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
Investors see 2023 gain as a bear market bounce and expect a recession next year, CNBC survey shows
A majority of Wall Street investors haven't taken solace in stocks' 2023 gains, thinking the market could retreat further as…
Meta announces new Quest 3 VR headset as Apple competition looms
Meta announced Quest 3, a sequel to the bestselling VR headset of all time, on Wednesday.The device, starting at $499,…
America’s emergency oil reserve is at a 40-year low — and that could inflate oil prices, Goldman Sachs says
America’s emergency oil stockpile has plunged to 40-year lows. The shrinking Strategic Petroleum Reserve is limiting Washington’s ability to shield…
Landmark marijuana financing bill clears big hurdle in the Senate
A new bill that aims to give the marijuana industry access to banking services moved forward in the Senate on…
Stocks making the biggest moves midday: Costco, Paramount, MillerKnoll, ChargePoint and more
Check out the companies making headlines in midday trading.Media stocks — A handful of media and studio stocks rose Wednesday…
X has ditched a political misinformation reporting feature, researchers say
X, the social media company formerly known as Twitter, has scrapped a feature that lets users self-report political misinformation on…
Binance to sell Russia business for undisclosed amount
Cryptocurrency exchange Binance said on Wednesday it will sell its Russia business to newly-launched exchange CommEX, becoming the latest company…
What Cramer thinks a potential government shutdown, auto strike mean for equities
Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. Here's a…
Heinz creates ‘Ketchup and Seemingly Ranch’ condiment for Taylor Swift
Not even bottled ketchup is immune from the excitement of the possible romance between Taylor Swift and Travis Kelce. Heinz…
If you use any of these 9 phrases, you have ‘better etiquette skills’ than most: Public speaking expert
Actions may speak louder than words, but words still matter — a lot. People can get easily offended, and if…
Flexport fires CFO, HR chief departs weeks after sudden ouster of Dave Clark as CEO
Three weeks after Flexport founder Ryan Petersen fired Dave Clark as CEO and returned to run his supply chain software…
London is suffering an office ‘recession.’ Meta just paid $181 million to dump a lease
London’s office market has plunged into a “rental recession,” with the share of empty space hitting its highest level in…
Fed’s Neel Kashkari isn’t sure if interest rates are high enough to stop inflation
Minneapolis Federal Reserve President Neel Kashkari said Wednesday he's unsure whether the central bank has raised interest rates enough to…
A ‘dark-horse’ Republican candidate could emerge as Trump’s legal problems mount, ex-U.S. ambassador says
A growing legal headache for early frontrunner Donald Trump could pave the way for a "dark horse" Republican presidential candidate…
Gen Xers are next in line for retirement. Many haven’t saved nearly enough
Gen Xers are now in their 40s and 50s and account for about a fifth of the US population. But…
Deutsche Bank trims Tesla price target, cites risks to the electric vehicle maker’s prospects going forward
In addition to a third-quarter miss, Deutsche Bank sees "meaningful downside risk" to Tesla 's 2024 consensus expectations due to…
Stocks making the biggest moves premarket: Levi Strauss, Costco, ChargePoint, Mattel and more
Check out the companies making headlines in premarket trading.Sirius XM — Shares of the media company fell roughly 2% in…
UBS shares rattled by report of US probe into Russia sanctions evasion
Shares of UBS plunged Wednesday following a Bloomberg report that the Swiss bank faces a widening probe by the US…