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While markets expect Kevin Hassett to be named the next Federal Reserve chair, he is pointedly not the choice of respondents to the CNBC Fed Survey.The December survey shows 84% believe President Donald Trump will tap Hassett, director of the National Economic Council, to head the central bank. But only 11% think that’s what the president should do. Fed Governor Christopher Waller is the favored pick of 47% of respondents, followed by Kevin Warsh at 23%. But only 5% of respondents think Trump will pick either of the two.Zoom In IconArrows pointing outwardsConcern about Hassett looks to be centered on his…
The top stories and transfer rumours from Wednesday’s newspapers.Premier LeagueKobbie Mainoo remains keen on a move to Napoli if he is allowed to move on loan in January – Daily Mail Manchester United are leading the race to sign Brighton midfielder Carlos Baleba in 2026 after the Seagulls reduced their valuation from £105m to £74m – Daily Mirror Please use Chrome browser for a more accessible video player On Sky Sports Saturday Social Fuad Cadani and Faysal debate whether Kobbie Mainoo should leave Manchester United after failing to start a single Premier League game this season Spreaker This content is…
Justin McLeod speaks during the Fast Company Innovation Festival 2025 on Sept. 18, 2025 in New York City.Eugene Gologursky | Getty ImagesHinge founder Justin McLeod is stepping down as CEO of the dating app to launch a dating service powered by artificial intelligence.McLeod will be replaced by Jackie Jantos, the dating app’s president and chief marketing officer, Hinge parent company Match Group announced on Tuesday. “The company’s momentum, including being on track to reach $1 billion in revenue by 2027, gives me full confidence in where Hinge is headed,” said McLeod in a statement. He created the dating app in…
Alphonso Davies made his return for Bayern Munich on Tuesday after nearly nine months out with a serious knee injury.The Canada international came on in the 88th minute of Bayern’s 3-1 Champions League win over Sporting CP.- Bayern teen Karl makes more history in UCL win”It was nice to see Alphonso Davies back on the pitch again after such a long, severe injury,” Bayern Munich head coach Vincent Kompany said.”I didn’t want him to have the pressure of getting us back into the game today, but with the way the match turned out it worked, and I felt that he…
Chelsea’s soft underbelly was exposed again in defeat at Atalanta – they must toughen up or expect their four-game winless run to continue.Any talk of challenging for the Premier League title can be dismissed if Enzo Maresca’s young side doesn’t start showing some steel. Their humbling defeat at Leeds was a wake-up call, but they showed little learning from that on Tuesday night. Not for 44 games in the Champions League had Chelsea lost after scoring the opening goal, and it was the first time since 2005 that they were beaten away from home after leading at half-time. Atalanta pressed…
TeamSlot made four changes to his starting XI in Milan, including Alexander Isak restored in attack.Liverpool: Alisson, Gomez (Bradley, 68), Konate, Van Dijk, Robertson, Gravenberch, Jones, Mac Allister, Szoboszlai, Ekitike, Isak (Wirtz, 67).Unused subs: Mamardashvili, Woodman, Kerkez, Nyoni, Ngumoha, Lucky.First halfThere was a big-occasion atmosphere as the two sides emerged onto the turf at one of European football’s iconic venues.Play was largely shadowboxing in the early stages, though, with the exchanges interrupted by an injury that forced off Hakan Calhanoglu and a hefty Lautaro Martinez tackle that left Andy Robertson requiring treatment.Eighteen minutes were on the clock when a goalkeeper…
Check out the companies making headlines in after-hours trading. AeroVironment — Shares of the defense technology provider slid more than 4% after its second-quarter earnings missed analyst expectations, coming in at 44 cents per share on an adjusted basis. That’s well below the 78 cents per share that analysts surveyed by LSEG estimated. The company’s revenue of $473 million, however, beat the consensus estimate of $468 million. Braze — Shares of the consumer engagement platform jumped 10% after its revenue for the third quarter of $191 million topped the analyst estimate of $184 million, per LSEG. Adjusted earnings, however, came…
China has taken the lead in Industry 4.0, the next wave of technology that integrates industrial systems like factory automation, robotics, cyber-physical systems, sensors, the internet of things (IoT), 5G and logistics. India’s strategic question is not whether China will lead Industry 4.0 – it already does so – but how this leadership will shape India’s own development, industrial capacity and digital sovereignty. Indian producers rely heavily on Chinese technology. While China’s lead seems insurmountable, India has its own strengths in areas such as software, public policy and its experimental “learn first, regulate later” posture. It also leverages open systems,…
New research shows men and women are equally committed to doing their best at work, but there’s a growing ambition gap among women who want to get ahead — and companies rolling back commitments to women’s career advancement, sponsorship and stretch opportunities could be to blame.That’s according to Lean In and McKinsey & Company’s latest Women in the Workplace report, now in its 11th year, which looked at data from 124 U.S. and Canadian companies as well as 9,500 employees to assess talent pipeline data, employee experience surveys, and HR programs and policies. The survey found that 80% of women…
While serving as CFO of Uber, Nelson Chai got a firsthand look at the rise of the gig economy.Chai, now the CEO of on-demand pay company DailyPay, also saw how gig workers struggled in a pay benefit structure that he says, “has really been about the white-collar management level.””For most companies, you get paid bi-weekly,” Chai told CNBC’s Morgan Brennan at the CNBC CEO Council Forum in November. “But what’s going on right now is about two-thirds of the households in this country are actually living paycheck to paycheck.”That is heavily impacting American gig workers, which Chai said is labor…