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Cleveland-Cliffs surges after a rejected buyout offer. Here’s how the pros are playing it

Pros on CNBC discussed Cleveland-Cliffs after U.S. Steel rejected its $7.3 billion buyout offer.

Published 14 August 2023
Categorised as Finance News

How to help the victims of the Maui wildfires

Thousands of Hawaii residents have been displaced by the worst U.S. wildfire in over 100 years. Here are some resources for those who want to help.

Published 14 August 2023
Categorised as Finance News

Lloyd Blankfein says he ‘can’t imagine’ returning to Goldman Sachs

Blankfein, a former CEO of Goldman Sachs, pushed back on a report saying he had offered to return to the firm to help current CEO David Solomon.

Published 14 August 2023
Categorised as Finance News

UBS to pay $1.4 billion over fraud in residential mortgage-backed securities

The Swiss bank’s settlement is the final case prosecutors brought over misconduct that led up to the global financial crisis.

Published 14 August 2023
Categorised as Finance News

Don’t be ‘complacent’ about volatility, warns advisor, even if there’s a soft landing for the economy

Even if there’s a soft landing for the economy, investors should still prepare for more stock market volatility, one advisor says.

Published 14 August 2023
Categorised as Finance News

Stocks making the biggest moves midday: AMC, U.S. Steel, PayPal, Tesla and more

These are the stocks posting the largest moves in midday trading.

Published 14 August 2023
Categorised as Finance News

Stocks making the biggest moves before the bell: U.S. Steel, Tesla, Urban Outfitters and more

These are the stocks posting the largest moves in premarket trading.

Published 14 August 2023
Categorised as Finance News

Russian ruble slumps to near 17-month low, moves past 100 against the dollar

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Published 14 August 2023
Categorised as Finance News

China’s economic challenges gather steam as new loans plunge, property fears loom

Credit data for July released Friday showed a slump in demand from businesses and households to borrow money for the future.

Published 14 August 2023
Categorised as Finance News

Chances are you haven’t used A.I. to plan a vacation. That’s about to change

Some 40% of travelers aren’t interested in using artificial intelligence to plan their trips. But it’s coming anyway.

Published 13 August 2023
Categorised as Finance News

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