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

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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

U.S. stock futures are little changed as the market closes out a winning first half

A trader works on the New York Stock Exchange on March 3, 2020. Michael Nagle | Xinhua via Getty U.S. stock futures were little changed

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Cathie Wood keeps buying shares of autonomous drone stock Kratos

Cathie Wood, CEO and founder of ARK Invest. CNBC (This story is for CNBC PRO subscribers only.) Cathie Wood’s Ark Invest added to its position

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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

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Morgan Stanley doubles its dividend as banks start to raise payouts following Fed stress tests

James Gorman, chairman and chief executive officer of Morgan Stanley, appears on CNBC’s Squawk Box at the 2020 World Economic Forum in Davos, Switzerland on

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Cathie Wood’s ARK Invest files to create a bitcoin ETF

Cathie Wood’s ARK Invest filed with the Securities and Exchange Commission on Monday to create a bitcoin exchange-traded fund. Wood — a longtime bitcoin bull

Business

Here are Monday's biggest analyst calls of the day: Micron, Tesla, GameStop, Microsoft & more

Here are the biggest calls on Wall Street on Source link

Business

Official data shows China’s industrial profit growth slowing in May

SINGAPORE — Stocks in Asia-Pacific were mixed in Monday morning trade. Meanwhile, official data showed that China’s industrial profits for May slowed. The Nikkei 225