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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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Spain’s right-wing leader fails in first bid to become prime minister
Spain's right-wing opposition leader Alberto Núñez Feijóo on Wednesday failed to gain the absolute majority of parliamentary votes needed to…
U.S. Latino economic output grows to $3.2 trillion, according to new study
The U.S. Latino economy continues to grow, reaching $3.2 trillion in 2021, up from $2.8 trillion the year prior, according…
Morgan Stanley says this toy stock is a top pick that can rally more than 25%
Toymaker Mattel can shine even as the environment for consumer companies looks shaky, according to Morgan Stanley. Analyst Megan Alexander…
Britain approves huge, controversial oil and gas field in the North Sea
The British government approved the development of a huge oil and gas field in the North Sea Wednesday, sealing its…
Bitcoin miners beef up Texas operations ahead of extinction-level event, exclusive data shows
Crypto winters don't scare Kevin Zhang, who has been in the business of mining bitcoin for ten years. He's lived…
The U.S. is weaker now than when we downgraded in 2011, former S&P ratings chairman says
The U.S. is in a weaker position now than when S&P downgraded its sovereign credit rating in 2011, according to…
Evergrande stock crashes again as fears of collapse grow
Shares of Evergrande Group crashed again on Wednesday as fears grew of a potential liquidation of the company, the poster…
UK gives approval for controversial Rosebank oil and gas field development
LONDON — British regulators on Wednesday gave approval for Norway's energy giant Equinor to develop the controversial U.K. offshore Rosebank…
Culinary and Bartenders Unions in Las Vegas vote to authorize a strike
The Culinary Workers Union Local 226 and Bartenders Union Local 165 voted Tuesday to authorize a strike, they said in…
White House warns lengthy government shutdown may ‘substantially disrupt’ restart of student loan bills
Two big events could soon coincide: The U.S. federal government is poised to shut down just as student loan bills…
Levi’s Strauss CEO says his biggest mistake was not firing the wrong people fast enough
Pedestrians walk past a Levi's store in Midtown Manhattan.Sopa Images | Lightrocket | Getty ImagesThe CEO of the world's most…
AI deals give investment banks a glimmer of hope
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign…
McDonald’s is adding two new sauces
McDonald’s is spicing up its sauces. Beginning October 9, the fast food chain is adding two new dipping sauces to…
New York Fed: Many Buy Now, Pay Later users are financially fragile
Buy Now, Pay Later installment payment offerings appear to be disproportionately used by people facing financial difficulties, raising concerns about…
JPMorgan agrees to pay $75 million to settle lawsuit with US Virgin Islands government over alleged Jeffrey Epstein trafficking ties
JPMorgan Chase has reached a settlement with the US Virgin Islands over a lawsuit alleging the bank enabled Jeffrey Epstein’s…
The Hollywood writers’ strike is over
The Hollywood writers strike is finally over after 148 days. Leaders of the Writers Guild of America have unanimously voted…
This is the world’s fastest growing economy, and it could grow an ‘explosive’ 100%
The world's fastest growing economy may be on track to grow by more than 100% by 2028, largely fueled by…
26-year-old tech CEO found dead in Baltimore with signs of blunt-force trauma
The Baltimore Police Department has announced an arrest warrant for a suspect wanted for the murder of Pava LaPere, the…