Money Archives

This Canadian community just unveiled a statue dedicated to … Cheeto dust

October 11, 2022 10:38 pm CNN

By Zoe Sottile, CNN The bright orange, sticky residue that Cheetos leave on your fingertips has now been immortalized — by a 17-foot statue in…

Alleged rapist and his mother set teenage girl on fire after learning she was pregnant, Indian police say

October 11, 2022 10:00 pm CNN Newsource

By Rhea Mogul, Swati Gupta and Manveena Suri, CNN A 15-year-old girl is being treated at a hospital in northern India after she was allegedly set on…

Meta calls out news outlet, says it published stories based on fabricated documents

October 11, 2022 8:55 pm CNN

By Oliver Darcy, CNN Business It is not unusual for Meta to aggressively push back on articles. And it’s not unusual for publications to stand…

Elon Musk denies claim he spoke to Vladimir Putin about the war in Ukraine

October 11, 2022 7:47 pm CNN Newsource

By Natasha Bertrand and Jessie Yeung, CNN Tesla CEO Elon Musk has denied a claim that he spoke directly to Russian President Vladimir Putin in recent…

United States Senator Richard Blumenthal

Saudi Arabia and OPEC risk causing a US recession, Sen. Blumenthal says

October 11, 2022 3:51 pm CNN Newsource

By Matt Egan, CNN OPEC and its allies have defended their decision to slash oil production by arguing they are trying to prepare for a potential…

A food delivery man is pictured in Times Square in Manhattan on March 17

Proposed labor rule could give millions of gig workers employee status

October 11, 2022 10:31 am CNN Newsource

By Vanessa Yurkevich, CNN The Biden administration is proposing a new labor rule that could classify millions of gig workers as employees — a move…

Stocks are up modestly so far on Tuesday. Traders work on the floor at the New York Stock Exchange

Don’t worry, there’s still hope for the stock market

October 11, 2022 8:56 am CNN

By Paul R. La Monica, CNN Business The back-to-back, huge market rallies of last week may seem like a distant memory to investors after stocks slid…

Don’t worry, there’s still hope for the stock market

October 11, 2022 8:56 am CNN Newsource

By Paul R. La Monica, CNN Business The back-to-back, huge market rallies of last week may seem like a distant memory to investors after stocks slid…

Honda and LG are spending $3.5 billion to build a battery factory in Ohio

October 11, 2022 7:51 am CNN Newsource

By Peter Valdes-Dapena, CNN Business Honda and South Korean battery maker LG Energy Solutions are investing $3.5 billion to build a joint venture…

A powerboat lies atop a pile of debris two days after the passage of Hurricane Ian

Tens of thousands likely jobless after Hurricane Ian, economists say

October 11, 2022 7:43 am CNN Newsource

Martha C. White for CNN Business Hurricane Ian’s devastating impact will be felt for weeks and months to come, especially in the state of…

Tens of thousands likely jobless after Hurricane Ian, economists say

October 11, 2022 7:43 am CNN

Martha C. White for CNN Business Hurricane Ian’s devastating impact will be felt for weeks and months to come, especially in the state of…

Traders work on the floor of the New York Stock Exchange (NYSE) on October 07

Markets won’t go back to normal until the Fed stops hiking rates

October 11, 2022 4:43 am CNN Newsource

By Nicole Goodkind, CNN Business Stocks lost ground again on Monday following a turbulent week that saw market volatility at its bumpiest level since…

Christmas comes early in an Old Navy store in Chelsea in New York on October 6.

How to be a smart holiday shopper

October 11, 2022 5:33 am CNN Newsource

By Nathaniel Meyersohn, CNN Business It’s only October, but holiday shopping promotions are here with retailers bringing out the Christmas…

US President Joe Biden speaks at an IBM facility in Poughkeepsie

Jake Tapper to sit down with President Joe Biden Tuesday night 9 p.m. ET

October 11, 2022 6:31 am CNN

By CNN Staff Jake Tapper, CNN’s chief Washington correspondent and anchor, is set to kick off his new show Tuesday evening by sitting down to…

Jake Tapper to sit down with President Joe Biden Tuesday night 9 p.m. ET

October 11, 2022 6:31 am CNN Newsource

By CNN Staff Jake Tapper, CNN’s chief Washington correspondent and anchor, is set to kick off his new show Tuesday evening by sitting down to…

A customer pushes a shopping cart and bags outside a supermarket operated by Aldi Einkauf GmbH & Co.

‘The worst is yet to come’: IMF issues stark recession warning

October 11, 2022 6:00 am CNN Newsource

By Julia Horowitz, CNN Business The International Monetary Fund has once again downgraded its forecast for the global economy with a sharp warning:…

How to be a smart holiday shopper

October 11, 2022 5:33 am CNN

By Nathaniel Meyersohn, CNN Business It’s only October, but holiday shopping promotions are here with retailers bringing out the Christmas…

A Tesla Model S with Autopilot is shown. The Insurance Institute for Highway Safety warns drivers about putting too much trust in their vehicles' driver-assist features.

