Moody’s counted payment-in-kind amendments and maturity extensions, raising its implied default rate to 5.8% from 4%. source
Tag: finance stock
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There’s no way this bond market can fund the markets’ needs without higher yields: Mohamed El-Erian
Mohamed El-Erian, The Wharton School Rene Kern professor and Allianz chief economic advisor, joins ‘Squawk Box’ to discuss … source
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Citroën unveils $17,000 2CV at Paris Motor Show
Citroën unveiled an all-electric version of its iconic 2CV at the Paris Motor Show on Monday, as European automakers battle to … source
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OpenAI CFO Sarah Friar tells CNBC she isn’t worried about slowing AI development
OpenAI CFO Sarah Friar said she’s not worried about slowing the pace of frontier AI development as the debate rages over its … source
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Microsoft’s Nadella says AI needs an ’emergency brake’ and humans control
Microsoft CEO Satya Nadella said advanced AI systems should include containment, independent controls and an “emergency … source
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Compass CEO: MLS listings add ‘negative insights’ to homes
Compass CEO Robert Reffkin tells CNBC’s “The Exchange” how private real estate listings differ from traditional MLS listings. source
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House advances bill to rein in AI data center utility costs
The House of Representatives voted overwhelmingly in favor of the Ratepayer Protection Act, a bipartisan bill aimed at preventing … source
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Sam Altman on what he thinks of Meta’s Muse AI agent
Sam Altman tells CNBC’s Kate Rooney that Meta’s Muse AI agent “seems like a nice product,” but said that he’s not threatened by … source
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Jim Cramer on why Apple is ‘an oddity’
CNBC’s Jim Cramer shares his thoughts on Apple and its new foldable iPhone Duo. Join the CNBC Investing Club to get more of … source
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Consumer prices rose 0.4% in August; core inflation was higher than estimated
Prices for a wide swath of goods and services continued to climb in August, according to a report Friday that could be the deciding … source