Money Archives – Page 100 of 100

President Joe Biden campaigns in support of Democratic U.S. senatorial candidate John Fetterman in Philadelphia

Biden’s stock market record so far is the second worst since Jimmy Carter

November 7, 2022 2:46 PM CNN Newsource

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…

Vehicles sit inside a Carvana Co. car vending machine in Westminster

Carvana stock plummets as used car prices fall

November 7, 2022 2:21 PM CNN Newsource

By Jennifer Korn Shares of used car marketplace Carvana continued to plummet Monday, falling over 50% over the past two trading days, following a…

A cashier assists a customer at a checkout counter at Harmons Grocery store in Salt Lake City

US consumers borrowed $25 billion more in September

November 7, 2022 12:19 PM CNN Newsource

By Alicia Wallace, CNN Business American consumers borrowed another $25 billion in September, according to newly released Federal Reserve data, as…

Federal Reserve Chairman Jerome Powell speaks at a news conference following a Federal Open Market Committee meeting on November 2 in Washington.

What will the Fed do next? Follow the economy, not what Jerome Powell says

November 7, 2022 10:14 AM CNN Newsource

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…

A recession in the US is not a slam dunk, Goldman Sachs says

November 7, 2022 8:15 AM CNN Newsource

By Matt Egan, CNN Business While investors, business leaders and some economic models continue to warn a recession is imminent, Wall Street’s…

A former NBA champion is changing ‘how the world builds’ to fight the climate crisis

November 7, 2022 8:06 AM CNN Newsource

By Hanna Ziady, CNN Business Three years ago, a hurricane devastated the Bahamas, claiming dozens of lives. Today, the country is building what it…

What the wave of tech layoffs tell us about the economy

November 7, 2022 4:20 AM CNN Newsource

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…

Ryanair carried a record number of passengers over the summer and says its budget friendly airfares will attract even more customers as Europe falls into a recession. Ryanair planes are pictured here at Manchester Airport in 2020.

Ryanair is booming as flyers ditch pricier airlines

November 7, 2022 3:25 AM CNN Newsource

By Hanna Ziady, CNN Business Ryanair carried a record number of passengers over the summer and says its budget friendly airfares will attract even…

A pedestrian using a smartphone walks past an American multinational technology company

Apple expects iPhone 14 shipments to be hit by China’s Covid curbs

November 6, 2022 8:36 PM CNN Newsource

By Diksha Madhok, CNN Business Apple has said that shipments of its latest lineup of iPhones will be “temporarily impacted” by Covid…

Apple expects iPhone 14 shipments to be hit by China’s Covid curbs

November 6, 2022 8:36 PM CNN

Diksha Madhok, CNN Business Apple has said that shipments of its latest lineup of iPhones will be “temporarily impacted” by Covid…

A general view of the Home Depot branch on September 23 in Philadelphia

Workers vote against first unionizing effort at Home Depot

November 6, 2022 10:23 AM CNN Newsource

By Chris Isidore, CNN Business Workers at a Home Depot in Philadelphia overwhelmingly voted against becoming the first store in the chain to be…

MoviePass's former CEO and the leader of its former parent company have been indicted on securities fraud charges for deceiving investors on the sustainability and profitability of the company's movie-a-day subscription model

Former MoviePass executives face fraud charges

November 6, 2022 9:33 AM CNN

By Jennifer Korn MoviePass’s former CEO and the leader of its former parent company have been indicted on securities fraud charges for…

Former MoviePass executives face fraud charges

November 6, 2022 9:33 AM CNN Newsource

By Jennifer Korn MoviePass’s former CEO and the leader of its former parent company have been indicted on securities fraud charges for…

‘SNL’ has Trump plead his case to restore banned Twitter account

November 6, 2022 6:00 AM 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 completed…

‘SNL’ has Trump plead his case to restore banned Twitter account

November 6, 2022 6:00 AM CNN Newsource

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…

Last week was a volatile one on Wall Street

How the midterms could affect Wall Street

November 6, 2022 4:27 AM CNN Newsource

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…

SpaceX owner and Tesla CEO Elon Musk pictured in Los Angeles

Elon Musk sold nearly $4 billion worth of Tesla stock since Twitter deal closed

November 5, 2022 1:41 PM CNN

By Chris Isidore, CNN Business Elon Musk sold $3.95 billion worth of Tesla stock since completing his purchase of Twitter late last month.…

Twitter prepares to roll out new paid subscription service that includes blue checkmark

November 5, 2022 1:38 PM CNN Newsource

by Brian Fung, CNN Twitter on Saturday launched an updated version of its iOS app that promises to allow users to pay a monthly subscription to…

One of the reasons for the record $1.6 billion jackpot for the Powerball drawing is the recent run of steep interest rate hikes from the Federal Reserve

Why is the Powerball prize at a record? Thank Fed Chairman Jerome Powell

November 5, 2022 6:35 AM CNN Newsource

By Chris Isidore, CNN Business One of the reasons for the record $2.04 billion jackpot for the Powerball drawing, which was announced Tuesday…

Costco's strategy of discontinuing products can be a frustration for shoppers.

Why Costco and Trader Joe’s stopped selling your favorite food

November 5, 2022 3:58 AM CNN Newsource

By Nathaniel Meyersohn, CNN Business Chances are, you’ve been there: You head to Trader Joe’s to buy caramel popcorn, churro bites and…