Crypto-friendly lender Silvergate collapses
By Allison Morrow, CNN Crypto-focused lender Silvergate said it is winding down operations and will liquidate the bank after being financially…
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White House calls Tucker Carlson ‘shameful’ in extraordinary rebuke
By David Goldman, CNN The White House lashed out at Fox News host Tucker Carlson Wednesday in an extraordinary rebuke of the late-night commentator…
Continue ReadingWhite House calls Tucker Carlson ‘shameful’ in extraordinary rebuke
CNN, CNN BUSINESS By David Goldman, CNN The White House lashed out at Fox News host Tucker Carlson Wednesday in an extraordinary rebuke of the…
Continue ReadingThe cost of food is down, but grocery bills are still up. Here’s why
By Danielle Wiener-Bronner, CNN Why aren’t prices falling at the grocery store? When food producers started raising prices a few years ago,…
Continue ReadingTakeaways from the February jobs report
CNN By Alicia Wallace, CNN February’s jobs report had a little something for everyone. For workers, there were jobs; for employers, there were…
Continue ReadingThe number of available jobs in the US shrank in January
By Alicia Wallace, CNN There’s a slight chill running through the US labor market, but the temperature is still too high for the Federal…
Continue ReadingThe US housing market is short 6.5 million homes
By Anna Bahney, CNN The United States is not building enough homes to account for the number of people setting up their own households. As a result,…
Continue ReadingFox CEO Lachlan Murdoch dismisses $1.6 billion defamation case revelations as ‘noise’
CNN By Oliver Darcy, CNN Fox Corporation CEO Lachlan Murdoch on Thursday dismissed the revelations from Dominion Voting Systems’ $1.6 billion…
Continue ReadingFox Chairman Rupert Murdoch rejected election conspiracy theories, Dominion lawsuit documents show
CNN By Oliver Darcy, Jon Passantino, Marshall Cohen, Nicki Brown, Kate Trafecante, Anna Bahney and Jeanne Sahadi, CNN A trove of text messages,…
Continue ReadingUS safety regulators to investigate Tesla for steering wheels that can fall off
By Chris Isidore, CNN Federal safety regulators are investigating Tesla’s Model Y SUV after at least two instances in which owners said their…
Continue ReadingYeezy fallout could push Adidas into its first annual loss in 31 years
By Anna Cooban, CNN Adidas has warned that it could suffer its first annual operating loss in more than three decades this year, mostly because it…
Continue ReadingJerome Powell’s testimony sent markets reeling. That may be a good thing
By Nicole Goodkind, CNN Federal Reserve Chairman Jerome Powell on Tuesday cleared the way for larger interest rate hikes at this month’s…
Continue ReadingThe cost of food is down, but grocery bills are still up. Here’s why
CNN, CNN BUSINESS By Danielle Wiener-Bronner, CNN Why aren’t prices falling at the grocery store? When food producers started raising prices a…
Continue ReadingBuying bank stocks before a recession used to be madness. Not anymore
By Anna Cooban, CNN Investors are bucking tradition this year by piling into big bank stocks just as major economies are expected to either slow down…
Continue ReadingIMF chief: Ukraine war will have ‘devastating’ consequences for Russia’s economy
By Julia Horowitz, CNN The International Monetary Fund has drawn criticism for forecasting that Russia will see stronger economic growth this year…
Continue ReadingFox Chairman Rupert Murdoch rejected election conspiracy theories, Dominion lawsuit documents show
By Oliver Darcy, Jon Passantino, Marshall Cohen, Nicki Brown, Kate Trafecante, Anna Bahney and Jeanne Sahadi, CNN A trove of text messages, emails,…
Continue ReadingNTSB launches special safety culture investigation of Norfolk Southern
By Gregory Wallace Citing the “number and significance of recent Norfolk Southern accidents,” federal investigators said Tuesday they…
Continue ReadingUS Justice Department sues to block JetBlue’s purchase of Spirit Airlines
By Chris Isidore, CNN The US Justice Department is suing to stop JetBlue’s proposed $3.8 billion deal to buy discount carrier Spirit Airlines,…
Continue ReadingHoward Schultz will testify before senate committee on Starbucks’ labor practices
By Danielle Wiener-Bronner, CNN Starbucks interim CEO Howard Schultz will testify before a Senate committee about the company’s labor practices…
Continue ReadingWeightWatchers jumps into the prescription weight loss drug business
CNN By Nathaniel Meyersohn, CNN WeightWatchers is getting into the booming prescription weight loss drug business. The company, now known as WW…
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