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Finance
Fisker shares sink 20% after EV maker discloses ‘material weaknesses’ in financial reporting
Fisker Inc. officially revealed the Fisker Ocean all-electric luxury crossover at CES 2020 in Las Vegas.Shares of electric vehicle startup Fisker sank in morning trading Tuesday…
Here’s the inflation breakdown for October 2023 — in one chart
A customer holds a fuel nozzle at a Shell gas station in Hercules, California, U.S., on Wednesday, June 22, 2022. President Joe Biden called on Congress to suspend the federal…
Stocks making the biggest moves premarket: Fisker, Kraft Heinz, Home Depot and more
Check out the companies making headlines before the bell. Fisker — The electric vehicle startup company plummeted more than 18% after missing on third-quarter earnings forecasts…
Former St. Louis Fed president says the FOMC still has ‘a ways to go’ on inflation
James Bullard at Jackson Hole, Wyoming.David A. Grogan | CNBCFormer St. Louis Fed President Jim Bullard says the Federal Reserve still has "a ways to go" in fighting inflation and…
Home Depot earnings beat, but retailer offers a tepid outlook as sales slide
Home Depot's quarterly sales declined 3% from the year-ago period, but topped Wall Street's expectations as customers chipped away at more modest projects and home repairs.The…
UBS sees a raft of Fed rate cuts next year on the back of a U.S. recession
U.S. Federal Reserve Chairman Jerome Powell takes questions from reporters during a press conference after the release of the Fed policy decision to leave interest rates unchanged,…
How to prepare for the ‘survivor’s penalty’ before a spouse passes
Nosystem Images | E+ | Getty ImagesMany older women outlive their spouses and may not expect higher future taxes after suffering from the loss. But there are ways to prepare,…
Alphabet-backed GoCardless considers takeovers as CEO expects a barrage of consolidation
Hiroki Takeuchi, GoCardless chief executive, on the MoneyConf Stage, attends Web Summit 2021 in Lisbon, Portugal.Harry Murphy | Sportsfile | Getty ImagesGoCardless, the British…
Jim Cramer says insurance companies will pay for ‘revolutionary’ weight-loss drugs for their members
CNBC's Jim Cramer on Monday emphasized his belief that GLP-1 drugs primarily used to treat diabetes and obesity and the companies that make them, like Eli Lilly and Novo Nordisk,…
Stellantis offers buyouts to roughly half of U.S. salaried workers
Carlos Tavares, CEO of Stellantis, poses during a presentation at the New York International Auto Show in Manhattan, New York, on April 5, 2023.David Dee Delgado | ReutersDETROIT —…