Stocks tumble as Moody’s warns it could cut credit ratings of 6 big US banks
By Olesya Dmitracova, CNN (CNN) — Moody’s has put the credit ratings of six large US banks, including Bank of New York Mellon, State Street…
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By Olesya Dmitracova, CNN (CNN) — Moody’s has put the credit ratings of six large US banks, including Bank of New York Mellon, State Street…
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By Samantha Murphy Kelly, CNN (CNN) — Jamie Thompkins works full-time as an events manager in Oklahoma City, Oklahoma, but stays up well past…
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By Jordan Valinsky, CNN New York (CNN) — Thousands of flights have been delayed or canceled Tuesday following a round of severe storms that…
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By Laura He, CNN Hong Kong (CNN) — China’s exports suffered their biggest drop in more than three years in July as global demand slowed,…
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By Michelle Toh, CNN Hong Kong (CNN) — A top executive at HSBC has apologized after reportedly calling the UK government “weak” for caving…
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By Eva Rothenberg, CNN (CNN) — Some might say Weird Barbies are made, not sold. Mattel, however, begs to differ. The toy company behind the…
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CNN By Eva Rothenberg, CNN (CNN) — Some might say Weird Barbies are made, not sold. Mattel, however, begs to differ. The toy company behind the…
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By Ramishah Maruf, CNN New York (CNN) — Troubled plant-based meat company Beyond Meat (BYND) posted a 30% revenue decline in the second quarter…
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CNN By Jordan Valinsky, CNN New York (CNN) — Thousands of flights have been delayed or canceled Tuesday following a round of severe storms that…
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By Eva Rothenberg, CNN New York (CNN) — Iconic canned soup company Campbell is expanding its reach in the Italian food market. Campbell (CPB)…
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By Samantha Delouya, CNN (CNN) — Over 11,000 Los Angeles city workers are planning to strike on Tuesday, according to the union that represents…
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CNN By Samantha Delouya, CNN (CNN) — Over 11,000 Los Angeles city workers are planning to strike on Tuesday, according to the union that…
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By Ramishah Maruf, CNN New York (CNN) — Paramount has agreed to sell Simon & Schuster to private equity firm KKR for $1.6 billion in cash,…
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Recently I was carded for trying to buy a lemonade. I thought the cashier was joking. Then she pointed to the label reading “spiked.” I laughed…
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By Gregory Wallace and Eva Rothenberg (CNN) — More than 9,000 flights have been impacted by the severe summer storms that are pounding the…
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By Allison Morrow, CNN New York (CNN) — PayPal is rolling out its first stablecoin as it attempts to capitalize on the “emerging potential”…
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By Danielle Wiener-Bronner, CNN New York (CNN) — Chicken prices are down. That’s good news for chicken eaters, but bad news for Tyson Foods.…
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A senior official at the Federal Reserve is pushing back against growing hopes on Wall Street that the central bank could be nearly done raising…
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By Jennifer Korn New York (CNN) — Google is moving ahead with its plan to delete accounts that have been inactive for at least two years.…
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By The Associated Press NEW YORK (AP) — There’s no shaking it. Your chances of winning the lottery are extremely slim. After no big winner Friday…
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Cold drinks are hotter than…
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A record Mega Millions jackpot may be in play after no ticket matched all winning numbers in Friday night’s drawing, the lottery…
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In the 1910s, US cities began enacting policies that would shape neighborhoods and, unintentionally, lay the roots for the severe housing shortage…
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SmartAsset analyzed data from the IRS and Bureau of Labor Statistics to determine the minimum income required to be among the top 1% of earners in…
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The crushing demand for AI has also revealed the limits of the global supply chain for powerful chips used to develop and field AI…
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“Barbie” has answered the billion-dollar question with a resounding…
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On the same day “Barbie” passed its billion-dollar box office milestone, the other half of the viral “Barbenheimer” phenomenon blew past the…
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By Peter Valdes-Dapena, CNN Business New York (CNN) — Tesla’s “Master of Coin” and Chief Financial Officer Zachary Kirkhorn has stepped…
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By Olesya Dmitracova, CNN London (CNN) — Industrial production in Europe’s biggest economy fell 1.5% in June compared with May, driven by a…
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By Chris Isidore and Michelle Toh, CNN New York/Hong Kong (CNN) — Yellow Corp., a once-dominant US trucking company, has filed for bankruptcy…
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CNN, WBZ, WARNER BROS. PICTURES, PARAMOUNT, UNIVERSAL PICTURES, UNIVERSAL, BOX OFFICE PRO, Warner Bros. Pictures/Universal By Eva Rothenberg, CNN New…
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By Eva Rothenberg, CNN (CNN) — The possible showdown between Elon Musk and Mark Zuckerberg will be streamed on X, formerly known as Twitter,…
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By Eva Rothenberg, CNN (CNN) — The US economy is resilient, but policymakers need to take the long view on the country’s fiscal challenges,…
