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Finance
Temu returns to Super Bowl ad slate as lawmaker ire swells
Jakub Porzycki | Nurphoto | Getty ImagesTemu, the controversial Chinese e-commerce giant looking to take on Amazon, is returning to the big game on Sunday with a Super Bowl ad that…
Inventory problems at Children’s Place could benefit our red-hot off-price retail stock
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. We're no…
Stocks making the biggest moves midday: Pinterest, Cloudflare, PepsiCo, Expedia and more
Check out the companies making headlines in midday trading. Pinterest — Shares fell about 11% after the image-sharing company issued softer-than-expected guidance for its…
Pakistan’s ex-PM Nawaz Sharif declares victory in fraught election as opponents claim vote-rigging
Campaign posters for Nawaz Sharif, Pakistan's former prime minister, along a street ahead of Pakistan's national election in Lahore, Pakistan, on Friday, Feb. 2, 2024. Bloomberg |…
Portfolio health care name turns its luck around thanks to management’s AI push
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 Friday's key moments. 1. U.S. stocks were mostly…
To shore up Social Security, this controversial proposal calls for limiting retirement plan tax perks
Wand_prapan | Istock | Getty ImagesThere's no debate that Social Security's funds — which are projected to become insolvent in the next decade — need fixing.But a new research…
Big banks have drastically cut overdraft fees, but customers still paid $2.2 billion last year
Pedestrians pass a JPMorgan Chase bank branch in New York.Michael Nagle | Bloomberg | Getty ImagesThe three biggest American retail banks collected 25% less overdraft revenue last…
OpenAI CEO Sam Altman seeks as much as $7 trillion for new AI chip project: WSJ
Sam Altman, CEO of OpenAI, at the Hope Global Forums annual meeting in Atlanta on Dec. 11, 2023.Dustin Chambers | Bloomberg | Getty ImagesOpenAI CEO Sam Altman is seeking trillions…
Stocks making the biggest moves premarket: PepsiCo, Cloudflare, Pinterest, Expedia and more
Check out the companies making headlines before the bell: PepsiCo — Shares slipped 1.4% after the beverage and snacks giant reported mixed fourth-quarter results. Revenue came in…
PepsiCo earnings top estimates, but quarterly revenue slides for the first time in nearly four years
Pepsi bottles are seen at the grocery store in Las Vegas, United States on November 17, 2023.Jakub Porzycki | Nurphoto | Getty ImagesPepsiCo on Friday reported mixed quarterly…