Money Archives

The Buick Roadmaster Tom Cruise drove in ‘Rain Man’ is up for sale

January 26, 2022 8:41 AM CNN

By Peter Valdes-Dapena, CNN Business It wasn’t exactly “The Fast and the Furious” — pretty much the opposite — but the 1988…

The Buick Roadmaster Tom Cruise drove in ‘Rain Man’ is up for sale

January 26, 2022 8:36 AM CNN Newsource

By Peter Valdes-Dapena, CNN Business It wasn’t exactly “The Fast and the Furious” — pretty much the opposite — but the 1988…

Wynn Resorts wants to bring ‘gaming’ to the UAE

January 26, 2022 7:59 AM CNN Newsource

By Celine Alkhaldi, Eoin McSweeney and Hamzeh Noami, CNN Casino operator Wynn Resorts has inked a deal to build a luxury resort in Ras Al Khaimah in…

A year after GameStop mania, meme stocks have tumbled

January 26, 2022 7:44 AM CNN

By Paul R. La Monica, CNN Business It’s been a little more than a year since the meme mania in GameStop began. It’s shaped up to be, to…

Wordle-spoiling bot taken down by Twitter

January 26, 2022 7:36 AM CNN

By Jordan Valinsky, CNN Business Twitter has suspended an annoying bot that automatically responded with the next day’s solution when people…

Surging food prices are hurting those who can least afford it. This is what needs to happen

January 26, 2022 6:59 AM CNN Newsource

Opinion by Dana Peterson for CNN Business Perspectives Prices are rising for nearly everything, biting into everyone’s income. But the surging…

Most major employers are keeping vaccine mandate for workers, despite Supreme Court ruling

January 26, 2022 6:24 AM CNN Newsource

By Chris Isidore, CNN Business Many major employers are going ahead with policies to require employees to take steps to combat Covid-19, even if the…

Rate hikes have been good for stocks. This time might be different

January 26, 2022 6:18 AM CNN Newsource

By Julia Horowitz, CNN Business The market has churned intensely this week as investors get to grips with expectations that the Federal Reserve will…

Boeing posts massive charge for 787 Dreamliner problems, sending losses soaring

January 26, 2022 6:11 AM CNN Newsource

By Chris Isidore, CNN Business Boeing took nearly $4 billion in charges related to problems it had with its 787 Dreamliner, causing losses to soar…

Apple posted record holiday quarter sales despite supply constraints

January 26, 2022 6:04 AM CNN

By Samantha Murphy Kelly, CNN Business Apple posted record revenue during the all-important holiday quarter even as it continued to grapple with…

It sure looks like GM is about to pull the plug on the Bolt

January 26, 2022 5:38 AM CNN Newsource

By Chris Isidore, CNN Business Time could be running out for the Chevrolet Bolt, the electric vehicle that only five years ago was positioned as…

A year after GameStop mania, meme stocks have tumbled

January 26, 2022 4:52 AM CNN Newsource

By Paul R. La Monica, CNN Business It’s been a little more than a year since the meme mania in GameStop began. It’s shaped up to be, to…

Why economists believe 2021 ended on a high note despite Omicron

January 26, 2022 4:31 AM CNN Newsource

By Anneken Tappe, CNN Business The Omicron variant put America’s recovery through the ringer. But the post-Thanksgiving timing may mean the…

‘Fight Club’ has a new ending in China. And this time, the authorities win

January 26, 2022 1:05 AM CNN Newsource

By Nectar Gan and CNN’s Beijing Bureau, CNN Business More than two decades after its release, “Fight Club” has been given a very…

China pledges ‘purification’ of the internet ahead of the Beijing Winter Olympics and the Lunar New Year

January 26, 2022 12:23 AM CNN Newsource

By Laura He, CNN Business China’s top cybersecurity regulator is vowing to crack down on “illegal” online content as part of a…

Tim Cook allegedly stalked by woman who trespassed and sent photos of a loaded gun

January 25, 2022 4:17 PM CNN Newsource

By Samantha Murphy Kelly, CNN Business Apple has been granted a restraining order against a woman who allegedly threatened, harassed and stalked CEO…

