News & Events
CNBC
- BlackRock's Rieder says more volatility could 'play through the financial system' March 21, 2023BlackRock's Rick Rieder said it's not clear whether there are additional shoes to drop in the banking system, but he does see some tightening of lending.
- Nike's holiday quarter plagued by bloated inventory, weak China sales March 21, 2023Investors have been watching to see if Nike's gross margins improve from its direct-to-consumer channels.
- Bill Gates says OpenAI's GPT is the most important advance in technology since 1980 March 21, 2023"The whole experience was stunning," Gates wrote. "I knew I had just seen the most important advance in technology since the graphical user interface."
- GameStop stock soars after retailer posts first quarterly profit in two years March 21, 2023GameStop has been in the midst of a turnaround and posted its first quarterly profit for the first time in two years.
- Bitcoin, ether build on recent gains as investors await Fed rate hike decision March 21, 2023Cryptocurrency prices were slightly higher and investors braced for the conclusion of the Federal Reserve's two-day policy meeting on Wednesday.
- Potentially deadly fungus is spreading at an 'alarming rate,' CDC says March 21, 2023Candida auris was limited to New York City and Chicago, but has since been detected in more than half of U.S. states and has become endemic in some areas.
- Rapper Bad Bunny sued for $40 million over ex-girlfriend's voice recording March 21, 2023The voice recording can be heard on two of Bad Bunny’s hit songs: “Pa Ti” and “Dos Mil 16.”
- Google CEO tells employees that 80,000 of them helped test Bard A.I., warns 'things will go wrong' March 21, 2023In a memo to employees Tuesday, Google and Alphabet CEO Sundar Pichai wrote, “user feedback is critical to improving the product and the underlying technology."
- Cathie Wood says rising rates hit her strategy like an earthquake and cyclical stocks are next March 21, 2023Ark Invest's Cathie Wood said rapid interest rate hikes are now starting to hit more cyclical pockets of the market.
- Stocks making the biggest moves midday: Tesla, First Republic, KeyCorp, UBS and more March 21, 2023Check out the companies making headlines in midday trading Tuesday.
- Junk fees cost consumers tens of billions annually, according to the White House March 21, 2023The White House panel on junk fees is the Biden administration's next step toward promoting its Junk Fees Prevention Act
- Fox News producer alleges network coerced her into giving misleading testimony on Dominion March 21, 2023A producer at the network alleged that Fox News lawyers “coerced, intimidated, and misinformed” her as they prepared her to testify in Dominion Voting Systems’ defamation suit.
- White Claw unveils branded vodka as it enters the spirits category March 21, 2023The vodka is available in select markets across North America and comes in an unflavored option, as well pineapple, mango and black cherry.
- Everyone's talking about Credit Suisse's risky bonds. Here's what they are and why they matter March 21, 2023AT1 bonds date back to the aftermath of the 2008 financial crisis, when regulators tried to shift risk away from taxpayers.
- TikTok CEO appeals to U.S. users ahead of House testimony March 21, 2023Chew emphasized the large scale of TikTok users, small and medium-sized businesses and its own employees based in the U.S. that rely on the company.
- What student loan borrowers need to know about the 2023 tax season March 21, 2023With federal student loan payments on pause, and debt forgiveness in the balance, here's what borrowers need to know this tax season.
- Microsoft Bing now uses OpenAI's DALL-E A.I. to turn text into images March 21, 2023Microsoft's new tool will use OpenAI's DALL-E to create text-prompted images.
- Fed is likely to hike rates by a quarter point but it must also reassure it can contain a banking crisis March 21, 2023The Federal Reserve is expected to raise interest rates Wednesday by a quarter point, but it also must reassure markets it can stem a worse banking crisis.
- Texas judge could invoke obscure 1873 law to roll back mail delivery of abortion pill mifepristone March 21, 2023Federal Judge Matthew Kacsmaryk raised the Comstock Act repeatedly in last week's hearing for the case challenging FDA approval of mifepristone.
- Biden to designate two new national monuments, in Nevada and Texas March 21, 2023The Spirit Mountain area, also known as Avi Kwa Ame, would be the largest protected area so far under the Biden administration.
