Dow plunges to its lowest level since 2020 to end another dismal week
By David Goldman, CNN Business US stocks fell sharply in Friday trading as investors continued to worry about even more rate hikes from the Federal…
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IMF chief warns there will be ‘people on the street’ globally unless steps taken to ease inflation
By Emmet Lyons and Ken Olshansky There will be “people on the street” globally unless steps are taken to protect the most vulnerable from…
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Fed escalates its inflation fight with another big rate hike
Intensifying its fight against chronically high inflation, the Federal Reserve raised its key interest rate Wednesday by a substantial three-quarters…
Continue Reading Ford: Gas cars are a growth business for us
By Peter Valdes-Dapena, CNN Business When Ford chief executive Jim Farley split the company’s passenger vehicle business into two parts — one…
Continue Reading Rising mortgage rates hit home builders as buyers pull back
By Paul R. La Monica, CNN Business Prospective home buyers are getting hit by a double whammy of bad news: Prices remain prohibitively high for many…
Continue Reading Home sales dropped 20% in August from a year ago
By Anna Bahney, CNN Business Home sales declined for the seventh month in a row in August as higher mortgage rates and stubbornly high prices pushed…
Continue Reading 2 claim $1.34 billion Mega Millions lottery prize
By Omar Jimenez and Rebekah Riess, CNN Almost eight weeks after the drawing in one of the largest-ever Mega Millions jackpots, two people — who…
Continue Reading What to know about the new Windows 11 update
By Catherine Thorbecke, CNN Business Nearly one year after Microsoft launched its flagship Windows 11, the tech giant has officially rolled out its…
Continue Reading The historic streak of falling US gas prices is over
By Matt Egan and Chris Isidore, CNN Business Well, it was nice while it lasted. After sinking every day for more than three months, US gas prices…
Continue Reading America gained 2.5 million new millionaires last year
By Michelle Toh, CNN Business The number of rich people in the world rose at a rapid pace last year, boosted by gains in the stock market and house…
Continue Reading US dollar hits new 20-year high as Russia calls up reservists
The US dollar climbed to a new two-decade high on Wednesday after Russia said it was mobilizing 300,000 military reserves in an escalation of the war…
Continue Reading TikTok to require verification of political accounts and ban political fundraising
By Brian Fung, CNN TikTok has begun to require “mandatory verification” for political accounts based in the United States and will be…
Continue Reading Inflation is a global problem. Here’s how central banks are addressing it
By Nicole Goodkind, CNN Business Just like misery, inflation loves company. And as price increases linger near 40-year highs, the United States has…
Continue Reading NASA astronaut, Russian cosmonauts launch to space
By Jackie Wattles, CNN Business A Russian capsule took an American astronaut to space today, marking a notable continuation of the Russian-US…
Continue Reading Opinion: Many have lost faith in the Fed. Will it be able to win our trust again?
Opinion by Mohamed A. El-Erian for CNN Business Perspectives This week, it will become more apparent to economists and policymakers across the globe…
Continue Reading Germany nationalizes its biggest natural gas importer
By Inke Kappeler, Allegra Goodwin and Mark Thompson, CNN Business Germany is nationalizing Uniper, its biggest importer of natural gas, as part of an…
Continue Reading The Fed’s credibility is still on the line
By Julia Horowitz, CNN Business The Federal Reserve’s latest policy announcement represents a critical moment, as Wall Street waits to see how…
Continue Reading Hong Kong stocks hit an 11-year low after historic Fed rate hike
By Laura He, CNN Business Hong Kong stocks hit their lowest level in more than a decade Thursday and other Asian markets also fell after the US…
Continue Reading US dollar hits new 20-year high as Russia calls up reservists
By Julia Horowitz and Anna Cooban, CNN Business The US dollar climbed to a new two-decade high on Wednesday after Russia said it was mobilizing…
Continue Reading September 21, 2022: Fed raises interest rates by three-quarters of a percentage point
By CNN Business The-CNN-Wire™ & © 2022 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights…
Continue Reading Fed goes big again with third-straight three-quarter-point rate hike
By Nicole Goodkind, CNN Business The Federal Reserve made history on Wednesday, approving a third consecutive 75-basis-point hike in an aggressive…
