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Olive Garden owner’s CEO says fast food is so expensive you might as well have a sit-down meal

Fast food is no longer cheap, and fast-casual chains are benefiting from it. Rick Cardenas, CEO of Darden Restaurants—which owns Olive Garden, Longhorn Steakhouse,...

Fundstrat’s Tom Lee keeps making bold stock calls — and nailing them

Fundstrat's Tom Lee has been getting a lot right about quick market moves in recent years. Since the pandemic and its aftershocks created a...

Be careful what you wish for: The S&P 500 typically falls after the first rate cut

Investors have long been hoping that the Federal Reserve will start cutting interest rates, but data shows that that outcome could create trouble for...

The Fed is ‘playing with fire’ by not cutting rates, says creator of ‘Sahm Rule’ recession indicator

Economist Claudia Sahm on CNBC's The Exchange.CNBCThe Federal Reserve is risking tipping the economy into contraction by not cutting interest rates now, according to...

The Fed is ‘playing with fire’ by not cutting rates, says creator of ‘Sahm Rule’ recession indicator

Economist Claudia Sahm on CNBC's The Exchange.CNBCAs the jobless level has ticked up in recent months, the "Sahm Rule" has generated increasing talk on...

Cocoa prices are soaring. Candy makers will need to get creative.

There’s pricing pressure taking hold of a specific corner of global agriculture — and it’s bittersweet.Prices of cocoa have more than tripled over the...

10-year Treasury yield slips again as traders weigh this week’s U.S. inflation data

The benchmark 10-year Treasury note yield fell again on Friday as data released this week pointed to easing inflation.The 10-year Treasury yield was trading...

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