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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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Missed out on summer travel? Airline tickets will be cheaper in the fall
Everyone you know traveled to Europe this summer, despite a jump in airfare. But don’t worry if you missed out…
Bank stocks have come to life recently. But Jim Cramer explains why the rally may not last
KeyCorp (KEY) reiterated its financials Tuesday, sending its shares higher — a rally that's been seen in the wider financial…
Apple announces iOS 17 release date
Apple on Tuesday announced iOS 17 will be available for users to download for free on Sept. 18.The company first…
France orders Apple to pull iPhone 12 off shelves for high radiation levels
Apple is fighting France’s claims that the iPhone 12 surpasses European radiation exposure limits after French regulators on Tuesday ordered…
Here’s the inflation breakdown for August 2023, in one chart
Inflation jumped in August on the back of higher gasoline prices, according to the consumer price index.But there's good news…
What is USB-C? Here’s why Apple’s charger switch is such a big deal
Apple retired its Lightning charger on Tuesday exactly 11 years to the day it was first announced. The effort marks…
Inflation continues to rise, but ‘the year-over-year numbers are pretty meaningless at this point,’ says economist—what actually matters
Inflation is on the rise again, but it may not be as bad for your wallet as it sounds.Here's what's…
American Airlines makes a drastic cut to profit forecast as fuel prices soar
American Airlines said that rising costs, including fuel, will dent its upcoming profits. The Forth Worth-based carrier said in a…
Stocks making the biggest moves premarket: Moderna, American, Spirit Air, Ford and more
Check out the companies making headlines before the bell.Moderna — Moderna shares rose more than 3% in early trading after the Centers…
August core inflation, excluding food and energy, rose 0.3%, hotter than expected
Inflation posted its biggest monthly increase this year in August as consumers faced higher prices on energy and a variety…
US consumer prices continued to rise last month — but the Fed probably won’t raise rates
US inflation accelerated in August for the second-straight month, pushed up by rising gas prices. However, core inflation, which strips…
Goldman Sachs is in the spotlight as tech firms test IPO market
The return of large tech IPOs this week after a prolonged drought isn't just a test of investors' appetite for…
Mortgage demand stalls at a level not seen since 1996
Higher mortgage rates continue to take their toll on mortgage demand, especially for refinancing.Total mortgage application volume dropped 0.8% last…
‘A spit in the face.’ Electric vehicle plans worry a Midwest auto town
Normally a new, $2.5 billion factory, complete with 1,400 expected jobs, would be considered a good thing for a local…
Bill Gates, Elon Musk and Mark Zuckerberg are meeting in Washington to discuss future AI regulations
Some of the most influential voices in the tech industry are set to meet with federal lawmakers Wednesday morning as…
China says it hasn’t issued any ban on Apple’s iPhone
China hasn’t issued any laws or rules to ban the use of iPhones or any other foreign phone brand, a…
European Union launches anti-subsidy probe into Chinese EVs
The European Commission, the executive arm of the European Union, on Wednesday launched an investigation into subsidies given to electric…
Alibaba’s new CEO embraces AI and wants a younger management team
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter, which explores what you need to know about the country’s…