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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 Big Three are paying a big price to end the UAW strike — but that won’t necessarily jack up car prices
The historic United Auto Workers union strike against the nation’s three unionized automakers — Ford, General Motors, and Stellantis, known…
Walmart gave a new look and feel to 117 stores. Here are the changes
Walmart unveiled over a hundred revamped stores on Monday that have been recalibrated in an effort to not only pull…
Stocks making the biggest moves after hours: Pinterest, Wolfspeed, Arista Networks and more
Check out the companies making headlines in extended trading. Arista Networks — The cloud networking solutions company added 6% Monday…
Takeaways from Sam Bankman-Fried’s second day in front of a jury
Prosecutors grilled former crypto king Sam Bankman-Fried on Monday as his criminal fraud trial entered its third week. He stands…
Treasury to borrow $776 billion in the final three months of the year
The U.S. government's borrowing needs will decline slightly in the final three months of 2023 from the prior quarter, a…
America is falling out of love with candy corn, in 2 charts
Americans can’t get enough of Halloween candy. Halloween candy sales grew 14% between 2021 and 2022 and this year is…
Magnificent Seven are masking a rough market. Jim Cramer says these 3 stocks are buys
The "Magnificent Seven" mega-cap tech names that grab all the headlines and rule Wall Street with their outsized influence have…
Tesla shares drop 5% on Panasonic battery warning, down 18% since Q3 earnings report
Shares in electric vehicle maker Tesla declined as much as 5% Monday afternoon following news that Panasonic, a longtime partner…
Dow soars more than 560 points to kick off a busy week for the US economy
Stocks surged Monday as investors looked to the Federal Reserve’s next meeting and a slate of economic and corporate news…
Will Social Security be there for me when I retire? Here’s how the agency’s chief actuary answers that common question
What may happen in the worst-case scenarioYet it is possible benefits may be reduced.In the worst-case scenario, Social Security may…
Facebook and Instagram users in Europe can now opt out of ads — for a price
Instagram and Facebook users in Europe now have a choice to opt out of targeted ads if they pay for…
CVS and Walgreens pharmacy staff plan 3-day walkout
Employees at some of the largest drugstore chains in the United States are staging a new series of walkouts across…
Here are 2 stocks Jim Cramer is “most concerned about” and 1 name that he likes
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a…
Stocks making the biggest moves midday: SoFi, McDonald’s, Western Digital, ON Semiconductor and more
Check out the companies making headlines in midday trading. SoFi Technologies — Shares seesawed as traders digested the company's latest…
Hedge fund billionaire Leon Cooperman, in rare public rebuke of a Republican candidate, says Trump ‘belongs in jail’
Leon Cooperman, the hedge fund billionaire who has famously clashed with Sen. Elizabeth Warren over her proposed wealth tax, is…
The escalating Israel-Hamas conflict raises risks of global market contagion, economist says
As the Israel-Hamas war draws into into its fourth week, the risks to the global economy are rising, economist Mohamed…
Janet Yellen to deliver major speech detailing US economic strategy toward Indo-Pacific
At a moment of elevated geopolitical danger, Treasury Secretary Janet Yellen plans to deliver a major speech on Thursday mapping…
UK confirms plans to regulate crypto industry with formal legislation
The U.K. government on Monday confirmed plans to regulate the cryptocurrency industry, announcing in a consultation paper that it will…