U.S. Treasury Secretary Scott Bessent sits to testify before a House Ways and Means Committee hearing on Capitol Hill in Washington, D.C., U.S., June 11, 2025. Elizabeth Frantz | Reuters With the job market currently being rough for many — in no small part because of artificial intelligence — it may be tempting to enroll in graduate school in the hopes of securing a better job eventually.Don’t do it. That is, if you have dreams of working at America’s central bank.U.S. Secretary of Treasury Scott Bessent on Monday questioned the Federal Reserve’s decision not to lower interest rates this year…
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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOn today’s episode of CNBC Crypto World, crypto prices are mixed to kick off the week after President Trump signed the GENIUS Act stablecoin regulation bill into law late Friday afternoon. And, the latest crypto treasury company, the Ether Machine, will begin trading on the Nasdaq through a merger with blank check company Dynamix Corporation. Plus, Blockchain Association CEO Summer Mersinger breaks down what will change for the crypto industry now that stablecoins are regulated in the United States.10:51Mon, Jul 21 20253:41 PM EDT Source link
South Korea’s new finance minister and the country’s top trade envoy will meet with U.S. counterparts on Friday for talks on U.S. tariffs.RunPhoto | Photodisc | Getty ImagesSouth Korea’s new finance minister and the country’s top trade envoy will meet with U.S. counterparts on Friday for talks on U.S. tariffs, Finance Minister Koo Yun-cheol said on Tuesday.The country’s foreign and industry ministers will also visit the U.S. for trade discussions as early as this week, Koo told reporters after a meeting of economic ministers.Koo took office on Monday.The four officials complete a new team under President Lee Jae Myung who was sworn in on June 4 after winning a snap election called after his predecessor’s ouster…
The ‘Fast Money’ trader talk Google surging into earnings. Source link
Thomas Fuller | SOPA Images | Lightrocket | Getty ImagesSarepta Therapeutics said on Monday that it will pause all shipments of its Elevidys gene therapy in the United States after a muscular dystrophy patient who received a different, experimental treatment died.U.S. regulators on Friday asked Sarepta Therapeutics to voluntarily halt shipments of its gene therapy. However, the company had first refused to do so.All shipments of Elevidys for Duchenne muscular dystrophy would be temporarily paused by close of business on Tuesday, Sarepta said in a statement. Source link
The sign on the side of a Costco is seen in Hawthorne, California, on April 4, 2025.Jay L Clendenin | Getty ImagesExecutives or officers of major companies filed some notable stock sales with the Securities and Exchange Commission last week.Some investors follow company insiders, especially hefty moves or a cluster of moves, on the notion that they would know better than anyone when it’s the right time to buy or sell shares in their company.The data, which is from VerityData, is confirmed against the original SEC filings. These exclude where the filing explicitly says the sale was conducted pursuant to…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyMegan Horneman, Verdence Capital Advisors CIO, joins ‘Fast Money’ to talk positioning portfolios for the second half of the year.05:363 hours ago Source link
Scott McFarlane, chief executive officer of Avalara Inc., center, points to a monitor during the company’s initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, June 15, 2018.Michael Nagle | Bloomberg | Getty ImagesTax software company Avalara, which went private in 2022, disclosed on Monday it had confidentially filed for a U.S. initial public offering, indicating plans to go public again amid growing investor optimism for IPOs.The terms of the offering were not disclosed.U.S. IPO activity, sluggish at the start of the year, is gaining momentum following robust investor demand for new offerings.Avalara went public in June 2018 but was taken private in…
A fund manager who oversees assets worth close to $2 billion told CNBC that the European defense bull run may soon begin to cool off as valuations hit “extreme” levels. Speaking to CNBC’s “Europe Early Edition” on Monday, London-based Stephen Yiu, who manages the £1.4 billion ($1.9 billion) Blue Whale Growth Fund , said he had wound down his exposure to the European defense space. Regional defense stocks have seen an extraordinary rise in recent months, fueled by promises from the European Union , regional governments and the NATO military alliance to drastically hike defense spending. The Stoxx Europe Aerospace…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as the S & P 500 and Nasdaq Composite posted fresh records, and what’s on the radar for the next session. Alphabet’s streak If the stock closes higher on Tuesday, it’ll tie its longest winning streak in history. Right now, the tech giant and member of the ” Magnificent Seven ” has been up for nine straight days. Alphabet is…
