Intel jumps 7% as it returns to profitability after two quarters of losses
Intel management has told investors that the company’s turnaround will take time, and that it is aiming to match TSMC’s chip-manufacturing prowess by 2026.
Judge imposes gag order on Sam Bankman-Fried as prosecutors allege witness tampering: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry….
Wall Street economists say rate hikes are over, even if the Fed won’t admit it
The money is rising on the likelihood that Wednesday’s quarter-point rate hike was the last one before the Fed goes on pause
Shein says it was profitable in the first half of the year as U.S. IPO rumors swirl
Shein reached the highest profit in the company’s history during the first half of 2023 as rumors swirl over whether the fast-fashion juggernaut will go public.
European stocks sharply higher as ECB joins Fed in hiking rates
European stock markets were higher on Thursday as traders digested two major central bank policy decisions.
Quiz: If you answer these 10 questions correctly, you have higher emotional intelligence than most people
See if you can pick the emotionally intelligent response to 10 different situations that could arise on the job or with other people.
Regulators unveil sweeping changes to capital rules for banks with $100 billion or more in assets
The heightened requirements would apply to all banks with at least $100 billion in assets and would impact the biggest and most complex banks the most.
Turkey’s central bank says inflation is set to hit 58% — more than double its previous estimate
Turkey’s central bank expects inflation to hit 58% by the end of 2023, its new governor Hafize Gaye Erkan said in her debut news conference Thursday.
Meta stock surges after earnings as ‘year of efficiency’ pays off
Analysts cheered Meta’s results, pointing to improved ad targeting, increased Reels monetization and a payoff from cost-cutting efforts.
Tesla created secret team to suppress thousands of driving range complaints
Years ago, Tesla rigged dashboard readouts to show optimistic driving range projections. Last year, it formed a special team to cancel service appointments.
