Home sales continued to drop in November
By Anna Bahney, CNN Business Home sales in the United States declined for the 10th month in a row in November as surging mortgage rates topped 7% and…
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By Anna Bahney, CNN Business Home sales in the United States declined for the 10th month in a row in November as surging mortgage rates topped 7% and…
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By Alicia Wallace, CNN American consumers’ confidence in the US economy grew in December as high inflation continued to ease, according to data…
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By Kara Scannell, Patrick Oppmann and Allison Morrow, CNN Sam Bankman-Fried will be extradited to the United States Wednesday night, Bahamas Attorney…
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By Jordan Valinsky, CNN Business Walmart said it has reached settlement agreements with all 50 US states as part of a $3.1 billion nationwide opioid…
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By Paul R. La Monica, CNN Here comes the Santa Claus market rally. Stocks surged Wednesday as investors cheered healthy results from two of…
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By Matt Egan, CNN The Federal Reserve’s super-sized interest rates are not scaring most companies into cutting back on spending, according to a…
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By Jeanne Sahadi, Katie Lobosco and David Goldman, CNN It will take time for lawmakers and the public to digest the trove of documents relating to…
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By Jeanne Sahadi, Katie Lobosco and David Goldman, CNN It will take time for lawmakers and the public to digest the trove of documents relating to…
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By Anna Cooban, CNN The United Kingdom is one step closer to conducting its first ever satellite launch from its own shores. The UK Civil Aviation…
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By Nicole Goodkind, CNN Wall Street just received a big lump of Christmas coal. A surprise announcement from the Bank of Japan sent investors…
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By Laura He, CNN Xiaomi, one of the world’s largest smartphone makers, has begun layoffs in China at a time when the world’s second…
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By Laura He, Jennie Chen and Eric Cheung, CNN An unprecedented wave of Covid infections in China has triggered widespread drug shortages, as people…
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By Diksha Madhok A photo gallery by Argentine footballer Lionel Messi has become the most-liked Instagram post ever. The images, which show Messi and…
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By David Goldman, CNN In an interview with CNN’s Jake Tapper Tuesday, a TikTok executive refused multiple times to acknowledge China’s…
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By David Goldman, CNN In an interview with CNN’s Jake Tapper Tuesday, a TikTok executive refused multiple times to acknowledge China’s…
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By Nathaniel Meyersohn, CNN Nike’s stock jumped around 11% after the company beat analyst forecasts during its latest quarter. The…
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By Paul R. La Monica, CNN Disney, like most media companies, had a rough year. But one Wall Street analyst has an idea for how Disney could get back…
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By Jeanne Sahadi, CNN Business There will soon be new retirement rules in place that will make it easier for Americans to accumulate retirement…
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By Matt Egan, CNN One of Wall Street’s top executives is worried about a repeat of 2008. At least, partially. Mike Wilson, Morgan’s…
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By Jack Guy, CNN Business A group of British lawmakers are calling for action to be taken against columnist Jeremy Clarkson after he wrote a…
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By Nicole Goodkind, CNN It’s been a rollercoaster year for stocks. The S&P 500 is down more than 20% year-to-date and 2022 is likely to…
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By Lauren Kent, CNN Business The first images of banknotes featuring Britain’s King Charles III were unveiled on Tuesday by the Bank of…
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By Jordan Valinsky, CNN Business 3M, the conglomerate behind Post-It notes and Scotch tape, will stop making controversial per- and polyfluoroalkyl…
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By Anna Bahney, CNN Business Home building pulled back in November, as buyers faced spiking mortgage rates topping 7% that make homes increasingly…
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By Ella Nilsen and Peter Valdes-Dapena, CNN The Biden administration on Tuesday finalized tougher pollution standards for heavy-duty vehicles like…
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By Matt Egan, CNN Federal regulators fined Wells Fargo a record $1.7 billion on Tuesday for “widespread mismanagement” over multiple…
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By Rob McLean, CNN British Airways flights from the United States were delayed Monday night due to technical difficulties. “Our flights due to…
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By Matt Egan Elon Musk’s management of Twitter, including the banning of multiple journalists, has “severely damaged” market…
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By Kara Scannell, Patrick Oppmann and Allison Morrow, CNN FTX founder Sam Bankman-Fried agreed to be extradited to the United States, where federal…
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By Anna Cooban and Hanna Ziady, CNN Europe has agreed to a cap on natural gas prices, following months of debate over whether the measure will…
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By Matt Egan, CNN Business The great gasoline spike of 2022 has completely unwound, giving consumers a major boost after a year of high inflation.…
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By Paul R. La Monica, CNN Mortgage rates have ticked down recently, but are still up dramatically from a year ago thanks to the surge in long-term…
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By Nathaniel Meyersohn, CNN A new checkout trend is sweeping across America, making for an increasingly awkward experience: digital tip jars. You…
