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Oil prices rise as crude inventories fall and U.S. inflation eases
West Texas Intermediate and Brent are flat for the week. The contracts have lost 4% and 5.8%, respectively, for the month.CNBC - Business -
Cannabis stocks rise as U.S. moves to reclassify pot as less dangerous
Cannabis companies including Cresco Labs, Trulieve and Ayr Wellness post solid gainsMarketWatch - Business -
Gold Prices Rise as U.S. Inflation Data Boosts Rate Cut Hopes
Gold rose on renewed hopes for Federal Reserve interest-rate cuts, after U.S. inflation eased slightly in April in line with expectations.The Wall Street Journal - World -
Jewelers Turning to Artificial Intelligence for Online Advertising
Jewelers are increasingly exploring the technology’s potential to create new worlds in online campaigns.The New York Times - Business -
The WSJ Dollar Index Rises 0.2%
The WSJ Dollar Index was up 0.2% to 99.16 — snapping a three-trading-day losing streak.The Wall Street Journal - World -
With 17 Simple Words, Walmart CEO Doug McMillon Just Taught a Profound Lesson in Emotional Intelligence
A ton of research agrees with him about the best way to escape negative thinking.Inc. - Business -
Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
Walmart may just be a pit stop for high-income consumers.CNBC - Business -
Despite Inflation Concerns, Markets Keep Rising
Stocks on both sides of the Atlantic set records as investors foresee interest rates moving in one direction: down.The New York Times - Business -
Comex Gold Settles Lower, Silver Rises
Gold settled 0.4% lower, snapping a two-session winning streak, and silver rose 0.5%, up for a third consecutive session.The Wall Street Journal - World -
The rise and fall of Canada's 'Crypto King' Aiden Pleterski
Yahoo News - World
More from CNBC
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After Adobe collapse, Figma deal allows employees to sell shares at $12.5 billion valuation
Figma on Thursday announced a tender offer that will allow current and former employees to sell shares at a valuation of $12.5 billion.CNBC - Business -
Shares of Cartier owner Richemont climb on record full-year sales, new CEO
Shares of Swiss luxury group Richemont climbed as much as 6.3% Friday after it reported record full-year sales even as Asia Pacific spending waned.CNBC - Business -
Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
Walmart may just be a pit stop for high-income consumers.CNBC - Business -
Trump lawyer yells at Michael Cohen in cross-examination over call about Stormy Daniels
Donald Trump is charged in the case with falsifying business records related to a hush money payment Michael Cohen made to porn star Stormy Daniels.CNBC - Business - Donald Trump -
Former Facebook and Nike diversity manager gets 5 years in prison for $5 million fraud
Barbara Furlow-Smiles, a Georgia resident who was a diversity manager for Facebook and Nike, was ordered to pay restitution for her theft scheme.CNBC - Business