Some manufacturers have less than 5 days’ supply of computer chips, Commerce Department warns

January 25, 2022 3:08 PM CNN Newsource

By Clare Duffy, CNN Business Some manufacturers that rely on semiconductors are down to less than five days’ worth of inventory, according to a…

What the stock market will never get about rate hikes

January 25, 2022 2:05 PM CNN

By Paul R. La Monica, CNN Business The Federal Reserve may have a playbook for how it plans to tackle inflation and keep the economy humming along.…

Johnson & Johnson expects its Covid vaccine sales to surge — but still lag its rivals

January 25, 2022 2:04 PM CNN Newsource

By Chris Isidore, CNN Business Johnson & Johnson, the world’s largest health care products company, reported that sales of its Covid…

IMF slashes US and China growth forecasts

January 25, 2022 1:03 PM CNN

By Julia Horowitz, CNN Business The pandemic will continue to stoke uncertainty and inflation in its third year, undermining the global recovery from…

Flying car cleared for takeoff, but you’ll need a pilot’s license

January 25, 2022 12:27 PM CNN Newsource

A car that can transform into a small aircraft has passed flights tests with flying colors in Slovakia, developers…

First on CNN: Bank of America is giving workers $1 billion of stock

January 25, 2022 12:20 PM CNN Newsource

By Matt Egan, CNN Business Bank of America is handing out $1 billion worth of restricted stock to virtually its entire workforce as the bank seeks to…

Flying car cleared for takeoff, but you’ll need a pilot’s license

January 25, 2022 11:47 AM CNN

By Robert North, Radina Gigova and Sana Noor Haq, CNN A car that can transform into a small aircraft has passed flights tests with flying colors in…

Flying car cleared for takeoff, but you’ll need a pilot’s license

January 25, 2022 10:39 AM CNN Newsource

By Robert North, Radina Gigova and Sana Noor Haq, CNN A car that can transform into a small aircraft has passed flights tests with flying colors in…

43 million viewers make Bills-Chiefs most-watched TV event since last year’s Super Bowl

January 25, 2022 10:31 AM CNN Newsource

By Brian Stelter, CNN Business None of the headwinds facing legacy broadcast television are strong enough to stop the NFL right now. This past…

These 4 states have fully regained the jobs lost during the pandemic

January 25, 2022 10:06 AM CNN Newsource

America’s job market hasn’t fully recovered yet. But some states are already back to…

The 2021 tax filing season has begun. Here’s what you need to know

January 25, 2022 10:19 AM CNN Newsource

The federal tax filing season has…

AmEx stock soars nearly 10% as customers go on spending spree

January 25, 2022 8:04 AM CNN Newsource

By Paul R. La Monica, CNN Business American Express customers clearly didn’t leave home without their credit cards when they went shopping this…

Stocks finish lower, dashing hopes for a turnaround Tuesday

January 25, 2022 7:32 AM CNN Newsource

By Anneken Tappe, CNN Business Investors better fasten their seat belts because there’s no sign of volatility letting up on Wall Street. Stocks…

Home prices are starting to lose steam

January 25, 2022 7:26 AM CNN Newsource

By Anna Bahney Overheated home prices continue to show signs of cooling off a bit. Home prices rose 18.8% year-over-year in November, according to…

Starbucks is launching an energy drink

January 25, 2022 7:11 AM CNN Newsource

By Danielle Wiener-Bronner, CNN Business Starbucks is giving customers new ways to perk up: a line of energy drinks called Starbucks Baya Energy and…

IMF slashes US and China growth forecasts

January 25, 2022 7:01 AM CNN Newsource

By Julia Horowitz, CNN Business The pandemic will continue to stoke uncertainty and inflation in its third year, undermining the global recovery from…

The 2021 tax filing season has begun. Here’s what you need to know

January 25, 2022 6:40 AM CNN

By Jeanne Sahadi, CNN Business The federal tax filing season has begun. And it’s going to be tough sledding for the IRS — and for some…

Sarah Palin allegedly flouted Covid-19 rules by dining indoors unvaccinated ahead of trial

January 25, 2022 6:31 AM CNN Newsource

By Sonia Moghe, CNN A Manhattan restaurant is looking into its enforcement of vaccine requirements for indoor dining, after Sarah Palin allegedly…

