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

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

Business

Stocks should add to gains in the second half, but there are two big concerns

Stocks are expected to move higher in the second half of the year, propelled by strong earnings gains and super-charged economic growth. The market’s gains,

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

Stock futures open higher as S&P 500 looks to add to record

A man walks past the charging bull statue near the New York Stock Exchange. Mandel Ngan | AFP | Getty Images Futures contracts tied to

Business

Top strategist opens market playbook for second half, sees turbulence

Wilmington Trust’s Meghan Shue is opening her playbook for the year’s second half — which starts Thursday. Her strategy includes an overexposure to cyclicals, and

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

Business

Wall Street analysts say buy top second half stocks Uber & Sunrun

The second half of 2021 is nearing and there’s a plethora of stocks set to rally, Wall Street analysts said this week. The recovery and