Money Archives

German power producer RWE and Norway plan to build hydrogen-fueled power plants and a major pipeline between the two countries. Pictured is a RWE building in Essen

Germany and Norway will build a big hydrogen pipeline

January 5, 2023 6:49 am CNN Newsource

By Anna Cooban, CNN Germany just took a step closer to finding a long-term, greener replacement for Russian natural gas and coal. German power…

Bed Bath & Beyond says its days are numbered. The same might be true for its big blue 20% coupons. A Bed Bath & Beyond coupon is seen on January 6.

Bed Bath and Beyond says it may not survive

January 5, 2023 5:59 am CNN Newsource

By Nathaniel Meyersohn and Jordan Valinsky, CNN Bed Bath & Beyond issued a grim message about its future Thursday, warning that a bankruptcy…

Weekly jobless claims fell to the lowest level since September. A 'now hiring' sign is displayed in the window of a store in Manhattan on December 02

Weekly jobless claims fall to lowest level since September

January 5, 2023 5:36 am CNN Newsource

By Alicia Wallace, CNN Around 204,000 people applied for first-time unemployment benefits last week, according to the latest data from the Bureau of…

Cardi B’s NSFW advice on inflation

January 5, 2023 5:26 am CNN Newsource

By Jordan Valinsky, CNN Even millionaires are noticing that grocery shopping has become really expensive. Just listen to Cardi B. The rapper posted…

Americans spent a record $212 billion in online shopping this holiday season amid deep discounts.

Americans spent a record $212 billion online shopping this holiday season amid deep discounts

January 5, 2023 5:13 am CNN Newsource

By Matt Egan, CNN Online shopping increased steadily this holiday season as record-setting discounts helped offset the pain from high inflation,…

Economists are betting that the labor market cooled in December. A pedestrian passes a "Help Wanted" sign in the door of a hardware store in Cambridge

Investors anxiously await jobs report for clues about Fed rate hikes

January 5, 2023 4:56 am CNN Newsource

By Paul R. La Monica, CNN Economists are betting that the labor market cooled in December. That may be music to investors’ ears. Wall Street…

UK car sales have slumped to a 30-year low. In this image

UK car sales slump to 30-year low

January 5, 2023 4:23 am CNN Newsource

By Hanna Ziady, CNN New car registrations in the United Kingdom fell to 1.6 million last year, the lowest level since 1992, as a global chip shortage…

Single family homes are shown in a residential neighborhood on October 27

Here’s what to expect in the housing market this year

January 5, 2023 3:17 am CNN Newsource

By Anna Bahney, CNN Last year was a wild ride in the US housing market. Mortgage rates doubled and sales plummeted, triggering the longest…

Ukraine’s economy shrank by more than 30% in 2022

January 5, 2023 2:24 am CNN Newsource

By Julia Horowitz, CNN Ukraine’s economy shrank by more than 30% in 2022 after Russia’s brutal invasion destroyed infrastructure, hurt…

The BMW i Vision Dee is a concept car that literally changes color

January 4, 2023 9:05 pm CNN Newsource

By Peter Valdes-Dapena, CNN BMW unveiled a pair of concept cars at the Consumer Electronics Show that show off how future cars might respond to the…

An overall view of the Cincinnati Bengals stadium is pictured here prior to the game against the Buffalo Bills on January 2.

‘Monday Night Football’ telecast in which Hamlin collapsed was most watched in ESPN’s history

January 4, 2023 4:41 pm CNN Newsource

By Jennifer Korn and Oliver Darcy, CNN The NFL showdown between the Cincinnati Bengals and Buffalo Bills, which was postponed in the first quarter…

Amazon will lay off more than 18,000 workers

January 4, 2023 4:10 pm CNN Newsource

By Catherine Thorbecke, CNN Amazon says it plans to lay off more than 18,000 employees as the global economic outlook continues to worsen. Several…

Newcastle United chairman and Saudi Public Investment Fund governor Yasir Al-Rumayyan speaks to spectators after the inaugural LIV Golf Invitational in Britain in June of 2022.

