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Focus on the Federal Reserve’s meeting

CNBC’s Jim Cramer on Friday guided investors through next week’s notable Wall Street action, telling them to pay attention to the Federal Reserve’s policy meeting that kicks off Wednesday. Cramer said Wall Street “dodged a bullet” today when the government released November’s nonfarm payroll report, which showed a lower unemployment …

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Google faces controversy over edited Gemini AI demo video

Google is facing scrutiny over its demonstration video for its newly launched artificial intelligence model, Gemini. On Wednesday, just weeks before the year’s end, Google launched what it considers its largest and most capable AI model Gemini and presented a demonstrative video to media outlets and the public. The six-minute …

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Why it’s a ‘fantastic time’ to add small- and mid-caps

Large-company U.S. stocks have been beating up on the little guys of late. The S&P 500, whose median company has a market capitalization (share price times shares outstanding) of more than $31 billion, has returned an annualized 13.6% over the past five years. That trounces the 9.7% return of the …

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Runway getting clearer, U.S. economy still not assured of soft landing

A UPS seasonal worker delivers packages on Cyber Monday in New York on Nov. 27, 2023. Stephanie Keith | Bloomberg | Getty Images November’s solid jobs report did not assure that the economy will come in for a soft landing, but it did help to clear the runway a little …

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Paramount PARA shares jump after reports of takeover interest

The Paramount logo is seen on a building in Los Angeles on Nov. 13, 2023. Nurphoto| Getty Images Paramount Global shares surged Friday following reports from Deadline and Puck News that Skydance and Redbird Capital were exploring potentially taking over the media giant. Paramount shares were up more than 12%. …

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Here’s how to pay off your student debt faster

Momo Productions | Digitalvision | Getty Images ‘Even an extra $5 a month can make a big difference’ Paying just a little more than you owe each month on your student debt can reduce the amount you’ll pay overall and shorten your repayment timeline, said Betsy Mayotte, president of The Institute …

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75-year-old tech mogul betting $1 billion of his fortune on AI future

Billionaire Silicon Valley technology leader Romesh Wadhwani, 75, is investing $1 billion of his personal fortune in predictive and generative AI technology. SAIGroup Billionaire Silicon Valley technology leader Romesh Wadhwani recently celebrated his 75th birthday with 100 friends, reminiscing about many career milestones and only wishing he were 20 years …

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Here’s where the jobs are for November 2023 in one chart

The U.S. job market once again surprised to the upside in November, as strong growth in health care and a few other sectors helped the economy add nearly 200,000 jobs and push the unemployment rate down. Health care and social assistance added more than 93,000 jobs for the month, making …

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Inflation expectations plunge in closely watched University of Michigan survey

Consumer fears over inflation tumbled in December amid declining energy prices and as the impact of interest rate hikes take hold. In the latest University of Michigan consumer sentiment survey released Friday, the one-year outlook for the inflation rate slid to 3.1%, down sharply from 4.5% in November and the …

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I’ve been a money expert for 20 years. Here’s the No. 1 thing that made me a millionaire

In 2016, I was 36 years into a successful career as a financial author, podcaster, TV host and speaker. But it seemed like many of my peers were striking gold after creating virtual courses on investing and entrepreneurship.  There were even popular courses on how to build courses. Some were …

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