Record-breaking week for options powers S&P 500 surge
Stock market bulls got some huge affirmation this week as the S&P 500 made all-time…
Record-breaking week for options powers S&P 500 surge
Stock market bulls got some huge affirmation this week as the S&P 500 made all-time highs, options volumes set records, and shares of this year’s star IPO – SpaceX – stabilized and rallied despite its earnings report and the end of its first lockup period. On Friday, the Cboe Volatility Index (VIX) fell to its…
Verizon mobile service down for thousands of customers: Downdetector
A pedestrian walks by a Verizon store on Nov. 13, 2025 in San Francisco, California. Justin Sullivan | Getty Images Service was down late Saturday afternoon for several thousand Verizon customers in the U.S. The outages began around 3:30 p.m. ET, with Verizon receiving the highest number of complaints at more than 13,000 at its…
Cyclospora fears lead consumers to lose their appetite for salads
People shop at the Union Square Greenmarket on August 07, 2026 in New York City. Michael M. Santiago | Getty Images News | Getty Images Warm weather usually drives salad sales, but consumers spooked by the ongoing cyclospora outbreaks are avoiding lettuce this summer. Traffic to Chopt Creative Salad Co. locations fell 24% on July…
Cyber execs on the AI Hugging Face hack: The situation is ‘urgent’
Omer Taha Cetin | Anadolu | Getty Images Cybersecurity executives are ready to close the book on the now-infamous Hugging Face artificial intelligence hacking incident and start talking solutions. “We need to chill the hype a little bit,” said Lior Div, CEO and cofounder of agentic security startup 7AI. “Can AI find vulnerabilities fast? The…
In retirement, your equities exposure is the make-or-break factor
NEW YORK, NEW YORK – AUGUST 05: Stock market numbers are displayed on the New York Stock Exchange during morning trading on August 05, 2026 in New York City. Michael M. Santiago | Getty Images News | Getty Images Attention retirees: Being overly conservative with your investments after exiting the workforce raises the likelihood you’ll…
Using the viral trend to save, budget, build wealth
ViewApart | iStock | Getty Images As consumers look for ways to strengthen their financial footing, a new trend is gaining steam on social media — and, for once, it doesn’t involve buying anything. “Moneymaxxing,” a movement aimed at financial improvement, encourages people to maximize their budgets by trimming recurring expenses, redeeming rewards points —…
Rate uncertainty sparking demand for CLO exposure among ETFs: VettaFi
Collateralized loan obligations may become the next big push in the exchange-traded fund industry. VettaFi’s Todd Rosenbluth suggests there’s investor demand for the alternative assets due to ongoing interest rate uncertainty. “[CLOs have] been popular within the marketplace,” the firm’s head of research told CNBC’s “ETF Edge” this week. CLOs are short-term fixed income strategies…
Hunter Biden says Joe Biden’s cancer has spread, is ‘very debilitating’
President Joe Biden stands with his son Hunter Biden after the president arrived at the Delaware Air National Guard Base in New Castle, Delaware, June 11, 2024. Anna Rose Layden | Reuters Former President Joe Biden’s prostate cancer has spread further, his son Hunter Biden said in a BBC interview, offering a stark update on…
Elevator giant Otis is trying to win back Wall Street
Inside a 28-story testing tower erected in the middle of the suburban town of Bristol, Connecticut, Otis engineers run elevator parts through dust chambers, humidity cells and saltwater fog machines. “[Elevators] are supposed to work in the extreme conditions of the world. Whether it’s the desert or the Arctic,” said Haran Vela, senior vice president…
UAE says ship targeted by missile amid heightened U.S.-Iran tensions
This picture shows ships sailing near the Strait of Hormuz off the eastern coast of the United Arab Emirates at Khor Fakkan on July 13, 2026. AFP | Getty Images Abu Dhabi’s National Oil Company (ADNOC) said one of its vessels was targeted by a missile while transiting the Strait of Hormuz in the early…
