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Jeremy Siegel backs off on calls for the Fed to do an emergency interest rate cut

Jeremy SiegelScott Mlyn | CNBC Wharton School Professor Jeremy Siegel no longer thinks it's vital for the Federal Reserve to implement an emergency...

Trump says he should get a say on Federal Reserve interest rate decisions

Republican presidential candidate former President Donald Trump speaks during a press conference at his Mar-a-Lago estate on August 08, 2024, in Palm Beach,...

Pressure mounting on Warner Bros. Discovery CEO David Zaslav to deliver value for shareholders

David Zaslav attends the world premiere of "The Flash", in Hollywood, Los Angeles, California, U.S., June 12, 2023.Mike Blake | ReutersWarner Bros. Discovery...

Average consumer now carries $6,329 in credit card debt. ‘People are stretched,’ experts says

Credit card debt is on the rise.Americans now owe a record $1.14 trillion on their credit cards, the Federal Reserve Bank of New York...

Weekly jobless claims fall to 233,000, less than expected, in a positive sign for labor market

An employment sign is seen on the window of a department store on August 02, 2024 in New York City. Michael M. Santiago |...

Three Disney films could top $1 billion this year after box office rut

Hugh Jackman, Robert Iger, and Ryan Reynolds at the Marvel Studios' "Deadpool & Wolverine" World Premiere held at David H. Koch Theater on...

Boeing’s new outsider CEO Ortberg takes the helm, this time from the factory floor

Robert K. "Kelly" Ortberg is the Boeing's new president and chief executive officer, effective August 8, 2024. Ortberg will also serve on Boeing's...

Under Armour sales fall after retailer cuts discounts, promotions in bid to be more premium

Under Armour on Thursday said quarterly sales fell 14% in North America, and adjusted its full-year profit guidance after settling a years-old securities...

Restaurant Brands revenue tops estimates, fueled by Tim Hortons

A general view of a Tim Hortons Drive-Thru coffeehouse and restaurant at Lakeside Retail Park on February 5, 2024 in Grays, United Kingdom.John...

10-year Treasury yield falls as stocks stumble

Momentum behind U.S. Treasury yields waned on Thursday, as a recovery rally in global stock markets stalled.The yield on the 10-year Treasury was...

NASA has about a week to decide on returning Boeing’s Starliner with crew or empty

Boeing's Starliner spacecraft is pictured docked to the International Space Station orbiting above Egypt's Mediterranean coast on June 13, 2024.NASANASA aims to soon...

As inflation fury lingers, politicians join customers in pushing companies to cut prices

Kroger, Walmart, and McDonald's.Beata Zawrzel | Nurphoto | Brandon Bell | Getty Images | Kamil Krzaczynski | ReutersExpensive Big Mac meals and fears...

Jamie Dimon says he still sees a recession on the horizon

JPMorgan Chase CEO Jamie Dimon said Wednesday he still believes that the odds of a "soft landing" for the U.S. economy are around...

Nearly half of student loan borrowers are expecting debt forgiveness, Sallie Mae report finds

Nearly half — 48% — of student loan borrowers expect debt forgiveness in the future.Many of those borrowers anticipate that the government will...

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