Affirm shares soar 22% on revenue beat, surprise profit during holiday period
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Consumer inflation fears spike in February as tariff worries hit sentiment
Respondents expect the inflation rate a year from now to be 4.3%, a 1-point jump from January and the highest level since November 2023.CNBC - 1h -
Here's where the jobs are for January 2025 — in one chart
Health care and retail were strong areas for the U.S. economy in January.CNBC - 3h -
Bill Ackman reveals he's been building a more than $2 billion stake in Uber
The hedge fund manager said his fund began buying Uber shares in early January and has amassed 30.3 million shares, worth $2.3 billion.CNBC - 1h -
Vance tells Musk that DOGE staffer who resigned after posting racist tweets should be rehired
Marko Elez was on the DOGE team formed by Elon Musk and tasked by President Donald Trump with cutting federal spending and reducing the government workforce.CNBC - 48m -
Minneapolis Fed's Kashkari expects lower interest rates later this year
In a CNBC interview, the central bank official expressed confidence that inflation will continue to drift down to the Fed's 2% target.CNBC - 2h
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Amazon scrubs DEI mention from its annual report
Amazon has removed any references to diversity and inclusion from its most recent annual report.CNBC - 5m -
AEW CEO Tony Khan says he wants to keep company private to pass it down to his kids
AEW founder and co-owner Tony Khan says he wants to keep the league privately held so he can one day pass it down to his kids.CNBC - 11m -
Why Microchip would rather borrow money to pay its high dividend than cut it
Microchip Technology’s stock was falling after the semiconductor maker kept its dividend flat for first time in four years, reported quarterly sales that fell to a seven-year low and gave an ...MarketWatch - 16m -
Hedge fund manager Bill Ackman takes $2.3bn stake in Uber
Ride-hailing group is ‘one of the best managed and highest quality businesses in the world’, activist investor saysFinancial Times - 17m -
Expedia’s stock rallies as Wall Street cheers the return of its dividend
For the first time since the COVID-19 pandemic, Expedia will pay out a quarterly dividend of 40 cents a share.MarketWatch - 18m