Judge may force Rupert Murdoch to testify in Dominion defamation case
By Marshall Cohen, CNN The judge in the Dominion Voting Systems’ defamation case against Fox News signaled his interest Wednesday in the duty…
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By Marshall Cohen, CNN The judge in the Dominion Voting Systems’ defamation case against Fox News signaled his interest Wednesday in the duty…
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By Matt Egan, CNN Senator Elizabeth Warren is cranking up the pressure on the Federal Reserve following the collapse of Silicon Valley Bank. In a new…
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By Matt Egan, CNN Senator Elizabeth Warren is cranking up the pressure on the Federal Reserve following the collapse of Silicon Valley Bank. In a new…
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By Nicole Goodkind, CNN Federal Reserve officials have a difficult path ahead of them. They still have work to do to bring inflation down, but their…
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By Rhea Mogul, CNN A colossal police hunt for a Sikh separatist who has revived calls for an independent homeland in India’s Punjab state has…
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By Juliana Liu, CNN Asia Pacific shares opened higher on Wednesday, tracking US gains, as investors awaited the US Federal Reserve’s next…
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By Michelle Toh, CNN Dozens of American companies are in Vietnam this week in hopes of pushing further into the fast-growing Southeast Asian economy,…
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By Matt Egan, CNN Nearly two years of high inflation has caused many consumers to say goodbye to premium goods in favor of cheaper alternatives. New…
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By Anna Bahney, CNN The median price of a US home was lower this February than it was in February 2022, ending more than a decade of year-over-year…
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By Matt Egan, CNN NBA legend Magic Johnson has joined a bid to acquire the NFL’s Washington Commanders from embattled owner Daniel Snyder. A…
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By Michelle Toh and Anna Cooban, CNN Stocks around the world rose Tuesday as concerns about the global banking sector eased in response to a…
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By Oliver Darcy, CNN A Fox News producer on Monday filed a pair of explosive lawsuits against the right-wing talk channel, alleging that the…
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By Matt Egan, CNN JPMorgan Chase’s investment bank has been hired to advise First Republic as the embattled regional bank tries to ease…
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By Anna Cooban, CNN Hats, bags and gold bars emblazoned with Credit Suisse’s logo are being sold on resale sites, having popped up mere hours…
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By Marshall Cohen Lawyers for Dominion Voting Systems argued Tuesday that its defamation case against Fox News is so strong that a trial isn’t…
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By Matt Egan, CNN The federal government could once again come to the rescue of uninsured bank depositors if smaller lenders suffer bank runs like…
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By Nicole Goodkind, CNN The Federal Reserve has a lot of balls in the air: Central bank officials are attempting to juggle their economic goals of…
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By Nathaniel Meyersohn, CNN Bed Bath & Beyond is stripping down its big blue signs, clearing out aisles of linens and closing 400 stores as it…
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By Oliver Darcy, CNN A Fox News producer on Monday filed a pair of explosive lawsuits against the right-wing talk channel, alleging that the…
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By Michelle Toh and Anna Cooban, CNN Stocks around the world rose Tuesday as concerns about the global banking sector eased in response to a…
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By Mitchell McCluskey and Rhea Mogul, CNN Sri Lanka on Monday secured a much-anticipated loan of about $3 billion from the International Monetary…
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By Oliver Darcy, CNN Hollywood is holding its breath. The Writers Guild of America commenced high-stakes negotiations with studios on Monday over a…
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By Peter Valdes-Dapena, CNN With Dodge’s legendary V8-powered muscle cars going out of production at year-end, engineers wanted the last…
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By Parija Kavilanz, CNN Foot Locker is planning to shut 400 stores by 2026 as it strives to become more relevant to younger shoppers by relaunching…
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By Allison Morrow, CNN First Republic’s stock fell 47% to a record low Monday, as the bank struggled to persuade Wall Street it could remain…
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By Toyin Owoseje, CNN Business Billionaire media mogul Rupert Murdoch is preparing to walk down the aisle for the fifth time. The 92-year-old tycoon…
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By Nathaniel Meyersohn, CNN Eggs have gotten too expensive for Dollar Tree. Dollar Tree, which sells most products for $1.25 and a small selection of…
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By Alicia Wallace, CNN As head of PAWS Atlanta, Joe Labriola can get a good sense of the region’s economic well-being from the day-to-day…
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By Ramishah Maruf, CNN In the wake of failures at Silicon Valley Bank and Signature Bank and separate issues at Credit Suisse and First Republic,…
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By Anna Cooban, CNN Investors in a riskier type of Credit Suisse’s bonds had the value of their holdings slashed to zero Sunday after Swiss…
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By Danielle Wiener-Bronner, CNN Starbucks’ new CEO Laxman Narasimhan has taken over the reins from interim CEO Howard Schultz, about two weeks…
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By Nicole Goodkind, CNN It’s difficult to overstate the influence that Silicon Valley Bank had over the startup world and the ripple effect its…
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By Rhea Mogul, CNN Indian authorities have blocked internet access for about 27 million people in the state of Punjab for a fourth straight day…
