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It’s breakfast time in Flaxville, Montana. The thermometer says it’s four degrees, but the Weather Channel says it feels like minus 3. Paul Kanning is trudging through the snow to grain bins on his nearly 3,000 acre farm. One is stuffed with dry yellow peas. “I don’t know where they’re going yet this year,” he

Meat prices are rising following a pork shortage caused by the outbreak of African Swine Fever, which could create a spike in demand for plant-based products like Beyond Meat, Bernstein said Tuesday. African Swine Fever continues to spread in China, which is a significant piece of the worldwide the pork trade. Bernstein said the country

An ATM is shown at company headquarters for the PNC Financial Services at One PNC Plaza in Pittsburgh, Pennsylvania. Getty Images PNC and Venmo are bickering over customers’ access to third parties, highlighting the sometimes murky area of connecting finance apps to bank accounts. Over the past month, PNC customers have taken to Twitter to

A bag of Tyson Foods Inc. frozen chicken is arranged for a photograph in Tiskilwa, Illinois, U.S., on Thursday, May 5, 2016. Tyson is scheduled to release earnings figured on May 9. Bloomberg | Bloomberg | Getty Images Shares of Tyson Foods rose more than 2% on Monday after Reuters reported the meat processor received

An employee fits a battery pack under a Tesla Model S automobile on the final assembly at the Tesla Motors Inc. factory Jasper Juinen | Bloomberg | Getty Images Credit Suisse thinks Tesla‘s focus on its electric vehicle batteries, both in development and production, is a key advantage for Elon Musk’s company over other automakers.

Traders and financial professionals work on the floor of the New York Stock Exchange. Drew Angerer | Getty Images News | Getty Images When it comes to money-managing, three is better than one. “Teams do better than single-managed funds,” Michael Mauboussin, director of research at BlueMountain Capital Management, said at the Project Punch Card Conference

U.S. President Donald Trump and China’s President Xi Jinping shake hands before their bilateral meeting during the G-20 leaders summit in Osaka, Japan on June 29, 2019. Kevin Lamarque | Reuters CNBC’s Jim Cramer has taken note of President Donald Trump’s newfound optimism but remains skeptical of the odds that leaders of the U.S. and

Chinese President Xi Jinping and President Donald Trump at the G-20 Summit in Osaka on June 29, 2019. Brendan Smialowsi | AFP | Getty Images Amid a slew of headlines and tweets, a long-awaited phase one trade deal between the U.S. and China has finally been agreed upon. However, Goldman Sachs is not so happy

Netflix CEO Reed Hastings gives a keynote address, January 6, 2016 at the CES 2016 Consumer Electronics Show in Las Vegas, Nevada. Robyn Beck | AFP | Getty Images A lot can happen in a decade. Since 2010, the S&P 500 has returned nearly 185%, an impressive gain for the bellwether stock index. While the

Katie Schoolov Amazon is already delivering about half of its own packages in the U.S., according to a Morgan Stanley estimate on Thursday, and will soon pass both United Parcel Service and FedEx in total volume. “Our AlphaWise analysis shows that Amazon Logistics already delivers ~50% of Amazon US volumes, focused on urban areas,” Morgan

René Lacerte, CEO and founder of Bill.com Source: Bill.com Shares of fintech company Bill.com soared a whopping 60% on its first day of trading on the New York Stock Exchange on Thursday. Bill.com, which sells software services to small- and medium-sized business to help with payment processes, was priced at $22 per share before its

Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters It may have been quite the decade for the U.S. exchange-traded fund market, but the next one could see its assets surge tenfold to $50 trillion, Bank of America predicted. “The current growth rate points to ETF assets approaching $50tn

A General Electric (GE) sign is seen at the second China International Import Expo (CIIE) in Shanghai, China November 6, 2019. Aly Song | Reuters General Electric shares rose after a new analyst at UBS assumed coverage on the troubled conglomerate with a buy rating. “We believe the stock is at a positive inflection point

Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference following a Federal Open Market Committee meeting in Washington, D.C., on Wednesday, June 19, 2019. Andrew Harrer | Bloomberg | Getty Images This is a breaking news story. Please check back for updates. Federal Reserve Chairman Jerome Powell said on Wednesday that

Taylor Swift attends the 2018 American Music Awards at Microsoft Theater on October 9, 2018 in Los Angeles, California. Axelle/Bauer-Griffin | FilmMagic | Getty Images Carlyle Group co-CEO Kewsong Lee is optimistic about the private equity firm’s investment in superstar Taylor Swift. “I’ve got every confidence in the world that it’s going to turn out

Veteran trader Art Cashin told CNBC on Tuesday that investors are wary of positive U.S.-China trade reports after having been let down in the past. “This market has had its heart broken time and time again,” said Cashin, director of UBS floor operations at the New York Stock Exchange. Stocks have reacted wildly to reports

Howard Marks, Co-Chairman, Oaktree Capital  David A. Grogan | CNBC Investors should take some risk off the table in 2020 given some of the challenges the market faces, billionaire investor Howard Marks said on Tuesday. “The economic expansion and the bull market are old,” Marks told CNBC’s Wilfred Frost. “Valuations are above average. There’s a

Exxon did not mislead shareholders over the true cost of climate change, New York Supreme Court Justice Barry Ostrager ruled on Tuesday. The $1.6 billion suit brought by New York Attorney General Letitia James, alleged that Exxon deceived investors about the true cost of climate change. The trial, which began in October and was the

Shares of Agilent Technologies gained more than 3% in after-hours trading on Monday after hedge fund investor Bill Ackman revealed he has taken a stake in the lab testing equipment maker. A regulatory filing showed Ackman’s hedge fund, Pershing Square Capital, owns more than 2.9 million Agilent shares, bringing his stake to around $246 million. 

James Gorman being interviewed in Davos, Switzerland, January 21, 2016. David A. Grogan | CNBC Morgan Stanley is cutting roughly 2% of its workforce due to an uncertain global economic outlook, according to people with knowledge of the situation.  The job cuts at the investment bank, the world’s biggest equities trading firm and a leading