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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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The Fed is terrified Americans could get used to high inflation. It may already be happening.
A worrisome sign for the Federal Reserve is starting to emerge. The Fed keeps a close eye on several risks…
Taylor Swift’s postponed Argentina show prompts airline to waive flight-change fees
Like hurricanes, blizzards or wildfires, Taylor Swift is now prompting an airline to waive ticket-change fees.The popstar said she was…
Gina Raimondo seeks better ties with China amid tensions over tech, Taiwan
Ahead of high-stakes meetings next week between the United States and China, US Commerce Secretary Gina Raimondo dismissed the notion…
This was a massive week for AI
This was arguably the most momentous week for artificial intelligence since the launch of ChatGPT last year. OpenAI unveiled the…
New fund bets big on Eisenhower-era stocks
Investors concerned about the market may want to consider stocks that have stood the test of time — otherwise known…
The wildest moments of WeWork’s rise
WeWork officially filed for bankruptcy this week, a seemingly inevitable development for the coworking startup which once promised to revolutionize…
$29 flights are back as airlines race to fill seats in the off-season
FORT WORTH, Texas — Airlines have a record 260 million seats to fill this quarter, and to do it, they're…
The US minimum wage has been $7.25 since 2009. What that means for the economy
Ken Rose, a restaurateur and chef in Sandy, Utah, said that though he has always paid his employees above his…
Ripple CEO says SEC has lost sight of mission to protect investors
The CEO of blockchain company Ripple has some strong words for the U.S. Securities and Exchange Commission.Brad Garlinghouse told CNBC's…
What’s open and closed on Veterans Day 2023
Veterans Day honors active and former US service members. Usually, the federal holiday is celebrated on November 11. However, since…
More than 1,600 Jewish Harvard alumni threaten to withdraw donations over antisemitism concerns
More than 1,600 alumni of Harvard University say that they will withhold donations to the school until Harvard takes urgent…
Huawei launches its rival to Tesla’s Model S
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter, which explores what you need to know about the country’s…
Ransomware attack on China’s biggest bank may have hit US Treasury market
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s…
Detained, missing or under investigation: Business leaders in China face an ‘aggressive’ crackdown
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s…
Brazen ransomware attack on US unit of Chinese banking giant has financial sector on alert
A ransomware attack on a US unit of the powerful Industrial and Commercial Bank of China that may have contributed to…
Moody’s sends a warning to America: Your last AAA credit rating is at risk
The United States is one step closer to losing its last perfect credit rating after Moody’s Investors Service changed the…
Civil rights complaints allege UPenn and Wellesley allowed antisemitism to ‘run rampant’
A Jewish legal rights advocacy group has alleged that the University of Pennsylvania and Wellesley College have violated federal civil…
‘T-bill and chill’: Why Jack Bogle’s strategy of ‘lazy’ investing is making a comeback
Boring investing is making a comeback.With the meme-stock rally in the rearview mirror and interest rates surging, individual investors are…