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
A meteoric rise in worker health costs has slowed — but they’re already ‘egregious,’ advisor says
Costs for some key health insurance components have slowed for workers in recent years. While the deceleration is a positive…
Mark Cuban gave these ‘Shark Tank’ founders $225,000—a year later, their revenue quadrupled to $1.1 million
When Whitney and Chaz Gates' annual sales more than quadrupled in less than a year, they credited their lead investor:…
Meet the guy in charge of deciding how to spend $1.2 trillion from Biden’s infrastructure bill
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign…
China’s truck industry is buying more driver-assist technology
BEIJING — China's truck industry is finding more reasons to buy vehicles with assisted-driving technology.It's a critical step toward monetization…
China is ‘absolutely booming’ in this sector, says Standard Chartered
China's economic recovery story has been a largely disappointing one, but the economic powerhouse is seeing stellar growth in one…
George Stephanopoulos grilled a GOP congressman on the 2020 election. Here’s why he said it had to be done
Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling the…
Fenway chairman confirms talks with PGA Tour as doubts grow about LIV Golf deal
Fenway Sports Group Chairman Tom Werner on Monday acknowledged that the company has held talks with the PGA Tour as…
3 things you can learn about taxes from San Francisco 49ers’ Arik Armstead’s paycheck
1. Know where your dollars are goingIn the era of direct deposit and electronic records, it's easy to let months…
Optus outage affects millions of Australians, phone and internet connections still down
Millions of Australians were left without a phone or internet connection on Wednesday after the country’s second-largest telecommunications provider experienced…
Trump ‘stands alone in American history for his alleged crimes,’ special counsel says
Donald Trump "stands alone in American history for his alleged crimes" related to trying to overturn his loss in the…
Stocks making the biggest moves after hours: Tripadvisor, Coterra Energy, International Flavors & Fragrances and more
Check out the companies making headlines in extended trading. Tripadvisor — The online travel agency added nearly 12% after beating…
Deposit delays: Fed tells banks to get customers help
Federal Reserve officials are urging banks to work with customers hurt by ongoing deposit delays that have prevented some people…
Kentucky Democratic Gov. Andy Beshear projected to win reelection over challenger backed by Trump
Kentucky Gov. Andy Beshear, a Democrat, is projected to win reelection to a second term in office Tuesday, defeating Republican…
Democrat Gabe Amo projected to win open House seat in Rhode Island
Democrat Gabe Amo is the projected winner of the election for Rhode Island's 1st Congressional District on Tuesday, according to…
Meta prohibits generative AI tools for political ads
Meta is prohibiting political advertisers from using the company’s new, artificial intelligence tools that help brands generate text, backgrounds and…
Credit card balances spiked in the third quarter to a $1.08 trillion record. Here’s how we got here
Americans now owe $1.08 trillion on their credit cards, according to a new report on household debt from the Federal Reserve Bank…
Coterra Energy beats expectations on its most important line item: free cash flow
Oil and natural gas producer Coterra Energy (CTRA) delivered strong results Monday after closing bell, including beating expectations where it…
Italy threatens to seize more than $800 million from Airbnb over unpaid taxes
Italian tax authorities are poised to seize some €779 million ($836 million) from Airbnb as a result of its alleged…