Netflix founder Reed Hastings stepping down as co-CEO
By Clare Duffy, CNN Netflix announced Thursday that its founder Reed Hastings is stepping down as co-CEO at the company and will serve as executive…
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Top Fed official: Inflation is easing, but our work isn’t done
By Alicia Wallace, CNN The Federal Reserve is seeing progress in its battle to bring down US inflation and remains laser-focused on reaching the…
Continue ReadingWall Street Journal: WWE’s Vince McMahon settles with ex-employee who accused him of rape
By Jordan Valinsky, CNN World Wrestling Entertainment executive chairman Vince McMahon has agreed to another multimillion-dollar legal settlement…
Continue ReadingUber wants its future to have three-wheeled cars, face-to-face seats
By Peter Valdes-Dapena, CNN Business Uber drivers don’t always need four wheels, front-facing passenger seats and top speeds over 50 miles an…
Continue ReadingBad news for the economy is now bad news on Wall Street
By Paul R. La Monica, CNN The market is bracing for a perfect storm of bad news. The latest worry? The impending debt ceiling drama in Washington.…
Continue ReadingMortgage rates fall to levels last seen in September
By Anna Bahney, CNN Mortgage rates fell this week as economic data showed inflation is fading. The 30-year fixed-rate mortgage averaged 6.15% in the…
Continue ReadingJobless claims drop to 190,000 as labor market remains tight
By Alicia Wallace, CNN The number of first-time claims for unemployment insurance fell unexpectedly to 190,000 for the week ending January 14,…
Continue ReadingResale value of Gucci, Chanel, Louis Vuitton handbags is falling
By Parija Kavilanz, CNN Consumers, spooked by accelerating job cuts, looming recession fears and continuing high prices for goods and services in…
Continue ReadingNew home construction in the US fell in December
By Anna Bahney, CNN US home building fell in December, as the housing market continued to slow. December housing starts, a measure of new home…
Continue ReadingMost new car buyers are now paying less than sticker price
CNN By Chris Isidore, CNN Americans can once again buy cars for less than sticker price. But that doesn’t mean they’re finding bargains…
Continue ReadingMost new car buyers are now paying less than sticker price
By Chris Isidore, CNN Americans can once again buy cars for less than sticker price. But that doesn’t mean they’re finding bargains at…
Continue ReadingTaco Bell is bringing back a fan-favorite menu item
By Jordan Valinsky, CNN Taco Bell is bringing back a fan-favorite menu item, but you have to act fast. Crispy chicken wings are back for a limited…
Continue ReadingHow investors are preparing for a debt ceiling standoff
By Nicole Goodkind, CNN Business The US government is set to hit its self-imposed borrowing limit today and both Wall Street and Washington are…
Continue ReadingBud Light and Budweiser are getting a makeovers at this year’s Super Bowl
By Jordan Valinsky, CNN Anheuser-Busch may no longer be the only alcohol brand to advertise at the Super Bowl, but it will still have a major…
Continue ReadingIndia flexes its muscle at Davos as China’s star fades
By Julia Horowitz, CNN The promenade at the World Economic Forum, dusted in a blanket of fresh snow, is cluttered with signs and pavilions from…
Continue ReadingStriking French workers lead 1 million people in protest over plans to raise retirement age
By Joseph Ataman, Marguerite Lacroix and Hanna Ziady, CNN Strikes disrupted train services, flights, schools and businesses in France on Thursday as…
Continue ReadingMarvel movies are returning to China after almost four years
By Michelle Toh, CNN China has reopened its doors to Disney’s Marvel Studios for the first time in almost four years, with two new film…
Continue ReadingBillionaires once united in visionary project now feuding over claims of ‘inexperienced management’
By Hilary Whiteman, CNN A dispute between two billionaires once united in a visionary project to send power from Australia to Singapore through the…
Continue ReadingHuman error more likely in JFK near collision after alert system failure ruled out
By Pete Muntean, CNN A source familiar with the near-collision of two airliners on a John F. Kennedy International Airport runway tells CNN that…
Continue ReadingFeds arrest Russian crypto operator on suspicion of criminal activities
By Sean Lyngaas, CNN US authorities arrested a Russian cryptocurrency executive who allegedly oversaw the exchange of hundreds of millions of dollars…
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