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Data tracking the sales volume of large trucks in the U.S. is flashing a warning sign about the state of the economy. Heavy trucks sales — or those exceeding 14,000 pounds in gross vehicle weight — have dropped to levels not seen in four years, according to the U.S. Bureau of Economic Analysis. The volume is down more than 15% in August compared with a year ago and 21% compared with the same month in 2023. Economists and investors have historically tracked how much of these vehicles — think tractor-trailers — are being sold in the U.S. as a leading…

Don’t count out Eli Lilly’s oral GLP-1 drug for obesity and diabetes just yet, according to CNBC’s Jim Cramer . That was his takeaway following the latest study involving Lilly’s orforglipron, the experimental pill that has been the subject of Wall Street debate since weight-loss data released in early August came in below investor expectations. The stock tumbled 14% in a single day as investors feared that their expectations for orforglipron sales in the coming years were too optimistic. Lilly shares have fought their way back from that plunge — even before new data on Wednesday showed that orforglipron outperformed…

Living in a small town may not always mean saving big.That’s because many of the U.S.’s most expensive small cities are seasonal or resort destinations known for their affluent residents and clientele.The two most expensive small cities are Nantucket and Vineyard Haven, located on the islands of Nantucket and Martha’s Vineyard off of Massachusetts’ Cape Cod. Known for their seasonal residents, the cities have median home values above $1 million, according to a September LendingTree analysis that compared home values in cities with populations between 10,000 and 50,000.Several of the top 10 most expensive small cities are located near prominent…

Katie Lee says what she describes as a “traumatic” experience giving birth in the U.S. made her question if she wanted a second child. A move abroad to Taiwan helped her reconsider.Lee, 34, moved to from Columbus, Ohio to Taipei, Taiwan in July 2024 with her husband, Jason, and 5-year-old son, Forrest. The couple saved up for a 13-month career break in time for their son’s kindergarten year so they could spend more time with his paternal grandparents overseas.Lee says preparing for their year-long sabbatical made her revisit plans for a second baby. Enough time had passed for her to…

Eric Baker, co-founder and CEO of Ticket reseller StubHub, rings the opening bell during his company’s IPO at the New York Stock Exchange on Sept. 17, 2025.Brendan McDermid | ReutersStubHub shares dropped 6.4% in their New York Stock Exchange debut on Wednesday after the online ticket seller priced its initial public offering in the middle of its expected range.The pricing late Tuesday at $23.50 per share raised $800 million for the company, now trading under ticker symbol “STUB.” The stock opened at $25.35 and closed at $22, valuing StubHub at $8.1 billion.StubHub’s long-awaited IPO comes after the company paused its plans in…

We are only four games into the Premier League season, but West Ham’s match against Crystal Palace on Saturday could be a crucial one for Graham Potter.Derby defeats to Chelsea and Tottenham will never go down well in east London, especially at home, but they will be accepted if the supporters see their team in the game. Once Chelsea went 2-1 up, and after the second-half whistle went against Tottenham, West Ham collapsed. The 3-0 loss to newly-promoted Sunderland was the same after the first goal was conceded.There’s no suggestion, at the moment, that this is a must-win game for Potter. But a similar defeat…

Check out the companies making the biggest moves midday: Lyft — The ride-share stock surged 13%. Riders will be able to use the Lyft app to hail robotaxis from Alphabet’s Waymo when service begins next year . Walmart — The retail giant added 2% following a price target lift from Bank of America . Analyst Robert Ohmes cited Walmart’s status as an emerging leader in artificial intelligence within the retail sector as a catalyst. American Express — The credit card giant gained 2.7% and was the best-performing stock in the Dow Jones Industrial Average. The move comes ahead of an…

Macroscope employees.MacroscopeIt’s been a decade since Kayvon Beykpour sold Periscope to Twitter for a reported $100 million, allowing the social media site to jump into livestreaming.Twitter shuttered Periscope in 2021, and the parent company, now called X and owned by Elon Musk, gravitated to a live events product called Spaces.Meanwhile, Beykpour, who spent seven years at Twitter after the acquisition, is back with Macroscope. He said on Wednesday that he’s raised $40 million from venture investors, including GV (formerly Google Ventures), Lightspeed Venture Partners and Thrive Capital.While Periscope targeted a consumer audience, Macroscope is going squarely after businesses. Beykpour’s idea…

ISLAMABAD (AP) — Pakistan and Saudi Arabia on Wednesday signed a defense pact pledging that any attack on either nation would be considered an attack on both.The pact comes after rising tensions in the region following the Sept. 9 Israeli airstrike targeting Hamas in Qatar’s capital killed six people. The agreement, called the “Strategic Mutual Defense Agreement,” was signed during Pakistan’s Prime Minister Shehbaz Sharif’s visit to the kingdom, according to a joint statement issued after his talks with Saudi Crown Prince Mohammed bin Salman.The agreement states that “any aggression against either country shall be considered an aggression against both,”…

StubHub CEO Eric Baker said Wednesday that recently introduced federal regulations around transparent ticket pricing will cause a “one-time” hit to its financial results.Revenue is expected to dip year over year as consumers digest the new rules, Baker told CNBC, which require online ticket sellers to prominently show the total cost upfront.”We’ve seen this in states like New York that have done it. You have a drop off and it hits about 10%. … Then it’s just back to normal,” Baker said in an interview with CNBC’s “Squawk on the Street.” “You’re growing off the base because you now normalized…