Author: Editor-In-Chief
Even Friday’s massive market snapback couldn’t erase all of the week’s damage. After several days of selling, the tech sector rallied, with the Nasdaq up more than 2% on Friday. Chipmakers Nvidia and Broadcom led the way with gains of 7.8% and 7.2%, respectively. The S&P 500 index rose nearly 2% at one point. Despite gains in the second half of the week, both indexes recorded declines this week. The Nasdaq fell 1.8% and the S&P 500 fell 0.1%. The story is different for the Dow Jones Industrial Average, which benefited from a rotation from growth stocks in software and…
Once Upon a Firm co-founder Jennifer Garner (center) and Once Upon a Firm co-founder Cassandra Curtis (center right) during the company’s initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) on Friday, February 6, 2026, in New York, USA. Michael Nagle | Bloomberg | Getty ImagesA farm from a long time ago made its public market debut on Friday, trading on the New York Stock Exchange under the ticker “OFRM.”The stock price opened at $21 per share, up 16% from its opening price. The stock ended Friday up 17%.The organic children’s nutrition company on Thursday…
Jerusalem — The first week after the partial reopening of the Rafah border between Gaza and Egypt was marked by confusion and logistical hurdles, according to sources who spoke to CNN on condition of anonymity. The disruption has resulted in far fewer Palestinians crossing the Egypt-Gaza border than expected, nearly two years after Israel seized and sealed the border. When the partial reopening was announced last week, Israeli security officials told CNN that 150 Palestinians would be allowed to leave Gaza per day, while only 50 would be allowed to enter the country. However, even the details were unclear, with…
With two games left in the NFL as the New England Patriots take on the Seattle Seahawks in Super Bowl 60, how will this Sunday’s game at Levi’s Stadium be decided?Jackson Smith – Nijiba ProblemThe Seattle Seahawks enter Super Bowl 60 with the best player on the field, and the best player on most of the field in the NFL this season. Once seen as a replacement for DK Metcalf and Tyler Lockett, Jackson Smith-Nijiva has risen to the status of one of the league’s elite wide receivers this year, becoming a critical outside weapon for Sam Darnold and Clint…
Layoff and employment rates have remained low in recent months. That may be starting to change, and not in a good way.Layoffs announced last month were the highest for January since 2009, according to a report released Thursday by global outplacement firm Challenger, Gray & Christmas. This is consistent with the nationwide trend of job cuts.U.S.-based employers announced 108,435 layoffs last month, a 118% increase from the 49,795 layoffs announced in January 2025 and a 205% increase from the 35,553 layoffs announced in December, according to the Challenger report, which is based on corporate layoff announcements.The report also noted last…
Fabio Wardley’s team has held discussions regarding the possibility of defending his WBO world heavyweight title against Daniel Dubois.WBO champion Wardley is considering options for his first title defense, and Dubois, who is ranked No. 4 in the WBO rankings, is on the short list of potential opponents. Filip Hrgovic and Jiray Zhang are two strong contenders in the WBO top 15, but Wardley and fellow Briton Derek Chisora were unable to agree on terms for the fight. Wardley’s manager Mike Ofo told Sky Sports: “Fabio wanted a fight with Oleksandr Usyk after beating Joseph Parker, but he chose to…
Jim Cramer is a big fan of social media company Reddit, which on Thursday reported big increases in sales and bottom line profits. “I really like this company. I wish I could buy it today for a charitable trust,” Kramer said on “Squawk on the Street” Friday. Kramer used hyperbole to get his point across. In general, volatile stocks like Reddit are not suitable for the Trust, a diversified portfolio used by CNBC Investment Club. Friday’s trading is one example. Reddit shares initially jumped 9% on Friday morning, but have since reversed and are down nearly 5% in intraday trading.…
Elon Musk’s journey to becoming the world’s first millionaire is likely to be propelled by rockets rather than cars, with SpaceX now controlling nearly two-thirds of the world’s fortunes. tesla property of the president.According to Forbes, Musk this week surpassed the $800 billion mark for the first time in history, and his net worth is now around $845 billion. He is worth more than the following three richest people – google co-founders Larry Page and Sergey Brin; meta CEO Mark Zuckerberg – Combined.The tech mogul’s unprecedented wealth has soared after his aerospace and defense company SpaceX acquired his artificial intelligence…
October 23, 2025 at the Gateway Tunnel site near West 30th Street and 11th Avenue in Hudson Yards, New York City.New York Daily News | Tribune News Service | Getty ImagesA New York federal judge on Friday lifted a freeze on funds withheld by President Donald Trump’s administration for a $16 billion project to overhaul critical rail infrastructure in New York and New Jersey.The Gateway project will build a new commuter rail tunnel between Manhattan and New Jersey and rehabilitate the 100-year-old tunnel, which is used by more than 200,000 travelers and 425 trains each day.The existing Hudson Tunnel was…
Sign up for CNN Travel’s weekly newsletter, Unlocking the World. Get destination news, plus the latest information on aviation, food and drink, and accommodation. This week’s travel news: The world’s most expensive rice, trouble at Rome’s Trevi Fountain, and how the hotel bathroom door situation is getting out of hand. Kinmemai Premium is recognized by the Guinness Book of World Records as the most expensive rice on the planet, but what makes it so special? Only 1,000 boxes of Japanese grain are produced each year, and each box sells for about $73. Top award-winning rice varieties are selected for flavor…