Boeing discovers new issue with 737 Max jets but says they can continue flying
By Greg Wallace and Jordan Valinsky, CNN Boeing said it has discovered a manufacturing issue with some 737 Max aircraft, although it insisted the…
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Retail spending fell in March as consumers pull back
Bryan Mena, CNN Spending at US retailers fell in March as consumers pulled back after the banking crisis fueled recession fears. Retail sales, which…
Continue ReadingWalmart is offloading this trendy menswear brand at a steep loss
By Jordan Valinsky, CNN Clothes sometimes sell for a steep discount at Bonobos. Thursday night, the company itself sold for a loss. Walmart has…
Continue ReadingJPMorgan Chase reports record revenue
By Krystal Hur and Nicole Goodkind, CNN JPMorgan Chase on Friday reported first-quarter profit and revenue that roundly beat expectations. The New…
Continue ReadingThe American consumer has bad news for the economy
By Nicole Goodkind, CNN The strength of the US economy rests on the shoulders of consumers. If people are spending money, companies keep employees in…
Continue ReadingThe American consumer has bad news for the economy
By Nicole Goodkind, CNN The strength of the US economy rests on the shoulders of consumers. If people are spending money, companies keep employees in…
Continue ReadingSome of England’s trainee doctors are paid less than fast-food workers. They’ve had enough
By Anna Cooban, CNN Tens of thousands of England’s trainee doctors have gone on strike this week over pay. For many, hourly pay falls below…
Continue ReadingAnalysis: Fox News is about to enter the true No Spin Zone
By Oliver Darcy, CNN This is it. The media defamation trial of the century is on the precipice of kicking off in Wilmington, Delaware, in just days.…
Continue ReadingTibetan leader defends Dalai Lama after ‘suck my tongue’ request to boy
By Rhea Mogul, CNN The head of the Tibetan government-in-exile has defended the Dalai Lama over a video in which the spiritual leader kisses a child…
Continue ReadingEx-producer escalates lawsuit, claiming Fox News lawyers deleted messages from her phone
By Marshall Cohen, CNN A former Fox News producer who claims the right-wing network pressured her to give false testimony escalated her own lawsuit…
Continue ReadingSilicon Valley Bank collapse renews calls to address disparities impacting entrepreneurs of color
By Jalen Brown and Scarlette Whyte When customers at Silicon Valley Bank rushed to withdraw billions of dollars last month, venture capitalist Arlan…
Continue ReadingStill haven’t filed your taxes? Here’s what you need to know
By Jeanne Sahadi, CNN So far this tax season, the IRS has received more than 100 million income tax returns for 2022. That means tens of millions of…
Continue ReadingStill haven’t filed your taxes? Here’s what you need to know
By Jeanne Sahadi, CNN So far this tax season, the IRS has received more than 100 million income tax returns for 2022. That means tens of millions of…
Continue ReadingDeal close for Washington Commanders football team
By Matt Egan A group that is led by Wall Street billionaire Josh Harris and includes NBA legend Magic Johnson is nearing a deal to buy the…
Continue ReadingThe cream-cheese-stuffed bagel is here
By Danielle Wiener-Bronner, CNN In the 1990s, Pizza Hut unveiled an important cheese-in-bread innovation, the stuffed crust pizza. Now, Philadelphia…
Continue ReadingSo this is how the Tupperware party ends
By Parija Kavilanz, CNN Tupperware, an iconic brand that’s woven into the fabric of post World War II America, signaled this week that it could…
Continue ReadingMortgage rates drop for fifth week in a row
By Anna Bahney, CNN Homebuyers are embracing mortgage rates dipping closer and closer to 6%. Rates fell for the fifth week in a row as inflation…
Continue ReadingJury selection begins in historic Dominion defamation trial against Fox News
By Marshall Cohen, CNN Jury selection began Thursday in Dominion Voting Systems’ $1.6 billion defamation trial against Fox News over the…
Continue ReadingUS wholesale inflation saw dramatic cooldown in March
By Alicia Wallace, CNN US inflation at the wholesale level continued its downward slide in March with annualized price increases sinking dramatically…
Continue ReadingManhattan median rents hit another high in March
By Anna Bahney, CNN Even as rents are cooling in some parts of the country, it has never cost more to rent a Manhattan apartment as it did in March.…
Continue ReadingDelta Air Lines reports record bookings for summer travel
By Chris Isidore, CNN Delta Air Lines reported record advanced bookings for this coming summer, a further sign that the US airline industry is…
Continue ReadingDelta Air Lines reports record bookings for summer travel
By Chris Isidore, CNN Delta Air Lines reported record advanced bookings for this coming summer, a further sign that the US airline industry is…
Continue ReadingUS inflation just reached an inflection point
By Nicole Goodkind, CNN After more than a year of soaring prices monopolizing the attention of Wall Street, Main Street, economists, and journalists,…
Continue ReadingBirkin bag maker sees pickup in US demand for its pricey products
By Anna Cooban, CNN Uber-luxury brand Hermès, best known for its coveted Birkin handbag, reported a double-digit jump in sales as high-income…
Continue ReadingJury selection begins in historic Dominion defamation trial against Fox News
By Marshall Cohen, CNN Jury selection began Thursday in Dominion Voting Systems’ $1.6 billion defamation trial against Fox News over the…
Continue ReadingThis investor can spot market bubbles. Now he’s warning of an ‘ominous’ bust
