Main Street investors bet on comeback for regional banks
CNN By Nicole Goodkind, CNN Forget the banking crisis — Main Street’s retail investors have barreled into embattled bank stocks. It looks…
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There are storm clouds ahead for the economy, JPMorgan Chase CEO says
CNN By Nicole Goodkind, CNN The banking crisis caused by the recent collapse of Silicon Valley Bank and Signature Bank has increased the odds of a US…
Continue ReadingMortgage rates fall for the fourth week in a row
By Anna Bahney, CNN Homebuyers benefited from another week of falling mortgage rates, with the average rate dropping for the fourth week in a row,…
Continue ReadingBanks are in turmoil but a bigger financial crisis may be brewing elsewhere
By Anna Cooban, CNN The International Monetary Fund warned this week of “vulnerabilities” among so-called non-bank financial…
Continue ReadingSouthwest Airlines’ CEO got 75% pay hike ahead of service meltdown
By Chris Isidore, CNN Bob Jordan, who took over as CEO of Southwest Airlines in February 2022, just 10 months before the airline’s epic holiday…
Continue ReadingMoments following stabbing of Bob Lee captured on video and 911 call, local news site reports
By Taylor Romine and Kevin Flower, CNN The moments following the San Francisco stabbing attack of Cash App founder Bob Lee were captured on…
Continue ReadingMoments following stabbing of Bob Lee captured on video and 911 call, local news site reports
CNN, KGO By Taylor Romine and Kevin Flower, CNN The moments following the San Francisco stabbing attack of Cash App founder Bob Lee were captured on…
Continue ReadingProtesters storm BlackRock’s Paris office holding red flares and firing smoke bombs
By Pierre Bairin and Hanna Ziady, CNN Demonstrators forced their way into the building that houses BlackRock’s office in Paris Thursday, taking…
Continue Reading‘We’re at a tipping point:’ What to expect from the jobs report on Friday
By Alicia Wallace, CNN The US labor market has kept trucking right along even as other areas of the economy have slowed. But that once high-octane…
Continue ReadingIs the US economy ‘unwell?’ We’re about to find out
By Nicole Goodkind, CNN After months of a remarkably strong US labor market and economy, everything seems to be slowing down. The latest…
Continue ReadingNPR criticizes Twitter for slapping it with a ‘state-affiliated media’ label
By Brian Fung, CNN NPR sharply criticized Twitter on Wednesday after the social media platform, in an apparent violation of its own policies, labeled…
Continue ReadingChipotle accuses Sweetgreen of trademark infringement over its ‘chipotle chicken’ bowl
By Jordan Valinsky, CNN Chipotle Mexican Grill is suing rival Sweetgreen for trademark infringement over the latter’s recently released salad…
Continue ReadingDominion can force Murdochs to testify at Fox News defamation trial, judge says
By Marshall Cohen, CNN Dominion Voting Systems can force Fox Corporation executives Rupert and Lachlan Murdoch to testify on the witness stand at…
Continue ReadingHere’s why beef is still pricey
By Danielle Wiener-Bronner, CNN A slowing economy may lead to a decline in sales of pricey beef cuts, but don’t look for any bargains just yet.…
Continue ReadingHere’s why beef is still pricey
CNN By Danielle Wiener-Bronner, CNN A slowing economy may lead to a decline in sales of pricey beef cuts, but don’t look for any bargains just…
Continue ReadingBed Bath & Beyond gets $120 million lifeline to help it stock near-empty shelves
By Chris Isidore, CNN Cash-starved Bed, Bath & Beyond, which is scrambling to avoid bankruptcy, announced a $120 million lifeline to help it…
Continue ReadingThe Fed could easily drive Black unemployment much higher than the overall jobless rate
By Krystal Hur, CNN Millions of jobs could be on the chopping block this year, as the Federal Reserve continues its rate-hiking campaign to tame…
Continue ReadingRam electric pickup truck can go 500 miles on a charge, says Stellantis
By Peter Valdes-Dapena, CNN Stellantis chief executive Carlos Tavares has said in the past that the company’s electric Ram pickup truck, while…
Continue ReadingThese are the only stocks that matter right now
By Nicole Goodkind, CNN US stocks have been incredibly resilient this year. In the midst of a banking crisis, historically high interest rates,…
Continue ReadingTucker Carlson, Sean Hannity among prominent Fox hosts, execs set to take stand at defamation trial
By Marshall Cohen and Kate Trafecante, CNN Fox News said in a court filing Tuesday that it plans to put some of its most prominent executives and TV…
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