UBS to pay $1.4 billion for selling toxic mortgages prior to the Great Recession
The Justice Department announced on Monday that UBS has agreed to pay $1.4 billion in penalties for allegedly defrauding investors by selling…
Continue ReadingThe Justice Department announced on Monday that UBS has agreed to pay $1.4 billion in penalties for allegedly defrauding investors by selling…
Continue ReadingMore than 20 million US households are now receiving discounts on internet service as part of a federal program created to close the digital divide,…
Continue ReadingAfter three straight years of sales growth, Home Depot went into reverse in the first quarter, and sales and profit are expected to tumble again in…
Continue ReadingBy Betsy Klein and Chris Isidore, CNN Washington DC (CNN) — President Joe Biden sought to ramp up pressure on the United Auto Workers union and…
Continue ReadingBy Bryan Mena, CNN Washington, DC (CNN) — The chair of the Federal Deposit Insurance Corporation wants more aggressive oversight of large…
Continue ReadingEdmunds explored the different places where to encounter EV charging stations, point out which ones are free, and give some tips on reducing…
Continue ReadingIncreased extreme weather and natural disasters are affecting auto insurers. Cheapinsurance.com explored the impact and what it means for…
Continue ReadingMoneywise has compiled some reasons student loan debt isn’t just a challenge for millennial and Gen Z…
Continue ReadingMoneywise has compiled a list of ways to get started investing in…
Continue ReadingTo identify the top cities fostering new business growth in 2023, the data and research team at Swyft Filings turned to the most recent data from the…
Continue ReadingTop insurers thrive not by securing a monopoly but by finding the lowest-risk customers, according to rankings from the insurance shopping website…
Continue ReadingTo find out how small businesses are responding to recent financial challenges, Credibly consulted data from a Federal Reserve survey. …
Continue ReadingSmartAsset set out to see which professions had the highest salary increases by analyzing wage data from the Bureau of Labor Statistics for 751…
Continue ReadingBy Nathaniel Meyersohn, CNN New York (CNN) — A year after Democrats passed their sweeping $750 billion climate and health care law, it’s…
Continue ReadingAlexandra is a very attentive girlfriend. “Watching CUBS tonight?” she messages her boyfriend, but when he says he’s too busy to talk, she…
Continue ReadingBy Matt Egan, CNN New York (CNN) — Pump prices are creeping towards $4 a gallon nationally. The national average for regular gasoline hit $3.85…
Continue ReadingBy Liam Reilly, CNN New York (CNN) — Wendy McMahon was named president and chief executive officer of CBS News, the network’s local TV…
Continue ReadingIn March 2020, many US restaurants had to shut their doors during the early days of the Covid pandemic in accordance with local…
Continue Reading“Barbie” has broken numerous records since its July 21 opening and the summer blockbuster is close to breaking another…
Continue ReadingIf you’re sitting in rush-hour traffic in Arlington, Virginia, there’s a good chance you’ll spot Hunter Scott in his helmet and elbow pads…
Continue ReadingToyota has issued a voluntary recall for certain 2022 and 2023 Tundra and Tundra Hybrid trucks in its largest recall of…
Continue ReadingBy Chris Isidore and Samantha Delouya, CNN New York (CNN) — Another rival steel producer has jumped into the bidding war to takeover US Steel.…
Continue ReadingBy Allison Morrow, CNN New York (CNN) — Coinbase is launching an independent nonprofit organization for advancing pro-crypto legislation…
Continue ReadingBy Jordan Valinsky, CNN Business New York (CNN) — San Francisco residents were caught off guard this weekend after Cruise self-driving cars…
