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The enthusiasm from the 71-year-old Starbucks chairman emeritus is a key stamp of approval for Niccol as he tries to lift the company’s slumping sales and restore the chain’s culture.

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“For the first time, we architected every part of the rack as a unified system,” AMD CEO Lisa Su said at a launch event in San Jose, California, on Thursday.

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Police put Sen. Alex Padilla in handcuffs after forcibly removing him from a press conference being held by Homeland Security Secretary Kristi Noem in Los Angeles on Thursday.

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Markets don’t wait and neither should you. Stream CNBC+ today: cnb.cx/4lR4RS8

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The inspector general’s office told Sen. Elizabeth Warren, D-Mass., and Sen. Andy Kim, D-N.J., that it was taking up their request to investigate the moves of the consumer agency’s new leadership, according to a June 6 letter seen by CNBC.

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Even retail executives are bullish on the “TACO trade.”

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The months ahead are still expected to show price increases driven by President Trump’s desire to ensure the U.S. gets a fair shake with its global trading partners. So far, though, the duties have not driven prices higher, save for a few areas that are particularly sensitive to higher import costs.

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President Donald Trump called Fed Chair Jerome Powell a “numbskull” as he demanded an interest rate cut. “We can’t get this guy to do it,” he said. Trump said he “may have to force something” if inflation is trending down and Powell does not lower interest rates. Read more: cnb.cx/45nypRS

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The new round of funding means the Pittsburgh-based company has reached unicorn status, roughly twelve years after it was founded by Jake Loosararian.

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President Donald Trump ripped Federal Reserve Chair Jerome Powell as a "numbskull" as he turned up the heat on the central bank chief to lower interest rates.

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Investment firms of the ultra-wealthy spend as much as 72% of their budgets on C-level staff, according to a new report. And yet, even family offices with massive portfolios face headcount problems, per a survey by wealth manager AlTi Tiedemann Global and research firm Campden Wealth.

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Both the Trump administration and Iran have expressed their desire to strike a nuclear deal. It now looks increasingly unlikely after the Pentagon ordered the withdrawal of troops and non-essential staff from embassies in Baghdad, Kuwait and Bahrain.

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The lawsuit is against Joy Timeline HK Limited, which used Meta ads to promote an app that uses AI to take a photo of someone and create nude imagery of them.

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The U.K. economy shrank sharply in April as global trade tariffs and domestic tax rises kicked in, data showed Thursday.

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An Air India Boeing Dreamliner plane with 242 passengers and crew aboard crashed shortly after takeoff from Ahmedabad in western India, local officials and the carrier said Thursday.

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🛢️ UAE oil giant ADNOC has joined the fray of firms said to be circling some of BP’s highly prized assets, as takeover speculation for the embattled energy major kicks into overdrive. ✍️ Here's the full story: www.cnbc.com/2025/06/12/b...

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While the unemployment rate in the U.S. is still fairly low, data shows it’s not uncommon to see individuals job hunting for extended periods of time.

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GM said the investment will add assembly of the gas-powered Chevrolet Blazer and Chevrolet Equinox that are currently produced in Mexico to two other plants in the U.S. and convert a large idled plant in Michigan to make gas-powered SUVs and trucks in 2027.

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Instead of flipping through manuals or accessing Starbucks’ intranet, baristas will be able to use a tablet behind the counter equipped with the Green Dot Assist platform to get answers to a range of questions.

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The skills that employers look for are changing 66% faster in occupations most exposed to AI, such as financial analyst, compared to those least exposed, according to the 2025 AI Jobs Barometer report by professional services firm PwC.

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When it comes to company culture, Bill Phelps, the CEO of Dave’s Hot Chicken and former CEO of Wetzel’s Pretzels, doesn’t compromise.

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Ninety-year-old Katharine Esty writes, "Like most of people my age, I believe dwelling on regrets is a waste of time."

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Chime’s decision to go public comes after a steep valuation cut and years of private market delays across the fintech sector.

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It’s harder than ever to buy a home, and even those who manage to do it often have regrets about their purchase.

