Money

By Ali Zaslav The US Senate on Thursday overwhelmingly confirmed Jerome Powell to a second term as chairman of the Federal Reserve. The final vote…

By Paul R. La Monica, CNN Business Apes of Reddit, rejoice! Shares of meme stock darling GameStop soared 10% Thursday, prompting trades to be halted…

By Parija Kavilanz and Danielle Wiener-Bronner, CNN Business At the height of the pandemic, as the coronavirus infected tens of thousands of meat…

By Hadas Gold and Abeer Salman, CNN Thousands gathered in the West Bank city of Ramallah on Thursday to mourn slain Al Jazeera journalist Shireen Abu…

By Anna Bahney, CNN Business Manhattan rents just hit an all-time high — again. For the third straight month, rents have reached new record…

By Amarachi Orie, CNN Business Adidas advertisements showing photo grids of bare breasts have been banned in the UK by the Advertising Standards…

By Anna Bahney, CNN Business Mortgage rates moved higher this week, continuing an upward trend that has kept rates above 5% since mid-April. The…

By Allison Morrow, CNN Business Within the often head-scratching world of cryptocurrencies, there’s a small but growing sub-species known as…

By Anneken Tappe, CNN Business Economists and investors are hopeful that we’re past the pandemic inflation peak, as another key price index…

By Julia Horowitz, CNN Business Investors in stocks, bonds and commodities are all on edge right now. But in the market for cryptocurrencies, unease…

By Michelle Toh, CNN Business SoftBank’s mega tech funds lost more than $27 billion in the last fiscal year, by far their worst performance on…

By Michelle Toh, CNN Business Saudi Aramco has overtaken Apple as the world’s most valuable company, underscoring the recent surge in oil…

By Paul R. La Monica, CNN Business The bitcoin crash is hitting Coinbase really, really hard. The cryptocurrency brokerage reported a first-quarter…

By Danielle Wiener-Bronner, CNN Business Inflation may be slowing just a bit, but food prices are on fire. Food prices were 9.4% higher in April 2022…

By Paul R. La Monica, CNN Business Elon Musk’s bold plan to buy Twitter depends partly on how his investment in Tesla is doing. Uh-oh. Shares…

By Peter Valdes-Dapena, CNN Business The Salton Sea Basin feels almost alien. It lies where two enormous chunks of the Earth’s crust, the North…

By Jeanne Sahadi, CNN Business When it comes to your investments, these are the days to make some lemonade. After racking up banner gains in 2021,…

By Anneken Tappe, CNN Business US inflation took a breather last month for the first time since August. Prices still increased, but at a slower pace…

By Julia Horowitz, CNN Business You remember the early days of the pandemic, when millions of office workers started doing their jobs from home for…

By Mark Thompson and Anna Cooban, CNN Business Ukraine suspended the flow of some Russian natural gas to Europe on Wednesday, blaming Moscow for…

By Chris Isidore, CNN Business Russia’s invasion of Ukraine is a major reason that US drivers are paying record prices for gasoline. But…

By Jordan Valinsky, CNN Business Bill Gates said he has tested positive for Covid-19. The outspoken vaccine advocate said on Twitter he’s…

By Hadas Gold, Abeer Salman and Amir Tal, CNN Palestinian-American Al Jazeera journalist Shireen Abu Akleh was fatally shot while covering an Israeli…

By Laura He, CNN Business Car sales saw a record decline last month in China, the world’s largest automobile market, as strict Covid-19…

By Swati Gupta and Rhea Mogul, CNN India’s top court on Wednesday ordered the temporary suspension of the country’s controversial…