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China's fiscal stimulus is losing its effectiveness, S&P says

China's fiscal stimulus is losing its effectiveness and is more of a strategy to buy time for industrial and consumption policies, S&P Global Ratings said.

Inside the world of flying cars, or eVTOLs, which are moving closer to reality

EVTOLs, or electric vertical take-off and landing vehicles, popularly known as flying cars, are being developed by firms in the United States, Europe and Asia.

As India heads to the polls, Modi’s BJP is set to get a boost in opposition-ruled Tamil Nadu

Politics in Tamil Nadu has been dominated by regional players with ethno-nationalist ideologies, rooted in the Tamil language and culture.

Critical mineral mining is key to the green transition, but experts warn reputational risks remain

Critical mineral mining is important to the green transition, but the mining industry's poor reputation is creating investment barriers.

Israel carries out limited strike against Iran, NBC News source says

Israel launched a limited direct military attack on Iranian soil early Friday morning, a source familiar with the situation told NBC News.

'We've never seen anything like this': Dubai Airports CEO expects normal service within 24 hours after flood chaos

Dubai Airports CEO said he expects services to return "close to normality" soon as the major transit hub deals with the fallout from unprecedented flooding.

Cramer says two recent earnings reports may indicate a slowdown is brewing β€” but not enough for a Fed cut

CNBC's Jim Cramer said disappointing quarters from trucker J.B. Hunt and real estate investment trust Prologis could mean an economic slowdown is brewing.

Israel and Iran: All-out war, or measured retaliation?

A full-blown Israel-Iran war would be devastating to both sides and highly destabilizing for the Middle East.Β 

Bitcoin price briefly drops below $60,000 before rebounding ahead of halving

Bitcoin rose above $64,000 on Friday after dropping below the $60,000 mark as the cryptocurrency continues to see volatility ahead of the upcoming halving.

German cars are the best in the world, its finance minister insists: 'They do not have to fear Chinese competition'

German cars are β€œthe best in the world” and the country’s carmakers do not have to fear competition from China, German Finance Minister Christian Lindner said.

Procter & Gamble sales disappoint as price hikes slow down

The Tide owner's quarterly volume was flat for the second consecutive quarter.

IRS waives mandatory withdrawals from certain inherited individual retirement accounts β€” again

The IRS has again waived required minimum distributions for some inherited retirement accounts. Here's what heirs need to know for 2024.

Bitcoin evangelist Michael Saylor has made $370 million from MicroStrategy stock sales this year

Following a share-sale plan executed last year, MicroStrategy founder Michael Saylor has profited handsomely from unloading stock in 2024.

Trump trial opening statements to begin Monday as ex-president loses appeal to delay hush money case

A full panel of 12 jurors and six alternates was selected Friday for the New York criminal hush money trial of Donald Trump.

Los Angeles is using AI in a pilot program to try to predict homelessness and allocate aid

In Los Angeles, a Homelessness Prevention pilot program aims to use predictive AI to identify individuals and families at risk of becoming homeless.

Messaging app Telegram to allow Tether stablecoin payments

Users of encrypted messaging service Telegram can now start sending money via the stablecoin USDT by using The Open Network blockchain.

Defense giant BAE Systems linked to arms deals in countries accused of human rights abuses, report finds

British defense contractor BAE Systems does business with countries accused of known or suspected human rights abuses, according to a new report.

Trump Media alerts Nasdaq to potential market manipulation from 'naked' short selling of DJT stock

Donald Trump owns nearly 60% of Trump Media, which operates the Truth Social app. DJT shares are sharply down since their March trading debut.

Self-made millionaire who retired at 35 shares his No. 1 money regret: I was doing the 'bare minimum'

Everything worked out for Steve Adcock, but he still wishes he has invested a larger portion of his income at an earlier age.

How much money Americans in their 30s saved in 2023β€”and how to save more, according to a CFP

Despite various financial burdens, people in their 30s managed to save the most out of any age group last year β€” and here's how they can save even more in 2024.

Tesla recalls Cybertruck over 'trapped pedal' issue seen in owner's viral TikTok video

Tesla has issued a voluntary recall of 3,878 of its Cybertruck vehicles to repair a "trapped pedal" issue seen in a viral TikTok video.

Some students are still struggling to access college aid amid ongoing FAFSA 'disaster'

ProblemsΒ with the newΒ FAFSAΒ have resulted in fewer students applying for college financial aid, which could impact enrollment decisions for the fall.

Apple pulls Meta's WhatsApp, Threads from China App Store

Apple on Friday said it has pulled WhatsApp, Threads, Signal and Telegram from the App Store in China.

