Markets
Who qualifies for the bigger IRS tax break on gas — and how to get the most of it
President Trump has called for a temporary waiver of the federal gas tax, which costs drivers 18.4 cents per gallon.
Markets
Markets
IRS chief Bisignano: 'We should have every family enrolled in a Trump Account'
IRS CEO Frank Bisignano, who has been tapped to lead the expansion of Trump Accounts, told CNBC's "Squawk Box" on Thursday that he expects every family could someday have one of the new tax-deferred investment accounts …
Markets
The Lehman Bros. moment of the AI bubble is coming, says this critic warning of fallout for tech stocks and the entire market
What to know about positioning for the second half of 2026, and where we see opportunity by sector.
Markets
Wheat Rallies on Wednesday following Black Sea Escalation
The wheat complex was in rally mode leading to the grains higher on Wednesday, with export concerns out of the Black Sea. Chicago SRW contracts were mostly 26 to 32 1/2 cents in the green at the close. KC HRW futures we…
Markets
IRS tax liens can be a 'kiss of death,' consumer advocate says — and they're on the rise
There has been an uptick in the number of tax liens filed by the Internal Revenue Service in recent years, exposing more people who owe a federal tax debt to potential job loss, the inability to secure loans and other d…
Markets
Thursday Sector Leaders: Trucking, Paper & Forest Products
Also showing relative strength are paper & forest products shares, up on the day by about 3.5% as a group, led by Sylvamo, trading higher by about 6.1% and Louisiana-Pacific, trading up by about 4.2% on Thursday.
Markets
Retail sales get a boost from car buyers and Amazon Prime Day. The economy hasn’t lost its mojo.
Sales at retailers rose in June as Americans bought more new cars and spent more online during Amazon’s annual summer sales event, signaling steady growth in the U.S. economy.
Markets
Soybeans Close with Strength, as Crush Data Exceeds Estimates
Soybeans were up 7 ½ to 11 cents at the Wednesday close. The cmdtyView national average Cash Bean price was up 8 3/4 cents $11.55 1/2. Soymeal futures were $1.50 to $3.70 higher at the close, with Soy Oil futures 16 to …
Markets
Why Sandisk Stock Skyrocketed 857% In the First Half of 2026
Sandisk (NASDAQ: SNDK) stock has accelerated in 2026 as the company taps into the surging demand for memory processors. Sandisk is a leader in NAND Flash memory, which is used for everything from smartphones to artifici…
Markets
Commerce Bancshares (CBSH) Q2 Earnings and Revenues Beat Estimates
Commerce Bancshares (CBSH) came out with quarterly earnings of $1.14 per share, beating the Zacks Consensus Estimate of $1.02 per share. This compares to earnings of $1.07 per share a year ago. These figures are adjuste…
Markets
Nvidia-backed Fireworks hits $17.5 billion valuation as companies pursue cheaper AI models
The cost of the latest artificial intelligence models is increasingly breeding anxiety among finance executives, who have started directing employees to consider open-source alternatives.
Markets
Eli Lilly to buy psychedelics maker AtaiBeckley for $2.8 billion as experimental treatments gain traction
Eli Lilly will acquire psychedelic drugmaker AtaiBeckley for $2.8 billion up front, the company said Thursday, as momentum grows for using versions of the drugs as mental health treatments.
Markets
Insteel Industries (IIIN) Q3 Earnings and Revenues Surpass Estimates
Insteel Industries (IIIN) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.78 per share a year ago. These figures are adjusted…
Markets
S&P 500, Nasdaq open lower as chip stocks weaken
Major U.S. indices weakened, with the Nasdaq and S&P 500 turning negative, while chip, computer hardware, and AI stocks led declines. Gambling and airline stocks bucked the trend. Analysts warn of market tops, citing ov…
Markets
Why McDonald's stock is at nearly 2-year lows
Quick insight: McDonald's share price is now hovering around two-year lows, according to Yahoo Finance AlphaSpace data. At a forward P/E multiple of about 20.7 times, the Golden Arches' stock trades on the lowest multip…
Markets
Almost half of Americans say they can’t afford to save for retirement right now
At a time of sticky inflation and a softening job market, extra money in the bank can serve as a lifeline for many consumers. Yet just 47% of Americans indicate they have sufficient liquidity or access to funds to cover…
Markets
‘Respect is important’: If my financial adviser said, ‘Hey,’ my wife and I would walk out. Where do you draw the line?
When Leena Nair became the first woman to lead Chanel in 2021, she wasn’t the obvious choice — and she knew it. “Why me?” she remembers asking. But as a mentor told her, “Never say that again.”
Markets
GXO Logistics (GXO) Surges 5.3%: Is This an Indication of Further Gains?
GXO Logistics (GXO) shares rallied 5.3% in the last trading session to close at $52.29. This move can be attributed to notable volume with a higher number of shares being traded than in a typical session. This compares …
Markets
U.S. grocery slowdown deepens as shoppers buy fewer items, raising pressure on food companies
Shoppers are buying fewer items than a year ago, and grocery sales are declining as weakening unit sales are now outweighing rising prices. That is according to new analysis from Bain & Company using NielsenIQ grocery d…
Markets
Banking Committee's Sen. Rounds liked Warsh's 'tone' in first testimony as Fed chairman
Sen. Mike Rounds, R-S.D., a member of the Senate banking committee, said on CNBC's "Squawk Box" on Thursday that Federal Reserve Chairman Kevin Warsh struck the right in an appearance before the panel this week.
Markets
Sen. Warren says Trump's CFPB overhaul has cost Americans $26.5 billion
Sen. Elizabeth Warren, D-Mass., said Thursday that the Trump administration's overhaul of the Consumer Financial Protection Bureau has cost Americans up to $26.5 billion so far, the latest Democratic critique of sweepin…
Markets
He backed Tesla and SpaceX before anyone else — here is the impossible bet he is making now
This isn’t the new Musk biography everyone’s talking about. This is the 2015 Musk biography by Ashlee Vance. I started reading it in July, before I knew there was a new one. It’s fine: Musk never changes. He’s always be…
Markets
Nvidia unveils new AI model and expands Japan’s physical AI ecosystem
Nvidia unveiled a new AI model for robots and vision AI agents on Wednesday, deepening its push into the physical AI market in Japan.
Markets
You are missing the bond deal of the decade — and it is guaranteed to beat inflation
One-year fixed savings accounts are offering inflation-beating rates of up to 4.9%. We've rounded up the best deals available on the market now.