Crowds walk through midtown Manhattan on Oct. 16, 2025 in New York City. Spencer Platt | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family…
If the Iran war drags on longer than expected, investors may want to consider defensive stocks that pay dividends, according to Jefferies. The market has seesawed and oil prices have jumped since the conflict started on Feb. 28. Stocks moved slightly higher on Monday as investors hoped for a potential ceasefire. All three indexes snapped…
The clock is ticking on the U.S.-Israeli war in Iran. The emerging view from oil industry executives and analysts is that the economic and market fallout from the war could escalate sharply if the Strait of Hormuz isn’t reopened within roughly the next one to three weeks. Even then, enough damage may have been done already…
The Federal Reserve on Wednesday approved its second straight interest rate cut, though Chair Jerome Powell rattled markets when he threw doubt on whether another reduction is coming in December. By a 10-2 vote, the central bank’s Federal Open Market Committee lowered its benchmark overnight borrowing rate to a range of 3.75%-4%. In addition to…
People protesting personnel cuts at the Centers for Disease Control (CDC) hold signs outside the organization’s main headquarters on March 12, 2025 in Atlanta, Georgia. Elijah Nouvelage | Getty Images News | Getty Images The Trump administration has laid off dozens of employees at the Centers for Disease Control and Prevention in its latest round…
Kansas State fired basketball coach Jerome Tang on Sunday night, four days after many Wildcats fans showed up with bags over their heads for a home blowout. Athletic director Gene Taylor announced the move in a statement. “This was a decision that was made in the best interest of our university and men’s basketball program,”…
Bank of America is bullish on Apple ahead of its Thursday earnings report. Analyst Wamsi Mohan reiterated his buy rating on the iPhone maker and lifted his price objective to $320 per share from $270. Mohan’s updated target implies a 19% upside for the stock. Mohan said that despite the company’s large size, it is…
Baker Mayfield’s heroics on Sunday saved the Buccaneers from disaster in a 29-27 home win over the Jets, a victory the quarterback said meant far more than adding a plus-one to the win column. Mayfield helmed a seven-play, 48-yard drive in the final 1:41 to set up a game-winning field goal after watching the Jets…
Anthropic said Thursday it’s expanding its presence in London with new office space for 800 people, days after rival OpenAI unveiled plans for its first permanent office in the U.K. capital. The maker of the Claude AI chatbot currently has more than 200 people based in London, the company said in a statement. “London is…
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