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
Latest news on Gaza and Israel-Hamas conflict
How did Israel and the U.S. miss what Hamas was planning?The surprise attack by Hamas on Israel suggests a massive intelligence failure as the…
Colombian billionaire takes control of UK’s struggling Metro Bank
Jaime Gilinski Bacal, a Colombian banking and real estate entrepreneur, has taken control of Metro Bank as part of a…
Israel’s central bank sells $30 billion in foreign reserves after shekel slides to seven-year low
The Bank of Israel on Monday announced it will sell up to $30 billion in foreign reserves in a bid…
UAW workers will strike after rejecting deal with Mack Trucks
The United Auto Workers (UAW) says its members have voted to reject a tentative agreement with Mack Trucks and will…
$1.55 billion Powerball Jackpot is up for grabs in Monday night’s drawing
The Powerball jackpot swelled to an estimated $1.55 billion for Monday night’s drawing after weeks with no grand prize winner.…
China’s domestic tourism is finally back to pre-pandemic levels
BEIJING — China's big "Golden Week" holiday saw domestic tourism rebound to around pre-pandemic levels, while overseas travel had yet…
China responds to Israel-Hamas conflict with a call to ‘end the hostilities’
BEIJING — China called for a ceasefire in the Israel-Hamas conflict — and for "establishing an independent State of Palestine,"…
Oil rises, US stock futures drop on turmoil in the Middle East
Oil prices surged and US stock futures fell on Sunday night in their first reaction to Israel’s war with Hamas.…
How I’m approaching the market in the wake of the attack on Israel
It's terrible to be clinical after watching horrifying pictures and having real feelings about the tragedy in Israel this weekend.…
Oil prices jump 4% after Hamas attack on Israel
Oil prices jumped 4% as the Israel-Hamas conflict extended into its third day following a surprise attack on Israel by…
Stocks to bet on China’s economic future after the real estate pain ends
China is not heading toward Japan-style stagnation because the government is behind the latest property slump, Yao Yang, dean of…
Cities are fighting back against overtourism: Venice, Amsterdam, Bali
From overtourism to no tourism — and back again.Many cities have come full circle to worrying about too many tourists…
Mark Cuban says he only felt successful for the first time at age 28: My dad ‘broke down in tears and started sobbing’
Billionaire investor Mark Cuban vividly remembers the moment he finally felt successful — because he spent so many years beforehand…
Dow futures fall 100 points after Hamas attack against Israel
Stock futures were lower on Sunday as the attack on Israel by Palestinian militants adds geopolitical risk to an already…
Nobel Prize winner Katalin Karikó raised a two-time Olympic gold medalist: Here’s her No. 1 piece of parenting advice
On Monday, Katalin Karikó won the Nobel Prize in Physiology and Medicine. Her research with Drew Weissman, with whom she…
This in-demand remote job pays up to $250 an hour and doesn’t require a degree
If you want to earn six figures while working from home, consider a job in marketing. The Covid-19 pandemic spurred new…
What’s open and closed on Columbus Day and Indigenous Peoples’ Day
Americans celebrate Indigenous Peoples’ Day and Columbus Day on the second Monday of October each year. Indigenous Peoples’ Day recognizes…
A rare Apple downgrade — and the price move after — is why we don’t market time
This week's rare Wall Street downgrade of Apple (AAPL) is the perfect example of why we don't try to time…