Get ready for more wild swings. Volatile markets are back

January 25, 2022 6:20 AM CNN Newsource

By Julia Horowitz, CNN Business After a long period of calm, market volatility has returned in dramatic fashion. What’s happening: US stock…

Elon Musk is about to get a lot richer

January 25, 2022 5:51 AM CNN Newsource

By Chris Isidore, CNN Business It’s been a rough start to 2022 for the world’s richest person. He’s not too worried, though. Elon…

Exclusive: Simply Lemonade is becoming a boozy beverage

January 25, 2022 5:35 AM CNN Newsource

By Jordan Valinsky, CNN Business Coca-Cola is turning another one of its drinks into an alcoholic alternative. It’s the company’s third…

Unilever cuts 1,500 management jobs in global overhaul

January 25, 2022 5:30 AM CNN Newsource

By Anna Cooban, CNN Business Unilever is cutting 1,500 management jobs around the world as the consumer goods giant comes under intense pressure from…

These 4 states have fully regained the jobs lost during the pandemic

January 25, 2022 4:25 AM CNN Newsource

By Anneken Tappe, CNN Business America’s job market hasn’t fully recovered yet. But some states are already back to normal. In November,…

Bob Dylan sells his entire catalog of recorded music to Sony Music

January 25, 2022 3:06 AM CNN Newsource

By Diksha Madhok, CNN Business Bob Dylan has sold his entire catalog of recorded music to Sony Music. The recording company described the deal for 60…

How Putin’s $11 billion pipeline split NATO and the EU at a time of crisis

January 24, 2022 10:38 PM CNN Newsource

By Ivana Kottasová, CNN An undersea pipeline set to deliver gas from Russia to Germany has become exactly what the two countries have always…

How Putin’s $11 billion pipeline split NATO and the EU at a time of crisis

January 24, 2022 10:00 PM CNN

By Ivana Kottasová, CNN An undersea pipeline set to deliver gas from Russia to Germany has become exactly what the two countries have always…

Global stocks mixed as investors worry about Russia-Ukraine tensions and upcoming Fed plans

January 24, 2022 9:49 PM CNN Newsource

By Michelle Toh, CNN Business Global stocks were mixed Tuesday, after a dramatically volatile day on Wall Street fueled by concerns over the US…

Brian Williams turns down CBS News’ attempt to recruit him for the ‘Evening News’

January 24, 2022 9:21 PM CNN Newsource

By Oliver Darcy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…

Anxiety and anger grip press corps in Mexico after spate of murders

January 24, 2022 9:21 PM CNN

By Oliver Darcy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…

Evergrande asks international creditors for more time and warns that legal action could be ‘destructive’

January 24, 2022 9:19 PM CNN Newsource

By Laura He, CNN Business Evergrande is still trying to appease growing anger among its offshore creditors, who have threatened to take legal action…

The 2021 tax filing season has begun. Here’s what you need to know

January 24, 2022 2:03 PM CNN Newsource

By Jeanne Sahadi, CNN Business The federal tax filing season has begun. And it’s going to be tough sledding for the IRS — and for some…

Get ready for more wild swings. Volatile markets are back

January 24, 2022 12:40 PM CNN

By Julia Horowitz, CNN Business After a long period of calm, market volatility has returned in dramatic fashion. What’s happening: US stock…

Unlike Trump, Biden doesn’t use stocks to judge the economy, White House says

January 24, 2022 12:37 PM CNN Newsource

By Matt Egan, CNN Business The Biden administration is defending its economic track record as financial markets get hit by turmoil driven by concerns…

A cruise ship had an arrest warrant waiting in Miami. So it took passengers to the Bahamas

January 24, 2022 12:33 PM CNN Newsource

By Ramishah Maruf, CNN Business A cruise ship heading to Miami changed course to the Bahamas Saturday after a US judge issued an arrest warrant for…

So many people want a Ford Maverick that Ford’s stopped taking orders

January 24, 2022 12:32 PM CNN Newsource

By Peter Valdes-Dapena, CNN Business If you want a Ford Maverick pickup but haven’t placed an order already yet, time’s running out. On…