Head of Saudi investment fund subpoenaed in case over Musk’s ‘funding secured’ tweet

January 4, 2023 2:52 pm CNN Newsource

By Clare Duffy, CNN Elon Musk’s team has subpoenaed the head of Saudi Arabia’s Public Investment Fund as part of litigation over the…

Alan Greenspan visits "The Daily Briefing" at Fox News Channel Studios on October 17

Alan Greenspan says US recession is likely

January 4, 2023 12:46 pm CNN Newsource

By Nicole Goodkind, CNN Business Former Federal Reserve Chairman Alan Greenspan believes a US recession is the “most likely outcome” of…

The skyline of lower Manhattan and One World Trade Center is reflected in the top of a monument as the sun sets in New York City on June 19

Sales of Manhattan apartments nosedived at the end of 2022

January 4, 2023 12:22 pm CNN Newsource

By Anna Bahney, CNN It is almost as if the wild turns in the Manhattan real estate market during the pandemic didn’t happen. Almost. The frenzy…

Skip Bayless and Shannon Sharpe feud on air over controversial Damar Hamlin tweet

January 4, 2023 12:03 pm CNN

By Nathaniel Meyersohn, CNN Skip Bayless spent a third straight day defending his controversial tweet about Buffalo Bills safety Damar Hamlin, this…

Skip Bayless and Shannon Sharpe feud on air over controversial Damar Hamlin tweet

January 4, 2023 12:03 pm CNN Newsource

By Nathaniel Meyersohn, CNN Skip Bayless spent a third straight day defending his controversial tweet about Buffalo Bills safety Damar Hamlin, this…

The NFL's decision not to resume or replay Monday's Bills-Bengals game

Why the NFL will barely lose any money from canceling the Bills-Bengals game

January 4, 2023 9:09 am CNN

By Chris Isidore, CNN The NFL’s decision not to resume or replay Monday’s Bills-Bengals game, which was halted after Buffalo safety Damar…

Buffalo Bills players kneel to pray as the ambulance carrying teammate Buffalo Bills safety Damar Hamlin (not pictured) leaves the playing field during the first quarter against the Cincinnati Bengals at Paycor Stadium.

ESPN stands by report that NFL planned to restart game after Hamlin collapsed

January 4, 2023 9:09 am CNN Newsource

By Oliver Darcy, CNN ESPN is sticking by its reporting that the NFL had initially planned to resume Monday’s football game after Buffalo Bills…

The number of available jobs in the United States totaled 10.46 million in November.

US job openings totaled 10.5 million in November, more than expected

January 4, 2023 7:07 am CNN Newsource

By Alicia Wallace, CNN The number of available jobs in the United States totaled 10.46 million in November, according to data released Wednesday by…

General Motors was the top car seller in America in 2022. Pictured is a Chevrolet dealership on July 25

GM is the top car seller in America, retaking the title from Toyota

January 4, 2023 8:19 am CNN Newsource

By Chris Isidore, CNN One year after losing the title it held for nearly a century as the top car seller in America, General Motors is back on top.…

Dave & Buster’s co-founder James ‘Buster’ Corley dies in apparent suicide

January 4, 2023 7:58 am CNN Newsource

By Jordan Valinsky, CNN James “Buster” Corley, co-founder of the popular restaurant and entertainment chain Dave & Buster’s,…

Coinbase reaches a $100 million settlement with the New York regulators.

