Leon Cooperman on CNBC’s “Halftime Report.” Scott Mlyn | CNBC A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Family offices are known to invest for the long haul, sometimes for generations….
Kansas City Federal Reserve President Jeffrey Schmid expressed doubt about lowering interest rates in September, saying policymakers still have more work to do on inflation. Speaking to CNBC from the Fed’s annual symposium in Jackson Hole, Wyo., Schmid pushed back on market pricing that points strongly to the Federal Open Market Committee lowering its key…
NEW YORK — Federal prosecutors are urging a federal judge to quickly reject Sean “Diddy” Combs ’ request that he throw out a jury verdict or order a new trial after a jury convicted the music maven of two prostitution-related charges. Prosecutors said in papers filed shortly before midnight Wednesday that Combs masterminded elaborate sexual…
The NASCAR Cup Series heads to Daytona for the Coke Zero Sugar 400, the last regular-season competition of the year. When it comes to the odds, bettors can dive into that action and place wagers on which driver they think has what it takes to win outright. Last weekend at Richmond, Austin Dillon got into…
Hewlett Packard Enterprise should be due for more moves to the upside on the heels of its upcoming quarterly results, Morgan Stanley said Thursday. The firm upgraded the tech services company to overweight from equal weight and increased its price target by $6 to $28, implying 33% upside from Wednesday’s close. This comes as shares…
Chipotle is teaming up with drone delivery leader Zipline to test autonomous food delivery. Beginning Thursday, select customers in the greater Dallas area will have the option to use the so-called Zipotle delivery through an early access program in the Zipline app. Zipline’s autonomous aircraft will deliver orders to customers’ homes from a Rowlett, Texas Chipotle…
U.S. President Donald Trump shakes hands with President of the European Commission Ursula von der Leyen as he announces a trade deal with the EU at Trump Turnberry golf club on July 27, 2025 in Turnberry, Scotland. U.S. Andrew Harnik | Getty Images News | Getty Images The U.S. and European Union on Thursday revealed…
Erik Isakson | Digitalvision | Getty Images The U.K. government is facing a legal challenge from campaigners over its decision to override a local authority and wave through development of a new “hyperscale” data center. Last year, the local authority of Buckinghamshire, England, denied planning permission for proposals to build a new 90-megawatt data center…
Ralph Vacchiano NFL Reporter The best thing to ever happen to Sam Darnold was getting out of New York. He was able to catch his breath and refocus away from the spotlight and the expectations. Leaving behind a dysfunctional franchise helped, too. In a better place, he reminded everyone that he still has talent. He…
UBS is growing more bullish on Nvidia ahead of the company’s second-quarter earnings results due out next week. On Thursday, the firm reiterated its buy rating on the artificial intelligence chip darling and raised its price target to $205 from $175. That implies nearly 17% upside from Wednesday’s close. “We see overall demand signals as…
