JPMorgan steals the show as banks lift curtain on earnings
By Nicole Goodkind, CNN First quarter earnings season kicked off last week with reports from some of the largest names in finance with investors…
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Fox News-Dominion trial abruptly delayed on eve of opening statements
By Oliver Darcy and Marshall Cohen, CNN Dominion Voting Systems’ high-stakes defamation trial against Fox News, which was supposed to begin…
Continue Reading Fox News-Dominion trial abruptly delayed on eve of opening statements
By Oliver Darcy and Marshall Cohen, CNN Dominion Voting Systems’ high-stakes defamation trial against Fox News, which was supposed to begin…
Continue Reading ‘Love is Blind’ live reunion delayed as Netflix pleads for patience
By David Goldman, CNN Netflix’s highly anticipated live reunion Sunday for the season 4 cast of its reality dating show “Love is…
Continue Reading Christine Lagarde says she has ‘huge confidence’ that the US won’t default on its own debt
By Ramishah Maruf, CNN Christine Lagarde, president of the European Central Bank, said she has “huge confidence” the US will not allow…
Continue Reading Four out of the five US metro areas with the lowest unemployment are in Florida. Here’s why
By Bryan Mena, CNN Four out of the five US metropolitan areas with the lowest unemployment rates are in Florida, thanks to the state’s growing…
Continue Reading What to know about the Fox News and Dominion trial
By Ramishah Maruf, CNN A trial in a defamation suit brought against Fox News by Dominion Voting Systems is set to begin this week. It could have…
Continue Reading How to protect your portfolio, according to 3 investors
By Krystal Hur, CNN Wall Street has been hit with a barrage of complex signals about the economy’s health over the past month. From banking…
Continue Reading Fox News apologizes to judge for ‘misunderstanding’ over Rupert Murdoch’s role that sparked investigation
By Marshall Cohen, CNN Fox News formally apologized to the judge in the Dominion defamation case, taking responsibility for the…
Continue Reading Walmart’s US chief merchandising officer stepping down as retailer warns of tough year
By Ramishah Maruf, CNN Walmart’s chief merchandising officer for its US operations is stepping down from the job as the retailer faces a…
Continue Reading Yellen on how the US can bring down inflation while maintaining a strong job market
By Alicia Wallace, CNN Last month’s upheaval within the banking sector hasn’t pushed America off course from achieving a soft landing,…
Continue Reading Yellen on how the US can bring down inflation while maintaining a strong job market
By Alicia Wallace, CNN Last month’s upheaval within the banking sector hasn’t pushed America off course from achieving a soft landing,…
Continue Reading Why European stocks are crushing US peers
By Julia Horowitz, CNN For years, global investors preferred American stocks to European ones. But at a time of change in financial markets, favor is…
Continue Reading David’s Bridal laying off over 9,000 workers
By Parija Kavilanz, CNN David’s Bridal, one of largest sellers of wedding gowns in the United States, is laying off thousands of workers…
Continue Reading Yellen to CNN: Despite banking crisis, soft landing still possible
By Alicia Wallace, CNN Last month’s upheaval within the banking sector hasn’t pushed America off course from achieving a soft landing, US…
Continue Reading Christine Lagarde says she has ‘huge confidence’ that the US won’t default on its own debt
By Ramishah Maruf, CNN Christine Lagarde, president of the European Central Bank, said she has “huge confidence” the US will not allow…
Continue Reading Russian court fines Wikipedia owner for article related to Ukraine invasion
By Anna Chernova and Olesya Dmitracova, CNN A Moscow court has fined the Wikimedia Foundation for refusing to remove an article on Russian-language…
Continue Reading The American consumer has bad news for the economy
By Nicole Goodkind, CNN The strength of the US economy rests on the shoulders of consumers. If people are spending money, companies keep employees in…
Continue Reading Still haven’t filed your taxes? Here’s what you need to know
By Jeanne Sahadi, CNN So far this tax season, the IRS has received more than 100 million income tax returns for 2022. That means tens of millions of…
Continue Reading Retail spending fell in March as consumers pull back
Bryan Mena, CNN Spending at US retailers fell in March as consumers pulled back after the banking crisis fueled recession fears. Retail sales, which…
