The new funds come about six months after the blockbuster debut for bitcoin ETFs.
CNBC
Broadcast Media Production and Distribution
Englewood Cliffs, NJ 2,895,377 followers
About us
Welcome to CNBC's home on LinkedIn! Follow us for regular updates about financial news, top CNBC.com stories, behind-the-scenes moments and more. CNBC, Inc. provides business news in the United States and Canada. It provides real-time financial market coverage and business information. The company, through its Web site, cnbc.com, provides real-time market analysis; video programming daily; industry and topic-specific blogs; cnbc.com live stream, a long-form scheduled programming of events; charts; and investing tools. The company was founded in 1989 and is headquartered in Englewood Cliffs, New Jersey. CNBC, Inc. operates as a subsidiary of NBC Universal, Inc.
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http://www.cnbc.com
External link for CNBC
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- Broadcast Media Production and Distribution
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Updates
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The agency is seeking more information about how AI is used to change pricing rapidly based on data about customer behavior and characteristics.
FTC launches probe into 'surveillance pricing' that it says links cost to customer data
cnbc.com
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GM is again slowing its plans for all-electric vehicles by further delaying a second electric U.S. truck plant and the Buick brand's first EV.
GM slows its EV plans again even as sales grow
cnbc.com
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CNBC reposted this
Best Buy is trying to shake off a more than two year sales slump. It is adding more experiential store displays, putting dedicated teams in key parts of its stores and debuting a marketing campaign in time for back-to-school season. But one of the much-awaited factors that could boost its business is a replacement and upgrade cycle. As inflation cools and pandemic-era purchases become outdated, Best Buy hopes more customers will buy new laptops, smartphones and other devices. It's also trying to tap into excitement about AI. Are you replacing any consumer electronics that you bought during the pandemic? What typically convinces you to spring for a new device? And how much do you care about AI-enabled features?
Inside Best Buy's push to get back to sales growth, cash in on AI craze
cnbc.com
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When computer screens went blue worldwide on Friday, flights were grounded, hotel check-ins became impossible, and freight deliveries were brought to a stand-still. Businesses resorted to paper and pen. And initial suspicions landed on some sort of cyberterrorist attack. The reality, however, was much more mundane: a botched software update from the cybersecurity company CrowdStrike. “In this case, it was a content update,” said Nick Hyatt, director of threat intelligence at security firm Blackpoint Cyber. And because CrowdStrike has such a broad base of customers, it was the content update felt around the world. “One mistake has had catastrophic results. This is a great example of how closely tied to IT our modern society is — from coffee shops to hospitals to airports, a mistake like this has massive ramifications,” Hyatt said. Read more about the fallout, and what comes next: cnb.cx/4cY5AfO
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The DOT cited widespread flight disruptions and customer service failures in which Delta did not uphold commitments to its passengers, it said.
DOT investigating Delta over IT outage chaos
cnbc.com
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Falling interest rates mean cheaper debt for consumers. But you'll also earn less on your short-term investments, unless you lock in rates now.
Investing experts: Lock in a guaranteed 5% return before the Fed slashes interest rates
cnbc.com
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“Our profitability will rise if, as, and when the box office rises,” AMC CEO Adam Aron says about the company’s new debt restructuring deal with creditors that extends up to $2.45 billion of debt maturities from 2026 to 2029 and beyond. The agreement will also allow AMC to reduce debt by $464 million by converting exchangeable notes into equity. Learn more about the agreement: cnb.cx/3YbwPil
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Barbara Corcoran knows a thing or two about fun in the workplace. It's how she turns frenemies into teammates, she said in a recent TikTok video.
Barbara Corcoran shares her No. 1 strategy for stopping unhealthy competition at work: I put it ‘before anything’
cnbc.com
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Voters ages 50 and up are divided between Republican and Democratic parties.
Older voters face new decision in November with Kamala Harris poised to lead Democratic ticket
cnbc.com