TazaPulse

CME Group’s Terry Duffy to step down in 2027, CFO Lynne Fitzpatrick to become CEO

TazaPulseJune 17, 2026

Terry Duffy, CME Group Scott Mlyn | CNBC CME Group‘s longtime leader Terry Duffy will step down as chief executive officer next year, succeeded by President and Chief Financial Officer Lynne Fitzpatrick. Duffy, 67, will transition to executive chairman effective March 1, 2027, the company said Wednesday. It marks a more than two-decade run that...

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Anthropic asked for regulation. Washington went much further

TazaPulseJune 17, 2026

Anthropic’s longstanding push for regulation is coming back to bite it. The artificial intelligence company, now valued at close to $1 trillion, has spent years touting its dedication to safety. But for the second time this year, Anthropic has found itself caught in the Trump administration’s crosshairs, this time out of concern for the safety...

ITR filing: How to pay zero tax under new and old tax regime – know all about Section 87A rebate

TazaPulseJune 17, 2026

Under the new income tax regime, individuals with total income up to Rs 12 lakh can claim a rebate of up to Rs 60,000. (AI image) ITR filing FY 2025-26: Before filing your income tax return, it is important to be aware of the applicable income tax rates and slabs under both the new and...

Speaker Om Birla to hear Abhishek Banerjee on TMC split claim on June 19 | India News

TazaPulseJune 17, 2026

NEW DELHI: Lok Sabha Speaker Om Birla has called Trinamool Congress (TMC) leader Abhishek Banerjee for a meeting on June 19 to present his case against recognising a breakaway faction within the Mamata Banerjee-led party, as the Speaker weighs competing claims arising from a widening split in the TMC’s Lok Sabha ranks.The hearing comes after...

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BMW slumps after profit warning amid Iran war and China slowdown

TazaPulseJune 17, 2026

A BMW vehicle on a flatbed truck at a Carvana vending machine location in Uniondale, New York, US, on Tuesday, April 16, 2024. Angus Mordant | Bloomberg | Getty Images Shares in BMW tumbled to their lowest level in over 5 years on Wednesday after the German carmaker cut its 2026 profit outlook, citing a...

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More united Fed board seen at Warsh’s first meeting, according to Kalshi traders

TazaPulseJune 17, 2026

Renovations continue at the Federal Reserve Board building in Washington, D.C., U.S., November 14, 2025. Elizabeth Frantz | Reuters Prediction market traders think consensus will return to the Federal Reserve’s policy-setting board when new chairman Kevin Warsh presides over its June interest rate decision later Wednesday. At April’s meeting, the last under former Fed chair...

5 things to know before the stock market opens Wednesday

TazaPulseJune 17, 2026

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. Before we hear from Federal Reserve Chairman Kevin Warsh at his post-decision news conference this afternoon, President Donald Trump is set to hold his own press conference at the G7 summit this morning. S&P 500 futures are little changed this...

India is for the first time among the top 15 markets for Mercedes

TazaPulseJune 17, 2026

Mumbai: Mercedes-Benz’s Member of the Board of Management, Sales & Customer Experience., Mathias Geisen, was in India this week for the launch of the new S-Class – a plug-in hybrid. Against this backdrop, Gielsen spoke about Mercedes-Benz’s global sales performance, the transition to electric mobility, and the company’s strategy for India, one of its fastest-growing...

ISI-linked terror module busted: Delhi Police arrests five more operatives in TTH case | India News

TazaPulseJune 17, 2026

NEW DELHI: The Delhi Police Special Cell has arrested five more members of an eight-person terror module allegedly linked to Pakistan-based Inter-Services Intelligence (ISI) handler Shahzad Bhatti, in a major crackdown against a trans-border terror network, the police said on Wednesday.The latest arrests come after a multi-state investigation into the activities of an outfit identified...

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Carvana new sales strategy turns dealership into ‘playground’

TazaPulseJune 17, 2026

Carvana’s new vehicle franchise for Stellantis includes personalised displays and a vehicle “playground” for consumers for each of its core U.S. brands. Courtesy Carvana DALLAS — Carvana is aiming to bring its online strategy for selling used vehicles to sales of new cars and trucks. But don’t expect the company to actually sell you a...