Here’s what will happen to the economy as the debt ceiling drama deepens
By Alicia Wallace, CNN After the United States hit its debt ceiling on Thursday, the Treasury Department is now undertaking “extraordinary…
Continue Reading
By Alicia Wallace, CNN After the United States hit its debt ceiling on Thursday, the Treasury Department is now undertaking “extraordinary…
Continue Reading
By Paul R. La Monica, CNN Recession alarm bells are sounding. But are they premature? Yes, retail sales tumbled in December as inflation took its…
Continue Reading
By Jeanne Sahadi, CNN Official tax-filing season kicks off Monday, January 23, and it may hold some surprises for your wallet. So, whether you expect…
Continue Reading
By Faith Karimi, CNN Ruja Ignatova strode onto the stage in a flowing burgundy ball gown adorned with black sparkles. Beams of light flashed,…
Continue Reading
By Faith Karimi, CNN Ruja Ignatova strode onto the stage in a flowing burgundy ball gown adorned with black sparkles. Beams of light flashed,…
Continue Reading
By Ramishah Maruf, CNN Just this week, Alphabet, Google’s parent company, Microsoft and Vox Media announced layoffs that will affect more than…
Continue ReadingBy Ramishah Maruf, CNN Frozen custard and burger chain Culver’s is switching from Pepsi products to Coca-Cola — and Pepsi fans are not…
Continue Reading
By Parija Kavilanz, CNN Most retailers are tripping over themselves to stay relevant by courting younger Millennial and Gen Z shoppers. Not…
Continue Reading
By Nathaniel Meyersohn, CNN Santa Fe, New Mexico, paid a local contractor $47,000 to round up about 3,000 shopping carts around the city in 2021 and…
Continue Reading
By Michelle Toh, CNN Eggs have soared in cost around the world over the past year as avian flu decimated chicken flocks and fallout from…
Continue Reading
By Matt McFarland and Chris Isidore, CNN Tesla CEO Elon Musk took the stand in a California court room Friday to testify in the lawsuit over his…
Continue Reading
By Chris Isidore, CNN Southwest Airlines has agreed to pay its pilots an estimated $45 million in bonus “gratitude pay” for working…
Continue ReadingBy Faith Karimi, CNN College freshman Dieunerst Collin’s road to internet meme fame started with a confused side-eye at a Popeyes in New…
Continue Reading
By Allison Morrow, CNN One of America’s elite white-collar law firms has emerged as a contentious figure in the complex FTX saga. A judge ruled…
Continue Reading
By Oliver Darcy, CNN Business Vox Media, the publisher of news websites such as Vox and The Verge, in addition to New York magazine, will lay off 7%…
Continue Reading
By Anna Bahney, CNN The real estate market took a downward turn in 2022, as rising interest rates rapidly slowed the frenzied sales activity seen the…
Continue Reading
By Jordan Valinsky, CNN Regal Cinemas is closing 39 more movie theaters across the United States. The decision comes four months after its parent…
Continue Reading
By Anna Cooban, CNN The world economy is still in a sticky spot, according to the head of the International Monetary Fund, despite cautious optimism…
Continue Reading
By Nicole Goodkind, CNN Friday marks the end of the annual World Economic Forum meeting in Davos, Switzerland, an elite gathering of some of the…
Continue Reading
By Chris Isidore, CNN Unions just had one of the best years in terms of growing membership so far this century. But the high-profile organizing wins…
Continue Reading
By Michelle Toh, Yoonjung Seo and Jake Kwon, CNN South Korea’s leader is capping off a whirlwind week, after securing tens of billions of…
Continue Reading
By Diksha Madhok and Laura He, CNN The past few years have not been great for the super-rich in China, particularly those who built their fortune in…
Continue Reading
By Greg Wallace, CNN A federal judge has ordered Boeing to appear in federal court in Texas next week for an arraignment on a fraud charge involving…
Continue Reading
By Kara Scannell, CNN Attorneys for disgraced FTX founder Sam Bankman-Fried urged the judge in his fraud case to keep the names of two people who…
Continue Reading
