AI Summary
- Tensions are heightening in the Middle East as Israel escalates military actions against Hamas, with a recent airstrike in Qatar leading to concerns about regional stability and U.S. involvement.
- South Korean workers detained during an immigration raid in Georgia are set to return home following delays, highlighting challenges in securing visas for Asian companies operating in the U.S.
- The call for trade action against Israel from EU leaders reflects a growing international reaction to the situation in Gaza, suggesting increased scrutiny on diplomatic relations and trade agreements.
- The financial markets are experiencing a surge, with stocks reaching record highs due to easing inflation and strong corporate earnings, despite ongoing global geopolitical tensions.
- Significant shifts in U.S.-China relations are influencing market strategies; China maintains a hardline position on trade talks, complicating future negotiations and impacting global investment dynamics.
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CNBC
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Trump’s pressure on Europe to slap 100% tariffs on India and China raises eyebrows
cnbc.com
3 hours ago
Europe is unlikely to acquiesce to the White House's request to slap high tariffs on its Asian counterparts.
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Manhunt for Charlie Kirk shooter expands after two people detained had no links to killing, FBI says
cnbc.com
6 hours ago
Authorities are searching for the gunman who assassinated political activist Charlie Kirk at an event in Utah. Kirk was a close ally of Presid…
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5 takeaways from the producer price inflation report with another key reading on tap
cnbc.com
17 hours ago
The producer price index, a gauge of costs at the wholesale level in the U.S. economy, posted an unexpected 0.1% decline in August.
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Emergence of an ‘anti-Western alliance’ raises questions about a new axis of power
cnbc.com
11 hours ago
Analysts see the apparent strengthening of ties between China, Russia and North Korea as “worrisome” and part of a long-term strategy from Bei…
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Here's why Jim Cramer thinks red-hot IPO Klarna is still a buy at these levels
cnbc.com
10 hours ago
CNBC's Jim Cramer explained why he thinks newly-minted IPO Klarna is a buy even after shares climbed during its first trading session.
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Opendoor taps new CEO and names Keith Rabois chairman, boosting stock 30%
cnbc.com
11 hours ago
Opendoor continued its torrid run after the company announced that it's named a new CEO and added co-founded Keith Rabois to the board.
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Boeing reaches tentative labor deal with striking defense workers
cnbc.com
14 hours ago
The IAM Union said Wednesday that it reached a tentative five-year agreement with Boeing for better wages.
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Luxury brands bet on $160 lipsticks and $1,400 accessories to combat industry slump
cnbc.com
5 hours ago
The diversification to attract new customers comes as the luxury sector grapples with an industry-wide slowdown, U.S. tariffs, and wider cost …
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Who was Trump ally and conservative activist Charlie Kirk?
cnbc.com
34 minutes ago
Google trends showed a spike in searches of the phrase, "Who is Charlie Kirk" as news spread of the conservative activist's shooting on Wednes…
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Secret Service missed gun during search at Trump's golf club while president was there in August
cnbc.com
13 hours ago
The incident occurred about a year after two assassination attempts on Trump, including one while he was playing at his golf club in West Palm…
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Treasury released early list for ‘no tax on tips’ deduction — but some jobs won’t qualify, experts say
cnbc.com
15 hours ago
The Treasury released an early list of 68 occupations that could be eligible for the "no tax on tips" deduction. But some jobs won't qualify, …
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Chipotle to expand to Asia through joint venture
cnbc.com
13 hours ago
Chipotle is planning to open its first locations in South Korea and Singapore next year.
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Trump appeals order blocking him from firing Fed Governor Lisa Cook
cnbc.com
8 hours ago
The Supreme Court is expected to make the final decision on the question of whether President Trump has legal cause to remove Cook from the Fe…
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Former Milwaukee Bucks owner Marc Lasry says he doesn't believe L.A. Clippers owner Steve Ballmer circumvented salary cap
cnbc.com
15 hours ago
Former Milwaukee Bucks owner Marc Lasry told CNBC he doesn't believe L.A. Clippers owner Steve Ballmer would knowingly break NBA rules around …
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Amazon's Zoox jumps into U.S. robotaxi race with Las Vegas launch
cnbc.com
17 hours ago
Amazon's Zoox robotaxi unit is offering free rides in Las Vegas from a few locations, with plans to expand in the city.
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Detained workers from Hyundai, LG Energy Solution plant could soon fly home to South Korea
cnbc.com
17 hours ago
"Our nationals who had been detained by U.S. immigration authorities will soon be returning home," said South Korean President Lee Jae Myung.
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A major headwind for Texas Roadhouse may be easing. Here's what the charts have to say
cnbc.com
13 hours ago
Live cattle futures have started to decline, fueling hopes for a relief in beef prices.
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Oracle stock gains 36% to post best day since 1992, adding $244 billion in value
cnbc.com
13 hours ago
The cloud giant is on pace for its best day since 1992, and is now quickly approaching the $1 trillion market cap benchmark
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Klarna's stock jumps 15% in NYSE debut after pricing IPO above range
cnbc.com
3 hours ago
Klarna closed at $45.82 a share on Tuesday, valuing the company at over $17 billion.
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Stock benchmarks are scaling record highs: 'Animal spirits are soaring'
cnbc.com
5 hours ago
Easing inflation pressures, resilient corporate earnings and expectations for U.S. rate cuts have boosted investor sentiment.
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CNBC's The China Connection newsletter: A rival AI strategy
cnbc.com
9 hours ago
China is opening the firehose on artificial intelligence as the tech rivalry with the U.S. intensifies.
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Labor Department watchdog opens probe of BLS jobs, inflation data collection
cnbc.com
14 hours ago
President Donald Trump recently fired BLS Commissioner Erika McEntarfer in response to a weak monthly jobs report.
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Trump administration to warn families about student debt risks amid record-high defaults
cnbc.com
16 hours ago
The Education Department may soon start sharing information with students on "the benefits and risks" of borrowing for a college education.
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Oracle CEO, one of the world’s richest self-made women, just got $412 million richer in 6 hours
cnbc.com
14 hours ago
Safra Catz, Oracle's sole CEO since 2019, saw her estimated net worth climb to $3.4 billion as markets reacted to the software giant's quarter…
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Air India CEO says carrier embracing 'new normal' of safety focus after deadly crash
cnbc.com
14 hours ago
The crash occurred just as Air India was in the middle of modernizing its fleets with new seats and amenities as it seeks to compete with larg…
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Trump Fed nominee Stephen Miran advanced by Senate Banking committee, tees up final vote
cnbc.com
19 hours ago
Stephen Miran was nominated by President Donald Trump to fill the seat left open by former Fed governor Adriana Kugler's surprise resignation.
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Wells Fargo CEO says Trump is entitled to be vocal about the Fed
cnbc.com
18 hours ago
Wells Fargo CEO Charlie Scharf said he "absolutely" supports the Federal Reserve's independence, but that the president is free to discuss int…
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How Casey’s became one of America’s largest pizza chains
cnbc.com
19 hours ago
How Casey's General Stores is building an empire through small down dominance.
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Brazil's Embraer lands first U.S. order for E2 jets with Avelo Airlines buying 50 planes
cnbc.com
18 hours ago
U.S. upstart airline Avelo said it placed a firm order for 50 Embraer E195‑E2 jets, a win for the Brazilian manufacturer.
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Wholesale prices unexpectedly declined 0.1% in August, as Fed rate decision looms
cnbc.com
19 hours ago
The producer price index was expected to increase 0.3% in August, according to the Dow Jones consensus estimate.