Key Takeaways The Dow Jones Industrial Average fell about 500 points near midday Thursday, dramatically underperforming the other major U.S. stock indexes. UnitedHealth Group, the Dow stock with the greatest weighting within the index, tumbled more than 20% after lowering its full-year profit outlook. The Dow selection committee is sensitive to the index’s peculiar methodology, […]

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 Thursday ‘ s key moments. 1. Wall Street is mixed on Thursday following a sharp pullback for stocks on Wednesday. The market’s decline on Wednesday was accelerated by comments from Federal Reserve Chair

Sen. Elizabeth Warren, D-Mass., conducts a news conference in the U.S. Capitol to voice opposition to the Senate Republicans’ budget resolution on April 3, 2025. Tom Williams | CQ-Roll Call, Inc. | Getty Images Dozens of Democratic lawmakers are warning that President Donald Trump’s tariff-heavy trade agenda is quickly starting to resemble a “corrupt scheme

Sometimes a tax deduction is just plain weird. Here is a roundup of weird and legal tax deductions. Will you be deducting any of these on your next return? Key Takeaways Some tax deductions are weird and unusual but legal. They are legitimate deductions that fall under medical expenses, business expenses, and moving expenses. So

Eli Lilly on Thursday said its daily obesity pill met the company’s goals in the first of several late-stage trials, helping patients with Type 2 diabetes lower their blood sugar and body weight and showing safety comparable with popular injections on the market.  The trial results are among the pharmaceutical industry’s most closely watched studies

Key Takeaways The nation-leading CD rate dropped from 4.65% to 4.60% today. Vibrant Credit Union and T Bank offer that APY for 6-month terms. Two more terms have lost ground so far this week. Yesterday saw the best offers in the 2- and 5-year terms drop from 4.40% to 4.28%. Both are available from Lafayette

Then U.S. President-elect Donald Trump and Italian Prime Minister Giorgia Meloni at Mar-a-Lago in Palm Beach, Florida, on Jan. 4, 2025. Italian Government | Reuters Italian Prime Minister Giorgia Meloni is set to meet U.S. President Donald Trump on Thursday amid a tense trade standoff with the European Union over tariffs. Meloni’s visit to Washington

My wife and I bought a new car last month. It turns out we were not alone. That was made apparent by the crowds at the dealership where we bought our hybrid hatchback on March 30, and confirmed by a new report on retail sales figures for March. Advance estimates of March retail sales released

The BP logo is displayed outside a petrol station that also offers electric vehicle recharging, on Feb. 27, 2025, in Somerset, England. Anna Barclay | Getty Images News | Getty Images Oil giant BP is bracing itself for a shareholder backlash at its annual general meeting (AGM) on Thursday, with a chorus of disgruntled investors