Continue Reading Walmart is offloading this trendy menswear brand at a steep loss
By Jordan Valinsky, CNN Clothes sometimes sell for a steep discount at Bonobos. Thursday night, the company itself sold for a loss. Walmart has…
Continue Reading Russia’s oil exports are back to pre-war levels
By Anna Cooban, CNN Russia’s oil exports have bounced back to levels last seen before it invaded Ukraine, despite a barrage of Western…
Continue Reading Boeing discovers new issue with 737 Max jets but says they can continue flying
By Greg Wallace and Jordan Valinsky, CNN Boeing said it has discovered a manufacturing issue with some 737 Max aircraft, although it insisted the…
Continue Reading JPMorgan Chase reports record revenue
By Krystal Hur and Nicole Goodkind, CNN JPMorgan Chase on Friday reported first-quarter profit and revenue that roundly beat expectations. The New…
Continue Reading The American consumer has bad news for the economy
By Nicole Goodkind, CNN The strength of the US economy rests on the shoulders of consumers. If people are spending money, companies keep employees in…
Continue Reading Some of England’s trainee doctors are paid less than fast-food workers. They’ve had enough
By Anna Cooban, CNN Tens of thousands of England’s trainee doctors have gone on strike this week over pay. For many, hourly pay falls below…
Continue Reading Analysis: Fox News is about to enter the true No Spin Zone
By Oliver Darcy, CNN This is it. The media defamation trial of the century is on the precipice of kicking off in Wilmington, Delaware, in just days.…
Continue Reading Tibetan leader defends Dalai Lama after ‘suck my tongue’ request to boy
By Rhea Mogul, CNN The head of the Tibetan government-in-exile has defended the Dalai Lama over a video in which the spiritual leader kisses a child…
Continue Reading Ex-producer escalates lawsuit, claiming Fox News lawyers deleted messages from her phone
By Marshall Cohen, CNN A former Fox News producer who claims the right-wing network pressured her to give false testimony escalated her own lawsuit…
Continue Reading Silicon Valley Bank collapse renews calls to address disparities impacting entrepreneurs of color
By Jalen Brown and Scarlette Whyte When customers at Silicon Valley Bank rushed to withdraw billions of dollars last month, venture capitalist Arlan…
Continue Reading Still haven’t filed your taxes? Here’s what you need to know
By Jeanne Sahadi, CNN So far this tax season, the IRS has received more than 100 million income tax returns for 2022. That means tens of millions of…
Continue Reading Deal close for Washington Commanders football team
By Matt Egan A group that is led by Wall Street billionaire Josh Harris and includes NBA legend Magic Johnson is nearing a deal to buy the…
Continue Reading The cream-cheese-stuffed bagel is here
By Danielle Wiener-Bronner, CNN In the 1990s, Pizza Hut unveiled an important cheese-in-bread innovation, the stuffed crust pizza. Now, Philadelphia…
Continue Reading So this is how the Tupperware party ends
By Parija Kavilanz, CNN Tupperware, an iconic brand that’s woven into the fabric of post World War II America, signaled this week that it could…
Continue Reading US wholesale inflation saw dramatic cooldown in March
By Alicia Wallace, CNN US inflation at the wholesale level continued its downward slide in March with annualized price increases sinking dramatically…
Continue Reading US inflation just reached an inflection point
By Nicole Goodkind, CNN After more than a year of soaring prices monopolizing the attention of Wall Street, Main Street, economists, and journalists,…
Continue Reading Delta Air Lines reports record bookings for summer travel
Delta Air Lines reported record advanced bookings for this coming summer, a further sign that the US airline industry is putting the pandemic-caused…
Continue Reading Manhattan median rents hit another high in March
By Anna Bahney, CNN Even as rents are cooling in some parts of the country, it has never cost more to rent a Manhattan apartment as it did in March.…
Continue Reading This investor can spot market bubbles. Now he’s warning of an ‘ominous’ bust
By Julia Horowitz, CNN Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008. Now, the famous investor…
Continue Reading Mortgage rates drop for fifth week in a row
By Anna Bahney, CNN Homebuyers are embracing mortgage rates dipping closer and closer to 6%. Rates fell for the fifth week in a row as inflation…
Continue Reading Jury selection begins in historic Dominion defamation trial against Fox News
By Marshall Cohen, CNN Jury selection began Thursday in Dominion Voting Systems’ $1.6 billion defamation trial against Fox News over the…
