12-year-old boy in ‘critical condition’ following alleged gang-rape in New Delhi
By Hannah Ritchie, Manveena Suri and Rhea Mogul, CNN A 12-year-old boy is in “critical condition” after he was allegedly gang-raped and…
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UK government forced to ditch plan to slash top rate of tax
By Mark Thompson and Adam Renton, CNN The British government is reversing plans to scrap the highest rate of income tax, announcing the embarrassing…
Continue Reading British pound plummets to record low against the dollar
By Laura He, Jessie Yeung and Jonny Hallam, CNN Business The British pound crashed to a record low against the US dollar on Monday on growing fears…
Continue Reading Intel is the Dow’s biggest loser
By Paul R. La Monica, CNN Business Semiconductors are in everything. Our phones, our laptops, our televisions. Even our cars. But concerns about a…
Continue Reading This iconic bar of soap, with two weird claims to fame, has stuck around for nearly 150 years
Walk into a Walmart, Target, any drugstore chain in your neighborhood or a corner bodega for New York City dwellers, and chances are you’ll find an…
Continue Reading Iran’s sweeping internet blackouts are a serious cause for concern
By Catherine Thorbecke, CNN Business When Iranian authorities pulled the plug on the internet in 2019 amid anti-government protests, the…
Continue Reading Workers at Home Depot in Philadelphia file for union vote
By Chris Isidore, CNN Business Workers at an Home Depot store in Philadelphia have filed to have a vote to be represented by a union. The store, at…
Continue Reading GM investing $760 million in Toledo factory to make electric car drive units
By Peter Valdes-Dapena, CNN Business General Motors is investing $760 million in its Toledo Propulsion Systems factory, which builds transmissions…
Continue Reading Opinion: IEA head: Electric cars are transforming the auto industry. That’s good news for the climate
Opinion by Fatih Birol for CNN Business Perspectives The global energy crisis sparked by Russia’s invasion of Ukraine is causing hardship…
Continue Reading Marc Benioff would buy Twitter if he could
By Paul R. La Monica, CNN Business Marc Benioff is obsessed with Twitter. So much that he wishes he could own it. Benioff, Salesforce chairman and…
Continue Reading Billionaire hedge fund manager argues for increasing immigration to fight inflation
By Allison Morrow, CNN Business Bill Ackman, the billionaire hedge fund manager and activist investor, has an alternative idea to fight inflation:…
Continue Reading Goldman Sachs warns of more trouble for US stocks
By Matt Egan, CNN Business Even Goldman Sachs is succumbing to the gloomy mood on Wall Street by abandoning its previously optimistic stance and…
Continue Reading McDonald’s must face $10 billion racial discrimination suit from media group
By Jordan Valinsky, CNN Business McDonald’s will have to defend itself against a $10 billion lawsuit from media mogul Byron Allen over an…
Continue Reading Markets hate Liz Truss’ plan for the UK. Just look at these charts
By Julia Horowitz, CNN Business When the UK government, led by new Prime Minister Liz Truss, unveiled its plan to rescue the British economy on…
Continue Reading Marc Benioff would buy Twitter if he could
By Paul R. La Monica, CNN Business Marc Benioff is obsessed with Twitter. So much that he wishes he could own it. Benioff, Salesforce chairman and…
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Evolution of the 401(k)
The way Americans save for retirement is changing with every decade that passes. To illustrate the evolution of American retirement savings accounts,…
Continue Reading How political candidates are targeting you on social media based on your music tastes, shopping habits and favorite TV shows
By Casey Tolan, CNN Marco Rubio hopes to sway voters interested in Chick-fil-A, Ram trucks, and Duck Dynasty. John Fetterman is searching for fans of…
Continue Reading UK tax-cutting gamble sends the pound plunging to new 37-year low
By Anna Cooban, CNN Business A huge gamble by the UK government aimed at rescuing the economy from recession and boosting long-term growth sent the…
Continue Reading NFL has a new halftime show sponsor
By Jordan Valinsky, CNN Business Apple Music is replacing Pepsi as the new sponsor for the NFL’s Super Bowl halftime show. The multi-year…
Continue Reading The curious case of falling gold prices
By Julia Horowitz, CNN Business It should be the perfect time to own gold. The yellow metal has historically rallied when inflation is high, since…
