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Former U.S. Transportation Secretary and 2020 presidential candidate Pete Buttigieg speaks at a rally at The Mother Lode Theatre on May 17, 2026 in Butte, Montana. Janie Osborne | Getty Images Imagine a corporation wants to spend $10 million to defeat a political candidate. Under the Supreme Court’s landmark 2010 Citizens United ruling, it can…
Images of mobile devices at the Taiwan Semiconductor Manufacturing Co. (TSMC) Museum of Innovation in Hsinchu, on Tuesday, Jan. 11, 2022. I-Hwa Cheng | Bloomberg | Getty Images Asian technology stocks tumbled Friday, tracking a sharp sell-off on Wall Street overnight that sent the tech-heavy Nasdaq Composite into correction territory as renewed concerns over artificial…
A version of this article appeared in CNBC’s Inside Wealth newsletter, a weekly guide to the high-net-worth investor and consumer.Β Sign upΒ to receive future editions, straight to your inbox. Democrats’ sweeping midterm victories have renewed momentum for taxing the wealthy on a national level. Sen. Ron Wyden, D-Ore., who is set to retake control of the…
A Super Mario character is pictured at a Nintendo display ahead of the launch of the company’s Switch 2 console, at an electronics store in Nagoya, Japan, June 2, 2025. Richard A. Brooks | Afp | Getty Images Sales of Nintendo‘s flagship Switch 2 plunged in its fiscal second quarter after the Japanese gaming giant…
U.S. President Donald Trump arrives to deliver remarks during a campaign rally at the Rock Hill Sports and Event Center on October 29, 2026 in Rock Hill, South Carolina. Andrew Harnik | Getty Images News | Getty Images The stock market skyrocketed on Wednesday on the heels of a decisive sweep for Democrats in the…
A person walks into a CVS pharmacy near George Washington University in Washington, U.S., August 15, 2024. Kaylee Greenlee Beal | Reuters CVS Health plans to split into two separate public companies by the first half 2028 in what would be one of the largest corporate splits in history, the company announced Wednesday.Β The move…
The stock market was not pricing in a Democratic sweep of Congress heading into Tuesday and therefore the political climate could be a headwind for investors into year-end. Follow CNBC’s live coverage of the 2026 midterm elections Short-term moves aside, the typical post-midterm pattern in the months ahead is bullish. But some wonder if the…
Sen. Chris Murphy, D-Conn., talks with reporters during votes in the U.S. Capitol on Sept. 30, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images Sen. Chris Murphy remained hospitalized Tuesday after suffering a stroke over the weekend, his office confirmed. “He’s continuing to improve and heartened by the outpouring of well wishes,” Josh…
Apple and Palantir shares fell in premarket trading Tuesday after both announced earnings after the bell on Monday. The iPhone maker reported better-than-expected revenue in its fourth-quarter earnings, but fell short of estimates on iPad sales and issued a margin forecast that disappointed investors. Palantir beat Wall Street’s third-quarter estimates, with U.S. commercial revenue topping…
CNBC’s Jim Cramer highlighted six fashion and apparel stocks on Monday for investors looking for alternatives to the struggling AI trade. While technology stocks have come under pressure in recent weeks, consumer stocks have been resilient. The SPDR S&P Retail ETF (XRT) gained 10% this quarter, while the Technology Select Sector SPDR Fund (XLK) fell…