Money Archives

Warren Buffett is missing out on this year’s market comeback

February 19, 2023 4:33 am CNN Newsource

By Paul R. La Monica, CNN Warren Buffett is arguably the most legendary investor of all time. But the Oracle of Omaha has missed out on this…

Customers exit a Walmart store on January 24

Here’s what’s open and closed on Presidents Day 2023

February 19, 2023 3:47 am CNN Newsource

By Ramishah Maruf, CNN This Monday, February 20, marks Presidents Day. The federal holiday falls on the third Monday of February, commemorating…

Prices for single-family homes are falling in these cities

February 19, 2023 2:08 am CNN Newsource

By Anna Bahney, CNN Home prices are going up across the country — in aggregate. Looking at individual markets, however, some are showing prices…

Twitter Blue subscribers will be the platform's only users able to use text messages as a two-factor authentication method.

Twitter to charge for SMS two-factor authentication

February 18, 2023 12:20 pm CNN Newsource

By Ramishah Maruf, CNN Twitter Blue subscribers will be the platform’s only users able to use text messages as a two-factor authentication…

Elon Musk is currently working for Tesla for free. That could change

February 18, 2023 12:20 pm CNN

By Chris Isidore, CNN For the moment at least, Elon Musk is working at Tesla for free. Depending on how you look at it. Musk still has the potential…

A pedestrian walks past a used car lot on February 15 in Glendale

After a steep fall, used car prices poised to rise again

February 18, 2023 10:27 am CNN Newsource

By Chris Isidore, CNN The price of used cars has been falling steadily, and steeply, for much of the last year. Unfortunately for car buyers, that…

Starbucks Vanilla Frappuccino bottles marked with one of four expiration dates are being recalled.

Some Starbucks vanilla drinks are recalled, might have glass in them

February 18, 2023 9:28 am CNN Newsource

By Jay Croft, CNN Distributor PepsiCo is recalling more than 300,000 Starbucks Vanilla Frappuccino bottles because they might have glass in them, the…

A historic 1950's McDonald's restaurant in Downey

Why Pizza Hut’s red roofs and McDonald’s play places have disappeared

February 18, 2023 2:02 am CNN Newsource

By Nathaniel Meyersohn, CNN For decades, bright, playful and oddly-shaped fast-food restaurants dotted the roadside along America’s highways.…

Former Barclays CEO Jes Staley allegedly exchanged sexually suggestive emails with disgraced financier Jeffrey Epstein. Staley is seen here in Davos

Lawsuit alleges Jeffrey Epstein sent JPMorgan Chase exec photos of young women

February 17, 2023 4:03 pm CNN Newsource

By Nicole Goodkind, CNN Former Barclays CEO Jes Staley allegedly exchanged sexually suggestive emails with disgraced financier Jeffrey Epstein, some…

Analysis: Fox News has been exposed as a dishonest organization terrified of its own audience

February 17, 2023 5:53 pm CNN

By Oliver Darcy, CNN Business Fox News has been exposed like never before. A trove of newly-released text messages and emails have laid bare how the…

This company employed children to clean razor-sharp saws using hazardous chemicals

February 17, 2023 10:25 am CNN Newsource

By Ramishah Maruf, CNN A major US food sanitation company illegally employed at least 102 children between the ages of 13 and 17 in jobs that had…

Analysis: Fox News has been exposed as a dishonest organization terrified of its own audience

February 17, 2023 9:39 am CNN Newsource

By Oliver Darcy, CNN Business Fox News has been exposed like never before. A trove of newly-released text messages and emails have laid bare how the…

How has inflation affected your ability to care for your pet?

