Business

In this article STLA GM F Follow your favorite stocksCREATE FREE ACCOUNT Members of the United Auto Workers union hold a rally and practice picket near a Stellantis plant in Detroit, Aug. 23, 2023. Michael Wayland / CNBC DETROIT – United Auto Workers President Shawn Fain appears ready to fire up the picket lines. The

A sign is posted in front of a Broadcom office on June 03, 2021 in San Jose, California. Justin Sullivan | Getty Images Check out the companies making headlines in midday trading. VMware — The cloud services company slid 2.6%, a day after giving a mixed second-quarter report. While VMware surpassed expectations for earnings per

After rising steadily since January, home prices may now be turning lower again. The latest read on home prices shows they hit another all-time high in July, rising 2.3% from the same month last year, according to Black Knight. That’s a bigger annual gain than the roughly 1% recorded in June, and August’s annual comparison

Mario Tama | Getty Images Both jobseekers and policymakers can take solace in the current state of the U.S. job market, according to labor economists. Largely, that’s because it’s cooling gradually but remains strong — a sort of Goldilocks scenario whereby workers can find jobs with relative ease but the Federal Reserve likely won’t see

In this article AMC Follow your favorite stocksCREATE FREE ACCOUNT Taylor Swift performs in Denver during “Taylor Swift | The Eras Tour” on July 14. Tom Cooper/tas23 | Getty Images Entertainment | Getty Images …Ready for it? In less than 24 hours on the market, ticket sales for Taylor Swift’s Era Tour concert film have

In this article ABB.N-CH Follow your favorite stocksCREATE FREE ACCOUNT The CEO of Swedish-Swiss multinational robotics firm ABB said he has been “disappointed” by the state of the Chinese market, adding he expects conditions will prove challenging for the rest of the year. “China is not really developing as we hoped in the beginning of

In this article LULU Follow your favorite stocksCREATE FREE ACCOUNT A customer enters a Lululemon store on June 02, 2023 in Corte Madera, California. Justin Sullivan | Getty Images Lululemon raised its full-year guidance Thursday after reporting an 18% jump in both sales and profit for its fiscal second quarter, boosted by a 61% revenue

Srdjanpav | E+ | Getty Images Interest will start accumulating on student loans again starting Sept. 1, following a pause on interest accrual that has lasted for more than three years during the pandemic era. That imminent policy change puts a spotlight on a key difference between two types of student debt: subsidized and unsubsidized

James Romano trims flower while working in the CommCan processing facility in Medway, Massachusetts, Oct. 27, 2021. Erin Clark | Boston Globe | Getty Images The U.S. Department of Health and Human Services has recommended reclassifying marijuana as a lower-risk drug, which would in turn ease restrictions on the budding business, a spokesperson for the

In this article COST PSTG CHWY VSCO FIVE CRM OKTA CRWD Follow your favorite stocksCREATE FREE ACCOUNT The Salesforce West office building in San Francisco, California, on Wednesday, Jan. 25, 2023. Marlena Sloss | Bloomberg | Getty Images Check out the companies making headlines after hours. CrowdStrike — The cybersecurity stock added 1% in extended

In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT Mark Thompson speaks during the CNBC Evolve New York event on June 19, 2019. Astrid Stawiarz | CNBC Mark Thompson is stepping in as the next CEO and chairman of CNN. Parent company Warner Bros. Discovery said Wednesday it appointed Thompson as the next leader

U.S. Commerce Secretary Gina Raimondo (L) and Chinese Vice Premier He Lifeng pose for photographs before their meeting at the Great Hall of the People in Beijing on August 29, 2023. Andy Wong | Afp | Getty Images BEIJING — U.S. Commerce Secretary Gina Raimondo has left Beijing with a few deliverables: plans for formal

In this article CMCSA Follow your favorite stocksCREATE FREE ACCOUNT Valerie Macon | Afp | Getty Images LOS ANGELES — Christopher Nolan’s films, from “The Dark Knight” to “Inception,” have been a force at the box office for a solid two decades. But “Oppenheimer,” the director’s R-rated historical drama about the man who spearheaded the

In this article ORCL VZ T BBY Follow your favorite stocksCREATE FREE ACCOUNT Safra Catz, CEO of Oracle Corporation, rings the opening bell at the New York Stock Exchange (NYSE) in New York City, U.S., July 12, 2023.  Brendan Mcdermid | Reuters Check out the companies making headlines before the bell. Oracle — The software

In this article GS Follow your favorite stocksCREATE FREE ACCOUNT David Solomon (centre), Chief Executive Officer of Goldman Sachs during an event attended by Prime Minister Rishi Sunak at the Business Roundtable during his visit to Washington DC in the US on June 8, 2023 in Washington, DC. Niall Carson | WPA Pool | Getty

Hero Images | Getty Images It’s getting harder to find new, cheap cars, according to auto experts. Consider this: In July, just one car model — the Mitsubishi Mirage — had an average new-vehicle transaction price below $20,000, according to Kelley Blue Book data. By comparison, there were a dozen vehicles that met that pricing

In this article DIN Follow your favorite stocksCREATE FREE ACCOUNT IHOP’s new lineup of biscuit sandwiches. Source: IHOP For the first time ever, IHOP is making its biscuits menu available nationwide. The Dine Brands chain, best known for its pancakes, has been branching out into different categories, from burritos to savory crepes, after slashing its

Didi launched a free robotaxi service in parts of Shanghai in 2020. Vcg | Visual China Group | Getty Images BEIJING — Chinese electric car company Xpeng said Monday it is buying Didi’s smart electric car development business in an exchange of shares worth $744 million. The Chinese ride-hailing company will become a strategic shareholder