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CNBC’s Steve Liesman sits down with Treasury Secretary Janet Yellen to discuss what risks she is watching in banks’ balance sheets, whether she believes inflation is under control, and much more. Source link
Attorneys for former President Donald Trump want a New York State appeals court to throw out the $454 million verdict that was handed down after a judge found him liable for business fraud. Trump’s lawyers will appear in a Manhattan court on Thursday for an appellate hearing seeking to overturn the civil fraud judgment of … Read more
The Justice Department is investigating Super Micro Computer, the Wall Street Journal reported Thursday, citing people familiar with the matter, sending the AI server maker’s shares down about 5%. Super Micro Computer had earlier this month denied claims made in a report by short-seller Hindenburg Research, saying it contained “false or inaccurate statements” about the server maker. Super Micro Computer denied claims that it contained “false … Read more
Daniel Ricciardo, one of the most popular and likeable drivers on the Formula 1 grid, was released by Red Bull Racing on Thursday. The 35-year-old Ricciardo knew at the Singapore Grand Prix it was likely his final F1 race — essentially confirmed when his RB team called him into the pits ahead of the final … Read more
David Tepper, founder and president of Appaloosa Management. David Orrell | CNBC Appaloosa Management’s David Tepper said investors should believe the Federal Reserve when it says it will lower interest rates because the central bank has now to keep credibility. “You just read what these guys are saying,” Tepper said Thursday on CNBC’s “Squawk Box.” … Read more
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Ben Harburg, MSA Capital managing partner and Core Values Alpha founder, joins CNBC’s ‘Money Movers’ to discuss the impact of China’s stimulus plans, how geopolitical conflict could move the markets, and more. Source link
A National Institutes of Health investigation has found research misconduct by one of its top neuroscientists, the agency said Thursday. In a statement, the NIH said the findings involve images in two studies co-authored by Dr. Eliezer Masliah, who in 2016 joined the agency’s National Institute on Aging as its neuroscience division director. NIH said … Read more
PHILADELPHIA – Philadelphia’s mayor has revealed the terms of the deal negotiated with the city’s pro basketball team for a new $1.3 billion arena downtown. The agreement reached earlier this month calls for the Philadelphia 76ers to finance the entire project, with no city funding involved. There is, however, a provision that would let the … Read more
Billionaire hedge fund founder David Tepper said his big bet after the Federal Reserve’s rate cut was to buy Chinese stocks. “I thought that what the Fed did last week would lead to China easing, and I didn’t know that they were going to bring out the big guns like they did,” Tepper told CNBC’s … Read more
Accenture chair and CEO Julie Sweet joins CNBC’s ‘Squawk on the Street’ to discuss the company’s fourth quarter earnings beat, the value of AI for its future, and more. Source link