Fed holds rates steady, indicates three cuts coming in 2024
The Federal Reserve on Wednesday held its key interest rate steady for the third straight time and set the table for multiple cuts to come in 2024 and beyond.
Former Facebook diversity strategist pleads guilty to stealing more than $4 million from company
Meta, the parent of social media giant Facebook, cooperated with the fraud investigation of former DEI strategist Barbara Furlow-Smiles.
Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting.
SpaceX valuation climbs to $180 billion
The valuation of Elon Musk’s SpaceX hit $180 billion based on an ongoing secondary share sale, CNBC confirmed Wednesday.
Glenn Youngkin praises Trump on economy, downplays ‘dictator’ fears
The billionaire Home Depot co-founder Ken Langone, who was also on CNBC’s program, expressed fear about how Trump might wield government power if elected again.
How to stop Dropbox from sharing your personal files with OpenAI
If you’ve used any of Dropbox’s AI tools, some of your documents and files may have been shared with OpenAI.
Hunter Biden defies subpoena, defends business record
Hunter Biden lashed out at Republicans pursuing an impeachment inquiry as he defied a congressional subpoena for a closed-door deposition.
The stock market just triggered an ‘overbought’ signal that has typically led to a decline over the next month
Almost one-third of the stocks in the S&P 500 just reached an overbought level, often heralding poor performance, according to Wolfe Research.
Appeals court rejects Trump presidential immunity challenge to E. Jean Carroll case
The case centers on Donald Trump’s claim in 2019 that the writer E. Jean Carroll made up an allegation that he raped her.
Wholesale prices held flat in November, providing another encouraging inflation signal
The producer price index, which measures a broad range of prices on final demand items, was unchanged for the month.
