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DoubleLine Capital CEO Jeffrey Gundlach said Wednesday that the company is doubling down on overseas investments amid a weak dollar while ramping up its commitment to commodities. The widely followed investor said he had recently turned positive on commodities overall, pointing to steady gains in the largely overlooked asset class. “Commodities are starting to move up broadly and quietly,” Gundlach said. “Last week, for the first time in a while, we turned positive on commodities in general. So I think commodity indexes have some relevance here.” His comments came after the Federal Reserve on Wednesday cut its key overnight borrowing…

Federal Reserve Chairman Jerome Powell speaks during a press conference after the Federal Open Market Committee meeting in Washington, DC on December 10, 2025. Chip Somodevilla | Getty ImagesThis is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five important things investors need to know to start their trading day.1. Keep waiting for the heroStocks soared yesterday after the Federal Reserve announced a widely expected interest rate cut at its final policy meeting of the year. However, the bank appears to have taken the “hawkish rate cut” stance many had expected, saying the move…

Lindsey Harrigan outside the White House, August 20, 2025, Washington.Jacqueline Martin | APPresident Donald Trump is pushing to confirm Lindsay Harrigan as U.S. attorney for the Eastern District of Virginia, weeks after the criminal case against rivals James Comey and Letitia James was dismissed because of Harrigan’s involvement in the prosecution.But her nomination faces a potentially fatal hurdle from the so-called blue-slip tradition, which Republican senators have refused to abandon despite President Trump’s demands. Harrigan submitted a 28-page questionnaire on Wednesday to the Senate Judiciary Committee, which is responsible for vetting U.S. attorney candidates. This was the first action regarding…

Following criticism from US President Donald Trump, Ukrainian President Volodymyr Zelenskiy said on Tuesday that he was ready to hold an election within the next 60 to 90 days if allies could guarantee the security of the vote. “We are ready for elections,” Zelenskiy told reporters on a plane leaving Italy after meeting with the Italian prime minister and Pope Leo. “Not only that, but I, along with my European colleagues, have asked the United States for help in securing our elections, and I am now publicly declaring this,” he added. His comments came after an interview in which the…

The Walt Disney Company announced Thursday a three-year partnership with OpenAI to bring the company’s iconic characters to its Sora AI video generator. Disney has also made a $1 billion equity investment in OpenAI. Released in September, Sora allows users to create short videos using simple prompts. The new deal gives users access to more than 200 animated, masked, and creature characters, including costumes, props, vehicles, and more from Disney, Marvel, Pixar, and Star Wars. These characters include iconic faces such as Mickey Mouse, Ariel, Belle, Cinderella, Big Hero 6, and Simba, as well as characters from Encanto, Frozen, Inside…

Enrique Braun will be the next CEO of Coca-Cola.Provided by: The Coca-Cola Companycoca cola The company announced Wednesday that Chief Operating Officer Enrique Braun will replace James Quincey as CEO next year, as Coke and its competitors weather weak consumer demand for soft drinks.Coca-Cola said the changes will take effect on March 31, and Mr. Brown will be named to the company’s board of directors. Quincey will remain with the company as chairman of the board.Quincey, 60, has held the top job at a major beverage company since 2017. During that time, he oversaw the refranchising of Coke’s bottling system,…

Esusu, a fintech platform that helps renters build their credit scores, has raised $50 million in a Series C funding round at a valuation of $1.2 billion.Renters remain largely excluded from the traditional credit system, and although an estimated $1.4 trillion is paid to landlords each year in the United States, only 20% of landlords choose to report the rent they pay. As a result, millions of trustworthy renters remain stuck in a category called “trust invisible.” “110 million people rent in America, and less than 10% of that data is reflected in their credit scores,” Esusu co-founder and CEO…

Fault Lines travels to Iran to assess the human cost of Israeli attacks and the risk of renewed war.When Israel and the United States launched a 12-day war against Iran, Donald Trump hailed it as “one of the greatest moments in history.” The Israeli attack left more than 1,000 people dead during visiting hours, destroying homes, hospitals and even a prison.Fault Lines travels to Iran to uncover the human toll of the conflict. We meet families grieving the loss of loved ones, from 12-year-old Amir Ali and his father to two-month-old Rayanne and his parents, and follow the painful recovery…

Paris — 20 days, 213 pages. Nicolas Sarkozy wrote more than 10 pages for each 24-hour period he spent in prison in a new book detailing his time at La Santé prison in Paris. “If I had ignored the armored door with eye holes, it might have been a cheap hotel,” the former French president recalled in a book released Wednesday, a month after his Nov. 10 release from prison. Sarkozy wrote in “The Prisoner’s Diary” that prison was “hell”, a book that comes amid intense public attention and scrutiny over his September conviction on charges of conspiracy to finance…

Michael Smith has spoken of how he battled a wall of pain by receiving cortisone injections in his ankles and wrists before playing against Lisa Ashton at the World Darts Championship.The former world No. 1, who made history with a memorable nine-darter against Michael van Gerwen on his way to winning the world title in 2023, has suffered a serious ankle injury that derailed his career. Nicknamed “The Bully”, Smith had excess bone growth around his ankles and also suffered from arthritis after breaking his wrist at the age of 19. Michael Smith’s path to world glory Round 1 -…