Business

Lumber prices dive more than 40% in June, biggest monthly drop on record

A customer wearing a protective mask loads lumber at a Home Depot store in Pleasanton, California, Feb. 22, 2021. David Paul Morris | Bloomberg |

Business

Warren Buffett says the pandemic has had an ‘extremely uneven’ impact and is not yet over

Warren Buffett at Berkshire Hathaway’s annual meeting in Los Angeles California. May 1, 2021. Gerard Miller | CNBC Legendary investor Warren Buffett said the economic

Business

Charlie Munger says he’s in love with Zoom, thinks the videoconferencing trend is here to stay

Charlie Munger, vice chairman of Berkshire Hathaway, revealed he is fond of Zoom, saying the videoconferencing software will keep thriving even as life goes back to

Business

Launch regulations ‘broken’ after delayed SpaceX launch

SpaceX was seconds away from launching its 20th mission of this year Tuesday when the countdown was halted due to an aircraft entering the launch

Business

United Airlines unveils 270-jet Boeing and Airbus order, its largest ever

A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport. Justin Sullivan | Getty Images United Airlines unveiled Tuesday its largest-ever

Business

Stock futures are flat after S&P 500 closes at a record

U.S. stock index futures were little changed during overnight trading on Monday, after the S&P 500 and Nasdaq Composite closed at record highs. Futures contracts

Business

Airport restaurants, TSA offer bonuses amid labor shortage

A Starbucks location that was closed midday at Dallas-Fort Worth International Airport. Leslie Josephs | CNBC A worker shortage at Dallas/Fort Worth International Airport became

Business

Electric Last Mile is the latest speculative EV company to go public

Shares of Electric Last Mile Solutions popped on their trading debut Monday on the Nasdaq, adding to a growing list of speculative electric vehicle start-up

Business

$70 million box office haul is pandemic record

Still from Universal’s “F9.” Universal Universal’s “F9” is paving the way for 2021’s summer box office. Over its opening weekend, the Fast and Furious film

Business

Chinese Communist Party at age 100 confronts growing contradictions

It must be said this bluntly: the Chinese Communist Party, which turns 100 this week, represents history’s most successful authoritarians. So, why does President Xi