Money Archives

The US economy’s growth was stronger than expected in the third quarter

November 30, 2022 6:58 AM CNN Newsource

By Chris Isidore, CNN Business The US economy grew much faster than expected in the third quarter, according to the latest gross domestic product…

CNN begins layoffs in what CEO says will be a ‘gut punch’ to the network

November 30, 2022 9:26 AM CNN Newsource

By Oliver Darcy, CNN Business CNN on Wednesday informed employees that layoffs had commenced, a move that is expected to impact hundreds of staffers…

The number of available jobs in the US fell in October

November 30, 2022 7:19 AM CNN Newsource

By Alicia Wallace, CNN Business The number of job openings in the United States dropped in October, but the labor market still remains historically…

The newly unretired executive's greatest challenge? Finding the next Bob Iger. Disney's CEO here speaks at an on November 18

Bob Iger’s biggest challenge at Disney: Finding the next Bob Iger

November 30, 2022 6:43 AM CNN Newsource

By Frank Pallotta, CNN Business Bob Iger has a lot on his to do list in his second round as Disney’s CEO. The 71 year-old newly unretired…

Chick-fil-A is selling merchandise for the first time ever

November 30, 2022 6:08 AM CNN Newsource

By Jordan Valinsky, CNN Business If your holiday wish list includes a Chick-fil-A sauce-themed blanket or a chicken nugget pillow, look no further.…

Consumers are keeping the economy afloat. Shoppers carry bags down Fifth Avenue on Black Friday

Consumers are keeping the economy afloat… for now

November 30, 2022 5:18 AM CNN Newsource

By Nicole Goodkind, CNN Business American shoppers just keep on spending, lending vital support to the economy. The question is: How long will it…

The Lamborghini Huracán Sterrato will be the Italian automaker's maker's last purely gasoline-powered supercar. I

Lamborghini’s last purely gas-powered supercar is a road car turned into an off-road monster

November 30, 2022 5:01 AM CNN

CNN By Peter Valdes-Dapena, CNN Business The Lamborghini Huracán Sterrato, officially unveiled in Miami Wednesday will be the Italian…

Lamborghini’s last purely gas-powered supercar is a road car turned into an off-road monster

November 30, 2022 5:01 AM CNN Newsource

By Peter Valdes-Dapena, CNN Business The Lamborghini Huracán Sterrato, officially unveiled in Miami Wednesday will be the Italian automaker’s…

Global 4-day week pilot was a huge success, organizers say

November 30, 2022 4:50 AM CNN Newsource

By Anna Cooban, CNN Business The verdict is in: A four-day work week is good for business. After six months, most of the 33 companies and 903 workers…

Inflation in Europe drops for the first time in 17 months

November 30, 2022 3:40 AM CNN Newsource

By Julia Horowitz, CNN Business For the first time in 17 months, inflation in Europe is easing. Consumer prices rose by 10% in the year to November,…

China to punish internet users for ‘liking’ posts in crackdown after zero-Covid protests

November 30, 2022 12:24 AM CNN

CNN By Laura He, CNN Business Internet users in China will soon be held liable for liking posts deemed illegal or harmful, sparking fears that the…

China to punish internet users for ‘liking’ posts in crackdown after zero-Covid protests

November 30, 2022 12:24 AM CNN Newsource

By Laura He, CNN Business Internet users in China will soon be held liable for liking posts deemed illegal or harmful, sparking fears that the…

A CSX locomotive is seen in Orlando on September 14. Businesses are scrambling to limit the damage of a looming freight rail strike.

Businesses scramble to limit the damage of looming freight rail strike

November 29, 2022 4:47 PM CNN Newsource

By Matt Egan and Kate Trafecante, CNN From retailers and computer chip makers to the oil-and-gas industry, businesses are scrambling to find…

People shop at Macy's department store during Black Friday in New York City on November 25. American consumers got holiday shopping off to a strong start.

American consumers got holiday shopping off to a strong start

November 29, 2022 9:22 AM CNN

CNN By Nathaniel Meyersohn, CNN Business Americans dished out for toys, televisions and clothing on Black Friday and into the holiday weekend,…

American consumers got holiday shopping off to a strong start

November 29, 2022 11:57 AM CNN Newsource

By Nathaniel Meyersohn, CNN Business Americans dished out for toys, televisions and clothing on Black Friday and into the holiday weekend, despite…

A shopper visits Albertsons at 3901 Crenshaw Blvd on October 14 in Los Angeles.

There’s a big problem with the Kroger-Albertsons supermarket merger

November 29, 2022 10:45 AM CNN Newsource

By Nathaniel Meyersohn, CNN Business When Christine Martinez found out last month that Kroger and Albertsons planned to merge in a deal worth nearly…

Businesses scramble to limit the damage of looming freight rail strike

November 29, 2022 5:13 AM CNN

CNN By Matt Egan and Kate Trafecante, CNN From retailers and computer chip makers to the oil-and-gas industry, businesses are scrambling to find…

Fannie Mae and Freddie Mac will back loans of more than $1 million. Pictured is an aerial view of a suburban neighborhood in the United States.

Mortgage giants raise loan limits to a record level for 2023

November 29, 2022 9:19 AM CNN Newsource

By Anna Bahney, CNN Business Mortgage giants Fannie Mae and Freddie Mac will raise the limits of government-backed loans to a record level for 2023,…

Salesforce has lagged the performance of top cloud software rivals such as Microsoft

What the heck happened to Salesforce?

November 29, 2022 8:23 AM CNN Newsource

By Paul R. La Monica, CNN Business Tech stocks have taken a nasty tumble this year, but some are doing even worse than others. Exhibit A: software…

AMC Networks CEO steps down after less than three months. "The Walking Dead" is one of AMC's most popular franchises.

AMC Networks CEO steps down after less than three months as network plans staff cuts

November 29, 2022 7:22 AM CNN Newsource

By Frank Pallotta, CNN Business AMC Networks is looking for a new CEO and plans to lay off 20% of its US workforce. After less than three months on…