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Economy
OpenAI gets $4 billion revolving credit line, giving it more than $10 billion in liquidity
OpenAI has a $4 billion revolving line of credit, bringing its total liquidity to more than $10 billion, CNBC has learned. It follows news Wednesday that OpenAI closed its recent…
40% of Americans plan to retire with $1 million or more—it might not be enough
A million dollars isn't the symbol of wealth that it used to be, but saving that much for retirement is still rare.Just 16% of retirees say they have more than $1 million saved,…
Auto giants are getting nervous about the prospect of mega fines as EV demand falters
Workers producing pure electric vehicles at a Volkswagen (Anhui) workshop in Hefei, China, on Sept. 25, 2024.Cfoto | Future Publishing | Getty ImagesEurope's top car giants appear…
Hong Kong snaps six-day winning streak as China stimulus rally fizzles
Pedestrians cross a road in front of the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Thursday, Oct. 29, 2020.Kiyoshi Ota |…
No need to sell this AI data center play ahead of earnings — and updates on 3 more industrial stocks
Deutsche Bank is striking a cautious tone on Dover 's stock ahead of the industrial conglomerate's upcoming earnings report. Jim Cramer is saying don't fall for it. The firm's…
Red-hot refinance demand retreats after tiny bump higher in mortgage rates
Skynesher | E+ | Getty ImagesMortgage rates moved ever so slightly higher last week, but it was enough to take a little heat out of what had been a briefly red-hot refinance…
Nvidia makes a move to take AI mainstream — plus, a positive call on Home Depot
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Wednesday's key moments. 1. Stocks turned slightly…
Mark Cuban drunkenly called American Airlines after selling his first company—and bought a lifetime flight pass for…
Some people send risky text messages or go sing karaoke after having a few drinks with friends. Entrepreneur and investor Mark Cuban took it a few steps further, spending six…
Tesla stock slips after EV maker misses estimates on deliveries
Tesla posted its third-quarter vehicle production and deliveries report on Wednesday. The stock fell as much as 3.7% after the report.Here are the key numbers:Total deliveries Q3…
The East and Gulf Coast ports strike could be a no-win situation for the Biden administration
Mario Tama | Getty Images News | Getty ImagesPresident Joe Biden and his administration are sticking to their position of not evoking the Taft-Hartley Act to force International…