Mortgage application volume barely moved last week, falling 0.5% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Rates, meanwhile, dro...
Tag: business news
EV battery firm Britishvolt averts immediate collapse with short-term funding
Charging points for electric vehicles in London, England. Jon Challicom | Moment | Getty Images LONDON — U.K.-based electric vehicle battery firm Britishvolt said Wednesday it had secured short-term f...
Xpeng electric car deliveries drop in October to half of Nio’s
Xpeng said deliveries of its newly launched G9 SUV surged in October from September, despite a drop in the brand’s overall monthly deliveries. China News Service | China News Service | Getty Ima...
How Taylor Swift turned ‘Midnights’ into her biggest album success yet
Taylor Swift during an interview with host Jimmy Fallon on Monday, October 24, 2022 Nbc | Nbcuniversal | Getty Images Taylor Swift’s “Midnights” may have left the indie-folk lovers o...
Eli Lilly CEO on guidance cut, potential obesity drug, Alzheimer’s study
Eli Lilly (LLY) CEO David Ricks on Tuesday expressed optimism around the drugmaker’s innovation pipeline Tuesday, a stance we share despite the Club holding’s cluttered quarterly report is...
ADP jobs report October 2022
Private payroll growth held strong on October while worker pay rose as well, particularly in the leisure and hospitality industry, according to a report Wednesday from payroll processing firm ADP. Com...
CVS, Estee lauder, Canada Goose and others
Check out the companies making headlines before the bell: CVS (CVS) – CVS gained 1.9% in the premarket after reporting better-than-expected revenue and profit for its latest quarter. The company also ...
These 8 stocks can withstand the Fed’s tightening cycle
CNBC’s Jim Cramer on Tuesday offered investors a list of stocks that he thinks will weather the market turbulence ahead. Here are his picks: Constellation Brands Eli Lilly Mondelez Kraft Kellogg...
Bank of England set for biggest rate hike in 33 years, but economists expect dovish tilt
Buses pass in the City of London financial district outside the Royal Exchange near the Bank of England on 2nd July 2021 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images LONDON — The ...
Bullish on Estee Lauder, Starbucks as China holds back earnings
Wall Street’s worried China’s draconian Covid-19 restrictions — which have weighed heavily on the world’s second largest economy for nearly three years — could drag down earnings at ...
Airbnb, Advanced Micro Devices, Match Group and more
The Airbnb logo is seen on a little mini pyramid under the glass Pyramid of the Louvre museum in Paris, France, March 12, 2019. Charles Platiau | Reuters Check out the companies making headlines in ex...
Inside the $23 million mega-mansion that Yankee Candle built
Standing at one of the five cooking islands in his kitchen, Mick Kittredge rattles off the outsized statistics for his newly listed home. Over 60 acres. Nearly 120,000 square feet of living and recrea...
Pfizer CEO reveals growth plan as company faces up to $18 billion revenue hit
Pfizer CEO Albert Bourla talks during a press conference with European Commission President after a visit to oversee the production of the Pfizer-BioNtech Covid-19 vaccine at the factory of US pharmac...
Brooklyn Nets part ways with head coach Steve Nash after 2-5 start
Brooklyn Nets head coach Steve Nash reacts to a call during the second quarter of the game against the Indiana Pacers at Barclays Center on October 31, 2022 in New York City. Dustin Satloff | Getty Im...
Migos rapper Takeoff killed in Houston shooting, aged 28
Rapper Takeoff of the group Migos performs onstage at the Rolling Loud Festival at NOS Events Center on December 16, 2017 in San Bernardino, California. Images) Scott Dudelson | Getty Images Takeoff, ...
Uber, Abiomed, Peloton, Carvana, Molson Coors and more
A traveller waits for an Uber rider at Midway International Airport on May 09, 2022 in Chicago, Illinois. Uber plans to cut spending and hiring in an attempt slow the company’s plummeting stock ...
Treasury Department sold record $1 billion of Series I bonds on Oct. 28
The U.S. Treasury Department in Washington. Al Drago/Bloomberg via Getty Images I bonds broke daily, weekly and monthly sales records The Treasury sold $979 million of I bonds before the deadline on F...
Abiomed, Uber, SoFi, Pfizer and more
Take a look at some of the biggest movers in the premarket: Abiomed (ABMD) – Abiomed stock soared 51.6% in premarket trading after agreeing to be acquired by Johnson & Johnson (JNJ) in a nearly $1...
Disney+ subscribers are getting early access to exclusive merchandise
In this photo illustration a close-up of a hand holding a TV remote control seen displayed in front of the Disney+ logo. Thiago Prudencio | SOPA Images | LightRocket | Getty Images Can Disney convert ...
United pilots reject contract deal that ‘fell short’
United Airlines planes at Newark Liberty International Airport Leslie Josephs | CNBC United Airlines pilots “overwhelmingly” rejected a tentative agreement that would have given pilots rai...
Fox earnings lifted by ad revenue from Tubi streaming service
Pete Davidson attends TUBI’s “The Freak Brothers” Experience at Fred Segal on December 06, 2021 in Los Angeles, California. Kevin Winter | Getty Images Fox Corp.’s bet on its f...
JOLTS September 2022
The Go! Go! Curry restaurant has a sign in the window reading “We Are Hiring” in Cambridge, Massachusetts, July 8, 2022. Brian Snyder | Reuters Job openings surged in September despite Fed...
Affluent shoppers embrace secondhand shopping
Bargain hunting is certainly not new. But with the Covid pandemic came a surge in “thrifting,” or buying and selling pre-owned goods. At first, some families under financial pressure looke...
Taylor Swift holds top 10 spots in Billboard Hot 100, announces tour
Taylor Swift performs on the stage in concert at Mercedes-Benz Arena on May 30, 2014 in Shanghai, China. Vcg | Visual China Group | Getty Images Taylor Swift said Tuesday she’s heading back out ...
SpaceX launches Falcon Heavy rocket on Space Force mission
[The webcast is scheduled to begin at 9:26 a.m. ET. Please refresh the page if you do not see the video player above.] Elon Musk’s SpaceX on Tuesday is set to launch the first Falcon Heavy missi...
E-furniture seller Made suspends trading as scrambles for survival
A view of a Made.com high street shop in central London on October 28, 2022 in London, England. Chris J Ratcliffe | Getty Images News | Getty Images LONDON — Millennial-oriented furniture retailer Mad...
Energy sector needs firms with mentality of Tesla to move forward: CEO
The energy sector requires new companies with the mentality of a Tesla or Amazon to push forward in the years ahead, according to the ex-CEO of energy infrastructure powerhouse Snam. “It took a ...
Riot Blockchain is not a buy
Palantir: “If it can get to $10, then I would skedaddle. I hate to recommend it all the way down here because it’s near the bottom.” Black Knight Inc: “The government is so fic...
Charts suggest the market has more upside through the end of the year, Jim Cramer says
CNBC’s Jim Cramer on Monday said that the market could see a rally later this year that lasts through the end of 2022. “The charts, as interpreted by Larry Williams, were able to call this...