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By Alicia Wallace, CNN Minneapolis (CNN) — A slew of new bills signed into law by Republican Florida Gov. Ron DeSantis has draped the Sunshine…
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By Matt Egan, CNN New York (CNN) — The Wells Fargo glitch that made some customers’ direct deposits disappear from their bank accounts is…
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By Eva Rothenberg, CNN New York (CNN) — Berkshire Hathaway on Saturday reported a jump in earnings in the second quarter of 2023, recovering…
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By Ellie Stevens, CNN (CNN) — What are some of the most packed movie screenings at the Maya Cinemas Fresno 16 in Fresno, California, these…
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CNN By Alicia Wallace, CNN Minneapolis (CNN) — A slew of new bills signed into law by Republican Florida Gov. Ron DeSantis has draped the…
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By Samantha Delouya, CNN (CNN) — Billionaire investor Leon Black struck a multi-million dollar settlement with the government of the US Virgin…
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By Michelle Toh, CNN Hong Kong (CNN) — What happens when Asia’s biggest potato chip maker runs out of potatoes? Japanese snack brand Calbee…
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By Samantha Delouya, CNN Los Angeles (CNN) — Wells Fargo is once again cleaning up trouble with its customers’ bank accounts, and there are…
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By Peter Valdes-Dapena, CNN New York (CNN) — The president and chief executive of Nikola, the Arizona-based electric and hydrogen semi truck…
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By Brian Fung, CNN Washington (CNN) — Google will not have to face allegations by dozens of states that the tech giant’s design of its search…
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By Alicia Wallace, CNN Minneapolis (CNN) — The US job market has returned to pre-pandemic form. Employers added just 187,000 jobs in July, slightly…
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The gulf between a CEO’s paycheck and their typical employee’s has always been vast. But the advent of AI is already threatening to exacerbate…
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The Federal Communications Commission on Thursday cracked down on a massive illegal robocall operation responsible for billions of auto-warranty scam…
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This summer’s historic heatwave is making life more expensive for American…
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Mattel says it is conducting a nationwide job search for a “Chief Uno player.” The salary: $277 an…
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By Jay Croft, CNN (CNN) — The winning numbers for Friday night’s Mega Millions jackpot, estimated at $1.35 billion, are 11-30-45-52-56 with a…
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Global food prices ticked up last month after Russia pulled out of a deal to allow the safe passage of ships carrying grain from Ukrainian…
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By Catherine Thorbecke, CNN (CNN) — Google unveiled new privacy updates this week that lets US users have a wee bit more control over the…
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By Rhea Mogul, CNN (CNN) — India has placed restrictions on the import of computers and laptops in a surprise move from the government of Prime…
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By Samantha Delouya, CNN Los Angeles (CNN) — Wells Fargo is dealing with a technical issue that has resulted in customers reporting that their…
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Consumers are pulling back on discretionary spending, and Papa Johns is taking a…
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By Jessica Xing, CNN (CNN) — The New York City Council approved a bill Thursday to make the pandemic-era outdoor dining program a permanent…
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By Parija Kavilanz, CNN New York (CNN) — “Swifties” heading to Los Angeles to see Taylor Swift concerts this week may find a large number…
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By Catherine Thorbecke, CNN (CNN) — Apple said Thursday that its revenue slipped 1% to $81.8 billion for its quarter ending July 1, marking the…
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By Ramishah Maruf, CNN New York (CNN) — Amazon (AMZN)’s sales boomed on strong demand in the second quarter for its wide range of products,…
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By Peter Valdes-Dapena, CNN Business (CNN) — Hyundai and Kia are recalling about 90,000 cars and SUVs in the United States and warning owners…
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By Danielle Wiener-Bronner, CNN New York (CNN) — Last month, the Indian government announced an abrupt ban on exporting non-basmati white rice,…
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Electric vehicles can offer several benefits like quietness, smooth power delivery and lower operating…
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Despite Tuesday’s credit rating downgrade amid concerns about the challenges facing the United States, markets and economists are expecting another…
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In a lawsuit filed on Wednesday, a Louisiana woman is claiming she has suffered severe injuries due to her use of Ozempic and Mounjaro, which were…
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US mortgage rates jumped this week, climbing closer to 7%. The move follows last week’s rate hike from the Federal Reserve, and the downgrade this…
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By Allison Morrow and Holmes Lybrand, CNN (CNN) — A husband and wife, whose eccentricities and alleged crimes earned them the nickname…
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by Brian Fung Washington, DC (CNN) — Threads, Meta’s Twitter rival, is struggling to retain users roughly a month after its highly publicized…
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By Nathaniel Meyersohn, CNN New York (CNN) — Amazon has faced challenges getting shoppers to buy groceries in its Amazon Fresh grocery stores…
