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There’s nothing about a 3.7% unemployment rate and another 199,000 jobs that even whispers “recession,” let alone screams it.
Christopher McGratty, KBW head of U.S. bank research, joins 'Closing Bell Overtime' to talk the bank sector and how to invest in the space in 2024.
A combination of geopolitical tensions and continued central bank buying should see gold demand remain resilient next year, according to the World Gold Council.
Recent News
Health care and government hiring led the way in November.
The latest University of Michigan consumer sentiment survey showed the one-year outlook for the inflation rate slid to 3.1%.
Romesh Wadhwani made a fortune in tech and now he is betting $1 billion of his money on three enterprise AI software technologies.
A team at Google has proposed using AI technology to create a “bird’s-eye” view of users’ lives using mobile phone data such as photographs and searches.
Trading
It comes as the company races to challenge OpenAI’s GPT technology.
The Chainsmokers see AI as reshaping the music industry, but not the powerful connection between fans and real artists, the DJ duo said at the CNBC Work Summit.
Hiroshi “Mickey” Mikitani told CNBC that he believes Rakuten’s mobile unit will be “one of the most profitable businesses.”
World News
Casgevy uses the Nobel Prize-winning technology CRISPR to treat sickle cell disease, a blood disorder that affects about 100,000 Americans.
The latest University of Michigan consumer sentiment survey showed the one-year outlook for the inflation rate slid to 3.1%.
A team at Google has proposed using AI technology to create a “bird’s-eye” view of users’ lives using mobile phone data such as photographs and searches.
Business
Automakers are reconsidering the viability of hybrid vehicles to appease consumer demand and avoid costly penalties related to federal fuel economy standards.
The potential restart of talks could open a window to resolve a stalemate in one of the most high-profile labor disputes in the U.S. in recent years.
Paramount shares surged Friday following reports that RedBird and Skydance were exploring a potential takeover.