Court Filings In A.I. Suit Invoke Copyright Law, Culture and Sports
Filings made Friday in The New York Times's closely watched lawsuit against OpenAI and Microsoft included a range of copyright law and cultural references.
Market News
Review & Preview: Bracing for a Hike
Traders now see a three-in-five chance of a rate hike when the Federal Reserve meets in mid-September.
Self-Driving's Next Task: Potholes
Tesla's full self-driving AI has to conquer some prosaic challenges on the roads.
The 10-year Treasury rate likely going higher, says Bensignor Investment Strategies founder
Rick Bensignor, Bensignor Investment Strategies founder and managing partner, joins 'Closing Bell Overtime' to talk the technical trade around markets, bond yields, and commodities.
If midterms weren't on the horizon, the Fed would raise rates, says Wharton Professor Jeremy Siegel
Jeremy Siegel, Wharton School Professor of finance, joins 'Closing Bell' to talk what the August jobs report means for the FOMC's next rate hike decision.
Strong Jobs Report Revives Fed Rate-Hike Bets
The Close brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Kayne Anderson Rudnick Portfolio Manager, Senior Research Analyst Julie Biel, KPMG Chief Economist Diane Swonk, Jefferies Tech Sector Leader, Software/Internet Research Brent Thill, Zscaler CEO Jay Chaudhury, Wealth Enhancement Group Senior Investment Strategist Ayako Yoshioka, The Points Guy Senior Newsletter Editor Becky Blaine, & SUNY Purchase President Michael Steiper.
August jobs numbers overstate economy's strength, says Moody's Mark Zandi
Mark Zandi, Chief Economist at Moody's Analytics, joins 'Fast Money' to weigh in on the August jobs report.
U.S. diesel prices hit record high
CNBC's Pippa Stevens joins 'Closing Bell Overtime' to talk rising oil prices.
Rates Climb, Stocks Dip After Strong U.S. Jobs Data
Stocks and bonds fell Friday on concerns that benchmark interest rates are headed higher.
'Hot' August CPI To Trigger More Aggressive Fed Tightening
The August CPI report is expected to show a rise in headline CPI to 3.6% due to energy costs, but this is not expected to affect the core CPI. The super-core PCE inflation at 3.9% signals persistent wage-driven and structural inflation pressures, which is supported by the strong August labor market report.
Dow closes 270 pts lower as strong jobs report lifts September Fed rate-hike bets
US stocks ended lower on Friday after stronger-than-expected August employment data increased expectations that the Federal Reserve could raise interest rates at its September meeting. The Dow Jones Industrial Average fell 0.5% or 279.20 points, while the S&P 500 declined 0.38% and the Nasdaq Composite lost 0.3%.
U.S. Stocks Fall as Robust August Jobs Data Spurs Yields, Rate-Hike Bets
U.S. stocks fell after surprisingly strong jobs data muddied the outlook for Federal Reserve policy.
High Gas Prices Are Hurting Impulse Snack Sales. 3 Companies Feeling the Pain.
Smucker's Sweet Baked Snacks sales fell 7% from a year earlier in the latest quarter.
Trump Says Rate Hike Won't Reassure Bond Market
President Donald Trump intensifies pressure on the Federal Reserve to lower interest rates, threatening to cut off trade with certain economies with which the US has a deficit. He speaks with reporters at the White House.
Stocks Fall After Hot Jobs Report
Plus, Volkswagen rises on big job cuts, and a Chinese engineer returns home.
Stocks Log Sluggish Start to September Amid Geopolitical Buzz
The subdued weekly returns from from Wall Street this week hardly tell the full story to start September , a historically bearish month.
The Stock Market Survived a Strong Jobs Report. Can It Survive Inflation?
If inflation comes in hotter than the expected 3.4% annual rate next week, an interest-rate hike could become a sure thing.
Record Fuel Prices Pose Fresh Challenge for Trump Ahead of Midterms
Diesel hit an average $5.85 a gallon on Friday, an all-time high that surpasses the previous record from 2022.
Key Takeaways From the US August Jobs Report
US nonfarm payrolls increased 162,000 last month and the unemployment rate remained at 4.1%, with the August increase topping all estimates in a Bloomberg survey. Anna Wong, chief US economist with Bloomberg Economics, says the economy may not be as strong as it seems.
Why the jobs report will actually be good for bonds
Based on the chatter on Wall Street, you'd think labor has never had it so good. Sadly for working Americans, this isn't actually the case.
