Bernard Arnault just became the world’s richest person. So who is he?
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…
Continue ReadingBy Hanna Ziady, CNN Bernard Arnault, the chairman of French luxury goods giant LVMH, has just become the first European to top Bloomberg’s list…
Continue ReadingBy Julia Horowitz, CNN An electric scooter service just became the only company to pull off an initial public offering in Russia this year. Whoosh,…
Continue ReadingBy Matt Egan, CNN As federal prosecutors seek to imprison former crypto darling Sam Bankman-Fried, Sen. Elizabeth Warren is attempting to push…
Continue ReadingBy 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…
Continue ReadingBy 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…
Continue ReadingBy Nicole Goodkind, CNN The Federal Reserve approved a half-point interest rate hike on Wednesday, a smaller increase than in recent months and an…
Continue ReadingBy Michelle Toh, CNN Investors withdrew as much as $3 billion from Binance on Tuesday, according to blockchain analytics firm Nansen, as a deluge of…
Continue ReadingBy Michelle Toh, CNN Investors withdrew as much as $3 billion from Binance on Tuesday, according to blockchain analytics firm Nansen, as a deluge of…
Continue Readingby Gayle Harrington, CNN Netflix’s documentary about Prince Harry and Meghan, Duchess of Sussex, debuted with a total of 81.55 million hours…
Continue Readingby Gayle Harrington, CNN Netflix’s documentary about Prince Harry and Meghan, Duchess of Sussex, debuted with a total of 81.55 million hours…
Continue ReadingBy Hannah Rabinowitz, CNN Federal prosecutors announced a plea deal and $2 billion forfeiture Tuesday with Danske Bank, one of Denmark’s…
Continue ReadingBy Danielle Wiener-Bronner, CNN Once again, food inflation is outpacing overall inflation. In the year through November, food got 10.6% more…
Continue ReadingBy Peter Valdes-Dapena, CNN The Ford F-150 Lightning was named MotorTrend’s 2023 Truck of the Year on Tuesday, making it the second electric…
Continue ReadingBy Matt Egan and Allison Morrow, CNN FTX founder Sam Bankman-Fried was indicted on eight criminal charges including wire fraud and conspiracy by…
Continue ReadingBy Nicole Goodkind, CNN The Federal Reserve is expected to respond to persistently high inflation by hiking interest rates half a point on Wednesday.…
Continue ReadingBy Jordan Valinsky, CNN Business The “other Sears” is in financial turmoil, just like its more famous parent company. Sears Hometown…
Continue ReadingBy Alicia Wallace, CNN Tuesday brought some encouraging news on the stubbornly high prices that have weighed down Americans: Inflation as measured by…
Continue ReadingBy Peter Valdes-Dapena, CNN Business Tesla CEO Elon Musk has said numerous times since 2015 that Tesla cars would be entirely self-driving in two…
Continue ReadingBy Chris Isidore, CNN United Airlines placed a massive order for at least 200 Boeing planes on Tuesday, split between two models dogged by recent…
Continue ReadingBy Danielle Wiener-Bronner, CNN The combination of extreme weather and a disease impacting citrus fruit is expected to drive down Florida’s…
Continue ReadingBy Chris Isidore, CNN United Airlines placed a massive order for at least 200 Boeing planes on Tuesday, split between two models dogged by recent…
Continue ReadingBy Kathleen Magramo and Jake Kwon, CNN Do Kwon, a disgraced tycoon behind the collapse of the TerraUSD and Luna coins that roiled the crypto assets…
Continue ReadingBy Nicole Goodkind, CNN The Federal Reserve is expected to raise interest rates by half a point at the conclusion of its two-day policy meeting on…
Continue ReadingBy Kathleen Magramo, CNN Hong Kong on Tuesday announced it would scrap some remaining restrictions on travelers and end contact tracing, after…
Continue ReadingBy Laura He, CNN China has challenged a move by the United States to block sales of advanced computer chips and chip-making equipment to Chinese…
Continue ReadingBy Allison Morrow, CNN Sam Bankman-Fried, the founder of failed crypto exchange FTX, was arrested in the Bahamas on Monday after US prosecutors filed…
Continue ReadingBy Ramishah Maruf, CNN Millions of angered Taylor Swift fans didn’t receive tickets to the artist’s latest tour after a widely…
Continue ReadingBy Chris Isidore and Vanessa Yurkevich, CNN Railroad workers could get the paid sick days that were at the heart of their threat to go on strike…
Continue ReadingBy Allison Morrow, CNN With his vast crypto empire in ruins, Sam Bankman-Fried is preparing to be grilled by US lawmakers who are demanding answers…
Continue ReadingBy Peter Valdes-Dapena, CNN Business Subaru is recalling 271,694 SUVs because some of them could catch fire. The company is advising owners of some…
Continue ReadingBy Alicia Wallace, CNN The US government recorded a monthly budget deficit of $249 billion in November, a 30% increase from a year earlier amid…
Continue ReadingBy Oliver Darcy, CNN Business “GMA3” co-anchors T.J. Holmes and Amy Robach will “remain off-air pending the completion of an…
Continue ReadingBy Matt Egan, CNN Treasury Secretary Janet Yellen is striking a cautiously optimistic tone about 2023, predicting a major inflation cooldown and…
Continue ReadingBy Paul R. La Monica, CNN The holidays are meant to be the most wonderful time of the year. But for investors, this week just might be the most…
Continue ReadingBy Christine Romans It’s too soon to declare victory over inflation, but from gas to chicken to big-screen TVs, there are, increasingly, signs…
