JPMorgan Chase sues former executive Jes Staley over Jeffrey Epstein relationship
By David Goldman, CNN JPMorgan Chase sued former executive James Edward “Jes” Staley, who was largely responsible for JPMorgan’s…
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Fox News and Dominion spar in new legal filings
By Oliver Darcy, CNN Dominion Voting Systems and Fox News traded barbs in new court filings Wednesday, with the election technology company accusing…
Continue ReadingCrypto-friendly lender Silvergate collapses
By Allison Morrow, CNN Crypto-focused lender Silvergate said it is winding down operations and will liquidate the bank after being financially…
Continue ReadingWhite House calls Tucker Carlson ‘shameful’ in extraordinary rebuke
By David Goldman, CNN The White House lashed out at Fox News host Tucker Carlson Wednesday in an extraordinary rebuke of the late-night commentator…
Continue ReadingWhite House calls Tucker Carlson ‘shameful’ in extraordinary rebuke
By David Goldman, CNN The White House lashed out at Fox News host Tucker Carlson Wednesday in an extraordinary rebuke of the late-night commentator…
Continue ReadingThe cost of food is down, but grocery bills are still up. Here’s why
By Danielle Wiener-Bronner, CNN Why aren’t prices falling at the grocery store? When food producers started raising prices a few years ago,…
Continue ReadingTakeaways from the February jobs report
By Alicia Wallace, CNN February’s jobs report had a little something for everyone. For workers, there were jobs; for employers, there were…
Continue ReadingThe number of available jobs in the US shrank in January
By Alicia Wallace, CNN There’s a slight chill running through the US labor market, but the temperature is still too high for the Federal…
Continue ReadingThe US housing market is short 6.5 million homes
By Anna Bahney, CNN The United States is not building enough homes to account for the number of people setting up their own households. As a result,…
Continue ReadingFox CEO Lachlan Murdoch dismisses $1.6 billion defamation case revelations as ‘noise’
By Oliver Darcy, CNN Fox Corporation CEO Lachlan Murdoch on Thursday dismissed the revelations from Dominion Voting Systems’ $1.6 billion…
Continue ReadingFox Chairman Rupert Murdoch rejected election conspiracy theories, Dominion lawsuit documents show
By Oliver Darcy, Jon Passantino, Marshall Cohen, Nicki Brown, Kate Trafecante, Anna Bahney and Jeanne Sahadi, CNN A trove of text messages, emails,…
Continue ReadingUS safety regulators to investigate Tesla for steering wheels that can fall off
By Chris Isidore, CNN Federal safety regulators are investigating Tesla’s Model Y SUV after at least two instances in which owners said their…
Continue ReadingYeezy fallout could push Adidas into its first annual loss in 31 years
By Anna Cooban, CNN Adidas has warned that it could suffer its first annual operating loss in more than three decades this year, mostly because it…
Continue ReadingJerome Powell’s testimony sent markets reeling. That may be a good thing
By Nicole Goodkind, CNN Federal Reserve Chairman Jerome Powell on Tuesday cleared the way for larger interest rate hikes at this month’s…
Continue ReadingThe cost of food is down, but grocery bills are still up. Here’s why
By Danielle Wiener-Bronner, CNN Why aren’t prices falling at the grocery store? When food producers started raising prices a few years ago,…
Continue ReadingBuying bank stocks before a recession used to be madness. Not anymore
By Anna Cooban, CNN Investors are bucking tradition this year by piling into big bank stocks just as major economies are expected to either slow down…
Continue ReadingIMF chief: Ukraine war will have ‘devastating’ consequences for Russia’s economy
By Julia Horowitz, CNN The International Monetary Fund has drawn criticism for forecasting that Russia will see stronger economic growth this year…
Continue ReadingFox Chairman Rupert Murdoch rejected election conspiracy theories, Dominion lawsuit documents show
By Oliver Darcy, Jon Passantino, Marshall Cohen, Nicki Brown, Kate Trafecante, Anna Bahney and Jeanne Sahadi, CNN A trove of text messages, emails,…
Continue ReadingNTSB launches special safety culture investigation of Norfolk Southern
By Gregory Wallace Citing the “number and significance of recent Norfolk Southern accidents,” federal investigators said Tuesday they…
Continue ReadingUS Justice Department sues to block JetBlue’s purchase of Spirit Airlines
By Chris Isidore, CNN The US Justice Department is suing to stop JetBlue’s proposed $3.8 billion deal to buy discount carrier Spirit Airlines,…
Continue ReadingHoward Schultz will testify before senate committee on Starbucks’ labor practices
By Danielle Wiener-Bronner, CNN Starbucks interim CEO Howard Schultz will testify before a Senate committee about the company’s labor practices…
Continue ReadingTicketmaster goes down again as Eurovision fans rush to snag tickets
By Jessie Gretener and Anna Cooban, CNN Some fans of the Eurovision Song Contest were unable to access Ticketmaster’s website Tuesday, almost…
Continue ReadingWeightWatchers jumps into the prescription weight loss drug business
By Nathaniel Meyersohn, CNN WeightWatchers is getting into the booming prescription weight loss drug business. The company, now known as WW…
Continue ReadingWeightWatchers jumps into the prescription weight loss drug business
By Nathaniel Meyersohn, CNN WeightWatchers is getting into the booming prescription weight loss drug business. The company, now known as WW…
Continue ReadingToyota’s new Prius may be the best argument yet for hybrids
By Peter Valdes-Dapena, CNN Business After I parked a new 2023 Toyota Prius and walked away, I turned around to look at it. Not because I was…