39-year-old left full-time job to grow her side hustleβ€”now she makes $279,000 a year without working 'all the time'

Bernadette Joy started her money coaching business as a side gig, before realizing she could use it to increase her income while spending less time working.

Nespresso, Keurig have new coffee pods coming designed to put an end to all the garbage

Nespresso and Keurig are launching plant and paper-based compostable coffee pods as billions of dollars spent on single-brew machines lead to big waste problem.

Here's what 12 European Central Bank members said about interest rates this week

The ECB has become "the central bank to be followed," one central bank governor said.

FAA will require more rest time for air traffic controllers amid fatigue concerns

Staffing shortfalls have led to forced overtime and tightly packed air traffic controller schedules

You could claim up to $500 from Walmart as a part of a $45 million class action lawsuitβ€”here's how to check

A class action lawsuit alleges Walmart overcharged customers for certain weighted goods and bagged citrus. How to file a claim for a cash payout up to $500.

Why Coterra is surging Friday while the stock market sits in oversold territory

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

Nvidia dragged to worst day since March 2020 after Super Micro plunge

Super Micro Computer shares plunged on Friday as investors peeled back their holdings of one of the stock market's hottest names.

Drone startup Zipline hits 1 million deliveries, looks to restaurants as it continues to grow

The company said its zero-emission drones have now flown more than 70 million autonomous commercial miles across four continents.

Something strange has been happening with jobless claims numbers lately

For five of the past six weeks, the level of initial jobless filings totaled exactly 212,000.

Lululemon to shutter Washington distribution center, lay off 128 employees after tripling warehouse footprint

Lululemon is shutting down its Washington distribution center and laying off 128 employees after it opened a massive new warehouse outside of Los Angeles.

Citadel Securities blasts Trump Media CEO Devin Nunes over DJT short-selling letter

Citadel Securities, whose founder is Ken Griffin, was mentioned in a letter by Trump Media CEO Devin Nunes. Donald Trump owns most Trump Media shares.

By 2054, there will be 422,000 Americans over age 100. That poses a financial challenge

People are living longer than ever, a dynamic that puts stress on the traditional notion of retirement savings.

Man sets himself on fire outside Trump trial courthouse in New York

Donald Trump was inside Manhattan Supreme Court when the man set himself on fire outside, during the last phase of jury selection.

Fed’s Goolsbee says β€˜more sniffing’ may be needed before rate cuts

Federal Reserve Bank of Chicago president Austan Goolsbee on Friday said "more sniffing" is needed before the Fed can cut interest rates. Here's what to know.

A troubling trend is brewing this earnings season. Here is Jim Cramer's remedy

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Here's why it could be better to buy Series I bonds before May, experts say

Series I bonds could fall below 5% in May. Here's the best time for long-term investors to buy.

Most retirees don't delay Social Security benefits, research finds. Here's why experts say it pays to wait

A majority of new retirees claim Social Security retirement benefits before age 65, new research finds. Here's why experts say it's better to wait.

P&G's initial decline had nothing to do with earnings. The market later agreed

Management's call with investors had us feeling very good about Procter & Gamble's future, no matter the economic backdrop.

New York AG says $175 million Trump fraud bond isn't properly backed, should be voided

Donald Trump was ordered to pay more than $450 million in damages in a civil business fraud lawsuit lodged by New York Attorney General Letitia James.

TV and film jobs may never fully recover post-pandemic, strikes, says Teamsters president

When it comes to film and TV jobs, "you'll hear the word 'contraction' a lot," said Teamsters president Tommy O'Donnell on a recent MediaMKRS panel.

Cramer’s week ahead: Earnings from Tesla, Merck and Big Tech

CNBC'sΒ Jim CramerΒ said next week's PCE index report will be the real gauge of inflation.

The Bitcoin network completes the fourth-ever β€˜halving’ of rewards to miners

The Bitcoin network completed its fourth "halving," which reduces miners' rewards and helps the cryptocurrency maintain its digital gold quality.

VW workers in Tennessee vote to join UAW in historic win for Detroit union

Volkswagen workers in Tennessee have voted in favor of the United Auto Workers β€” marking the union's first successful organizing drive of a foreign automaker.

Why the oil market shrugged as Iran and Israel appeared on the brink of war this week

Investors seem to believe that Israel's limited retaliatory strike has provided Iran with an off ramp to refrain from counterattacking.

If you’re investing in the AI theme for the long haul, here’s how to pick the winners

The excitement behind artificial intelligence is far from over. How to make smart decisions when investing behind the trend.

Most people on weight loss drugs are spending less on restaurants and takeout, survey says

The findings add to concerns that GLP-1s could take a bite out of the bottom lines of some of the biggest restaurant companies and packaged food makers.