Robinhood and Coinbase shares fall to their lowest levels ever

January 24, 2022 12:13 PM CNN

By Paul R. La Monica, CNN Business The bloodbath in the cryptocurrency market is taking a gigantic toll on online brokerage stocks Robinhood and…

Robinhood and Coinbase shares hit their lowest levels ever

January 24, 2022 12:13 PM CNN Newsource

By Paul R. La Monica, CNN Business The bloodbath in the cryptocurrency market is taking a gigantic toll on online brokerage stocks Robinhood and…

Four attorneys general sue Google for ‘deceptive’ location tracking

January 24, 2022 11:29 AM CNN Newsource

By Brian Fung, CNN Business A bipartisan group of attorneys general sued Google on Monday, alleging that the technology giant has used “dark…

Sarah Palin allegedly flouted Covid-19 rules by dining indoors unvaccinated ahead of trial

January 24, 2022 11:04 AM CNN

By Sonia Moghe, CNN A Manhattan restaurant is looking into its enforcement of vaccine requirements for indoor dining, after Sarah Palin allegedly…

Getting paid on Venmo or Cash App? This new tax rule might apply to you

January 24, 2022 11:01 AM CNN Newsource

If you use payment apps like Venmo, PayPal or CashApp, the new year ushered in a change to an IRS tax reporting rule that could apply to some of your…

Krispy Kreme will give blood donors a dozen free doughnuts

January 24, 2022 5:31 AM CNN Newsource

By Jordan Valinsky, CNN Business Krispy Kreme is giving away free doughnuts to help combat a nationwide blood shortage. This week, the chain will…

Abigail Disney takes her fight to her family’s turf

January 24, 2022 10:47 AM CNN

By David Goldman, CNN Business Abigail Disney, a longtime critic of her family’s business, is taking her fight to Disney’s turf: The big…

The 5G-airlines crisis was mostly averted. Here’s what happened – and what we still don’t know

January 22, 2022 8:37 AM CNN Newsource

By Jackie Wattles and Pete Muntean, CNN Potentially abysmal air travel interruptions were narrowly avoided this week when wireless carriers made a…

What’s getting more expensive

January 24, 2022 11:02 AM CNN Newsource

Inflation and supply chain snags have sent prices for everyday items soaring, from Tide laundry detergent to new…

Thinking of buying a home in 2022? Here’s what to expect

January 24, 2022 11:04 AM CNN Newsource

If you’re one of many would-be homebuyers who got shut out of the real estate market last year, you might be hoping for better luck in…

Abigail Disney takes her fight to her family’s turf

January 24, 2022 10:31 AM CNN Newsource

By David Goldman, CNN Business Abigail Disney, a longtime critic of her family’s business, is taking her fight to Disney’s turf: The big…

Meta is building an AI supercomputer

January 24, 2022 10:24 AM CNN Newsource

By Rachel Metz, CNN Business Facebook has long bet that artificial intelligence can help it with the difficult task of moderating posts from its…

Kohl’s stock surges 35% after takeover offers

January 24, 2022 10:22 AM CNN Newsource

By Nathaniel Meyersohn, CNN Business Kohl’s stock surged nearly 35% in midday trading Monday following reports that at least two different…

Kohl’s, Peloton and Unilever have to watch their backs

January 24, 2022 10:13 AM CNN Newsource

By Paul R. La Monica, CNN Business Forget about all the boardroom intrigue on “Succession” and “Billions.” Real-life…

Financial adviser arrested and fired after throwing drink at smoothie shop employees following his son’s allergic reaction

January 24, 2022 9:57 AM CNN

By Chris Boyette, CNN A Connecticut man has been arrested and lost his job after video surfaced of him yelling at employees of a smoothie shop…

Rolls-Royce buyers are shockingly young

January 24, 2022 9:35 AM CNN Newsource

By Peter Valdes-Dapena, CNN Business If you picture a typical Rolls-Royce owner, you probably imagine someone with white hair and maybe also white…

Getting paid on Venmo or Cash App? This new tax rule might apply to you

January 24, 2022 9:14 AM CNN Newsource

By Jeanne Sahadi, CNN Business If you use payment apps like Venmo, PayPal or CashApp, the new year ushered in a change to an IRS tax reporting rule…

