Money Archives

Weekly jobless claims edged up last week, but the labor market remains robust

February 5, 2023 9:32 AM CNN

By Lucy Bayly, CNN First-time applications for unemployment benefits rose last week to 196,000, a slightly higher total than the 190,000 that…

Investigators probing a possible near-collision between two aircraft on an airport runway in Austin, Texas

February 4, 2023 10:16 PM CNN Newsource

By Pete Muntean, CNN A FedEx cargo plane trying to land at an Austin, Texas, airport had to change course Saturday to avoid a potential collision…

Investigators probing a possible near-collision between two aircraft on an airport runway in Austin, Texas

February 4, 2023 10:16 PM CNN

By Pete Muntean, CNN A FedEx cargo plane trying to land at an Austin, Texas, airport had to change course Saturday to avoid a potential collision…

Ford Mustang Mach-E has a mile of wires it doesn’t need. That’s a big deal

February 4, 2023 7:26 AM CNN Newsource

By Chris Isidore, CNN Ford showed this week that it’s not going to be as easy for traditional automakers to catch Tesla in the race to build…

Super Bowl LVI was crypto’s coming out party. This year, the party’s over

February 4, 2023 6:20 AM CNN Newsource

By Allison Morrow, CNN Super Bowl LVI was the crypto world’s coming out party. Buzzy firms made bold pitches last year, and shelled out…

Gautam Adani lost half his wealth in a flash. Here’s what happened

February 4, 2023 3:02 AM CNN Newsource

By Julia Horowitz, CNN Less than two weeks ago, Gautam Adani was the fourth-richest person in the world. With a personal fortune estimated at $120…

Disney World union members reject contract offer

February 3, 2023 5:37 PM CNN Newsource

By Chris Isidore and Vanessa Yurkevich, CNN Unionized workers at Disney World have rejected a contract proposal from the company that would have…

Ford is getting back into Formula 1 racing to help sell EVs

February 3, 2023 11:04 AM CNN Newsource

By Peter Valdes-Dapena, CNN America’s major automakers are getting back into Formula 1 racing. Following General Motors’ recent…

In boost for Ford and Tesla, Treasury changes EV tax rules making it easier to qualify as an SUV

February 3, 2023 2:38 PM CNN Newsource

By Peter Valdes-Dapena, CNN Business Is the Ford Mustang Mach-E an SUV? How about the Tesla Model Y? Depending on which branch of the US government…

Elon Musk wins lawsuit over ‘funding secured’ tweet

February 3, 2023 2:21 PM CNN Newsource

By Clare Duffy, CNN A California jury has ruled that Elon Musk is not liable for losses experienced by Tesla shareholders following his controversial…

4 key takeaways from the jaw-dropping January jobs report

February 3, 2023 11:38 AM CNN Newsource

By Allison Morrow, CNN America’s job market demonstrated its stunning resilience Friday, besting expectations by a factor of nearly three and…

Why Twitter users are upset about the platform’s latest change

February 3, 2023 11:18 AM CNN Newsource

By AJ Willingham, CNN The season of Twitter shakeups isn’t over yet. The social media platform has announced it will eliminate free API access…

Offices are more than 50% filled for the first time since the pandemic started

February 3, 2023 5:53 AM CNN Newsource

By Jordan Valinsky, CNN Nearly three years after the pandemic began, American offices are finally more than halfway filled again as workers have…

Is the Fed ignoring long Covid in its inflation fight?

February 3, 2023 5:58 AM CNN

By Nicole Goodkind, CNN Federal Reserve officials have for months blamed a dwindling supply of US workers for elevated inflation levels. During his…

The US economy added a whopping 517,000 jobs in January

February 3, 2023 4:02 AM CNN Newsource

By Alicia Wallace, CNN The US economy added an astonishing 517,000 jobs in January, showing that the labor market isn’t ready to cool down just…

Activision Blizzard settles SEC charges for $35 million

February 3, 2023 9:05 AM CNN Newsource

By Brian Fung, CNN Activision Blizzard will pay $35 million to settle US government allegations that the video game giant violated a whistleblower…

Is the Fed ignoring long Covid in its inflation fight?

