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
46-year-old turned 400 of his employees into millionaires by selling his startup for $3.7B: ‘These are life-changing outcomes’
When Jyoti Bansal made "the hardest decision" of his career — selling his software startup AppDynamics for billions — he…
Buttigieg claps back at Elon Musk for false claims about Helene federal response
Transportation Secretary Pete Buttigieg spoke directly to Elon Musk Friday on the billionaire's X platform, part of an effort to…
Stellantis sues UAW in US federal court over strike threats
Chrysler parent Stellantis filed a federal lawsuit against the United Auto Workers, saying the union has violated its contract by threatening to…
Stocks making the biggest moves midday: Hims & Hers Health, Joby Aviation, Levi Strauss and more
Check out the companies making headlines in midday trading. EVgo — Shares soared nearly 61% after the electric vehicle charger…
Panic buying amid U.S. ports strike is creating supermarket supply concerns
As the East and Gulf Coast ports strike continues for a third day on Thursday, consumer fears over product shortages…
Striking port workers to return to work Friday as negotiators reach an agreement on wages
Striking members of the International Longshoremen’s Association will be back to work at the ports on Friday, the union announced…
No need to sell this AI data center play ahead of earnings — and updates on 3 more industrial stocks
Deutsche Bank is striking a cautious tone on Dover 's stock ahead of the industrial conglomerate's upcoming earnings report. Jim Cramer is…
Levi Strauss trims guidance as it weighs sale of Dockers business
Denim-crazed consumers are turning to Levi Strauss & Co for new jeans, but the company's overall business is being dragged…
43 million watched Walz-Vance VP debate, in significant drop from 2020 matchup
It was a calmer, more civil debate – and a less popular one overall. The vice presidential debate between Tim…
4 reasons for the tech selling Tuesday — and why we’re not changing our view on the group
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time…
How major retailers Amazon, Best Buy, Costco, Home Depot prepared for the port strike
The International Longshoremen's Association (ILR), representing about 45,000 dockworkers, initiated its first large-scale strike in 47 years — disrupting supply…
Trump backs out of ‘60 Minutes’ primetime interview, CBS says
Former President Donald Trump has backed out of a previously scheduled interview with “60 Minutes,” the most-watched newsmagazine in the…
36-year-old’s Etsy side hustle brings in up to $54,000 a month, takes 10 hours a week—it paid off her student loan debt
Emily Odio-Sutton started her Etsy side hustle on her couch while watching a "Real Housewives" TV show in December 2022.…
AI chipmaker Cerebras files for IPO to take on Nvidia
Artificial intelligence chip startup Cerebras Systems on Monday filed its prospectus for an initial public offering, with plans to trade…
Audacy completes its financial restructuring and now plans to go private
Radio network Audacy on Monday shared that it completed its financial restructuring, successfully reducing its approximately $1.9 billion of funded…
Hurricane Helene death toll continues to climb as states survey flood, wind damage
States across the Southeastern U.S. started a massive cleanup and recovery effort on Sunday after winds, rain and storm surges…
Japan’s Nikkei falls more than 4%, CSI 300 gains nearly 4% as investors assess China data
Japan's Nikkei 225 tumbled over 4% Monday, while Australia stocks hit a fresh high ahead of key economic data from…
Brian Williams is set to anchor election night coverage on Prime Video. Is Amazon getting into live news?
Amazon attracts millions of live viewers for Thursday Night Football games. The company also carries A-list concert performances and a…