February 17, 2023 9:18 am CNN Newsource

By Alicia Wallace, CNN Inflation may be cooling off overall, but the price of pet food, pet products and pet care services remains stubbornly high.…

Don Lemon apologizes to CNN colleagues for sexist remarks: ‘I’m sorry that I said it’

February 17, 2023 8:31 am CNN Newsource

By Oliver Darcy, CNN CNN anchor Don Lemon apologized to his colleagues on Friday over sexist remarks he made on the network’s morning show…

These stocks have been shunned for years. Now investors love them

February 17, 2023 7:36 am CNN Newsource

By Anna Cooban, CNN London’s premier stock index is roaring back to life as investors turn their backs on Big Tech to favor old-time bank, oil…

Europe's natural gas prices have tumbled to their lowest level in nearly 18 months. Pictured is a natural gas pipeline near Mallnow

Europe’s natural gas prices fall to 18-month low

February 17, 2023 6:19 am CNN Newsource

By Anna Cooban, CNN Europe’s natural gas prices have tumbled to their lowest level in nearly 18 months in the latest sign the region has…

The so-called SpinCos typically outperform their parent companies. General Electric completed its spinoff of GE HealthCare. Pictured is a GE facility in Peebles

What’s a corporate spinoff and why is Wall Street obsessed?

February 17, 2023 4:39 am CNN Newsource

By Nicole Goodkind, CNN Better Call Saul, The Colbert Report, Law & Order: SVU — Sometimes a spinoff is just as good as the original. Wall…

The property market in China is so depressed that some banks are allowing people to pay off mortgages until they are 95 years old. People visit an open house on Thursday

China’s property crash is prompting banks to offer mortgages to 70-year-olds

February 17, 2023 3:29 am CNN Newsource

By Laura He, CNN The property market in China is so depressed that some banks are resorting to drastic measures, including allowing people to pay off…

Inflation remains uncomfortably high and is many times pre-pandemic norms. Pictured is the Brooklyn borough of New York

This number shows that high inflation is sticking around

February 17, 2023 1:31 am CNN Newsource

By Julia Horowitz, CNN The latest inflation figures from the United States, the United Kingdom and the European Union are feeding hopes that the…

China Renaissance Chairman and CEO Bao Fan

Top Chinese investment banker Bao Fan is latest CEO to go missing

February 17, 2023 1:27 am CNN Newsource

By Michelle Toh, CNN One of China’s top investment bankers has become unreachable, according to his company. China Renaissance, an investment…

Lufthansa suffers second setback in a week as airport strikes follow IT outage.

Lufthansa cancels over 1,300 flights as airport workers strike

February 17, 2023 1:03 am CNN Newsource

By Chris Stern, Inke Kappeler and Olesya Dmitracova, CNN Lufthansa has canceled more than 1,300 flights scheduled for Friday after the Verdi labor…

Soaring energy costs could push 141 million into extreme poverty, report says

February 16, 2023 9:57 pm CNN Newsource

By Tara Subramaniam, CNN The energy crisis triggered by Russia’s war in Ukraine could push 141 million people worldwide into extreme poverty,…

The most prominent stars and highest-ranking executives at Fox News privately ridiculed claims of election fraud in the 2020 election despite the right-wing channel allowing lies about the presidential contest to be promoted on its air

Fox News stars and executives privately trashed Trump’s election fraud claims, court document reveals

February 16, 2023 6:32 pm CNN Newsource

By Oliver Darcy, CNN The most prominent stars and highest-ranking executives at Fox News privately ridiculed claims of election fraud in the 2020…

Tesla recalling nearly 363,000 vehicles equipped with ‘Full Self-Driving’

February 16, 2023 10:15 am CNN Newsource

By Chris Isidore, CNN Tesla is recalling all 363,000 US vehicles with its so-called “Full Self Driving” driver assist software due to…

Mortgage rates climbed higher for the second week in a row. Pictured is a neighborhood in Pembroke Pines

Mortgage rates jump to 6.32%

February 16, 2023 10:00 am CNN Newsource

By Anna Bahney, CNN Mortgage rates climbed higher for the second consecutive week, following four weeks of declines. Inflation is running hotter,…

Americans continued to add to their debt at the end of last year — and grew their credit card balances at record rates.

