Former Silicon Valley Bank CEO: ‘I am truly sorry’
By Allison Morrow, CNN The former chief executive of Silicon Valley Bank plans to apologize before a Senate committee Tuesday, writing in prepared…
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Americans’ debt surpasses $17 trillion for the first time
By Alicia Wallace, CNN Americans’ debt levels continue to climb to new heights at a time when economic conditions are becoming increasingly…
Continue ReadingAmericans are setting vacation records and splurging at bars, restaurants and hotels
By Bryan Mena, CNN Many economists are predicting a recession later in the year, but one of the industries hurt most in the pandemic is bouncing back…
Continue ReadingApparent cyberattack forces Philadelphia Inquirer office to close ahead of mayoral primary
By Sean Lyngaas An apparent cyberattack forced the Philadelphia Inquirer to close its office through Tuesday, the newspaper’s spokesperson Evan…
Continue ReadingTurkish lira sinks to new record low on prospect of Erdogan re-election
By Anna Cooban, CNN Investors are nervously awaiting the outcome of Turkey’s presidential race in a runoff vote on May 28. They sent stocks…
Continue ReadingEuropean Union upgrades outlook for economy as energy prices retreat
CNN By Julia Horowitz, CNN Questions swirl about the strength of China’s recovery from Covid lockdowns, and there’s talk of recession in…
Continue ReadingEuropean Union upgrades outlook for economy as energy prices retreat
By Julia Horowitz, CNN Questions swirl about the strength of China’s recovery from Covid lockdowns, and there’s talk of recession in the…
Continue ReadingVice Media files for Chapter 11 bankruptcy ahead of planned sale
By Hanna Ziady, CNN Vice Media filed for Chapter 11 bankruptcy protection Monday to facilitate a sale of the company and safeguard its future,…
Continue ReadingSexual harassment debate breathes new life into China’s #MeToo movement
By Nectar Gan, CNN A heated online debate on the definition of sexual harassment has broken out in China in the wake of a series of allegations made…
Continue ReadingThe Fed probably won’t cut rates anytime soon. Why that’s good news for markets
By Krystal Hur, CNN Wall Street is eager to see the Federal Reserve wind down its aggressive rate-hiking cycle that’s battered markets and…
Continue ReadingEx-ByteDance employee claims company stole content from competitors in earlier days
CNN, CNN BUSINESS By Ramishah Maruf, CNN An ex-ByteDance employee claimed he was wrongfully terminated after raising concerns about what he believed…
Continue ReadingEx-ByteDance employee claims company stole content from competitors in earlier days
By Ramishah Maruf, CNN An ex-ByteDance employee claimed he was wrongfully terminated after raising concerns about what he believed were illegal…
Continue ReadingAmerica’s fastest growing sport is coming to your mall
By Nathaniel Meyersohn, CNN Pickleball is coming to your local mall, replacing shuttered Bed Bath & Beyond, Old Navy, and Saks Off 5th stores.…
Continue ReadingUS wants a recall of 67 million airbag inflators, but the manufacturer disagrees
By Ramishah Maruf, CNN The National Highway Traffic Safety Administration is calling for an immediate recall of 67 million airbag inflators due to a…
Continue ReadingMcDonald’s found liable after child suffers burns from ‘hot’ chicken nuggets, Florida jury finds
By Ramishah Maruf, CNN A South Florida jury returned a split verdict in a civil lawsuit filed against McDonald’s and one of its franchisees…
Continue ReadingNFL’s Washington Commanders agree to sell the team to group led by Josh Harris
By Matt Egan and Ramishah Maruf, CNN Dan and Tanya Snyder agreed to sell the Washington Commanders franchise to a group led by Josh Harris on Friday,…
Continue ReadingInflation-weary shoppers flock to Walmart
CNN, CNN BUSINESS By Nathaniel Meyersohn, CNN New York (CNN) — Inflation-fatigued shoppers are heading to Walmart for groceries while they’re…
Continue Reading‘Every family should be concerned’ about debt ceiling, consumer watchdog warns
By Matt Egan, CNN Leaders in Washington are running out of time to avoid an unprecedented default on US debt. The top consumer watchdog in the…
Continue ReadingBiden nominates the first Latino to the Federal Reserve
By Matt Egan and Bryan Mena, CNN President Joe Biden on Friday nominated economist and World Bank official Adriana Kugler to join the Federal…
Continue ReadingAmerican consumers are growing worried about a US debt default
By Bryan Mena, CNN US consumer sentiment worsened in May as Americans grew concerned about the economy’s direction and a potential default of…
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