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10

Top ad guru Martin Sorrell downplays chances of Trump's Truth Social capturing serious market share

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Advertising guru Martin Sorrell questioned the prospects of Donald Trump's Truth Social platform, describing major ad sales as currently "unfathomable."

Don't sweat the prospect of no Fed rate cuts, economist says — markets will still march higher

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Markets will continue to rally even if the Fed chooses not to cut interest rates this year, according to Steven Blitz, TS Lombard's chief U.S. economist.

09

UBS chief's surprise return to the Swiss banking giant bagged him a $15.9 million paycheck

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UBS CEO Sergio Ermotti earned 14.4 million Swiss francs ($15.9 million) in 2023 after his surprise return to the helm of the Swiss banking giant.

CNBC Daily Open: Focus turns to key inflation data

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Wall Street is set to get more insight on the underlying trends of inflation.

08

China's Xi tells U.S. CEOs that bilateral relations can have a 'brighter future'

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Chinese President Xi Jinping told U.S. executives that bilateral relations can improve, and pledged that Beijing would keep working to improve the business environment.

07

Standard Chartered says Japan 'very, very close' to yen intervention

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The yen's 34-year low has prompted market speculation over potential government intervention to support its currency.

05

Xi tells Dutch prime minister: No force can stop China’s tech advance

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Chinese President Xi Jinping and Dutch Prime Minister Mark Rutte met in Beijing for talks on subjects such as the critical semiconductor industry.

03

A new Japanese restaurant tops 'Asia's 50 Best Restaurants' list

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Tokyo's Sézanne topped this year's list, which included restaurants in 19 cities across the continent.

02

China-made vehicles will comprise a quarter of Europe's EV sales this year, study shows

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The share of made-in-China vehicles in the region is expected to rise to just over 25% in 2024, according to T&E research.

01

UnitedHealth Group has paid more than $3 billion to providers following cyberattack

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UnitedHealth Group has paid out more than $3.3 billion to providers impacted by Change Healthcare cyberattack

Trump targets New York hush money trial judge's daughter day after gag order

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The Truth Social posts by Donald Trump were written after New York Judge Juan Merchan imposed a gag order limiting what Trump can say about the case.

TikTok makes $2.1 million TV ad buy as Senate reviews bill that could ban app

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TikTok opened a new front in its lobbying campaign against a bill that could effectively ban the app in the United States.

Wednesday, Mar 27

00

Ahead of sentencing, SBF team argues for 5-6 years in jail because FTX customers will get money back

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Sam Bankman-Fried's defense team is trying to convince the judge for a lighter sentence because FTX customers will likely be made whole.

China's economy is on track for 'strong' March performance, survey says

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China's economy is ending the first quarter on a "strong" note, according to a business survey published by the China Beige Book on Thursday.

22

Penthouse to prison: Sam Bankman-Fried's journey from crypto king to convicted conman

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FTX founder Sam Bankman-Fried will be sentenced in a New York court on Thursday, more than four months after a jury found him guilty of seven criminal charges.

Remote workers who switch to in-office jobs are boosting their pay by as much as 30%, says new research

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Wage increases for in-person jobs coincide with more companies cracking down on enforcing their return-to-office mandates.

Baltimore port bridge collapse: Global ocean carriers put U.S. companies on hook for urgent cargo pickup

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Ocean container vessel giants including CMA CGM and COSCO are declaring force majeure due to Baltimore port bridge accident, leaving shippers on hook for cargo.

Yellen warns China's surplus of solar panels, EVs could be dumped on global markets

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Janet Yellen said she will confront her Chinese counterparts about their solar, EV trade practices in an upcoming visit to China.

Parent of FTX victim who lost $130,000 asks judge to go easy on SBF, suggests six years in prison versus DOJ's 40-50

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Defense submitted additional character references to the court as Judge Lewis Kaplan nears a decision on Bankman-Fried's sentence.

21

Crypto is ‘like cayenne pepper’ for investors, money manager says: 'A little goes a long way'

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Investors who hold cryptocurrency like bitcoin only need to allocate a small share of their money to the digital assets to reap benefits, experts say.

Ron Insana's new firm aims to bring AI-powered trade ideas to individual investors

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The firm, called iFi AI, launches Wednesday and will use AI models to help generate projected returns for stocks over various time periods.

Altimmune says weight loss drug minimized muscle loss in trial results, which may set it apart

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The results are a sign that Altimmune can address an area of concern around weight loss drugs, which is that they shrink critical muscle mass.

Winning ticket for Mega Millions $1.128 billion jackpot sold in New Jersey — here’s how much the winner will owe in taxes

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A single ticket in New Jersey won the $1.128 billion Mega Millions jackpot. Here is how much the winner will owe in taxes.

Close to half of Americans back a ban or sale of TikTok, CNBC survey found

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In all, 47% of participants support a ban or sale of TikTok, according to the CNBC All-America Economic Survey.

Hyundai considering hybrid vehicle production at $7.6 billion Georgia EV plant

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The reassessment comes amid slower-than-excepted adoption of EVs, as well as the Biden administration revising emissions rules.

20

Oil prices slip on U.S. crude stockpile increase

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U.S. commercial crude stockpiles rose by 3.2 million barrels for the week ending March 22, according to the Energy Information Administration.

19

This retailer is set up for a comeback — we're getting in early by starting a position

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Management has given five long-term reasons why we're near the bottom of the decline in tech demand.

18

Novo Nordisk's $1,000 diabetes drug Ozempic can be made for less than $5 a month, study suggests

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Researchers found Novo Nordisk's Ozempic could be manufactured for an estimated 89 cents to $4.73 for a month's supply, figures that include a profit margin.

Amazon spends $2.75 billion on AI startup Anthropic in its largest venture investment yet

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Amazon is spending billions more to back an artificial intelligence startup as it looks for an edge in this new technology arms race.

The income a family of 4 needs to live comfortably in 20 major U.S. cities

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To live comfortably in the largest U.S. cities, a family of four needs to make around $300,000.