Coinbase reaches $100 million settlement with New York regulator

January 4, 2023 7:34 am CNN Newsource

By Allison Morrow, CNN Coinbase, one of the most popular US crypto-trading platforms, agreed to a $100 million settlement after New York regulators…

Europe’s recession may not be as bad as feared

January 4, 2023 6:13 am CNN Newsource

By Anna Cooban, CNN European stocks are pushing higher for the third straight day as investors cheer signs that inflation, supply chain bottlenecks…

Aldi recorded its highest-ever December sales in the United Kingdom

Aldi sales soar as UK shoppers battle record food inflation

January 4, 2023 5:17 am CNN Newsource

By Hanna Ziady, CNN Aldi recorded its highest-ever December sales in the United Kingdom, as shoppers squeezed by searing food price inflation flocked…

Smoke rises from a Russian tank destroyed by Ukrainian forces

Inflation fears fade as geopolitical risks rise

January 4, 2023 4:45 am CNN

By Paul R. La Monica, CNN Inflation fears roiled the markets in 2022. Now, investors may have scarier things to worry about in 2023, according to a…

Inflation fears fade as geopolitical risks rise

January 4, 2023 4:45 am CNN Newsource

By Paul R. La Monica, CNN Inflation fears roiled the markets in 2022. Now, investors may have scarier things to worry about in 2023, according to a…

Skip Bayless and Shannon Sharpe feud on air over controversial Damar Hamlin tweet

January 4, 2023 4:31 am CNN

By Nathaniel Meyersohn, CNN Skip Bayless spent a third straight day defending his controversial tweet about Buffalo Bills safety Damar Hamlin, this…

Damar Hamlin’s sudden collapse sent ESPN scrambling. How Scott Van Pelt shifted from covering a game to a crisis

January 4, 2023 3:37 am CNN Newsource

By Oliver Darcy, CNN Business “Sports is important. And suddenly it’s not.” Those were the salient words of…

Crowds demand justice for the woman in New Delhi on January 3

Indians demand justice for Delhi woman dragged to her death

January 4, 2023 12:07 am CNN Newsource

By Swati Gupta and Rhea Mogul, CNN Angry crowds gathered in Delhi on Tuesday, demanding justice for a scooter rider who was killed and dragged by a…

Japan is offering to pay families to move out of overcrowded Tokyo. People walk through Shibuya Crossing in Tokyo on July 29

Tokyo is so crowded the government is paying families to leave

January 3, 2023 11:33 pm CNN Newsource

By Emiko Jozuka and Jessie Yeung, CNN Japan is offering to pay families to move out of its overcrowded capital, in an effort to revitalize…

People walk outside shops at the Atrium Mall in Karachi

Pakistan to shut markets and restaurants early to save power amid economic crisis

January 3, 2023 10:19 pm CNN Newsource

Sophia Saifi and Diksha Madhok Pakistan’s economic woes show no signs of letting up in 2023. The South Asian nation announced a new energy…

Victoria’s Secret brand CEO abruptly resigns

January 3, 2023 2:44 pm CNN Newsource

By Nathaniel Meyersohn, CNN Business Victoria’s Secret brand CEO Amy Hauk has resigned less than a year into the job, the company said Tuesday.…

Get ready for a ‘slowcession’ in 2023, Moody’s says

January 3, 2023 10:10 am CNN Newsource

By Matt Egan, CNN Many CEOs, investors and consumers are worried about a recession in 2023. But Moody’s Analytics says the more likely scenario…

Tesla's shares plunge further on weaker than expected sales. Pictured is the Tesla Gigafactory Shanghai on March 29

Tesla shares see worst day in two years on weaker than expected sales

January 3, 2023 8:20 am CNN Newsource

By Chris Isidore, CNN Tesla shares plunged more than 12% in trading Tuesday, as weaker than expected global sales caused the company’s massive…

There wasn’t a single bank robbery in Denmark last year

January 3, 2023 8:50 am CNN Newsource

By Hanna Ziady, CNN The number of bank robberies in Denmark fell to zero last year, as beefed-up security and reduced use of cash in the Nordic…

‘Monday Night Football’ telecast in which Hamlin collapsed was most watched in ESPN’s history

January 3, 2023 8:29 am CNN

By Jennifer Korn and Oliver Darcy, CNN The NFL showdown between the Cincinnati Bengals and Buffalo Bills, which was postponed in the first quarter…

