Economy

Initial filings for unemployment benefits have hit their highest level since late August 2023, a potential sign that an otherwise robust labor market is changing.Jobless claims…

Traders work on the floor at the New York Stock Exchange on May 8, 2024.Brendan Mcdermid | ReutersThe Dow Jones Industrial Average rose on Friday, wrapping an eighth consecutive…

A view from the site aftermath of the explosion of a Russian missile (according to the Ukrainian authorities, S-400) in the area of a cottage residential development in Kharkiv,…

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We're…

Check out the companies making headlines in midday trading: Novavax — The biotech company soared 110% after announcing a multibillion-dollar deal with French drugmaker Sanofi to…

It's no secret that retailers are cracking down on returns.In 2023, 81% of U.S. retailers implemented pay-to-return policies in some capacity. Amazon, Macy's, T.J.Maxx, Walmart and…

At American Express, consumers are continuing to open high-fee credit cards and splurge on luxuries like travel. But for lending firm Upstart, there's a strong interest in…

Here are the most important news items that investors need to start their trading day:1. Lucky number sevenTraders work on the trading floor at the New York Stock Exchange on April…

On Friday, advanced nuclear fission company Oklo, for which Sam Altman serves as chairman, started trading on the New York Stock Exchange. The company, which has yet to generate…

Bank of England Governor Andrew Bailey attends the central bank's Monetary Policy Report press conference at the Bank of England, in London, on May 9, 2024. The Bank of England on…