NASA unit JPL to lay off about 550 workers, citing restructure
The Jet Propulsion Laboratory is a research and development lab funded by NASA — the federal space agency — and managed by the Caltech. <
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New vehicle prices top $50,000 amid rising auto loan delinquencies
A salesperson (left) shows vehicles to a shopper at a Toyota dealership. Getty Images DETROIT — Look no further than the automotive industry for the latest indication that U.S. consumers could be facing a “K-shaped” economy, where the wealthy keep seeing gains while those who have lower incomes struggle. The average price paid for a…
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Matt Hasselbeck on Tua calling out teammates, why Chiefs are dangerous, Sam Darnold, Aaron Rodgers' success | FULL INTERVIEW | The Herd
Matt Hasselbeck joins Colin Cowherd to react to Tua Tagovailoa calling out his teammates after a 1-5 start and break down why the Kansas City Chiefs remain a dangerous team despite their slow start. Hasselbeck also breaks down how Sam Darnold and Jaxon Smith-Njigba have chemistry six weeks into the season and Drake Maye is…
The charts on this popular bond ETF are improving as volatility increases, says Katie Stockton
When volatility increases in the equity market, traditional safe haven assets like commodities (e.g., gold) and bonds can often act as a buffer for portfolios. Bond prices have stabilized since making a bear cycle low in late 2023 and offer attractive yield. For one, the popular iShares 20+ Year Treasury Bond ETF (TLT) has an…
Oaktree’s Howard Marks says AI frenzy isn’t a bubble — at least not yet
Veteran investor Howard Marks isn’t calling the artificial intelligence boom a bubble — at least not for now. “My response to date has been that the valuations are … high but not crazy” the Oaktree Capital Management co-founder said Monday in an interview with CNBC’s Sara Eisen. “Expensive and going down tomorrow are not synonymous.”…
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Quantum stocks surge after JPMorgan investing push into strategic tech
JPMorgan announced it would invest $10 billion in 27 specific industries, including quantum computing. <
Padres Manager Mike Shildt Announces Retirement After 2 Seasons in Charge
Mike Shildt is retiring after two seasons as the San Diego Padres’ manager. <
Meta shares have been stuck. Here’s why one analyst just got more optimistic
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. 1. Stocks are rebounding Monday, recovering roughly half of Friday’s losses triggered by President Trump’s surprise threat of a massive tariff increase on China. Over the weekend, Trump softened his…