Oasis launches a campaign at Kao Corp, but this battle is likely to be a difficult one

Oasis Management is calling for a dramatic overhaul at the skin care company, but this won't be an easy fight for the investor.

The most successful people never use these 5 toxic phrases when talking to themselves, says psychologist at Yale

Most people have a toxic relationship with themselves, says Yale lecturer Emma SeppΓ€lΓ€. But you can replace these self-criticisms with healthier expressions.

Homeownership isn't for everyone, money coach says: Don't fall for artificial 'pressure to buy'

Latina financial expert Jannese Torres, host of the "Yo Quiero Dinero" podcast, discusses what she has learned about certain milestones such as homeownership.

Reed Hastings shares the 3-word tactic that helped make Netflix a $240 billion companyβ€”it's called 'farming for dissent'

Netflix co-founder and chairman Reed Hastings says a good leader seeks out critical feedback whenever possible. Here's his three-word strategy for doing it.

The income a family of 4 needs to live comfortably in every U.S. state

In Massachusetts, a family of four needs more than $300,000 to live comfortably β€” the highest of all U.S. states.

3 in-demand, high-paying side hustlesβ€”some can pay more than $200 an hour

"There's a huge need for people who know how to do SEO," says founder and CEO of Sidehusl.com Kathy Kristof.

This Ohio cabin was just named one of the top 10 vacation rentals in the worldβ€”check it out

This luxe Ohio cabin managed to snag a spot on the list of the top 10 vacation rentals in the world, as did a Texas glamping property.

Harvard professor who teaches a class on happiness: The happiest people balance and prioritize 3 things

Approach happiness as if it's a well-balanced meal, and focus on the "three macronutrients of happiness," said Harvard happiness expert Arthur C. Brooks.

6 portfolio stock earnings and the Fed's favorite inflation gauge dominate the week ahead

We're also going to continue to watch Israel and Iran tensions as well as the continued fighting in the Israeli-Hamas war and Russia's war in Ukraine.

How a Jack Dorsey-backed bitcoin miner uses a volcano in Kenya to turn on the lights in rural homes

A small bitcoin miner in Africa is setting up shop in rural areas to try and bolster the continent's power supply while also making money.

'Big change' in global growth is bullish for commodities including copper, says VanEck CEO

VanEck CEO Jan van Eck thinks the commodities' rally has more room to run.

4 travel secrets of the mega-rich, from a vacation planner for billionaires

Jaclyn Sienna India's members-only travel agency offers a $150,000 yearly option for unlimited travel and dining reservations, plus 'lifestyle' help.

Trump berates judge for 'rushed' hush money trial, days before opening statements

Trump's New York hush money trial completed jury selection on Friday and will introduce opening statements on Monday.

House passes Ukraine, Israel, Taiwan aid, potential TikTok ban

President Biden first proposed a funding package for Ukraine, Israel, Taiwan and the U.S. border in October.

Jim Cramer ranks first-quarter earnings from 6 major U.S. banks. Our portfolio stocks fared well

Club names Morgan Stanley was No. 1 and Wells Fargo was No. 3, according to Jim Cramer's analysis.

Rep. Marjorie Taylor Greene blasts Speaker Mike Johnson, says will wait on potential move to vacate

Rep. Marjorie Taylor Greene says she will let her fellow House Republicans hear from their constituents before deciding whether to move forward with a vote to remove Speaker Mike Johnson.

Trump Media CEO says he’ll do β€˜whatever it takes’ to defend DJT investors from short sellers

President Biden mocked Donald Trump for Trump Media's stock decline in a Pennsylvania speech.

Cricket, a big business in India, brings star power to the U.S. with the country's first world cup

A cricket world cup is arriving in the U.S. for the first time as the country explores its future with the sport.

Top Wall Street analysts pick these 3 dividend stocks for higher returns

TipRanks' analyst ranking service highlights Wall Street's best-performing stocks, including Cisco Systems and Goldman Sachs.

If you use these 3 phrases, you’re more resilient and secure than most, psychologists say

Psychologists recommend using these three phrases to strengthen your mental toughness, and become a more resilient and secure person.

You can buy a home in France or Italy for 'the price of a new truck'β€”but take these 3 steps before retiring abroad

Tommy Sikes started searching French and Italian properties for fun. Now the CFP helps guide clients toward their dream European retirements.

This is the best U.S. city for remote workersβ€”it has a population of 68,000

While the best cities for remote workers are spread across Europe and Asia, one U.S. city cracks the top 10.

We added to 5 portfolio stocks in last week's oversold market. Here's the breakdown

It was a tough, choppy week for stocks, but the oversold market gave us many opportunities.

Top 10 U.S. cities for eco-conscious livingβ€”they're almost all on the West Coast

Of the top 10 greenest cities in America, eight are on the West Coast.

