Macy’s on Wednesday gave a cautious outlook for the year ahead, despite beating Wall Street’s quarterly sales and profit expectations as its namesake brand showed signs of progress. For the fiscal year, the company – which includes its namesake chain, higher-end department store Bloomingdale’s and beauty retailer Bluemercury – said it expects sales of between…
Advocates attend a news conference about the “impact of incarcerating those charged with marijuana-related offenses,” and policy reform ideas, outside the U.S. Capitol on Monday, April 20, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images A White House executive order on psychedelics, signed by President Donald Trump on Saturday, aims to speed up…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email On today’s episode of CNBC Crypto World, bitcoin climbed after the House approved a procedural vote to consider three key crypto regulation bills after GOP lawmakers halted their passage the day before. Plus, Zack Shapiro, head of policy at the Bitcoin Policy…
Scott Olson | Getty Images Snap stock climbed 10% on Thursday after announcing a $400 million deal with Perplexity AI and releasing its third-quarter financial results. The company said that it will be integrating Perplexity’s artificial intelligence-powered search engine directly into the Snapchat app. As part of the agreement, Perplexity is set to pay the…
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USA Rare Earth has announced plans to buy Brazilian rare earths miner Serra Verde in a deal worth $2.8 billion in cash and shares, as it seeks to challenge China’s dominance of the supply chain. The Oklahoma-headquartered company said it will pay $300 million in cash and $126.9 million in its own newly issued stock…
Jim Cramer says he’s still backing Apple ‘s Tim Cook despite calls for the CEO to resign. “I really believe in Tim,” Jim said at Friday’s annual meeting of the CNBC Investing Club from the New York Stock Exchange. “He’s made us a lot of money. He gets the benefit of the doubt.” Responding to…
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Former NFL quarterback Teddy Bridgewater said he has been suspended from coaching his former high school team in Miami because he provided players with financial benefits that he says he’d reported to the school. The 32-year-old Bridgewater publicized action taken against him by Miami Northwestern High School in a social media post in which he…
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