News
Lucid shares tumble following public offering of nearly 262.5 million shares
Shares of Lucid Group dropped by more than 10% during after-hours trading following the electric vehicle startup announcing a public offering of nearly 262.5 million…
Your best advisor to finance and money management.
Explaining Finance is your one-stop website for the latest news, updates, and tips about finance.
Latest News
Leon Cooperman expects very little from the market and is only interested in individual stocks
Billionaire investor Leon Cooperman said he remains a bear with little interest in the broader stock market, partly because it's underestimating the…
Getting to 2% inflation won’t be easy. This is what will need to happen, and it might not be pretty
In theory, getting inflation closer to the Federal Reserve's 2% target doesn't sound terribly difficult.The main culprits are related to…
Federal judge rips into Montana’s statewide TikTok ban
A Montana federal judge on Thursday tore into a contested state law that bans TikTok from all personal devices, saying…
Goldman Sachs warns of hit to third-quarter earnings on deal to offload GreenSky
Goldman Sachs said Wednesday that it agreed to sell its fintech lending platform GreenSky to a group of investors led…
Comcast, Disney hire investment banks to value Hulu as sale process makes progress
Comcast and Disney have hired investment banks to value Hulu, the next step in what's been a nearly five-year process…
AMC CEO says he was the victim of an extortion plot
Adam Aron, the CEO of AMC Entertainment, admitted Thursday that he was a “victim of an elaborate criminal extortion” plot.…
Former Barclays CEO Staley fined and banned by UK regulator over Epstein links
LONDON — Former Barclays CEO Jes Staley on Thursday was fined and banned from holding any position of influence in…
Tesla whistleblowers filed a complaint to the SEC in 2021, but the agency never interviewed them. Here’s what the complaint said
In the fourth quarter of 2021, a Tesla employee and a tech industry researcher jointly filed a whistleblower complaint to…
Names and faces of Harvard students linked to an anti-Israel statement were plastered on mobile billboards and online sites
A billboard truck drove near Harvard’s campus Wednesday displaying the names and photos of Harvard students whose organizations signed a…
Stocks making the biggest moves midday: Walgreens, Birkenstock, Ford, Spotify and more
Check out the companies making headlines in midday trading. Walgreens Boots Alliance — Walgreens Boots Alliance popped nearly 6% in…
Sen. Bob Menendez charged with acting as agent of Egypt in superseding indictment
Sen. Bob Menendez has been accused of accepting bribes and acting as a foreign agent for Egypt, according to a…
Microsoft Outlook will soon write emails for you
Artificial intelligence could soon be writing more company emails in Microsoft Outlook, as the company expands its rollout of AI…
While ChatGPT stokes fears of mass layoffs, new jobs are being spawned to review AI
Artificial intelligence might be driving concerns over people's job security — but a new wave of jobs are being created…
American retiree says tipping etiquette is ‘very different’ in Portugal: There’s no ‘constant pressure’ like in the U.S.
In 2011, I was living in Washington, D.C. with my wife, where we had planned to spend our retirement years.But…
EU officials warn TikTok over Israel-Hamas disinformation
EU officials warned TikTok Thursday about “illegal content and disinformation” on its platform linked to the war between Hamas and…
Watch: IMF’s Georgieva and other leaders discuss debt relief and reforms on CNBC panel
CNBC's Joumanna Bercetche is moderating a panel at the annual meetings of the International Monetary Fund and World Bank in Marrakech, Morocco.Titled, "Reform Priorities…
Here’s what got more expensive — and cheaper — at the grocery store
Grocery price increases continued to moderate in September, with prices ticking up just 0.1% last month, according to seasonally adjusted…
Here’s the inflation breakdown for September 2023 — in one chart
Inflation was unchanged in September, but price pressures seem poised to continue their broad and gradual easing in coming months,…