CNBC said it parted ways with anchor Hadley Gamble after she filed a complaint against NBCUniversal’s former chief executive for alleged sexual harassment and discrimination. “Gamble has been a distinguished journalist for more than a decade for CNBC, undertaking highly visible and challenging assignments, and developing deep expertise in the Middle East and beyond. Her…
Head of German Central Bank Sees No Recession on Horizon for Europe
Deutsche Bundesbank President Joachim Nagel said he does not believe the European Union will experience a recession in 2023, arguing that the latter half of the year is showing promising signs of recovery. Speaking at the Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group on Thursday, the central banker highlighted…
CNBC Cancels Shepard Smith’s Nightly Newscast After 2 Years
NEW YORK—CNBC is canceling Shepard Smith’s nightly newscast after two years, with its new president saying he wanted to focus on the network’s core strength of business news. Smith, who is leaving the network, will have his last telecast sometime later this month. He did not have any immediate comment. Smith landed at CNBC after…
CNBC Provides Daily Shade for Bidenomics
Commentary Governing the world’s economic superpower is tough, but it is a lot easier when the media are on your side. The tale of CNBC and the Biden administration is a classic example of a television network providing cover for every economic-related pronouncement and action made by Joe Biden’s Council of Economic Advisers and others….
US May Be on ‘Cusp’ of Inflation Slowdown, Fed’s Bostic Tells CNBC
WASHINGTON—The U.S. economy may be nearing a turn lower in inflation, Atlanta Fed President Raphael Bostic said on Wednesday, though he added he is still leaning towards a slightly faster pace of interest rate increases this year. “I am very hopeful we are going to start to see that decline … There is some evidence…
Live Q&A: NY Law Could Allow the ‘Indefinite Detention’ of Unvaccinated; Virus Becoming “Endemic”
New York Bill A416 would give government powers to detain indefinitely anyone deemed a “significant threat to public health.” Meanwhile, Pfizer executives are now claiming that COVID-19 could become endemic by 2024. In other words, the virus is likely here to stay. So does this mean the social control policies are also here to stay?…
PepsiCo to Take Delivery of Tesla Electric Trucks in Fourth Quarter: CNBC
PepsiCo Inc. will get its first set of Tesla Inc. electric trucks in the fourth quarter, the packaged food maker’s top boss Ramon Laguarta said in an interview with CNBC on Monday. The maker of Mountain Dew soda and Doritos chips in December 2017 reserved 100 of Tesla’s electric semi trucks as it sought to…
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