Continue ReadingDebt default would be ‘catastrophic’ event that could kill millions of American jobs, Moody’s warns
By Matt Egan, CNN A breach of the US debt ceiling risks sparking a 2008-style economic catastrophe that wipes out millions of jobs and sets America…
Continue ReadingThere’s a new Reese’s in town, hold the dairy
By Danielle Wiener-Bronner, CNN Vegan Reese’s are happening. Hershey, which makes Reese’s along with Hershey bars, Kisses and other…
Continue ReadingBud Light Seltzer used to run ads joking that people thought it was beer. It’s not a joke anymore
By Jordan Valinsky, CNN Business Bud Light Seltzer has a problem: People still think there’s beer in the spiked seltzer. More than half of the…
Continue ReadingTakeaways from Powell’s congressional testimony
By Alicia Wallace, CNN Federal Reserve Chairman Jerome Powell was on Capitol Hill Tuesday for the first part of his two-day semiannual monetary…
Continue ReadingWhat to watch as Fed Chair Powell testifies before Congress
By Nicole Goodkind, CNN Federal Reserve Chair Jerome Powell is on the hot seat this week as he testifies before Congress. Investors will be watching…
Continue ReadingSri Lanka expects approval of $2.9 billion IMF deal after China support
Reuters Sri Lanka expects final approval from the International Monetary Fund for a $2.9 billion loan in the third or fourth week of this month, the…
Continue ReadingXi Jinping hits out at US as he urges China’s private firms to ‘fight’ alongside Communist Party
By Laura He, CNN China’s leader Xi Jinping hit out at the United States with unusually direct comments as he called on the country’s…
Continue ReadingFrench oil refineries blockaded as 1 million protest against pension reforms
By Pierre Bairin, Aurore Laborie and Hanna Ziady, CNN Oil refineries across France were blockaded Tuesday by workers taking part in a…
Continue ReadingA takeover battle for the future of K-pop is heating up
By Michelle Toh and Gawon Bae, CNN Kakao, one of South Korea’s top internet giants, has doubled down on its quest to take control of SM…
Continue ReadingXi Jinping hits out at US as he urges China’s private firms to ‘fight’ alongside Communist Party
By Laura He, CNN China’s leader Xi Jinping hit out at the United States with unusually direct comments as he called on the country’s…
Continue ReadingOne of India’s trash mountains is on fire again and residents are choking on its toxic fumes
By Rhea Mogul, CNN Firefighters in the southern Indian city of Kochi were toiling Tuesday to control toxic fumes from spreading after a landfill…
Continue ReadingGoogle’s 16th employee is getting her own Barbie
By Parija Kavilanz, CNN Barbie isn’t one to be pigeonholed into a profession just because she’s a woman. She’s had an impressive…
Continue Reading‘Dilbert’ to return on Scott Adams’ subscription service
By Ramishah Maruf, CNN Dilbert is coming back. At least in a different sense. Scott Adams, the comic creator who was dropped by hundreds of…
Continue ReadingSix small things you can do this year to improve your financial future
By Jeanne Sahadi, CNN You know very well you could do a million things to improve your financial situation. The problem, though, is that changing a…
Continue ReadingJPMorgan Chase CEO Jamie Dimon says Ukraine invasion is a top economic concern
By Nicole Goodkind, CNN The war in Ukraine and US-China relations are two of JPMorgan Chase CEO Jamie Dimon’s largest economic concerns, he…
Continue ReadingAmerica’s credit rating could get downgraded even if a default is avoided, Fitch Ratings warns
By Matt Egan, CNN Every few years, Washington plays a dangerous game of chicken over whether to raise the debt ceiling or default on US debt. Even if…
Continue ReadingAmazon closing some of its cashier-free stores
By Chris Isidore, CNN Business Amazon is permanently closing eight of its 29 Amazon Go convenience stores that offer customers the ability to shop…
Continue ReadingHead of UK business lobby steps aside following complaints about his conduct
By Robert North, CNN The head of the main business lobby in the United Kingdom is stepping aside while an investigation takes place into complaints…
Continue ReadingSiriusXM to cut 8% of workforce, eliminating 475 jobs
By Jon Passantino Satellite radio giant SiriusXM is laying off 475 people, or about 8% of its workforce, as part of a broad restructuring. With the…
Continue ReadingCNN anchor Kasie Hunt gives birth in surprise 13-minute labor
By Nicole Goodkind, CNN CNN anchor and chief national affairs analyst Kasie Hunt and husband Matthew Mario Rivera welcomed their second child to the…
Continue ReadingLarry Summers: US economy could hit an ‘air pocket’ in the coming months
By Alicia Wallace, CNN The US economy may still be running fast and strong, but its risk of suddenly falling into a recession still looms large,…
Continue ReadingConsumers keep spending. That might not be good news for them or the Fed
By Alicia Wallace, CNN US consumers kept spending last year despite historically high inflation, not only shelling out for necessities but also…
Continue ReadingHoda Kotb returns to ‘Today’ after daughter’s illness forced a two-week absence
By Jordan Valinsky, CNN Hoda Kotb returned to co-anchoring NBC’s “Today” show following a two-week absence, explaining to viewers…
Continue ReadingThis developer is happy that new home construction is falling
By Nicole Goodkind, CNN Recent headlines point to a slumping US housing market — as mortgage rates average near 7%, an increasing number of…
Continue Reading$30 million of Funko Pop! toys will be thrown in the trash
By Nicole Goodkind, CNN Business Thirty million dollars worth of Funko Pop! figures — those big-headed, vinyl pop-culture dolls — will…
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