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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…
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Microsoft to appeal IRS request for nearly $29 billion in back taxes
Microsoft plans to contest a US Internal Revenue Service request for an additional $28.9 billion in back taxes for the…
A report that foreshadows CPI is a mix of good and bad
Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign…
The world will pay a high price if China cuts off supplies of chipmaking materials
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s…
UAW expands strike, hitting Ford’s largest factory
The United Auto Workers union surprised Ford late Wednesday night, having 8,700 workers walk off the job at the company’s…
Israeli and Jewish schools reportedly urge parents to tell their kids to delete Instagram and TikTok to avoid disturbing images of hostages
Several Israeli and Jewish schools are reportedly urging parents to delete social media apps like Instagram, TikTok and X, formerly…
Chipotle is raising prices again
First, it was Girl Scout cookies. Now, inflation is hitting Chipotle’s burritos and tacos. “For the first time in over…
Exxon Mobil agrees to buy Pioneer Natural Resources for nearly $60 billion. Here’s what the pros have to say
Market Movers rounded up the latest reactions on Exxon Mobil from investors and analysts. The pros, including Jim Cramer ,…
Russia-Ukraine war updates for October 11, 2023
Putin: Russia is on the right trackRussian President Vladimir Putin said Moscow "is on the right track" in a speech…
Parents urged to delete their kids social media accounts ahead of possible Israeli hostage videos
Schools in Israel, the UK and the US are advising parents to delete their children’s social media apps over concerns…
Steve Scalise nominated as House speaker candidate by GOP lawmakers
Republican lawmakers Wednesday selected Rep. Steve Scalise as their candidate for speaker of the House of Representatives, more than a…
Why investors should buy these fixer-upper names, while sticking with 3 that are set to soar
Despite an uncertain macroeconomic backdrop, stocks have largely outperformed in 2023. The S & P 500 is up 13.99% year-to-date,…
NY officials announce legislation aimed at protecting kids on social media
Two new bills meant to protect children’s mental health online by changing the way they are served content on social…
DOJ sues eBay for selling ‘rolling coal’ devices; fines could hit $2 billion
Ebay could be on the hook for as much as $2 billion in fines for allegedly allowing hundreds of thousands…
Already a humanitarian crisis, war with Hamas could have major impact on Israel’s economy
As Israel prepares for what could be a long war with massive humanitarian implications, there are also concerns about how…
Student loan payments are back. Here’s where some Americans are trimming their budgets
It’s October, and for millions of Americans, a familiar interloper has slid its way back into that pile of monthly…
Caroline Ellison said SBF considered raising money from Saudi crown prince to repay FTX customers
Caroline Ellison, who ran Sam Bankman-Fried's crypto hedge fund while also dating the FTX founder, told jurors in her second…
Fed officials see ‘restrictive’ policy staying in place until inflation eases, minutes show
Federal Reserve officials at their September meeting differed on whether any additional interest rate increases would be needed, though the…
Most Fed officials expect one more interest rate hike and that they’ll remain elevated for a while, minutes show
Most Federal Reserve officials said last month that they expect one more rate hike, according to minutes from their September…