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By Zoe Sottile, CNN Just in time for the holidays, artist collective MSCHF is releasing its newest playful art piece: a giant, 930-calorie, $19.99…
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By Parija Kavilanz, CNN Stores are drowning in a glut of merchandise this holiday season, keeping the discounts fast and furious in the runup to…
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By Matt Egan, CNN Senator Elizabeth Warren is raising concerns about conflicts of interest and potential legal violations for Tesla following Elon…
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By Jeanne Sahadi, CNN Let’s be honest: Saving and investing may be necessary, but they often can feel like a chore. Both become a lot more…
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By Matt Egan, CNN Senator Elizabeth Warren is raising concerns about conflicts of interest and potential legal violations for Tesla following Elon…
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By Hanna Ziady, CNN European Union governments have reached a deal on the world’s first major carbon border tax, as part of an overhaul of the…
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By Jordan Valinsky, CNN Business Fans of Lionel Messi looking to scoop up his official Argentina jersey following the soccer star’s first-ever…
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By Nicole Goodkind, CNN As the year comes to a close, it seems that the market’s focus on inflation rates are shifting to a new area of…
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By Laura He, CNN Beijing has vowed to go all out next year to save its Covid-hit economy by boosting consumption and loosening control over private…
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By Katie Polglase and Gianluca Mezzofiore, CNN In between being blindfolded, locked in solitary confinement, and interrogated in a wheelchair while…
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By Katie Polglase and Gianluca Mezzofiore, CNN In between being blindfolded, locked in solitary confinement, and interrogated in a wheelchair while…
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By Alicia Wallace, CNN The trend is clear: Inflation is cooling off in America. The Federal Reserve’s preferred measurement of inflation showed…
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By Allison Morrow, CNN When Sam Bankman-Fried bought a nearly 7.6% stake in Robinhood, the popular stock-trading app, earlier this year, he financed…
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By Kara Scannell, CNN Former FTX CEO Sam Bankman-Fried is expected to appear in a Bahamas court on Monday to reverse his decision to contest…
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By Ramishah Maruf, CNN The highly anticipated “Avatar: The Way of Water” took in $134 million at the US box office, giving director James…
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By Oliver Darcy New Twitter owner Elon Musk offered several of the journalists he banned from the social media website earlier this week the ability…
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By Oliver Darcy New Twitter owner Elon Musk offered several of the journalists he banned from the social media website earlier this week the ability…
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By Danielle Wiener-Bronner, CNN High lettuce costs are coming for Olive Garden’s never-ending salad. Darden Restaurants, which owns the casual…
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By Anna Bahney, CNN The Federal Reserve hiked its benchmark lending rate this week for the seventh time this year, capping a year of intense pressure…
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By Jon Sarlin, CNN Donald Trump’s entrance into the NFT world came at the worst possible moment. The former president’s hyped-up…
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By Jon Sarlin, CNN Donald Trump’s entrance into the NFT world came at the worst possible moment. The former president’s hyped-up…
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By Matt Egan The Biden administration announced plans Friday to provide nearly 2 million barrels of oil to refineries through an emergency exchange…
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By Matt Egan The plunge in gasoline prices hit another milestone on Friday, with the national average sinking to the lowest level since September…
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By Matt Egan The plunge in gasoline prices hit another milestone on Friday, with the national average sinking to the lowest level since September…
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By Danielle Wiener-Bronner, CNN While a debate unfolds online about Starbucks‘ new credit and debit card tipping option, some workers are…
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By CNN Staff Egypt has dug itself a massive hole of debt. On Friday, the International Monetary Fund (IMF) will extend a $3 billion loan to the…
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By Oliver Darcy, CNN Elon Musk is no free speech warrior. The thin-skinned new Twitter owner on Thursday banned the accounts of several high-profile…
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By Chris Isidore, CNN Business About 100 Starbucks stores across America will be on strike for the next three days, as the union attempts to turn up…
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By Nicole Goodkind, CNN Weaker-than-expected retail sales in November pummeled market sentiment on Thursday and raised the odds that the Federal…
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By Ramishah Maruf, CNN The highly anticipated “Avatar: The Way of Water” took in $134 million at the US box office, giving director James…
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By Laura He and Cheng Cheng, CNN James Cameron’s “Avatar: The Way of Water” has premiered in China, 13 years after the original…
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By Oliver Darcy New Twitter owner Elon Musk offered several of the journalists he banned from the social media website earlier this week the ability…
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By Laura He, CNN US regulators have gained full access to the audits of Chinese companies for the first time, reducing the threat that tech giants…
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By David Culver and Nicole Barron At 26, Ixchel Hernandez has become the defender and protector of her family’s modest apartment. In the two…
