.
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Stellantis CEO reconfirms 2026 guidance, says turnaround plan continues as automaker's shares hit new low
Stellantis CEO Antonio Filosa on Wednesday reconfirmed the company's 2026 guidance and its plans to be cash-flow positive by 2027.
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