Continue Reading US in talks with India about rethinking reliance on Russian arms and energy
By Jennifer Hansler, Kylie Atwood and Rhea Mogul, CNN The United States is in “deep” talks with India over its reliance on Russian arms…
Continue Reading China’s ‘Lipstick King’ returns to live-streaming show after mysterious three-month disappearance
By Laura He, CNN Business One of China’s most popular livestreamers quietly resurfaced online Tuesday night, after a three-month absence linked…
Continue Reading Movie theaters reopen in Indian-controlled Kashmir for the first time in more than two decades
By Rhea Mogul and Manveena Suri, CNN Movie theaters in Indian-controlled Kashmir have reopened their doors, more than two decades after they were…
Continue Reading NYC faces a potential fiscal cliff with a nearly $10 billion deficit by 2026
By Alison Kosik and Kate Trafecante, CNN Business The New York State Comptroller said Tuesday that several of New York City’s fiscal challenges…
Continue Reading Beyond Meat suspends executive after he was arrested on suspicion of biting a man’s nose
By Allison Morrow, CNN Business Beyond Meat suspended its chief operating officer after he was arrested over the weekend on suspicion of biting a…
Continue Reading Walmart and Target push to lower credit card fees
By Nathaniel Meyersohn, CNN Business Frustrated by extra credit card fees when you shop? A pair of bipartisan bills in Congress aim to lower the…
Continue Reading Saudi Arabia buys pair of SpaceX astronaut seats from Axiom
By Reuters Saudi Arabia is planning to launch two astronauts to the International Space Station aboard a space capsule from Elon Musk’s SpaceX,…
Continue Reading Saudi Arabia buys pair of SpaceX astronaut seats from Axiom
By Reuters Saudi Arabia is planning to launch two astronauts to the International Space Station aboard a space capsule from Elon Musk’s SpaceX,…
Continue Reading GOP attorneys general threaten Visa, American Express and MasterCard over gun-store code
By Matt Egan Two dozen Republican attorneys general warned Visa, American Express and MasterCard on Tuesday not to go ahead with their plans to add a…
Continue Reading Wonder where the economy is heading? Keep an eye on earnings
By Paul R. La Monica, CNN Business Corporate America is starting to brace for a recession. Economic bellwether FedEx stunned Wall Street last week…
Continue Reading Apple plans fix for bug that users say makes iPhone 14 Pro camera shake uncontrollably
By Samantha Murphy Kelly, CNN Business Apple said it is working on a software fix after some users who recently purchased an iPhone 14 Pro or iPhone…
Continue Reading Stocks sink as investors wait for the Fed’s rate hike
By Paul R. La Monica, CNN Business So much for Wall Street sitting back and taking it easy while awaiting the Federal Reserve’s latest interest…
Continue Reading Gap is laying off 500 corporate employees as challenges mount
By Jordan Valinsky, CNN Business Roughly 500 corporate jobs are being eliminated at the Gap, adding to the problems that the beleaguered retailer is…
Continue Reading FTC probes Amazon’s $1.7 billion acquisition of Roomba maker iRobot
By Brian Fung, CNN The Federal Trade Commission is taking a closer look at Amazon’s proposed acquisition of iRobot, the company that produces…
Continue Reading Queen Elizabeth’s funeral draws 26 million viewers in the UK
By Anna Cooban, CNN Business More than 26 million people tuned in to watch the Queen’s funeral in the United Kingdom on Monday, the first to be…
Continue Reading Stocks sink as investors wait for the Fed’s rate hike
By Paul R. La Monica, CNN Business So much for Wall Street sitting back and taking it easy while awaiting the Federal Reserve’s latest interest…
Continue Reading Crypto firm Wintermute hit by $160 million theft
By Jennifer Korn, CNN Business Hackers have stolen around $160 million worth of cryptocurrency from crypto market maker Wintermute, the company said…
Continue Reading Crypto firm Wintermute hit by $160 million theft
By Jennifer Korn, CNN Business Hackers have stolen around $160 million worth of cryptocurrency from crypto market maker Wintermute, the company said…
Continue Reading ‘Astonishing.’ Morgan Stanley hard drives holding sensitive client data got auctioned off online
By Matt Egan, CNN Business Federal regulators accused Morgan Stanley on Tuesday of “astonishing” failures that led to the mishandling of…
Continue Reading New home building picked up last month, but builder sentiment remains low
By Anna Bahney Home building bounced back a bit last month even though demand for new homes among buyers had started to cool off and the cost of…
Continue Reading Time for someone else to ride the Peloton bike?
