U.S. to boost baby formula imports to ease nationwide shortage after Abbott Nutrition recall
During the first week of May, 43% of baby formula supplies were out of stock at stores across the U.S., according to Datasembly.
CNBC Business
Tax professionals ‘horrified’ by IRS decision to destroy data on 30 million filers
The IRS destroyed an estimated 30 million so-called paper-filed information returns in March 2021, sparking anger from the tax community.
Buy now, pay later is not a boom, it’s a bubble, Harvard researcher says
Since the start of the coronavirus pandemic, installment payments have exploded in popularity along with a general surge in online shopping.
United reaches new contract deal with pilots' union, the first of the major airlines in pandemic
United is the first major U.S. airline to reach an agreement with its pilots.
Ahead of hurricane season and summer storms, be sure you know how weather events are covered by your homeowners insurance
Regardless of where you live, it's important to know which types of weather-related damage your homeowners insurance covers.
5 things to know before the stock market opens Friday
U.S. stock futures bounced Friday, with the S&P 500 trying not to join the Nasdaq in a bear market.
Stocks making the biggest moves premarket: Twitter, Affirm, Robinhood and more
These are the stocks posting the largest moves before the bell.
With floods and electricity shortages, South Africa's economy is threatening to go into reverse
South Africa's economy picked up momentum in the first quarter of the year, but flooding in a key province and power cuts are putting the brakes on its recovery.
Want to travel to space? In 2024, balloons might take you part of the way there
Space tourism companies such as Blue Origin, Virgin Galactic and SpaceX rely on rockets. Others plan to use balloons to take travelers into the stratosphere.
Cramer's lightning round: I'm going to pass on Harley-Davidson
"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.
The stocks of several electric vehicle companies surged on Thursday
Beaten-up shares of several EV start-ups traded sharply higher on Thursday.
Jim Cramer says investors shouldn’t allow a tumultuous market prevent them from finding ‘better opportunities’
"We can never stop looking for opportunity," the "Mad Money" host said.
GameStop jumps 10% in odd trading; AMC shares also rise
Two main meme stocks unexpectedly jumped Thursday, with no apparent news driving the moves.
GM shares hit new 52-week low following Wells Fargo downgrade
Wells Fargo lowered GM's rating after market close Wednesday to "underweight" and cut the company's price target from $74 a share to $33 a share.
Stocks making the biggest moves midday: Carvana, GameStop, AMC, General Motors and more
These are the stocks posting the largest moves in midday trading.
Coach owner Tapestry predicts China troubles will start to ease in June
Tapestry said it's expecting lockdowns in Shanghai will be lifted at the beginning of June, followed by gradual improvements thereafter.
Unity CEO says 'we expect to be profitable' in Q4 after rough quarter
Shares of the video software developer tumbled 37.05% on Wednesday, reaching a new 52-week low earlier in the day.
U.S. licenses key Covid vaccine technology to WHO so other countries can develop shots
The license would help the World Health Organization work with manufacturers around the world to produce their own Covid-19 vaccines.
Boeing considers redesigning problematic valve that has kept Starliner from flying NASA astronauts
Boeing is examining whether to redesign the propulsion valves on its Starliner crew capsule, a system has already kept the company from flying astronauts.
U.S. airline bookings dropped 17% in April as flights got even more expensive
Domestic fares continued to surpass 2019 levels due to a rebound in demand and more expensive fuel this year.
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