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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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Homebuilder sentiment drops to 10-month low, as mortgage rates soar
Builder confidence in the market for single-family homes dropped to the lowest level since January, as builders contend with a…
DJ D-Sol out! Goldman Sachs CEO steps away from controversial spinning gig
Lollapalooza will never be the same. Goldman Sachs chief executive (and noted party DJ) David Solomon will no longer perform…
The secret life of Jimmy Zhong, who stole – and lost – more than $3 billion
Athens, Georgia, is home to the University of Georgia, and the police there are used to college town-type crimes: break-ins,…
Retail sales rose 0.7% in September, much stronger than estimate
Consumers showed surprising strength in September, boosting retail sales well above expectations despite high interest rates and worries over a…
US retail sales rose for the sixth-straight month
Spending at US retailers continued to grow last month, a fresh sign that American shoppers aren’t tapping out just yet.…
Stocks making the biggest moves premarket: Wyndham Hotels, Dollar Tree, Johnson & Johnson and more
Check out the companies making headlines before the bell. Wyndham Hotels & Resorts , Choice Hotels — Choice Hotels dropped…
Apple CEO Tim Cook makes surprise visit to China as iPhone 15 gets off to a challenging start
Apple CEO Tim Cook cheered on gamers at an event during a surprise visit to China, underscoring the market's importance…
Feds probing safety of GM’s robotaxis around pedestrians
The US auto safety regulator has opened a probe into whether General Motors’ self-driving unit Cruise has taken sufficient precautions…
Bank of America tops profit estimates on better-than-expected interest income
Bank of America topped estimates for third-quarter profit on Tuesday on stronger-than-expected interest income.Here's what the company reported:Earnings per share:…
Johnson & Johnson beats on earnings and hikes outlook as medtech, pharmaceutical sales surge
Johnson & Johnson on Tuesday reported adjusted earnings and revenue that topped Wall Street's expectations, and lifted its full-year guidance…
What the Israel-Hamas war means for US markets
Editor’s Note: A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You…
Ford lays off 700 who were building electric version of F-150
Ford is laying off about 700 workers who build the F-150 Lightning, the electric version of its best-selling pickup truck,…
Medical imaging struggles to read dark skin. Researchers say they’ve found a way to make it easier
Traditional medical imaging – used to diagnose, monitor or treat certain medical conditions – has long struggled to get clear…
iPhone sales in China shrink as US political tensions grow
Demand for Apple’s new iPhone 15 lineup is weaker in China than for last year’s models, according to analysts. Sales…
Harvard-trained parenting researcher: The most successful kids are ‘healthy strivers’—here’s what their parents always do
Want your child to be successful? Raise them to be a "healthy striver," says parenting researcher and author Jennifer Breheny…
Israel’s ground offensive in Gaza may not be a ‘full invasion,’ says ex-U.S. ambassador
Israel's ground offensive into the Gaza Strip may not be a full scale invasion, but will likely unfold in phases,…
Baidu says its AI is in the same league as GPT-4
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s…
Top economists unanimous on ‘higher for longer’ rates as inflation threats linger
Top economists and central bankers appear to be in agreement on one thing: interest rates will stay higher for longer,…