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Astronomer’s new interim CEO breaks his silence after the tech company’s viral scandal shook the internet
“The spotlight has been unusual and surreal for our team and, while I would never have wished for it to happen like this, Astronomer is now a household name,” said cofounder Pete DeJoy.
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Stocks hit fresh all-time highs as strong earnings continue to power market rally
After the first week of this earnings season, 73% of companies beat per-share profit estimates, above the first-week average of 68%, according to BofA.
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UK launches review into state pension age
Move announced as government also appoints commission to look at boosting retirement savings
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EU will make UK pay to join €150bn defence fund
Boost to British businesses from contracts won through Safe project will require London to make financial contribution, diplomats say
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Nvidia CEO works from ‘the moment he wakes up,’ 7 days a week—he can’t even sit through a movie without thinking about his $4.2 trillion tech giant
Nvidia’s boss Jensen Huang says his brain is permanently on the clock: ‘When I’m not working, I’m thinking about working.’
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A weak housing market could deliver rate cuts and rescue the Fed from Trump
Toward the end of the year, the housing market may become a bigger deal for inflation than tariffs – Comerica Bank chief economist Bill Adams said.
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Scott Bessent turns up the heat on the Fed, demands probe as Powell’s future hangs in balance
“What we need to do is examine the entire Federal Reserve institution and whether they have been successful,” Bessent told CNBC’s Squawk Box.
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Law firms and banks turn to the courts to get M&A fees paid
Stablecoin company Circle is among the companies where deal fee agreements have become a point of dispute
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‘Fiscal populism’ is coming for central banks
When monetary policy is set to meet government budgetary needs, these institutions become piggy banks