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Wealthy investors pour billions into tax-aware long-short strategies

Wealthy investors pour billions into tax-aware long-short strategies

Group of people sitting at a conference table during a late evening meeting and talking. Vm | E+ | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Wealthy investors […]

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OpenAI ChatGPT for Financial Services targets work of junior bankers

OpenAI ChatGPT for Financial Services targets work of junior bankers

OpenAI is taking aim at some of Wall Street’s most labor-intensive tasks with a new version of ChatGPT designed to research companies, analyze financial data and generate the presentations that investment bankers rely on. The product unveiled Thursday, called ChatGPT for Financial Services, is a tailored version of its enterprise product, ChatGPT Work, that was

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Ford announces $1 billion investment at Kentucky plant

Ford announces $1 billion investment at Kentucky plant

A worker at Ford’s Kentucky Truck Plant on April 30, 2025. Michael Wayland | CNBC DETROIT — Ford Motor on Thursday announced a $1 billion investment to build a new paint shop at its crucial truck plant in Kentucky. The announcement comes two days after Transportation Secretary Sean Duffy expressed “profound concern” about the automaker’s

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ABC won't air Kimmel-Talarico interview amid FCC threats

ABC won’t air Kimmel-Talarico interview amid FCC threats

“Jimmy Kimmel Live!” airs every weeknight at 11:35 p.m. ET and features a diverse lineup of guests that include celebrities, athletes, musical acts, comedians and human interest subjects, along with comedy bits and a house band. Randy Holmes | Disney General Entertainment Content | Getty Images Jimmy Kimmel, the late night talk show host with

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Home sales fall in August despite the highest supply in over a decade

Home sales fall in August despite the highest supply in over a decade

A “For Sale” sign outside a home in Crockett, California, US, on Thursday, Sept. 3, 2026. Davis Paul Morris | Bloomberg | Getty Images Homebuyers continue to struggle amid higher mortgage rates and lofty home prices. Sales of previously owned homes fell 2% in August from July to 3.98 million units on a seasonally adjusted,

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Wealthy investors seek oil and gas assets, but bargains are scarce

Wealthy investors seek oil and gas assets, but bargains are scarce

An aerial view shows storage tanks at the sprawling BP refinery in Whiting, Indiana, Sept. 8, 2026. Scott Olson | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Ultra-high-net-worth investors and family

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LA Rams President Kevin Demoff touts Australia push ahead of 49ers game

LA Rams President Kevin Demoff touts Australia push ahead of 49ers game

MELBOURNE, Australia — The Los Angeles Rams will play the first-ever regular-season NFL game Down Under this week, but the team has been quietly building its profile in the country for the past five years. “We basically have full activation rights here in many ways that we would … in Los Angeles,” Kevin Demoff, president

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