Bitcoin miners upgrade power centers and get into AI to brace for slashed revenue post halving

Bitcoin mining firms diversify their revenue streams to brace for halving.

Cramer: The 'proximate cause' of Super Micro's 23% drop Friday? Go back to March 8

Many blamed Super Micro's decision to not preannounce earnings. But it started long before Friday.

Nowhere for the water to go: Dubai flooding shows the world is failing a big climate change drainage test

Urban environments paved over nature like Dubai with no way to drain the water from more frequent, massive rainfalls need new solutions for climate change fast.

Trump wins voters on inflation as Biden zeroes in on tariffs, jobs: NBC News poll

Trump attacked Biden on social media following the release of the most recent consumer price index.

AirPods, Rolex watches, Louis Vuitton bags: A company selling lost luggage items attracts worldwide fans

Unclaimed Baggage buys and sells items lost on airplanes and in hotels. A new report details the priciest and most fascinating finds in its 54-year history.

Here's where the world's top 0.001% are putting their money, according to wealth experts

There are about 28,420 centimillionaires globally, largely concentrated in New York City, the Bay Area, Los Angeles, London and Beijing.

Here are the top 10 smartest cities in the world β€” and none are in the U.S.

The 2024 Smart City Index, by IMD World Competitiveness Center and the World Smart Sustainable Cities Organization (WeGO), ranked 142 smart cities around the world.

Japan and South Korea could coordinate currency intervention, but they may need U.S. support

The U.S. last week acknowledged Japan and South Korea's "serious concerns" over the recent sharp depreciation in their currencies.

Global energy transition will require $4 trillion annually by next decade, BlackRock says

BlackRock estimates that the world's green energy transition will require $4 trillion annually by the mid-2030s, calling for more public-private partnerships.

Why Apple is betting big on India

Apple has recently made an aggressive play to expand operations on both the manufacturing and sales front in India.

Blinken to warn China over its support for Russia’s military during this week's visit

He is expected to convey Washington's "deep concerns" over this matter, when he is in Shanghai and Beijing from April 24-26.

China is still years behind the U.S. despite Huawei's breakthrough chips, Raimondo tells '60 Minutes'

Commerce Secretary Gina Raimondo downplayed China-based Huawei Technologies' latest microchip breakthrough, arguing that the U.S. remains years ahead.

Tesla slides 3%, Li Auto sinks 8% as EV makers slash prices amid fierce competition

Tesla shares sank 3%, while China's Li Auto hit an 11-month low after both companies slashed prices of their electric vehicles in China.

Israel's military intel chief resigns, citing failures over Oct. 7 attack

The intelligence chief of Israel's Defense Forces has resigned, citing failures linked to the Hamas terror attack carried out on Oct. 7.

Meta Platforms gets billions from China without headaches many U.S. companies face there

Meta Platforms has benefited from an influx of spending from Chinese advertisers. Its earnings report Wednesday will provide a fresh look at the tailwind.

Given a lifeline by the U.S., Ukraine must now prove it can beat Russia

Time is of the essence for Ukraine, which has been pleading for more air defense systems, artillery and ammunition to turn the tide in the war.

Pro-China party reportedly wins big in the Maldives, likely accelerating its shift away from India

The outcome is widely expected to accelerate the Indian Ocean archipelago's shift toward China and away from its traditional ally of India.

Here's why FEMA has spent about $4 billion to help destroy flood-prone homes

Floodplain buyouts allow homeowners to move out of harm's way and help the community create open space that can collect flood waters to protect other homes.

Emirates CEO issues apology after Dubai flood chaos; says airline has 30,000 suitcases to return

"We know our response has been far from perfect. We acknowledge and understand the frustration of our customers," Emirates Airline CEO Tim Clark wrote.

Global military spending hit all-time high in 2023 after 7% jump, report finds

Global military spending reached a fresh record high in 2023, totaling $2.4 trillion, a report by the Stockholm International Peace Research Institute said.

I made $40,000 a month from 3 income streams during a 4-month cruise around the worldβ€”here's how

I spent 10-15 hours a week running my online business from a ship, making mostly-passive income that helped me pay for my four-month, around-the-world cruise.

Couple grew their basement side hustle into a business bringing in $4.5M/year: We'd 'never seen anything like that in a bank account'

Audrey Finocchiaro and Sam Lancaster nearly gave up on The Nitro Bar. Now, their coffee business brings in $4.5 million a year across Rhode Island and Massachusetts.

Trump trial: Court adjourns with ex-National Enquirer publisher David Pecker set to resume testimony

Prosecutors and attorneys for Donald Trump clashed as they each tried to define the former president's alleged crimes in his historic hush money trial.