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By Michelle Toh and Olesya Dmitracova, CNN European markets ticked up Monday but bank stocks were mixed and volatile as investors assessed the…
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By David Goldman, CNN A week after Signature Bank failed, the Federal Deposit Insurance Corporation said it has sold most of its deposits to Flagstar…
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By Heather Chen, Yoonjung Seo and Andrew Raine, CNN Shorter workweeks to boost employee mental health and productivity may be catching on in some…
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By Mark Thompson, CNN The US Federal Reserve and several other major central banks announced a coordinated effort Sunday night to boost the flow of…
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By Anna Cooban, CNN Hats, bags and gold bars emblazoned with Credit Suisse’s logo are being sold on resale sites, having popped up mere hours…
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By Mark Thompson, CNN Switzerland’s biggest bank, UBS, has agreed to buy its ailing rival Credit Suisse in an emergency rescue deal aimed at…
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By Ramishah Maruf, CNN In the wake of failures at Silicon Valley Bank and Signature Bank and separate issues at Credit Suisse and First Republic,…
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By Nicole Goodkind and Krystal Hur, CNN Global banks just suffered their worst week since 2008. So what comes next? The fallout from this…
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By Mark Thompson, CNN The fate of Credit Suisse could be decided in the next 24 hours after a torrid week for Switzerland’s second biggest…
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By Ramishah Maruf, CNN Wall Street can seem bewildering, given its sheer amount of jargon, banking terms, and acronyms. But as concerns mount that…
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Analyss by Allison Morrow, CNN It may seem surprising that First Republic, a midsize bank catering to wealthy clients in coastal states, became such…
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By Mark Thompson, CNN On March 10, the biggest failure of a US bank since the global financial crisis was playing out in real time as a major lender…
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By Matt Egan, CNN JPMorgan Chase’s investment bank has been hired to advise First Republic as the embattled regional bank tries to ease…
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By Jordan Valinsky, CNN On St. Patrick’s Day, it might seem appropriate to knock back a shot of Jameson Irish Whiskey. However, when it comes…
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By Jordan Valinsky, CNN The cost of YouTube TV is going up again — making a monthly subscription 114% more expensive than when the service launched…
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By Jordan Valinsky, CNN Business SVB Financial Group, the company that owned the failed Silicon Valley Bank until the US government took it over last…
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By Allison Morrow, CNN In congressional testimony earlier this month, Fed Chairman Jerome Powell told lawmakers that the central bank would likely…
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By Anna Cooban, CNN Credit Suisse is not out of the woods just yet. Shares in the Swiss lender fell by as much as 12% Friday, erasing most of…
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By Nicole Goodkind, CNN With just a few days to go until the Federal Reserve’s next interest rate decision, US policymakers are sitting between…
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By Laura He, CNN China’s central bank has made a surprise cut to the amount of money that banks must keep in reserve, in an effort to keep…
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By Laura He and Anna Cooban, CNN Markets in Europe and Asia rebounded Friday after First Republic Bank was rescued by a group of major US lenders,…
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By Nicole Goodkind, CNN With just a few days to go until the Federal Reserve’s next interest rate decision, US policymakers are sitting between…
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By Heather Chen, CNN Rapper and entrepreneur Snoop Dogg is expanding his business empire yet again, this time branching out into a line of premium…
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By Jeanne Sahadi, CNN The past two tax-filing seasons were fraught with aggravations, delays, last-minute changes and huge backlogs at the IRS. But…
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By Anna Bahney, CNN Mortgage rates dropped this week in the wake of several bank failures, reversing course after rising half a percentage point over…
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By Nathaniel Meyersohn, CNN Credit Suisse, the 167-year-old bank and the second-largest lender in Switzerland, is in deep trouble. The bank said it…
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By Anna Cooban, CNN Credit Suisse is not out of the woods just yet. Shares in the Swiss lender fell by as much as 12% Friday, erasing most of…
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By Ramishah Maruf, CNN Is my money safe? That’s the question on many bank customers’ minds after the stunning failures of Silicon Valley…
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By Jordan Valinsky, CNN One of Dunkin’s most recognizable drinks has disappeared. The Dunkaccino has quietly been pulled from the coffee…
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By Anna Bahney, CNN US home building jumped higher in February, turning around after five consecutive months of falling. Housing starts, a measure of…
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By Matt Egan, Allison Morrow and David Goldman, CNN First Republic Bank, facing a crisis of confidence from investors and customers, is set to…
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By Nicole Goodkind, CNN As the dust settles around the shocking collapse of Silicon Valley Bank and analysts begin to assess the damage, an important…
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By Hanna Ziady, CNN The European Central Bank stuck with its plan to hike interest rates by half a percentage point Thursday, judging that inflation…