February 3, 2023 5:58 AM CNN Newsource

By Nicole Goodkind, CNN Federal Reserve officials have for months blamed a dwindling supply of US workers for elevated inflation levels. During his…

Adani will ask Big 4 accounting firm for a ‘general audit,’ says TotalEnergies

February 3, 2023 4:17 AM CNN Newsource

By Olesya Dmitracova, CNN One of Gautam Adani’s biggest international partners, TotalEnergies, said Friday that his Indian conglomerate is…

Adani market rout deepens as uproar brings Indian parliament to a halt

February 3, 2023 12:02 AM CNN Newsource

By Diksha Madhok and Olesya Dmitracova, CNN Shares in most Adani Group companies slumped again Friday and India’s parliament was adjourned amid…

Hong Kong and Macao will fully reopen borders with mainland China

February 2, 2023 10:45 PM CNN Newsource

By Michelle Toh and Wayne Chang, CNN China will fully reopen borders with its special administrative regions of Hong Kong and Macao next week, in…

‘It turned bad in an instant’: CNN crew has close call in Ukraine as Russian missiles pummel their location

February 2, 2023 9:10 PM CNN

By Oliver Darcy, CNN CNN correspondent Frederik Pleitgen and his team were traveling on Thursday to the Ukrainian city of Kramatorsk to report on the…

‘It turned bad in an instant’: CNN crew has close call in Ukraine as Russian missiles pummel their location

February 2, 2023 9:10 PM CNN Newsource

By Oliver Darcy, CNN CNN correspondent Frederik Pleitgen and his team were traveling on Thursday to the Ukrainian city of Kramatorsk to report on the…

Mortgage rates fall for fourth week in a row

February 2, 2023 10:00 AM CNN Newsource

By Anna Bahney, CNN Mortgage rates fell slightly this week, as a smaller rate hike by the Federal Reserve signaled promising improvement on…

How cashless spending has grown since 2015

February 1, 2023 11:41 PM Stacker

When was the last time you wrote a check? Experian examined Federal Reserve data to see how cashless spending has evolved in recent…

Greenpeace activists scale Shell oil platform in the Atlantic Ocean as company announces record profits

February 2, 2023 11:41 AM CNN Newsource

By Laura Paddison, CNN Activists from the campaign group Greenpeace have boarded a ship in the Atlantic Ocean and scaled a Shell oil platform that is…

Shell profits double to record $40 billion

February 2, 2023 1:36 AM CNN Newsource

By Michelle Toh and Hanna Ziady, CNN Shell made a record profit of almost $40 billion in 2022, more than double what it raked in the previous year…

How do you lose a radioactive capsule? Australian investigators are wondering too

February 2, 2023 2:19 AM CNN Newsource

By Hilary Whiteman, CNN The discovery of a tiny lost radioactive capsule beside a remote highway in Western Australia raises many questions —…

‘The Daily Show’s’ Roy Wood Jr. selected as White House Correspondents’ Dinner entertainer

February 2, 2023 9:08 AM CNN Newsource

By Oliver Darcy, CNN Business Roy Wood Jr., the comedian known for his role on Comedy Central’s “The Daily Show,” will be the…

A first generation iPhone fetches $63,000 at auction

February 2, 2023 8:39 AM CNN Newsource

By Jennifer Korn, CNN A first-generation 2007 iPhone sold for more than $63,000 in an online auction Sunday, more than 100 times its original cost.…

Blackouts and soaring prices: Pakistan’s economy is on the brink

February 2, 2023 8:00 AM CNN

By Sophia Saifi and Julia Horowitz, CNN Muhammad Radaqat, a 27-year-old greengrocer, is worried. He doesn’t know how much an onion will cost…

Meta wowed Wall Street, but investors remain skeptical about tech

February 2, 2023 5:46 AM CNN Newsource

By Clare Duffy and Nicole Goodkind, CNN Thursday afternoon will round out what has so far been a sobering earnings season for the Big Tech giants.…

Subway hopes new meat slicers will boost sales after record 2022

February 2, 2023 5:13 AM CNN Newsource

By Jordan Valinsky, CNN Subway says it had a record-setting year for sales in 2022, bolstered by a major menu revamp and store renovations. The…

Blackouts and soaring prices: Pakistan’s economy is on the brink

February 2, 2023 5:12 AM CNN Newsource

By Sophia Saifi and Julia Horowitz, CNN Muhammad Radaqat, a 27-year-old greengrocer, is worried. He doesn’t know how much an onion will cost…

