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Rent a car for a road trip, or drive your own? 5 things to consider

Patchareeporn Sakoolchai | Moment | Getty ImagesSummer is the season of road trips.A record 70.9 million Americans are expected to travel by car ...

Dexcom shares fall on slow revenue growth

Dexcom CEO Kevin Sayer.Scott Mlyn | CNBCShares of Dexcom fell 9% in extended trading on Thursday after the company released third-quarter results...

The stock market is in its longest stretch without a 2% sell-off since the financial crisis

Traders work on the floor of the New York Stock Exchange during morning trading on Jan. 11, 2024.Angela Weiss | Afp | Getty ImagesWall Street's c...

Palantir shares fall 7% on lower-than-expected guidance

Alex Karp, CEO of Palantir, arrives for the “AI Insight Forum” at the Russell Senate Office Building on Capitol Hill on September 13, 2023 in Was...

Business

American Airlines cuts outlook, says chief commercial officer is leaving

American Airlines passenger jets are lined up at the gates at Ronald Reagan Washington National Airport in Arlington, Virginia, on Feb. 10, 2024....

Spotify shares pop on better-than-expected profit forecast

The Spotify logo is displayed on a screen on the floor of the New York Stock Exchange on Dec. 4, 2023.Brendan Mcdermid | ReutersSpotify shares ro...

Why flights to Europe are the cheapest they’ve been in years

A tourist takes a photo as the Acropolis’ Propylaea are seen in the background, in Athens, Greece, on June 28, 2024.Elias Marcou | ReutersFlights...

Starbucks CEO pledges to fundamentally change strategy as sales fall for third straight quarter

Brian Niccol speaking on CNBC's "Squawk Box" on Oct. 30, 2018.Anjali Sundaram | CNBCStarbucks on Wednesday reported quarterly earnings and revenu...

UK economy slipped into technical recession at the end of 2023

Skyline view of the City of London financial district.Mike Kemp | In Pictures | Getty ImagesLONDON — The U.K. economy slipped into a technical re...

Here’s what to expect from Friday’s big jobs report

Liu Jie/Xinhua via Getty ImagesInvestors will be looking to May's nonfarm payrolls report for more clarity on whether the Federal Reserve can eas...

Bitcoin could soar to $150,000 this year, hedge fund manager Mark Yusko predicts

Hedge fund manager Mark Yusko is predicting bitcoin will more than double this year to $150,000."Get off zero," the Morgan Creek Capital Manageme...

Earnings

Nvidia and 2 other portfolio stocks report earnings next week. Here’s what we want to see from each

All three major averages closed higher for the week, driven by softer retail sales and consumer price data for April. It was another bad news is ...

Rivian lowers earnings guidance after missing Wall Street’s third-quarter expectations

Sony raises guidance on gaming strength, quarterly operating profit beats estimates

E.l.f. shares soar as cosmetics retailer raises guidance after posting 40% sales gain

Latest

Hedge funds performed better under Democratic presidents than Republican ones, history shows

Traders work on the floor of the New York Stock Exchange. NYSEThere's been a rush of enthusiasm on Wall Street regarding Donald Trump's elec...

What Trump’s historic election victory means for the global economy

A worker is making textile export orders at a production workshop of a textile enterprise in Binzhou, China, on July 8, 2024.Nurphoto | Nurphoto ...

Spotify shares pop on better-than-expected profit forecast

The Spotify logo is displayed on a screen on the floor of the New York Stock Exchange on Dec. 4, 2023.Brendan Mcdermid | ReutersSpotify shares ro...

Rocket Lab stock pops 25% after company reports strong revenue growth, first Neutron deal

A view of Rocket Lab's HASTE suborbital launch vehicle.Rocket LabRocket Lab shares jumped in post-market trading after the company reported third...

Mattel pulls thousands of ‘Wicked’ dolls off shelves after printing adult web address on packaging

Still from the film "Wicked"Source: Universal StudiosThousands of Mattel's "Wicked"-branded fashion dolls are flying off shelves, but not because...

