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
Where things stand on Day 5 of auto strike: A new deadline, another strike delayed
The United Auto Workers union’s already unprecedented strike against General Motors, Ford and Stellantis could soon get even bigger. As…
Here’s everything the Fed is expected to do Wednesday
As often has been the case, this week's Federal Reserve meeting will be less about what policymakers are doing now…
Christmas is on hold: Stores’ holiday hiring plans are the lowest since 2008
Santa may be a little short on helpers this Christmas. America’s retailers are expected to add just 410,000 seasonal positions…
Amazon is hiring 250,000 employees for the holiday rush. How the pros say to play it
Market Movers rounded up the latest reactions on Amazon from investors and analysts. The pros, including Jim Cramer , discussed…
Gas is rapidly approaching $6 in one state
Pain at the pump is returning across the United States, especially on the West Coast. In California, gas prices are…
House GOP pulls key vote to advance stopgap government funding bill
The House of Representatives canceled a scheduled key procedural vote Tuesday on a temporary government funding bill hashed out by…
This account is like an ‘extra strength’ Roth IRA, advisor says. Here’s when to use it
For savers, choosing how to best allocate money among a stream of account types may seem an impossible task.There are…
Fortnite players can now apply for a portion of its $245 million FTC settlement
Millions of Fortnite users can now claim their small part of the $245 million that the game’s parent company agreed…
Instacart shares start trading on Nasdaq at $42, valuing grocery delivery company at about $14 billion
Instacart shares popped 40% in their Nasdaq debut on Tuesday, opening at $42, after the grocery delivery company's long-awaited IPO.The…
Live sports is coming to Max streaming service in time for the MLB playoffs
Live sports is coming to Max. Warner Bros. Discovery announced Tuesday it will launch a live sports tier on its…
Stocks making the biggest moves midday: Instacart, Disney, Planet Fitness, Rackspace and more
Check out the companies making headlines in midday trading.Starbucks — Shares fell 2% in midday trading following a downgrade to…
Meet Airbnb’s official party pooper, who reduced partying by 55% in two years
Naba Banerjee is a proud party pooper. As the person in charge of Airbnb's worldwide ban on parties, she's spent more…
Bankrupt Birmingham braces for cuts as UK government takes control
The UK government has moved to take control of the country’s second biggest city, Birmingham, after the local council effectively…
FTX sues Sam Bankman-Fried’s parents, aims to claw back some of the $26 million in gifts and property
Bankrupt crypto exchange FTX is looking to claw back luxury property and "millions of dollars in fraudulently transferred and misappropriated…
Amazon adding 250,000 workers for the holidays and bumping average pay
Amazon said Tuesday it's hiring 250,000 employees in the U.S. to help manage the holiday rush. It's also bumping the…
What to expect from this week’s Fed meeting
The Federal Reserve is expected to hold its benchmark lending rate steady this week as it waits for more data…
I lived like a monk for 48 hours, and it helped me break 3 of my worst habits—here’s how
It's unusual for me to go 48 seconds without talking or checking my phone, let alone two days.I was inspired…
Jim Cramer says weakness in this entertainment stock is an opportunity to buy
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a…