CNBC Markets Now: November 26, 2024

CNBC Markets Now: November 26, 2024

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC Markets Now CNBC Markets Now provides a look at the day’s market moves with commentary and analysis from Michael Santoli, CNBC Senior Markets Commentator. 01:03 13 minutes ago Source link

What Trump’s proposed tariff hikes mean for California

What Trump’s proposed tariff hikes mean for California

WASHINGTON —  When President-elect Donald Trump announced he would impose sweeping tariffs on key trading partners on his first day in office, he signaled a return to a favorite strategy: a reverse carrot-and-stick that applies the stick of dire consequences in order to force countries to give him what he wants. In this case, that means … Read more

Federal prosecutors seek records from company that deployed AI weapons scanner on NYC subway

Federal prosecutors seek records from company that deployed AI weapons scanner on NYC subway

NEW YORK — Federal investigators in New York are seeking records from the manufacturer of an AI-powered weapons scanner that was briefly deployed this summer in New York City’s subway system. The tech company, Evolv, revealed in a public filing that it “received a voluntary document request from the U.S. Attorney’s Office of the Southern … Read more

Questions over Hezbollah’s future after ceasefire

Questions over Hezbollah’s future after ceasefire

The streets were dark and cars packed. People, who moved on foot, carried bags with their belongings, unsure about where they were going but certain that they could not stay. This was the scene in Nuweiri, in central Beirut, moments after the Israeli military issued evacuation warnings, the first for these areas. We were trying … Read more

Nordstrom (JWN) earnings Q4 2024

Nordstrom (JWN) earnings Q4 2024

Nordstrom on Tuesday beat Wall Street’s quarterly sales expectations, as revenue grew about 4% year over year from shoppers buying clothing, shoes and activewear at both the company’s namesake department store and its off-price chain. Yet despite its better-than-expected quarter, the Seattle-based retailer gave only a slightly rosier full-year sales forecast — taking a conservative … Read more

Fed officials see interest rate cuts ahead, but only ‘gradually,’ meeting minutes show

Fed officials see interest rate cuts ahead, but only ‘gradually,’ meeting minutes show

Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate cuts albeit at a gradual pace, according to minutes from the November meeting released Tuesday. The meeting summary contained multiple statements indicating that officials are comfortable with the pace of inflation, even though by most … Read more