Wed, Jun 17, 2026
33 indexed SquawkNews stories from this UTC day.
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‘I’m a realist’: I’m 50 with $6.5 million saved. Should I quit my $200,000 job and retire early?
“I have been considering leaving my job so that I can focus on my trading activities full time.”
NEWS | Jun 17, 2026, 11:59 PM UTC
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‘I’m a realist’: I’m 50 with $6.5 million saved. Should I quit my $200,000 job and retire early?
“I have been considering leaving my job so that I can focus on my trading activities full time.”
NEWS | Jun 17, 2026, 11:59 PM UTC
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My mother was co-owner of my late grandmother’s bank account. Should she share the money with her siblings?
“The will stated that the estate was to be divided equally among her children.”
NEWS | Jun 17, 2026, 11:53 PM UTC
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My mother was co-owner of my late grandmother’s bank account. Should she share the money with her siblings?
“The will stated that the estate was to be divided equally among her children.”
NEWS | Jun 17, 2026, 11:53 PM UTC
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Here are the five big takeaways from Kevin Warsh's first meeting as Fed chairman
The Federal Reserve and Chairman Kevin Warsh on Wednesday followed the script on interest rates closely, voting to keep the benchmark level steady , but dropped several surprises that kept markets guessing about where th
NEWS | Jun 17, 2026, 11:51 PM UTC
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CME CEO Terrence Duffy says the exchange operator will sue CFTC over perpetual futures
Outgoing CME CEO Terrence Duffy said in an appearance on CNBC’s “Fast Money” that the exchange operator was planning on suing the Commodity Futures Trading Commission, or CFTC, over perpetual futures. Perpetual futures a
NEWS | Jun 17, 2026, 11:21 PM UTC
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It’s ‘unavoidable’: Apple says it will be forced to raise prices due to the AI boom
Tech giants are gobbling up memory chips for AI servers, leaving Apple with soaring component costs that Tim Cook says will inevitably be passed on to consumers.
NEWS | Jun 17, 2026, 11:19 PM UTC
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It’s ‘unavoidable’: Apple says it will be forced to raise prices due to the AI boom
Tech giants are gobbling up memory chips for AI servers, leaving Apple with soaring component costs that Tim Cook says will inevitably be passed on to consumers.
NEWS | Jun 17, 2026, 11:19 PM UTC
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Did Warsh and Vance just open the door to higher inflation?
The U.S. government’s official 2% annual inflation target has suddenly been thrown into doubt by Kevin Warsh and J.D. Vance.
NEWS | Jun 17, 2026, 11:00 PM UTC
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Warren Buffett’s mentor said his wealth came down to luck. Is your life savings riding on a coin flip?
The illusion of investing knowledge is powerful: Why you’re probably paying a financial adviser for pure chance.
NEWS | Jun 17, 2026, 10:48 PM UTC
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Warren Buffett’s mentor said his wealth came down to luck. Is your life savings riding on a coin flip?
The illusion of investing knowledge is powerful: Why you’re probably paying a financial adviser for pure chance.
NEWS | Jun 17, 2026, 10:48 PM UTC
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Kevin Warsh launches his push to change how the Fed operates
The new Federal Reserve chair rolls out five task forces that will focus on the central bank’s communications, inflation frameworks and more
NEWS | Jun 17, 2026, 10:44 PM UTC
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SpaceX adds longtime Elon Musk ally Roelof Botha to board
Roelof Botha, who worked with Elon Musk at PayPal in the dot-com era, is joining the SpaceX board. Since 2003, Botha has worked at venture capital firm Sequoia, which is a big investor in SpaceX. SpaceX completed a recor
NEWS | Jun 17, 2026, 10:20 PM UTC
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Fed holds rates steady, pares down statement to remove cutting bias
The Federal Reserve on Wednesday released its interest rate decision.
NEWS | Jun 17, 2026, 09:42 PM UTC
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Defense contractors would be barred from buying back their stock in bill approved by Senate panel
The Senate Armed Services Committee approved a must-pass bill with a provision that could bar some defense contractors from making stock buybacks or paying dividends unless they have the Defense Department's approval. Th
NEWS | Jun 17, 2026, 09:38 PM UTC
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JetBlue to reduce Newark, LaGuardia footprint as it forges ahead in Fort Lauderdale
JetBlue told CNBC it is planning to cut its flight attendant base at Newark Liberty International Airport and tech operations bases there and at LaGuardia Airport in New York. The carrier is increasing service in Fort La
NEWS | Jun 17, 2026, 09:20 PM UTC
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Analysis: Chairman Kevin Warsh’s task forces are the key to understanding the new Fed
Fed Chairman Kevin Warsh stuck to his long-stated belief in his first press conference on Wednesday that "inflation is a choice." That message is part of a broader reorganization Warsh has planned to shift the Fed to bei
NEWS | Jun 17, 2026, 09:04 PM UTC
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The market didn't like what it heard from the Fed and its new leader Kevin Warsh
The S&P 500 closed down 1.2%, as bond yields rose.