Confused drivers think they have ‘self-driving’ cars. That’s dangerous, an insurance group warns

October 10, 2022 9:01 pm CNN Newsource

By Matt McFarland, CNN Business Drivers are putting too much trust in their vehicles’ driver-assist features, which may lead to dangerous…

GM is starting an energy storage subsidiary to take on the Tesla Powerwall

October 11, 2022 3:01 am CNN Newsource

By Peter Valdes-Dapena, CNN Business General Motors is starting its own energy storage business using its Ultium battery packs to power homes and…

Bank of England warns risk of UK financial crisis hasn’t gone away

October 11, 2022 12:35 am CNN Newsource

By Mark Thompson, CNN Business For the second time in two days, the Bank of England has been forced to offer extra support to UK markets still…

Seen here is an aerial view of shipping containers and freight railway trains in Commerce

The threat of a freight railroad strike is back

October 10, 2022 2:16 pm CNN Newsource

By Chris Isidore and Vanessa Yurkevich, CNN Business A union of railroad track maintenance workers has rejected a tentative agreement with the…

Actor William Shatner speaks to the media after his flight in a capsule powered by Blue Origin near Van Horn

William Shatner on traveling to space: ‘All I saw was death’

October 10, 2022 1:04 pm CNN Newsource

By Jackie Wattles, CNN Astronauts have for decades described their trips to space as “breathtaking” and humbling, a reminder of the…

Gas prices are on the rise again. A customer fuels up his car at a gas station in Erlanger

$4 gas could be coming — again

October 10, 2022 11:20 am CNN Newsource

By Chris Isidore, CNN Business Here’s the bad news first: Gas prices are on the rise in most of the US and could soon hit a national average of…

Stocks dip after JPMorgan Chase CEO Jamie Dimon warns of recession

October 10, 2022 10:25 am CNN Newsource

By Paul R. La Monica, CNN Business So much for a sleepy Columbus Day on Wall Street. Stocks weren’t doing much Monday morning but took a turn…

US economy will soon start losing 175,000 jobs a month, Bank of America warns

October 10, 2022 9:50 am CNN Newsource

By Matt Egan, CNN The Federal Reserve’s fight to squash inflation will cause the US economy to start losing tens of thousands of jobs a month…

Amazon will invest $970 million in electric vehicles for its European fleet

October 10, 2022 7:43 am CNN Newsource

By Chris Isidore, CNN Business Amazon said Monday it plans to spend €1 billion, or $972 million, on electric vehicles for its European fleet. The…

Nikki Finke, veteran Hollywood journalist, has died

October 10, 2022 6:28 am CNN Newsource

By Jordan Valinsky, CNN Business Nikki Finke, the sharp-tongue Hollywood journalist famous for her seemingly non-stop scoops, has died. She was 68.…

White-collar office workers appear to be feeling the brunt of the Fed's rate hike actions.

White-collar workers are feeling the brunt of the Fed’s rate hikes. Here’s why

October 10, 2022 4:51 am CNN Newsource

By Nicole Goodkind, CNN Business September’s hotly anticipated jobs data ended up cooling markets on Friday. Stocks fell sharply as investors…

UK brings budget forward in another attempt to reassure markets

October 10, 2022 3:09 am CNN Newsource

By Hanna Ziady, CNN Business UK Finance Minister Kwasi Kwarteng will try to avoid spooking investors a second time when he publishes details of plans…

Nobel Prize in economics awarded to trio including Ben Bernanke for work on financial crises

October 10, 2022 3:08 am CNN Newsource

By Julia Horowitz, CNN Business Former Federal Reserve Chair Ben Bernanke, Douglas Diamond and Philip Dybvig were awarded the Nobel Prize in…

Billionaire Gautam Adani addresses delegates during the Bengal Global Business Summit in Kolkata

Gautam Adani was a college dropout. Now he may be too big to fail

October 10, 2022 2:39 am CNN Newsource

By Diksha Madhok, CNN Business On a late August evening in New Delhi, journalists’ phones started buzzing with messages. Indian billionaire…

Elon Musk’s unsolicited idea for Taiwan welcomed by Beijing, slammed in Taipei

October 10, 2022 2:32 am CNN Newsource

By Rhea Mogul, CNN As tensions between China and Taiwan simmer at their highest point in decades, officials in both places have clashed in recent…

Airbus and Air France are back in court over the Rio-Paris crash in June 2009. The Air France A330 aircraft plunged into the Atlantic Ocean on that date.

