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The Latest Breaking News from CNBC

MAGArich propel GOP through Trumpulence

With tech billionaire Peter Thiel showing reluctance to spend big, meet the other rich Republicans being wooed

Salon

One of Wall Street's top investors says banks forgot 'Finance 101', landing them in same crisis the sector has been seeing for decades

“How many times are we going to learn this lesson?” he questioned after the collapse and rescue of First Republic.

Fortune

De-dollarisation: why are countries looking to ditch US currency?

The long reign of the US dollar as the world’s reserve currency may be drawing to a close as non-Western and emerging economies look for alternatives to the greenback.

The Week

From analysis to the latest developments in health,
read the most diverse news in one place.

Young people are using VR more than the generations who came before them, but I'm worried about Meta's influence.

TechRadar

Strong Earnings Results Boost Stocks

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.83%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.80%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.65%. Stock indexes Friday posted moderate gains, with the S&P...

Barchart

ARK Predicts Tesla Stock To At Least $2,000 By 2027, But Why?

There are many reasons Tesla could have much success going forward, but ARK CEO Cathie Wood has her eyes on something Elon Musk has been teasing for years.

InsideEVs

ASX falls, Japan's Kirin to buy Blackmores for $2 billion, Wall St eases as First Republic banking crisis outweighs tech profits — as it happened

The Australian share market has fallen for the fifth session in a row, and vitamins firm Blackmores has soared after Japan's Kirin Holdings announced it would buy the natural health company for nearly $2 billion.

ABC News

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Microsoft Still a Buy Despite U.K. Downer

A day after Microsoft reported strong earnings, the company got bad news about its proposed acquisition of Activision Blizzard. Nevertheless, MSFT stock gained more than 7% on Wednesday despite the U.K. regulator blocking the transaction.

Barchart

Stocks Mixed as Microsoft Leads Tech Higher and First Republic Weighs on Banks

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.33%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.96%. U.S. stock indexes this morning are mixed, with the...

Barchart

Who is Relativity Space and what do they do?

Relativity Space is a California-based startup company that has produced the world's first 3D-printed rocket, the Terran-1. We explore the company in more detail here.

Space

Chinese EV Giant BYD Says Fully Autonomous Driving Is “Basically Impossible”

BYD, which is China’s largest electric vehicle seller, believes that fully autonomous driving is “basically impossible.”

InsideEVs

B+C Hall of Fame 2023: Ray Hopkins

President, U.S. Networks Distribution, Paramount Global

Multichannel News

Global rice shortage: Here's why rice could disappear from store shelves

We explain the global rice shortage - including why rice production has fallen and where will be worst affected by the lack of supply.

GoodToKnow

‘Cartel wives’ of Chicago’s twin cocaine kingpins plead guilty to stashing drug cash

Vivianna Lopez and Valerie Gaytan, wives of Pedro and Margarito Flores, admitted to involvement in a conspiracy to launder millions from their husbands’ drug trafficking business after the men were taken into federal custody.

Chicago Sun-Times

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McClatchy Washington Bureau

DeSantis ready to fire back at Trump over Social Security, Medicare attacks

Donald Trump and his allies have already made a habit of going after Ron DeSantis over Social Security and Medicare.

Fortune

Google's foldable smartphone, the Pixel Fold, reportedly will go on sale this June

Device will likely be introduced at I/O developer conference on May 10.

Axios

Fox News settlement turns Dominion into a private equity blockbuster

Staple Street Capital paid just $38 million to buy Dominion in 2018.

Reason

FDA Head Wants 'Better Regulation' of What Government Considers Misinformation

Officials who often get it wrong can’t be trusted to reliably decree what’s true.

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news in one place.

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The Pixel Fold is expected in June, but you might not like the price

Google's first folding phone is going to be the most expensive Pixel it's ever made

Tom’s Guide

Google Pixel Fold could feature 'the most durable hinge on a foldable'

The Google Pixel Fold will reportedly have a strong hinge and a lengthy battery life, plus generous pre-order incentives when it goes on sale.

Android Central

The latest Pixel Fold leak details a real competitor to the Galaxy Z Fold 4

New Pixel Fold details reveal possible water resistance and tease and a very heavy but durable phone.

Fortune

Ryan Reynolds says ‘emotional investment’ is the key to his business success

The actor recently revealed he had invested in Canadian fintech firm Nuvei.

Fortune

China's reopening sees Gen Z ready to splurge after lying flat: 'They don’t see life as a matter of ruthless survival'

A shift in attitudes towards work and personal comfort in China's younger generation may end up helping the country’s economy.

USA Today Sports Media Group

Rockets owner Tilman Fertitta not advancing bid for NFL’s Commanders

Other bidders are reportedly offering near $6 billion for the NFL’s Washington Commanders, but #Rockets owner Tilman Fertitta says he isn’t willing to go to that number.

Fortune

Warren Buffett slams failed banks for doing ‘dumb things’ but says ‘depositors will be safe no matter what’

Buffett blamed failed-bank executives for causing instability in the financial sector Wednesday, but said with regulators’ backing, “banks can go bust” and “depositors aren’t going to be hurt.”

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People

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