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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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Chinese electric carmakers ramp up push overseas, setting up clash with U.S., European auto giants
Munich, GERMANY — The IAA in Munich, Germany is one of Europe's most high-profile auto shows. And it was dominated…
The state of return-to-office policies: a post-Labor Day reset?
Some big-name employers are signaling they will get tough on enforcing their return-to-office mandates after Labor Day. Last month, Amazon…
Biden gets low marks on economy and major concerns about his age as he looks to Trump rematch, new poll shows
President Joe Biden's age and his handling of the economy are two of his greatest weaknesses as the 80-year-old incumbent…
The UK economy is bigger than we thought. It still has ‘a growth problem’
The UK economy recovered from the Covid-19 pandemic much faster than previously thought, according to major revisions of official statistics…
Harvard happiness expert: There are 3 types of friendships—here’s why you need them all
This story is part of CNBC Make It's Tools for Happiness series, which details what we learned from taking a free happiness course offered…
Mercedes unveils new electric vehicles with better range than any Tesla model
Mercedes-Benz has just unveiled new “close-to-production” concept vehicles that could outdo Tesla cars by going more than 466 miles on…
Mercedes and BMW want to take on Tesla. Check out their new electric concept cars
Mercedes-Benz and BMW took the wraps off electric concept cars as they look to catch up with Tesla in the…
September to remember or to forget? Here are things working for and against the stock market
Darn it all, we had to get overbought just when the market bulls got all of the momentum. OK, plus…
US unions have flexed their muscle this past year. Are they winning?
Since last year’s Labor Day, US unions have flexed their muscle in a way not seen in decades. They’ve scored…
Americans say these 3 things define wealth—none of them require making a lot of money
What makes you assume someone is wealthy?An outfit dripping with designer labels might be an indicator or perhaps you have…
‘The Equalizer 3’ tops the US box office on opening weekend
“The Equalizer 3,” Denzel Washington’s third go as brooding assassin Robert McCall, debuted at the top of the US box…
The Fed cares a lot about jobs data — but it may be getting mixed signals
According to private payroll processor ADP, US employers hired 455,000 new workers in June. Meanwhile, in its monthly tally, the…
Moutai coffee, anyone? Luckin is adding the fiery liquor to its lattes
Luckin Coffee has joined forces with Kweichow Moutai, the maker of China’s fiery national liquor baijiu, for an unusual offering:…
‘Very stupid’: Italy’s bank tax remains controversial as government scrambles to update it
Italy's shock tax on banks continues to prove controversial, even as the government insists it can improve it.Europe's main bank…
Germany is the ‘sick man of Europe’ — and it’s causing a shift to the right, top economist says
Germany is once again the "sick man of Europe," according to Hans-Werner Sinn, president emeritus at the Ifo institute, and…
Hong Kong property stocks surge as China takes action to revive property sector
Hong Kong-listed property stocks surged on Monday, leading gains on the Hang Seng Index and powering the benchmark to be…
Country Garden gets ‘near-term reprieve’ after bondholders agree to extend debt payment
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter, which explores what you need to know about the country’s…
BMW, Mercedes launch biggest EV push yet to catch Tesla with new models
MUNICH, Germany — BMW and Mercedes are making their biggest push yet into electric cars in a bid to fend…