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Kevin Hassett’s candidacy for the Federal Reserve chair, once seen by the market as almost a sure thing, has received some pushback by high-level people who have the ear of President Donald Trump, according to sources familiar with the matter.There’s concern that the National Economic Council director is too close to the president, the sources said, something that ironically made him the frontrunner to replace current chair Jerome Powell in the first place. The pushback could help explain why interviews with candidates were cancelled in early December and then, at least for Warsh, rescheduled for last week.After telling reporters that…
Haivivi Bubblepal, an AI toy.Courtesy: HaiviviIt seems everyone is talking about artificial intelligence these days — even Ultraman. When asked if investors should be worried about an AI bubble, the new second-generation CocoMate AI-powered plush toy by Chinese company Haivivi warned about the dangers of speculation in AI stocks.”The AI market has been on a wild ride lately,” the toy based on the Ultraman character cautioned. “If investors pour too much money into unproven ideas without solid fundamentals, it could lead to a bubble burst!”China has long been a dominant manufacturer in the global toy industry. So pushing into AI playthings…
Graham HunterDec 15, 2025, 10:00 AM ETCloseGraham Hunter is a Barcelona-based freelance writer for ESPN.com who specializes in La Liga and the Spanish national team.Real Madrid’s stodgy but vital 2-1 win at Alavés on Sunday should have been just what the doctor ordered for embattled, under-fire coach Xabi Alonso. With only two wins in their previous eight games — one in LaLiga and one in the UEFA Champions League — the club’s patience had already reached a breaking point.Kylian Mbappé returning to the team at Mendizorroza to score his 26th goal in 22 matches, the previously “missing in action” Vinícius…
Toluca beat Tigres in an epic penalty shootout to win the 2025 Apertura title. Jonathan Mondragon/Jam Media/Getty ImagesWhen discussing the hierarchy of Mexican soccer, the conversation always begins with the “big four” of Liga MX. Club América, Chivas, Cruz Azul and Pumas all consistently dominate the attention of the country’s sports world on any given day. As the country’s most high-profile and powerful teams, they not only serve as the vanguards of Liga MX, but also as the benchmarks for other hopefuls within the league. But after winning the 2025 Apertura title on Sunday, Toluca have now made that big four…
Stephanie Kramer was just a few years into her career when she landed at one of her dream companies: In 2007, she joined L’Oreal to manage global marketing efforts for Ralph Lauren’s fragrances division.In the nearly 20 years since, Kramer, 43, has worked with iconic fragrance and skincare brands at L’Oreal, then Chanel, and now back at L’Oreal with a recent career change to become the chief HR officer for the company’s North America operations.She says some of the best career advice she’s gotten came from ex-boss Maureen Chiquet, the former Chanel CEO, who gave her a three-question framework to…
Chelsea head coach Enzo Maresca has refused to clarify comments that he is not getting support at the club.The Italian was asked to explain his claim made after Saturday’s win over Everton that the previous two days leading up to the game had been his “worst 48 hours” at Stamford Bridge, but shut down multiple questions about who the comments were directed at. Speaking ahead of Tuesday’s Carabao Cup quarter-final away to Cardiff, live on Sky Sports, he became visibly impatient with requests for him to make sense of remarks that have fuelled intense speculation he was taking aim at the club’s owners…
Garry Ridge had already been a CEO for two years when he enrolled at the University of San Diego in 1999 for a master’s degree in executive leadership.Ridge, who helmed the multi-use product company WD-40 from 1997 until he retired in 2022, thought at the time that he needed to change himself to make the company and its workforce more successful, he told Simon Sinek’s “A Bit Of Optimism” podcast in a Nov. 25 episode.Ridge had recently moved from Australia and wanted to expand WD-40 around the world, he said. Prior to going back to school, he was a “be…
Jim Siders speaks at an eventCourtesy: Jim SidersThrive Holdings, launched by OpenAI and Stripe investor Thrive Capital, announced on Monday that it’s tapped Palantir veteran Jim Siders to serve as CEO of Shield Technology Partners, a newly created business focused on IT services. Siders spent more than 12 years at Palantir, where he most recently served as chief information officer, overseeing global IT operations, business applications and infrastructure. He began his career at the company as an IT helpdesk engineer. Palantir has been one of the best performers on the stock market during the artificial intelligence boom, jumping by almost thirtyfold…
Traders work on the floor of the New York Stock Exchange on Dec. 11, 2025, in New York City.Spencer Platt | Getty ImagesThis is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five key things investors need to know to start the trading day:1. Cold frontRotation was the word on Wall Street’s lips last week as investors iced out high-flying artificial intelligence stocks in favor of more traditional and cyclical names. Now, the question is whether that divergence will continue, as focus shifts to upcoming inflation and employment data.Here’s what to know:2. The KevinsKevin Hassett, director…
An employee works inside a textile mill at Bhilwara in India’s Rajasthan state, on July 6, 2025. Himanshu Sharma | Afp | Getty ImagesIndia’s total goods exports for November rose 19% on year to $38.13 billion, with sharp improvement in the country’s trade with U.S.India’s merchandise goods trade deficit, which had touched a record high of roughly $41.7 billion in October, shrank to $24.5 billion in November, beating a Reuters poll estimate of $32 billion.India’s exports to the U.S. rose 22.6% in November to $6.98 billion, which is even higher than its exports of $6.31 billion in the prior month.India’s…