News from the economy, politics and the financial markets
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Latest news
$208 million wiped out: Yieldstreet investors rack up more losses as firm rebrands to Willow Wealth
Yieldstreet is attempting to move past a troubled track record by rebranding to Willow Wealth while customers reel from a still-unfolding collapse of its funds.
Putin says Russia is willing to supply 'uninterrupted' fuel to India, as U.S. pressures New Delhi to cut back
Russian oil exports have declined owing to U.S. sanctions on two of its largest oil companies Rosneft and Lukoil.
India cuts rates to 5.25% as expected as central bank flags ‘weakness in some key economic indicators’
India's central bank cut its policy rate by 25 basis points to 5.25%, matching forecasts from economists polled by Reuters.
Asia-Pacific markets slide after subdued Wall Street session
Asia-Pacific markets slid on Friday following a subdued Wall Street session.
CNBC's Inside India newsletter: How a government app in India triggered a backlash over internet freedom
The Indian government asked phone manufacturers to preload a state-run cybersecurity app with no option to disable it, drawing a public backlash.
Some AI stocks that trade at a reasonable price, according to Citigroup
Citigroup's "AI at a Reasonable Price" basket offers an avenue for individuals into AI using a diversified set of stocks, such as Meta, Eaton and Adobe.
Supreme Court revives pro-Republican Texas voting map
The U.S. Supreme Court revived on Thursday a redrawn Texas electoral map designed to add more Republicans to the U.S. House of Representatives.
Salesforce CEO calls AI a 'commodity feature', says the technology bolsters enterprise software
Salesforce CEO Marc Benioff told CNBC's Jim Cramer how his company uses AI.
Costco adds Biden Commerce Sec. Gina Raimondo to board on heels of Trump tariff lawsuit
The Supreme Court is set to soon determine if President Donald Trump had the power to unilaterally impose tariffs that Costco now is seeking to claw back.
Ulta shares pop as beauty retailer hikes sales and earnings outlook for second straight quarter
Ulta easily beat Wall Street's earnings expectations for its third quarter.
Trademarks, copyrights and patents are all forms of IP: Here's what they protect
Protecting their intellectual property is key for any business owner. Here's how to do it.
Santoli's Thursday market wrap-up: Speculative juices starting to flow back into spicier corners
After a 5% rebound rally, the S&P 500 is hesitating a bit around 6850, comfortably near the upper end of a two-month range.
Paramount questions Warner Bros. Discovery on 'fairness and adequacy' of sale process: Read the full letter
Paramount attorneys sent a letter to Warner Bros. Discovery questioning whether its acting in the best interest of shareholders.
Starbucks Workers United holds rally in NYC as strikes continue for a third week
Several hundred picketers gathered outside of the Empire State Building, the site of a Starbucks Reserve location and the company's regional headquarters.
CFTC announces listed spot crypto trading on U.S. regulated exchanges: CNBC Crypto World
On today's episode of CNBC Crypto World, bitcoin hovers around $92,000. Also, CFTC Acting Chair Caroline Pham announces listed spot crypto products will begin trading on regulated exchanges in the U.S. And, JP Richardson, CEO at Exodus, discusses crypto prices, regulatory advancements for digital assets and the company's acquisition of W3C, the parent of card and payments infrastructure providers Baanx and Monavate.
The market's big swing from oversold to overbought — plus, the GE Vernova bull case
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
'We're in it together': These friends chose 'co-buying' to achieve homeownership—how they make shared lives and mortgages work
With the cost of homeownership and mortgage rates continuing to rise, friends are co-buying homes together.
Watch: AG Bondi, FBI Dir. Patel speak after Jan. 6 pipe bomb suspect arrested
The bombs were planted before Jan. 6, 2021, when President Donald Trump's supporters stormed the Capitol as Congress met to confirm Joe Biden's electoral win.
Where to lock in 4% yields on CDs ahead of likely Fed rate cut
CD rates are down from their highs but still offer solid returns.
Congressional watchdog probes Trump FHFA chief Bill Pulte
Pulte has made allegations of mortgage fraud against New York Attorney General Letitia James, Fed Gov. Lisa Cook, Sen. Adam Schiff, and Rep. Eric Swalwell.
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