Air France and Airbus charged with involuntary homicide for Rio-Paris crash in 2009

October 10, 2022 2:32 am CNN Newsource

By Jim Bittermann, CNN The trial of two of France’s biggest companies began Monday over the crash of Air France flight 447 in 2009 that killed…

The Bank of England is still trying to put out the fire Liz Truss started

October 10, 2022 2:20 am CNN Newsource

By Julia Horowitz, CNN Business The Bank of England announced Monday that it would provide extra support to UK markets, beefing up its efforts to…

Tourists watch paddy field painting at an agricultural demonstration area during the National Day holiday on October 2

China’s holiday spending plunges to seven-year low as zero-Covid batters consumer confidence

October 10, 2022 12:41 am CNN

By Laura He, CNN Business Holiday spending during China’s Golden Week has plunged to its lowest level in seven years, as broad Covid curbs…

China’s holiday spending plunges to seven-year low as zero-Covid batters consumer confidence

October 10, 2022 12:41 am CNN Newsource

By Laura He, CNN Business Holiday spending during China’s Golden Week has plunged to its lowest level in seven years, as broad Covid curbs…

Adult dancers have unionized at the Star Garden in North Hollywood

North Hollywood strippers set to vote on joining a union

October 9, 2022 9:59 am CNN Newsource

By Natasha Chen, CNN Strippers at the Star Garden topless dive bar in North Hollywood will soon receive ballots to hold an election for collective…

McDonald’s announces return of Halloween pails — just in time for trick-or-treating

October 9, 2022 9:24 am CNN Newsource

By Zoe Sottile, CNN What’s spookier than a bit of Halloween-themed nostalgia? McDonald’s has announced the return of its retro Halloween…

This Canadian community just unveiled a statue dedicated to … Cheeto dust

October 9, 2022 7:09 am CNN Newsource

By Zoe Sottile, CNN The bright orange, sticky residue that Cheetos leave on your fingertips has now been immortalized — by a 17-foot statue in…

A United States Postal Service (USPS) post office in Louisville

Columbus Day and Indigenous People’s Day 2022: Here’s what’s open and closed

October 9, 2022 6:11 am CNN Newsource

By Ramishah Maruf Columbus Day, and now Indigenous People’s Day, will be observed on Monday, October 10 this year, and while some will have the…

Made in America is back, leaving US factories scrambling to find workers

October 9, 2022 5:58 am CNN Newsource

By Chris Isidore and Christine Romans, CNN US factories are humming, and manufacturers are scrambling to find workers as the pace of hiring hits…

People walk along Park Avenue near a JPMorgan Chase bank branch in New York

Get ready for some earnings

October 9, 2022 4:32 am CNN Newsource

By Paul R. La Monica, CNN Business There’s lots of anxiety swirling about a possible recession. Is Corporate America starting to get nervous,…

"Dragon" has seen week-over-week gains since episode three

‘Game of Thrones’ ended with a thud. But ‘House of the Dragon’ has caught fire

October 9, 2022 2:01 am CNN Newsource

By Frank Pallotta, CNN Business HBO has created a kingdom of hits, with none as popular as “Game of Thrones.” But “Game of…

‘SNL’ sends contestants over the edge with ‘So You Think You Won’t Snap!’

October 8, 2022 9:51 pm CNN

By Kelly McCleary, CNN “Saturday Night Live” opened its show this week by testing the temperament of contestants being read news…

‘SNL’ sends contestants over the edge with ‘So You Think You Won’t Snap!’

October 8, 2022 9:51 pm CNN Newsource

By Kelly McCleary, CNN “Saturday Night Live” opened its show this week by testing the temperament of contestants being read news…

ExxonMobil has been ordered to reinstate two scientists who were fired after being suspected of leaking information to The Wall Street Journal

Exxon illegally fired two scientists suspected of leaking information to WSJ, Labor Department says

October 8, 2022 10:34 am CNN Newsource

By Ramishah Maruf, CNN ExxonMobil has been ordered to reinstate two scientists who were fired after being suspected of leaking information to The…

Rivian recalling 12,000 vehicles for loose bolt

October 8, 2022 6:08 am CNN Newsource

By Peter Valdes-Dapena, CNN Business Rivian, the Irvine, California-based electric vehicle company, is recalling nearly all the vehicles it has…

Markets in the UK went haywire as hundreds of British pension fund managers found themselves at the center of a crisis that forced the Bank of England to step in to restore stability and avert a broader financial meltdown

How meltdown in a $1 trillion market brought the UK to the brink of a financial crisis

October 8, 2022 5:57 am CNN Newsource

By Julia Horowitz, CNN Business Pension funds are designed to be dull. Their singular goal — earning enough money to make payouts to retirees —…

Aldi has been seeing new customers as inflation soars.

Low-price grocers like Aldi are winning as consumers trade down

October 8, 2022 4:03 am CNN Newsource

By Danielle Wiener-Bronner, CNN Business With grocery prices soaring, consumers are changing the way they shop for food. That’s great news for…

The simple reason why Trader Joe’s doesn’t deliver

October 8, 2022 2:01 am CNN Newsource

By Nathaniel Meyersohn, CNN Business Online ordering is kind of a big thing these days, if you haven’t heard yet, and just about every…

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