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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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Olive oil prices surge over 100% to record highs, sparking cooking oil thefts
Olive oil prices spiked to fresh records as severe droughts in major producing countries crimp supplies — and drive up thefts…
Australia’s first female central bank chief takes charge as cost of living crisis rages
Australia’s new central bank chief, Michele Bullock, took the helm Monday after a firestorm of criticism over rising living costs…
China VCs have a big problem — and it’s not just a drop in U.S. investor appetite
BEIJING — In the years since Alibaba's U.S. listing in 2014, early-stage investing has drawn tens of billions of dollars…
‘Argentina on the Channel.’ Mark Carney and Liz Truss clash over UK economy
When Liz Truss was briefly Britain’s prime minister a year ago, the world’s sixth-largest economy came close to resembling Argentina,…
Homebuilder confidence continues to be weighed down by high mortgage rates
Home builder confidence took a hit in September as average mortgage rates for a 30-year fixed-rate loan stayed above 7%.…
California Governor Newsom says he’ll sign bill requiring large companies to report emissions
California Governor Gavin Newsom says he will sign a bill that will require large businesses to account for their carbon…
Square CEO Alyssa Henry is stepping down, and Jack Dorsey will take over for now
Alyssa Henry, the CEO of Square – a unit of Jack Dorsey’s fintech company, Block – will leave her post…
Striking unions impacting the economy at a level not seen in decades
The auto workers' strike is the latest in a series of labor-management conflicts that economists say could start having significant…
Instacart prices IPO at $30 a share, valuing grocery delivery company at about $10 billion
Instacart, the grocery delivery company that saw its business boom during the pandemic, priced its long-awaited IPO at $30 a…
Dominion’s $1.6 billion defamation suit against Newsmax over election lies set for September 2024 trial
Dominion Voting Systems’ $1.6 billion defamation lawsuit against Newsmax over the right-wing network’s airing of 2020 election lies is scheduled…
Bernstein initiates coverage of Arm as underperform Monday. Here’s what the pros are saying
Market Movers rounded up the latest reactions on Arm Holdings from Jim Cramer and Virtus Investment Partners' Joe Terranova. Cramer…
28-year-old’s side hustle makes $180 an hour, more than doubling his income: How it ‘snowballed’ into a six-figure salary
Carter Osborne just wanted to make some extra cash. He never dreamed his side hustle, advising high school seniors on…
Government shutdown would leave the Fed flying blind
In the event of a US government shutdown, the Bureau of Labor Statistics says it will stop releasing data, including…
Pay secrecy norms have ‘simply lost their teeth,’ say experts. Here’s why
Pay transparency is on the rise for job applicants — and momentum suggests that trend will continue, experts said.In August,…
Elon Musk says Twitter, now X, is moving to small monthly subscription and has 550 million users
Elon Musk discussed his plans for Twitter, now called X, on Monday during a livestreamed conversation with Israeli Prime Minister…
ABC adds 10 more ‘Monday Night Football’ games to help plug the hole left by Hollywood strikes
“Monday Night Football” is back on ABC because of the ongoing strikes disrupting Hollywood. The Disney-owned network announced Monday that…
Morgan Stanley says buy these defensive growth stocks as economy disappoints
In an uncertain market environment, Morgan Stanley thinks investors can regain confidence with some large-cap defensive stocks. The firm screened…
The UAW is playing with fire. Jim Cramer says Ford could be forced to flip the script
The United Auto Workers strike entered Day 4 on Monday, and both sides remained far apart on pay hikes. Club…