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Nina Jankowicz, a disinformation expert and vice president at the Centre for Information Resilience, gestures during an interview with AFP in Washington, DC, on March 23, 2023.Bastien Inzaurralde | AFP | Getty ImagesNina Jankowicz's dream job has turned into a nightmare.For the past 10 years, she's been a disinformation researcher, studying and analyzing the spread of Russian propaganda and internet conspiracy theories. In 2022, she was appointed to the White House's Disinformation Governance Board, which was created to help the Department of Homeland Security fend off online threats.  Now, Jankowicz's life is filled with government inquiries, lawsuits and a barrage of harassment, all the result of an extreme level of hostility directed at people whose mission is to safeguard the internet,...

Policymakers at the European Central Bank are split on the need to consider a jumbo half-point interest rate cut in December, even as downside risks dominate on both economic growth and inflation.The comments come shortly after the ECB delivered back-to-back interest rate cuts for the first time in 13 years at its October meeting.The move, which marked the central bank's third quarter-point cut this year, had been fully priced in by markets after decision-makers flagged reduced inflation risks and a weakening growth outlook."The truth is that the print of inflation in September was very low, way lower than what we were expecting," Portuguese central bank chief Mario Centeno told CNBC's Karen Tso on Wednesday."We need to take that into our story," Centeno said. "After that, we need to look ...

A screen displays the trading information for Morgan Stanley on the floor of the New York Stock Exchange (NYSE), January 19, 2022.Brendan McDermid | ReutersMorgan Stanley is expanding the use of OpenAI-powered, generative artificial intelligence tools to its vaunted investment banking and trading division, CNBC has learned.The firm, which launched an AI assistant based on OpenAI's ChatGPT technology to its wealth management advisors in early 2023, began rolling out another version called AskResearchGPT this summer in its institutional securities group, said Katy Huberty, Morgan Stanley's global director of research.The tool lets users extract answers from across the universe of Morgan Stanley's research — including on stocks, commodities, industry trends and regions — collapsing what could...

Stocks are experiencing some turbulence of late, but the longer-term outlook points to sharp gains ahead, according to Piper Sandler. Craig Johnson, the firm's chief market technician, sees the S & P 500 soaring to 6,600 in 2025. That's 12.8% above where the benchmark closed Tuesday. "The old Wall Street adage 'Bull Markets Climb a Wall of Worry' sums up the narrative of this market well," Johnson wrote in a note. "For the past two years, equity markets managed to maintain a steady upward trajectory despite a series of pullbacks/corrections, economic concerns, geopolitical tensions, fears of inflation, rising interest rates and pessimistic headlines." "As this Bull Market enters its third year, the combination of a well-telegraphed shift in Fed policy, normalization of the yield curve ...

Here are the biggest calls on Wall Street on Wednesday: Morgan Stanley reiterates Costco as overweight The firm says membership card scanner rollouts is a "Netflix moment" for Costco. " Costco's ongoing roll-out of membership card scanners at its U.S. clubs could soon deliver a Netflix moment. Our channel checks suggest membership counts at selected Costco locations, following implementation of the scanners, is rising by double digits." Morgan Stanley reiterates Spotify as overweight Morgan Stanley raised its price target on Spotify to $430 from $400, calling it a top pick. "We remain bullish due to cont'd conviction in 1) Spotify's best-in-class product offering and related pricing power, 2) cont'd runway for user growth, and 3) mgmt's commitment to financial discipline and driving profit...