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Nvidia stock up 12% on earnings, A.I. potential

Nvidia shares opened up more than 12% Thursday morning, a day after the chipmaker reported a beat on the top and bottom line. Analysts are also bullish on the company’s AI vision. Nvidia reported $6.05 billion in revenue for the fiscal fourth quarter and adjusted EPS of 88 cents, edging …

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Indonesia says economy is more resilient to absorb inflation shocks

Indonesia is taking steps to make its economy more resilient so it can withstand global shocks like inflation, especially from the United States, said Finance Minister Sri Mulyani Indrawati. As the world’s largest economy, what the U.S. does has strong implications worldwide, including Indonesia, said the minister. To fight inflation, …

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Biden proposes first offshore wind lease sale in Gulf of Mexico

The Orsted Block Island Wind Farm in this aerial photograph taken above the water off Block Island, Rhode Island. Eric Thayer | Bloomberg | Getty Images The Biden administration on Wednesday proposed the first-ever offshore wind lease sale in the Gulf of Mexico as part of a larger plan to …

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Signs of food and wage inflation easing, but housing stays hot

CNBC’s Jim Cramer on Wednesday explained why inflation has been so persistent for food, housing and wages, but said there are signs of progress. Food High food prices reflect the supply squeeze driven by cutting off Russia after it invaded Ukraine, along with obstacles like tough weather and bad harvests. …

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How to invest in artificial intelligence ETFs

Now that ChatGPT has passed exams from law and business schools, coded well enough to be hired at Google and even penned a story for CNBC Make It, you may be convinced that it’s only a matter of time before artificial intelligence takes over the world. While that thought may …

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California officials raise State Water Project allocation after storms

A caution sign is posted at the Castaic Lake reservoir in Los Angeles County on October 4, 2022 in Castaic, California. The reservoir, part of the State Water Project, is currently at 35 percent capacity, below the historic average of 43 percent. Mario Tama | Getty Images As California prepared …

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Solar geoengineering startup Make Sunsets lets off balloons in Nevada

Luke Iseman, the founder of Make Sunsets, is about to launch a weather balloon filled with sulfur dioxide and helium into the air in Nevada. Photo courtesy Make Sunsets The solar geoengineering startup that had to cease operations in Mexico after the government cracked down on the idea of putting …

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Falling behind on student loans can lead to other financial problems

Pixelfit | E+ | Getty Images Falling behind on federal student loans is likely to trigger other major financial consequences for borrowers, according to new research by The Pew Charitable Trusts. More than 80% of borrowers who experienced default stated that they’d faced at least one additional consequence as a …

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How to access IRS transcripts for an accurate tax return

Marko Geber | DigitalVision | Getty Images Whether you’re filing a simple or complicated tax return, it’s critical to make sure it’s thorough — and you may have free online tools at your fingertips, in the form of IRS transcripts, to make the process easier. “Oftentimes, filing a complete and …

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More colleges to close even as top schools experience application boom

Citing inflationary pressures and sinking enrollment, more colleges are set to close in 2023. Already, Presentation College in Aberdeen, South Dakota; Cazenovia College in Cazenovia, New York; Holy Names University in Oakland, California; and Living Arts College in Raleigh, North Carolina announced they will shut down after the current academic year. The consequences …

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