The cost of doing business in the US is getting increasingly pricier: Wholesale-level inflation accelerated last month to its highest rate in nearly four years, Bureau of Labor Statistics data showed Friday.

#wholesale #inflation #bureau

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Trump’s tariffs face a new threat: Republicans | CNN Business

Business & Economy

6h ago

Trump’s tariffs face a new threat: Republicans | CNN Business

In the two years since President Donald Trump unveiled a slew of aggressive tariffs on America’s global trading partners, the prospect of stock market backlash has been the biggest restraint on his agenda. The midterms may have just changed that.

#trump #republicans #tariff

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The rise and fall of Jensen Huang | CNN Business

Business & Economy

1d ago

The rise and fall of Jensen Huang | CNN Business

One scandal after another. Jensen Huang has resigned amid allegations of an affair with a suspected Chinese spy and possible relationships with others who worked for him. CNN’s Will Ripley breaks down the downfall of the once-celebrated AI tech boss.

#jensen-huang #ripley

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Nvidia stock down in relation to Jensen Huang scandal: Live updates | CNN Business

Business & Economy

1d ago

Nvidia stock down in relation to Jensen Huang scandal: Live updates | CNN Business

Nvidia shares dropped sharply in after-hours trading on Wednesday after reports that CEO Jensen Huang had an extramarital relationship with a company executive and that the board is meeting to discuss his future. Follow for live updates.

#nvidia #jensen-huang

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Nvidia stock drops as board reportedly weighs Jensen Huang’s future | CNN Business

Business & Economy

1d ago

Nvidia stock drops as board reportedly weighs Jensen Huang’s future | CNN Business

#nvidia #jensen-huang

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Bond yields surge most in 19 months as traders brace for Fed rate hikes | CNN Business

Business & Economy

2d ago

Bond yields surge most in 19 months as traders brace for Fed rate hikes | CNN Business

US Treasuries slumped, pushing yields sharply higher, after hotter-than-expected inflation data and comments from a key Federal Reserve official fueled bets that the central bank would need to deliver more aggressive interest rate hikes to cool inflation.

#rastra-bank #interest-rates #fed

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How Paraguay’s banking crisis toppled a staunch Trump ally in Latin America | CNN

Business & Economy

2d ago

How Paraguay’s banking crisis toppled a staunch Trump ally in Latin America | CNN

Paraguay’s ousted President Santiago Peña is facing up to 15 years in prison after the collapse of a major bank triggered the country’s biggest political crisis in years.

#trump #latin-america #santiago

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Bank collapse scandal in Paraguay leaves millions of customers unable to access their money | CNN

Business & Economy

2d ago

Bank collapse scandal in Paraguay leaves millions of customers unable to access their money | CNN

Paraguayans are voicing their frustrations after the collapse of a major bank which led to the impeachment and a criminal investigation of President Santiago Peña.

#paraguay #impeachment #santiago

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US inflation rose more than expected last month | CNN Business

Business & Economy

3d ago

US inflation rose more than expected last month | CNN Business

The cost of everyday necessities continued to climb in October, putting more pressure on Americans already struggling to keep up with grocery bills, housing costs and other household expenses.

#inflation #usa

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Jensen Huang and relationship with wife | CNN Business

Business & Economy

3d ago

Jensen Huang and relationship with wife | CNN Business

CNN’s Will Ripley looks at how Nvidia CEO Jensen Huang began his relationship with his wife, Lori. Huang has admitted to an extramarital affair as his company announced it will investigate reports he was the “target of a foreign intelligence effort.”

#jensen-huang #ripley #nvidia

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China set for record trade surplus as AI boom pushes it past $1 trillion in just 10 months | CNN Business

Business & Economy

3d ago

China set for record trade surplus as AI boom pushes it past $1 trillion in just 10 months | CNN Business

China’s trade surplus surged past $1 trillion in the first 10 months as a global race to build AI infrastructure buoyed sales of high-tech products and helped offset weak domestic demand, a dynamic likely to sharpen tensions with major trading partners.

#china

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He built one of the world’s most valuable companies. Could he be forced to give it up? | CNN Business

Business & Economy

4d ago

He built one of the world’s most valuable companies. Could he be forced to give it up? | CNN Business

Nvidia CEO Jensen Huang says he wants to die at his desk. He frequently talks about how integral he is to the foundation of the world’s second-biggest company and the world’s most important AI chipmaker.

#nvidia #huang

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