Continue ReadingBy Eva Rothenberg, CNN New York (CNN) — Hawaiian Electric’s stock tumbled to a 13-year low Monday morning, plummeting nearly 40% after a…
Continue ReadingBy Jordan Valinsky, CNN Business New York (CNN) — It’s true: Dunkin’ is turning two of its most popular drinks into boozy beverages. After…
Continue ReadingBy Oliver Darcy, CNN New York (CNN) — CNN on Monday announced a sweeping new lineup, elevating a new generation of rising stars to key time…
Continue ReadingBy Clare Duffy, CNN Video by John General, Deborah Brunswick and FJ Feng, CNN New York (CNN) — Warmer and cleaner waters off the coast of Long…
Continue ReadingBy Juliana Liu, CNN (CNN) — Mark Zuckerberg says Elon Musk “isn’t serious” about a cage fight and “it’s time to move on” from their…
Continue ReadingBy Hanna Ziady, CNN London (CNN) — The ruble hit a 17-month low against the dollar Monday, highlighting the growing squeeze on Russia’s…
Continue ReadingCNN By Laura He, CNN Hong Kong (CNN) — Country Garden, one of China’s top property developers, suspended trading in 11 of its onshore bonds…
Continue ReadingBy Laura He, CNN Hong Kong (CNN) — Country Garden, one of China’s top property developers, suspended trading in 11 of its onshore bonds on…
Continue ReadingCNN, KWCH-DT By Jon Passantino, CNN (CNN) — Dozens of news organizations on Sunday condemned a police raid on a Kansas newspaper and its…
Continue ReadingBy Jon Passantino, CNN (CNN) — Dozens of news organizations on Sunday condemned a police raid on a Kansas newspaper and its publisher’s home,…
Continue ReadingBy Oliver Darcy, CNN Business (CNN) — CBS News President and co-head Neeraj Khemlani, who has led the Tiffany Network’s news division and…
Continue ReadingBy Jennifer Korn, CNN New York (CNN) — United States Steel Corp. (X) is considering a sale after fielding acquisition offers, according to a…
Continue ReadingBy Eva Rothenberg, CNN New York (CNN) — The public’s anxiety over new AI technology is misguided, according to theoretical physicist Michio…
Continue ReadingBy Tami Luhby, CNN New York (CNN) — When the Arizona Food Bank Network received a call that Taylor Swift wanted to make a hefty donation to the…
Continue ReadingBy Catherine Thorbecke, CNN (CNN) — For months, Eveline Fröhlich, a visual artist based in Stuttgart, Germany, has been feeling “helpless”…
Continue ReadingBy Nathaniel Meyersohn, CNN New York (CNN) — A bedrock federal law designed to protect the environment and empower local communities is being…
Continue ReadingBy Ramishah Maruf, CNN New York (CNN) — The early estimate of the areas encompassed by the devastating Maui wildfires includes about $1.3…
Continue ReadingCNN By Ramishah Maruf, CNN New York (CNN) — The devastating Maui wildfires, which have killed dozens of people and displaced thousands more,…
Continue ReadingBy Samantha Delouya and Andy Rose, CNN (CNN) — Amazon founder Jeff Bezos and his fiancée Lauren Sánchez are pledging $100 million dollars to…
Continue ReadingBy Oliver Darcy and Jon Passantino, CNN (CNN) — Fox Corporation on Friday said its top lawyer, Viet Dinh, will exit the company in a…
Continue ReadingBy Katie Lobosco, CNN Washington (CNN) — The Internal Revenue Service cannot locate thousands of microfilm cartridges storing millions of…
Continue ReadingBy Jordan Valinsky, CNN Business New York (CNN) — Target is recalling 2.2 million candles following reports that the glass jars containing them…
Continue ReadingUS wholesale inflation rose more than expected in July, reversing a yearlong cooling trend, the Bureau of Labor Statistics reported…
Continue ReadingUS inflation has had a snowballing effect on family…
Continue ReadingThe UK economy grew slightly in the three months to June 30, driven by strong rises in manufacturing and consumer and government…
Continue ReadingOil prices have soared about 20% since late June but they could go even higher this year if the OPEC+ alliance sticks to its policy of restraining…