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By Krystal Hur, CNN New York (CNN) — Warren Buffett is shrugging off Fitch Ratings’ historic downgrade of US credit from the top AAA grade to…
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By Matt Egan, CNN New York (CNN) — OPEC leader Saudi Arabia is extending its oil production cut for at least another month in a move that…
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By Jordan Valinsky, CNN New York (CNN) — Federal law enforcement agents executed a search warrant and subpoenaed World Wrestling Entertainment…
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By Chris Isidore, CNN Business New York (CNN) — Warner Bros. Discovery reported a larger-than-forecast loss in the second quarter, but the loss…
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By Anna Cooban, CNN London (CNN) — The Bank of England raised interest rates by a quarter of a percentage point Thursday as inflation remains…
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By Michelle Toh, CNN Hong Kong (CNN) — The world’s largest brewer is counting the costs of being swept into a controversy over Bud Light in…
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By Anna Cooban, CNN London (CNN) — Adidas upgraded its earnings outlook for the year Thursday, in part because of demand for the company’s…
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By Simone McCarthy Hong Kong (CNN) — China is proposing new measures to curb the amount of time that kids and teens can spend on their phones,…
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By Oliver Darcy, CNN (CNN) — A federal judge handed down a rare and alarming court decision this week that could have significant implications…
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By Anna Bahney, CNN (CNN) — The credit ratings of US mortgage giants Freddie Mac and Fannie Mae were downgraded by Fitch Ratings on Wednesday,…
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By Ramishah Maruf, CNN New York (CNN) — Dua Lipa’s hit song ‘Levitating’ is back in court. The star and Warner Music Group are facing a…
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By Bryan Mena and Jeanne Sahadi, CNN (CNN) — There may not be any lasting major negative ramifications from the surprise US credit rating…
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Millions of Americans could receive their tax refunds more quickly in coming years as the Internal Revenue Service brings its technology further into…
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Task Group analyzed the growth in contactless card payments over the past few years, using industry reports, survey data, and news…
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To see where financial advisors earn the most, SmartAsset compared data for 126 cities and ranked them by the median annual income in each – as…
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By Parija Bhatnagar, CNN New York (CNN) — Taylor Swift is going out in “Style.” On the eve of wrapping up the US leg of her wildly…
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Global stock markets fell Wednesday after ratings agency Fitch downgraded its US credit rating, citing “a steady deterioration in standards of…
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Just three years after being discontinued in North America, the Toyota Land Cruiser is coming back — with an all-new, retro-styled design. Besides…
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By Matt Egan, CNN Business New York (CNN Business) — Fitch Ratings is defending its controversial decision to downgrade the US credit rating by…
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By Jon Passantino and Chris Isidore, CNN New York (CNN) — Hollywood studios on Tuesday asked the Writers Guild back to the negotiating table in…
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By Ramishah Maruf, CNN New York (CNN) — YouTuber MrBeast is suing the ghost kitchen behind MrBeast Burger to stop production of its popular…
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CNN By Peter Valdes-Dapena, CNN New York (CNN) — Just three years after being discontinued in North America, the Toyota Land Cruiser is coming…
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By Robert Ilich and Wayne Sterling, CNN (CNN) — Golf’s power structure took a sharp shift to the players Tuesday when Tiger Woods was named…
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CNN, POOL, SENATE TV, FITCH RATINGS, THE WHITE HOUSE, @LHSUMMERS, MOODY’S ANALYTICS By Elisabeth Buchwald, CNN (CNN) — Fitch Ratings…
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By Danielle Wiener-Bronner, CNN New York (CNN) — Starbucks’ China business is back after dropping due to Covid restrictions last year. In the…
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By Elisabeth Buchwald, CNN (CNN) — Fitch Ratings downgraded its US debt rating on Tuesday from the highest AAA rating to AA+, citing “a…
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By Nicole Goodkind, CNN New York (CNN) — A Congressional select committee is investigating BlackRock, the world’s largest asset manager, and…
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By Parija Kavilanz, CNN New York (CNN) — Lunchables, which is making its way into school lunchrooms this fall, is testing out yet another…
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By Ramishah Maruf, CNN New York (CNN) — General Motors said Tuesday is recalling almost 900 vehicles worldwide because the Takata-made air bag…
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By Catherine Thorbecke, CNN New York (CNN) — Amazon’s virtual clinic is now available in all 50 states and Washington, D.C., the company…
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By Jack Guy and Junko Ogura, CNN (CNN) — The Warner Bros. Film Group has apologized after the Twitter account for its “Barbie” film sparked…
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By Brian Fung, CNN Washington (CNN) — Meta has begun to remove news content from Facebook and Instagram in Canada, the social media giant said…
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By Chris Isidore, CNN New York (CNN) — Since Sunday, Mark Roper, a truck driver for 32 years, has been out of a job, along with 30,000 of his…
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