Sopa Images | Lightrocket | Getty Images Shares of Gilead fell more than 10% on Monday after a key drug from the company did not significantly extend the lives of patients with a certain lung cancer in a late-stage trial. The results are a blow to Gilead, which is working […]
CNBC News
Gilead stock falls after disappointing lung cancer study results
Sopa Images | Lightrocket | Getty Images Shares of Gilead fell more than 9% on Monday after a key drug from the company did not significantly extend the lives of patients with a certain lung cancer in a late-stage trial. The results are a blow to Gilead, which is working […]
Trump sex assault defamation trial postponed after juror calls in sick
Former U.S. President Donald Trump leaves Trump Tower for Manhattan federal court for the second defamation trial against him, in New York City on Jan. 22, 2024. Charly Triballeau | AFP | Getty Images The sex assault defamation trial of former President Donald Trump in New York was postponed Monday […]
Spirit Airlines shares extend rebound after it appeals ruling blocking JetBlue merger
Spirit and JetBlue planes at Fort Lauderdale-Hollywood International Airport (FLL) in Fort Lauderdale, Florida, US, on Wednesday, Nov. 1, 2023. Eva Marie Uzcategui | Bloomberg | Getty Images Spirit Airlines shares jumped about 10% Monday after the budget carrier and JetBlue said after the market closed on Friday they would […]
Here’s why owning a timeshare may not be worth it
Timeshares have become increasingly common — and expensive. About 10 million U.S. households own a timeshare, and the average price of one of these vacation homes rose to $23,940 in 2023, a more than 30% increase since 2018, according to the American Resort Development Association. While the industry has grown […]
How private credit became one of the hottest investments on Wall Street
Private credit has quickly become one of Wall Street’s most popular investment classes in 2023. Alternative data platform Preqin projects this asset class will reach $2.7 trillion by 2027. Several firms such as Apollo Global and Ares Management have grown this market from just $250 billion in 2010. This happened […]
This scenic town in Croatia is selling houses for just 13 cents—but there’s a catch
Forget a penny for your thoughts; what about 13 cents for a house in Croatia? Legrad, a town in northern Croatia, has been trying to get more people to settle in the area by offering houses for pennies. It’s an initiative they started in 2018. The small town, with around […]
Cargo theft spiked over 57% in 2023 vs. 2022, new data shows
Cargo theft incidents were up more than 57% in 2023 compared with the year prior, according to CargoNet, a Verisk company. “I think we’re at an all-time high. I haven’t seen cargo theft at this level,” Scott Cornell, the national practice transportation lead at Travelers, told CNBC. Nearly $130 million […]
Why China poses a growing threat to the U.S. auto industry
A BYD Seagull small electric car is on display during the 20th Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center (Shanghai) Vcg | Visual China Group | Getty Images DETROIT – Chinese automakers pose a growing threat to their American counterparts — even without selling directly […]
Trump sex assault defamation trial postposed after juror sick
Former US President Donald Trump leaves Trump Tower for Manhattan federal court for the second defamation trial against him, in New York City on January 22, 2024. Charly Triballeau | AFP | Getty Images The sex assault defamation trial of former President Donald Trump was postponed Monday when a juror […]