Household debt hit record $16.9 trillion last quarter, as consumers loaded up their credit cards

February 16, 2023 8:36 am CNN Newsource

By Alicia Wallace, CNN Americans continued to add to their debt at the end of last year — and grew their credit card balances at record rates,…

Nigeria reissues the old 200-naira ($0.43) banknotes as cash fiasco threatens to disrupt the general elections later this month. Nigerian President Muhammadu Buhari (C) is pictured here during the launch of the new currency in Abuja

Nigeria reissues old banknote as cash fiasco threatens to disrupt election

February 16, 2023 8:13 am CNN Newsource

By Nimi Princewill and Stephanie Busari, CNN President Muhammadu Buhari on Thursday directed Nigeria’s central bank to reissue old 200-naira…

Investors worry about more rate hikes. New York Stock Exchange traders are pictured here on February 14 in New York City.

Stocks slide as investors worry about more rate hikes

February 16, 2023 8:13 am CNN Newsource

By Paul R. La Monica, CNN Inflation doesn’t seem to be going away anytime soon. And that’s weighing on Wall Street. Stocks tumbled…

Judge says Bankman-Fried could ‘conceivably’ have bail revoked

February 16, 2023 7:47 am CNN Newsource

By Kara Scannell and Allison Morrow, CNN A federal judge said Thursday that there may be “probable cause” to believe that FTX founder Sam…

Comparison view of the Sacramento Valley rice-growing region that has lost nearly 75 percent of production due to extreme drought conditions east of Willows

California’s heavy rains deliver hope of a lifeline for one devastated industry — rice

February 16, 2023 7:38 am CNN Newsource

By Parija Kavilanz, CNN The fierce storms and heavy rain that have pounded California in recent weeks could be the lifeline that one industry —…

Tesla has fired more than 30 supporters of a nascent union at its Buffalo facility days after the organizing effort was announced

Tesla accused of firing union supporters days after organizing effort starts

February 16, 2023 7:02 am CNN Newsource

By Chris Isidore, CNN Tesla has fired more than 30 supporters of a nascent union at its Buffalo facility, just days after the organizing effort was…

US home building fell again in January. In this file image from January 18

US new home construction fell in January for the fifth straight month

February 16, 2023 5:59 am CNN Newsource

By Anna Bahney, CNN US home building fell again in January, marking five straight months of declines, even as mortgage rates moderated and inflation…

The Producer Price Index picked up in January but annual inflation continues to cool. A tractor harvests corn in Leland

Producer prices rose in January but annual inflation continued to cool

February 16, 2023 5:38 am CNN Newsource

By Alicia Wallace, CNN A key inflation metric showed wholesale prices picked up in January from December but continued to cool on an annual basis,…

A shopper carries bags in the SoHo neighborhood of New York

Don’t underestimate the American shopper

February 16, 2023 4:58 am CNN Newsource

By Nicole Goodkind, CNN It’s never wise to underestimate the power of the American consumer, which has kept America’s economy humming…

China has imposed sanctions on Lockheed and Raytheon over arms sales to Taiwan

China sanctions Lockheed, Raytheon after vowing to retaliate against US restrictions

February 16, 2023 3:35 am CNN Newsource

By Wayne Chang and Simone McCarthy, CNN China has imposed sanctions on two American defense manufacturers over arms sales to Taiwan, a day after…

Starbucks doubles down on Asia Pacific with biggest expansion in five years

February 16, 2023 12:23 am CNN Newsource

By Michelle Toh, CNN Starbucks will open more than 400 stores across Asia Pacific in 2023, marking its biggest expansion in the region in five years.…

Members of the Indo-Tibetan Border Police (ITBP) stand guard outside a building housing BBC offices

BBC won’t be ‘put off’ covering India by tax raids and censorship

February 15, 2023 11:15 pm CNN

By Hanna Ziady, CNN The BBC says it will not be “put off” from reporting in India after the government prevented a documentary critical…

Indian tax officials continued their search of the BBC's offices in New Delhi and Mumbai for the third consecutive day.

