Money Archives

Cable news’ longest-serving executive is retiring after 40 years at CNN

January 29, 2021 12:34 pm CNN Newsource

The longest-serving executive in the history of cable news is retiring, and CNN will never be the same. Around the network he is known simply as…

It’s not just GameStop. Market bubble fears are rising

January 29, 2021 11:45 am CNN Newsource

GameStop mania didn’t happen in a vacuum. It’s just the most glaring example of the bubble-like behavior running rampant in the financial…

The forces driving the GameStop rebellion

January 29, 2021 11:38 am CNN

“Stop the steal!” Trumpist insurgents shouted as they rampaged through the US Capitol on Jan. 6, referring to what they falsely claimed…

Dow tumbles more than 600 points while GameStop continues to soar

January 29, 2021 11:22 am CNN Newsource

It has been a turbulent week on Wall Street. GameStop soared some 100% at the opening bell, after trading platforms including Robinhood lifted…

Reddit investors shake up Wall Street — again

January 29, 2021 11:17 am CNN Newsource

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GM looks to sell only emission-free vehicles by 2035

January 29, 2021 10:26 am CNN Newsource

General Motors said Thursday it plans to be carbon neutral by 2040 in its global operations and hopes to offer only zero-emissions vehicles by 2035.…

Dow slips while GameStop and others continue to soar

January 29, 2021 10:20 am CNN Newsource

It has been a crazy week on Wall Street — and Friday trading is still in the early going. GameStop soared some 100% at the opening bell, after…

HNA once wanted to rule the world. Now it faces bankruptcy

January 29, 2021 9:15 am CNN Newsource

HNA Group was once one of China’s largest conglomerates, spending billions of dollars to expand its reach around the world. Now it could go…

Analysis: Hedge funds bitching about Reddit can cry me a river

January 29, 2021 8:20 am CNN

The irony is delicious. An online flash mob beats Wall Street insiders at their own game. Connected on social media during a work-from-home pandemic…

Travel to Antarctica during Covid-19: What you need to know before you go

January 29, 2021 7:27 am CNN

If you’re planning to travel to Antarctica, here’s what you’ll need to know and expect if you want to visit during the Covid-19…

The forces driving the GameStock rebellion

January 29, 2021 7:20 am CNN

“Stop the steal!” Trumpist insurgents shouted as they rampaged through the US Capitol on Jan. 6, referring to what they falsely claimed…

The GameStop phenomenon has gone global

January 29, 2021 6:28 am CNN Newsource

The GameStop mania that’s hijacked US markets is grabbing the attention of investors all over the world, as traders from London to Mumbai try…

Buh-bye, skinny jeans: Levi’s is embracing a baggy look

January 29, 2021 6:08 am CNN Newsource

Skinny jeans have had their moment. Comfy clothing is what consumers want now, and Levi’s is ready to deliver with more generous-fitting and…

Jon Stewart joins Twitter and defends the Redditors

January 29, 2021 5:56 am CNN Newsource

Comedian and former “Daily Show” host Jon Stewart is finally on Twitter, and his first tweet was about the GameStop-Reddit mayhem on Wall…

China’s army of small investors want in on the GameStop mania

January 29, 2021 4:56 am CNN Newsource

The frenzy over GameStop has inspired amateurs everywhere to shake up stock markets. Now China’s massive army of retail investors wants to get…

Robinhood gets $1 billion infusion, signaling cash crunch

January 29, 2021 4:33 am CNN Newsource

Robinhood raised $1 billion from existing investors just hours after it halted purchases of GameStop, suggesting the free-trading app faced a…

Robinhood to ease trading restrictions. GameStop stock soars 100%

January 29, 2021 3:59 am CNN

GameStop traders sent the stock on a wild ride Thursday, and it looks set for another manic session Friday. The stock lost more than 44% of its value…

Dogecoin soars 370% as Reddit group works to send the cryptocurrency ‘to the moon’

January 29, 2021 3:55 am CNN Newsource

Dogecoin is the latest target of hyped-up Reddit users. The virtual currency, which originally started as an internet parody based on a viral dog…

Robinhood raised $1 billion after halting GameStop purchases

January 29, 2021 3:40 am CNN Newsource

Robinhood raised $1 billion from existing investors just hours after it halted purchases of GameStop, suggesting the free-trading app faced a…

Class-action lawsuit filed against Robinhood following outrage over GameStop stock restriction

January 29, 2021 1:23 am CNN

A Robinhood customer filed a class-action lawsuit against the stock-trading app Thursday after the company barred traders from buying shares of…