Fed Chair Jerome Powell said Wednesday that the central bank could find itself in a dilemma between controlling inflation and supporting economic growth. cnb.cx/4jlbLOc
CNBC
Broadcast Media Production and Distribution
Englewood Cliffs, NJ 2,963,103 followers
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Welcome to CNBC's home on LinkedIn! Follow us for regular updates about financial news, top CNBC.com stories, behind-the-scenes moments and more. CNBC, Inc. provides business news in the United States and Canada. It provides real-time financial market coverage and business information. The company, through its Web site, cnbc.com, provides real-time market analysis; video programming daily; industry and topic-specific blogs; cnbc.com live stream, a long-form scheduled programming of events; charts; and investing tools. The company was founded in 1989 and is headquartered in Englewood Cliffs, New Jersey. CNBC, Inc. operates as a subsidiary of NBC Universal, Inc.
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http://www.cnbc.com
External link for CNBC
- Industry
- Broadcast Media Production and Distribution
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- 501-1,000 employees
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- Englewood Cliffs, NJ
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- Financial News, Stocks, Market Updates, Merger and Acquisitions, Investing Tools, Business News, Earnings, World Market News, Career, Entrepreneurship, Business, Finance, Markets, News, and Journalism
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Englewood Cliffs, NJ 07632, US
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Updates
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Federal Reserve Chair Jerome Powell discusses concerns about the federal debt during an interview at The Economic Club of Chicago. Read more: cnb.cx/4jlbLOc
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OpenAI is in talks to pay about $3 billion to acquire Windsurf, an artificial intelligence tool for coding help, CNBC has confirmed. Windsurf, formerly known as Codeium, competes with Cursor, another popular AI coding tool, as well as existing AI coding features from companies like Microsoft, Anthropic and OpenAI itself. Bloomberg was first to report on the potential deal, which CNBC confirmed with a person familiar with the matter who asked to remain anonymous since the talks are ongoing.
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Federal Reserve Chair Jerome Powell gave no indication on where he sees interest rates headed, but noted that, “For the time being, we are well positioned to wait for greater clarity before considering any adjustments to our policy stance.” Find more: cnb.cx/4jlbLOc
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Supplies of new and used vehicles for sale in the U.S. are declining rapidly as consumers flock to purchase cars and trucks ahead of potential price increases due to tariffs, according to auto dealers and industry analysis. cnb.cx/3Eq2XqQ
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Retirees may think moving all their investments to cash and bonds — and out of stocks — protects their nest egg from risk. They would be wrong, experts say. Most, if not all, retirees need stocks — the growth engine of an investment portfolio — to ensure they don't run out of money during a retirement that might last decades, experts said.