Money Archives

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…

Elon Musk has lost a bigger fortune than anyone in history

January 2, 2023 5:32 am CNN Newsource

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

An aerial view of the Burj al-Arab hotel in Dubai

Dubai just dropped a 30% tax on alcohol

January 2, 2023 4:20 am CNN

By Anna Cooban and Mostafa Salem, CNN Dubai has scrapped a 30% tax on alcohol and will no longer charge tourists or expats for permits to buy…

Dubai just dropped a 30% tax on alcohol

January 2, 2023 4:20 am CNN Newsource

By Anna Cooban and Mostafa Salem, CNN Dubai has scrapped a 30% tax on alcohol and will no longer charge tourists or expats for permits to buy…

A public screen displays the Shenzhen Stock Exchange and the Hang Seng Index figures in Shanghai

One third of world economy expected to be in recession in 2023, says IMF chief

January 1, 2023 11:31 pm CNN Newsource

By Diksha Madhok, CNN This year is going to be tougher on the global economy than the one we have left behind, the International Monetary…

Chinese leader Xi Jinping delivers a New Year address in Beijing

Xi Jinping estimates China’s 2022 GDP grew at least 4.4%. But Covid misery looms

January 1, 2023 10:07 pm CNN Newsource

By Laura He, CNN China’s economy grew at least 4.4% in 2022, according to leader Xi Jinping, a figure much stronger than many economists had…

Ambulances fill the bay at New York-Presbyterian Hospital

NewYork-Presbyterian nurses reach tentative agreement as nurses at other city hospitals still intend to strike

January 1, 2023 3:40 pm CNN Newsource

By Celina Tebor, Liam Reilly and Alaa Elassar, CNN Nearly 4,000 union nurses at NewYork-Presbyterian Hospital have reached a tentative agreement on a…

A For Sale sign at a house for sale in Calgary

Canada is banning some foreigners from buying property after home prices surged

January 1, 2023 6:49 am CNN Newsource

By Chris Isidore, CNN Canada in 2023 is closing its doors to foreign investors who want to purchase homes. A new Canadian law took effect January 1…

The high cost of dining out and changes to dating habits during the pandemic have driven singles to seek out more affordable

Inflation is killing the first dinner date

January 1, 2023 3:00 am CNN Newsource

By Nathaniel Meyersohn, CNN Singles are ditching pricey white tablecloth meals for romance in the park or on a walk instead. The high cost of dining…

Shoppers wait in line to checkout at a Target store on Black Friday in Chicago

Running an errand on New Year’s Day? Here is what’s open and closed

December 31, 2022 7:07 am CNN Newsource

By Parija Kavilanz, CNN Many of us will close out 2022 with celebrations that stretch well into the wee hours of New Year’s Day. But when Jan.…

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