PGA Tour-LIV Golf merger is a major win for the Saudis — and Americans are slamming it
U.S. lawmakers, commentators and sports fans are calling the deal "hypocritical" and accusing the PGA Tour of taking "Saudi blood money" and "sportswashing."
Millionaires are hoarding cash, betting on higher rates, CNBC survey says
Wealthy investors are still cautious on the stock market, but not as bearish as they were at the start of the year.
Mortgage demand drops despite rates coming off recent highs
Mortgage rates fell back from their recent highs, but demand dropped for the fourth straight week.
A.I. worries Hollywood actors as they enter high-stakes union talks
Hollywood's acting guild is looking for guardrails for the use of artificial intelligence as contract talks with producers begin Wednesday.
Millionaires are hoarding cash, betting on higher rates, CNBC survey says
Wealthy investors are still cautious on the stock market, but not as bearish as they were at the start of the year.
Millionaires favor DeSantis in Republican presidential primary, but support for Trump grows
Republican millionaires are souring on Gov. Ron DeSantis and more often supporting Donald Trump, a sign of possible shifting winds among donors.
Need to Know: AI can further boost the S&P 500, says Goldman Sachs. Here’s how much.
Productivity gains can also lift those companies not directly involved with providing the AI systems plumbing.
Bond Report: Treasury yields drift lower as investors cool their heels ahead of data
U.S. Treasury yields were slightly lower on Wednesday, with investors seemingly unwilling to make big moves ahead of inflation data and a Federal Reserve policy...