Continue Reading Delta Air Lines reports record bookings for summer travel
By Chris Isidore, CNN Delta Air Lines reported record advanced bookings for this coming summer, a further sign that the US airline industry is…
Continue Reading Birkin bag maker sees pickup in US demand for its pricey products
By Anna Cooban, CNN Uber-luxury brand Hermès, best known for its coveted Birkin handbag, reported a double-digit jump in sales as high-income…
Continue Reading Jury selection begins in historic Dominion defamation trial against Fox News
By Marshall Cohen, CNN Jury selection began Thursday in Dominion Voting Systems’ $1.6 billion defamation trial against Fox News over the…
Continue Reading Vox Media announces new hosts of iconic Code Conference after Kara Swisher’s departure
By Oliver Darcy, CNN Vox Media is gearing up for its first Code Conference without Kara Swisher at the helm. The invite-only event, which attracts…
Continue Reading JPMorgan executives knew about sex abuse claims against then-client Jeffery Epstein, court filing alleges
By Lauren del Valle, CNN A new court filing alleges JPMorgan Chase executives were aware of sex abuse and trafficking allegations against its…
Continue Reading Fox News apologizes to judge for ‘misunderstanding’ over Rupert Murdoch’s role that sparked investigation
By Marshall Cohen, CNN Fox News formally apologized to the judge in the Dominion defamation case, taking responsibility for the…
Continue Reading Fox News-Dominion trial abruptly delayed on eve of opening statements
By Oliver Darcy and Marshall Cohen, CNN Dominion Voting Systems’ high-stakes defamation trial against Fox News, which was supposed to begin…
Continue Reading JPMorgan ends remote work for senior bankers
By Allison Morrow, CNN America’s largest bank is ending pandemic-era hybrid work for its senior staff. “Our leaders play a critical role…
Continue Reading Why Walmart is closing half its stores in Chicago
By Nathaniel Meyersohn, CNN Walmart plans to close half its stores in Chicago, a reversal of the retail giant’s high-profile commitment in 2020…
Continue Reading Food prices ease for the first time since 2020. Here’s what’s getting cheaper
By Danielle Wiener-Bronner, CNN Grocery prices finally dipped in March, falling for the first time since September 2020, according to data released…
Continue Reading Amazon will charge customers a fee for some UPS returns
By Nathaniel Meyersohn, CNN Amazon is attempting new measures to get customers to return fewer of their online orders, including charging a fee to…
Continue Reading How to avoid the next crisis? Banks may have to hold more cash
By Anna Cooban, CNN Regulators must learn “important lessons” from this year’s banking turmoil, the world’s top financial…
Continue Reading Inflation hits the mailbox: Postage stamp prices are rising, again
By Nathaniel Meyersohn, CNN Stamp prices are set to tick up. The US Postal Service said Monday that it filed a notice with its regulators to increase…
Continue Reading The banking crisis will tilt US into recession, say Fed economists
By Bryan Mena and Nicole Goodkind, CNN The fallout from the recent banking crisis is likely to push the US economy into a mild recession later this…
Continue Reading US government’s proposal to boost EV sales is challenging but not impossible
By Peter Valdes-Dapena, CNN Business The US government is planning to change auto emissions standards in a way that means automakers would need to…
Continue Reading US government’s proposal to boost EV sales is challenging but not impossible
By Peter Valdes-Dapena, CNN Business The US government is planning to change auto emissions standards in a way that means automakers would need to…
Continue Reading Bud Light’s inclusive ad campaigns are good for business, experts say
By Danielle Wiener-Bronner, CNN Company X introduces marketing campaign that touches on Y, a cultural issue some people oppose. Group Z lashes out on…
Continue Reading Warner Bros. Discovery unveils super-streamer ‘Max’
By Oliver Darcy, CNN Business Warner Bros. Discovery on Wednesday unveiled “Max,” its high-stakes super-streamer that unites some of the…
Continue Reading Judge in Dominion case sanctions Fox for withholding evidence, plans to appoint special master to probe possible misconduct
By Marshall Cohen The judge overseeing Dominion Voting Systems‘ massive defamation case against Fox News said Wednesday that he plans to…
Continue Reading Anheuser-Busch loses top LGBTQ+ rating over its Bud Light response
