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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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The cost of homeownership spiraled upwards last year. Here’s what happened
Everything about financing a home purchase surged last year, from mortgage rates to fees and discount points, according to a…
Housing industry urges Powell and the Fed to stop raising interest rates
Top real estate and banking officials are calling on the Federal Reserve to stop raising interest rates as the industry…
Pepsi scores a big profit on the back of higher prices
Price hikes for Pepsi products boosted the company’s bottom line, despite a decline in sales, according to the company’s third-quarter…
Stocks making the biggest moves premarket: Palantir, PepsiCo, Rivian and more
Check out the companies making headlines in premarket trading.Palantir Technologies — Shares of the data analytics company added 2.3% on…
After her husband nearly died from heatstroke, she took her fight to the highest levels
August 2016 was, at the time, the planet’s hottest month on record. In Freehold, New Jersey, where Jim Klenk was…
Why America’s strike wave is barely registering on Wall Street
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign…
Prosecutors’ star witness is getting ready to testify against Sam Bankman-Fried
Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign…
China’s Country Garden warns of default again as property sales plunge
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s…
International Monetary Fund raises U.S. growth forecast for 2023, leaves global outlook unchanged
The International Monetary Fund on Tuesday released its latest World Economic Outlook, which revised its forecast for U.S. growth higher…
The IMF sees greater chance of a ‘soft landing’ for the global economy
The International Monetary Fund (IMF) sees better odds that central banks will manage to tame inflation without tipping the global…
Chevron Australia workers to restart strikes next week after deal talks falter
Union workers are set to go on strike at Chevron’s liquefied natural gas (LNG) facilities in Australia next Thursday, in…
How often should you wash your jeans? The Levi’s CEO settles the debate
For most pieces of clothing, it's clear they should be washed after a few wears. But jeans can be more…
Powerball jackpot leaps to $1.73 billion, second largest prize in the lottery’s history
The Powerball jackpot has soared to a whopping estimated $1.73 billion after no big winner was drawn Monday night, marking…
Kaiser Permanente workers warn of potential second strike
A coalition of unions representing thousands of Kaiser Permanente health care workers warned they will walk off the job again…
South Korean firms get indefinite waiver on US chip gear supplies to China
Samsung Electronics and SK Hynix will be allowed to supply US chip equipment to their China factories indefinitely without separate…
‘You are in the line of fire’: What it’s like to be an Israeli reporter covering the unfolding war
Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest…
Consumers starting to buckle for first time in a decade, former Walmart U.S. CEO Bill Simon warns
The draw of bargains may be fading.As three of the nation's biggest retailers kick off a key sales week, former…
Charles Feeney, retail entrepreneur who gave $8 billion to charity, dies at 92
Charles “Chuck” Feeney, a retail entrepreneur and investor who amassed a multibillion-dollar fortune and then gave it all away, has…