Author: CNBC

Gas prices are displayed at a gas station on March 12, 2024 in Chicago, Illinois.  Scott Olson | Getty Images A closely-watched Labor Department report due Wednesday is expected to show not much progress made in the battle to bring down inflation. If so, that would be bad news for consumers, market participants and Federal…

A portrait of Jeff Yass. Photo: Eddie Malluk Inside one of the largest options trading firms in the world sits a little known charitable foundation, that has quietly donated tens of millions of dollars to influence federal policy, education and law. The firm and the foundation are twin enterprises of Republican megadonor Jeff Yass, and…

Ashley Biden speaks alongside her father US President Joe Biden during a Juneteenth concert on the South Lawn of the White House in Washington, DC, US, on Tuesday, June 13, 2023.  Samuel Corum | Bloomberg | Getty Images A Florida woman who stole and then sold a diary and other items belonging to Ashley Biden…

Popular YouTube group Dude Perfect, which first rose to popularity for its basketball trick shots, has secured a significant nine-figure investment, in the range of $100 million to $300 million, from private investment firm Highmount Capital. The investment will support Dude Perfect’s exploration of new strategic opportunities and expansion beyond the creator economy. “We’re really…

Gold was concealed as air compressor parts Source: Hong Kong Customs and Excise Department In Hong Kong’s largest gold smuggling bust, the city authorities seized an estimated $10.7 million worth of the precious metal that had been concealed as machine parts being shipped to Japan. According to a government statement on Monday, 146 kg of gold had…

A Tesla Model X burns after crashing on U.S. Highway 101 in Mountain View, California, U.S. on March 23, 2018.  S. Engleman | Via Reuters Tesla has settled a wrongful death lawsuit brought by the family of Walter Huang, an Apple engineer and father of two who died after his Model X SUV, with Autopilot…

The merger that led to Trump Media shares becoming publicly traded is also paying off for top executives and other insiders at the company, which owns the Truth Social app regularly used by former President Donald Trump. Corporate filings from Trump Media — which reported a net loss of $58 million last year on revenue…

We are buying 25 shares of Palo Alto Networks at roughly $266.16. Following the trade, Jim Cramer’s Charitable Trust will own 300 shares of PANW, increasing its weighting to 2.5% from 2.28%. The stock of this cybersecurity leader is down about 10% from our last buy in February, and we view this as a solid…

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. U.S. stocks were higher Monday as Wall Street tried to recover from last week’s pullback. Recently, investor concerns about the Federal Reserve’s next policy move have weighed on the market.…