Fortune
- The big winners of the pandemic: 2% mortgage rate holders March 21, 2023Homeowners who locked in mortgage rates around 2% or 3% may just be the big financial winners of the pandemic, given that rates are currently hovering around 7%.Alena Botros
- American imprisoned by Saudis over 'innocuous tweets' he posted from Florida is freed after two years March 21, 2023But it remained unclear whether the kingdom would drop a travel ban to allow him to return to the U.S.Ellen Knickmeyer, The Associated Press
- Florida man attacks Def Leppard drummer during smoke break outside Fort Lauderdale Four Seasons March 21, 2023Police said the assailant hid behind a pillar while Allen, who lost his left arm in an accident in 1984, was smoking a cigarette. A 19-year-old is in custody.The Associated Press
- 'I thought I had died,' says teacher who survived being shot by 6-year-old March 21, 2023“I just will never forget the look on his face that he gave me while he pointed the gun directly at me,” Abby Zwerner told NBC’s Savannah Guthrie.The Associated Press
- Norfolk Southern CEO now supports efforts to enhance 'safety of the freight rail industry' but he doesn't totally support the current bill March 21, 2023Alan Shaw even said there are “areas in which we believe Congress could go further with safety legislation."Stephen Groves, The Associated Press
- Detroit art museum settles a case over a Van Gogh that it mysteriously secured from Brazil. It's not saying who owns it. March 21, 2023The Detroit Institute of Arts has not publicly explained how it got "The Novel Reader" on loan, saying only that it came from a collection in Brazil.Ed White, The Associated Press
- A rare Caravaggio masterpiece valued at $331 million is locked away in a private Italian villa at the center of a bitter inheritance battle March 21, 2023Italian law dictates that the Caravaggio and other art cannot be removed.Monika Schmitter, The Conversation
- Gwyneth Paltrow ski-collision lawsuit gets nasty in court: 'His memories of the case get better over the years. That's all I'm gonna say.' March 21, 2023Paltrow's lawyer called the retired optometrist's story about her running into him “utter B.S.” as the actor-turned-influencer looked on somberly.Sam Metz, The Associated Press
- Coinbase shares bounce back alongside Bitcoin March 21, 2023The exchange’s stock mirrors a resurgence in the price of the largest cryptocurrency.Ben Weiss
- Joe Biden to add 2 new national monuments that protect desert mountains and Joshua trees in the Southwest March 21, 2023Together, the two new national monuments protect nearly 514,000 acres of public lands.Matthew Daly, The Associated Press
YAHOO Finance
- GME Stock Rockets Over 45% On GameStop's First Profit Since 2021 March 21, 2023
- Federal Reserve Meeting: Rate Hike Likely, But U-Turn Is Near; S&P 500 Gains March 21, 2023
- Nike Tops Earnings and Revenue Expectations. The Stock Jumps. March 21, 2023
- First Republic Rebounds From Record Low With Aid Plan in Focus March 21, 2023
- Stock market news today: Banks lead stock surge, yields rise as all eyes turn to Fed March 21, 2023
- SVB’s Loans to Insiders Tripled to $219 Million Before It Failed March 21, 2023
- Apple Stock Gears Up for Major Breakout March 21, 2023
- Ark’s Cathie Wood Sees Silver Lining in $2 Billion Loss March 21, 2023
- Stocks Could Be Headed for Another Tumble. It Won’t Look Like the Last One. March 21, 2023
- Trucking Giant Knight-Swift Transportation to Buy U.S. Xpress March 21, 2023
- 3 REITs With Spectacular Returns In 2023 March 21, 2023
- Delta Move Is Bad News For Southwest, United Airlines Passengers March 21, 2023
- Tesla Price Cuts Show There’s a Method to Musk’s Madness March 21, 2023
- Tesla scores blue chip status after Moody's debt upgrade March 21, 2023
- Apple Shares Are at a Pivot Point March 21, 2023
- Disney Has More Bad News Investors Will Hate March 21, 2023
- Tempted to Buy Banks? Don't Catch a Falling Piano March 21, 2023
- 'Invite me to your funeral': Jim Cramer makes a bold call on the Nasdaq — and even billionaire Elon Musk had to respond. Here are 3 ways to bet on that conviction March 21, 2023
- AT&T Stock Getting Closer To Key Technical Benchmark March 21, 2023
- Insiders pour millions into these 2 stocks — this is what makes them attractive buys March 21, 2023