Fed’s Kashkari says Trump tariffs could reheat inflation if they provoke global trade ‘tit for tat’

Neel Kashkari, President and CEO, Federal Reserve Bank of Minneapolis, speaks at the Milken Conference 2024 Global Conference Sessions at The Bev...

Former Treasury Secretary Mnuchin says Trump’s top priorities will be tax cuts, Iran sanctions and tariffs

President-elect Donald Trump likely will return to cornerstones of his previous economic platform such as tariffs, lower taxes and sanctions when...

Rivian lowers earnings guidance after missing Wall Street’s third-quarter expectations

Rivian Automotive lowered its earnings forecast for the year after missing Wall Street's third-quarter expectations, including a significant miss...

Painting the town pink and green: ‘Wicked’ takes over retail ahead of theatrical debut

Cynthia Erivo and Ariana Grande star as Elphaba and Glinda in Universal's "Wicked."Universal"Barbie" painted the town pink in 2023, and now "Wick...

China announces $1.4 trillion package over five years to tackle local governments’ ‘hidden’ debt

BEIJING – China on Friday announced a five-year package totaling 10 trillion yuan ($1.4 trillion) to tackle local government debt problems, while...

Powell and the Fed won’t be able to avoid talking about Trump forever

Federal Reserve Board Federal Reserve Chairman Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting in...

Sony raises guidance on gaming strength, quarterly operating profit beats estimates

Sony's PlayStation 5.Thiago Prudencio | Lightrocket | Getty ImagesSony raised sales guidance for the full year on Friday and posted operating pro...

Economy

Latinas contributed $1.3 trillion to U.S. economy, new report says. That number could be even bigger

Miami Beach, Florida, Manolo, restaurant, employees at bakery counter. (Photo by: Jeffrey Greenberg/Universal Images Group via Getty Images)Jeff ...

What Trump’s historic election victory means for the global economy

A worker is making textile export orders at a production workshop of a textile enterprise in Binzhou, China, on July 8, 2024.Nurphoto | Nurphoto ...

Former Treasury Secretary Mnuchin says Trump’s top priorities will be tax cuts, Iran sanctions and tariffs

President-elect Donald Trump likely will return to cornerstones of his previous economic platform such as tariffs, lower taxes and sanctions when...

Powell and the Fed won’t be able to avoid talking about Trump forever

Federal Reserve Board Federal Reserve Chairman Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting in...

The Fed is expected to cut interest rates again Thursday. Here’s everything you need to know

Federal Reserve Board Chairman Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interes...

Finance

Affirm expands buy now, pay later service to the UK, heating up l...

Admin—November 4, 2024 0

PayPal Inc. co-founder and Affirm’s CEO Max Levchin on center stage during day one of Collision 2019 at Enercare Center in Toronto, Canada.Vaughn...

Higher taxes will make it harder for Britain to build ‘the next Nvidia,’ tech execs say

November 3, 2024

BlackRock launches ETF that expands beyond the ‘Magnificent Seven’

November 1, 2024

JPMorgan begins suing customers who allegedly stole thousands of dollars in ‘infinite money glitch’

October 30, 2024

Earnings

Amazon shares jump 6% after earnings beat

Admin—November 4, 2024 0

Amazon CEO Andy Jassy speaks at the Bloomberg Technology Summit in San Francisco on June 8, 2022.David Paul Morris | Bloomberg | Getty ImagesAmaz...

Coterra Energy posted a mixed quarter, but delivered beats where it matters most

November 2, 2024

Apple stuck it to the naysayers with better-than-feared financials, emerging iPhone 16 demand

November 1, 2024

Alphabet’s two pillars of growth stand tall in the latest quarter. But we’re not ready to act

October 30, 2024

Economy

Jobless rate ticks higher in October for white Americans, bucking...

Admin—November 4, 2024 0

A jobseeker holds flyers during the New York Public Library's annual Bronx Job Fair & Expo at the the Bronx Library Center in the Bronx borou...

Companies brace for Tuesday: Mentions of election surge on earnings conference calls

November 3, 2024

Friday’s jobs report is expected to show the slowest pace of hiring in years

November 1, 2024

Consumer confidence surges as election nears, while job openings move lower

October 30, 2024