ECB and Bank of England fight inflation with sharp interest rate hikes

February 2, 2023 5:01 AM CNN Newsource

By Olesya Dmitracova, CNN Europe’s two largest central banks raised interest rates sharply on Thursday, opting for bigger increases than the US…

What to look for in Friday’s jobs report

February 2, 2023 4:49 AM CNN Newsource

By Alicia Wallace, CNN A week that has been chock-full of economic data will be capped off Friday with the first US jobs report of 2023. Economists…

Democratic senator urges Apple and Google to ban TikTok from their app stores

February 2, 2023 4:07 AM CNN

By Brian Fung, CNN A member of the Senate Intelligence Committee is calling on Apple and Google to remove TikTok from their app stores over concerns…

Democratic senator urges Apple and Google to ban TikTok from their app stores

February 2, 2023 4:07 AM CNN Newsource

By Brian Fung, CNN A member of the Senate Intelligence Committee is calling on Apple and Google to remove TikTok from their app stores over concerns…

China set to launch long-awaited IPO reforms to reset the economy

February 2, 2023 12:50 AM CNN Newsource

By Laura He, CNN China is set to make market-oriented changes to the way initial public offerings are approved, as it tries to reset the economy and…

Gautam Adani fails to calm investors as market wipeout hits $100 billion

February 1, 2023 11:17 PM CNN Newsource

By Diksha Madhok and Mark Thompson, CNN Shares in Gautam Adani’s businesses plunged further on Thursday after an attempt by the Indian…

Australia’s new $5 note won’t feature King Charles

February 1, 2023 9:32 PM CNN Newsource

By Hilary Whiteman and Michelle Toh, CNN Australia’s new $5 banknote will not feature Britain’s King Charles III, but rather a new design…

China says it successfully cloned 3 highly productive ‘super cows’

February 1, 2023 8:05 PM CNN Newsource

By Nectar Gan, CNN Chinese scientists have successfully cloned three “super cows” that can produce an unusually high amount of milk,…

Many Idahoans eligible for free e-file

February 1, 2023 9:58 AM News Team

Many Idahoans are aware they can e-file their tax returns, but few know it might be free.…

Bugatti just sold its last purely gas-powered car for $10.7 million, setting a world auction record for a new car

February 1, 2023 3:31 PM CNN Newsource

By Peter Valdes-Dapena, CNN Bugatti sold its last purely gas-powered supercar at a Paris auction Wednesday for more than $10 million, setting a world…

After the Fed’s latest move, how come you’re still not getting a higher rate on your bank savings?

February 1, 2023 3:04 PM CNN

By Jeanne Sahadi, CNN Interest rates are higher (again), courtesy of the Federal Reserve, which hiked its benchmark interest rate Wednesday, for the…

After the Fed’s latest move, how come you’re still not getting a higher rate on your bank savings?

February 1, 2023 3:04 PM CNN Newsource

By Jeanne Sahadi, CNN Interest rates are higher (again), courtesy of the Federal Reserve, which hiked its benchmark interest rate Wednesday, for the…

Meta shares surge nearly 20% as Zuckerberg pledges to make 2023 a ‘year of efficiency’

February 1, 2023 2:33 PM CNN Newsource

By Clare Duffy, CNN For years, Facebook and its CEO Mark Zuckerberg invested heavily in growth, including in areas like virtual reality with unproven…

ChatGPT creator launches subscription service for viral AI chatbot

February 1, 2023 1:05 PM CNN Newsource

By Samantha Murphy Kelly, CNN Business OpenAI, the company behind ChatGPT, announced on Wednesday it is piloting a $20 monthly subscription plan that…

Judge reportedly allows Meta to move forward with VR startup acquisition, in blow to FTC

February 1, 2023 1:01 PM CNN Newsource

By Brian Fung, CNN A federal judge will not block Meta from buying a virtual reality tech startup, according to multiple reports, in a setback for…

Samsung unveils Galaxy S23 lineup with powerhouse camera

February 1, 2023 11:44 AM CNN Newsource

By Samantha Murphy Kelly, CNN Business At its annual Unpacked event on Wednesday, Samsung unveiled its latest Galaxy S smartphones — and the…

Job openings jumped unexpectedly to 11 million in December

February 1, 2023 11:10 AM CNN Newsource

By Alicia Wallace, CNN Despite the looming threat of recession and the cacophony of mass layoff announcements, US businesses still need workers —…