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Health and Human Services Secretary Robert F. Kennedy Jr. named eight new members to a crucial government panel of vaccine advisors after firing the entire group just days earlier.

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The U.S. government drifted further into red ink during May, with a burgeoning debt and deficit issue getting worse, the Treasury Department reported Wednesday.

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Here's how this tax-advantaged savings plan can fund your retirement dreams.

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There is “fresh buzz” around the idea that Trump could announce his choice to succeed Powell soon, “as a shadow Fed chair in the interim,” until the central bank chief’s term ends, Evercore's Krishna Guha said in a note Wednesday.

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The lawsuit claims that the company used and distributed AI-generated characters from the movie studios like Star Wars, The Simpsons and other films and alleges that Midjourney disregarded requests to stop.

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The 12-member board, in a statement, said the State Department, which runs the scholarship program, had denied Fulbright awards “to a substantial number of individuals who were selected for the 2025-2026 academic year.”

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While inflation was relatively tame, economists said they expect President Trump’s tariff policy to raise consumer prices in coming months — and that there was already some evidence of their impact.

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Nvidia CEO Jensen Huang is growing more bullish about quantum computing — and he expects they’ll start solving real-world problems in the coming years.

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Commerce Secretary Howard Lutnick said Wednesday that U.S. tariff levels on Chinese imports will not change from their current levels, even as a trade deal between Washington and Beijing has yet to be finalized.

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The impacts of the pandemic-era government spending and monetary policy that helped support the U.S. economy have faded, and that makes the country vulnerable to a downturn in the coming months, according to JPMorgan Chase CEO Jamie Dimon.

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Americans earning a "regular salary" may have trouble living comfortably in all 50 states, according to a new SmartAsset study. Here are some of the most affordable and least affordable states on a regular salary. Read the full list at: cnb.cx/43GPvZH

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Zuckerberg will be counting on Scale AI CEO Alexandr Wang to better execute Meta’s AI ambitions following the lukewarm launch of the company’s latest Llama AI models.

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The consumer price index was expected to rise 0.2% in May, with a 12-month inflation rate of 2.4%.

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Elon Musk on Wednesday said he regretted some of the social media posts he made last week during an explosive public dispute with U.S. President Donald Trump.

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U.S. President Donald Trump said full magnets and "any necessary rare earths" will be supplied up front by China as part of a trade agreement.

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The U.S. and China have reached consensus on trade, representatives from both sides said after high-level talks in London.

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Millennials and Gen Z workers are re-writing the rules of the office, including around strict hours, dress codes and vacation policies.

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The maker of Snapchat said that its next-generation glasses will use augmented reality technology to let people see and interact with digital imagery that’s overlaid over the physical world.

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Over more than a decade of interviewing successful people, Tim Ferriss has noticed two specific traits that he says most of them have in common.

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The U.S. job market isn’t looking too hot for recent college graduates and other job seekers, according to economists and labor experts.

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As a real estate agent with over a decade of experience working with first-time homebuyers, Dana Bull writes, she's seen one major mistake again and again.

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Like countless others, Bill Phelps wanted to get rich when he was younger. Now, the 69-year-old CEO of Dave’s Hot Chicken and former CEO and co-founder of Wetzel’s Pretzels says he gets fulfillment out of helping others find financial success.

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Kate Sullivan’s online jewelry company, The Sage Vintage, brings in six figures a year, topping $570,000 in total sales in 2024. https://cnb.cx/45dYRgD

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Couples often feel like they have the same arguments over and over again. As a therapist, Phil Stark writes, he's heard many couples describe how a seemingly minor disagreement can spiral into an intense fight that goes unresolved.

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Grow, as the learning service is called, was previously filled with a wide array of courses, ranging from teaching Google employees how to build products, help with their personal finance or even how to solve a Rubik’s cube. Those offerings have all been replaced primarily by AI-related courses.

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New: Google today is offering buyouts to employees across several of its divisions, including those within search, ads, central engineering units as well as marketing, research and communications teams. www.cnbc.com/2025/06/10/g...

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