John Eastman, former lawyer to Donald Trump, speaks to members of the media after leaving the State Bar Court of California in Los Angeles, California, US, on Tuesday, June 20, 2023. Eric Thayer | Bloomberg | Getty Images Attorney John Eastman on Monday was ordered to pay a $100,000 bond […]
CNBC News
American Airlines pilots approve sweetened labor deal with big raises
An American Airlines plane takes off from the Miami International Airport on May 02, 2023 in Miami, Florida. Joe Raedle | Getty Images American Airlines pilots approved a sweetened labor deal, making the carrier the second major U.S. airline to seal a new contract with its highest-paid work group. The […]
Tilray is buying beverage brands from Molson Coors, Anheuser-Busch as cannabis industry struggles
Dry cannabis flowers inside the packaging room at the Aphria Inc. Diamond facility in Leamington, Ontario, Canada, on Wednesday, Jan. 13, 2021. Anne Sakkab | Bloomberg | Getty Images Tilray Brands is expanding its footprint in alcoholic and cannabis beverages, buying up brands from Molson Coors and Anheuser-Busch as legal […]
Mortgage rates hit their highest point since 2000
Ryan Ratliff (C), Real Estate Sales Associate with Re/Max Advance Realty, shows Ryan Paredes (L) and Ariadna Paredes a home for sale on April 20, 2023 in Cutler Bay, Florida. Joe Raedle | Getty Images Mortgage rates jumped Monday, following a rise in bond yields driven by investors’ concerns that […]
Covid vaccine stocks jump as new variants emerge ahead of fall shot rollout
Nikos Pekiaridis | Lightrocket | Getty Images Covid vaccine makers’ shares rose Monday as new variants of the virus emerge in the U.S. ahead of the rollout of updated shots this fall. Shares of Novavax jumped more than 13%. Moderna‘s stock rose more than 9%. Shares of BioNTech, which jointly […]
California braces for more flooding after Hilary drenches Los Angeles with record rain
A driver whose car stalled out on flooded Avenue 48 gets bottled water from a passing motorist while waiting for help during tropical storm Hilary on August 20, 2023 in Coachella, California. Gina Ferazzi | Los Angeles Times | Getty Images California was bracing for more flash flooding on Monday […]
Palo Alto Networks shares rise more than 16% after earnings report
Nikesh Arora, Palo Alto Networks Adam Galica | CNBC Shares of Palo Alto Networks rose more than 16% in Monday afternoon trading, continuing a rally that began when the security software vendor reported stronger-than-expected fiscal fourth-quarter earnings last week. The company reported adjusted quarterly earnings per share of $1.44 versus […]
Stocks making the biggest moves midday: Palo Alto Networks, Nvidia, Tesla, Marvell and more
An exterior view of the Nvidia headquarters in Santa Clara, California, May 30, 2023. Justin Sullivan | Getty Images Check out the companies making headlines in midday trading. Palo Alto Networks — The security software provider jumped 15.2% after Palo Alto beat expectations for earnings when reporting after the bell […]
Penny stocks can be riskier than any other stock. Here’s why they’re so dangerous.
Outside of the mainstream stock exchanges, there is a lesser known marketplace with divergent regulations and low-priced “penny” stocks — which despite the name — trade at $5 and below and may lure in unsuspecting investors looking for wealth on Wall Street. Through the years, authorities have busted massive penny-stock […]
American workers are demanding almost $80,000 a year to take a new job
Commuters arrive into the Oculus station and mall in Manhattan, New York, Nov. 17, 2022. Spencer Platt | Getty Images The amount of money most workers want now to accept a job reached a record high this year, a sign that inflation is alive and well at least in the […]