Adani scraps $2.5 billion share sale as value of his empire collapses

February 1, 2023 10:46 AM CNN Newsource

By Mark Thompson, CNN Indian billionaire Gautam Adani on Wednesday abandoned a deal to raise $2.5 billion from investors after a week-long meltdown…

Wages continue to rise, but they still aren’t keeping pace with inflation

January 31, 2023 6:56 AM CNN Newsource

By Tami Luhby, CNN Employers continued to raise wages during the fourth quarter to attract workers and hold on to existing staff, though the pace of…

Apple is the only US tech giant to have avoided significant layoffs. Will it last?

February 1, 2023 6:03 AM CNN Newsource

By Catherine Thorbecke, CNN In less than three months, four of the big five US tech companies have cut tens of thousands of employees combined,…

Michigan six-year-old orders $1,000 worth of food on Grubhub

February 1, 2023 6:27 AM CNN

By Jordan Valinsky, CNN It was an all-you-can-eat buffet for a Michigan boy last weekend. Six-year-old Mason Stonehouse was playing on his…

Will the Fed end the 2023 market rally?

February 1, 2023 6:36 AM CNN Newsource

By Nicole Goodkind, CNN Business Investors appear to be preparing for another match-up against their favorite sparring partners at the Federal…

Coca-Cola’s Powerade is taking a jab at Gatorade with new formula and packaging

February 1, 2023 6:56 AM CNN

By Danielle Wiener-Bronner, CNN Gatorade has long been the leader among sports drinks, those brightly colored beverages designed to replenish the…

Hong Kong is criminalizing CBD as a ‘dangerous drug’ alongside heroin

January 31, 2023 6:54 PM CNN Newsource

By Jessie Yeung, CNN Two years ago, cannabidiol was booming in Hong Kong. The compound, known as CBD, was popping up in cafes, restaurants and…

Record $3.8 billion stolen in crypto hacks last year, report says

February 1, 2023 10:22 AM CNN Newsource

By Jennifer Korn A record $3.8 billion worth of cryptocurrency was stolen from various services last year, with much of those thefts driven by North…

Record $3.8 billion stolen in crypto hacks last year, report says

February 1, 2023 10:22 AM CNN

By Jennifer Korn A record $3.8 billion worth of cryptocurrency was stolen from various services last year, with much of those thefts driven by North…

BDG shuts down Gawker and lays off 8% of staff, CEO announces

February 1, 2023 9:17 AM CNN Newsource

By Oliver Darcy, CNN Business The digital media conglomerate BDG, which houses brands such as Elite Daily and Bustle, announced on Wednesday that it…

Sam Bankman-Fried’s bail is tightened over ‘threat’ of witness tampering

February 1, 2023 8:46 AM CNN Newsource

By Kara Scannell, CNN Sam Bankman-Fried is in trouble, once again, for talking too much. A federal judge on Wednesday temporarily tightened the FTX…

Beyoncé is going on tour. Will Ticketmaster be able to handle it?

February 1, 2023 7:47 AM CNN Newsource

By Danielle Wiener-Bronner, CNN Good news: Beyoncé’s Renaissance tour is happening. Bad news: Fans are already gearing up for a difficult time…

Europe unveils $270 billion response to US green subsidies

February 1, 2023 7:47 AM CNN Newsource

By Hanna Ziady, CNN Stung by the Biden administration’s huge green subsidy program, the European Union unveiled plans for its own “Green…

Apple and Google’s app stores wield ‘gatekeeper’ power and should be reined in, Commerce Department says

February 1, 2023 7:09 AM CNN Newsource

By Brian Fung, CNN The Biden administration on Wednesday took its biggest swipe yet at app stores run by Apple and Google, with a new report accusing…

Exclusive: Tabasco teams with a TikTok star to surprise hot sauce fans

February 1, 2023 7:03 AM CNN Newsource

By Jordan Valinsky, CNN Business The 154-year-old brand behind Tabasco wants you to put its hot sauce on more than your eggs and avocado toast.…

Coca-Cola’s Powerade is taking a jab at Gatorade with new formula and packaging

February 1, 2023 6:56 AM CNN Newsource

By Danielle Wiener-Bronner, CNN Gatorade has long been the leader among sports drinks, those brightly colored beverages designed to replenish the…

