Maya Okafor

Economy // 2 months ago

Trade deficit and jobless claims set up Thursday’s data test

Investors were watching two 8:30 a.m. ET releases: November trade balance data and weekly unemployment claims.

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Economy // 2 months ago

US weekly jobless claims rise to 208,000

Initial unemployment claims increased by 8,000 in the week ended Jan. 3, while the four-week average fell to its lowest level sinc...

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Stocks // 2 months ago

World Cup lifted some bars, but Fed says consumers are pulling back

The Fed’s Beige Book showed World Cup tourism helped host cities, while higher costs and weaker local spending limited the wider p...

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Stocks // 2 months ago

Kalshi traders put high odds on $4 gas before August

Prediction-market traders are pricing in a sharp chance that the U.S. gas average tops $4 as oil rises and U.S.-Iran tensions inte...

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Stocks // 2 months ago

Johnson & Johnson slips after earnings beat as guidance rises

J&J topped second-quarter estimates and lifted its 2026 outlook, but shares fell as investors focused on softness in its MedTech c...

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Stocks // 2 months ago

Buffett calls Kevin Warsh a good choice to lead the Fed

Warren Buffett told CNBC that Kevin Warsh was a “good choice” to lead the Fed as Warsh prepares for another round of Senate testim...

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Stocks // 2 months ago

PSLF borrowers face new repayment limits after July 1 rule changes

New federal student loan rules affect which borrowers can earn credit toward Public Service Loan Forgiveness.

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Stocks // 2 months ago

IBM’s 25% slide puts elevated options premiums in focus

IBM’s revenue warning drove its sharpest one-day drop in decades, while CNBC’s Options Action highlighted a short-strangle trade t...

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Stocks // 2 months ago

Retirement savers see a $1.2 million goal, but many expect far less

A Schroders survey found a wide gap between Americans’ retirement target and what many workplace plan participants expect to save.

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Stocks // 2 months ago

Frequency pairs AI services plan with 1-for-500 reverse split

The OTC-listed company is trying to turn AI deployments into recurring products while its share count has been reset by a reverse...

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Stocks // 2 months ago

Trump says U.S. could hit Iran power plants as oil edges higher

Trump told Fox News that U.S. strikes on Iran could expand to power plants and bridges next week if diplomacy fails.

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Stocks // 2 months ago

SK Hynix jumps as Asia chip stocks rebound with Wall Street

Asian semiconductor shares rose Wednesday after a U.S. chip rebound, with SK Hynix up more than 11% in Seoul, CNBC reported.

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