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Turbine troubles have sent wind energy stocks tumbling — and a slew of issues remain

A Siemens Gamesa blade factory on the banks of the River Humber in Hull, England on October 11, 2021. PAUL ELLIS | AFP | Getty Images As the biggest players in wind energy gear up to report quarterly earnings, supply-chain reliability issues are front and center for both stock analysts …

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Big banks cut thousands of jobs, more layoffs coming

Pedestrians walk along Wall Street near the New York Stock Exchange in New York. Michael Nagle | Bloomberg | Getty Images The largest American banks have been quietly laying off workers all year — and some of the deepest cuts are yet to come. Even as the economy has surprised …

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How to apply for ETIAS travel authorization to visit Europe

Vernazza, a village in Cinque Terre, Italy. Mstudioimages | E+ | Getty Images Americans will soon have to apply for a travel authorization to visit Europe — and failing to get one may ruin your next trip. The requirement, slated to start in 2024, currently applies to 30 European nations, …

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‘Phantom hacker’ scams that target seniors are on the rise, FBI says

South_agency | E+ | Getty Images There has been a nationwide increase in “phantom hacker” scams, a type of fraud “significantly impacting senior citizens,” who often lose their entire bank, savings, retirement or investment accounts to such crime, according to the FBI. “Phantom hacker” scams are an evolution of tech …

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Risk-taker’s market? Protecting against market ugliness

It may be a risk-taker’s market. Investor and personal finance author Ric Edelman believes it’s a practical strategy to take chips off the table right now. “It comes down to behavioral finance. It comes down to human emotion,” the Edelman Financial Engines founder told CNBC’s “ETF Edge” this week. “Do …

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Here’s the inflation breakdown for September 2023 — in one chart

Mario Tama | Getty Images Inflation was unchanged in September, but price pressures seem poised to continue their broad and gradual easing in coming months, according to economists. In September, the consumer price index increased 3.7% from 12 months earlier, the same rate as in August, the U.S. Bureau of …

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Fed minutes October 2023:

Jerome Powell, chairman of the US Federal Reserve, arrives to a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, March 22, 2023.  Al Drago | Bloomberg | Getty Images Federal Reserve officials at their September meeting differed on whether any additional interest …

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Zions, Comerica at risk of being booted from S&P 500

A customer enters Comerica Inc. Bank headquarters in Dallas, Texas. Cooper Neill | Bloomberg | Getty Images The stock selloff that hit regional banks this year has exposed lenders including Zions and Comerica to the risk of being delisted from the Standard & Poor’s 500 index. The banks, each with …

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Pioneer Natural Resources’ Scott Sheffield says oil prices could surge if Iran enters the war

Scott Sheffield, CEO of Pioneer Natural Resources. Adam Jeffery | CNBC Pioneer Natural Resources CEO Scott Sheffield said oil prices could move a lot higher if Iran gets involved in Hamas’ war on Israel. “If Iran enters the war, we’re going to see much higher oil prices, obviously,” Sheffield said on CNBC’s “Squawk …

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Interest rates, fees under fire as credit card debt tops $1 trillion

Luis Alvarez | Digitalvision | Getty Images Some lawmakers and regulators are calling for interest rate caps and lower fees on credit cards as debt levels march higher. Total credit card debt topped $1 trillion in the second quarter of 2023 for the first time ever. The average interest rate …

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