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Check out the companies making headlines in midday trading. CrowdStrike – The stock fell more than 10% after an update by the cybersecurity firm caused a major IT outage that affected airlines, hospitals, financial services firms and other businesses . Shares of Microsoft were also marginally lower following the news…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. U.S. stocks were lower across the board Friday as Wall Street wraps up a week dominated by a fierce rotation out of high-flying tech…
Cyn Carranza buffs, cleans, waxes and scrubs Disneyland floors starting at midnight, so that guests coming the next morning feel as if no one had been there before them. But after her shifts working near a sparkling Sleeping Beauty Castle, she went “home” to a car, for about four months…
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One of the biggest-ever IT outages has disrupted companies across the world, from airlines to financial services and media groups, after what should have been a routine software update cascaded into crisis. Thousands of flights were cancelled on Friday, workers in cities from Tokyo to London were unable to log…
Biden campaign co-chair reacts to Democrat-funded TV ad urging him to drop out of race Rep. Veronica Escobar, national co-chair for the Biden-Harris campaign, speaks with CNN about a TV ad funded by a group of Democrats urging him to drop out of the 2024 presidential race. Read the full…
The IRS has issued more guidance on the required minimum distribution (RMD) rules—this time in the form of final regulations. The final regulations offer some clarity on the withdrawal and eligibility requirements for inherited IRAs. RMDs By law, you are required to withdraw funds from your retirement account each year…
Mortgage and rental costs are shifting throughout the country, with some parts of the country paying astronomical rent costs and others facing steep monthly mortgage payments. In certain cities in the Bay Area, for example, owning a home costs at least $2,000 more than renting, a Smart Asset study found.…
A federal appeals court on Thursday issued a ruling that blocks the Biden administration from continuing to implement a new version of its student loan debt handout plan that is designed to reduce monthly payments for borrowers. The U.S. Eighth Circuit Court of Appeals granted a request by seven Republican…
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