By Paul R. La Monica, CNN Business Peloton formally unveiled its high-priced new rowing machine Tuesday. But the company is still facing rough…
Continue Reading Inflation is stubbornly high. Here’s what this bank exec suggests you do
By Michelle Toh, CNN Business People around the world are searching for ways to shield themselves from the impact of stubbornly high inflation, and…
Continue Reading As many as 45,000 Fords can’t be sold because they’re missing parts
By Chris Isidore, CNN Business The still-clogged global supply chain continues to wreak havoc on the auto industry. Ford said late Monday it will end…
Continue Reading Strikes could bring UK railways to a standstill
By Anna Cooban and Arnaud Siad, CNN Business Labor unions in the United Kingdom offered the country a brief respite from a wave of strike action…
Continue Reading Twitter to depose Elon Musk next week
By Brian Fung and Clare Duffy, CNN Business Twitter’s lawyers are set to question Elon Musk in a deposition that could last up to three day…
Continue Reading Opinion: The world is moving backward in the combat against poverty and disease. Here’s what we need to do
Opinion by Mark Suzman for CNN Business Perspectives The first two decades of the 21st century provided more progress for more people than perhaps…
Continue Reading Tax fossil fuel companies ‘feasting’ on profits as ‘planet burns’ and power bills soar, UN chief urges
By Angela Dewan, CNN Business Rich economies should hit oil and gas companies with new windfall taxes to provide help for countries suffering from…
Continue Reading Biden administration picks former Chicago, DC transportation leader to head EV charging program
By Matt McFarland, CNN Business Gabe Klein, who has led transportation departments in Washington, DC and Chicago, will head the Biden…
Continue Reading Here’s why tech companies keep paying millions to settle lawsuits in Illinois
By Rachel Metz, CNN Business Regulators have spent years trying to make big tech companies pay for the ways they harvest and, at times, abuse…
Continue Reading Anxious investors are piling into hedge funds
By Julia Horowitz, CNN Business For years, the climate for hedge funds was tough. Volatility was low. The price of everything was going up. It…
Continue Reading Good news: Freight railroads are not on strike. Bad news: The service is still terrible
By Chris Isidore and Matt McFarland, CNN Business The fact that there is not a freight railroad strike happening this week is a huge win for the US…
Continue Reading Twitter founder Jack Dorsey to be deposed in Twitter v. Musk case
By Clare Duffy, CNN Business Twitter co-founder and former CEO Jack Dorsey will be questioned on Tuesday morning by lawyers for the company and Elon…
Continue Reading ‘Grand Theft Auto’ leaks emerge online after publisher hit by ‘network intrusion’
By Catherine Thorbecke, CNN Business Rockstar Games confirmed on Monday that hackers had leaked some unreleased footage from its next iteration of…
Continue Reading Why the current oil boom for Arab states may be their last
By Nadeen Ebrahim, CNN The oil boom brought about by the Ukraine war has made energy-rich Middle Eastern countries extraordinarily wealthy once…
Continue Reading Uber says hacker group Lapsus$ behind cybersecurity incident
By Brian Fung, CNN Uber has linked the cybersecurity incident it disclosed last week to hackers affiliated with the Lapsus$ gang, a group accused of…
Continue Reading Uber says hacker group Lapsus$ behind cybersecurity incident
By Brian Fung, CNN Uber has linked the cybersecurity incident it disclosed last week to hackers affiliated with the Lapsus$ gang, a group accused of…
Continue Reading Nissan recalls more than 200,000 pickup trucks due to rollaway risk
By Ramishah Maruf, CNN Nissan is recalling more than 200,000 pickup trucks due to a risk that the vehicles could roll away while in park. Nissan…
Continue Reading Why the latest Chrysler 300 is missing a supercharged V8
By Peter Valdes-Dapena, CNN Business As the big Chrysler 300 sedan, with its trademark large square grille, approaches the end of an 18-year…
Continue Reading The 40-year evolution from :-) to 😂
By Jennifer Korn, CNN Business At 11:44 a.m. on September 19, 1982, Scott Fahlman made internet history by stitching together a colon, a hyphen and a…
Continue Reading TikTok to require verification of political accounts and ban political fundraising
By Brian Fung, CNN TikTok has begun to require “mandatory verification” for political accounts based in the United States and will be…
