UK tax-cutting gamble sends the pound plunging to new 37-year low
By Anna Cooban, CNN Business A huge gamble by the UK government aimed at rescuing the economy from recession and boosting long-term growth sent the…
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US bank CEOs say they could exit China if it ever attacks Taiwan
By Michelle Toh, CNN Business Leaders of America’s biggest banks say they would follow any US directive on pulling business from China if…
Continue ReadingAlex Jones admonished by judge as Sandy Hook defamation trial goes off the rails
CNN By Oliver Darcy, CNN Business Conspiracy theorist Alex Jones tangled Thursday in an explosive courtroom exchange with an attorney for families of…
Continue ReadingBoeing agrees to pay $200 million for misleading the public about the 737 Max
By David Goldman, CNN Business Boeing and its former CEO Dennis Muilenburg agreed to pay hefty fines to settle charges from the Securities and…
Continue ReadingFedEx hikes package rates for 2023
By Nathaniel Meyersohn and Chris Isidore, CNN Business FedEx will raise ground and express shipping rates by an average of 6.9% next year, the…
Continue ReadingGM stops taking reservations for Hummer EV
By Chris Isidore, CNN Business There’s a lot of buyer interest in the electric Hummer now being offered by Chevrolet. But there’s limited…
Continue ReadingFedEx hikes package rates for 2023
CNN By Nathaniel Meyersohn and Chris Isidore, CNN Business FedEx will raise ground and express shipping rates by an average of 6.9% next year, the…
Continue ReadingWhy Jamie Dimon apologized to Elizabeth Warren
CNN, CNN BUSINESS By Nicole Goodkind, CNN Business JPMorgan Chase CEO Jamie Dimon testified on Capitol Hill Thursday for the second straight day.…
Continue ReadingWhy it’s getting even harder to keep a roof over your head
By Anna Bahney, CNN Business Americans looking to buy or rent a home have had a rough year. Rents are up by double-digit percentages in some cities.…
Continue ReadingHertz is buying up to 175,000 electric vehicles from GM
By Peter Valdes-Dapena, CNN Business Hertz has agreed to purchase up to 175,000 electric vehicles from General Motors over the next five years. This…
Continue ReadingRising mortgage rates hit home builders as buyers pull back
By Paul R. La Monica, CNN Business Prospective home buyers are getting hit by a double whammy of bad news: Prices remain prohibitively high for many…
Continue ReadingUS economic barometer drops for sixth month in a row, potentially ‘signaling a recession’
By Matt Egan A comprehensive gauge on the health of the US economy dropped in August for the sixth straight month, reinforcing concerns about a…
Continue ReadingAmazon’s ‘Thursday Night Football’ is a hit
By Frank Pallotta, CNN Business Amazon hit it big with its “Thursday Night Football” debut. The tech giant’s first exclusive NFL…
Continue ReadingAmerica’s dependence on credit cards is growing. The Fed’s rate hike will make it more painful
Martha C. White As prices continue to rise, Americans are becoming increasingly reliant on credit cards to make purchases. And now, with the Federal…
Continue ReadingAlex Jones admonished by judge as Sandy Hook defamation trial goes off the rails
By Oliver Darcy, CNN Business Conspiracy theorist Alex Jones tangled Thursday in an explosive courtroom exchange with an attorney for families of…
Continue ReadingWhy Jamie Dimon apologized to Elizabeth Warren
By Nicole Goodkind, CNN Business JPMorgan Chase CEO Jamie Dimon testified on Capitol Hill Thursday for the second straight day. This time, he faced…
Continue ReadingMortgage rates rise to nearly 6.3%, the highest level since 2008
By Anna Bahney, CNN Business Mortgage rates jumped higher for the fifth week in a row, further pushing past 6% in the face of yet another aggressive…
Continue ReadingTesla recalls 1.1 million cars for windows that can ‘pinch’
By Chris Isidore, CNN Business Tesla said it has spotted a flaw in 1.1 million cars’ windows that could pinch occupants while closing. The…
Continue ReadingAlex Jones admonished by judge as Sandy Hook defamation trial goes off the rails
CNN, WFSB By Oliver Darcy, CNN Business Conspiracy theorist Alex Jones tangled Thursday in an explosive courtroom exchange with an attorney for…
Continue ReadingJake Tapper heads to primetime as CNN announces slate of midterm elections programming
By Oliver Darcy, CNN Business Jake Tapper is moving to primetime as part of a sweeping set of programming changes CNN announced Thursday that will…
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