Continue Reading The Fed’s fight against inflation could cost the US 1.2 million jobs
By Alicia Wallace, CNN Business In its efforts to bring down historic inflation and cool the economy, the Federal Reserve has used multiple…
Continue Reading 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…
Continue Reading Marc Benioff would buy Twitter if he could
By Paul R. La Monica, CNN Business Marc Benioff is obsessed with Twitter. So much that he wishes he could own it. Benioff, Salesforce chairman and…
Continue Reading Oil plunges below $80 to eight-month low as recession fears mount
By Matt Egan Recession fears are slamming the oil market, with crude tumbling on Friday below $80 a barrel for the first time since January. The good…
Continue Reading Where to watch Yankees slugger Aaron Judge chase the AL home run record
By Frank Pallotta, CNN Business Slugger Aaron Judge is chasing baseball history. So where can you watch it? The New York Yankees outfielder is on the…
Continue Reading US bank CEOs say they could exit China if it ever attacks Taiwan
By Michelle Toh, CNN Business Leaders of America’s biggest banks say they would follow any US directive on pulling business from China if…
Continue Reading Alex Jones admonished by judge as Sandy Hook defamation trial goes off the rails
By Oliver Darcy, CNN Business Conspiracy theorist Alex Jones tangled Thursday in an explosive courtroom exchange with an attorney for families of…
Continue Reading Why it’s getting even harder to keep a roof over your head
By Anna Bahney, CNN Business Americans looking to buy or rent a home have had a rough year. Rents are up by double-digit percentages in some cities.…
Continue Reading The internet’s new favorite video game is like ‘Guitar Hero’ but with trombones
By Jennifer Korn If you liked “Guitar Hero” but wished it had more brass instruments, you’re in luck. A new rhythm game called…
Continue Reading Boeing agrees to pay $200 million for misleading the public about the 737 Max
By David Goldman, CNN Business Boeing and its former CEO Dennis Muilenburg agreed to pay hefty fines to settle charges from the Securities and…
Continue Reading FedEx hikes package rates for 2023
By Nathaniel Meyersohn and Chris Isidore, CNN Business FedEx will raise ground and express shipping rates by an average of 6.9% next year, the…
Continue Reading GM stops taking reservations for Hummer EV
By Chris Isidore, CNN Business There’s a lot of buyer interest in the electric Hummer now being offered by Chevrolet. But there’s limited…
Continue Reading Netflix is opening its own video game studio as part of latest pivot into gaming
By Catherine Thorbecke, CNN Business It began by mailing out DVDs, then evolved to become a production and streaming powerhouse. Now Netflix appears…
Continue Reading FedEx hikes package rates for 2023
By Nathaniel Meyersohn and Chris Isidore, CNN Business FedEx will raise ground and express shipping rates by an average of 6.9% next year, the…
Continue Reading Why Jamie Dimon apologized to Elizabeth Warren
By Nicole Goodkind, CNN Business JPMorgan Chase CEO Jamie Dimon testified on Capitol Hill Thursday for the second straight day. This time, he faced…
Continue Reading Hertz is buying up to 175,000 electric vehicles from GM
By Peter Valdes-Dapena, CNN Business Hertz has agreed to purchase up to 175,000 electric vehicles from General Motors over the next five years. This…
Continue Reading Tesla recalls 1.1 million cars for windows that can ‘pinch’
By Chris Isidore, CNN Business Tesla said it has spotted a flaw in 1.1 million cars’ windows that could pinch occupants while closing. The…
Continue Reading America’s dependence on credit cards is growing. The Fed’s rate hike will make it more painful
Martha C. White As prices continue to rise, Americans are becoming increasingly reliant on credit cards to make purchases. And now, with the Federal…
Continue Reading Kia, Hyundai are easy targets for thieves, insurance data confirms
By Peter Valdes-Dapena, CNN Business Stealing older model Hyundai and Kia cars and SUVs became a scary social media trend. Now, data from the Highway…
Continue Reading Bank of England hikes interest rates by half a point for second straight month
By Mark Thompson, CNN Business The Bank of England announced its seventh interest rate hike in less than a year on Thursday, despite forecasting a…
Continue Reading Walmart isn’t waiting for Black Friday. It’s ready for holiday shoppers now
By Parija Kavilanz, CNN Business Halloween is still a month away, but Walmart is ready for Christmas. Walmart on Thursday said it’s getting the…
