Fed’s Goolsbee says he’s worried about inflation in ‘fraught but intense’ climate

Fed’s Goolsbee says he’s worried about inflation in ‘fraught but intense’ climate

Chicago Federal Reserve President Austan Goolsbee said Monday that he’s more worried about inflation now than he is unemployment, even with apparent progress made on the war with Iran. In a CNBC interview, the central banker said policymaking is difficult in the current environment. He spoke shortly after President Donald Trump announced that progress had…

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Synopsys shares rally as activist Elliott builds multi-billion stake

Synopsys shares rally as activist Elliott builds multi-billion stake

Shares of Synopsys climbed about 4% Monday as activist investor Elliott Investment Management built a multibillion-dollar stake in the company, CNBC’s David Faber confirmed. “As AI drives a step change in chip complexity and capital investment, Synopsys is uniquely positioned to benefit from this growth,” Jesse Cohn, Managing Partner at Elliott, told CNBC. “We believe…

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Seahawks’ Jaxon Smith-Njigba Becomes NFL’s Highest-Paid WR, Reportedly Inking 8M Deal

Seahawks’ Jaxon Smith-Njigba Becomes NFL’s Highest-Paid WR, Reportedly Inking $168M Deal

Jaxon Smith-Njigba won Offensive Player of the Year and a Super Bowl title in 2025. Now, weeks into the 2026 offseason, the Seattle Seahawks’ star is adding a new accolade to his name: highest-paid wide receiver in NFL history.  Smith-Njigba has agreed to a four-year, $168.6 million extension with the Seahawks that includes $120 million…

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Delta has outperformed since the Iran war began. Using options to hedge against losses

Delta has outperformed since the Iran war began. Using options to hedge against losses

While the broader airline sector is weathering a storm of escalating costs and geopolitical fragmentation, Delta Air Lines (DAL) has managed to maintain an altitude that defies the market’s current gravitational pull. However, this divergence creates a precarious setup. Even net of Friday’s declines, DAL is still trading above $63 per share. Notably, that’s about…

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Watch Energy Secretary Wright discuss Iran war after Trump postpones power plant strikes

Watch Energy Secretary Wright discuss Iran war after Trump postpones power plant strikes

[This stream is scheduled to begin at 9:40 a.m. ET] HOUSTON — U.S. Energy Secretary Chris Wright will speak Monday at an energy conference, as financial markets hope President Donald Trump is signalling the Iran war could soon end. Top oil executives, senior U.S. government officials and influential policymakers from around the world are gathering…

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