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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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GM, Honda scrap plans to co-develop ‘affordable’ sub-$30,000 EVs
DETROIT – General Motors and Honda Motor have canceled plans to jointly develop affordable electric vehicles as they face slower-than-expected…
Sam Bankman-Fried set to testify in fraud trial as soon as Thursday
Sam Bankman-Fried plans to take the stand as soon as Thursday to defend himself against prosecutors’ claims that he stole…
30-year-old American who moved to Denmark: I’m happier—but I ‘still miss’ these 5 things about the U.S.
In 2018, I married my Danish husband and moved from Dallas, Texas to Copenhagen, Denmark. We were excited to build…
Jim Cramer says Microsoft’s quarter was the best he’s seen this year
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a…
McDonald’s is getting rid of McFlurry spoons
McDonald’s is getting rid of one its most recognizable utensils. The McFlurry spoon, which sparked confusion among its fans for…
Boeing cuts 737 Max delivery forecast as production issues dent third-quarter results
Boeing said Wednesday it will deliver fewer 737 Max aircraft than it previously expected this year as it works through…
US new home sales surged in September
New home sales in the United States surged higher in September from the month before, even as mortgage rates remained…
Stocks making the biggest moves premarket: Alphabet, Microsoft, Boeing and more
Check out the companies making headlines before the bell. Alphabet — The Google and YouTube parent sank more than 6%…
Travis Kelce says he was ‘damn near dead broke’ during his rookie year in the NFL
By the end of his first year in the National Football League, Kansas City Chiefs tight end Travis Kelce was…
Americans ran up $105 billion in credit card interest last year alone
Danielle Foskie is among a growing number of Americans who have stumbled into a credit card doom loop. Foskie, a…
Retirement withdrawal rules are ‘crazy’ this year, IRA expert says. Here’s what you need to know
As a retiree, mandatory retirement plan withdrawals can be a source of stress and confusion — and complex changes over…
What it will take to make homes affordable again for millions of Americans
As mortgage rates reached a 23-year high last week, the cry went off across markets and social media: Is housing…
Bud Light scores mega deal to become the official beer of UFC
Bud Light might be experiencing a knockout of its own, but this time it’s on purpose. The Anheuser-Busch beer is…
Adjustable-rate mortgage demand hits highest level in nearly a year as interest rates continue to climb
Mortgage demand has essentially stalled at the slowest pace since 1995 as mortgage interest rates continue to rise.Total application volume…
Guilty pleas from ex-Trump attorneys deal blow to right-wing media outlets that amplified election lies
Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest…
IMF chief says Israel-Hamas war is a new cloud on the world’s economic horizon
The head of the International Monetary Fund on Wednesday dubbed the worsening Israel-Hamas conflict as another cloud on the horizon…
UPenn donors were furious about the Palestine Writes Literature Festival. What about it made them pull their funds?
The University of Pennsylvania’s administration faces an overwhelming backlash from donors, many of whom are pulling their funds and calling…
Israel envoy calls for resignation of UN chief who said Hamas attack ‘did not happen in a vacuum’
Israel's representative to the U.N. called for the resignation of the organization's Secretary-General Antonio Guterres, following his remarks on the…