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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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Fed’s Susan Collins expresses support for holding interest rates high
Boston Federal Reserve President Susan Collins expressed support Friday for keeping interest rates elevated as the battle against too-high inflation…
‘I don’t care’: ‘Sportswashing’ comments from Saudi crown prince spark anger from rights groups
Saudi Crown Prince Mohammed bin Salman lit up social media with his blunt response to accusations that his government is…
Amazon is bringing ads to Prime Video and will charge you to avoid them
Amazon is joining other streaming services and inserting ads into its programming. Beginning next year, shows and movies on its…
The ‘Great IPO Reopening’ may be on hold: rising rates and weaker stocks are a killer
The Great IPO Reopening may be on hold: rising rates and lower stocks are an IPO killer. A combination of still-high…
Stocks making the biggest moves premarket: AstraZeneca, Wayfair, Alibaba and more
Check out the companies making headlines in early trading.AstraZeneca — Shares of the British pharmaceutical company gained more than 2.7%…
Here’s why it’s gotten so much harder to get a loan in the US
Cheryl Magnusson and her husband wanted to borrow money for a home renovation project earlier this year. They didn’t expect…
It was a big week for interest rates. Here’s what you need to know
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign…
The Nagorno-Karabakh crisis raises serious questions for Russia — and the West
A short-lived military operation in the disputed Nagorno-Karabakh region appears to have paved the way for Azerbaijan to take full…
McDonald’s to raise royalty fees for new franchised restaurants for first time in nearly 30 years
McDonald's franchisees who add new restaurants will soon have to pay higher royalty fees.The fast-food giant is raising those fees…
Rupert Murdoch, a kingmaker in GOP politics, enriched himself as he poisoned America
Rupert Murdoch’s reign over the insidious right-wing media kingdom he forged into existence over a decades-long career is coming to…
Cramer gives six reasons investors are currently selling off
CNBC's Jim Cramer on Thursday proposed six reasons why investors are selling and bringing the market down."Some of them make…
Shares of YG tumble over 13% after report three Blackpink members will not renew contracts
Shares of K-pop agency YG Entertainment tumbled 13.28% on Thursday after South Korean media reported that three of the four…
Another top Silicon Valley investor is splitting off its China business as pressure mounts
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s…
Foodpanda confirms layoffs, says it’s in talks to sell part of Asia food delivery business
Singapore-headquartered food delivery service Foodpanda on Friday confirmed to CNBC that it is conducting its latest round of layoffs as…
Apple’s iPhone 15 launches in China with people flocking to stores — even as Huawei revival emerges
BEIJING — People flocked to a flagship Apple store in downtown Beijing on Friday morning to pick up the latest…
Britain says may clear restructured Microsoft-Activision deal
Microsoft’s restructuring of its proposed acquisition of Activision Blizzard “opens the door” to the deal being cleared, Britain’s antitrust regulator…
The U.S. dollar just formed a ‘golden cross,’ which could cause trouble for the rest of the globe
The U.S. dollar crossed another key milestone after the Federal Reserve reiterated its commitment to higher rates, and that could…
China relaxes capital controls to entice badly needed foreign investment
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s…