Financial adviser arrested and fired after throwing drink at smoothie shop employees following his son’s allergic reaction

January 24, 2022 8:50 AM CNN Newsource

By Chris Boyette, CNN A Connecticut man has been arrested and lost his job after video surfaced of him yelling at employees of a smoothie shop…

Stocks end higher after dramatic selloff

January 24, 2022 8:23 AM CNN Newsource

By Anneken Tappe, CNN Business On a wild day on Wall Street, stocks ended the day higher with a stunning turnaround just before the closing bell.…

Sarah Palin trial against New York Times delayed because of Palin’s positive Covid-19 test

January 24, 2022 8:15 AM CNN Newsource

By Reuters, Sonia Moghe and An Phung A judge on Monday delayed Sarah Palin’s defamation trial against The New York Times by 10 days to February…

Investors are feeling too giddy about the economy

January 24, 2022 8:03 AM CNN Newsource

Opinion by Mark Zandi for CNN Business Perspectives The pandemic continues to call the shots for the economy. Each wave of the virus has done…

How to access AT&T and Verizon’s new super fast 5G networks

January 24, 2022 6:44 AM CNN

By Samantha Murphy Kelly, CNN Business Many mobile device users in the United States now have access to blazing-fast internet speeds stemming from…

So many people want a Ford Maverick that Ford’s stopped taking orders

January 24, 2022 6:41 AM CNN

By Peter Valdes-Dapena, CNN Business If you want a Ford Maverick pickup but haven’t placed an order already yet, time’s running out. On…

Peloton should put itself up for sale and fire its CEO, activist investor demands

January 24, 2022 6:33 AM CNN Newsource

By Jordan Valinsky, CNN Business The knives are out for Peloton and CEO John Foley. Blackwells Capital, an activist investor that owns less than 5%…

Russian invasion would bring more fear to markets

January 24, 2022 6:23 AM CNN

By Julia Horowitz, CNN Business Uncertainty around the Federal Reserve’s plans just drove Wall Street to its worst week since the start of the…

Russian invasion would bring more fear to markets

January 24, 2022 6:23 AM CNN Newsource

By Julia Horowitz, CNN Business Uncertainty around the Federal Reserve’s plans just drove Wall Street to its worst week since the start of the…

Ford reveals dune-jumping Bronco Raptor

January 24, 2022 4:44 AM CNN Newsource

By Peter Valdes-Dapena, CNN Business Ford just unveiled the Bronco Raptor, a high-performance version of its off-road Jeep Wrangler competitor. Based…

Australia says WeChat has removed the account of its Prime Minister

January 24, 2022 4:11 AM CNN Newsource

By Angus Watson, Jill Disis and Yong Xiong, CNN Business Australia has accused WeChat of taking down Prime Minister Scott Morrison’s account…

US suspends 44 China-bound flights from Chinese airlines

January 23, 2022 9:55 PM CNN Newsource

By Greg Wallace and Pete Muntean, CNN Business Washington is suspending more than three dozen flights from Chinese carriers over the next couple of…

More bad news for Peloton: Another TV show character has a heart attack while riding its bike

January 23, 2022 3:14 PM CNN Newsource

By Ramishah Maruf, CNN Business It’s been a rough few weeks for Peloton. And to round it off, another TV show character experienced a heart…

‘Shameless,’ former NBC host says of the Olympics returning to Beijing

January 23, 2022 1:47 PM CNN Newsource

By Ramishah Maruf, CNN Business Former NBC sportscaster Bob Costas, who has covered 12 Olympic Games as a host and commentator, did not hold back…

‘Shameless,’ former NBC host says of the Olympics returning to Beijing

January 23, 2022 1:47 PM CNN

By Ramishah Maruf, CNN Business Former NBC sportscaster Bob Costas, who has covered 12 Olympic Games as a host and commentator, did not hold back…

Winter storms and spiking energy prices could lead to record high heating bills

January 23, 2022 12:09 PM CNN Newsource

By Chris Isidore, CNN Business As if consumers weren’t being squeezed enough by rising prices for a wide range of goods, this month’s…

