Check out the companies making headlines in midday trading: Tapestry , Capri — Shares of Tapestry rallied more than 14%, while Capri's stock tumbled 47%. The sharp moves come after a judge ruled in favor of the Federal Trade Commission's case to block Tapestry's acquisition of Capri . L3Harris...
Many factors make it hard to buy a home today, but the one that makes "the biggest difference" in today's market is the housing shortage, Property Brother Drew Scott said at CNBC's Your Money event on Thursday."I don't think people realize this shortage of housing that we have affects...
Christian Lindner, Germany's finance minister, during a meeting Janet Yellen, US treasury secretary, not pictured, at the annual meetings of the IMF and World Bank in Washington, DC, US, on Thursday, Oct. 24, 2024.Ting Shen | Bloomberg | Getty ImagesGerman Finance Minister Christian Lindner on Friday warned that if...
Check out the companies making headlines in premarket trading. Deckers Outdoor — The maker of Ugg and Hoka jumped 14% following its big earnings beat. Deckers posted earnings of $1.59 per share, topping the $1.24 a share expected from analysts polled by LSEG. Revenue was $1.31 billion, well above...
Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.
Delmaine Donson | E+ | Getty ImagesHealth savings accounts offer perhaps the best tax perks relative to other investment accounts.But most account holders use them in a way that dilutes their benefits, data shows.Just 19% of HSA participants invest their account assets, according to a new survey by the...
Billionaire investor Ron Baron told CNBC on Friday that he expects SpaceX to IPO its Starlink satellite internet service "in 2027 or so.""We think that by the time they go public with SpaceX, with Starlink ... in 2027 or so, four years, the company will be worth $250 billion...
Stephanie LandSource: Simon and SchusterStephanie Land's daughter, Emilia, was 7 months old when Land was forced to leave her volatile partner. What came next for the single mother was homelessness and food insecurity — but somehow, at the same time, Land also worked to finish her college degree and pursue...
The world's biggest bank is facing a unique challenge in the largest market on the planet, as it has been forced to resort to moving trades across Manhattan using a physical USB drive. The American branch of Industrial & Commercial Bank of China Ltd., the largest bank globally, has been...
Check out the companies making headlines in midday trading. Groupon — Shares plunged 39.5%, a day after the online marketplace company posted third-quarter revenue and global gross billings that fell short of expectations. Separately, it approved an $80 million, fully backstopped rights offering to shareholders. Wynn Resorts — The...
SEC Chair Gary Gensler has been able to forge ahead with an aggressive rulemaking agenda despite strong industry pushback and political pressure from Capitol Hill. But something looms in November that would stop him in his tracks — a government shutdown. Federal funding is set to ex Learn more about reprints...
