KKR-backed OPI nail polish owner Wella Co. files for U.S. IPO
The hair and nail care firm joins a growing list of consumer companies looking to tap investor interest in public markets.
Trump says U.S. growth could hit 20%. It’s happened only once since WWII
Trump argued rapid growth should not prompt Fed rate hikes, even as inflation remains above the central bank’s 2% target.
Supreme Court lets Trump build White House ballroom as lawsuit continues
Chief Justice John Roberts dissented with three liberal justices, saying, “That construction is likely unlawful.”
FTC sues Amazon, accusing the e-commerce giant of misleading advertisers
The FTC sued Amazon, alleging the company misled advertisers through a deceptive auctioning system.
Markets see Warsh endorsing a rate hike in September. Not everyone is convinced
The path toward the move still looks cluttered.
Microsoft Outlook and OpenAI’s ChatGPT Work are experiencing user outages
OpenAI’s ChatGPT Work offering was down for some users on Monday, and Microsoft said it was having issues with Exchange Online.
Trump announced a massive oil deal with Venezuela. Why it won’t lower gas prices anytime soon
President Donald Trump announced Friday that the U.S. secured majority control over 65 billion barrels of Venezuela’s proven oil reserves.
AI data centers need massive amounts of cooling. Jenny Harrington is buying this HVAC stock
Carrier Global is one of the world’s largest heating and cooling companies, with products ranging from residential HVAC systems and heat pumps to massive cooling systems for commercial buildings and AI data centers.
Bessent pushes back on Druckenmiller critique of bond intervention
Bessent, at a G20 finance meeting, told CNBC he spoke with Stanley Druckenmiller after his critical op-ed was published and that their conversation went “fine.”
Broadcom reports earnings this week. Mike Khouw says this trade could be a winner
“The stakes are high” heading into Broadcom earnings, says Mike Khouw.
