Mortgage rates fall for the fourth week in a row
By Anna Bahney, CNN Homebuyers benefited from another week of falling mortgage rates, with the average rate dropping for the fourth week in a row,…
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Southwest Airlines’ CEO got 75% pay hike ahead of service meltdown
By Chris Isidore, CNN Bob Jordan, who took over as CEO of Southwest Airlines in February 2022, just 10 months before the airline’s epic holiday…
Continue ReadingBanks are in turmoil but a bigger financial crisis may be brewing elsewhere
By Anna Cooban, CNN The International Monetary Fund warned this week of “vulnerabilities” among so-called non-bank financial…
Continue ReadingMoments following stabbing of Bob Lee captured on video and 911 call, local news site reports
By Taylor Romine and Kevin Flower, CNN The moments following the San Francisco stabbing attack of Cash App founder Bob Lee were captured on…
Continue ReadingMoments following stabbing of Bob Lee captured on video and 911 call, local news site reports
By Taylor Romine and Kevin Flower, CNN The moments following the San Francisco stabbing attack of Cash App founder Bob Lee were captured on…
Continue ReadingProtesters storm BlackRock’s Paris office holding red flares and firing smoke bombs
By Pierre Bairin and Hanna Ziady, CNN Demonstrators forced their way into the building that houses BlackRock’s office in Paris Thursday, taking…
Continue Reading‘We’re at a tipping point:’ What to expect from the jobs report on Friday
By Alicia Wallace, CNN The US labor market has kept trucking right along even as other areas of the economy have slowed. But that once high-octane…
Continue ReadingIs the US economy ‘unwell?’ We’re about to find out
By Nicole Goodkind, CNN After months of a remarkably strong US labor market and economy, everything seems to be slowing down. The latest…
Continue ReadingDominion can force Murdochs to testify at Fox News defamation trial, judge says
By Marshall Cohen, CNN Dominion Voting Systems can force Fox Corporation executives Rupert and Lachlan Murdoch to testify on the witness stand at…
Continue ReadingNPR criticizes Twitter for slapping it with a ‘state-affiliated media’ label
By Brian Fung, CNN NPR sharply criticized Twitter on Wednesday after the social media platform, in an apparent violation of its own policies, labeled…
Continue ReadingChipotle accuses Sweetgreen of trademark infringement over its ‘chipotle chicken’ bowl
By Jordan Valinsky, CNN Chipotle Mexican Grill is suing rival Sweetgreen for trademark infringement over the latter’s recently released salad…
Continue ReadingHere’s why beef is still pricey
By Danielle Wiener-Bronner, CNN A slowing economy may lead to a decline in sales of pricey beef cuts, but don’t look for any bargains just yet.…
Continue ReadingHere’s why beef is still pricey
By Danielle Wiener-Bronner, CNN A slowing economy may lead to a decline in sales of pricey beef cuts, but don’t look for any bargains just yet.…
Continue ReadingBed Bath & Beyond gets $120 million lifeline to help it stock near-empty shelves
By Chris Isidore, CNN Cash-starved Bed, Bath & Beyond, which is scrambling to avoid bankruptcy, announced a $120 million lifeline to help it…
Continue ReadingThe Fed could easily drive Black unemployment much higher than the overall jobless rate
By Krystal Hur, CNN Millions of jobs could be on the chopping block this year, as the Federal Reserve continues its rate-hiking campaign to tame…
Continue ReadingRam electric pickup truck can go 500 miles on a charge, says Stellantis
By Peter Valdes-Dapena, CNN Stellantis chief executive Carlos Tavares has said in the past that the company’s electric Ram pickup truck, while…
Continue ReadingThese are the only stocks that matter right now
By Nicole Goodkind, CNN US stocks have been incredibly resilient this year. In the midst of a banking crisis, historically high interest rates,…
Continue ReadingOld Navy’s response to slumping sales: More pockets
By Parija Kavilanz, CNN Old Navy, known for its low-priced basic and trendy seasonal clothing, has adopted an interesting sartorial tactic amid…
Continue ReadingTucker Carlson, Sean Hannity among prominent Fox hosts, execs set to take stand at defamation trial
By Marshall Cohen and Kate Trafecante, CNN Fox News said in a court filing Tuesday that it plans to put some of its most prominent executives and TV…
Continue ReadingJohnson & Johnson is again trying to use bankruptcy to settle talc cases for $8.9 billion
By David Goldman, CNN Johnson & Johnson is trying once again to use the bankruptcy courts to settle tens of thousands of cases that claim its…
Continue ReadingNBA’s Miami Heat sheds FTX from its arena’s name
By Krystal Hur, CNN The home arena for NBA’s Miami Heat is getting rid of FTX in its name, months after the bankrupt cryptocurrency…
Continue ReadingThe barcode is turning 50, but who gets the credit for it is up for debate
By Dayun Park Beep! The barcode, that rectangle of thick and thin parallel lines seen on seemingly every grocery product, package, prescription…
Continue ReadingBritain’s pound is beating every other major currency this year
By Julia Horowitz, CNN The British pound crashed to a record low last fall as investors rebelled against budget plans by former Prime Minister Liz…
Continue ReadingRupert Murdoch’s engagement with Ann Lesley Smith is called off
By Oliver Darcy, CNN The media wedding of the summer is no more. Billionaire right-wing media mogul Rupert Murdoch and Ann Lesley Smith have called…
Continue ReadingVW recalls 140,000 SUVs due to faulty passenger-side airbags, owners told not to let anyone ride shotgun
