CNN - Money Archives

Fed Chair Jerome Powell said in December that Covid-related deaths accounted for a large chunk of the structural labor shortage in the economy.

Is the Fed ignoring long Covid in its inflation fight?

February 3, 2023 4:58 AM CNN Newsource

By Nicole Goodkind, CNN Federal Reserve officials have for months blamed a dwindling supply of US workers for elevated inflation levels. During his…

Is the Fed ignoring long Covid in its inflation fight?

February 3, 2023 4:58 AM CNN

By Nicole Goodkind, CNN Federal Reserve officials have for months blamed a dwindling supply of US workers for elevated inflation levels. During his…

American offices are finally more than halfway filled again as workers have gradually returned to the office.

Offices are more than 50% filled for the first time since the pandemic started

February 3, 2023 4:53 AM CNN Newsource

By Jordan Valinsky, CNN Nearly three years after the pandemic began, American offices are finally more than halfway filled again as workers have…

TotalEnergies' head office building in Paris seen on February 10

Adani will ask Big 4 accounting firm for a ‘general audit,’ says TotalEnergies

February 3, 2023 3:17 AM CNN Newsource

By Olesya Dmitracova, CNN One of Gautam Adani’s biggest international partners, TotalEnergies, said Friday that his Indian conglomerate is…

Construction workers are pictured here in Brooklyn on January 24.

The US economy added a whopper 517,000 jobs in January

February 3, 2023 3:02 AM CNN Newsource

By Alicia Wallace, CNN The US economy added an astonishing 517,000 jobs in January, showing that the labor market isn’t ready to cool down just…

Adani market rout deepens as uproar brings Indian parliament to a halt

February 2, 2023 11:02 PM CNN Newsource

By Diksha Madhok and Olesya Dmitracova, CNN Shares in most Adani Group companies slumped again Friday and India’s parliament was adjourned amid…

Hong Kong Chief Executive John Lee speaks during "Hello Hong Kong" campaign to promote city tourism in Hong Kong

Hong Kong and Macao will fully reopen borders with mainland China

February 2, 2023 9:45 PM CNN Newsource

By Michelle Toh and Wayne Chang, CNN China will fully reopen borders with its special administrative regions of Hong Kong and Macao next week, in…

A Russian missile struck nearby CNN crew in Ukraine on Thursday.

‘It turned bad in an instant’: CNN crew has close call in Ukraine as Russian missiles pummel their location

February 2, 2023 8:10 PM CNN Newsource

By Oliver Darcy, CNN CNN correspondent Frederik Pleitgen and his team were traveling on Thursday to the Ukrainian city of Kramatorsk to report on the…

‘It turned bad in an instant’: CNN crew has close call in Ukraine as Russian missiles pummel their location

February 2, 2023 8:10 PM CNN

By Oliver Darcy, CNN CNN correspondent Frederik Pleitgen and his team were traveling on Thursday to the Ukrainian city of Kramatorsk to report on the…

Greenpeace climate activists: Carlos Marcelo Bariggi Amara

Greenpeace activists scale Shell oil platform in the Atlantic Ocean as company announces record profits

February 2, 2023 10:41 AM CNN Newsource

By Laura Paddison, CNN Activists from the campaign group Greenpeace have boarded a ship in the Atlantic Ocean and scaled a Shell oil platform that is…

Mortgage rates fall for fourth week in a row

February 2, 2023 9:00 AM CNN Newsource

By Anna Bahney, CNN Mortgage rates fell slightly this week, as a smaller rate hike by the Federal Reserve signaled promising improvement on…

Actor Roy Wood Jr. pictured in Hollywood

‘The Daily Show’s’ Roy Wood Jr. selected as White House Correspondents’ Dinner entertainer

February 2, 2023 8:08 AM CNN Newsource

By Oliver Darcy, CNN Business Roy Wood Jr., the comedian known for his role on Comedy Central’s “The Daily Show,” will be the…

Blackouts and soaring prices: Pakistan’s economy is on the brink

February 2, 2023 6:37 AM CNN

By Sophia Saifi and Julia Horowitz, CNN Muhammad Radaqat, a 27-year-old greengrocer, is worried. He doesn’t know how much an onion will cost…

After several years of raking in profits thanks to strong demand for tech gadgets and services during the pandemic

Meta wowed Wall Street, but investors remain skeptical about tech

February 2, 2023 4:46 AM CNN Newsource

By Clare Duffy and Nicole Goodkind, CNN Thursday afternoon will round out what has so far been a sobering earnings season for the Big Tech giants.…

A franchise of the Subway sandwich chain in the Hell's Kitchen neighborhood in New York on Thursday

Subway hopes new meat slicers will boost sales after record 2022

February 2, 2023 4:13 AM CNN Newsource

By Jordan Valinsky, CNN Subway says it had a record-setting year for sales in 2022, bolstered by a major menu revamp and store renovations. The…

Blackouts and soaring prices: Pakistan’s economy is on the brink

February 2, 2023 4:12 AM CNN Newsource

By Sophia Saifi and Julia Horowitz, CNN Muhammad Radaqat, a 27-year-old greengrocer, is worried. He doesn’t know how much an onion will cost…

The Bank of England raised interest rates by half a percentage point

ECB and Bank of England fight inflation with sharp interest rate hikes

February 2, 2023 4:01 AM CNN Newsource

By Olesya Dmitracova, CNN Europe’s two largest central banks raised interest rates sharply on Thursday, opting for bigger increases than the US…

Friday’s jobs report is expected to show that the US economy added 200

What to look for in Friday’s jobs report

February 2, 2023 3:49 AM CNN Newsource

By Alicia Wallace, CNN A week that has been chock-full of economic data will be capped off Friday with the first US jobs report of 2023. Economists…

Search teams found a missing radioactive capsule by the roadside in Western Australia on February 1.

How do you lose a radioactive capsule? Australian investigators are wondering too

February 2, 2023 1:19 AM CNN Newsource

By Hilary Whiteman, CNN The discovery of a tiny lost radioactive capsule beside a remote highway in Western Australia raises many questions —…

Shell profits double to record $40 billion

February 2, 2023 12:36 AM CNN Newsource

By Michelle Toh and Hanna Ziady, CNN Shell made a record profit of almost $40 billion in 2022, more than double what it raked in the previous year…

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