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Mormon Wives Cast Is Confused About What Was Cut From Season 3 Reunion

The Secret Lives of Mormon Wives cast is just as confused by what did — and didn’t — make the cut for the season 3 reunion. Hulu released the one-hour special on Thursday, December 4, during which Jessi Ngatikaura discussed her affair with Marciano Brunette, Demi Engemann denied cheating on husband Bret Engemann (also with … Read more

Bad labor data is good news for Fed cut hopes, as Goldman, BofA expect Powell to go lower

Analysts may not have necessarily digested this week’s lackluster labor data with glee—but it sure didn’t dampen their spirits either. Wall Street is hoping for a Christmas miracle with a final interest rate cut from the Fed, bringing the base rate down to 3.5% to 3.75%, and recent jobs reports may just have sealed the … Read more

Gold rises on expectations of Fed rate cut

Key Takeaways Gold prices are rising due to heightened expectations of Federal Reserve rate cuts, making it more attractive as a safe-haven asset. Major banks such as UBS, Commerzbank, Morgan Stanley, and Goldman Sachs identify Fed policy as a key factor boosting gold demand. Share this article Gold prices advanced today as markets anticipate a … Read more

Airbus just cut its A320 delivery guidance. Here’s why.

French planemaker Airbus cut its delivery guidance early Wednesday after a series of issues related to its A320 aircraft. On Monday, reports emerged of a flaw said to affect dozens of A320-family aircraft. Airbus later said it had identified a quality issue regarding a “limited number” of metal panels, and that the source of the … Read more

Reeves’ Budget dismays investors with tax-relief cut

This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch As expected, Chancellor Rachel Reeves used her Budget to pour a bucket-load of tax-raising measures over the U.K. economy. One of them, though, will be of particular interest to Britain’s startup and scale-up businesses. Reeves announced … Read more

L’Oreal CHRO cut her teeth at luxury brands Chanel—She says the secret to her success was always saying yes

Stephanie Kramer has climbed the ranks from Chanel to L’Oréal’s corner office. On paper, it reads like the kind of glossy, fashion-world ascent most twenty-somethings dream about. But it all started with coffee runs, copy-making, and turning up earlier than everyone else.  And she says that saying yes to those tiny, unglamorous tasks—especially the ones … Read more

Musk’s Starlink rival Eutelsat shares fall after SoftBank stake cut report

French satellite group Eutelsat, often seen as Europe’s answer to Elon Musk’s Starlink, saw its share price plummet Wednesday following a report that Japanse investor SoftBank cut its stake in the company. Shares in Eutelsat were last trading 7.2% lower as of 4.41 a.m. ET. The moves come following a Reuters report that SoftBank has … Read more

Trump’s new tax policies will cut the wealthy’s philanthropy by over $4 billion—and middle-class donors can’t match the donations of MacKenzie Scott

Rich mega-donors like MacKenzie Scott have been pumping hundreds of millions of dollars into philanthropic causes—but Trump’s new tax policies could put billionaire charity in jeopardy. And America’s middle class won’t be able to pick up the pieces.  President Donald Trump’s “One Big Beautiful Bill,” signed into law this July, will limit tax benefits for … Read more

traders increase bets on Fed rate cut

U.S. Treasury yields moved higher on Monday to start off the first day of December as investors increased bets on the Federal Reserve cutting interest rates in its upcoming meeting. At 5:47 a.m. ET, the 10-year Treasury was up more than 2 basis points at 4.044%, while the 30-year bond yield climbed 3 basis points to 4.702%. The 2-year note yield … Read more

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