How to protect your investments and finances as debt default worries grow
By Ramishah Maruf, CNN New York (CNN) — On Wednesday night, Fitch Ratings laid out a stark warning to the US government: Raise the debt ceiling…
Continue ReadingMoney
Shaq gets served — again — in FTX lawsuit
By Allison Morrow, CNN New York (CNN Business) — After months of cat and mouse, lawyers for a group of FTX investors have served Shaquille…
Continue ReadingNasdaq threatens to delist the Trump SPAC from the stock market
By Jordan Valinsky, CNN Business New York (CNN) — Digital World Acquisition Corp., the blank-check firm seeking to merge with former President…
Continue ReadingUS pending home sales held steady in April
By Anna Bahney, CNN Washington, DC (CNN) — US pending home sales held steady in April, remaining unchanged after dropping in March, according…
Continue ReadingThe US economy grew faster in the first quarter than previously reported
By Bryan Mena, CNN Washington, DC (CNN) — US economic growth in the first three months of the year was faster than previously estimated, the…
Continue ReadingAI chip boom sends Nvidia’s stock surging after whopper of a quarter
By David Goldman, CNN New York (CNN) — The AI boom is here, and Nvidia is reaping all the benefits. Shares of Nvidia (NVDA) exploded 28% higher…
Continue ReadingOne of Asia’s top female entrepreneurs is stepping down at Grab, the ride-hailing company she helped found
By Kathleen Magramo, CNN Hong Kong (CNN) — One of Southeast Asia’s most well-known female entrepreneurs is to step down from her operational…
Continue ReadingGermany falls into recession as consumers in Europe’s biggest economy spend less
By Olesya Dmitracova, CNN London (CNN) — Germany has slipped into recession as last year’s energy price shock takes its toll on consumer…
Continue ReadingGlitches, echoes and ‘melting the servers’ crash DeSantis’ campaign launch on Twitter
CNN By Samantha Delouya, Clare Duffy and Donie O’Sullivan, CNN New York (CNN) — Twitter’s livestream event with Florida Gov. Ron…
Continue ReadingCredit rating agency warns it may downgrade US debt rating, driving up costs
By Samantha Delouya, CNN (CNN) — A deadlocked Washington that has taken America to the brink of default could jeopardize the United States’…
Continue ReadingTwitter may be worth only a third of its pre-Musk value, Fidelity says
CNN By Brian Fung, CNN Washington (CNN) — A Fidelity fund has slashed its estimate of Twitter’s value amid ongoing chaos at the company,…
Continue ReadingGlitches, echoes and ‘melting the servers’ crash DeSantis’ campaign launch on Twitter
By Samantha Delouya, Clare Duffy and Donie O’Sullivan, CNN New York (CNN) — Twitter’s livestream event with Florida Gov. Ron DeSantis…
Continue ReadingAmericans’ outlook on retirement darkens to an 11-year low
By Matt Egan, CNN (CNN) — In the latest sign of economic pessimism, Americans are growing increasingly concerned they won’t be able to retire…
Continue ReadingWhy Moody’s is ‘confident’ America won’t suffer its first-ever default
CNN By Matt Egan, CNN New York (CNN) — Even though time is running out to get a debt ceiling deal through Congress, one of the key players that…
Continue ReadingWhy Moody’s is ‘confident’ America won’t suffer its first-ever default
By Matt Egan, CNN New York (CNN) — Even though time is running out to get a debt ceiling deal through Congress, one of the key players that…
Continue ReadingSenate Democrats write to Google over concerns about abortion-seekers’ location data
By Brian Fung, CNN Washington (CNN) — Nearly a dozen Senate Democrats wrote to Google this week with questions about how it deletes users’…
Continue ReadingSenate Democrats write to Google over concerns about abortion-seekers’ location data
CNN By Brian Fung, CNN Washington (CNN) — Nearly a dozen Senate Democrats wrote to Google this week with questions about how it deletes…
Continue ReadingFed officials debated need for rate hike at last meeting, minutes show
By Bryan Mena, CNN Washington, DC (CNN) — Federal Reserve officials were divided at their last meeting as to whether or not another rate hike…
Continue Reading‘It’s going to be catastrophic:’ The debt ceiling standoff is worrying for some Americans
By Alicia Wallace, CNN Minneapolis (CNN) — Americans who are already trying to navigate persistently high inflation, soaring interest rates,…
Continue ReadingFrom Social Security to your investments, here’s how to prepare for a US default
By Ramishah Maruf, CNN New York (CNN) — With barely a week to go before the United States defaults on its debt for the first time in history,…
Continue Reading