'Job hugging' has replaced job-hopping, consultants say, as workers cling to current roles Workers are clinging to their jobs as they sour on their prospects in the labor market.
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China's EV industry is spending more on factories abroad than at home for the first... For the first time on record, the Chinese electric car supply chain last year invested more overseas than domestically, according to Rhodium Group.
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When 'invest like the 1%' fails: How Yieldstreet's real estate bets left customers with massive... Customers of the private markets startup Yieldstreet said they face huge losses on real estate investments that turned out to be far riskier than they thought.
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Fed's Goolsbee sees 'note of unease' as central bank looks to next interest rate move Goolsbee said a mixed bag of inflation data coupled with uncertainty over tariffs have given him pause about lowering rates.
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Who will Trump pick for Fed chair? Hear from all the candidates in their own... President Trump's short list to replace Jerome Powell as Fed chair has turned into a long list of nearly a dozen possible candidates.
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New York Attorney General James sues Zelle parent company, alleging it enabled fraud New York Attorney General Letitia James sued the parent company of payments network Zelle, alleging it enabled fraud.
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Odds of Trump tapping David Zervos for Fed chief jump on Kalshi after CNBC report Users on prediction market Kalshi are increasing their chances that Jefferies Chief Market Strategist David Zervos will become the next Federal Reserve Chair.
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Trump considering 11 candidates for Fed chair, including David Zervos and Rick Rieder, sources say The size of the Fed Chair candidate list and the process described suggest a decision is not imminent and could take a considerable amount of time.
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Here’s the inflation breakdown for July 2025 — in one chart The consumer price index rose 2.7% in July on an annual basis. There's some evidence tariffs are putting upward pressure on inflation, economists said.
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Using my phone as a Paris guidebook cost me $50 — here's how to save... There are many ways to prevent a higher phone bill when traveling internationally.
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EV sales soar as Trump axes $7,500 tax credit: 'People are rushing out' to buy,... Consumers are acting ahead of a fast-approaching Sept. 30 deadline to claim the tax break for electric vehicles.
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How dealmaking king Goldman Sachs aims to dominate another corner of Wall Street In a new interview with CNBC, a Goldman executive breaks down a key area of growth for the banking behemoth and more.
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Bank of England chief says no rift with UK government as Revolut licence delay draws... Bank of England Governor Andrew Bailey denied that relations between the central bank and government had soured over delays to Revolut's bank license.
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Record-setting market: Using ETFs to help avoid hefty tax bills A major exchange-traded fund provider is getting ready to launch a fund designed to ease investors' tax burdens.
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Imposter scams cost older adults $700 million in 2024, FTC finds: Some victims are ‘clearing... Americans age 60 and older are increasingly reporting being victims of imposter scams, sometimes losing their life savings.
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Trump to nominate economic advisor Stephen Miran to be new Fed governor, replacing Kugler Trump on Thursday announced he has selected Stephen Miran, chair of the Council of Economic Advisors, to serve on the central bank.
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Trump signs order allowing alternative assets like cryptocurrencies, private equity in 401(k)s The executive order directs the U.S. Secretary of Labor to review fiduciary guidance on private market investments in 401(k) and other defined-contribution plans that are governed by ERISA.
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Prediction markets have a new favorite for the next Fed chair — Christopher Waller Waller's chance on Kalshi has exceeded the previous front-runners, former Fed official Kevin Warsh and current National Economic Council Director Kevin Hassett.
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Trump faces a variety of choices as he seeks to fill Fed vacancies Fed Governor Adriana Kugler's surprise resignation last week brought back a scenario that seemed to be fading.
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Opendoor tanks after earnings as CEO thanks new investors for 'increased visibility' Opendoor shares soared 245% in July and got off to a hot start in August as retail investors poured into the online real estate company.
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Prediction markets see Hassett and Warsh as Fed chair front-runners as Trump talks up the... In a wide-ranging interview on CNBC's "Squawk Box," Trump spoke highly of Hassett and Warsh as potential candidates to replace Powell.
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Trump says JPMorgan Chase, Bank of America rejected him as a customer President Donald Trump said Tuesday that the two largest U.S. banks rejected him as a bank customer, reviving claims of debanking against conservatives.
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Op-Ed: The 'Advisory Firm of 1' — AI will change how your wealth is managed Dr. Vinay Nair is the founder and CEO of TIFIN, a fintech platform using AI to build products for the wealth, insurance and asset management industries.
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AI is already impacting the labor market, starting with young tech workers, Goldman economist says Unemployment rates among tech workers between 20 and 30 years old jumped by 3 percentage points since the start of this year, said Goldman Sachs' Joseph Briggs.
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Berkshire shares dip after earnings decline, lack of buybacks disappoint investors A move that caught many by surprise was a big write-down for Berkshire's underperforming Kraft Heinz stake.
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Berkshire Hathaway operating earnings dip 4% as conglomerate braces for tariff impact Berkshire's operating profit dipped 4% year over year to $11.16 billion in the second quarter.
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‘The eye of the hurricane’: Why the U.S. job market has soured, economists say Federal data suggests the job market has slowed more than previously thought amid economic headwinds.
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Fed governors Bowman, Waller explain their dissents, say waiting to cut rates threatens economy Two Federal Reserve officials who voted this week against holding a key interest rate in place explained their decisions Friday.
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Ray Dalio sells his last remaining stake in Bridgewater, steps away from hedge fund's board Bridgewater completed the final transition of Dalio's equity shares, wrapping up his management transition started in 2022.
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Emergency funds are a 'security blanket' for 401(k) savings, Vanguard researcher says. Here's why Rainy-day funds help prevent savers — especially hourly workers — from raiding their retirement accounts.
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