Continue Reading Google mistakenly sent an engineer almost $250,000
By Zoe Sottile, CNN A man mistakenly received a payment of almost $250,000 from Google — even though he hadn’t done any work for the…
Continue Reading Stocks close higher ahead of Federal Reserve meeting
By Nicole Goodkind, CNN Business US stocks alternated between slight losses and modest gains Monday before eventually closing higher ahead of the…
Continue Reading Apple plans fix for bug that users say makes iPhone 14 Pro camera shake uncontrollably
By Samantha Murphy Kelly, CNN Business Apple said it is working on a software fix after some users who recently purchased an iPhone 14 Pro or iPhone…
Continue Reading Why it’s time to start paying with $2 bills
By Nathaniel Meyersohn, CNN Business Inflation has made it hard to buy much with a buck these days. $1 pizza has disappeared. Dollar stores…
Continue Reading Fried chicken was cheap comfort food for South Koreans. Now a meal can cost $22
By Michelle Toh and Yoonjung Seo, CNN Business Clark Park, a 35-year-old YouTuber, is one of many people in South Korea fed up with high food prices.…
Continue Reading President Biden says America will get inflation under control. But it won’t be easy
By Alicia Wallace, CNN Business President Joe Biden expressed optimism about the direction of the US economy Sunday, saying America will be able to…
Continue Reading President Biden says America will get inflation under control. But it won’t be easy
By Alicia Wallace, CNN Business President Joe Biden expressed optimism about the direction of the US economy Sunday, saying America will be able to…
Continue Reading ‘The Woman King’ surprises at the box office
By Frank Pallotta, CNN Business It’s good to be “The Woman King.” The new Sony Pictures Entertainment film starring Viola Davis as…
Continue Reading Robert Shiller: Fed risks ‘disgrace’ if it doesn’t control inflation
By Julia Horowitz, CNN Business Central banks are faced with the unenviable task of trying to put a lid on decades-high inflation without triggering…
Continue Reading 1 in 5 of China’s urban youth are unemployed. That’s a huge headache for Xi Jinping
By Laura He, CNN Business The future looked promising for Cherry in May last year, when she secured a prestigious internship at a major software…
Continue Reading TikTok’s search engine repeatedly delivers misinformation to its majority-young user base, report says
By Emma Tucker, CNN When a TikTok user searches the social media app for information on top news stories, ranging from Covid-19 vaccines to school…
Continue Reading Queen Elizabeth’s funeral marks the end of television dominance that started with her coronation
By David Zurawik, CNN The BBC credits Queen Elizabeth II’s coronation in 1953 as the “event that did more than any other to make…
Continue Reading Next up for US unions: Major contracts for 700,000 workers
By Chris Isidore, CNN Business The 11th hour deal that prevented a crippling strike at the nation’s freight railroads is the biggest win for US…
Continue Reading Next up for US unions: Major contracts for 700,000 workers
By Chris Isidore, CNN Business The 11th hour deal that prevented a crippling strike at the nation’s freight railroads is the biggest win for US…
Continue Reading Why deleting something from the internet is ‘almost impossible’
By Catherine Thorbecke, CNN Business Most people may live out their digital lives with the assumption they can delete their posts, messages and…
Continue Reading Another big rate hike is coming. Lather. Rinse. Repeat
By Paul R. La Monica, CNN Business The Federal Reserve’s upcoming meeting on Wednesday will be one for the history books. The Fed will either…
Continue Reading Cinemas are screening the Queen’s funeral. Here’s what else is open on Monday
By Anna Cooban, CNN Business Much of Britain came to a standstill on Monday for the funeral of Queen Elizabeth II. The government declared the day an…
Continue Reading What you need to know about the new edit and unsend options for iMessage
By Samantha Murphy Kelly, CNN Business For anyone prone to typos, sending messages to the wrong person or firing off thoughts they may later regret,…
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Voluneers needed for AARP Foundation Tax-Aide
AARP Foundation Tax-Aide is looking to expand its team of volunteers for the upcoming tax season.…
Continue Reading Federal appeals court upholds controversial Texas social media law restricting content moderation
