The Russian ruble has fallen below the 100-per-dollar threshold, prompting concerns about the country's balance of payments and leading to debates about intervention measures.
TikTok is testing a monthly subscription service that offers an ad-free experience, but it is currently only available in one market outside of the U.S. and may not be expanded further.
The National Highway Traffic Safety Administration (NHTSA) is expanding its investigation into Ford trucks and SUVs built with a faulty valve that could lead to engine failures, covering a total of 708,000 vehicles from model years 2021 and 2022.
Chinese EV giant BYD, backed by Warren Buffett's Berkshire Hathaway, could potentially overtake Tesla as the top-selling electric car brand after Tesla's disappointing Q3 deliveries.
Despite the ongoing strike by the United Auto Workers union, General Motors reported a significant increase in third-quarter U.S. new vehicle sales, outpacing industry expectations, but potential sales and supply chain issues may arise if the strike continues or expands.
Netflix is planning to raise the price of its ad-free service after the Hollywood actors' strike ends, likely starting with the United States and Canada, according to the Wall Street Journal.
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Tesla has added a cheaper Model Y RWD to its US website, with a base price of $43,990, making it potentially the cheapest Model Y available in the US, after incentives, and it is speculated that the model uses Tesla's cheaper Lithium-Iron-Phosphate (LFP) battery.
A New Jersey appeals court has overturned a $223.8 million verdict against Johnson & Johnson, ruling that the lower court judge erred in allowing certain scientific expert testimony in a case where plaintiffs claimed they developed cancer from talc powder products containing asbestos.
Krispy Kreme is considering selling its majority stake in Insomnia Cookies in order to refocus on its core doughnut business.
The Biden administration plans to update rules restricting the shipment of AI chips and chipmaking tools to China in order to stabilize relations between the two countries, with the announcement expected as early as October.
Pharmaceutical company Eli Lilly is set to acquire Point Biopharma, causing the cancer-treatment stock to surge by 84%.
Elon Musk is being sued for libel after he promoted baseless claims suggesting a California man was a government agent posing as a neo-Nazi, amid ongoing criticism of X's handling of hateful and false posts.
A Taco Bell employee in North Carolina was shot by a customer over a dispute about incorrect change, resulting in life-threatening injuries for the employee.
Macy's plans to open up to 30 smaller stores in strip malls over the next two years as part of its strategy to attract customers away from dying malls and into bustling suburbs, marking an inflection point for the department store operator.
Tesla has re-released a cheaper version of its Model Y vehicle in the United States due to a demand issue.
A California federal judge ruled that Tesla owners cannot pursue claims in court that the company falsely advertised its automated features, instead forcing them into individual arbitration.
Ford has laid off 243 workers at its Chicago Heights stamping facility due to the strike at the nearby Chicago Assembly Plant, resulting in reduced production of parts.
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Target will close three stores in Portland, resulting in the loss of 158 jobs for employees who are not represented by a union.
Facebook and Instagram owner Meta is reportedly in talks with European Union data protection regulators to launch an ad-free subscription version of its services in the region, as it faces challenges to its tracking and profiling practices that allegedly breach EU privacy laws.
Wall Street's key indexes dropped as Treasury yields rose to their highest levels since 2007, causing concerns over higher interest rates and leading to a decline in megacap stocks such as Apple, Tesla, Amazon, Alphabet, and Microsoft.
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Treasury yields continued to rise, reaching the highest levels since before the 2007-2009 recession, as investors demand more compensation to hold Treasuries and the bond-market selloff deepens, which has impacted stock markets and wiped out gains.
The Federal Communications Commission (FCC) has reached a settlement with Dish Network for failing to properly dispose of a satellite, marking the FCC's first penalty related to space debris.
Netflix is reportedly considering raising its streaming plan prices in several markets globally, potentially starting with the U.S. and Canada, following the resolution of the SAG-AFTRA actors strike, joining other streaming services that have recently increased their prices.
Société Générale's strategist Albert Edwards warns of a potential stock market crash similar to the 1987 event if the surging bond yields continue, with lingering concerns about overvalued stocks and recessionary signals adding to the alarm.
Chinese property firm Evergrande sees a jump in shares after trading resumes, despite facing scrutiny over suspected crimes.
Campbell Brown, Meta's vice president of media partnerships, is leaving the company after seven years and will become a consultant, as Meta continues to shift away from news and focus more on entertainment and short-form video.
Tux, a cat, was accidentally left inside a Lyft vehicle by her owner, leading to a social media campaign and intense search efforts to find her, ultimately resulting in a happy reunion.
Stock markets experienced a decline as Treasury yields reached a 16-year peak, leading to a 1.2% decrease in the Dow Jones Industrial Average and notable declines in the S&P 500 and Nasdaq Composite, with concerns of higher interest rates provoking fears of an economic recession.
Amazon's Prime Big Deal Days event offers discounts of up to 71% on smart displays, making it a great time to invest in an Echo Show with a voice assistant to enhance your daily activities.
The Supreme Court is set to determine the constitutionality of the Consumer Financial Protection Bureau's funding structure, which could have significant implications for the agency's future and its actions since it was established in 2010.
Former President Donald Trump has been excluded from the Forbes 400 list of the wealthiest Americans due to a decline in his net worth, primarily attributed to the underperformance of his social media platform, Truth Social, and a decrease in the value of his San Francisco office building, among other factors.
Applebee's has brought back its famous $1 margarita deal, along with other seasonal drinks, much to the delight of fans.
Health insurance giant Cigna will pay over $172 million to settle federal claims that it knowingly submitted false diagnosis codes under the federal Medicare Advantage program.
NextEra Energy stock has experienced a recent decline, but it is still a good long-term investment due to its value and potential for dividend growth, despite recent downgrades and concerns from analysts.
Federal Reserve Governor Michelle Bowman expects additional interest rate hikes to combat inflation as rising energy prices pose a threat to progress.
Shares of China Evergrande surged 42% after trade resumed following the suspension caused by the chairman's police surveillance and the company's ongoing financial troubles.
Several prominent mega-cap tech stocks including Apple, Amazon, Meta, Alphabet, Nvidia, Tesla, and Microsoft, referred to as the Magnificent Seven by CNBC's Jim Cramer, are able to hold their own against the gravitational pull of the bond market due to their cash reserves and strong balance sheets.
Chinese electric-vehicle maker BYD surpassed Tesla in global EV production for the first time.
Billionaire investor Bill Ackman predicts that the Federal Reserve is likely done raising interest rates as the economy slows down, but warns of continuing spillover effects and expects bond yields to rise further.
The average rate on the 30-year fixed mortgage rose to 7.72%, the highest since 2000, due to climbing yields on the 10-year Treasury and strong economic data, resulting in decreased housing market activity and affordability concerns.
A $2 million winning Powerball ticket was sold in Greenville, South Carolina, with additional smaller winnings at a supermarket in Myrtle Beach.
Chipotle Mexican Grill is testing automation technology in collaboration with Hyphen to make customers' burrito bowls and salads for digital orders only, in an effort to cut down on labor costs and improve order consistency and speed.