Continue Reading Alex Jones admonished by judge as Sandy Hook defamation trial goes off the rails
By Oliver Darcy, CNN Business Conspiracy theorist Alex Jones tangled Thursday in an explosive courtroom exchange with an attorney for families of…
Continue Reading Mortgage rates rise to nearly 6.3%, the highest level since 2008
By Anna Bahney, CNN Business Mortgage rates jumped higher for the fifth week in a row, further pushing past 6% in the face of yet another aggressive…
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 US economic barometer drops for sixth month in a row, potentially ‘signaling a recession’
By Matt Egan A comprehensive gauge on the health of the US economy dropped in August for the sixth straight month, reinforcing concerns about a…
Continue Reading Amazon’s ‘Thursday Night Football’ is a hit
By Frank Pallotta, CNN Business Amazon hit it big with its “Thursday Night Football” debut. The tech giant’s first exclusive NFL…
Continue Reading Larry Page’s electric air taxi startup is winding down
By Catherine Thorbecke, CNN Business Kittyhawk, the electric air taxi startup backed by Google co-founder Larry Page, announced Wednesday that it…
Continue Reading Why Jamie Dimon apologized to Elizabeth Warren
By Nicole Goodkind, CNN Business JPMorgan Chase CEO Jamie Dimon testified on Capitol Hill Thursday for the second straight day. This time, he faced…
Continue Reading Alex Jones admonished by judge as Sandy Hook defamation trial goes off the rails
By Oliver Darcy, CNN Business Conspiracy theorist Alex Jones tangled Thursday in an explosive courtroom exchange with an attorney for families of…
Continue Reading Jake Tapper heads to primetime as CNN announces slate of midterm elections programming
By Oliver Darcy, CNN Business Jake Tapper is moving to primetime as part of a sweeping set of programming changes CNN announced Thursday that will…
Continue Reading Amazon’s Bezos, Jassy must testify in FTC investigation
By Brian Fung, CNN Amazon founder Jeff Bezos and CEO Andy Jassy must testify in an ongoing Federal Trade Commission probe into whether the company…
Continue Reading Jerome Powell is heading into the ‘danger zone’
By Julia Horowitz, CNN Business When the Federal Reserve started hiking interest rates to combat decades-high inflation, Chair Jerome Powell stressed…
Continue Reading Japan intervenes to prop up the yen for first time in 24 years
By Junko Ogura, Emi Jozuka and Kathleen Benoza Japan tried to shore up the value of its currency Thursday by buying yen and selling US dollars for…
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 Kia, Hyundai are easy targets for thieves, insurance data confirms
By Peter Valdes-Dapena, CNN Business Stealing older model Hyundai and Kia cars and SUVs became a scary social media trend. Now, data from the Highway…
Continue Reading Florida asks Supreme Court to rule on its controversial social media law
By Brian Fung, CNN Business Florida has asked the Supreme Court to rule on whether states may force social media companies to host content they would…
Continue Reading Florida asks Supreme Court to rule on its controversial social media law
By Brian Fung, CNN Business Florida has asked the Supreme Court to rule on whether states may force social media companies to host content they would…
Continue Reading Goldman Sachs lifts Covid vaccine and testing mandate for NYC employees
By Matt Egan Goldman Sachs told its New York City-based employees on Wednesday that as of November 1 they will no longer need to get vaccinated for…
Continue Reading The Fed’s fight against inflation could cost the US 1.2 million jobs
By Alicia Wallace, CNN Business In its efforts to bring down historic inflation and cool the economy, the Federal Reserve has used multiple…
Continue Reading What rising interest rates mean for you
By Jeanne Sahadi, CNN Business In its continued bid to quash high inflation, the Federal Reserve on Wednesday raised the overnight bank lending rate…
Continue Reading Twitch plans to crack down on gambling livestreams amid backlash
By Jennifer Korn, CNN Business Live-streaming giant Twitch on Tuesday said it will take additional steps to crack down on unlicensed gambling content…
Continue Reading What rising interest rates mean for you
By Jeanne Sahadi, CNN Business In its continued bid to quash high inflation, the Federal Reserve on Wednesday raised the overnight bank lending rate…
Continue Reading 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…
Continue Reading 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…
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