Business

Sales of previously owned homes are sitting at a 30-year low and didn’t move much in May as prices hit a new record and mortgage rates remain high. So-called existing home sales in May were essentially flat, down 0.7% from April to a seasonally adjusted, annualized rate of 4.11 million units, according to the National

In this article LLY Follow your favorite stocksCREATE FREE ACCOUNT An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City, Dec. 11, 2023. Brendan McDermid | Reuters Eli Lilly on Friday said it applied for U.S. approval of its weight loss drug Zepbound for the treatment of the most common sleep-related

A Forever 21 store is pictured in London on Sept. 30, 2019. Alberto Pezzali | NurPhoto | Getty Images Forever 21 is asking landlords for a break on rent as the legacy fast-fashion player’s sales decline and it struggles to keep up with savvier competitors, CNBC has learned. The retailer, which has more than 380

In this article WSC Follow your favorite stocksCREATE FREE ACCOUNT Starlink Mini promotional image. SpaceX customer email sent June 19, 2024. SpaceX is rolling out a compact version of its Starlink antennas, which the company is advertising as a mobile option for its satellite internet customers. “Starlink Mini is a compact, portable kit that can

In this article GILD Follow your favorite stocksCREATE FREE ACCOUNT The logo of Gilead Sciences pharmaceutical company is seen in Oceanside, California, April 29, 2020. Mike Blake | Reuters Gilead‘s experimental twice-yearly medicine to prevent HIV was 100% effective in a late-stage trial, the company said Thursday. None of the roughly 2,000 women in the

In this article BA Follow your favorite stocksCREATE FREE ACCOUNT [The stream is slated to start at 2:00 PM ET. Please refresh the page if you do not see a player above at that time.] Boeing CEO Dave Calhoun will face questions from the Senate Permanent Subcommitee on Investigations on Tuesday over quality control concerns

Henrik Fisker stands with the Fisker Ocean electric vehicle after its unveiling at the Manhattan Beach Pier ahead of the Los Angeles Auto Show and AutoMobilityLA in Manhattan Beach, California. on Nov. 16, 2021. Patrick T. Fallon | AFP | Getty Images Fisker on Monday became the latest all-electric vehicle startup to file for Chapter

Amy Poehler and Maya Hawke voice Joy and Anxiety, respectively, in Disney and Pixar’s “Inside Out 2.” Disney | Pixar A big piece has been missing from the box office — family films. A handful of kid-friendly hits — Universal’s “Super Mario Bros.” chief among them — have boosted ticket sales. But many family features

In this article STLA GM F Follow your favorite stocksCREATE FREE ACCOUNT Employees on the assembly line produce cars in Mazda’s “Family” line of vehicles at China First Automobile Works (FAW) Group Haima Automobile Co., Ltd. April 6, 2005 in Haikou, Hainan Province, China. China Photos | Getty Images DETROIT – The traditional Detroit automakers

In this article BA Follow your favorite stocksCREATE FREE ACCOUNT Boeing’s CEO Dave Calhoun and chief engineer Howard McKenzie turn to face those who lost loved ones in fatal crashes as they testify before a Senate Homeland Security and Governmental Affairs Committee Investigations Subcommittee hearing on the safety culture at Boeing, on Capitol Hill in

Fg Trade | E+ | Getty Images Generation X may be the biggest beneficiaries from the $84 trillion Great Wealth Transfer in the next 10 years, according to a new study. While millennials and members of Generation Z are expecting the biggest inheritances in the coming years as baby boomers pass down their fortunes, Gen

In Disney and Pixar’s “Inside Out 2,” Joy, Sadness, Anger, Fear and Disgust meet new emotions. Disney | Pixar Disney and Pixar brought a big dose of joy to the box office this weekend. “Inside Out 2” debuted with an estimated $155 million domestically, the second-highest theatrical opening of an animated film and the first

In this article MRK Follow your favorite stocksCREATE FREE ACCOUNT Zoom In IconArrows pointing outwards Merck’s new pneumococcal vaccine. Courtesy: Merck The Food and Drug Administration on Monday approved Merck‘s new vaccine designed to protect adults from a bacteria known as pneumococcus that can cause serious illnesses and a lung infection called pneumonia, the drugmaker

In this article LLY Follow your favorite stocksCREATE FREE ACCOUNT A pharmacist holds boxs of Eli Lilly & Co. Mounjaro brand tirzepatide medication arranged at a pharmacy in Provo, Utah, US, on Monday, Nov. 27, 2023.  George Frey | Bloomberg | Getty Images Skyrocketing demand for a class of weight loss and diabetes treatments has

In this article DIS PARA NFLX CMCSA Follow your favorite stocksCREATE FREE ACCOUNT Brock Purdy #13 of the San Francisco 49ers prepares to take a snap in the first quarter against the Kansas City Chiefs0 during Super Bowl LVIII at Allegiant Stadium on February 11, 2024 in Las Vegas, Nevada.  Michael Reaves | Getty Images

In this article @CC.1 JJSF MDLZ HSY Follow your favorite stocksCREATE FREE ACCOUNT Dried cocoa beans at the Somos Cacao farm and production facility in Ragonvalia, Norte de Santader department, Colombia, on Friday, March 22, 2024.  Ferley Ospina | Bloomberg | Getty Images There’s pricing pressure taking hold of a specific corner of global agriculture

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT In Disney and Pixar’s “Inside Out 2,” Joy, Sadness, Anger, Fear and Disgust meet new emotions. Disney | Pixar Disney is looking to bring a little joy to theaters with its upcoming release of Pixar’s “Inside Out 2.” Current expectations see the animated sequel easily

In this article BA Follow your favorite stocksCREATE FREE ACCOUNT A satellite image shows an overview of the International Space Station with the Boeing Starliner spacecraft, June 7, 2024. Maxar Technologies | Via Reuters Boeing‘s Starliner capsule “Calypso” will stay at the International Space Station twice as long as the mission originally planned, NASA announced

In this article BA LMT Follow your favorite stocksCREATE FREE ACCOUNT A mass simulator version of a New Glenn rocket is moved for testing in November 2021. Blue Origin The Pentagon announced the first winning bidders in its rocket launch contract sweepstakes on Thursday, with Jeff Bezos‘ Blue Origin grabbing a spot for the first

In this article STLA STLA Follow your favorite stocksCREATE FREE ACCOUNT Stellantis CEO Carlos Tavares speaks to media on June 13, 2024 following the company’s investor day at its North American headquarters in Auburn Hills, Mich. Michael Wayland / CNBC AUBURN HILLS, Mich. — Stellantis is correcting what CEO Carlos Tavares described Thursday as “arrogant”