Money Archives

The US economy lost 140,000 jobs in December. All of them were held by women

January 8, 2021 6:25 pm CNN Newsource

A year ago, a rare thing happened to American women. For three months, they held more jobs than men in the US economy — something that had only…

The toxic, symbiotic relationship between Trump and Twitter is finally over

January 8, 2021 5:44 pm CNN

President Donald Trump’s tweeting privileges were briefly restored following Twitter’s temporary lock on his account this week for…

Trump is losing his powerful social media machine. Now what?

January 8, 2021 4:42 pm CNN

After four years of using social media platforms to bypass traditional media and spread his message directly to millions of people, President Donald…

Twitter bans President Trump permanently

January 8, 2021 4:09 pm CNN

Twitter has suspended President Donald Trump from its platform, the company said Friday evening. “After close review of recent Tweets from the…

Stocks rally as investors wait and hope for more stimulus

January 8, 2021 1:09 pm CNN

Bad news was good news for Wall Street Friday. Stocks rose at the opening bell to hit more new record highs — despite the fact that the United…

GM redesigns its logo after more than 50 years

January 8, 2021 12:32 pm CNN

General Motors unveiled a new logo Friday that the company says symbolizes its shift toward electric vehicles. The now-lowercase letter M, for…

Bitcoin rally may be the ‘mother of all bubbles’ says BofA

January 8, 2021 12:30 pm CNN Newsource

Bitcoin prices have doubled in less than a month to more than $40,000. And while cryptocurrency bulls argue this stunning surge is justified, some on…

Stocks pull back as stimulus hopes fade

January 8, 2021 12:09 pm CNN

Bad news was good news for Wall Street early Friday. Stocks rose at the opening bell to hit more new records — despite the fact that the United…

Twitter and Trump are now locked in a game of chicken

January 8, 2021 10:56 am CNN

President Donald Trump’s tweeting privileges have now been restored following Twitter’s temporary lock on his account this week for…

Here’s why Apple could pick Hyundai for its iCar

January 8, 2021 10:35 am CNN

Apple is reportedly in talks with Hyundai about cooperating on electric cars. A partnership with the South Korean company makes a lot of sense, but…

Corporate America is finally divorcing Trump

January 8, 2021 10:00 am CNN

Lured by his promises of fat tax cuts and deregulation, Corporate America enthusiastically backed President Donald Trump following his shocking 2016…

Stocks hit new records despite dour jobs report

January 8, 2021 9:22 am CNN

Bad news is good news again on Wall Street. Stocks rose at the opening bell Friday to hit more new records — despite the fact that the United…

Restaurants like Olive Garden and Applebee’s were in trouble even before the pandemic

January 8, 2021 8:19 am CNN Newsource

If you grew up in the 1990s, you might remember a trip to Olive Garden or Applebee’s as the highlight of your week. Those days are gone. Over…

Biden’s work just got harder: America lost a staggering 140,000 jobs in December

January 8, 2021 7:43 am CNN Newsource

America’s job market recovery ground to a halt in December, making President-elect Joe Biden’s task to repair the economy that much…

Sen. Josh Hawley’s book canceled by publisher citing ‘deadly insurrection’ at Capitol building

January 8, 2021 6:47 am CNN Newsource

In an extraordinary move, Simon & Schuster announced Thursday that it would no longer publish a planned book by Sen. Josh Hawley, one of the…

KFC is finally upgrading its chicken sandwich

January 8, 2021 5:35 am CNN

Colonel Sanders is entering 2021 ready to rumble in the seemingly never-ending chicken sandwich wars. KFC is finally updating its fried chicken…

America needs jobs. It’s now up to Democrats to deliver

January 8, 2021 4:47 am CNN

The latest US jobs report, due Friday, is set to include an alarming figure. Economists polled by Refinitiv expect to learn that just 71,000 jobs…

Boeing agrees to pay $2.5 billion to settle charges it defrauded FAA on 737 Max

January 8, 2021 3:50 am CNN Newsource

Boeing reached a $2.5 billion settlement with the Justice Department on Thursday to settle criminal charges that the company defrauded the Federal…

Joe Biden’s economic agenda is suddenly alive again. America could use the jobs

January 8, 2021 3:42 am CNN

Democrats are taking control of the Senate, breathing new life into President-elect Joe Biden’s economic agenda at a time America’s job…

Elon Musk overtakes Jeff Bezos to become world’s richest person

January 8, 2021 2:41 am CNN

Elon Musk edged past Amazon founder Jeff Bezos to grab the title of world’s richest person, according to Bloomberg. A 6% rise in Tesla shares…