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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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Covid spooked older customers away from Cracker Barrel and Olive Garden. Some aren’t coming back
Even the unlimited breadsticks at Olive Garden and wooden rocking chairs at Cracker Barrel can’t seem to lure back the…
Ukraine leader Zelenskyy meets with Biden, Congress as some Republicans sour on support
WASHINGTON — President Joe Biden welcomed Ukrainian President Volodymyr Zelenskyy to the White House on Thursday as the embattled leader…
Where key issues stand as UAW closes in on extended strikes against GM, Ford and Stellantis
DETROIT — With a deadline for expanded strikes by the United Auto Workers against the Detroit automakers closing in, the…
Who is Lachlan Murdoch, the new chairman of Fox and News Corp?
Lachlan Murdoch, the eldest son of Rupert Murdoch, has been anointed to take over his father’s vast media empire, capping…
Here’s why we like Broadcom so much, especially after Google shot down a damaging report
We started buying semiconductor giant Broadcom (AVGO) last month and added to our position a few times since it reported…
Saudi crown prince says he will keep ‘sportswashing’ as criticism of the practice grows
Saudi Arabia's Crown Prince Mohammed bin Salman embraced accusations of "sportswashing" to rehabilitate the country's image, as the kingdom beefs…
Face of the iconic Hawaiian Airlines logo has died
The “face” of the Hawaiian Airlines logo, which has decorated the tails of its airplanes for decades, has passed away.…
Cramer: Buy stocks now to catch the rally when the Fed ends its tightening cycle
Our September meeting comes at a difficult time for the stock market. We have macro headwinds for so many companies,…
Mortgage rates linger above 7% for another week
US mortgage rates remained flat this week, hovering over 7%, where they’ve been for six consecutive weeks as inflation pressures…
McCarthy fails key House stress test as he seeks government shutdown stopgap
WASHINGTON — House Speaker Kevin McCarthy failed a crucial test Thursday of his ability to unite his fractured Republican caucus…
Stocks making the biggest moves midday: Splunk, Cisco, Broadcom, Fox and more
Check out the companies making headlines in midday trading.Cisco Systems, Splunk — Shares of Cisco fell 4.2% Thursday after the…
Looking for work? Here’s where employers have to tell you what they’re willing to pay
New York State is the latest jurisdiction to implement a pay disclosure law that requires employers to list salary ranges…
Interest rates have stopped rising. Is the inflation fight over?
Central bankers have had to climb a metaphoric mountain over the past two years in the battle to control runaway…
Russia curbs gasoline and diesel exports to ease shortages
Russia has introduced a temporary ban on exports of gasoline and diesel to all countries except four ex-Soviet states in…
Home prices continued to climb in August, even as sales dropped
Home prices continued to climb in August, even as home sales dropped, a result of the low inventory of homes…
Stocks making the biggest moves premarket: FedEx, KB Home, Klaviyo and more
Here are the stocks making notable moves before the opening bell.FedEx — Shares gained more than 5% after fiscal first…
Live sports is migrating to streaming, taking with it a superpower of the cable TV bundle
Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest…
India suspends visa services in Canada as diplomatic crisis escalates
India suspended visa applications in Canada on Thursday, escalating the festering diplomatic crisis between the two countries.The recent feud was…