Biden’s stock market record so far is the second worst since Jimmy Carter
By Matt Egan, CNN Business The stock market under President Biden started with a boom, but it heads into the midterm elections looking more like a…
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Carvana stock plummets as used car prices fall
By Jennifer Korn Shares of used car marketplace Carvana continued to plummet Monday, falling over 50% over the past two trading days, following a…
Continue Reading US consumers borrowed $25 billion more in September
By Alicia Wallace, CNN Business American consumers borrowed another $25 billion in September, according to newly released Federal Reserve data, as…
Continue Reading What will the Fed do next? Follow the economy, not what Jerome Powell says
By Paul R. La Monica, CNN Business The stock market has been on a roller coaster ride, largely because of Wall Street’s shifting expectations…
Continue Reading A recession in the US is not a slam dunk, Goldman Sachs says
By Matt Egan, CNN Business While investors, business leaders and some economic models continue to warn a recession is imminent, Wall Street’s…
Continue Reading A former NBA champion is changing ‘how the world builds’ to fight the climate crisis
By Hanna Ziady, CNN Business Three years ago, a hurricane devastated the Bahamas, claiming dozens of lives. Today, the country is building what it…
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Today’s Powerball jackpot is expected to hit a record $1.9 billion
The Powerball lottery jackpot is expected to grow to $1.9 billion for Monday’s drawing, according to the California Lottery, making it the largest…
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Meta job cuts, thousands of employees expecting layoffs
Twitter isn’t the only social media platform announcing…
Continue Reading What the wave of tech layoffs tell us about the economy
By Nicole Goodkind, CNN Business Friday’s jobs report came in strong: the US economy added 261,000 new jobs in October, blowing away analyst…
Continue Reading Ryanair is booming as flyers ditch pricier airlines
By Hanna Ziady, CNN Business Ryanair carried a record number of passengers over the summer and says its budget friendly airfares will attract even…
Continue Reading Apple expects iPhone 14 shipments to be hit by China’s Covid curbs
CNN By Diksha Madhok, CNN Business Apple has said that shipments of its latest lineup of iPhones will be “temporarily impacted” by Covid…
Continue Reading Apple expects iPhone 14 shipments to be hit by China’s Covid curbs
By Diksha Madhok, CNN Business Apple has said that shipments of its latest lineup of iPhones will be “temporarily impacted” by Covid…
Continue Reading Workers vote against first unionizing effort at Home Depot
By Chris Isidore, CNN Business Workers at a Home Depot in Philadelphia overwhelmingly voted against becoming the first store in the chain to be…
Continue Reading Former MoviePass executives face fraud charges
By Jennifer Korn MoviePass’s former CEO and the leader of its former parent company have been indicted on securities fraud charges for…
Continue Reading Former MoviePass executives face fraud charges
CNN By Jennifer Korn MoviePass’s former CEO and the leader of its former parent company have been indicted on securities fraud charges for…
Continue Reading ‘SNL’ has Trump plead his case to restore banned Twitter account
By Frank Pallotta, CNN Business It’s been a crazy few weeks for Twitter, and “SNL” made the most of the chaos. Elon Musk completed…
Continue Reading ‘SNL’ has Trump plead his case to restore banned Twitter account
CNN By Frank Pallotta, CNN Business It’s been a crazy few weeks for Twitter, and “SNL” made the most of the chaos. Elon Musk…
Continue Reading How the midterms could affect Wall Street
By Paul R. La Monica, CNN Business Last week was a volatile one on Wall Street, with stocks falling after Federal Reserve chair Jerome Powell dashed…
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Twitter prepares to roll out new paid subscription service that includes blue checkmark
Twitter on Saturday launched an updated version of its iOS app that promises to allow users to pay a monthly subscription to receive a blue checkmark…
Continue Reading Elon Musk sold nearly $4 billion worth of Tesla stock since Twitter deal closed
CNN, CNN BUSINESS By Chris Isidore, CNN Business Elon Musk sold $3.95 billion worth of Tesla stock since completing his purchase of Twitter late last…
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