Continue ReadingBy Vedika Sud, Rhea Mogul, Rishabh Pratap and Arpit Goel, CNN At the Bhalswa landfill in northwest Delhi, a steady flow of jeeps zigzag up the trash…
Continue ReadingBy Rachel Ramirez, CNN If you’re looking to replace or upgrade your smartphone in the coming year, take a beat and think it over. Do you really…
Continue ReadingBy Paul R. La Monica, CNN The Federal Reserve is all but guaranteed to announce Wednesday that it will once again raise interest rates. But investors…
Continue ReadingBy Nicole Goodkind, CNN ‘Tis the season for Wall Street strategists to pack their clients’ inboxes with market predictions for 2023. A…
Continue ReadingBy Julia Horowitz, CNN Europe has the energy supplies it needs to make it through the year. But 2023 might be a different story. That’s the…
Continue ReadingBy Oliver Darcy, CNN Business The Wall Street Journal on Monday named Emma Tucker as its next editor-in-chief, marking the first time the Rupert…
Continue ReadingBy Alicia Wallace, CNN Consumers are expecting inflation to improve in the coming months, according to new survey data from the Federal Reserve Bank…
Continue ReadingBy 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…
Continue ReadingBy Jordan Valinsky, CNN Business Elon Musk joined Dave Chappelle on stage Sunday in San Francisco, home of Twitter’s headquarters where the…
Continue ReadingBy Anna Cooban, CNN Nurses in the United Kingdom have reached breaking point. As many as 100,000 members of the Royal College of Nursing will walk…
Continue ReadingBy Gabe Cohen, CNN Anya Remy is Christmas shopping for her family on a stricter budget than ever before. Remy, a human resources professional in…
Continue ReadingBy Julia Horowitz, CNN Rivian said Monday it would no longer pursue a deal with Mercedes to build electric vans for businesses in Europe. In a…
Continue ReadingBy Michelle Watson, CNN Dorothy Pitman Hughes, the co-founder of one of the most prominent feminist magazines, has died, according to a funeral home…
Continue ReadingBy Ramishah Maruf, CNN Stellantis is shuttering its Illinois plant in February resulting in indefinite layoffs for 1,350 employees, the company said…
Continue ReadingBy Chris Isidore, CNN The fact that a freight railroad strike didn’t start on Friday is a huge win for the US economy and its still struggling…
Continue ReadingBy Vedika Sud, Rhea Mogul, Rishabh Pratap and Arpit Goel, CNN At the Bhalswa landfill in northwest Delhi, a steady flow of jeeps zigzag up the trash…
Continue ReadingBy Oliver Darcy, CNN Barbara Starr, the Pentagon correspondent who has covered some of the most consequential stories with a signature style and…
Continue ReadingBy Tami Luhby, CNN Americans’ wealth continued to slide in the third quarter as stock prices plunged over the summer — but many Americans…
Continue ReadingBy Matt Egan, CNN Despite high inflation and recession fears, the holiday shopping season appears to be off to a strong start. Black Friday and Cyber…
Continue ReadingBy Vanessa Yurkevich, CNN For the past 22 years, the Port of Los Angeles has been the busiest container port in North America, moving around 10…
Continue ReadingBy Julia Horowitz, CNN Just two months after UK markets suffered their worst meltdown since the global financial crisis, the British government is…
Continue ReadingBy Nicole Goodkind, CNN Brutally high oil and gas prices were the talk of the town in 2022 and one of the largest contributing factors to sky-high…
Continue ReadingBy Chris Isidore, CNN Another key inflation measure shows price pressures cooled off but remained stubbornly high in November, despite the Federal…
Continue ReadingBy Christine Romans It’s too soon to declare victory over inflation, but from gas to chicken to big-screen TVs, there are, increasingly, signs…
Continue ReadingBy Chris Isidore, CNN Workers at the Ultium Cells plant, co-owned by General Motors and Korean giant LG, voted overwhelmingly this week to join the…
Continue ReadingBy Chris Isidore Consumers are becoming more confident about the state of the economy, despite recession fears, soaring interest rates and continued…
Continue ReadingBy Jordan Valinsky and Allison Morrow, CNN Sam Bankman-Fried, the founder of the failed crypto exchange FTX, has agreed to testify before the House…
Continue ReadingBy Swati Gupta, CNN India’s ruling Bharatiya Janata Party (BJP) scored a landslide election win in Prime Minister Narendra Modi’s home…
Continue ReadingBy Anna Bahney, CNN Business The average rent in Manhattan was $5,249 in November, up 19% from last year and the third-highest amount on record,…
Continue ReadingBy Paul R. La Monica, CNN A recession may be coming, but consumers still want to look fashionable. Subscription clothing service Rent the Runway…
Continue ReadingBy Anna Bahney, CNN Mortgage rates dipped again this week, dropping for the fourth week in a row. The 30-year fixed-rate mortgage averaged 6.33% in…
Continue ReadingBy Parija Kavilanz, CNN Bourbon brand Jim Beam is offering what could possibly be the weirdest gift for the holidays — hug-simulating pajamas. The…
Continue ReadingBy Chris Isidore, CNN Business Used car retailer Carvana, facing a cash crunch, could be headed towards bankruptcy, according to both published…
Continue ReadingBy Betsy Klein, CNN US Treasury Secretary Janet Yellen traveled to Texas Thursday to mark an important and historic milestone, touring the Fort Worth…
Continue ReadingBy Matt Egan, CNN Treasury Secretary Janet Yellen is striking a cautiously optimistic tone about 2023, predicting a major inflation cooldown and…
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