CNBC Business

Mortgage rates surged to the highest level since 2008, but more buyers applied for loans, perhaps concerned rates would move even higher.

These are the stocks posting the largest moves before the bell.

The IEA's report comes at a time of rising inflation, a sustained surge in oil and gas prices and geopolitical tensions.

A days-long rail walkout that is causing severe travel disruption across the Britain could be just the beginning of a summer of strikes, U.K. workers' unions have warned.

There are indications that Chinese companies that produce raw materials for EV batteries use forced labor, according to The New York Times.

"Right now, the best outcome would be for the averages to come down quickly, so [Fed Chair Jay Powell] can get it over with," the "Mad Money" host said.

"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.

"This is a bear market, not a bull market. …  In a bear market, you do not stick your neck out to pick at hated stocks," Cramer said.

At the heart of the dispute is the use of the 12-gigahertz band and the frequency's ability to support both ground-based and space-based services.

Netflix has met with Google, Comcast and NBCUniversal, and Roku to discuss potential marketing partnerships, sources told CNBC.

Kellogg plans to separate into three independent public companies, sectioning off its iconic brands into distinct snacking, cereal and plant-based businesses.

Lowe's is offering customers a chance to use metaverse assets to help visualize building projects.

The production company, called Hana Kuma, will produce scripted and non-fiction content.

The policy will be reevaluated monthly, and a protocol for August will be announced in mid-July.

We're raising cash about equal to what we put to work last Friday in three trades when the market was much lower.

Sales of existing homes in May fell 3.4% to a seasonally adjusted annualized rate of 5.41 million units, according to the National Association of Realtors.

MoonPay is partnering with Universal Pictures, Fox and Snoop Dogg's Death Row Records, among other brands, to launch a new NFT platform called HyperMint.

Led by Hertz and Tesla, the race is on in the rental car industry to transition to EVs.

Emirates has said it doesn't see travel demand dissipating any time soon, even as the industry battles a string of challenges.

Pixar's "Lightyear" rocketed to a $51 million domestic opening, the best performance of an animated feature since the pandemic began.