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Economy
Mortgage demand stalls, even as interest rates moderate
A 'For Sale' sign is posted on the lawn in front of a home on March 15, 2024, in Miami, Florida. Joe Raedle | Getty ImagesThe usually busy spring housing market is underway, but…
H&M shares jump 14% as profit smashes expectations
HONG KONG, CHINA - 2021/08/07: Pedestrians cross the street in front of the Swedish multinational clothing design retail company Hennes & Mauritz, H&M, store in Hong Kong.…
China industrial profit, yen lowest
Japanese yen and U.S. dollar on display in Yichang, Hubei province, Nov 13, 2023.Costfoto | Nurphoto | Getty ImagesThe Japanese yen fell to its weakest level in 34 years against…
FDA approves Merck’s drug for rare, deadly lung condition
The Food and Drug Administration on Tuesday approved a drug from Merck designed to treat a progressive and life-threatening lung condition in a win for both the drugmaker and for…
What’s behind Danaher’s decline, plus high hopes for Apple’s developers event
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…
Stocks making the biggest moves midday: Krispy Kreme, Trump Media, McCormick and more
Check out the companies making headlines in midday trading. Krispy Kreme — Krispy Kreme popped nearly 30% and headed for its best day on record. McDonald's plans to sell the…
BlackRock’s Larry Fink sees Social Security crisis, says 65 retirement age ‘a bit crazy’
BlackRock CEO Larry FinkTaylor Hill | Getty Images Entertainment | Getty ImagesBlackRock Chairman Larry Fink said capital markets can help solve a crisis brewing around the ability…
Latest news on Russia and the war in Ukraine
One of Russia's most powerful officials backs baseless claim of Ukraine involvement in attackRussian Security Council Secretary Nikolai Patrushev and President Vladimir Putin…
Stocks making the biggest moves premarket: Krispy Kreme, UPS, Micron Technology and more
Check out the companies making headlines in premarket trading. Krispy Kreme — Shares surged nearly 14% premarket after the company said it will sell its donuts in McDonald's…
Trump’s net worth reportedly soars to $6.5 billion after media company stock jumps
Former US President Donald Trump arrives at 40 Wall Street after his court hearing to determine the date of his trial for allegedly covering up hush money payments linked to…