Shares of Trump Media shot up more than 9% on Wednesday, hours after the company revealed it was urging House Republican committee leaders to investigate possible “unlawful manipulation” of its stock. The stock boost also…
Editor’s Pick
With the economy humming along and the stock market, despite some recent twists and turns, hanging in there pretty well, it’s a tough case to sell that higher interest rates…
Walmart-backed fintech One introduces buy now, pay later as it prepares bigger push into lending
Walmart’s majority-owned fintech startup One has begun offering buy now, pay later loans for big-ticket items at some of the retailer’s more than 4,600 U.S. stores, CNBC has learned. The move puts One…
Why the Fed’s keeping rates higher for longer may not be such a bad thing
With the economy humming along and the stock market, despite some recent twists and turns, hanging in there pretty well, it’s a tough case to sell that higher interest rates…
Tesla’s affordability push eases growing doubts about its performance and Musk’s focus
Tesla’s stock jumped about 8% in after-hours trading Tuesday after the electric vehicle giant reported its steepest annual revenue drop in over a decade. Despite softer sales and a growing…
Biden administration bans noncompete agreements, setting up legal showdown with business groups
The Biden administration has issued a nationwide ban on the ability of employers to make their workers sign noncompete agreements, a move regulators said would help boost employee pay but…
Car insurance rates are nuts right now. Here’s how to lower your bill when cash is tight.
Car insurance costs are pretty brutal at the moment — they’re up more than 22% since this time last year. There’s plenty you can do to lower your bill, but…
Donald Trump set to receive $1.25 billion worth of Trump Media stock in DJT earnout bonus
Former President Donald Trump is poised to receive an additional 36 million shares of Trump Media Tuesday — an “earnout” bonus worth more than $1.25 billion, at Monday’s price. Trump Media, which owns the Truth…
Express files for bankruptcy, plans to close nearly 100 stores as investor group looks to save the brand
Longtime mall retailer Express filed for Chapter 11 bankruptcy protection on Monday, but a group of investors led by brand management firm WHP Global is looking to save the company by acquiring…
Caitlin Clark’s pro salary exposes an undeniable economic reality separating the WNBA and NBA
It will take some time for the Caitlin Clark effect to be felt across the WNBA. Clark enters the league as a budding superstar who is already widely recognized as…