Homes under construction in Englewood Cliffs, New Jersey on Nov. 19th, 2024.Adam Jeffery | CNBCIf President-elect Donald Trump is going to push inflation back down to a more tolerable level, he will need help from housing costs, an area where federal policymakers have only a limited amount of influence.The November...
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Insurance stocks have fallen since UnitedHealthcare CEO killing
A banner hanging from on overpass along the southbound lane of I-83 that says, "Deny Defend Depose Health Care 4 All."Lloyd Fox | Baltimore Sun | Tribune News Service | Getty ImagesMajor insurance stocks have fallen more than 6% since their closing prices last Tuesday, the day before the deadly...
AI play Pure Storage soars 24% after touting it won a contract with an unnamed big tech company
Low-angle view of sign with logo on facade of technology company Pure Storage in the Silicon Valley town of Mountain View, California, October 28, 2018. Smith Collection/gado | Getty ImagesPure Storage shares rallied after announcing a contract with an unnamed "top four" AI hyperscaler in tandem with its fiscal third-quarter results.The...
China ramps up Wall Street meetings as Trump inauguration looms
Aly Song | ReutersChinese Vice Premier He Lifeng has met with several U.S. finance executives in the last month as Beijing seeks to build relationships ahead of President-elect Donald Trump's planned tariffs on China.He Lifeng is one of China's four vice premiers, and heads the ruling Chinese Communist Party's economic...
‘This was preventable’: Corporate world shudders at new risks after slaying of UnitedHealthcare CEO
Closed circuit screenshots of a person of interest in the UnitedHealthcare CEO killing.Source: NYPDUnitedHealthcare CEO Brian Thompson was fatally shot Wednesday doing something countless other American executives routinely do: Walking unaccompanied to an investor event held by his company.But Thompson's death this week in the heart of corporate America's capital...