Stocks tumble as Moody’s warns it could cut credit ratings of 6 big US banks
By Olesya Dmitracova, CNN (CNN) — Moody’s has put the credit ratings of six large US banks, including Bank of New York Mellon, State Street…
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Taylor Swift friendship bracelet trend has Etsy shop owners cashing in
By Samantha Murphy Kelly, CNN (CNN) — Jamie Thompkins works full-time as an events manager in Oklahoma City, Oklahoma, but stays up well past…
Continue ReadingThousands of flights are delayed after severe storms disrupt air travel
By Jordan Valinsky, CNN New York (CNN) — Thousands of flights have been delayed or canceled Tuesday following a round of severe storms that…
Continue ReadingUPS says its profit will fall after it reaches a Teamsters deal
By Chris Isidore, CNN New York (CNN) — UPS’s tentative labor deal with the Teamsters hasn’t even taken effect yet. But it has already taken…
Continue ReadingUS small businesses feel better about the economy, but still can’t find enough skilled workers
By Bryan Mena, CNN Washington, DC (CNN) — US small businesses are noticing slightly better business conditions and are feeling less pessimistic…
Continue ReadingChina’s economy suffers new blow as exports drop 14% in July
By Laura He, CNN Hong Kong (CNN) — China’s exports suffered their biggest drop in more than three years in July as global demand slowed,…
Continue ReadingHSBC exec apologizes after calling the UK ‘weak’ for following US lead over China
By Michelle Toh, CNN Hong Kong (CNN) — A top executive at HSBC has apologized after reportedly calling the UK government “weak” for caving…
Continue ReadingMattel announces limited-edition ‘Weird Barbie’ doll for sale
CNN By Eva Rothenberg, CNN (CNN) — Some might say Weird Barbies are made, not sold. Mattel, however, begs to differ. The toy company behind the…
Continue ReadingMattel announces limited-edition ‘Weird Barbie’ doll for sale
By Eva Rothenberg, CNN (CNN) — Some might say Weird Barbies are made, not sold. Mattel, however, begs to differ. The toy company behind the…
Continue ReadingBeyond Meat earnings drop 30% with falling demand
By Ramishah Maruf, CNN New York (CNN) — Troubled plant-based meat company Beyond Meat (BYND) posted a 30% revenue decline in the second quarter…
Continue ReadingThousands of flights are delayed after severe storms disrupt air travel
CNN By Jordan Valinsky, CNN New York (CNN) — Thousands of flights have been delayed or canceled Tuesday following a round of severe storms that…
Continue ReadingCampbell Soup Company buys Sovos Brands, maker of Rao’s for $2.7 billion
By Eva Rothenberg, CNN New York (CNN) — Iconic canned soup company Campbell is expanding its reach in the Italian food market. Campbell (CPB)…
Continue ReadingIt’s not just actors: Over 11,000 city workers will strike in LA on Tuesday
By Samantha Delouya, CNN (CNN) — Over 11,000 Los Angeles city workers are planning to strike on Tuesday, according to the union that represents…
Continue ReadingIt’s not just actors: Over 11,000 city workers will strike in LA on Tuesday
CNN By Samantha Delouya, CNN (CNN) — Over 11,000 Los Angeles city workers are planning to strike on Tuesday, according to the union that…
Continue ReadingAfter trying for three years, Paramount finally unloads Simon & Schuster for $1.6 billion
By Ramishah Maruf, CNN New York (CNN) — Paramount has agreed to sell Simon & Schuster to private equity firm KKR for $1.6 billion in cash,…
Continue ReadingThousands of flights delayed as bad weather threatens Eastern US
By Gregory Wallace and Eva Rothenberg (CNN) — More than 9,000 flights have been impacted by the severe summer storms that are pounding the…
Continue ReadingPayPal bets on crypto’s future with US-dollar-backed stablecoin
By Allison Morrow, CNN New York (CNN) — PayPal is rolling out its first stablecoin as it attempts to capitalize on the “emerging potential”…
Continue ReadingTyson is closing four plants as chicken sales slump
By Danielle Wiener-Bronner, CNN New York (CNN) — Chicken prices are down. That’s good news for chicken eaters, but bad news for Tyson Foods.…
Continue ReadingGoogle moves forward with plan to delete inactive accounts
By Jennifer Korn New York (CNN) — Google is moving ahead with its plan to delete accounts that have been inactive for at least two years.…
Continue ReadingUS economy still needs ‘multiple’ rate hikes, says top Fed official
By Matt Egan, CNN New York (CNN) — A senior official at the Federal Reserve is pushing back against growing hopes on Wall Street that the…
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