Business

FRANCE – 2025/01/20: In this photo illustration, Trump Meme , Trump the Crypto president, is seen displayed on a smartphone screen. (Photo Illustration by Romain Doucelin/SOPA Images/LightRocket via Getty Images) Romain Doucelin | Getty Images Cryptocurrency firm bosses are optimistic about the changes of comprehensive federal rules for the industry passing this year now that
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JPMorgan Chase CEO Jamie Dimon said Wednesday that the looming tariffs that President Donald Trump is expected to slap on U.S. trading partners could be viewed positively. Despite fears that the duties could spark a global trade war and reignite inflation domestically, the head of the largest U.S. bank by assets said they could protect
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Shares of Netflix soared more than 14% Tuesday after the company posted fourth-quarter results that beat on the top and bottom lines. The company surpassed 300 million paid memberships during the quarter, adding a record 19 million subscribers. Netflix said the growth was driven by its content slate, improved product and typical fourth-quarter seasonality. The
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The word “Netflix” shines brightly at the presentation of the new season (3) of the Netflix series “Bridgerton” in the Flora. Rolf Vennenbernd | Picture Alliance | Getty Images Netflix is hiking the price of most of its plans in the U.S. The streaming giant announced on Tuesday that its standard plan without commercials will
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Customers shop for food at a grocery store on Jan. 15, 2025 in Chicago, Illinois.  Scott Olson | Getty Images Many of the items that U.S. shoppers browse and buy in retailers’ aisles come from far-away factories or farms — a reality that could soon force many consumers to change their buying habits. Sneakers, T-shirts,
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Billionaire investor Stanley Druckenmiller believes Donald Trump’s re-election renewed a jolt of speculative enthusiasm in the markets and surging optimism within businesses. “I’ve been doing this for 49 years, and we’re probably going from the most anti-business administration to the opposite,” Druckenmiller said on CNBC Monday. “We do a lot of talking to CEOs and companies on the
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Ugly Sweater display, OMG! Santa! I know Him! from the movie Elf, on display in Target store, Queens, New York.  Lindsey Nicholson | Getty Images Target raised its fourth-quarter sales forecast Thursday after more consumers turned to its stores and website for holiday shopping — particularly on days known for deep discounts. The big-box retailer
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The Freetrade application on a smartphone and desktop PC. Freetrade LONDON — Freetrade, a British rival to popular stock trading app Robinhood, said Thursday that it’s been acquired by online investing platform IG Group. The deal values Freetrade at £160 million ($195 million) — a 29% discount to its last valuation. The startup said that
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Ted Pick, CEO Morgan Stanley, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 18th, 2024. Adam Galici | CNBC Morgan Stanley on Thursday topped estimates for fourth-quarter earnings and revenue as the firm’s equities and fixed income traders exceeded expectations. Here’s what the company reported: Earnings:
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