States move to open Trump Accounts for foster children
Twenty-five governors have pledged to open the tax-advantaged accounts for foster youth, according to HHS, as advocates weigh bene...
By Marcus V. Thorne 1 month agoMarkets Editor
Marcus V. Thorne
Marcus writes the market wraps and the flows analysis: equities, volatility, and the positioning behind the tape.
Latest from Marcus V. Thorne
Meta rally gathers pace as cloud plans ease AI spending concerns
Meta shares rose nearly 18% from June 30 as investors weighed a potential cloud business and new AI tools against heavy capital sp...
By Marcus V. Thorne 1 month ago
Trump removes remaining Election Assistance Commission members
The White House confirmed the dismissals less than four months before the midterm elections, citing a recent Supreme Court ruling...
By Marcus V. Thorne 1 month ago
Senate Democrats seek crypto hearings tied to Trump disclosures
Five senior Senate Democrats asked GOP-led committees to examine whether Trump family crypto ventures present national security co...
By Marcus V. Thorne 1 month ago
Bank earnings put financials options pricing anomaly in focus
CNBC Options Action said financials’ relative strength has improved before bank results, while low implied correlation has reduced...
By Marcus V. Thorne 1 month ago
EQT buys Carlyle-backed Copia in $2.6 billion energy deal
Carlyle is selling solar and storage developer Copia to EQT in a $2.6 billion transaction tied to AI infrastructure demand.
By Marcus V. Thorne 1 month ago
Intel draws Cramer buying interest as chip shares weigh on Nasdaq
CNBC Investing Club said Intel was on its watch list after a weekly slide, while banks and Johnson & Johnson earnings are due next...
By Marcus V. Thorne 1 month ago
Hormuz route dispute strains U.S.-Iran truce as oil prices rise
Tanker attacks have exposed a gap in the U.S.-Iran accord over Hormuz shipping routes, lifting crude prices and reviving blockade...
By Marcus V. Thorne 1 month ago
Kraken plans AI agent trading tools as crypto exchanges broaden their remit
Kraken told CNBC it is preparing an app relaunch built around AI agents that can monitor markets, suggest portfolios and execute t...
By Marcus V. Thorne 1 month ago
Laid-off communications executive used $17 garden center job as bridge to new role
Leslie Friday said part-time retail work helped cover bills and restore routine after unemployment benefits and severance ran down...
By Marcus V. Thorne 1 month ago
SK Hynix Nasdaq listing tests valuation gap with global chip peers
The Korean memory maker’s ADR debut gives US investors direct access as analysts weigh whether it can reduce a persistent valuatio...
By Marcus V. Thorne 1 month ago
EU says Meta breached digital rules with Facebook and Instagram designs
The European Commission said Meta’s design choices on Facebook and Instagram may expose it to fines of as much as 6% of annual tur...
By Marcus V. Thorne 1 month ago