Money Archives - Page 100 of 100

Prices of eggs are soaring at a supermarket in Osaka on December 2

Egg prices ‘expected to soar’ in Japan after record cull of 10 million birds

January 11, 2023 12:44 AM CNN Newsource

By Junko Ogura and Michelle Toh, CNN Japan has culled just under 10 million birds as it confronts a massive outbreak of avian flu, which is…

WWE Co-CEO and chairwoman Stephanie McMahon

Stephanie McMahon resigns as WWE’s chairwoman and co-CEO

January 10, 2023 8:30 PM CNN Newsource

By Rob McLean, CNN Four days after her disgraced father returned to WWE’s board, the wrestling company’s co-CEO and chairwoman Stephanie…

The trademark of UNIQLO is seen at Ginza district in Chuo Ward

The owner of Uniqlo is boosting pay for Japan employees by up to 40% as inflation bites

January 10, 2023 7:33 PM CNN Newsource

By Michelle Toh, CNN Fast Retailing, the Japanese giant that owns popular clothing brands Uniqlo and Theory, will start paying its employees much…

A reporter checks her phone as C-SPAN plays on a television as the search for speaker continued for a fourth day during a meeting of the 118th Congress on January 6 at the U.S. Capitol.

C-SPAN is calling on McCarthy to allow its cameras in the House after its unprecedented coverage of the leadership fight

January 10, 2023 7:32 PM CNN Newsource

By Oliver Darcy, CNN C-SPAN isn’t packing up its cameras quietly. The public affairs network on Tuesday sent a letter to new House Speaker…

C-SPAN is calling on McCarthy to allow its cameras in the House after its unprecedented coverage of the leadership fight

January 10, 2023 7:32 PM CNN

CNN By Oliver Darcy, CNN C-SPAN isn’t packing up its cameras quietly. The public affairs network on Tuesday sent a letter to new House Speaker…

California start-up ABL Space Systems failed to launch its RS1 rocket out of Alaska on January 10. The mission was aiming to launch two small satellites into low-Earth orbit.

Rocket start-up fails attempt to launch satellites off Alaska’s coast

January 10, 2023 7:31 PM CNN Newsource

By Jackie Wattles, CNN A rocket operated by a California-based start-up failed near the coast of Alaska Tuesday, marking yet another mishap for…

People walk past a Wells Fargo Bank in June of 2022 in New York City.

Wells Fargo is retreating from the mortgage market it once led

January 10, 2023 3:09 PM CNN Newsource

By Matt Egan, CNN Wells Fargo, long one of the biggest players in the mortgage business, is taking a big step back. The scandal-ridden bank announced…

Nurses and healthcare workers hold signs during a strike at Mount Sinai Hospital in New York on January 9.

NICU mom stays by her son’s side after his nurses leave to strike

January 10, 2023 12:24 PM CNN Newsource

By Celina Tebor, CNN Lora Ribas hasn’t left her son’s bedside in four days. Her one-year-old baby, Logan, has been in the neonatal…

The former couple is one of the biggest equity holders in the now-bankrupt FTX enterprise.

Tom Brady and Gisele Bundchen’s FTX stake will probably get wiped out

January 10, 2023 10:32 AM CNN Newsource

By Allison Morrow, CNN Less than a year after Tom Brady and Gisele Bundchen appeared in a series of Super Bowl ads for FTX, the former couple have…

French President Emmanuel Macron is proposing a draft law that will require French citizens to work until 64 or 65

French workers can retire much younger than most. That’s about to change

January 10, 2023 9:55 AM CNN Newsource

By Hanna Ziady and Joseph Ataman, CNN The French government is planning to raise the official retirement age by two years as part of a long-delayed…

Federal Reserve Chairman Jerome Powell attends a Central Bank Symposium in Stockholm

Fed Chair Powell: Bringing down inflation requires ‘measures that are not popular’

January 10, 2023 9:01 AM CNN

CNN, CNN BUSINESS By Nicole Goodkind, CNN Federal Reserve Chairman Jerome Powell made his first public appearance of the year on Tuesday, stressing…

Rolls-Royce, Bentley and Lamborghini had record sales last year, again

January 10, 2023 8:12 AM CNN Newsource

By Peter Valdes-Dapena, CNN Business Despite broad concerns about the economy and fears of an impending recession, the ultra-wealthy seem to be doing…

Disney CEO Bob Iger orders workers to return to the office 4 days a week

January 10, 2023 7:24 AM CNN Newsource

By Jordan Valinsky, CNN Business Disney CEO Bob Iger is clamping down on remote workers. Iger, who recently returned to Disney’s helm after a…

The global economy is just one more knock away from a second recession in the same decade.

Two global recessions in one decade? That hasn’t happened in over 80 years

January 10, 2023 6:32 AM CNN Newsource

By Julia Horowitz, CNN The global economy is just one more knock away from a second recession in the same decade, something that hasn’t…

"Roxie" is the company's first-ever zero-proof canned cocktail. The drink is sold exclusively online beginning Tuesday.

Exclusive: Molson Coors is launching its first-ever zero-proof cocktail

January 10, 2023 6:11 AM CNN Newsource

By Jordan Valinsky, CNN Business Molson Coors is typically known for its lineup of beers and booze, but its newest drink isn’t either. Enter…

Coinbase announced Tuesday that it was laying off 20% of its staff.

Coinbase to lay off 20% of staff as crypto winter continues

January 10, 2023 5:45 AM CNN Newsource

By Paul R. La Monica, CNN Business The crypto winter is apparently not over yet. Coinbase announced Tuesday that it was laying off 950 people, about…

Bed Bath & Beyond's sales plunge. Pictured is a Bed Bath & Beyond store on January 05

Bed Bath & Beyond is running out of time

January 10, 2023 5:29 AM CNN Newsource

By Nathaniel Meyersohn, CNN Business Bed Bath & Beyond lost a third of its sales during the holiday run-up and is running out of options to…

The tech sector has been beaten down and interest rates are higher. Traders work on the floor of the New York Stock Exchange on January 09

Bruised tech investors are hedging their bets

January 10, 2023 5:18 AM CNN Newsource

By Nicole Goodkind, CNN There are two certainties in today’s market: The tech sector has been beaten down and interest rates are higher. And…

Online prices dropped in December. A United States Postal Service employee processes packages as they prepare for the busy holiday season on December 12

Encouraging inflation news: Online prices keep dropping

January 10, 2023 5:01 AM CNN Newsource

By Matt Egan In a positive sign for inflation-weary consumers, online prices dropped in December as retailers resorted to deep discounts to lure…

M&M’s new packaging is causing a stir

January 10, 2023 4:41 AM CNN Newsource

By Jordan Valinsky, CNN M&M’S is making a statement with its latest candy pack, which features an all-female set of characters —…