By Julia Horowitz, CNN Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008. Now, the famous investor…
Continue ReadingVox Media announces new hosts of iconic Code Conference after Kara Swisher’s departure
By Oliver Darcy, CNN Vox Media is gearing up for its first Code Conference without Kara Swisher at the helm. The invite-only event, which attracts…
Continue ReadingJPMorgan executives knew about sex abuse claims against then-client Jeffery Epstein, court filing alleges
By Lauren del Valle, CNN A new court filing alleges JPMorgan Chase executives were aware of sex abuse and trafficking allegations against its…
Continue ReadingWhat to know ahead of the Fox News and Dominion trial
By Ramishah Maruf, CNN A trial in a defamation suit brought against Fox News by Dominion Voting Systems is set to begin this week. It could have…
Continue ReadingJudge in Dominion case sanctions Fox for withholding evidence, plans to appoint special master to probe possible misconduct
By Marshall Cohen The judge overseeing Dominion Voting Systems‘ massive defamation case against Fox News said Wednesday that he plans to…
Continue ReadingJPMorgan ends remote work for senior bankers
By Allison Morrow, CNN America’s largest bank is ending pandemic-era hybrid work for its senior staff. “Our leaders play a critical role…
Continue ReadingAmazon will charge customers a fee for some UPS returns
By Nathaniel Meyersohn, CNN Amazon is attempting new measures to get customers to return fewer of their online orders, including charging a fee to…
Continue ReadingInflation hits the mailbox: Postage stamp prices are rising, again
By Nathaniel Meyersohn, CNN Stamp prices are set to tick up. The US Postal Service said Monday that it filed a notice with its regulators to increase…
Continue ReadingThe banking crisis will tilt US into recession, say Fed economists
By Bryan Mena and Nicole Goodkind, CNN The fallout from the recent banking crisis is likely to push the US economy into a mild recession later this…
Continue ReadingUS government’s proposal to boost EV sales is challenging but not impossible
By Peter Valdes-Dapena, CNN Business The US government is planning to change auto emissions standards in a way that means automakers would need to…
Continue ReadingUS government’s proposal to boost EV sales is challenging but not impossible
By Peter Valdes-Dapena, CNN Business The US government is planning to change auto emissions standards in a way that means automakers would need to…
Continue ReadingFood prices ease for the first time since 2020. Here’s what’s getting cheaper
By Danielle Wiener-Bronner, CNN Grocery prices finally dipped in March, falling for the first time since September 2020, according to data released…
Continue ReadingBud Light’s inclusive ad campaigns are good for business, experts say
By Danielle Wiener-Bronner, CNN Company X introduces marketing campaign that touches on Y, a cultural issue some people oppose. Group Z lashes out on…
Continue ReadingBud Light’s inclusive ad campaigns are good for business, experts say
By Danielle Wiener-Bronner, CNN Company X introduces marketing campaign that touches on Y, a cultural issue some people oppose. Group Z lashes out on…
Continue ReadingWarner Bros. Discovery unveils super-streamer ‘Max’
By Oliver Darcy, CNN Business Warner Bros. Discovery on Wednesday unveiled “Max,” its high-stakes super-streamer that unites some of the…
Continue ReadingJudge in Dominion case sanctions Fox for withholding evidence, plans to appoint special master to probe possible misconduct
By Marshall Cohen The judge overseeing Dominion Voting Systems‘ massive defamation case against Fox News said Wednesday that he plans to…
Continue ReadingBrainard: US banking system is ‘sound’ and ‘stable’
By Alicia Wallace, CNN The broader US banking system remains sound and stable, but the two regional banks that failed were “poorly…
Continue ReadingWarren Buffett wants harsher penalties for top leaders of failed banks
By Chris Isidore, CNN Billionaire investor Warren Buffett isn’t worried about the state of the US banking industry — but he would like to see…
Continue ReadingJuul to pay $462 million to six states in its largest settlement ever
By Jordan Valinsky, CNN Business Juul Labs, the e-cigarette maker, is paying $462 million to six US states and DC in the largest multi-state…
Continue ReadingHow to avoid the next crisis? Banks may have to hold more cash
By Anna Cooban, CNN Regulators must learn “important lessons” from this year’s banking turmoil, the world’s top financial…
Continue ReadingWhy Walmart is closing half its stores in Chicago
By Nathaniel Meyersohn, CNN Walmart plans to close half its stores in Chicago, a reversal of the retail giant’s high-profile commitment in 2020…
Continue ReadingWhy Walmart is closing half its stores in Chicago
By Nathaniel Meyersohn, CNN Walmart plans to close half its stores in Chicago, a reversal of the retail giant’s high-profile commitment in 2020…
Continue ReadingInvestors are watching guidance this earnings season, but might not like what they see
By Krystal Hur, CNN Corporate guidance statements will be front and center as earnings season kicks off, with investors trying to gauge the…
Continue ReadingUS inflation falls to lowest level since May 2021
By Alicia Wallace, CNN Prices are moving in a more palatable direction for US consumers. Annual inflation, as measured by the Consumer Price Index,…
Continue ReadingMain Street investors bet on comeback for regional banks
By Nicole Goodkind, CNN Forget the banking crisis — Main Street’s retail investors have barreled into embattled bank stocks. It looks like…
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