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Finance
Investors see 2023 gain as a bear market bounce and expect a recession next year, CNBC survey shows
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, September 26, 2023.Brendan McDermid | ReutersA majority of Wall Street investors haven't taken…
Trump loses bid to recuse judge from federal election case
Courtroom sketch depicting Judge Tanya Chutkan in an exchange with Donald Trump's lawyers. Former President Donald Trump on Wednesday lost a bid to have a federal judge remove…
Costco beat on earnings and won Wall Street upgrades. What the pros say to do next
Market Movers rounded up the latest reactions on Costco from investors and analysts. The pros, including Jim Cramer , discussed the leading wholesale club after it topped earnings…
CEO of private credit giant Ares says his firm is benefitting from rising rates
With the S&P 500 on pace for its worst monthly performance since December of last year, investors are increasingly turning to alternative assets outside of equities and bonds…
What a stressed commercial real estate market means for these exposed bank stocks
Banks are facing mounting uncertainty as the commercial real estate (CRE) sector continues to struggle. But, tailwinds in our financial names should help safeguard their bottom…
Meta announces new Quest 3 VR headset as Apple competition looms
Meta announced Quest 3, a sequel to the bestselling VR headset of all time, on Wednesday.The device, starting at $499, is more expensive than its predecessor by $200, but it…
Stocks making the biggest moves midday: Costco, Paramount, MillerKnoll, ChargePoint and more
Pavlo Gonchar | Lightrocket | Getty ImagesCheck out the companies making headlines in midday trading.Media stocks — A handful of media and studio stocks rose Wednesday after the…
What Cramer thinks a potential government shutdown, auto strike mean for equities
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. Equities give up gains Costco…
Flexport fires CFO, HR chief departs weeks after sudden ouster of Dave Clark as CEO
Three weeks after Flexport founder Ryan Petersen fired Dave Clark as CEO and returned to run his supply chain software startup, the company has ousted its chief financial officer,…
Fed’s Neel Kashkari isn’t sure if interest rates are high enough to stop inflation
Minneapolis Federal Reserve President Neel Kashkari said Wednesday he's unsure whether the central bank has raised interest rates enough to tame inflation.Speaking one day after he…