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Here are five key takeaways from the Fed rate decision and Warsh news conference
Even though the interest-rate vote went as expected, there were a few surprises out of this week's Federal Open Market Committee meeting.
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DoorDash to acquire Instacart for $17 billion
Speculation of a deal has swirled since last week, and several outlets reported the acquisition could value Instacart at roughly $17 billion.
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FedEx beats expectations, raises outlook in first report since calendar adjustment
FedEx on Wednesday beat Wall Street expectations on the top and bottom lines for the third quarter of its newly aligned fiscal year.
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Nvidia's $12.9 billion Hugging Face deal draws DOJ scrutiny
Nvidia faces DOJ inquiry over its $12.9 billion purchase of Hugging Face.
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Bessent says 'not necessarily' a mistake if the Fed hikes again
Treasury Secretary Scott Bessent joined CNBC for an interview on Oct. 28, 2026.
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Three media outlets seek full White House access in amended lawsuit
President Donald Trump banned MS NOW, CNN and Politico from the White House in September, only to have a judge he appointed order their return.
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Chipotle shares rise 7% after CEO says same-store sales growth will continue
For the first time this year, low-income consumers during the quarter outperformed the high-income cohort at its restaurants, CEO Scott Boatwright said.
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Bond investor Jeff Gundlach on Fed's rate pause: 'What are you waiting for?'
The DoubleLine founder spoke with CNBC's "Closing Bell" on Wednesday after the Fed announced its decision to hold interest rates steady.
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FTC demands Walmart, Uber, Delta and others hand over data on personalized pricing: Reuters
Target, along with app services Lyft, DoorDash and Instacart, and airlines Delta, United, JetBlue, are also receiving demands, the official said.
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Oracle stock pops 11% as long-term revenue forecast and clarity on financing ease debt concerns
Oracle issued a revenue forecast for fiscal year 2030 of $225 billion, and said it will limit additional fundraising over that stretch to $20 billion.
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Fed leaves rates unchanged: What it means for credit cards, mortgages, auto loans and savings accounts
The Fed's benchmark affects many consumer borrowing costs, including the rates tied to mortgages, credit cards, auto loans and savings accounts.
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Fed holds rates steady despite concerns over inflation
Two of the 12 Federal Open Market Committee voters dissented from the decision. Both wanted to raise rates by a quarter percentage point.
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Peltola campaign aides, DSCC officials helped recruit second Dan Sullivan in Alaska race: NYT
The DOJ wants a judge to temporarily block certification of the Alaska Senate election if incumbent Sen. Dan Sullivan loses due to voter confusion.
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Apple brings touch to the Mac, reversing years-old stance on touchscreen laptop
Apple announces a new touchscreen laptop, the company's third major launch under new CEO John Ternus.
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Alphabet sinks 10% as it holds 2026 capex unchanged, expects significant increase in 2027
Alphabet faces a skeptical Wall Street as it prepares to report quarterly results.
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The UK cuts energy bills, taxes banks and boosts defense in high-stakes budget
The U.K. budget cuts household energy costs, raises taxes on banks and directs billions toward defense, Ukraine and artificial intelligence
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Wendy's shares jump 15% as Nelson Peltz's Trian offers $1.4 billion to buy burger chain
Wendy's has endured a tough two-year stretch as diners eat out less often.
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CNBC TEC Summit live updates: How the enterprise is adopting AI successfully
Follow CNBC's 2026 Technology Executive Council Summit for live updates on AI agents, cybersecurity, AI costs and the future of work.
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FEC campaign finance system offline days before midterms after hackers reportedly target site
Total political ad spending and reservations for the 2026 cycle has topped $11.2 billion, according to AdImpact.
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New Zealand dollar tanks after central bank defies markets' near-certainty it would hike rates
The currency has lost almost 5% against the U.S. dollar in six months.
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Fed meeting recap: Warsh says central bank will host fewer rate-setting meetings in future years
Markets are pricing in less than a 10% chance that the FOMC follows up its quarter--point hike in September with another increase.
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Mortgage rates fell for the second straight week, but more borrowers still sought savings in riskier loans
Mortgage rates have fallen over the past two weeks, but demand is only slightly higher, and more borrowers are looking for savings in riskier loans.
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Google alters its cloud playbook, enlisting partners to sell more AI chips
Google is opening its TPU business beyond its own cloud as custom chips become a bigger engine for growth.
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At least 68 people dead in high-speed Spain train crash
It is the second deadly high-speed train collision in Spain this year.
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