Initial claims for unemployment insurance were expected to total 240,000 for the week ending Aug. 3.

CNBC’s Robert Frank, Natasha Sarin, Yale Law School and Yale School of Management professor and former Treasury Department official, and William Trachman, Mountain States Legal Foundation general counsel and former Trump education department appointee, join ‘Squawk Box’ to discuss JD Vance’s plan to tax university endowments, how much revenue the tax would raise, and more.

Dolce and Gabbana’s luxury perfume for dogs — costing over $100 — has sparked concerns from some animal welfare organizations.

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

Years after a debt crisis in the region and a government rescue for Banca Monte dei Paschi, analysts are looking at Italy’s banking sector with fresh eyes.

By January 2025, banks and their tech suppliers will have to comply with a new EU law known as DORA. It could help prevent major IT disruptions in future.

Dimon, leader of the biggest U.S. bank by assets and one of the most respected voices on Wall Street, has warned of an economic “hurricane” since 2022.

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

The Omaha-based conglomerate held $234.6 billion in short-term investments in Treasury bills by the end of the second quarter.

Recession risks have risen but the U.S. is likely to skirt a downturn if the Federal Reserve soon cuts interest rates, economists said.