Michigan six-year-old orders $1,000 worth of food on Grubhub

February 1, 2023 6:27 AM CNN Newsource

By Jordan Valinsky, CNN It was an all-you-can-eat buffet for a Michigan boy last weekend. Six-year-old Mason Stonehouse was playing on his…

Europe grew faster than the US last year. Its markets are outperforming too

February 1, 2023 6:18 AM CNN Newsource

By Anna Cooban, CNN Europe’s stock markets have beaten Wall Street by the biggest margin in more than three decades over recent months as its…

Asia’s richest no more? Gautam Adani’s wealth crashes as $90 billion wiped off his business

February 1, 2023 5:38 AM CNN Newsource

By Diksha Madhok, CNN Gautam Adani looks set to cede his position as Asia’s richest man to another Indian billionaire as shares in his business…

How Southwest can win back its angry, stranded customers

February 1, 2023 5:20 AM CNN Newsource

By Chris Isidore, CNN Southwest Airlines’ customers are furious about the company’s Christmas week service meltdown. But fliers may…

Bed Bath and Beyond is closing 87 more stores. See the list

February 1, 2023 5:03 AM CNN Newsource

By Jordan Valinsky, CNN Bed Bath and Beyond is closing another 87 stores as the struggling retailer barrels toward bankruptcy. These closures are in…

Fed approves smallest rate hike since March, in nod to improved inflation outlook

February 1, 2023 4:34 AM CNN Newsource

By Nicole Goodkind, CNN The Federal Reserve unanimously approved a quarter-point interest rate hike Wednesday, slowing the pace of its increases in a…

Biden proposes ‘junk fee’ bill to cut hidden fees for credit cards and concert tickets

February 1, 2023 3:00 AM CNN Newsource

By Donald Judd President Joe Biden announced new progress Wednesday on his administration’s “competition agenda,” specifically…

Missing radioactive capsule found on remote road in Australia

February 1, 2023 2:24 AM CNN Newsource

By Hilary Whiteman, CNN Authorities scanning a remote Australian highway for a tiny missing radioactive capsule have found it by the roadside, after…

Indian guru Asaram given life sentence in second rape case

February 1, 2023 1:36 AM CNN Newsource

By Swati Gupta and Rhea Mogul, CNN An Indian court on Tuesday sentenced self-proclaimed spiritual guru Asaram Bapu to life imprisonment on charges of…

Britain hit by biggest day of strikes in a decade as pay disputes escalate

February 1, 2023 1:29 AM CNN Newsource

By Hanna Ziady, CNN As many as half a million workers are striking across Britain on Wednesday, closing schools, canceling university lectures and…

Tech CEO apologizes for quoting Martin Luther King Jr. in layoff announcement

January 31, 2023 9:14 PM CNN Newsource

By Rob McLean, CNN A tech CEO is apologizing after quoting Martin Luther King Jr. in a layoffs announcement. On January 24, PagerDuty CEO Jennifer…

Chinese cities are struggling to pay their bills as ‘hidden debts’ soar

January 31, 2023 9:11 PM CNN Newsource

By Laura He, CNN Three years of strict pandemic controls in China and a real estate crash have drained local government coffers, leaving authorities…

US home prices dropped for the fifth month in a row in November

January 31, 2023 8:16 AM CNN Newsource

By Anna Bahney, CNN US home prices dropped for the fifth month in a row in November, as rising mortgage rates pushed prospective buyers out of the…

Snap stock plunges 15% as revenue growth stalls

January 31, 2023 2:37 PM CNN Newsource

By Clare Duffy, CNN Snapchat’s parent company reported stalled revenue growth and a large net loss for the final three months of 2022, as it…

PayPal will lay off 2,000 workers, or 7% of staff

January 31, 2023 1:17 PM CNN Newsource

By Catherine Thorbecke, CNN PayPal said Tuesday it plans to lay off about 2,000 employees, or roughly 7% of its staff, making it the latest tech firm…

Maryland bill would subsidize employers that try a 4-day workweek

January 31, 2023 12:57 PM CNN Newsource

By Jeanne Sahadi, CNN Business In a first-of-its-kind proposal in the United States, some Maryland lawmakers want to subsidize employers that choose…

Instagram’s founders are back with a new app

January 31, 2023 12:27 PM CNN Newsource

By Jennifer Korn More than four years after Instagram’s founders left the company, they’re back with a new app. Kevin Systrom and Mike…

