Sovereign wealth funds and other investors are jostling to buy into an Anthropic stake. But the company has ruled out taking any Saudi money.
Kategorie-Archiv: CNBC Financial News
How to spot and overcome ‘ghost’ jobs
Many online job ads were posted months ago, giving the illusion of a phantom listing. There are ways to sidestep ghost jobs and position yourself for success.
Immigration is boosting the U.S. economy and has been ‚really underestimated,‘ says JPMorgan research head
Joyce Chang, chair of global research at JPMorgan, said the recent surge in immigration — and its economic benefits — had been „really underestimated.“
Nike shares slide on lackluster outlook, slowing China sales
Nike is in the midst of a broad restructuring to cut costs by about $2 billion over the next three years as consumer demand remains uncertain.
Lululemon shares plunge 10% on weak guidance, slowing North America growth
Lululemon raised its holiday sales guidance in January after it saw sales trends come in „balanced across channels, categories, and geographies.“
TikTok aside, Congress has its eye on the U.S. money going into China
Greater Congressional scrutiny on U.S. investments into China means any new rules or restrictions may outlast presidential terms and become part of U.S. law.
Fed raises GDP and inflation outlook, while keeping rate cut forecast
The Federal Open Market Committee’s March projections for rate cuts shows a median Federal funds rate of 4.6% in 2024, versus 5.25%-5.50% today.
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 in January.
Fed holds rates steady and maintains three cuts coming sometime this year
The Federal Reserve on Wednesday released its decision on interest rates following its two-day policy meeting.
Shares of Micron pop 14% on earnings beat driven by AI boom
Shares of Micron popped in extended trading Wednesday after the company announced earnings that beat analysts‘ expectations