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By Chris Isidore, CNN Are college athletes employees? In a potentially game-changing move, the National Labor Relations Board’s regional office…
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By Oliver Darcy, CNN Twitter on Thursday evening banned the accounts of several high-profile journalists from top news organizations without…
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By Oliver Darcy, CNN Business Twitter on Thursday evening banned the accounts of several high-profile journalists from the nation’s top news…
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By Alicia Wallace, CNN Last year, bonuses were bountiful. This year, economic uncertainty is bringing a chill to the holiday-season perk, according…
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By Vanessa Yurkevich, CNN A typical morning at the Schnitzler household starts with David and Allison feeding their 17-month-old Winston. Allison,…
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By Jordan Valinsky, CNN Business Taco Bell is spinning up new varieties of its popular Mexican Pizza. The chain revealed that it’s testing two…
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By Anna Bahney, CNN Mortgage rates fell once again this week, dipping for the fifth straight week. The 30-year fixed-rate mortgage averaged 6.31% in…
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By Oliver Darcy, CNN Business Staffers at The Washington Post are livid at publisher Fred Ryan. That’s according to conversations I had on…
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By Oliver Darcy, CNN Business Staffers at The Washington Post are livid at publisher Fred Ryan. That’s according to conversations I had on…
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By Alicia Wallace, CNN The number of first-time claims for unemployment benefits fell to 211,000 for the week ended December 10, according to data…
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By Paul R. La Monica, CNN Christmas is just 10 days away, and investors hoping for a Santa Claus rally have found little holiday cheer on Wall Street…
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By Alicia Wallace, CNN The number of first-time claims for unemployment benefits fell to 211,000 for the week ended December 10, according to data…
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By Alicia Wallace, CNN Black Friday may have been back in fashion this year, but the strong turnout at the start of the holiday shopping season last…
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By Julia Horowitz, CNN Central banks in Europe on Thursday joined the US Federal Reserve in slowing down the pace of interest rate hikes as…
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By Chris Isidore, CNN Business Elon Musk just sold another 22 million shares of Tesla, raising $3.6 billion. Musk sold the shares on Monday, Tuesday…
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By Paul R. La Monica, CNN Investors around the world have been trying to adjust their portfolios to contend with big interest rate hikes from the…
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By Angus Watson, CNN Australia’s parliament passed a new law Thursday capping its domestic gas price and some states’ coal prices, a move…
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By Laura He, CNN The end of pandemic restrictions in China will eventually usher in a strong economic rebound as the country learns to live with the…
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By Rob Picheta, CNN Nurses across much of the UK launched a historic strike on Thursday, as they walked out of hospitals and onto picket lines after…
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By Brian Fung, CNN Two Democratic lawmakers on Wednesday urged Meta to maintain Donald Trump’s suspension from its platforms when it revisits…
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By Danielle Wiener-Bronner, CNN Taco Bell knows you want fries with that. Especially during lunch. To compete with rivals such as McDonald’s…
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By Chris Isidore and Vanessa Yurkevich, CNN When a freight train travels across the country, two people are in the cab of the locomotive working to…
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By Chris Isidore and Vanessa Yurkevich, CNN When a freight train travels across the country, two people are in the cab of the locomotive working to…
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By Anna Bahney, CNN Business New home sales were up in November from the month before, even as prices remained elevated and buyers faced some of the…
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By Jeanne Sahadi, CNN In its last policymaking meeting of the year, the Federal Reserve on Wednesday raised its benchmark interest rate for the…
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By Allison Morrow, CNN Sam Bankman-Fried’s multibillion-dollar crypto empire was run primarily by “grossly inexperienced and…
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By Oliver Darcy, CNN The Washington Post will conduct layoffs in the coming year as it reorients itself for the future and reinvests in other areas,…
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By Parija Kavilanz, CNN It happens every year — the mad dash to ship holiday gifts to get them to loved ones on time. And it bears repeating,…
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By Nicole Goodkind, CNN It’s been a harrowing year for markets and investors are tired. Months of sky-rocketing inflation and interest rates,…
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By Hanna Ziady, CNN Bernard Arnault, the chairman of French luxury goods giant LVMH, has just become the first European to top Bloomberg’s list…
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By Julia Horowitz, CNN An electric scooter service just became the only company to pull off an initial public offering in Russia this year. Whoosh,…
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By Matt Egan, CNN As federal prosecutors seek to imprison former crypto darling Sam Bankman-Fried, Sen. Elizabeth Warren is attempting to push…
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By Laura He and Jennie Chen, CNN An unprecedented wave of Covid cases in China has sparked panic buying of fever medicines, pain killers, and even…
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