Stocks sizzled in January as rate hike and inflation fears ebbed

January 31, 2023 11:36 AM CNN Newsource

By Paul R. La Monica, CNN New year, new attitude on Wall Street. Stocks are off to a strong start in 2023 following last year’s abysmal…

Why these chunky, ugly running shoes are selling like crazy

January 31, 2023 11:12 AM CNN Newsource

By Nathaniel Meyersohn, CNN Sneakers designed to feel like running barefoot used to be the hottest phenomenon in exercise. Now, the opposite is true.…

ChatGPT creator rolls out ‘imperfect’ tool to help teachers spot potential cheating

January 31, 2023 11:02 AM CNN Newsource

By Samantha Murphy Kelly, CNN Business Two months after OpenAI unnerved some educators with the public release of ChatGPT, an AI chatbot that can…

Central banks have been fighting a war on inflation. They’re not done yet

January 31, 2023 10:59 AM CNN Newsource

By Julia Horowitz, CNN One of the main jobs of central banks is to keep prices under control, allowing households and businesses to plan for the…

Winter heating costs likely won’t be as high as feared, but many still need help

January 30, 2023 12:42 PM CNN Newsource

Heating your home this winter likely won’t burn quite as big a hole in your wallet as initially…

UPS reports record profit but forecasts a slower 2023

January 31, 2023 5:02 AM CNN Newsource

By Chris Isidore, CNN UPS reported a record profit for 2022 as its revenue reached $100 billion for the first time since its founding in 1907. The…

Apple has infringed on worker rights, NLRB investigators say

January 31, 2023 9:46 AM CNN Newsource

By Brian Fung, CNN Apple has illegally imposed rules on its employees that prohibit them from discussing their wages and engaging in other protected…

Tesla confirms DOJ has requested documents on Autopilot, ‘Full Self-Driving’

January 31, 2023 9:38 AM CNN Newsource

By Matt McFarland, CNN Business Tesla confirmed in a public filing released today that the US Department of Justice has requested documents…

The Covid sales boom is over for Pfizer

January 31, 2023 8:41 AM CNN Newsource

By Paul R. La Monica, CNN Pfizer generated nearly $57 billion in combined sales last year from its Comirnaty Covid-19 vaccine and Paxlovid antiviral…

US consumers remain wary of the economy, new survey shows

January 31, 2023 8:28 AM CNN Newsource

By Alicia Wallace, CNN Consumer confidence in the economy continues to waver, despite easing inflation. The Conference Board’s consumer…

Bob Born, the ‘Father of Peeps,’ has died

January 31, 2023 6:32 AM CNN Newsource

By Jordan Valinsky, CNN Ira “Bob” Born, known as the “Father of Peeps,” died on Sunday. He was 98. Just Born Quality…

Trump sues Bob Woodward for releasing audio of their interviews

January 31, 2023 6:24 AM CNN Newsource

By David Goldman, CNN Former President Donald Trump has sued journalist Bob Woodward for copyright violations, claiming Woodward released audio from…

ExxonMobil earnings more than double to annual record

January 31, 2023 6:12 AM CNN Newsource

By Chris Isidore, CNN ExxonMobil’s earnings slowed from a peak earlier in the year but the oil giant still reached a full-year record profit…

Stocks sizzled in January as rate hike and inflation fears ebbed

January 31, 2023 5:56 AM CNN

By Paul R. La Monica, CNN New year, new attitude on Wall Street. Stocks are off to a strong start in 2023 following last year’s abysmal…

Is this the beginning of the end for Big Oil’s windfall?

January 31, 2023 5:41 AM CNN Newsource

By Nicole Goodkind, CNN Oil and gas companies have had two years of skyrocketing growth, but this earnings season could mark the beginning of their…

As mass layoffs spread, tech workers are flocking to this app

January 31, 2023 5:39 AM CNN Newsource

By Catherine Thorbecke, CNN In the week before Microsoft publicly announced plans to cut 10,000 jobs, thousands of workers at the tech giant who were…

GM shares surge after record earnings and new stake in lithium company

January 31, 2023 5:07 AM CNN Newsource

By Chris Isidore, CNN General Motors reported a much stronger than expected fourth-quarter profit, lifting full-year results to record levels for the…