Continue ReadingBy Bryan Mena, CNN Washington, DC (CNN) — Americans became slightly less optimistic about the economy this month, following two straight months…
Continue ReadingBy Allison Morrow and Lauren del Valle, CNN New York (CNN) — A federal judge revoked bail for FTX co-founder Sam Bankman-Fried, citing probable…
Continue ReadingBy Brian Fung, CNN Washington, DC (CNN) — Amazon has warned some of its US-based office workers that it is keeping a close eye on their…
Continue ReadingCNN By Bryan Mena, CNN Washington, DC (CNN) — Americans became slightly less optimistic about the economy this month, following two straight…
Continue ReadingBy Elliott Gotkine, CNN Tel Aviv, Israel (CNN) — Almost every weekend for more than 30 weeks, tens of thousands of Israelis have taken to the…
Continue ReadingBy Nadia Bidarian, CNN (CNN) — California regulators gave approval Thursday to two rival robotaxi companies, Cruise and Waymo, to operate their…
Continue ReadingBy Michelle Toh, CNN Hong Kong (CNN) — One of China’s biggest property developers says it has burned through up to $7.6 billion in the first…
Continue ReadingBy Kathleen Magramo (CNN) — New Zealand’s government plans to compel large businesses to report the state of their gender pay gaps in a bid…
Continue ReadingBy Samantha Delouya, CNN (CNN) — Residents of Maui have suffered widespread devastation as wildfires ravage the Hawaiian island, along with…
Continue ReadingBy Brian Fung and Devan Cole, CNN Washington, DC (CNN) — The Biden administration on Thursday defended its communications with social media…
Continue ReadingIt’s Barbie’s world and you’re not escaping…
Continue ReadingBy Jon Passantino and Ramishah Maruf, CNN New York (CNN) — The Writers Guild of America and Hollywood studios have agreed to meet on Friday to…
Continue ReadingBy Samantha Murphy Kelly, CNN New York (CNN) — Portable mobile hotspots have arrived in Maui to help bring internet service to the thousands of…
Continue ReadingBy Darya Tarasova, Tim Lister and Radina Gigova, CNN The founder and former CEO of Russia’s largest internet company, Arkady Volozh, has slammed…
Continue ReadingBy Clare Duffy, CNN New York (CNN) — X CEO Linda Yaccarino, leader of the platform formerly known as Twitter, said the company is keeping an…
Continue ReadingCNN By Nathaniel Meyersohn and Ellie Stevens, CNN New York (CNN) — The catastrophic wildfires in Maui have destroyed homes, churches,…
Continue ReadingThe Walt Disney Company is hiking prices for its Disney+ streaming service again, as its third-quarter earnings report showed revenue struggles…
Continue ReadingBy Anna Bahney, CNN Washington, DC (CNN) — US mortgage rates rose for the third week in a row but stayed just under the 7% threshold. The…
Continue ReadingThe latest Consumer Price Index shows that shelter costs contributed 90% of total inflation last month — but there’s a sharp turnaround ahead,…
Continue ReadingMore Americans are failing to make payments on their credit cards and auto loans, another sign of rising financial pressure on…
Continue ReadingNatural gas prices have spiked again this week, just as Europe prepares for the heating…
Continue ReadingBy Alicia Wallace, CNN Minneapolis (CNN) — For the first time in more than 12 months, the pace of consumer price hikes accelerated on an annual…
Continue ReadingBy Jennifer Korn New York (CNN) — Twitter has officially rebranded as X — so owner Elon Musk is holding a giant garage sale to purge the…
Continue ReadingBy Danielle Wiener-Bronner, CNN New York (CNN) — Grocery prices ticked up 0.3% in July, after staying flat in June, driven largely by rising…
Continue ReadingBy Clare Duffy, CNN New York (CNN) — An author is raising alarms this week after she found new books being sold on Amazon under her name —…
