California’s counting on an IPO tax windfall. Several factors are complicating the equation
The IPOs of SpaceX, OpenAI and Anthropic could create a tax windfall for the state of California. But experts say the revenue impact may be blunted.
Warsh wants to listen to markets more. Morgan Stanley says markets may regret it.
Fed Chair Kevin Warsh says he wants to listen to the signal from markets more. Strategists at Morgan Stanley say markets may regret being in charge.
CNBC to wade further into live sports with 11 simulcast WNBA games
The simulcasts will expose the WNBA to an affluent audience on CNBC and marks a new chapter for the business news network after it spun out from Comcast.
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Inside the push to weaken Washington’s toughest financial watchdog
The SEC used to intimidate corporate wrongdoers. Now its own commissioners are gutting its leverage.
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Rumble gets 22,000 Nvidia chips, but the video company’s CEO insists this isn’t a fad-like pivot
Is Rumble’s AI expansion just Allbirds 2.0 — or a move modeled after Elon Musk?
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CarMax shares fall after used car retailer reports earnings beats, CEO details turnaround plan
Despite the beats, questions remain about the company’s ability to grow and cut costs under the plan amid tougher market conditions, including margin pressure.
Warsh launches his push to change how the Fed operates
Federal Reserve Chairman Kevin Warsh made waves on Wednesday while hosting his first press conference as head of the U.S. central bank.
