WASHINGTON — Former President Donald Trump failed to impress everyone in a room full of top CEOs Thursday at the Business Roundtable’s quarterly meeting, multiple attendees told CNBC.”Trump doesn’t know what he’s talking about,” said one CEO who was in the room, according to a person who heard the executive speaking. The CEO…

By Seema Shah, Chief Global Strategist The Federal Open Market Committee (FOMC) kept the benchmark policy rate at 5.25%-5.50% at its June meeting for the seventh consecutive meeting. More significantly, the latest dot plot revealed that the FOMC’s median projection has removed two cuts from their 2024 rate projections. From…

A startup that uses technology to stop employees from abusing corporate expenses just raised 8 million euros ($8.6 million) of funding from investors, defying a slump in investment for the financial technology industry.CleverCards, a Dublin-based firm, uses a digital platform linked to configurable expense cards to give companies control over…

The Bank of Japan kept its benchmark interest rate unchanged on Friday, but indicated it’s considering the reduction of its purchase of Japanese government bonds.The central bank left short-term rates unchanged at between 0% to 0.1% at the end of its two-day policy meeting, as widely expected.But notably, the bank…

Innovative Industrial Properties (NYSE:IIPR) has been a big winner and I can understand the temptation to sell. The company has executed strongly over the last several years, working through issues with troubled tenants and along the way dispelling fears about the true value of its real estate portfolio. The company…

Databricks, the data analytics software vendor that’s among the most richly valued private U.S. tech companies, told investors on Wednesday that annualized revenue will reach $2.4 billion by the midpoint of this year. Annualized sales through July, or the first six months of fiscal 2025, will increase 60% from a…

Shares of Chinese electric vehicle makers mostly surged on Thursday morning after the European Union announced higher tariffs of up to 38% on Chinese EVs a day earlier.Hong Kong’s Hang Seng index surged 1.23% at the open, mostly powered by gains in EV stocks.EV company BYD, who was the top gainer on…

Dear readers/followers, In this article, I’ll provide you with an update on Persimmon PLC (OTCPK:PSMMF) (OTCPK:PSMMY). The company is a UK homebuilder. I haven’t been going into the UK market as much as I’d like, and this is something that I’ve been changing for the past year or so. Persimmon…

The Nathan’s Famous Fourth of July hot dog eating contest will be down one dog this year.Major League Eating announced Tuesday that it’s parting ways with 16-time champion Joey “Jaws” Chestnut ahead of this year’s competition, hosted by Nathan’s Famous.Chestnut was previously offered a $1.2 million, four-year contract with MLE…

Check out the companies making headlines in after-hours trading. Oracle — The tech company’s shares jumped nearly 9% after it announced cloud deals with Google and OpenAI, despite posting a miss on fiscal fourth-quarter results. Oracle posted adjusted earnings of $1.63 per share on revenue of $14.29 billion, while analysts…