Volkswagen’s EV sales surge 42% despite slump in China
By Hanna Ziady, CNN Volkswagen says it won’t cut prices to hold onto market share in China, where sales of its electric vehicles plunged in the…
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Why these bank stocks aren’t getting crushed
By Julia Horowitz, CNN JPMorgan Chase’s rescue of First Republic Bank in the United States this week didn’t herald the end of the banking…
Continue ReadingWhat to expect from the jobs report
By Alicia Wallace, CNN If the latest employment trends continue and economists’ forecasts prove true, Friday’s jobs report could bring…
Continue ReadingFirst Horizon stock tumbles after TD Bank merger collapses
By David Goldman, CNN First Horizon and TD Bank have called off a $13 billion deal that would have formed America’s sixth-largest bank, adding…
Continue ReadingDangerous chemical leaks have injured workers at one of America’s largest meat processors
By Casey Tolan and Isabelle Chapman, CNN. Photographs by Austin Steele, CNN Mimi Perkins’ job on the graveyard shift at a Tyson Foods poultry…
Continue ReadingNearly half of Americans are nervous about their money in the bank, Gallup survey finds
By Matt Egan, CNN Nearly half of American adults say they are concerned about the safety of the money they keep in banks, according to a Gallup poll…
Continue ReadingWashington is letting Chinese airlines increase flights to America
By Michelle Toh, CNN The United States said Wednesday it would allow Chinese airlines to boost their services to America, handing the carriers a…
Continue ReadingIndia’s top female wrestlers are camping on the streets of New Delhi. Here’s why
CNN By Vedika Sud, Rhea Mogul and Sania Farooqui CNN The women wake just after dawn at the makeshift protest site, their belongings stacked under…
Continue Reading‘This May Day is crazy’: China’s holiday spending exceeds pre-pandemic levels for the first time
By Laura He, CNN Holiday spending during China’s Golden Week has surged past pre-pandemic levels for the first time in three years, in a sign…
Continue ReadingMichelle Obama launches healthy food and beverage company for kids
By Jack Forrest, CNN Former first lady Michelle Obama announced Wednesday the launch of a healthy food and beverage company she co-founded to offer…
Continue ReadingTakeaways from the Federal Reserve meeting
By Alicia Wallace, CNN The Federal Reserve on Wednesday announced its 10th-straight interest rate hike, raising its benchmark rate by another quarter…
Continue ReadingWhat the April jobs report means for you, your employer, and the Fed
CNN By Alicia Wallace, CNN High prices, rising interest rates and banking uncertainty be damned: The US labor market is still chugging right along.…
Continue ReadingNew York Times dismissed from lawsuit Trump brought over disclosure of his tax documents
By Tierney Sneed and Oliver Darcy, CNN A New York judge dismissed a 2021 lawsuit that former President Donald Trump brought against the New York…
Continue ReadingWhite House warns debt default could wipe out 8 million jobs, plunge stock market
CNN, POOL, THE WHITE HOUSE, SENATE TV By Matt Egan, CNN White House economists warned on Wednesday that a protracted debt default would cause the…
Continue ReadingRead this to understand what Fed Chair Powell said today
By Elisabeth Buchwald, CNN When Federal Reserve Chair Jerome Powell talks, markets listen. But you may not. But what Powell says matters a lot. He…
Continue ReadingJury briefly deliberates in Ed Sheeran copyright infringement case before ending for the day
By Nicki Brown and Sabrina Souza, CNN The jury in the Ed Sheeran copyright infringement case — about whether Sheeran’s smash single…
Continue ReadingPacWest Bank says considering ‘all options’ after its shares plunge more than 50%
By David Goldman and Mark Thompson, CNN Another US regional lender caught up in the worst banking crisis since 2008 is looking for help. PacWest…
Continue ReadingWhite House warns debt default could wipe out 8 million jobs, plunge stock market
By Matt Egan, CNN White House economists warned on Wednesday that a protracted debt default would cause the loss of more than 8 million jobs and cut…
Continue ReadingWhere to get the best returns on your savings when rates are high
By Jeanne Sahadi, CNN Given the choice between getting a 5% return on your money versus less than half a percent, which would you prefer? The average…
Continue ReadingYour mortgage and home loans: What to do now that the Fed just raised rates again
By Jeanne Sahadi, CNN After the Federal Reserve hiked its key interest rate on Wednesday for the 10th consecutive time, those seeking a mortgage or…
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