Continue ReadingBy Jordan Valinsky, CNN New York (CNN) — Michael Kors and Kate Spade are about to become siblings. Tapestry Inc., which owns Kate Spade and…
Continue ReadingBy Pete Muntean, CNN New York (CNN) — The federal government is allowing airlines to continue to run reduced flight schedules to major airports…
Continue ReadingCNN, CNN BUSINESS By Donie O’Sullivan, CNN Las Vegas, Nevada (CNN) — Thousands of hackers will descend on Las Vegas this weekend for a…
Continue ReadingBy Anna Bahney, CNN Washington, DC (CNN) — Rents in Manhattan hit another all-time high in July, the third record high in the past four months,…
Continue ReadingBy Ramishah Maruf, CNN New York (CNN) — Yang Huiyan, the chair of real-estate giant Country Garden and one of China’s richest women, has lost…
Continue ReadingCNN By Darya Tarasova, Tim Lister and Radina Gigova, CNN The founder and former CEO of Russia’s largest internet company, Arkady Volozh, has…
Continue ReadingBy Samantha Murphy Kelly, CNN (CNN) — Thousands of people in Maui are without cell service as the wildfires continue to rage out of control on…
Continue ReadingCNN, KGO, WILX, WBZ, KCAL, KCBS By Parija Kavilanz, CNN New York (CNN) — It’s Barbie’s world and you’re not escaping it. Pink, in all its…
Continue ReadingBy Nathaniel Meyersohn, CNN New York (CNN) — Barbie has already pulled in over a billion dollars. That still may not be enough to save AMC…
Continue ReadingBy Matt Egan, CNN Business New York (CNN Business) — Critics accuse President Joe Biden of waging a war on the oil industry that is hurting…
Continue ReadingBy Brian Fung, CNN Washington (CNN) — A judicial order forcing Apple to change some of its app store terms will not need to take immediate…
Continue ReadingMoody’s on Monday evening downgraded 10 US banks and put the credit ratings of six others on review, an indication that the agency could also…
Continue ReadingOne ticket sold in Florida has won Tuesday night’s estimated $1.58 billion Mega Millions jackpot – expected to be the largest in the lottery’s…
Continue ReadingBy Vanessa Yurkevich, CNN New York (CNN) — It’s the summer of girl power, fueled by Beyoncé, Taylor Swift and “Barbie.” Millions of…
Continue ReadingBy Peter Valdes-Dapena, CNN (CNN) — The new all-electric Cadillac Escalade IQ shares virtually nothing with the boxy gas-powered Escalade, but…
Continue ReadingBy Cheri Mossburg, CNN Los Angeles (CNN) — Striking hotel workers in Southern California filed a complaint on Monday with the National Labor…
Continue ReadingBy Nathaniel Meyersohn, CNN New York (CNN) — New Jersey is now the only state in America where it’s illegal for drivers to pump their own…
Continue ReadingBy Brian Fung, CNN Washington (CNN) — Pope Francis warned that artificial intelligence could pose a risk to society, highlighting its…
Continue ReadingBy Anna Cooban, CNN London (CNN) — Banking stocks in Italy and elsewhere in Europe rebounded Wednesday after the country watered down a plan to…
Continue ReadingBy Michelle Toh, CNN Hong Kong (CNN) — Dentons, the world’s biggest law firm by number of employees, is distancing itself from its business…
Continue ReadingBy Laura He, CNN Hong Kong (CNN) — Investor confidence in China’s troubled property sector has been rocked again this week by reports that…
Continue ReadingBy Laura He, CNN Hong Kong (CNN) — The Chinese economy has slipped into deflation, with consumer prices falling for the first time in more than…
Continue ReadingBy Marshall Cohen, CNN (CNN) — The voting technology company Smartmatic blasted Rudy Giuliani in court filings Monday night, accusing him of…
Continue ReadingCNN By Samantha Delouya, CNN (CNN) — The future of WeWork is uncertain, according to the company. “Substantial doubt exists” about…
Continue ReadingBy Ramishah Maruf, CNN New York (CNN) — Casino owner PENN Entertainment has dropped Barstool, the sports website, agreeing to a $2 billion…
Continue Reading