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Trump-backed Rep. Madison Cawthorn concedes North Carolina Republican primary race
at 2:36 am
Controversial Republican Rep. Madison Cawthorn was endorsed by former President Donald Trump.
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China has signaled easing of its tech crackdown — but don't expect a policy U-turn
at 2:18 am
Following a meeting with top executives, Liu He, China's vice-premier, pledged support for the technology sector and plans for internet companies to go public.
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Fetterman wins PA Democratic Senate primary, GOP contest is too early to call, NBC projects
at 1:52 am
Voters in Pennsylvania decided critical primary races, including a Republican Senate contest that featured Mehmet Oz, Dave McCormick and Kathy Barnette.
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India isn't the only one banning food exports. These countries are doing the same
at 1:46 am
Here's a list of countries that have banned food exports in the months after the Russia-Ukraine war started, according to the PIIE
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Powell says the Fed will not hesitate to keep raising rates until inflation comes down
at 1:22 am
Fed Chair Jerome Powell said he will back interest rate increases until prices start falling back toward a healthy level.
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House Democrats to hold hearings on baby formula crisis, introduce bill to beef up FDA inspections
at 12:51 am
The House will hold hearings on the U.S. baby formula shortage after the closure of an Abbott Nutrition plant sent parents scrambling.
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Natural gas prices have already doubled this year. A hot summer could push them even higher
at 10:47 pm
U.S. natural gas prices more than doubled since the start of the year, and the air-conditioning season could send them soaring by another 25% or more.
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JPMorgan investors hand Jamie Dimon a rare rebuke with disapproval of $52.6 million bonus
at 10:37 pm
The disapproval was the first time JPMorgan's board suffered a down vote on compensation since "say on pay" measures were introduced more than a decade ago.
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Netflix lays off 150 employees as the streaming service contends with big subscriber losses
at 10:16 pm
Netflix is laying off around 150 employees across the company, CNBC confirmed Tuesday.
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Just 2% of the richest Americans had their taxes audited in 2019, down from 16% in 2010
at 10:01 pm
The main reason for the decline in the audit rate is a lack of IRS funding, according to a GAO report.
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FDA authorizes Pfizer Covid booster dose for kids ages 5 to 11 years old
at 9:50 pm
The FDA determined that a third shot can help boost protection for children in this age group and the benefits outweigh the risks.
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Musk met Twitter execs for 3 days before making a bid, unclear if they discussed bots
at 8:34 pm
Twitter's filing didn't say what was discussed in its meetings or if Musk brought up his concerns about the proliferation of spam accounts on the platform.
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AMD shares jump after an analyst upgrade. We also think the stock is a buy
at 8:10 pm
Piper Sandler's upgrade of AMD helped the stock jump Tuesday. We've said for weeks the selling has been overdone.
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Robinhood to let users hold their own crypto and NFTs as it reaches for growth beyond stock trading
at 8:08 pm
Robinhood will launch a stand-alone app that lets users custody their own cryptocurrencies and NFTs, putting it squarely in competition with Coinbase.
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Walmart shares fall as higher costs, supply chain problems and inventories eat into profits
at 8:06 pm
The discounter said the significant jump in fuel prices, higher labor costs and aggressive inventory levels weighed on the company's profits.
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Garage-door maker employees get cash reward in takeover as private equity tests ownership model
at 8:00 pm
In Arthur, Illinois, this week brought a life-changing surprise for hundreds of workers at locally based garage-door maker, C.H.I. Overhead Doors.
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You might start hearing about capitulation in the markets. Here's why you should invest anyway
at 7:51 pm
Financial advisors warn investors to stick to their plans even when they start hearing about market capitulation.
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Flight attendants’ union backs Spirit-Frontier merger, clearing labor hurdle
at 6:58 pm
The announcement clears a labor hurdle among the biggest worker groups at the airlines.
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You can get 8 more Covid-19 test kits mailed to your door for free—here's how
at 6:49 pm
As of Monday, you can order a new batch of eight Covid-19 rapid test kits through a federal government website.
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We're adding an appliance maker to our Bullpen as we look for new stocks to buy
at 6:37 pm
After calling up a handful of names, we want to refresh a company already in our Bullpen, in addition to putting another one on it.
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Elon Musk calls on SEC to evaluate Twitter user numbers
at 6:10 pm
Elon Musk continues to badger Twitter over its metrics and is calling on the SEC to look into the company's user numbers.
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U.S. Rep. Madison Cawthorn lags behind competitors in ad spending heading into primary
at 5:59 pm
Rep. Madison Cawthorn's campaign spent nothing on local TV advertisements and lagged behind in cable investments going into the Tuesday primary for his seat.
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Ford-backed robotaxi start-up Argo AI is ditching its human safety drivers in Miami and Austin
at 5:46 pm
Argo's driverless taxis won't be carrying paying passengers yet, but they will be on city streets during business hours.
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Twitter loses three more senior employees ahead of Musk deal
at 5:33 pm
A Twitter spokesperson said the three will be leaving the company for new opportunities.
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U.S. traffic deaths reached a 16-year high in 2021, according to government estimates
at 5:31 pm
More people died on U.S. roadways last year than any year since 2005, according to new data released Tuesday by federal vehicle safety officials.
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Silicon Valley supply chain fixer Flexport tops the 2022 CNBC Disruptor 50 list
at 4:12 pm
Logistics start-up Flexport is No. 1 on the 2022 CNBC Disruptor 50 list as Silicon Valley looks at the broken global supply chain as a major market opportunity.
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Coinbase to slow hiring amid plunge in cryptocurrencies and tech stocks
at 4:12 pm
Coinbase told staff Tuesday it would slow hiring and reevaluate its headcount, reversing earlier plans to triple its workforce in 2022.
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Crypto industry wields its influence in Washington after pouring over $30 million into campaigns
at 4:05 pm
Crypto executives and lobbyists are moving to gain a foothold in Washington as lawmakers scramble to find a way to regulate the industry.