CNBC Business

Blumhouse is no longer producing Mattel's Magic 8 Ball movie.

Peloton is slashing about 780 jobs, closing a significant number of its retail stores and hiking the prices of some of its equipment in a bid to be profitable.

The retailer cut its sales forecast in late July, saying consumers are skipping over big-ticket items as they get hit by inflation.

With a recent influx of money pouring into high-yield bonds, financial experts urge caution before piling in. Here's what investors need to know.

These are the stocks posting the largest moves midday.

Florida nursing homes operator Philip Esformes was one of dozens of criminal defendants who received executive clemency from President Donald Trump.

Dunn's financial disclosures show extensive stock, options, bond and private equity holdings — a fortune she and her husband have amassed over the years.

For many investors and analysts, this ordeal brings back memories of the Bayer Roundup saga.

These are the stocks posting the largest moves before the bell.

Here are the most important news items that investors need to start their trading day.

Retailers rushed to enter the subscription space, curating boxes of clothing and other items. But consumers are showing signs they're no longer interested.

Germany is recommissioning some of its coal-fired power plants in order to compensate for a lack of Russian gas.

Just because people can travel doesn’t mean they will, especially in Asia-Pacific, where people have taken a more cautious approach toward the pandemic.

Chinese telecommunications giant Huawei released figures Friday that showed its first quarterly increase in revenue since 2020.

A surge in Covid infections this month stranded tens of thousands of tourists at Hainan's oceanside resort city of Sanya.

The Justice Department had been under pressure to explain why the FBI raid the Florida home of former President Donald Trump.

The public health agency said the virus now poses a significantly lower risk due to high levels of immunity from vaccines and infections.

"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.

"I was very disappointed in the performance of the tech stocks today," Jim Cramer said.

Electric vehicle maker Rivian maintained its full-year guidance for deliveries, but trimmed its full-year financial outlook.