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By Mark Thompson, CNN A scramble by Switzerland’s authorities to shore up confidence in Credit Suisse went some way to calming panicked…
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By Michelle Toh, Danielle Wiener-Bronner and Allison Morrow, CNN The banking meltdown over the past week has left us with more questions than…
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By Laura He and Anna Cooban, CNN European markets breathed a small sigh of relief Thursday as beleaguered lender Credit Suisse accepted a loan from…
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By Jackie Wattles, CNN Virgin Orbit told nearly all of its staff to cease operations until at least next week as the rocket company, founded by…
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By Mark Thompson, CNN The fate of Credit Suisse could be decided in the next 24 hours after a torrid week for Switzerland’s second biggest…
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By Matt Egan, CNN Nervous bank customers have rushed to the safety of big banks in the wake of a pair of high-profile bank failures that have shaken…
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By Anna Bahney, CNN Mortgage rates dropped this week in the wake of several bank failures, reversing course after rising half a percentage point over…
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By Jordan Valinsky, CNN Business Kellogg has picked a name for its new spinoff companies. They sound a lot like their old names, but with a new spin.…
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By Chris Isidore and Matt Egan, CNN Federal regulators are holding an auction for ailing regional bank First Republic, a person familiar with the…
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By Alicia Wallace, CNN Americans pulled back on their spending last month after a surprisingly spendy January. US retail sales fell 0.4% in February…
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By Krystal Hur, CNN The Dow opened the day with a decline of more than 500 points Wednesday as banking fears spread across global markets, though the…
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By Alicia Wallace, CNN Last week, the Federal Reserve’s biggest concern was a stubbornly high inflation rate and how much to crank up monetary…
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By Nicole Goodkind, CNN After Silicon Valley Bank and Signature Bank failed, the US government stepped in with an extraordinary measure to rescue…
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By Alicia Wallace, CNN A key measure of inflation fell dramatically in February, according to the latest Producer Price Index, which tracks what…
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By Michelle Toh, Marc Stewart and Emiko Jozuka, CNN Hogwarts is coming to Tokyo, as Warner Bros. pushes to expand one of the most successful…
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By Matt Egan, CNN First Republic Bank’s credit rating was downgraded on Wednesday by both Fitch Ratings and S&P Global Ratings on concerns…
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By Nathaniel Meyersohn, CNN “Bailout” became a curse word in American politics following the 2008 global financial crisis, fueling…
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By Allison Morrow, CNN Credit Suisse, the giant, 167-year-old European bank, was teetering on the brink of failure Wednesday, stoking anxieties about…
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By Nathaniel Meyersohn, CNN “Bailout” became a curse word in American politics following the 2008 global financial crisis, fueling…
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By Alicia Wallace, CNN Americans pulled back on their spending last month after a surprisingly spendy January. US retail sales fell 0.4% in February…
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By Oliver Darcy, CNN “A challenging period.” That’s how Mark Zuckerberg described in a memo what the near future will be like for…
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By Anna Cooban and Olesya Dmitracova, CNN The UK government will cap energy costs for millions of households for another three months following…
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By Hanna Ziady, CNN UK financial markets were spooked again Wednesday — although, unlike last fall, the turmoil was unrelated to a new government…
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By Mark Thompson and Anna Cooban, CNN Hours after the Swiss central bank said it was ready to provide financial support to Credit Suisse, the…
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By Chris Lau, CNN A Taiwanese museum that houses some of the world’s most precious Chinese artworks has confirmed that up to 100,000…
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By Laura He, CNN China’s economic recovery appears to be on track as it gradually emerges from three years of its strict zero-Covid policy. But…
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By Laura He, CNN China’s economic recovery appears to be on track as it gradually emerges from three years of its strict zero-Covid policy. But…
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By Oliver Darcy, CNN “A challenging period.” That’s how Mark Zuckerberg described in a memo what the near future will be like for…
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By Michelle Toh, Marc Stewart and Emiko Jozuka, CNN Hogwarts is coming to Tokyo, as Warner Bros. pushes to expand one of the most successful…
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CNN examines how the second-largest bank failure in US history could impact other financial institutions and their customers across the US. Watch…
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By Nicole Goodkind, CNN After Silicon Valley Bank and Signature Bank failed, the US government stepped in with an extraordinary measure to rescue…
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By Phil Mattingly, CNN The US Justice Department and Securities and Exchange Commission are opening investigations into the collapse of Silicon…
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By Danielle Wiener-Bronner, CNN Tyson is laying off nearly 1,700 workers as it closes two poultry plants in an effort to boost profits. The company…
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By Danielle Wiener-Bronner, CNN Tyson is laying off nearly 1,700 workers as it closes two poultry plants in an effort to boost profits. The company…
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