The highest-paying in-demand jobs that don't require a degree, according to new research

Demand for skilled tradespeople is expected to increase over the next decade and remain high in the U.S., McKinsey & Co. reports.

Informatica says it's not for sale, following Salesforce's reported interest in $10 billion deal

Informatica said Monday it was not currently in talks to sell itself, pouring cold water on reports that Salesforce was discussing a roughly $10 billion deal.

Express files for bankruptcy, plans to close nearly 100 stores as investor group looks to save the brand

Longtime mall retailer Express filed for bankruptcy and plans to close nearly 100 stores as an investor group looks to save it from extinction.

Carrier, the century-old inventor of the air conditioner, is moving on to the home heat pump

Carrier is pivoting to capture the booming market for climate-friendly home heat pumps as federal and state government offer tax credits and rebates.

Jim Cramer's top 10 things to watch in the stock market Monday

The S&P 500 and the Nasdaq are up early Monday, in another attempt to end their sharp six-session slides.

Crypto prices gain to start the week following first Bitcoin halving since 2020

The Bitcoin network completed its fourth β€œhalving” late Friday, reducing the rewards miners earned to 3.125 bitcoins from 6.25.

EU threatens to suspend TikTok Lite’s money-for-views program over addiction fears

The European Union on Monday opened proceedings against ByteDance's TikTok and threatened to suspend its newly launched TikTok Lite rewards program.

What will it take to get tech stocks rising again? An unemployment rate above 4%

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

83% of teenagers are already thinking about retirement β€” but many make this one mistake

More than eight in 10 teens have already thought about their retirement. However, far fewer know the best way to set up a long-term plan, according to a report.

Ex-JetBlue CEO Robin Hayes to run Airbus North America

The recently departed CEO will be managing relationships with customers in North America, including his former airline and Spirit.

Delta Air Lines gives staff another 5% raise, hikes starting wages to $19 an hour

Delta is the country's most profitable airline and has repeatedly lifted staff pay.

Meet the private doctor to the wealthy β€” at $40,000 a year

The rise of family office-style medical practices reflects the surge in wealth and growing demand for hyper-personalized, data-driven health care.

What investors should know about the UAW's organizing drive of VW

The historic vote could have wide-ranging impacts on other automakers, organized labor and the overall U.S. automotive industry.

Amazon ends drone program in California, plans to start deliveries in Arizona later this year

Amazon has been slow to expand Prime Air program since founder Jeff Bezos first sketched out his vision for drone deliveries in 2013.

Disney technology executive Aaron LaBerge to leave company for personal reasons

Disney Entertainment CTO Aaron LaBerge is leaving the company for personal reasons, according to a company memo. A search for his replacement is underway.

Donald Trump set to receive $1.25 billion worth of Trump Media stock in DJT earnout bonus

Former President Donald Trump is already the majority shareholder in Trump Media, which trades under the ticker DJT.

Mark Zuckerberg says Meta will offer its virtual reality OS to hardware companies, creating iPhone versus Android dynamic

The move will create new hardware devices that run the same operating system and software as Quest 3 and Quest Pro.

Luxury real estate prices just hit an all-time record

Luxury real estate sales increased more than 2%, posting their best year-over-year gains in three years, according to Redfin.

Consumers may soon get access to a share of $8.8 billion in Inflation Reduction Act home energy rebates

Home Energy Rebates funding should start flowing to many consumers within months after the Department of Energy approved the first state application.

Bitcoin's next gen tokens are here. Inside the Silicon Valley hacker house where 17 coders helped build the new memecoin market

Bitcoin coders at popup hackathon prepared for big launches on blockchain after the halving, and a cryptocurrency market now valued at over $2.4 trillion.

Ford shares surge on Tesla's EV price cuts as the legacy automaker falls back on its roots

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Here's what to know before withdrawing funds from inherited individual retirement accounts

If you've inherited an individual retirement account since 2020, you could have a shorter timeline to withdraw the money, which can trigger tax consequences.

Activist investor Jana discloses 'significant' stake in Wolfspeed, urges semiconductor manufacturer to consider sale

Activist investor Jana Partners has built a "significant" position in semiconductor firm Wolfspeed, according to a letter to Wolfspeed's board viewed by CNBC.

Tesla shares slide to 15-month low ahead of earnings, as Wall Street frets over price cuts, layoffs

Tesla's stock dropped for a seventh straight day on Monday, ahead of a highly anticipated earnings report from the electric vehicle company.

High-speed rail system from Las Vegas to Southern California breaks ground

Brightline West aims to be operational in 2028, when Los Angles hosts the Summer Olympics.