By Brian Fung, CNN Business A federal appeals court on Friday upheld a controversial Texas law that restricts the ability of Facebook, Twitter and…
Continue Reading Fried chicken was cheap comfort food for South Koreans. Now a meal can cost $22
By Michelle Toh and Yoonjung Seo, CNN Business Clark Park, a 35-year-old YouTuber, is one of many people in South Korea fed up with high food prices.…
Continue Reading No stamps: Why one NY neighborhood can’t buy them
By Alexandra Peers, CNN Business The labor shortage has reached peak stupid: One post office’s workers couldn’t sell stamps. For the past…
Continue Reading An Indian tycoon just ousted Jeff Bezos as world’s second-richest person
By Allison Morrow, CNN Business Jeff Bezos just lost his status as the world’s second-richest person, dropping to No. 3 as Indian business…
Continue Reading United CEO on FAA air traffic controllers: ‘They need more’
By Pete Muntean and Gregory Wallace, CNN United Airlines considers government air traffic controller staffing shortages its top concern and says…
Continue Reading Wall Street dodged a rail strike crisis, but there’s trouble ahead
By Nicole Goodkind, CNN Business The announcement from the White House that a tentative deal has been reached to avert the first national rail strike…
Continue Reading The biggest change to the new iPhone isn’t the hardware
By Samantha Murphy Kelly, CNN Business When iPhone 14 users aren’t using their new Apple device, the screen is hardly asleep. It’ll…
Continue Reading Stocks fall after FedEx warns of global recession
By Nicole Goodkind, CNN Business US stocks fell on Friday after FedEx served investors a brutal pre-earnings announcement about the state of the…
Continue Reading Americans are feeling better about the economy, but inflation worries still loom
By Alicia Wallace, CNN Business Americans continue to feel slightly better about the economy as gas prices retreat from their early summer highs.…
Continue Reading Uber investigating ‘cybersecurity incident’ after hacker claims to access internal systems
By Sean Lyngaas, CNN Uber said Thursday that it was investigating a “cybersecurity incident” after a hacker shared evidence that they had…
Continue Reading First on CNN: House Democrats push Biden to unleash even more emergency oil
By Matt Egan, CNN Business A group of Democrats in Congress is calling on President Joe Biden to keep releasing oil from America’s emergency…
Continue Reading British pound hits a 37-year low as UK economy skids
By Julia Horowitz, CNN Business The British pound slumped to a 37-year low on Friday after new data showed that shoppers are pulling back spending as…
Continue Reading FedEx warns of a global recession, cutting sales forecast by half a billion dollars
By Chris Isidore, CNN Business FedEx warned that a global recession could be coming, as demand for packages around the world tumbles. Shares of FedEx…
Continue Reading Germany takes control of Russian-owned oil refineries
By Nadine Schmidt and Anna Cooban, CNN Business The German government has seized control of three Russian-owned oil refineries to secure supplies of…
Continue Reading At Twitter whistleblower hearing, a key tech regulator comes under fire
By Brian Fung, CNN Business When a Twitter whistleblower testified at an explosive Senate hearing this week, the social media company wasn’t…
Continue Reading Elon Musk’s texts show how his relationship with Twitter went sideways
By Clare Duffy, CNN Business Days before publicly announcing his investment in Twitter, Elon Musk texted with Jack Dorsey. The former Twitter CEO…
Continue Reading British pound hits a 37-year low as UK economy skids
By Julia Horowitz, CNN Business The British pound slumped to a 37-year low on Friday after new data showed that shoppers are pulling back spending as…
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How credit card usage differs by generation
Experian analyzed data from account holders across the country to find out how each generation uses credit…
Continue Reading California Gov. Newsom signs landmark legislation aimed at boosting children’s safety online
By Brian Fung, CNN A landmark California bill aimed at promoting children’s digital welfare became law on Thursday, as Gov. Gavin Newsom…
Continue Reading Elon Musk has publicly filed updated counterclaims against Twitter based on whistleblower disclosure
By Clare Duffy, CNN Business Elon Musk’s legal team on Thursday filed a public version of its updated counterclaims in response to…
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