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
These regional banks are at risk of being booted from the S&P 500
The stock sell-off that hit regional banks this year has exposed lenders including Zions and Comerica to the risk of…
Stocks making the biggest moves midday: Novo Nordisk, DaVita, Exxon Mobil, Amgen and more
Check out the companies making big moves midday.Novo Nordisk — The Danish drugmaker stock added 5.5% after saying late Tuesday…
Suspected sabotage shuts another European gas pipeline. Here’s what you need to know
A pipeline ferrying natural gas between Finland and Estonia has become the focus of an international investigation into a potential…
Europe gives Mark Zuckerberg 24 hours to respond about Israel-Hamas conflict and election misinformation
European regulator Thierry Breton shared a letter to Meta CEO Mark Zuckerberg on Wednesday urging the billionaire to be "vigilant"…
Harvard student groups issued an anti-Israel statement. CEOs want them blacklisted
Billionaire hedge fund CEO Bill Ackman and several other business leaders are demanding Harvard University release the names of students…
Disney World and Disneyland raise prices for passes and tickets
It's about to get a bit more expensive to experience the magic of Walt Disney World and Disneyland.The parks are…
US wholesale inflation heated up last month amid higher gas prices
Wholesale price increases of US goods and services jumped higher for a third consecutive month, influenced by still-high energy prices,…
Paul Tudor Jones says it’s hard to like stocks given geopolitical risks, weak U.S. fiscal position
Billionaire hedge fund manager Paul Tudor Jones said Tuesday it's extremely tough to be an investor in risk assets amid escalating geopolitical…
How much money you need to retire comfortably in every U.S. state
While U.S. retirees might move states to be closer to family or for warmer weather, living costs can be a…
Menstrual product makers form coalition to reimburse ‘tampon tax’ to shoppers
A group of menstrual product makers announced on Wednesday that they have banded together to form “The Tampon Tax Back…
Oil prices could surge if Iran enters the war, Pioneer Natural Resources CEO says
Pioneer Natural Resources CEO Scott Sheffield said oil prices could move a lot higher if Iran gets involved in Hamas' war on Israel."If…
Janet Yellen sees limited economic impact from war in Israel
The war between Israel and Hamas is unlikely to have a significant impact on the global economy, US Treasury Secretary…
Stocks making the biggest moves premarket: Plug Power, Exxon Mobil, Pioneer, Novo Nordisk and more
Check out the companies making headlines in premarket trading.Plug Power — The battery stock added nearly 6% after the company…
LVMH shares plunge after luxury giant reveals sharp slowdown in sales growth
Shares of LVMH fell as much as 8% Wednesday after the luxury goods conglomerate said revenue growth in the third…
Satellite images show the scale of destruction in Gaza as Israel responds to surprise Hamas attack
Satellite images depict the scale of the devastation in Gaza following a barrage of Israeli airstrikes in response to Hamas'…
Exxon Mobil agrees to buy Pioneer Natural Resources for nearly $60 billion in all-stock merger
Exxon Mobil said Wednesday it agreed to buy shale rival Pioneer Natural Resources for $59.5 billion in an all-stock deal,…
Powerball used to have a jackpot limit. Then it exploded
Editor’s Note: This is an updated version of a story that was previously published on Nov. 8, 2022. The latest…
White House announces new efforts to crack down on ‘tens of billions’ in junk fees
WASHINGTON — The White House on Wednesday will announce new initiatives to rein in tens of billions worth of surcharges…