A major headwind for TikTok could be the ultimate tailwind for Meta's Facebook and Instagram

A TikTok ban in the U.S. would be the latest reason to stay invested in Club holding Meta Platforms after a year-and-half of strong stock gains.

Boeing expects slower production increase of 787 Dreamliner because of parts shortages

Boeing reports quarterly results before the market opens on Wednesday.

FTC sues to block Coach parent Tapestry's acquisition of Capri Holdings

The FTC argued the combination of Tapesty and Capri would hurt consumers and workers.

Tech's earnings bonanza this week shines spotlight on growing troubles at Tesla, Google

This quarter's earnings reports from the U.S. tech giants coincide with a mountain of drama that the companies are facing.

Oracle met with Senate aides about TikTok data storage after House ban passed

Oracle and TikTok have a corporate partnership called Project Texas that allows U.S. user data to be stored on Oracle's cloud.

Billionaire donors rethink Columbia University support amid pro-Palestinian protests

Columbia students set up a tent encampment to protest Israel's bombardment of Gaza.

UnitedHealth paid ransom to bad actors, says patient data was compromised in Change Healthcare cyberattack

UnitedHealth Group on Monday said it paid ransom to cyberthreat actors to try and protect patient data.

Cramer points to positives in Monday's rebound, but warns against lasting gains

Big Tech companies Tesla, Meta Platforms, Microsoft and Alphabet are scheduled to report their earnings this week.

High global food prices may finally see a bottom in 2024, says Oxford Economics

According to Oxford Economics, global food prices are expected to decline in 2024, offering some relief for shoppers.

India's high unemployment is a 'ticking bomb,' opposition says, as election battle with Modi's BJP heats up

India's youth make up 83% of the unemployed population, according to an ILO report, but government as well as ILO data shows a decline in joblessness in the past few years.

General Motors raises 2024 guidance after big first-quarter earnings beat

GM's North American operations, driven by truck sales, were largely responsible for the company's first-quarter beat and guidance raise, the automaker said.Β 

India is a key chip design market, Qualcomm says, as Modi makes semiconductor push

Qualcomm is already designing chips in India, Qualcomm India's president Savi Soin said in an exclusive interview.

U.S. ambassador insists security pact with Australia, U.K. won't spur a nuclear arms race

The AUKUS alliance was forged in 2021 to address shared regional concerns about China's rising power.

SoftBank will reportedly invest nearly $1 billion in AI push, tapping Nvidia's chips

SoftBank will invest $960 million by 2025 to bolster its computing facilities in preparation for its own generative intelligence model.

Drugmaker Novartis climbs after guidance rise on sales of blockbuster drugs

Shares of Swiss drugmaker Novartis climbed as much as 4.8% in early deals Tuesday after it raised its full-year guidance following better-than-expected first-quarter results.

Germany arrests EU Parliament staff member on China espionage charges

A German man was arrested for allegedly sharing information from the European Parliament with the China's secret service, the federal prosecutor’s office said.

World’s largest wealth fund says there’s β€˜clearly a lot of froth’ in the tech sector right now

The chief executive of Norway's gigantic sovereign wealth fund on Tuesday said there is "clearly a lot of froth" in the tech sector.

PepsiCo earnings beat estimates but product recalls, weaker lower-income consumer hurt U.S. sales

PepsiCo's volume and sales growth were better in most international markets than in its North America markets.

Apple iPhone sales drop 19% in China as demand for Huawei smartphones soars, research says

Apple saw sales of its iPhones fall 19.1% in the first three months of the year, according to data from Counterpoint Research.

Walmart-backed fintech One introduces buy now, pay later as it prepares bigger push into lending

One's expanding role at Walmart raises the possibility that the company could force Affirm and others out of some of the most coveted partnerships in retail.

JetBlue shares tumble nearly 19% after airline lowers 2024 revenue outlook

JetBlue said second-quarter revenue would likely drop as much as 10.5% on the year.

Philippines orders removal of Binance from Google and Apple app stores

The Philippines' Securities and Exchange Commission sent letters to Google and Apple requesting the removal of Binance apps from their respective app stores.

Google search boss warns employees of 'new operating reality,' urges them to move faster

At a recent all-hands meeting, Google search head Prabhakar Raghavan told employees that the world is changing and they have to adjust.

Jim Cramer's top 10 things to watch in the stock market Tuesday

The S&P 500 and Nasdaq try for two in a row Tuesday, one day after breaking their six-session losing streaks.

Spotify reports record quarterly profit after a year marked by deep layoffs and activist attention

Spotify beat expectations on the top and bottom lines when it reported quarterly earnings Tuesday, after a year of activist investor scrutiny and cost cutting.

