CNN – Money

By Allison Morrow, CNN In congressional testimony earlier this month, Fed Chairman Jerome Powell told lawmakers that the central bank would likely…

By Jeanne Sahadi, CNN After two weeks of banking turmoil, the Federal Reserve on Wednesday continued its bid to beat down inflation by raising its…

By Ramishah Maruf, CNN Right now, $250,000 seems to be the number on everyone’s minds. That’s the Federal Deposit Insurance…

By Marshall Cohen, CNN The judge in the Dominion Voting Systems’ defamation case against Fox News signaled his interest Wednesday in the duty…

By Matt Egan, CNN Senator Elizabeth Warren is cranking up the pressure on the Federal Reserve following the collapse of Silicon Valley Bank. In a new…

By Nicole Goodkind, CNN Federal Reserve officials have a difficult path ahead of them. They still have work to do to bring inflation down, but their…

By Rhea Mogul, CNN A colossal police hunt for a Sikh separatist who has revived calls for an independent homeland in India’s Punjab state has…

By Olesya Dmitracova and Hanna Ziady, CNN UK consumer prices jumped by 10.4% in February compared with a year ago, as food inflation hit its highest…

By Juliana Liu, CNN Asia Pacific shares opened higher on Wednesday, tracking US gains, as investors awaited the US Federal Reserve’s next…

By Anna Bahney, CNN The median price of a US home was lower this February than it was in February 2022, ending more than a decade of year-over-year…

By Matt Egan, CNN JPMorgan Chase’s investment bank has been hired to advise First Republic as the embattled regional bank tries to ease…

By Anna Cooban, CNN Hats, bags and gold bars emblazoned with Credit Suisse’s logo are being sold on resale sites, having popped up mere hours…

By Marshall Cohen Lawyers for Dominion Voting Systems argued Tuesday that its defamation case against Fox News is so strong that a trial isn’t…

By Matt Egan, CNN The federal government could once again come to the rescue of uninsured bank depositors if smaller lenders suffer bank runs like…

By Oliver Darcy, CNN A Fox News producer on Monday filed a pair of explosive lawsuits against the right-wing talk channel, alleging that the…

By Michelle Toh and Anna Cooban, CNN Stocks around the world rose Tuesday as concerns about the global banking sector eased in response to a…

By Mitchell McCluskey and Rhea Mogul, CNN Sri Lanka on Monday secured a much-anticipated loan of about $3 billion from the International Monetary…

By Peter Valdes-Dapena, CNN With Dodge’s legendary V8-powered muscle cars going out of production at year-end, engineers wanted the last…

By Matt Egan, CNN NBA legend Magic Johnson has joined a bid to acquire the NFL’s Washington Commanders from embattled owner Daniel Snyder. A…

By Parija Kavilanz, CNN Foot Locker is planning to shut 400 stores by 2026 as it strives to become more relevant to younger shoppers by relaunching…

By Allison Morrow, CNN First Republic’s stock fell 47% to a record low Monday, as the bank struggled to persuade Wall Street it could remain…

By Anna Cooban, CNN Investors in a riskier type of Credit Suisse’s bonds had the value of their holdings slashed to zero Sunday after Swiss…

By Danielle Wiener-Bronner, CNN Starbucks’ new CEO Laxman Narasimhan has taken over the reins from interim CEO Howard Schultz, about two weeks…

By Rhea Mogul, CNN Indian authorities have blocked internet access for about 27 million people in the state of Punjab for a fourth straight day…

By Michelle Toh and Olesya Dmitracova, CNN European markets ticked up Monday but bank stocks were mixed and volatile as investors assessed the…

By David Goldman, CNN A week after Signature Bank failed, the Federal Deposit Insurance Corporation said it has sold most of its deposits to Flagstar…