By Brian Rokus, CNN A contractor working for the Federal Aviation Administration unintentionally deleted files related to a key pilot safety system,…
Continue Reading
By Clare Duffy, CNN Netflix announced Thursday that its founder Reed Hastings is stepping down as co-CEO at the company and will serve as executive…
Continue Reading
By Jordan Valinsky, CNN World Wrestling Entertainment executive chairman Vince McMahon has agreed to another multimillion-dollar legal settlement…
Continue Reading
By Alicia Wallace, CNN The Federal Reserve is seeing progress in its battle to bring down US inflation and remains laser-focused on reaching the…
Continue Reading
By Peter Valdes-Dapena, CNN Business Uber drivers don’t always need four wheels, front-facing passenger seats and top speeds over 50 miles an…
Continue Reading
By Anna Bahney, CNN Mortgage rates fell this week as economic data showed inflation is fading. The 30-year fixed-rate mortgage averaged 6.15% in the…
Continue Reading
By Paul R. La Monica, CNN The market is bracing for a perfect storm of bad news. The latest worry? The impending debt ceiling drama in Washington.…
Continue ReadingBy Parija Kavilanz, CNN Consumers, spooked by accelerating job cuts, looming recession fears and continuing high prices for goods and services in…
Continue Reading
By Anna Bahney, CNN US home building fell in December, as the housing market continued to slow. December housing starts, a measure of new home…
Continue Reading
By Alicia Wallace, CNN The number of first-time claims for unemployment insurance fell unexpectedly to 190,000 for the week ending January 14,…
Continue Reading
By Chris Isidore, CNN Americans can once again buy cars for less than sticker price. But that doesn’t mean they’re finding bargains at…
Continue Reading
By Chris Isidore, CNN Americans can once again buy cars for less than sticker price. But that doesn’t mean they’re finding bargains at…
Continue ReadingBy Jordan Valinsky, CNN Taco Bell is bringing back a fan-favorite menu item, but you have to act fast. Crispy chicken wings are back for a limited…
Continue Reading
By Nicole Goodkind, CNN Business The US government is set to hit its self-imposed borrowing limit today and both Wall Street and Washington are…
Continue Reading
By Jordan Valinsky, CNN Anheuser-Busch may no longer be the only alcohol brand to advertise at the Super Bowl, but it will still have a major…
Continue Reading
By Julia Horowitz, CNN The promenade at the World Economic Forum, dusted in a blanket of fresh snow, is cluttered with signs and pavilions from…
Continue Reading
By Joseph Ataman, Marguerite Lacroix and Hanna Ziady, CNN Strikes disrupted train services, flights, schools and businesses in France on Thursday as…
Continue Reading
By Michelle Toh, CNN China has reopened its doors to Disney’s Marvel Studios for the first time in almost four years, with two new film…
Continue Reading
By Hilary Whiteman, CNN A dispute between two billionaires once united in a visionary project to send power from Australia to Singapore through the…
Continue Reading
By Pete Muntean, CNN A source familiar with the near-collision of two airliners on a John F. Kennedy International Airport runway tells CNN that…
Continue Reading
By Sean Lyngaas, CNN US authorities arrested a Russian cryptocurrency executive who allegedly oversaw the exchange of hundreds of millions of dollars…
Continue Reading
By Allison Morrow, CNN When Jane Fraser became CEO of Citigroup nearly two years ago, in the middle of the pandemic, she established the kind of…
Continue Reading
By Anna Bahney, CNN A modest drop in mortgage rates over the past month has helped home builder confidence improve in January, after 12 consecutive…
Continue Reading
By Alicia Wallace, CNN It was a ho-hum end to 2022 for spending in America. US retail sales continued their fall in December, dropping by 1.1% as…
Continue Reading
By Greg Wallace The union representing Southwest Airlines pilots is taking early steps toward a possible strike, citing the airline’s Christmas…
Continue Reading
By Nadeen Ebrahim, CNN Egypt’s economic situation is so dire that the government is asking people to eat chicken feet. The Arab world’s…
Continue Reading