Trump trial: National Enquirer would 'embellish' negative stories about Trump's 2016 rivals, Pecker says

Trump is charged with falsifying business records related to a scheme to silence porn star Stormy Daniels from speaking about an alleged tryst with him.

U.S. oil rises nearly 2% to top $83 a barrel as slowing manufacturing raises interest rate cut hopes

The House of Representatives passed legislation over the weekend that would broaden sanctions against Iran's oil exports

Less burnout for doctors, better clinical trials, among the benefits of AI in health care

Artificial intelligence has traditionally been used to make healthcare safer and better. Now generative AI is making efficency a priority.

UAE central bank asks lenders to defer loan repayments for six months to help flood-hit residents

Roughly a year's worth of rain pummeled the Gulf country in a span of just 12 hours between April 16 and 17, destroying businesses, cars and other property.Β 

No cognitive bias is more 'dramatic or dangerous' than this one, author saysβ€”here's how to avoid it

Confidence doesn't immediately raise red flags, but too much of it can keep us from asking for help or being able to admit what we don't know.Β 

Market veteran Howard Marks says Fed is 'not going back' to ultra-low rates

That means credit can provide a "very solid foundation" to an investment portfolio, the Oaktree Capital Management co-founder told CNBC.

How much Americans in their 40s have in their 401(k)sβ€”and how to boost it

Although many Americans in their 40s are getting closer to retirement age, they don't have much saved. Here's how to get on track.

Apple sends invites to May 7 launch event, new iPads expected

Apple will launch new products on May 7 in an online event, according to invites sent to the media on Tuesday.

Healthy Returns: Biotech IPOs ramped up to start 2024, but the market hasn't fully recovered just yet

Biotech IPOs surged at the start of 2024, but the rest of the year will depend on Fed rate cuts. Meanwhile, doctors using VR and AI to hone their skills.

Airbnb's new chief business officer shares his top priorities for hosts and travelers

International stays and more guest experiences are crucial parts of Airbnb's top priorities for future growth.

Tesla shares jump 13% after Musk says company aims to start production of affordable new EV by early 2025

Tesla reported disappointing earnings and revenue, but the stock rose on optimism that a new affordable EV model could enter production sooner than expected.

'Your personality will get you 10 times richer than your intelligence,' says self-made millionaire who retired at 35

When it comes to getting promotions and raises, your EQ is more important than your IQ, says 42-year-old millionaire Steve Adcock.

Google and the conversation topic many Americans want banned in the office

Just under half of all workers say they would be in favor of a ban on talking politics in the office, a new CNBC survey finds.

ByteDance, TikTok shelled out $7 million on lobbying and ads to combat potential U.S. ban

The disclosures show how TikTok officials lobbied Congress and President Joe Biden's executive office last quarter.

Labor Department issues rule to crack down on bad retirement savings advice

The Biden administration issued a final "fiduciary" rule that aims to rein in conflicts of interest that officials say erode Americans' savings.

Danaher shares jump 7% as the turnaround in biotech spending finally arrives

There was much more to like in this print, including strong headline results on the back of strength in all key operating segments.

Tesla cutting around 2,700 jobs in Austin as part of broad restructuring

Tesla is eliminating about 12% of its workforce at a factory in Austin, Texas, where the electric vehicle company is headquartered.

Here's why Biden administration believes new student loan forgiveness plan will survive legal challenges

After the Supreme Court blocked President Joe Biden's first plan to forgive student debt, his administration set out to create a more viable relief package.

HashiCorp shares spike on report that IBM is in talks to buy the cloud software maker

HashiCorp's business is growing considerably faster than that of IBM, which has been confronting a challenging economic environment.

Here's what to do if you missed the federal tax deadline

The federal tax deadline was April 15, and if you missed it, you should file and pay your balance as soon as possible to reduce penalties and interest.

Bond auctions are a bigger deal than usual this week. The first went the way of the bulls

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

DJT stock plunges 8% as Trump qualifies for 36 million bonus shares

Trump will receive an additional 36 million shares, worth about $1.15 billion, if the stock closes above a $17.50 minimum share price.

Senate passes long-awaited aid for Israel, Ukraine, Taiwan, and TikTok bill

President Biden initially proposed aid for Israel, Ukraine and Taiwan in October.

E.W. Scripps exploring sale of Black-culture broadcast network Bounce TV

E.W. Scripps has received inbound interest in its Black-culture network Bounce TV, CEO Adam Symson said in an exclusive CNBC interview.

FTC votes to ban noncompete clauses that bar employees from working for competitors

The FTC claims that noncompete agreements limit wage growth and increase prices for consumers.

Jack Dorsey’s payments company, Block, is building its own bitcoin mining system

The company, formerly known as Square, now building a full bitcoin mining system.

