Polestar confirms it will deliver 50,000 electric vehicles in 2022

Polestar, the Swedish electric performance car company, has announced that the world premiere of its next car, the Polestar 3 electric performance SUV, will be in October 2022. Polestar 3 is the compa...

Stocks down, buying JNJ, AMD disappoints

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. Jobs data weighs on stocks ...

Here are the best deals

Amazon’s Prime Early Access sale: What’s in store When Amazon’s sale kicks off Oct. 11, expect to find the best discounts on Amazon devices, such as the Kindle, Echo and Fire TV stre...

CVS, Credit Suisse, AMD, Lyft and more

Omar Marques | LightRocket | Getty Images Check out the companies making headlines in midday trading Friday. Ambac Financial Group – Shares of the municipal bond insurer shot up 13.2% on news of settl...

New cars are finally back in stock, but they come at a steep price

Vehicles are displayed for sale at an AutoNation car dealership on April 21, 2022 in Valencia, California. Mario Tama | Getty Images DETROIT — New cars are slowly becoming more widely available, as su...

Mega Millions jackpot is $410 million. 3 key things to do if you win

Will Lester | Medianews Group | Getty Images There’s a chance that a Mega Millions player is going to wake up Saturday morning with a $410 million windfall in their lap. That’s the adverti...

Postal workers in the UK agree crunch strike talks with Royal Mail bosses

LONDON – August 26, 2022: CWU general secretary Dave Ward (in grey suit jacket) visits the picket line in Whitechapel on August 26, 2022. Members of the Communication Workers Union (CWU) voted i...

England women’s soccer viewership is soaring. Will sponsorship follow?

Frida Maanum of Arsenal in action during the FA Women’s Super League match between Arsenal and Tottenham Hotspur at Emirates Stadium on Sept. 24, 2022 in London. Naomi Baker – The Fa | The...

How much does it cost to climb Mount Everest and the Seven Summits

Vivian James Rigney is no casual traveler. The executive coach and speaker has visited more than 80 countries and lived on three continents. He’s also climbed the highest mountains on all seven ...

U.S.-China tensions could ‘supercharge’ China’s innovation: JPMorgan

An employee works on the production line of semiconductor wafer at a factory of Jiangsu Azure Corporation Cuoda Group. China has stepped up investment into its chip industry in a bid to be self-relian...

Jobs report September 2022:

Job growth fell just short of expectations in September and the unemployment rate declined despite efforts by the Federal Reserve to slow the economy, the Labor Department reported Friday. Nonfarm pay...

Here’s where the jobs are for September 2022

Job growth remained strong overall in September, but declines in several sectors led to a slowdown compared to hot readings during the summer. Leisure and hospitality was the standout sector, growing ...

AMD, Levi Strauss, DraftKings and more

Here are the companies that are making headlines before the bell: Advanced Micro Devices (AMD) – AMD slid 5.3% in the premarket after cutting its sales forecast. The chipmaker said it is being hit by ...

Visa partners with FTX in a bet that shoppers still want to spend cryptocurrencies in a bear market

Visa payment cards laid out on a computer keyboard. Matt Cardy | Getty Images Visa is betting that crypto investors still want to spend their digital currencies, even as prices plummet this year. The ...

More than $100 million worth of Binance’s BNB token stolen in another major crypto hack

The logo of cryptocurrency exchange Binance displayed on a phone screen. Jakub Porzycki | NurPhoto via Getty Images Cryptocurrency exchange Binance suspended its blockchain network Friday after hacker...

The biggest threat today is recession, not inflation

The U.S. Federal Reserve has been raising rates too quickly, and recession risks will be “extremely” high if it continues to do so, said Jeremy Siegel, professor emeritus of finance at the...

Credit Suisse to repurchase $3 billion of debt securities

Signage hangs over the entrance of a Credit Suisse Group AG branch in Zurich, Switzerland, on Sunday, Sept. 25, 2022. Inflation in Switzerland has more than doubled since the start of the year and the...

GXO Logistics is a buy

Axsome Therapeutics Inc: “They’re trying to cure pain. … We know who didn’t do it well, and we’re not even going to mention it.” nCino Inc: “As much as I like...

Cramer says economic data can’t capture one huge driver of inflation

CNBC’s Jim Cramer on Thursday said that a huge driver of inflation is the consumer’s desire to spend money in the reopening economy – a fact that isn’t reflected in the data that the...

Cannabis company Canopy applauds Biden marijuana pardons, stock surges

Canopy Growth operations in Smiths Falls, Ontario. Tom Franck | CNBC Canopy Growth applauded President Joe Biden’s announcement Thursday that he will pardon thousands of people convicted of mari...

Showtime chief’s exit signals Paramount moving toward streaming merger

Damian Lewis as Bobby Axelrod in the original series “BILLIONS” airing on Showtime. Jeff Neumann/SHOWTIME Paramount Global executive David Nevins, who has run the premium network Showtime ...

United Airlines is aiming to have electric planes flying by 2030

An United Airlines seen at LaGuardia International Airport in New York.  Adam Jeffery | CNBC United Airlines is aiming to have electric aircraft flying regional routes by the end of the decade, part o...

York Space wins $200 million Pentagon contract for T1DES satellites

The S-CLASS platform, designed for missions for a wide variety of government and commercial customers. York Space Systems Spacecraft manufacturer York Space Systems won a Pentagon contact worth up to ...

Climate investor who made right Exxon bet on how to beat the market

A view of the Exxon Mobil refinery in Baytown, Texas. Jessica Rinaldi | Reuters Jennifer Grancio was among the leaders at Engine No. 1, the upstart investing firm focused on climate and energy transit...

Adidas says its relationship with Kanye West is under review

Kanye West at an event announcing a partnership with Adidas on June 28, 2016 in Hollywood, California. Getty Images Sneaker and apparel maker Adidas said Thursday it is reviewing its relationship with...

The 401(k) industry launches rollover plan for old retirement accounts

JGI | Jamie Grill | Blend Images | Getty 401(k) plans hold a whopping $7.7 trillion in retirement savings. But cash-outs of small accounts pull billions from the system each year and can harm investor...

Mercedes-Benz CEO says EV transition will be helped by luxury drivers

A charging port is seen on a Mercedes Benz EQC 400 4Matic electric vehicle at the Canadian International AutoShow in Toronto, Ontario, Canada, February 13, 2019. Mark Blinch | Reuters Mercedes-Benz CE...

Apartment demand fell during busiest renting season, RealPage report says

The third quarter of every year is historically the busiest for apartment rentals, but demand fell this year, according to RealPage. It’s the first time the rental technology platform has record...

Friday’s jobs report could be a case where good news isn’t really good

A worker takes a panini sandwich off a grill at a restaurant in the Union Market district in Washington, D.C., on Tuesday, Aug. 30, 2022. Al Drago | Bloomberg | Getty Images Investors are closely watc...

Gun companies sued over mass shootings

People lay flowers and cards near a spot where a mass shooting took place during the 4th of July parade in Highland Park, Illinois on July 6, 2022. Jacek Boczarski | Anadolu Agency | Getty Images The ...

Peloton cuts 500 jobs, has 6 months to prove it can grow, CEO says

Peloton is cutting another 500 jobs in a move that CEO Barry McCarthy said should position the struggling fitness equipment maker to return to growth. The cuts, which amount to about 12% of Peloton...

Inside a $150 million Hamptons summer home for sale

An oceanfront estate in Southampton, listed at $150 million, stands as the priciest home for sale in the Hamptons — and is struggling to move off the market. The compound, called La Dune, is likely to...