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Texas has ‘stronger brand than New York’ as Wall Street looks south, Gov. Greg Abbott says
The Texas governor spoke to CNBC after Nasdaq announced it was opening a regional headquarters in Dallas.Read More...
Tesla’s China rival Zeekr to roll out advanced driver assistance-system for free
Chinese electric car company Zeekr is releasing advanced driver-assistance capabilities to its local customers for free as competition heats up.Read More...
Slower economic growth is likely ahead with risk of a recession rising, according to the CNBC Fed Survey
The 32 survey respondents, who include fund managers, strategists and analysts, raised the probability of recession to 36% from 23% in January.Read More...
Wholesale egg prices have ‘plunged,’ analyst says — shoppers may soon see some relief
Prices in the wholesale egg market have fallen more than 40% since late February. It may take a few weeks for retail prices to catch up.Read More...
Buffett’s Berkshire hikes stakes in five Japanese trading houses to almost 10% each
Berkshire Hathaway raised its holdings in five Japanese trading houses — Itochu, Marubeni, Mitsubishi, Mitsui and Sumitomo.Read More...
Klarna, nearing IPO, plucks lucrative Walmart fintech partnership from rival Affirm
The deal with Walmart heightens the rivalry between Affirm and Klarna, two of the world's biggest BNPL players, just as Klarna is set to go public.Read More...
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