Apple has gotten too predictable. Can its next CEO bring back the element of surprise?
Wall Street is hoping that John Ternus will shift Apple’s AI strategy by spending more, pursuing larger mergers and doubling down on innovation.
Finance & markets
California AG tells CNBC that settling Paramount-WBD lawsuit would require 'robust structural remedies'
California AG Rob Bonta discussed the states' antitrust case to block the Paramount Skydance-Warner Bros. Discovery merger with CNBC's David Faber.
Wheat Posts Wednesday Strength
The wheat complex rallied across the three exchanges on the midweek session. Chicago SRW contracts was up 10 to 16 1/4 cents across most contracts. KC HRW futures were 12 ½ to 18 ½ cents higher on the session. MPLS spri…
Social Security union says it needs $3 billion and another 20,000 workers to fix long wait times and ‘ghost offices’
“The public is going to have a harder and harder time accessing these benefits,” union official said.
How Micron's $50 billion Boise buildout is reshaping its hometown
Micron's AI-fueled rise and expansion are creating jobs and wealth in Boise, Idaho, while adding pressure to housing, traffic and the city's identity.
U.S. bond yields are already surging again a day after Bessent’s debt-buyback plan
Despite the cash burn at hyperscalers, the AI boom is only in its early stages, and the benefits are spreading, says Jennison’s Boyer.
Bond yields edge higher as traders digest Treasury debt buyback plan
Bond yields edged higher on Thursday morning after pulling back sharply during the previous session following the Treasury Department's move to dramatically ramp up government debt repurchases in a bid to shore up longe…
‘There is considerable tension’: My grandmother, 99, wants to cut my mother out of her will. Should I intervene?
“Grandma feels that she was pressured by my mother into taking out a $50,000 HELOC.”
Bitcoin, ether surge as Trump urges Congress to pass crypto Clarity Act
Bitcoin, ether and other cryptocurrencies surged after U.S. President Donald Trump urged Congress to pass a bill expected to boost the sector.
New Strong Sell Stocks for August 20th
Albertsons Companies, Inc. ACI is a retail holding company. The Zacks Consensus Estimate for its current year earnings has been revised 5.1% downward over the last 60 days.
Humanoid robots' 'ChatGPT moment' could be 10 years away, Unitree founder says
Humanoid robots may be a decade away from their "ChatGPT moment," Unitree Robotics founder Wang Xingxing has said, following his company's soaring market debut.
Our 4-year-old son has $100,000 in his 529 account. Should we buy him stocks instead?
Our 4-year-old son has $100,000 in his 529 account. Should we buy him stocks instead? “He also has a brokerage account, but there’s only $500 in it.” Read at source
Bank of America sends message on Capital One stock
Capital One Financial has spent more than a year integrating Discover while investors watch whether the massive acquisition can translate into faster growth and stronger returns.
Retirees: This investment gives you a guaranteed 5% safe withdrawal rate
Retirees: This investment gives you a guaranteed 5% safe withdrawal rate TIPS yields are at or close to 20-year highs. Read at source
Stocks Finish Mixed as Bond Yields Fall and Chipmakers Slide
The S&P 500 Index ($SPX) (SPY) closed up by +0.21% on Wednesday, the Dow Jones Industrial Average ($DOWI) (DIA) closed up by +0.22%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down by -0.22%. E-mini S&P futures (ESU2…
Hyundai's new flagship vehicle is a large luxury Genesis EV
SAN FRANCISCO — Hyundai Motor's newest luxury flagship vehicle is an all-electric large SUV called the Genesis GV90.
Corn Rally to Wednesday’s Final Bell
Corn futures rallied into the Wednesday close, as contracts were up 8 to 10 cents in most front months, with deferreds fractionally to 5 ¼ cents. The CmdtyView national average Cash Corn price was up a dime at $4.45 1/2.
Trump bemoans Fed interest rate policy, says U.S. should be paying much less
President Donald Trump on Wednesday expressed frustration that the Federal Reserve isn't cutting interest rates, insisting that solid economic data shouldn't stop the central bank from adopting an easier policy stance.
Cattle Falling Despite a Resurgence in Beef
Live cattle futures fell back $1.47 to $2.05 across most contracts on Wednesday, ignoring the stronger beef. Cash trade has picked up a few at $355-360. The Wednesday morning Fed Cattle Exchange online auction showed no…
Inside India newsletter: Chip squeeze hits Chinese smartphones in India as Apple, Samsung gain an edge
Welcome to the latest edition of "Inside India" — your one-stop destination for stories and developments from the world's fastest-growing large economy.
Japan exports beat estimates in July as robust chip shipments power fifth straight month of gains
Semiconductor shipments continued to power Japan's exports in July, helping clock the fastest growth since October 2022, beating expectations.
Cattle Falling Despite a Resurgence in Beef
Live cattle futures are falling $1 to $1.25 so far on Wednesday. Cash trade has been quiet so far this week, with a few $359 dressed sales creeping in following last week’s $225-228 live and $362-368 dressed action. The…
Hogs Rebound Higher on Wednesday
Lean hog futures closed the Wednesday session with contracts 12 to 77 cents higher. USDA’s national base hog price was reported at $92.10 in the Wednesday PM report, down $2.27 from the day prior. The CME Lean Hog Index…
U.S. government debt passes $40 trillion, more than doubling in a decade
Government debt has eclipsed $40 trillion, passing yet another staggering benchmark for red ink, according to the Treasury Department.