Money Archives

Kanye West is reportedly worth $6.6 billion

March 18, 2021 6:57 am CNN Newsource

Kanye West officially became a billionaire last year. Now, he’s a billionaire six times over. The 43-year-old rapper turned fashion and…

Peloton instructors design a new Adidas clothing line

March 18, 2021 6:08 am CNN Newsource

Peloton is teaming up with Adidas to launch its most expansive branded apparel line yet, aimed at its fervent fans that can’t get enough of the…

Piers Morgan left his show after attacking Meghan. He could be back on TV soon

March 18, 2021 6:05 am CNN Newsource

Piers Morgan has always divided TV audiences, but he gained new notoriety this month after taking on the Duchess of Sussex. With two combative UK…

Fed expects rate hikes can hold off until at least next year

March 18, 2021 5:58 am CNN

The Federal Reserve left interest rates near zero Wednesday and said it would continue to use all the tools in its arsenal to support the still…

Can Wall Street’s bulls keep climbing a ‘wall of worry’?

March 18, 2021 5:17 am CNN

Federal Reserve Chair Jerome Powell has a clear message for investors: Don’t stress. We’ve got this. What’s happening: At a press…

The first 3D-printed housing community in the US is being built in the California desert

March 18, 2021 4:38 am CNN Newsource

Developers in Southern California are building what they say will be the first 3D-printed zero net energy neighborhood in the United States. Palari…

‘Racial bias runs deep’ at America’s largest banks, study says

March 18, 2021 3:58 am CNN Newsource

The banking industry has a race problem, and a new study is putting a spotlight on the inequalities within the nation’s largest financial…

WallStreetBets founder signs with major Hollywood talent agency

March 17, 2021 2:48 pm CNN Newsource

The founder of the WallStreetBets is heading to Hollywood. Jaime Rogozinski, the investor who started the subreddit that shook up Wall Street, has…

Amazon warehouse worker testifies to Senate: ‘My workday feels like a 9-hour intense workout every day’

March 17, 2021 2:10 pm CNN

An Amazon warehouse employee testified before the Senate Budget Committee on Wednesday about the “grueling” working conditions that led…

Higher mortgage rates still aren’t cooling the hot housing market

March 17, 2021 12:36 pm CNN Newsource

Mortgage rates have been steadily rising this year, but that doesn’t seem to be slowing demand for housing — yet. According to Freddie Mac,…

Cardi B and Candace Owens engage in epic Twitter battle

March 17, 2021 12:35 pm CNN

Cardi B famously raps “Cardi don’t need more press,” but if that’s the case, she may want to chill on Twitter. The Grammy…

Justin Long, the ‘I’m a Mac’ actor, defects from Apple

March 17, 2021 12:05 pm CNN

“I’m a Mac” actor Justin Long is now a PC guy. Nearly two decades ago, Long extolled the benefits of Mac computers while playing…

Amazon’s grocery chain is growing. It isn’t Whole Foods

March 17, 2021 11:43 am CNN

Four years after Amazon bought Whole Foods, the e-commerce giant is making another major push to sell shoppers groceries. But this time, Whole Foods…

Topps apologizes for card depicting beaten-up BTS band members

March 17, 2021 11:07 am CNN Newsource

Topps apologized after it shared an insensitive trading card image of K-pop band BTS bruised and beaten. The sticker card depicts BTS members in…

This major US bank just endorsed reparations for Black Americans

March 17, 2021 10:59 am CNN Newsource

The largest union-owned bank in the United States announced its support for reparations for African Americans on Wednesday. Amalgamated Bank became…

What is an NFT? Non-fungible tokens explained

March 17, 2021 10:42 am CNN Newsource

Non-fungible tokens, or NFTs, are the latest cryptocurrency phenomenon to go mainstream. And after Christie’s auction house sold the first-ever…

Disneyland sets reopening date

March 17, 2021 10:03 am CNN Newsource

It’s been a long year for Disneyland fans, but “The Happiest Place On Earth” is finally set to reopen its doors. The flagship…

Amalgamated becomes the first major US bank to endorse reparations

March 17, 2021 9:49 am CNN Newsource

The largest union-owned bank in the United States announced its support for reparations for African Americans on Wednesday. Amalgamated Bank became…

SPAC fundraising is up an insane 2,000% from a year ago

March 17, 2021 9:03 am CNN

The SPAC market is so hot that this year’s fundraising haul has already surpassed all of 2020’s. And it’s not even April.…

Asian cities challenge London for world’s No. 2 financial center title

March 17, 2021 7:58 am CNN Newsource

London is fighting to maintain its standing as the best city outside New York for bankers and traders to do business. The British capital lost…