Dow sinks more than 300 points on strong jobs reports
By Nicole Goodkind, CNN Business The Dow fell more than 300 points on Thursday as strong jobs data spooked investors. A number of reports this week…
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More nurses reach tentative contract agreement, but negotiations at five hospitals continue
By Samantha Beech, CNN The New York State Nurses Association (NYSNA) has announced tentative agreements have been reached with two more hospitals…
Continue ReadingMortgage rates start 2023 twice as high as they were a year ago
By Anna Bahney, CNN Mortgage rates inched up again last week, after a slight increase the week before interrupted six straight weeks of falling…
Continue ReadingHow to be a better investor in 2023
By Jeanne Sahadi, CNN If you’re planning to invest your hard-earned money in stocks, bonds and other assets this year, let humility be your…
Continue ReadingMaker of OXO and Osprey is laying off 10% of staff
By Danielle Wiener-Bronner, CNN Helen of Troy, which owns OXO and Osprey among other consumer goods and beauty brands, is laying off 10% of its…
Continue ReadingBankrupt cryptocurrency lender Celsius Networks allegedly defrauded investors out of billions of dollars
By Kara Scannell, CNN The New York attorney general filed a civil lawsuit Thursday against the co-founder of now-bankrupt cryptocurrency lender…
Continue ReadingGermany and Norway will build a big hydrogen pipeline
By Anna Cooban, CNN Germany just took a step closer to finding a long-term, greener replacement for Russian natural gas and coal. German power…
Continue ReadingUS government moves to seize $460 million Robinhood stake linked to Sam Bankman-Fried
By Allison Morrow and Kara Scannell, CNN The US government is stepping into a contentious, multijurisdictional legal battle over the ownership of…
Continue ReadingBed Bath and Beyond says it may not survive
By Nathaniel Meyersohn and Jordan Valinsky, CNN Bed Bath & Beyond issued a grim message about its future Thursday, warning that a bankruptcy…
Continue ReadingWeekly jobless claims fall to lowest level since September
By Alicia Wallace, CNN Around 204,000 people applied for first-time unemployment benefits last week, according to the latest data from the Bureau of…
Continue ReadingCardi B’s NSFW advice on inflation
By Jordan Valinsky, CNN Even millionaires are noticing that grocery shopping has become really expensive. Just listen to Cardi B. The rapper posted…
Continue ReadingAmericans spent a record $212 billion online shopping this holiday season amid deep discounts
By Matt Egan, CNN Online shopping increased steadily this holiday season as record-setting discounts helped offset the pain from high inflation,…
Continue ReadingInvestors anxiously await jobs report for clues about Fed rate hikes
By Paul R. La Monica, CNN Economists are betting that the labor market cooled in December. That may be music to investors’ ears. Wall Street…
Continue ReadingUK car sales slump to 30-year low
By Hanna Ziady, CNN New car registrations in the United Kingdom fell to 1.6 million last year, the lowest level since 1992, as a global chip shortage…
Continue ReadingHere’s what to expect in the housing market this year
By Anna Bahney, CNN Last year was a wild ride in the US housing market. Mortgage rates doubled and sales plummeted, triggering the longest…
Continue ReadingUkraine’s economy shrank by more than 30% in 2022
By Julia Horowitz, CNN Ukraine’s economy shrank by more than 30% in 2022 after Russia’s brutal invasion destroyed infrastructure, hurt…
Continue ReadingThe BMW i Vision Dee is a concept car that literally changes color
By Peter Valdes-Dapena, CNN BMW unveiled a pair of concept cars at the Consumer Electronics Show that show off how future cars might respond to the…
Continue Reading‘Monday Night Football’ telecast in which Hamlin collapsed was most watched in ESPN’s history
By Jennifer Korn and Oliver Darcy, CNN The NFL showdown between the Cincinnati Bengals and Buffalo Bills, which was postponed in the first quarter…
Continue ReadingAmazon will lay off more than 18,000 workers
By Catherine Thorbecke, CNN Amazon says it plans to lay off more than 18,000 employees as the global economic outlook continues to worsen. Several…
Continue ReadingHead of Saudi investment fund subpoenaed in case over Musk’s ‘funding secured’ tweet
By Clare Duffy, CNN Elon Musk’s team has subpoenaed the head of Saudi Arabia’s Public Investment Fund as part of litigation over the…
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