By Danielle Wiener-Bronner, CNN New York (CNN) — Last year, the Human Rights Campaign Foundation gave Bud Light parent company Anheuser-Busch a…
Continue Reading Brainard: US banking system is ‘sound’ and ‘stable’
By Alicia Wallace, CNN The broader US banking system remains sound and stable, but the two regional banks that failed were “poorly…
Continue Reading Warren Buffett wants harsher penalties for top leaders of failed banks
By Chris Isidore, CNN Billionaire investor Warren Buffett isn’t worried about the state of the US banking industry — but he would like to see…
Continue Reading Investors are watching guidance this earnings season, but might not like what they see
By Krystal Hur, CNN Corporate guidance statements will be front and center as earnings season kicks off, with investors trying to gauge the…
Continue Reading Juul to pay $462 million to six states in its largest settlement ever
By Jordan Valinsky, CNN Business Juul Labs, the e-cigarette maker, is paying $462 million to six US states and DC in the largest multi-state…
Continue Reading US inflation falls to lowest level since May 2021
By Alicia Wallace, CNN Prices are moving in a more palatable direction for US consumers. Annual inflation, as measured by the Consumer Price Index,…
Continue Reading Why Walmart is closing half its stores in Chicago
By Nathaniel Meyersohn, CNN Walmart plans to close half its stores in Chicago, a reversal of the retail giant’s high-profile commitment in 2020…
Continue Reading Main Street investors bet on comeback for regional banks
By Nicole Goodkind, CNN Forget the banking crisis — Main Street’s retail investors have barreled into embattled bank stocks. It looks like…
Continue Reading Tucker Carlson raged against Trump in private. But in interview with the former president he took a very different tone
By Oliver Darcy, CNN Tucker Carlson plays a straight-shooter on television. From his prime time perch on Fox News, Carlson portrays himself to his…
Continue Reading Fed official: Central bank should be ‘cautious’ in wake of banking turmoil
By Alicia Wallace, CNN The banking crisis could help the Federal Reserve’s fight to bring down inflation, but the central bank needs to be…
Continue Reading Fed official: Central bank should be ‘cautious’ in wake of banking turmoil
By Alicia Wallace, CNN The banking crisis could help the Federal Reserve’s fight to bring down inflation, but the central bank needs to be…
Continue Reading Leon Levine, discount store pioneer, dies at 85
By Nathaniel Meyersohn, CNN Leon Levine, who built Family Dollar into a discount retail giant catering to America’s lower-income and…
Continue Reading The most-wanted clothing brands at resale are probably hanging in your closet
By Parija Kavilanz, CNN Louis Vuitton, Chanel, Gucci, step aside. Resale clothing shoppers are bypassing previously-owned luxury brands at discounted…
Continue Reading Judge rules Dominion can’t bring up January 6 at Fox News defamation trial, scolds Fox attorneys over Rupert Murdoch’s role
By Marshall Cohen Dominion Voting Systems can’t bring up the January 6 insurrection during its upcoming defamation trial against Fox News, a…
Continue Reading Yellen: ‘Not anticipating a downturn’ in the US economy
By Alicia Wallace, CNN US Treasury Secretary Janet Yellen said she believes the American economy remains strong and its banking system is resilient…
Continue Reading See the Chipotle of the future
By Jordan Valinsky, CNN The distinctive gas grills in Chipotle restaurants might be a thing of the past. On Tuesday, the fast casual Mexican chain…
Continue Reading Wall Street has found something else to worry about
By Nicole Goodkind, CNN Business Persistent inflation remains the Federal Reserve’s No. 1 concern, even as the banking sector remains on edge…
Continue Reading Shares in Regal Cinemas’ owner hit all-time low
By Anna Cooban, CNN Cineworld’s stock plummeted 36% Tuesday afternoon to an all-time low after the company said it had filed a plan to…
Continue Reading IMF: Banking crisis boosts risks and dims outlook for world economy
By Julia Horowitz, CNN At the start of the year, economists and corporate leaders expressed optimism that global economic growth might not slow down…
Continue Reading Hollywood writers hold strike vote Tuesday
By Vanessa Yurkevich, CNN The Writers Guild of America is set to hold a strike authorization vote on Tuesday. If it passes, which it is expected to,…
Continue Reading Whole Foods closes San Francisco flagship store after one year, citing worker safety
By Jordan Valinsky, CNN An enormous Whole Foods in downtown San Francisco that opened just last year is temporarily closing. The company said…
