Markets
California's billionaire tax: What's at risk for the biggest state economy in America
Voters in California will decide in November whether to impose a one-time, 5% tax on residents and trusts with a net worth of more than $1 billion.
Markets
Markets
FAA lets Boeing sign off on 737 Max, 787 airworthiness certificates again
The U.S. government on Friday said Boeing can once again issue airworthiness certificates for its bestselling 737 Max aircraft and 787 Dreamliners, an authority that was stripped from the manufacturer after fatal crashe…
Markets
Stocks Tumble as the Rout in Chipmakers Deepens
The S&P 500 Index ($SPX) (SPY) today is down -1.06%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.12%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -2.23%. September E-mini S&P futures (ESU26) are down -0…
Markets
Soybeans Posting Modest Friday AM Strength
Soybeans are showing 2 to 3 cent action so far on Friday. Futures were weaker on Thursday, with contracts down 6 to 7 ¼ cents on the day. Preliminary open interest was up 14,419 contracts. The cmdtyView national average…
Markets
Chipmakers and other high-flying stocks slide as AI trade wobbles
QCOM surged 68% in 30 days on hyperscaler chip news, yet handset revenue fell 13% and operating income dropped 26% last quarter.
Markets
Iraq and Syria sign agreement to restore oil pipeline that would provide alternative to Strait of Hormuz
Iraq and Syria signed an agreement on Friday to rebuild an oil pipeline that would provide an alternative to the Strait of Hormuz.
Markets
End of an era for this long-term bond bull as inflation takes hold and yields trend higher
California’s housing market in 2026 is gradually entering a more consistent but slowing economic phase on exiting the chaotic pandemic-era real estate market. However, it is important to note Los Angeles’s housing marke…
Markets
Semiconductor stocks keep falling as investors go risk-off, Chinese startup releases powerful new AI model
What happened: Semiconductor stocks retreated on Friday. Memory and storage highfliers Micron Technology (MU) and Sandisk (SNDK) stocks dropped more than 2%, and Western Digital (WDC) fell more than 3%.
Markets
Amazon's Zoox issues software recall after robotaxi drove into heavy smoke
Amazon-owned Zoox recalled software in 105 of its robotaxis over concerns its vehicles failed to detect heavy smoke and drove into it.
Markets
Stocks Settle Lower as Chipmakers and AI Stocks Slump
The S&P 500 Index ($SPX) (SPY) on Thursday closed down -0.51%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.20%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.62%. September E-mini S&P futures (…
Markets
Bond yields are sending a new signal about Fed rate hikes
Kevin Warsh’s first Federal Reserve meeting delivered a clear message to markets: inflation is back at the center of policy. The Fed held rates steady at 3.5% to 3.75%, but Warsh’s debut press conference, a shorter poli…
Markets
Israeli strikes kill Palestinians attending Gaza funeral for earlier strike victim
DEIR AL-BALAH, Gaza Strip (AP) — Israeli strikes in Gaza killed at least 10 Palestinians on Thursday, local hospitals said, even as much of the world’s attention was focused on the fighting between Israel and Hezbollah …
Markets
Import prices post surprise gain as costs of goods from China hit highest since 2008
The cost of goods brought into the U.S. posted an unexpected increase in June as the price of goods from China rose by their largest monthly level in more than 18 years, the Bureau of Labor Statistics reported Friday.
Markets
Earnings call transcript: Vista Energy posts strong Q2 2026 revenue beat
NEW YORK — Sanmina Corp. shares exploded more than 20% on Tuesday, April 28, 2026, surging to $226.90 in early trading after the electronics manufacturing services company delivered a blockbuster second-quarter earnings…
Markets
Is SpaceX’s stock a bust because it fell below $135? Look what happened after Meta’s IPO.
All eyes have been on Space Exploration Technologies (SPCX 3.74%) since its explosive initial public offering. The technology and industrial giant may have stirred up so much excitement due to its exciting mix of busine…
Markets
Can former employers withhold money from your 401(k) when you’re laid off?
Hearing the words, "you're being laid off," can bring on one of the worst feelings in the world. After all, if you're like most people, you probably count on your job to provide you with a paycheck, not to mention healt…
Markets
Credit vs Factoring in Trucking: It’s About Financial Fit
If you're a carrier operating in today's freight market, with tight margins, rate volatility, and rising operating costs, the real issue isn't the tool. It's whether the financing actually fits how your trucking busines…
Markets
Economic outlook is worsening and Trump is getting blamed, CNBC survey finds
Despite a booming stock market and improving inflation numbers, the public is as depressed about the economy as it has been since the years just after the pandemic and increasingly concerned about the cost of everyday g…
Markets
Netflix is spending big money on sports. Is the company making the right bets?
Here are all the details on where to stream movies, TV series, and more from giants like Hulu and Netflix, networks such as Paramount+ and Peacock, and niche services like BritBox
Markets
Chinese automakers are taking on the UK — and many Brits are embracing it
Four weeks ago, he joined the small but growing number of Brits who have bought a Chinese-made vehicle.
Markets
Wheat Bulls Starting Friday Morning with Gains
Wheat is trading 3 to 8 cent gains across the three markets on Friday. The wheat complex slipped back on Thursday, with contracts marginally lower. Chicago SRW contracts saw nearby losses of 1 to 3 cents on the day. Ope…
Markets
Autoliv, Inc. (ALV) Q2 Earnings and Revenues Top Estimates
Autoliv, Inc. (ALV) came out with quarterly earnings of $2.43 per share, beating the Zacks Consensus Estimate of $2.34 per share. This compares to earnings of $2.21 per share a year ago. These figures are adjusted for n…
Markets
Apple dethrones Nvidia as world's most valuable company, ending the chipmaker's long run at the top
Apple surpassed Nvidia in market value on Friday to reclaim its spot as the world's most valuable company.
Markets
Canadian baker FGF buys Metro production site
When a $22-billion grocery giant hands off its bakery plant to Canada's largest industrial baker, it's not a retreat—it's a playbook. On July 16, 2026, METRO Inc. (TSX: MRU) and FGF Brands announced a strategic partners…