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Economy
Hybe, K-pop’s largest agency, gains $282 million in market cap after sublabel CEO steps down
SEOUL, SOUTH KOREA - 2024/04/23: People walk past the Hybe Building in Seoul. Sopa Images | Lightrocket | Getty ImagesShares of Kospi-listed Hybe popped as much as 4.97% on…
NFL owners vote in favor of private equity investment; select firms commit $12 billion
The NFL's most exclusive club just let in new members.At a special league meeting in Eagan, Minnesota, on Tuesday, National Football League owners voted in favor of allowing select…
Your mortgage could be an important part of your retirement plan, according to financial experts
Saving enough money for retirement is top of mind for many working adults. In fact, 53% of Americans feel behind on planning for retirement, according to a 2024 CNBC survey with…
Stocks making the biggest moves after hours: Nordstrom, SentinelOne, Ambarella and more
Check out the companies making headlines in extended trading. Nordstrom – Shares jumped about 7% after the company's second-quarter earnings topped analysts' estimates. The…
Can tech stocks go up with rates coming down? Here’s why we think so
Federal Reserve interest rate hikes were blamed for the tech-stock carnage two years ago. With the central bank gearing up to begin lowering rates at its September meeting, some…
Why we’re downgrading a top-performing stock — plus, the latest fuel for Costco’s rally
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. Market…
Trump taps RFK Jr. and Tulsi Gabbard for presidential transition team
Former President Donald Trump has added his onetime campaign rival Robert F. Kennedy Jr. and the former Democratic Rep. Tulsi Gabbard to his presidential transition team, a…
It’s been nearly a year since we took profits in Eli Lilly. We’re overdue for another trim
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 Tuesday's key moments. Stocks were essentially flat…
Home prices hit record high in June on S&P Case-Shiller Index
Even as mortgage interest rates were rising, home prices reached the highest level ever on the S&P CoreLogic Case-Shiller U.S. National Home Price Index.On a three-month…
Nvidia has become world’s ‘most important stock,’ adding pressure to upcoming earnings report
Nvidia CEO Jensen Huang makes a speech at an event at COMPUTEX forum in Taipei, Taiwan June 4, 2024. Ann Wang | ReutersFor Nvidia investors, the past two years have been a joyride.…