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Finance
Alibaba was once a Wall Street darling. After plunging 75% over three years, what’s next?
Signage for Alibaba Group Holding Ltd. covers the front facade of the New York Stock Exchange November 11, 2015.Brendan McDermid | ReutersBEIJING — It's been a tumultuous 12 months…
10-year Treasury yield tops 4% mark at one point Wednesday
The 10-year Treasury yield inched lower Wednesday after briefly topping the 4% mark as investors bet that perhaps the Federal Reserve wouldn't cut rates as aggressively as hoped…
Market forecaster Jim Bianco sees the 10-year Treasury yield surging to 5.5% – a multi-decade high
It's a level not seen since George W. Bush was president.Wall Street forecaster Jim Bianco is predicting the benchmark 10-year Treasury note yield will hit 5.5% this year — its…
Stock market today: Live updates
Traders work on the floor at the New York Stock Exchange on Dec. 7, 2023.Brendan Mcdermid | ReutersU.S. stock futures were little changed Wednesday night after the Nasdaq Composite…
Trump loses last-ditch appeals court bid to delay E. Jean Carroll rape defamation civil trial
Former U.S. President Donald Trump looks on during a campaign event in Waterloo, Iowa, on Dec. 19, 2023.Scott Olson | Getty ImagesA New York federal appeals court on Wednesday…
Job data shows two kinds of workers: the ‘haves and have nots,’ economist says
Maskot | Maskot | Getty ImagesU.S. Department of Labor data issued Wednesday suggests a two-tiered job market has emerged, in which workers enjoy strong job security while the…
Nothing seems to be working in 2024. Jim Cramer looks what to do in a market like this
Every weekday the CNBC Investing Club with Jim Cramer releases the Homestretch audio feature in time for the last hour of trading on Wall Street. Here's today's edition. The…
Fed officials in December saw rate cuts likely, but path highly uncertain, minutes show
Federal Reserve officials in December concluded that interest rate cuts are likely in 2024, though they appeared to provide little in the way of when that might occur, according to…
Stocks making the biggest moves midday: Xerox, SoFi, Charles Schwab and more
Check out the companies making headlines in midday trading. Xerox — Xerox shares sank more than 9% after the digital printing company announced plans to cut 15% of its workforce in…
GM’s 2023 U.S. vehicle sales were its best since 2019
The 2024 Buick Envista.GMDETROIT — General Motors' U.S. vehicle sales increased 14.1% last year to represent the automaker's best year since 2019, prior to the effects of the…