By Peter Valdes-Dapena, CNN Business Volkswagen is recalling 143,000 of its big Atlas SUVs in the US because a faulty sensor on the front passenger…
Continue ReadingThe creator of the Catan board game has died
By Danielle Wiener-Bronner, CNN Klaus Teuber, creator of the blockbuster board game Catan, has passed away. “It is with profound sadness that…
Continue ReadingThe creator of the Catan board game has died
By Danielle Wiener-Bronner, CNN Klaus Teuber, creator of the blockbuster board game Catan, has passed away. “It is with profound sadness that…
Continue ReadingMillennial app founder arrested, charged with defrauding JPMorgan Chase
By Krystal Hur, CNN Charlie Javice, founder of the buzzy student financial assistance startup Frank, was arrested Monday night and charged by the US…
Continue Reading5,000 GM salaried staff took buyouts
By Chris Isidore, CNN About 5,000 General Motors white collar employees have taken buyouts, according to GM CFO Paul Jacobson. Jacobson, speaking at…
Continue ReadingElon Musk loses his position atop Forbes’ annual billionaires list
By Jordan Valinsky, CNN Elon Musk has officially been dethroned from the top of Forbes’ annual “World’s Billionaire’s…
Continue ReadingJob openings shrank more than expected in February in a positive sign for the Fed
By Alicia Wallace, CNN America isn’t taking down all of its “help wanted” signs just yet — but they are slowly starting to…
Continue ReadingJob openings shrank more than expected in February in a positive sign for the Fed
By Alicia Wallace, CNN America isn’t taking down all of its “help wanted” signs just yet — but they are slowly starting to…
Continue ReadingTikTok hit with nearly $16 million UK fine
By Robert North and Anna Cooban, CNN The UK data regulator has fined TikTok £12.7 million ($15.9 million) for a number of breaches of data…
Continue ReadingWalmart lays off 2,000 warehouse workers
By Jordan Valinsky, CNN Walmart is laying off more than 2,000 workers at five US warehouses that fulfill website orders, weeks after America’s…
Continue ReadingTesla is selling a German beer in a Cybertruck bottle
By Julia Horowitz, CNN Few brands are big enough to sell three beers for nearly $100. Elon Musk’s Tesla may be one. The electric car company…
Continue ReadingWhat the OPEC cuts mean for Putin and Russia
By Nicole Goodkind, CNN Some of the world’s largest oil exporters shocked markets over the weekend by announcing that they would cut oil…
Continue ReadingWhat the OPEC cuts mean for Putin and Russia
By Nicole Goodkind, CNN Some of the world’s largest oil exporters shocked markets over the weekend by announcing that they would cut oil…
Continue ReadingJPMorgan’s Jamie Dimon warns banking crisis will be felt for ‘years to come’
By Nicole Goodkind, CNN The banking crisis triggered by the recent collapses of Silicon Valley Bank and Signature Bank is not over yet and will…
Continue ReadingJPMorgan’s Jamie Dimon warns banking crisis will be felt for ‘years to come’
By Nicole Goodkind, CNN The banking crisis triggered by the recent collapses of Silicon Valley Bank and Signature Bank is not over yet and will…
Continue ReadingRichard Branson’s Virgin Orbit files for bankruptcy
By Anna Cooban, CNN Virgin Orbit, the rocket company founded by British billionaire Richard Branson, has filed for bankruptcy in the United States.…
Continue ReadingL’Oréal buys Aesop in $2.5 billion deal, its biggest acquisition ever
By Michelle Toh, CNN L’Oréal is buying Australian brand Aesop in a deal that values it at $2.5 billion, in the biggest brand acquisition ever…
Continue Reading‘I am truly sorry.’ Credit Suisse chair re-elected after apology at final shareholder meeting
By Hanna Ziady, CNN Credit Suisse Chairman Axel Lehmann apologized to angry shareholders Tuesday after the ailing Swiss lender required an emergency…
Continue ReadingAustralia bans TikTok on federal government devices
By Chris Lau, CNN Australia has joined other Western countries in banning the use of TikTok on government devices as the Chinese-owned video app…
Continue ReadingTesla ordered to pay more than $3 million to former worker in racism suit
By Ramishah Maruf and Chris Isidore, CNN A jury ordered Tesla to pay over $3 million Monday in a racial discrimination case brought by a former…
Continue ReadingDogecoin jumps after Elon Musk replaces Twitter bird with Shiba Inu
By Allison Morrow, CNN Twitter’s traditional bird icon was booted and replaced with an image of a Shiba Inu, an apparent nod to dogecoin, the…
Continue ReadingBob Iger calls Florida actions against Disney World ‘anti-business’
By Chris Isidore and Steve Contorno, CNN Disney CEO Bob Iger fought back against Florida Governor Ron DeSantis‘ actions against his company,…
Continue ReadingBob Iger calls Florida actions against Disney World ‘anti-business’
By Chris Isidore and Steve Contorno, CNN Disney CEO Bob Iger fought back against Florida Governor Ron DeSantis‘ actions against his company,…
Continue ReadingTaxes and adulting: What to know about filing taxes on your own for the first time
By Jeanne Sahadi, CNN For most people in their early- to mid-20s, filing taxes is right up there with having to pay rent and realizing you…
Continue ReadingMorning after pill brand speeds up retail access, doubles supply per pack
By Parija Kavilanz, CNN One maker said it is responding to high demand for the morning-after pill, after the US Supreme Court last year ended a…
Continue ReadingEY banned from auditing public interest companies in Germany over Wirecard
By Olesya Dmitracova, CNN Big-4 accounting firm EY has been banned from auditing companies of public interest in Germany for two years over its…
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