CNBC Daily Open: Dow hits record high — thanks to the Fed
The Federal Reserve’s meeting yesterday showed monetary policy’s still effective — and it still has an outsized impact on financial markets.
ChatGPT back online after ‘major outage,’ OpenAI says
OpenAI said Thursday a major outage on ChatGPT, its artificial intelligence chatbot, was resolved.
Why ‘you can do anything’ isn’t a good thing to say to kids. Here’s how to inspire them instead
“‘You can do anything,’ is positive, but it’s very generalized,” according to psychotherapist Joanna North, and kids need specific aims.
Manhattan median rent falls for the first time in over two years
The median rent in Manhattan fell 2% in November, to $4,000 from $4,095, according to Douglas Elliman and Miller Samuel.
Temu files fresh lawsuit against Shein, accusing its rival of ‘mafia-style intimidation’
Temu alleged that fast-fashion brand Shein infringed on its intellectual property rights, falsely imprisoned its merchants, among other moves.
Asia markets end mostly mixed as Fed signals cuts next year
The U.S. Federal Reserve held its key interest rate steady for the third straight time and set the table for multiple cuts to come in 2024 and beyond.
She’s got one of the world’s ‘worst’ passports but still managed to visit more than 100 countries
Maliha Fairooz wants to visit every country in the world, despite having a Bangladeshi passport, which is ranked eighth worst globally.
Five reasons why India stocks are rallying and could keep going
India’s stock markets have staged record-breaking rallies this year, making it a favorite among its Asia-Pacific counterparts.
Citi names 3 stock opportunities after Argentina devalued its currency by 50%
The U.S.-listed shares of two Argentine companies have run up by more than 40% since President Milei’s election, on hopes of an economic turnaround.
Is Novo Nordisk a buy? Wall Street banks weigh in — and one gives it 36% downside
For many investors, the weight loss drug boom has boosted the Danish pharmaceutical giant’s appeal this year — but one investment bank has reservations.
