CNN - business/consumer Archives

Jobs report to give further clues about where economy is headed

January 29, 2023 5:17 AM CNN Newsource

By Paul R. La Monica, CNN The Federal Reserve is going to raise interest rates again on Wednesday. But will it be another half-point hike or just a…

A protestor watches a video showing the Memphis police beating of Tyre Nichols

How media outlets are handling the Tyre Nichols arrest footage

January 28, 2023 11:30 AM CNN Newsource

by Oliver Darcy News organizations across the country faced a dilemma Friday evening when Memphis police released video showing the brutal police…

People wearing protective face masks wait in line outside a CityMD Urgent Care in the Bronx borough of New York during the COVID-19 outbreak in November 2020.

Why urgent care centers are popping up everywhere

January 28, 2023 5:02 AM CNN Newsource

By Nathaniel Meyersohn, CNN If you drive down a busy suburban strip mall or walk down a street in a major city, chances are you won’t go long…

More states are requiring companies to advertise salary ranges for open roles.

Advertised salary ranges are not set in stone. That’s why you still have to negotiate

January 28, 2023 4:03 AM CNN Newsource

By Jeanne Sahadi, CNN Now that more and more states are requiring companies to advertise salary ranges for open roles, you may assume the range is…

Prosecutors say Sam Bankman-Fried’s contact with FTX’s ex-general counsel is ‘suggestive’ of witness tampering

January 27, 2023 5:08 PM CNN Newsource

By Kara Scannell, CNN Federal prosecutors said FTX founder Sam Bankman-Fried contacted the former general counsel of the crypto trading platform…

Do you have money tied up in FTX? Share your story

January 27, 2023 12:38 PM CNN Newsource

By Allison Morrow and Vanessa Yurkevich, CNN Before its collapse at the end of 2022, FTX was one of the biggest names in crypto. It boasted…

Pending home sales increased in December for the first time since May

Pending home sales increased last month for the first time since May

January 27, 2023 11:42 AM CNN Newsource

By Anna Bahney, CNN Pending home sales increased in December for the first time since May, a sign that lower mortgage rates are bringing some buyers…

Progressive and State Farm auto insurers are refusing to write policies in certain cities for some older Hyundai and Kia models that have been deemed too easy to steal

Some auto insurers are refusing to cover certain Hyundai and Kia models

January 27, 2023 11:20 AM CNN Newsource

By Peter Valdes-Dapena, CNN Business Progressive and State Farm, two of America’s largest auto insurers, are refusing to write policies in…

A coalition of Republican-led states is suing the US Labor Department to block an imminent rule change that will allow 401(k) managers to consider climate change and other environmental

GOP-led states sue Biden administration to block ESG investment rule

January 27, 2023 11:11 AM CNN Newsource

By Matt Egan, CNN A coalition of Republican-led states is suing the US Labor Department to block an imminent rule change that will allow 401(k)…

The investment banking giant said in a Securities and Exchange Commission filing on January 27 that David Solomon received $25 million in annual compensation last year

Goldman Sachs CEO got 30% pay cut — but still made $25 million

January 27, 2023 10:33 AM CNN Newsource

By Paul R. La Monica, CNN Goldman Sachs had a rough year in 2022. And CEO David Solomon was punished for that. Sort of. The investment banking giant…

‘GMA3’ anchors Amy Robach and T.J. Holmes depart ABC after reported romantic relationship

January 27, 2023 10:01 AM CNN Newsource

By Oliver Darcy, CNN T.J. Holmes and Amy Robach, the anchors of the third hour of ABC’s flagship morning show “Good Morning…

Mercedes-Benz will take a step towards offering a self driving car in the United States

Mercedes leapfrogs past Tesla on automated highway driving

January 27, 2023 9:58 AM CNN Newsource

By Peter Valdes-Dapena, CNN Business Mercedes-Benz will take a step towards offering a self driving car in the United States, or at least in some…

An apparent shortage of pharmacists is forcing CVS and Walmart to reduce the hours of its pharmacies

CVS and Walmart cut pharmacy hours, close some locations earlier, citing staffing shortage

January 27, 2023 8:56 AM CNN Newsource

By Jordan Valinsky, CNN Business An apparent shortage of pharmacists is forcing CVS and Walmart to reduce the hours of its pharmacies, as they close…

Consumers say they’re feeling better about the economy. But they’re still planning for a recession

January 27, 2023 8:49 AM CNN Newsource

By Alicia Wallace, CNN For the second month in a row, consumers said they are feeling better about the economy. The University of Michigan’s…

China's swift reopening after nearly three years of strict coronavirus controls could provide a much-needed boost to global economic growth

China’s reopening isn’t all good news. Inflation could get a second wind

January 27, 2023 8:05 AM CNN Newsource

By Anna Cooban, CNN China’s swift reopening after nearly three years of strict coronavirus controls could provide a much-needed boost to global…

The Federal Reserve's preferred inflation gauge showed prices rose at a slower pace last month

Prices rose at a slower pace last month, the Fed’s favored inflation gauge shows

January 27, 2023 7:55 AM CNN Newsource

By Alicia Wallace, CNN The Federal Reserve’s preferred inflation gauge showed prices rose at a slower pace last month, indicating further…

Prices rose at a slower pace last month, the Fed’s favored inflation gauge shows

January 27, 2023 6:33 AM CNN

CNN, KCAL, KCBS By Alicia Wallace, CNN The Federal Reserve’s preferred inflation gauge showed prices rose at a slower pace last month,…

As the Federal Reserve continues its inflation-fighting tightrope act

Wall Street is ignoring the Fed. That could be dangerous

January 27, 2023 5:29 AM CNN Newsource

By Nicole Goodkind, CNN As the Federal Reserve continues its inflation-fighting tightrope act, market moves suggest that investors may be feeling…

Chevron reported a record full-year profit of $36.5 billion

Chevron earnings soar to a record

January 27, 2023 5:02 AM CNN Newsource

By Chris Isidore, CNN Chevron reported a record full-year profit of $36.5 billion, buoyed by high oil prices. Adjusted earnings for the year more…

The value of Gautam Adani's business empire has crashed by more than $50 billion this week since Hindenburg Research

Gautam Adani’s business loses $50 billion in market value after short seller report

January 27, 2023 4:15 AM CNN Newsource

By Diksha Madhok, CNN The value of Gautam Adani’s business empire has crashed by more than $50 billion this week since Hindenburg Research, a…

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