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
SAG-AFTRA actors’ union reaches tentative labor agreement with Hollywood studios
Hollywood's actors and studios have a preliminary labor agreement.Talks between Screen Actors Guild-American Federation of Television and Radio Artists and…
Actors union reaches tentative deal with Hollywood and TV studios
Hollywood actors have reached a tentative agreement with the major film and television studios to end a strike, the actors…
‘Like something out of a Hollywood movie’: Scientists say 2023 likely to be the hottest year on record
An extraordinary run of global temperature records means that 2023 is now "virtually certain" to be the warmest year ever…
S&P 500 notches eighth straight win as US markets close mixed
US stocks ended the day mixed on Wednesday with investors focused predominantly on a flurry of corporate earnings reports in…
HSBC to launch storage services for tokenized securities as more big banks warm to blockchain
HSBC on Wednesday announced it will offer custody services for tokenized securities, making the British bank the latest major institution…
Ivanka Trump testifies in $250 million civil fraud trial after ex-president’s angry appearance
Ivanka Trump, the eldest daughter of former President Donald Trump, testified Wednesday in the $250 million civil fraud trial that…
US medical supply chain remains at risk of ‘manipulation’ by China’s Communist Party, say lawmakers
A pair of Republicans leading powerful House committees are calling for the Department of Veterans Affairs to speed up efforts…
Why market timing doesn’t work: S&P 500 is up 14% this year, but just 8 days explain the gains
The S&P 500 is up 14% this year, but just eight days that explain most of the gains. If you want…
Disney expands cost-cutting plan by $2 billion, posts better-than-expected profit
LOS ANGELES — Disney earnings topped expectations thanks in part to profit at ESPN+ and continued growth at theme parks,…
Los Angeles County to pay $700,000 to reporter who was slammed to ground and arrested while covering a protest
Los Angeles County has agreed to pay $700,000 to a public radio reporter who was slammed to the ground and…
This S&P 500 stock has the highest return over the past 20 years—it’s not Apple or Tesla
Investors, stop us if you've heard this one before: Past performance is no guarantee of future results.It's a good mantra…
Amazon adds a new reason to get and keep Prime: member discounts on health-care services
Amazon (AMZN) said on Wednesday that it's offering Prime members a discount on its new health-care service — another perk…
Disney plans to slash costs by another $2 billion as it aims to make streaming profitable
The Walt Disney Company missed Wall Street’s expectations Wednesday when the company reported weaker-than-expected revenue for the past quarter. “Our…
18-year-old got hired as a Google engineer—his dad shares his No. 1 parenting rule: I take a ‘hands off approach’
Stanley Zhong isn't your typical 18-year-old. He's not your typical Google software engineer, either.Zhong graduated from Gunn High School in…
Social Security’s trust funds may run out in 2034. These changes may help
The clock is ticking for Congress to shore up Social Security benefits.The latest projections from Social Security's actuaries show the…
Mark Zuckerberg personally rejected Meta’s proposals to improve teen mental health, court documents allege
Meta CEO Mark Zuckerberg has personally and repeatedly thwarted initiatives meant to improve the well-being of teens on Facebook and…
Eli Lilly receives approval for its weight-loss drug. But here’s what could boost the stock next
Shares of Eli Lilly (LLY) jumped Wednesday after the U.S. government gave the green light for the company's blockbuster GLP-1…
Don’t just press ‘connect’ when adding people on LinkedIn: ‘All it shows is that you were able to push a button,’ says expert
LinkedIn offers tremendous networking opportunities. The site has more than 985 million members worldwide, according to its "about us" page.…