NEWS | Jun 17, 2026, 08:55 PM UTC
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CEOs of Anthropic and Google DeepMind call for U.S.-led AI coalition in meeting at G7
Anthropic CEO Dario Amodei and Google DeepMind CEO Demis Hassabis called for a U.S.-led AI coalition at a closed-door meeting at the G7 summit on Wednesday. Around a dozen tech execs, including OpenAI's Sam Altman, joine
NEWS | Jun 17, 2026, 08:42 PM UTC
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Warsh experiences worst 'Fed day' S&P 500 performance for a new chair since 1994
The S&P 500 tumbled more than 1% in Wednesday's session, with losses steepening during Warsh' innagural press conference as chair.
NEWS | Jun 17, 2026, 08:30 PM UTC
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Jeffrey Gundlach says Fed's Warsh is not going to be the 'easy money' chairman many hoped for
DoubleLine Capital CEO Jeffrey Gundlach said new Federal Reserve Chairman Kevin Warsh struck a more hawkish tone than many investors expected, underscoring his commitment to restoring price stability and signaling less a
NEWS | Jun 17, 2026, 08:26 PM UTC
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Fed holds interest rates steady: Here's what that means for credit cards, savings rates, mortgages and car loans
Here’s a look at how the Fed's June interest rate decision may affect your finances.
NEWS | Jun 17, 2026, 08:24 PM UTC
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SpaceX posts first losing day as stock sinks 5%, losing momentum after a multiday rally
Elon Musk's space and AI company has seen its stock surge since its blockbuster IPO on Friday.
NEWS | Jun 17, 2026, 08:10 PM UTC
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2-year Treasury yield rockets higher as many Fed officials signal possible hike this year
U.S. Treasury yields rose on Wednesday after the Fed held interest rates steady during Kevin Warsh's first policy meeting as chairman.
NEWS | Jun 17, 2026, 08:02 PM UTC
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CarMax shares fall after used car retailer reports earnings beats, CEO details turnaround plan
Despite the beats, questions remain about the company's ability to grow and cut costs under the plan amid tougher market conditions, including margin pressure.
NEWS | Jun 17, 2026, 08:02 PM UTC
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Allbirds continues AI pivot with name change and CEO hire, sending stock soaring
Allbirds on Wednesday rebranded to Smartbird and announced Nadia Carlsten as its new CEO. In April, the company changed its name to NewBird AI and shifted from making shoes to Ai compute infrastructure. Social media plat
NEWS | Jun 17, 2026, 08:00 PM UTC
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Chairman Warsh abstains from giving rate forecast as several members signal a hike in 2026
The median projection called for the federal funds rate to end 2026 at 3.8%, a quarter percentage point above the current target range.
NEWS | Jun 17, 2026, 07:27 PM UTC
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Chairman Warsh drastically alters Fed rate statement. Here's what's changed
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in April.
NEWS | Jun 17, 2026, 07:25 PM UTC
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Trump sabotages Senate bid to fast-track Clayton as DNI, committee scuttles hearing
Any delay, and continuation of acting DNI Bill Pulte in the role, is likely to endanger the reauthorization of a key U.S. intelligence authority.
NEWS | Jun 17, 2026, 05:47 PM UTC
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Amazon AI exec predicts first 'commercially useful' quantum computers in 5-7 years
Quantum computing is becoming an increasingly competitive field, with tech giants including Microsoft, Google and IBM developing the technology.
NEWS | Jun 17, 2026, 05:43 PM UTC
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UniQure to seek FDA approval for Huntington's disease gene therapy after previous clash with agency
The announcement comes months after UniQure became embroiled in a public debate with FDA leaders over the clinical trial data supporting its application.
NEWS | Jun 17, 2026, 05:03 PM UTC
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Less than one-third of global workers feel their jobs are safe, ADP survey data shows
Even with global unemployment at historically low levels, workers are not feeling secure.
NEWS | Jun 17, 2026, 04:00 PM UTC
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'Passive' investors who dodged bitcoin are now forced to own SpaceX, which is three times more volatile
Many advisors and money-managers invested in index funds who will soon be owners of Elon Musk's astronomic ambitions
NEWS | Jun 17, 2026, 12:48 PM UTC