Oracle is moving its world headquarters to Nashville to be closer to health-care industry

Oracle is moving its world headquarters to Nashville, according to Larry Ellison.

Cramer points to signs the economy is slowing that could bring rate cuts from the Fed

CNBC's Jim Cramer referred to these factors as "brown shoots" that are disrupting U.S. economic growth.

Bird flu resurgence drives up egg prices, spurring some to stock up

The virus, commonly referred toΒ as bird flu, is extremely contagious and lethal among birds, has been detected in dairy herds in recent days.

Boeing reports better-than-feared quarter, says supply chain is stabilizing amid 737 Max crisis

Boeing has been mired in a safety crisis since a door plug blew off a 737 Max 9 in early January.

China's Xiaomi is selling more EVs than expected, raising hopes it can break even sooner

Chinese smartphone company Xiaomi aims to sell at least 10,000 pure electric cars a month, for more than 100,000 deliveries this year, said CEO Lei Jun.

β€˜A real wildcard’: World’s largest wealth fund issues inflation warning on hot commodity markets

The chief executive of the world's largest wealth fund says there are many wildcards in financial markets right now.

Volvo Cars shares down 8% as first-quarter revenues fall

Swedish automaker Volvo Cars on Wednesday reported an uptick in first-quarter core operating profits driven by strong retail sales.

Amazon is opening cloud regions in Southeast Asia to meet customer demand, CTO says

From startups to government agencies, Amazon CTO Werner Vogels said customers "have been asking" for local data residency.

Swiss pharma giant Roche's first-quarter sales edge higher as its emerges from post-Covid-19 slump

Roche lowered its 2024 growth outlook in February as it continues to confront a drop-off in demand for its Covid-19 products and a number of its cancer drugs.

Photos show Sahara dust turn Athens orange

Athens and the south of Greece appeared to be coloured in orange and red after dust from the Sahara engulfed the city on Tuesday evening.

Kering shares sink 9% after profit warning on declining Gucci sales

Shares of French luxury groupΒ KeringΒ sank more than 9% Wednesday after the company warned that it expects a sharp downturn in first-half profits as demand for its Gucci brand continues to wane.

U.S. prosecutors seek 36-month sentence for ex-Binance CEO Changpeng Zhao

U.S. prosecutors on Tuesday recommended an above-guidance, 36-month sentence for former Binance CEO Changpeng Zhao.

Despite earnings miss, Nucor CEO is confident this year will be a success

In a Tuesday interview with CNBC's Jim Cramer, Nucor CEO Leon Topalian said the steel maker was on the right track despite weaker-than-expected earnings.

China may have to brace for a new wave of bond defaults, S&P says

China might see a new wave of bond defaults as soon as next year β€” the third round in about a decade, according to an S&P Global Ratings report released Tuesday.

NASA releases satellite photos of Dubai and Abu Dhabi before and after record flooding

The deluge closed schools and businesses, grounded hundreds of flights, and destroyed cars, businesses and other property.

More than 3 million Medicare patients could be eligible for coverage of Wegovy to reduce heart disease risks, study says

For the first time, some Medicare beneficiaries will be able to access Novo Nordisk's Wegovy without having to shoulder the total monthly price tag.

UBS chair says Swiss banking giant is not 'too big to fail'

Colm Kelleher also said UBS was one of the best-capitalized banks in Europe at the UBS Annual General Meeting.

Biden issues new rules for airlines to require automatic cash refunds, prohibit surprise fees

President Joe Biden has also targeted junk fees for products like credit cards, cable and retirement savings accounts.

Here are the portfolio's top 5 performing stocks since the March Monthly Meeting

U.S. stocks hit a rough patch since the Investing Club's March Monthly Meeting. The losses would've been steeper if not for a strong start to this week.

Biogen tops profit estimates as cost cuts take hold, Alzheimer's drug Leqembi launch picks up

Alzheimer's drug Leqembi brought in approximately $19 million in sales for the quarter, up from the $10 million the drug generated last year.

Riderless horses recovered after running loose through London; β€˜a number’ of people injured

The U.K. army on Wednesday said they had recovered "a number" of military working horses after the animals broke free during a routine exercise.

Starbucks resumes bargaining with union after two sides thaw relationship

In February, Starbucks and Workers United said they found a "constructive path forward," marking a major strategic pivot for the coffee giant.

Microsoft, Amazon AI partnerships face scrutiny from British regulators

British antitrust regulators are seeking views on partnerships between Microsoft and Amazon with smaller generative AI model makers.

Foot Locker debuts 'store of the future' as it looks to win back Wall Street's confidence

Foot Locker unveiled its "store of the future" concept that will inspire the revamping of 900 stores the sneaker retailer is planning over the next two years.
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