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
Shrink and theft losses near $1 billion at Lowe’s — here’s how much they’re costing other retailers
A range of retailers are again blaming shrink as one of the reasons they saw another quarter of lackluster profits.But…
Disney agrees to $9.5 million settlement over Magic Key annual pass dispute
The Walt Disney Company agreed to pay $9.5 million to settle a class-action lawsuit that accused the entertainment giant of…
Investors should know these two risks: ‘It’s kind of like yin and yang,’ says advisor
There are two kinds of risk that investors should understand when building a portfolio: risk tolerance and risk capacity.They describe…
Graham defiant after Trump grand jury report recommended charges: ‘I’ll do the same thing’
The full special grand jury report that led to the criminal indictment of former President Donald Trump and 18 others…
Logistics startup rescinds dozens of job offers amid messy executive drama
Flexport founder Ryan Petersen said his supply chain management firm would rescind dozens of job offers just days before many…
Gilead Sciences could jump nearly 30% as biopharma bounces back, says Bank of America
The biopharmaceutical sector is poised to bounce back this year, and Gilead Sciences could be a key beneficiary, according to…
Apartment rents are on the verge of declining due to massive new supply
Apartment rents have been cooling off sharply for several months, and they look like they're about to go negative compared…
Walmart cut starting pay for some new jobs
Walmart, America’s largest private employer, is paying some new hires less than it would have earlier in the year in…
Jim Cramer says this legacy tech stock is the ‘star of the show’ in AI. Here’s what to expect from its earnings
Oracle's (ORCL) quarterly results Monday evening should brighten the spotlight on the Club holding's still-under-the-radar artificial intelligence capabilities. Wall Street…
Stellantis offers 14.5% pay increase to UAW, days before possible strike
Stellantis on Friday offered significant four-year wage increases to its hourly workers represented by the United Auto Workers, as it…
Texas heat wave: US Energy Department declares power emergency
The US Energy Department has issued an emergency order aimed at keeping the lights on in Texas as the state’s…
Stocks making the biggest moves midday: Kroger, DocuSign, Planet Labs, First Solar and more
Check out the companies making headlines in midday trading.Hudson Pacific Properties — The California-based commercial real estate company slid 4.2%…
Flexport founder publicly slams his handpicked successor for excessive hiring, rescinds offers
Two days after returning to run Flexport, founder Ryan Petersen said on Friday that his logistics company will rescind 55…
Google to require disclosures of AI content in political ads
Starting in November, Google will require political advertisements to prominently disclose when they feature synthetic content — such as images…
FAA orders Musk’s SpaceX to take 63 corrective actions on Starship, keeps rocket grounded
The Federal Aviation Administration on Friday said Elon Musk's SpaceX must keep its Starship Super Heavy rocket grounded, saying the…
Taylor Swift is single handedly giving a boost to hotel industry revenue
Taylor Swift is providing a gold rush for the hotel industry.The "Cruel Summer" singer's attention-grabbing "Eras" tour has pushed up…
The US dollar is king again. Here’s why
The US dollar is enjoying its longest winning streak in nearly nine years. The greenback was heading for its eighth-straight…
‘A rapidly closing window:’ Major UN report offers sobering assessment of world’s climate efforts
The fight to secure a livable future for everyone on Earth requires much more urgent climate action — and only…