Continue Reading Whole Foods closes San Francisco flagship store after one year, citing worker safety
By Jordan Valinsky, CNN An enormous Whole Foods in downtown San Francisco that opened just last year is temporarily closing. The company said…
Continue Reading Head of top UK business lobby fired over misconduct claims
By Duarte Mendonca and Olesya Dmitracova, CNN The head of the most influential business lobby in the United Kingdom has been fired following a probe…
Continue Reading Juul settles lawsuit with West Virginia for $7.9 million
By Ramishah Maruf, CNN West Virginia has settled a lawsuit with e-cigarette maker Juul Labs for a total of $7.9 million, the state’s attorney…
Continue Reading Consumers feel credit is getting harder to come by, Fed survey shows
By Alicia Wallace, CNN US consumers are starting to feel that credit is getting harder to come by, according to survey results released Monday by the…
Continue Reading Lawmakers seek details on ‘unusually cozy’ ties between tech executives and SVB
By Allison Morrow, CNN Democratic lawmakers sent letters to 14 of the largest depositors at Silicon Valley Bank, seeking details about the…
Continue Reading How long should you support your adult children? Parents — and their kids — weigh in
By Jeanne Sahadi, CNN Parents invest so much of themselves, emotionally and financially, in raising their children — but the time comes when a…
Continue Reading What markets are watching after digesting the US jobs data
By Nicole Goodkind, CNN In an unusual coincidence, the US jobs report was released on a holiday Friday — meaning stock markets were closed when the…
Continue Reading Tupperware stock plunges after warning it could go out of business
By Jordan Valinsky, CNN Tupperware shares fell nearly 50% Monday following a bleak warning that its future is looking murky. In a regulatory filing…
Continue Reading Wall Street says bad news is no longer good news. Here’s why
By Krystal Hur, CNN There’s been a seismic shift in investor perspective: Bad news is no longer good news. For the past year, Wall Street has…
Continue Reading Tupperware stock plunges after warning it could go out of business
By Jordan Valinsky, CNN Tupperware shares fell nearly 50% Monday following a bleak warning that its future is looking murky. In a regulatory filing…
Continue Reading Fox News reaches settlement with Venezuelan businessman in election defamation case
By Oliver Darcy, CNN Fox News has settled a defamation lawsuit from a Venezuelan businessman who had accused the network of making false claims about…
Continue Reading Sky News Australia quits TikTok, says security risks ‘too great’ for media
By Hilary Whiteman, CNN Australian broadcaster Sky News has left TikTok because of security concerns that have led several Western governments to ban…
Continue Reading Sky News Australia quits TikTok, says security risks ‘too great’ for media
By Hilary Whiteman, CNN Australian broadcaster Sky News has left TikTok because of security concerns that have led several Western governments to ban…
Continue Reading Dalai Lama apologizes after video asking child to ‘suck’ his tongue sparks outcry
By Manveena Suri, Rhea Mogul and Tenzin Dharpo, CNN The Dalai Lama has apologized after a video emerged showing the spiritual leader kissing a child…
Continue Reading Dalai Lama apologizes after video asking child to ‘suck’ his tongue sparks outcry
By Manveena Suri and Rhea Mogul, CNN The Dalai Lama has apologized after a video emerged showing the spiritual leader kissing a child on the lips and…
Continue Reading India’s endangered tiger population is rebounding in triumph for conservationists
By Jessie Yeung, CNN Tigers once roamed across Asia, their numbers as high as 100,000 at the start of the 20th century, before the species plummeted…
Continue Reading Fox News reaches settlement with Venezuelan businessman in election defamation case
By Oliver Darcy, CNN Fox News has settled a defamation lawsuit from a Venezuelan businessman who had accused the network of making false claims about…
Continue Reading Fox News reaches settlement with Venezuelan businessman in election defamation case
By Oliver Darcy, CNN Fox News has settled a defamation lawsuit from a Venezuelan businessman who had accused the network of making false claims about…
Continue Reading Tesla is opening a Megafactory in China
By Ramishah Maruf, CNN Tesla is opening a Megafactory in Shanghai, the electric car manufacturer announced on Twitter Sunday. The factory will be…
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