Skip Bayless apologizes for tweet after Damar Hamlin’s collapse

January 3, 2023 8:29 am CNN Newsource

By Jordan Valinsky, CNN Fox Sports host Skip Bayless apologized for hosting his FS1 show “Undisputed” Tuesday morning following a…

"The View" on Tuesday paid tribute to its creator

‘The View’ pays tribute to Barbara Walters

January 3, 2023 8:25 am CNN

By Jordan Valinsky, CNN Business “The View” returned from its holiday hiatus to pay tribute to its creator, Barbara Walters, who died…

‘The View’ pays tribute to Barbara Walters

January 3, 2023 8:25 am CNN Newsource

By Jordan Valinsky, CNN Business “The View” returned from its holiday hiatus to pay tribute to its creator, Barbara Walters, who died…

People wait for trains at Kings Cross Station during a strike by the Rail

UK train strikes will disrupt return to work this week

January 3, 2023 6:09 am CNN Newsource

By Hanna Ziady, CNN Brits are facing another week of travel chaos as rail strikes drag into the new year, disrupting the return to workplaces…

Exclusive: This vodka brand actually wants to help you celebrate Dry January

January 3, 2023 5:00 am CNN Newsource

By Jordan Valinsky, CNN It’s three days into Dry January for those who observe, but that doesn’t mean you can’t touch the vodka.…

Traders work on the floor of the New York Stock Exchange on November 17

Here’s what will drive markets this year

January 3, 2023 4:18 am CNN Newsource

By Nicole Goodkind, CNN Business Welcome to the first trading day of 2023. Markets are pushing higher but don’t get comfortable just yet — if…

FTX founder Sam Bankman-Fried arrives on Tuesday at a Manhattan federal court where he will face charges that include cheating investors out of billions of dollars.

FTX founder Sam Bankman-Fried pleads not guilty

January 3, 2023 3:19 am CNN Newsource

By Kara Scannell, CNN Sam Bankman-Fried, the founder of bankrupt crypto exchange FTX, pleaded not guilty to criminal charges, setting up a…

A man walks next to a screen at the Indonesia Stock Exchange in Jakarta on January 2.

Global markets struggle to put last year’s misery behind them

January 3, 2023 3:16 am CNN Newsource

By Anna Cooban, CNN European and Asian stocks pushed higher on the first major trading day of 2023 as investors try to look beyond a gloomy outlook…

Has your boss recently given you a nice raise so you’ll stay? Are you an employer paying workers more not to quit?

January 2, 2023 3:15 pm CNN Newsource

By Tami Luhby, CNN Workers who stick with the same employers are enjoying the biggest raises in nearly a quarter century. In November, the median…

Facebook considering whether to allow Trump to return, decision expected in ‘coming weeks’

January 2, 2023 2:26 pm CNN Newsource

By Donie O’Sullivan, CNN Facebook’s parent company Meta is considering whether to allow former President Donald Trump back on to its…

Tesla Model 3 compact full electric car interior with a large touch screen on the dashboard on display at Brussels Expo on January 9

Tesla delivered a record 1.3 million vehicles in 2022, but it still disappointed Wall Street

January 2, 2023 9:49 am CNN Newsource

By David Goldman, CNN Tesla delivered a record number of cars last year, as sales continued to grow by percentages any other major automaker would…

A "now hiring" sign is displayed in a window in Manhattan on July 28

Recession or soft landing? Five reasons to be cautiously optimistic about 2023

January 2, 2023 6:14 am CNN Newsource

By Matt Egan, CNN Last year was dominated by scary headlines about crushing inflation, super-sized interest rate hikes and mounting recession fears.…

Elon Musk has lost a bigger fortune than anyone in history

January 2, 2023 5:32 am CNN

By David Goldman, CNN Elon Musk’s wealth destruction has become historic. The CEO of Tesla, SpaceX and Twitter is worth $137 billion, according…

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