Search of BBC offices by Indian government ends after three day raid

February 15, 2023 11:15 pm CNN Newsource

By Manveena Suri, Kunal Sehgal and Rhea Mogul, CNN Indian tax officials have ended their days-long search of the BBC’s offices in New Delhi and…

Ford uses Robotic Autonomous Guided Vehicles to move F-150 Lightning trucks from workstation to station.

Production halt on Ford’s electric F-150 Lightning will last at least a week and half

February 15, 2023 2:50 pm CNN Newsource

By Peter Valdes-Dapena, CNN Ford recently stopped production on the electric F-150 Lightning pickup because of a possible battery problem. A Ford…

World Bank head David Malpass has ‘no regrets’ over leadership, following surprise resignation

February 15, 2023 2:05 pm CNN Newsource

By Kate Trafecante, CNN World Bank President David Malpass plans to step down a year before his term is set to end, the organization announced…

Chick-fil-A opens NYC ‘break room’ for delivery workers

February 15, 2023 1:49 pm CNN Newsource

By Danielle Wiener-Bronner, CNN Covid spurred more people to order food out, making delivery workers busier than ever. So Chick-fil-A has built a…

Howard Schultz declined Bernie Sanders’ request to testify before Congress

February 15, 2023 1:31 pm CNN Newsource

By Dayun Park Howard Schultz has declined Bernie Sanders’ request to testify before Congress. In a refusal relatively rare on Capitol Hill,…

Samuel Bankman-Fried departs Manhattan federal court in New York on February 9.

Stanford scholars co-signed Sam Bankman-Fried’s $250 million bail deal

February 15, 2023 1:21 pm CNN Newsource

By Kara Scannell and Allison Morrow, CNN A federal judge released the names of two people who co-signed Sam Bankman-Fried’s $250 million bail…

Charlie Munger still likes big banks and hates crypto

February 15, 2023 12:05 pm CNN Newsource

By Paul R. La Monica, CNN Charlie Munger, the 99-year-old vice chairman of Berkshire Hathaway and longtime friend and business associate of Warren…

Here are tips to announce your job loss on social media.

You’ve been laid off. Here’s what to post on social media, and what to leave out

February 15, 2023 11:01 am CNN Newsource

By Jeanne Sahadi, CNN If ever you’ve been swept up in a mass layoff, among the many unwelcome tasks on your new to-do list is how and when to…

Nissan recalling 404,000 vehicles for steering wheel badge that can fly off in a crash

February 15, 2023 10:46 am CNN Newsource

By Peter Valdes-Dapena, CNN Nissan is recalling more than 400,000 older SUV, van and pickup models in the United States because the Nissan badge on…

Airbnb reported Wednesday it earned $1.9 billion in 2022.

Airbnb shares soar as first annual profit is another sign of travel rebound

February 15, 2023 9:54 am CNN

By Chris Isidore, CNN Airbnb shares posted their biggest one-day gain in trading Wednesday after the home rental service posted its first annual…

Airbnb shares soar as first annual profit is another sign of travel rebound

February 15, 2023 9:54 am CNN Newsource

By Chris Isidore, CNN Airbnb shares posted their biggest one-day gain in trading Wednesday after the home rental service posted its first annual…

Home builder confidence jumped in February. Construction workers in Foley

Home builder sentiment sees biggest monthly jump since 2013

February 15, 2023 9:51 am CNN Newsource

By Anna Bahney, CNN Home builder confidence jumped this month by the largest amount in almost 10 years, as falling mortgage rates pulled in more…

Congress will grill the head of the Federal Aviation Administration Wednesday to determine how the US government plans to keep passengers and crews safe.

FAA chief gets grilled by Congress for recent airline groundings and safety concerns

February 15, 2023 8:40 am CNN Newsource

By Gregory Wallace, CNN The nation’s top aviation official talked about the safety risks of “complacency” in a Senate hearing…

Email:
Select all that apply: Morning News Headlines Daily Weather Forecast Breaking News Alert Afternoon Headlines Contests and Promotions