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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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Mortgage rates just plunged—see how much you’d pay for a house at current rates
Homebuyers finally got some relief as 30-year fixed mortgage rates dropped significantly last week.After steadily climbing for most of the…
A milk carton shortage has schools scrambling. Here’s what’s going on
Julia Galliker learned out of the blue that there was a problem with milk carton supplies. The milk that goes…
Watch Fed Chair Jerome Powell speak live to an IMF panel on monetary policy
Federal Reserve Chair Jerome Powell speaks Thursday to a monetary policy panel presented by the International Monetary Fund.The U.S. central…
Democratic Sen. Joe Manchin says he is not running for reelection
Democratic Sen. Joe Manchin of West Virginia said Thursday he will not run for reelection in 2024 — but signaled…
Ticket prices are plunging ahead of Formula 1’s next race set on the Las Vegas Strip
Ticket and hotel room prices are falling sharply in Las Vegas as the gambling mecca preps to host its first…
IRS announces new income tax brackets for 2024
The IRS on Thursday announced higher federal income tax brackets and standard deductions for 2024.The agency has boosted the income…
Powell says Fed is ‘not confident’ it has done enough to bring inflation down
Federal Reserve Chairman Jerome Powell said Thursday that he and his fellow policymakers are encouraged by the slowing pace of…
Fed Chair Powell isn’t ready to declare the end of rate hikes just yet
Federal Reserve Chair Jerome Powell is leaving the door open for additional interest rate hikes to defeat inflation, he said…
Stocks making the biggest moves midday: Affirm, Disney, Krispy Kreme, TransDigm and more
Check out the companies making headlines in midday trading. Affirm — Affirm shares jumped 17% a day after the fintech…
Violent wage protests in Bangladesh could hit top fashion brands
Bangladesh has been gripped by violent protests for two weeks, as thousands of garment workers take to the streets to…
A top LGBTQ+ advocacy org is quitting X over safety concerns
The Trevor Project, a suicide prevention organization for LGBTQ+ youth, is quitting social media site X, saying Thursday it is…
The IPO market has grown quiet again. Here’s what is behind the shift in sentiment
It's quiet out there in IPO land — very quiet.This is it: the weeks before Thanksgiving usually bring a spate…
Virgin Galactic stock surges 30% after announcing plan for cost savings
Virgin Galactic plans to pause spaceflight operations next year to focus resources on developing its next-generation Delta-class spacecraft, the company…
Another labor deal averts strike at eight more Vegas casinos
The Culinary union has reached a deal with MGM Resorts International covering 25,400 members, averting a strike at eight casinos…
United Airlines tweaks frequent flyer program to reward credit card spending
United Airlines plans to make it easier for customers to earn elite status through co-branded Chase credit cards, the latest…
IRS data reportedly shows Buffett traded Berkshire stocks in personal account, according to ProPublica
Warren Buffett reportedly traded stocks in his personal account that his conglomerate Berkshire Hathaway was buying and selling, a practice…
Apple’s fight against a $14 billion EU tax bill suffers a setback
Luxembourg — A European tribunal made legal errors when it ruled in favor of Apple over a €13 billion ($14 billion) tax…
The ‘dupe’ trend hit travel in 2023. It’s a good way to save on your next trip, experts say
Flight searches for travel 'dupes' increased in 2023Dupe is, of course, a new term that puts a spin on the…