Winter storms and spiking energy prices could lead to record high heating bills

January 23, 2022 12:09 PM CNN

By Chris Isidore, CNN Business As if consumers weren’t being squeezed enough by rising prices for a wide range of goods, this month’s…

SpaceX’s Dragon cargo ship is on its way back to Earth with scientific investigations and medical research

January 23, 2022 11:51 AM CNN Newsource

By Claudia Dominguez and Alaa Elassar, CNN SpaceX’s unmanned Dragon cargo ship successfully undocked from the International Space Station (ISS)…

She found a $3 million lottery prize in her spam folder

January 23, 2022 7:45 AM CNN Newsource

By Nadeem Muaddi, CNN Your email spam folder isn’t all junk mail. Laura Spears of Oakland County, Michigan, can attest to that, as she recently…

Bologna face masks and new M&Ms: 4 ways your food got weird this week

January 23, 2022 7:00 AM CNN Newsource

By Jordan Valinsky, CNN Business From M&Ms’ mascots becoming more inclusive to a bologna face mask, there was lots of wild food news this…

Inflation is soaring. Should the Fed unleash ‘shock and awe’?

January 23, 2022 6:40 AM CNN Newsource

By Paul R. La Monica, CNN Business The Bank of England has already started to raise interest rates to fight inflation. The Federal Reserve is likely…

Inflation is soaring. Should the Fed unleash ‘shock and awe’?

January 23, 2022 6:40 AM CNN

By Paul R. La Monica, CNN Business The Bank of England has already started to raise interest rates to fight inflation. The Federal Reserve is likely…

Turkish journalist detained after ‘insulting’ President Erdogan in a TV interview

January 23, 2022 3:52 AM CNN Newsource

By Hande Atay Alam and Isil Sariyuce, CNN A Turkish journalist has been sent to prison for “insulting” the nation’s President Recep…

Ireland’s data centers are an economic lifeline. Environmentalists say they’re wrecking the planet

January 23, 2022 1:15 AM CNN Newsource

By Kara Fox, CNN In the west of Ireland lies a medieval market town, its roots steeped in legend. Beyond the labyrinth of narrow streets of the…

‘SNL’ looks back on Pres. Joe Biden’s first year in office on its version of ‘The Ingraham Angle’

January 22, 2022 10:51 PM CNN Newsource

By Kelly McCleary, CNN “Saturday Night Live” kicked off this week’s episode with a look back at President Joe Biden’s first…

‘SNL’ looks back on Pres. Joe Biden’s first year in office on its version of ‘The Ingraham Angle’

January 22, 2022 10:51 PM CNN

By Kelly McCleary, CNN “Saturday Night Live” kicked off this week’s episode with a look back at President Joe Biden’s first…

Kohl’s, target of activist investors, gets a buyout offer

January 22, 2022 4:12 PM CNN Newsource

By Bridget O’Brian, CNN Business The quest for control of Kohl’s is heating up. On Saturday, the retailer received an unsolicited $9…

Bitcoin value tumbles almost 50% since record November

January 22, 2022 9:06 AM CNN Newsource

By Diksha Madhok, CNN Business Bitcoin has lost almost half its value since its November high, with cryptocurrency prices continuing to plunge as…

How to access AT&T and Verizon’s new super fast 5G networks

January 22, 2022 6:57 AM CNN Newsource

By Samantha Murphy Kelly, CNN Business Many mobile device users in the United States now have access to blazing-fast internet speeds stemming from…

Home prices are starting to lose steam

January 22, 2022 6:40 AM CNN

By Anna Bahney Overheated home prices continue to show signs of cooling off a bit. Home prices rose 18.8% year-over-year in November, according to…

Thinking of buying a home in 2022? Here’s what to expect

January 22, 2022 6:40 AM CNN Newsource

By Anna Bahney, CNN Business If you’re one of many would-be homebuyers who got shut out of the real estate market last year, you might be…

What’s getting more expensive

January 22, 2022 6:37 AM CNN Newsource

By Ramishah Maruf, CNN Business Inflation and supply chain snags have sent prices for everyday items soaring, from Tide laundry detergent to new…