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
Wendy’s newest Frosty tastes like a fan-favorite flavor
Wendy’s is entering the pumpkin spice wars. For the first time, Wendy’s is adding a pumpkin spice-flavored Frosty to its…
McConnell vows to finish Senate term despite health scares, GOP concerns
Senate Minority Leader Mitch McConnell, R-Ky., on Wednesday vowed to finish his term in office, brushing off questions about his…
US states reach tentative settlement with Google over Play Store case
Google reached an agreement in principle with US states to settle an antitrust lawsuit for its alleged conduct in the…
CEO spent his savings, 401(k) and paychecks to keep his cookware brand afloat—now it brings in over $170 million a year
This story is part of CNBC Make It's The Moment series, where highly successful people reveal the critical moment that changed the…
Texas paid bitcoin miner Riot $31.7 million to shut down during heat wave in August
During the crypto boom of 2021, Riot Platforms was raking in cash from bitcoin mining. Now the company is losing…
The US government is investigating China’s breakthrough smartphone
The United States government is seeking more information about the Huawei Mate 60 Pro, a Chinese smartphone powered by an…
Apple falls on report that China restricted iPhone use for its government officials. Here’s what the pros say
Market Movers rounded up the latest reactions on Apple from investors and analysts. The pros discussed Apple after The Wall…
Stock futures are little changed as Wall Street shifts focus back to path of interest rates
Stock futures were little changed late Wednesday as renewed concern swirled on Wall Street over the course of the Federal…
Oil could hit $107 due to Saudi Arabia’s and Russia’s supply cuts, Goldman Sachs warns
Oil prices could climb well into triple-digit territory by next year if Russia and Saudi Arabia don’t unwind their aggressive…
Stocks making the biggest moves after hours: GameStop, American Eagle Outfitters and more
Check out the companies making headlines in extended trading.GameStop — The video game retailer surged 5% after posting an increase…
Covid hospitalizations spike with new variant as school returns, U.S. readies vaccines
Covid hospitalizations are increasing substantially across much of the U.S. for the first time this year, just as students are…
‘Immaculate disinflation’ is the new economic buzzword. But what does it mean?
Economists added yet another term to their lexicon in recent months: immaculate disinflation. While there’s no official definition of immaculate…
Disney’s dispute with Charter is a lose-lose, underscoring just how broken legacy TV has become
From the Hollywood strike to streaming losses to a slower-than-expected turnaround, Walt Disney 's (DIS) carriage war with cable TV…
What China’s potential iPhone ban could mean for Club name Apple
Club holding Apple 's (AAPL) standing as an aspirational brand in China shouldn't be affected by an apparent move by…
TikTok may be looking to grow its messaging features, job listings suggest
It appears TikTok is growing its teams that work on messaging features, according to a series of job listings recently…
These stocks could be the biggest winners and losers as oil prices rally again, history shows
For investors looking to rake in profit from the recent oil rally, here are some companies that are poised to…
Trump uses Facebook to fund presidential run, two years after Meta banned him
Ever since Meta lifted its two-year ban on former President Donald Trump earlier this year, its Facebook and Instagram platforms…
Roku is laying off 10% of its workforce
Roku stock soared higher on Wednesday after the streaming service announced it would lay off 10% of its workforce –…