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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.

  • 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.

  • 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.

  • 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

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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. 

  • 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.

  • 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. 

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

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