How will the Federal Reserve’s rate hike pause affect the dollar?
By Samantha Delouya, CNN (CNN) — On Wednesday, the Federal Reserve hit pause on its benchmark interest rate after hiking 10 times in a row in a…
Continue ReadingMoney
Disney CFO Christine McCarthy steps down
By Samantha Delouya, CNN Los Angeles (CNN) — Disney (DIS) Chief Financial Officer Christine McCarthy is stepping down from her role and taking…
Continue ReadingScrutiny of PGA Tour’s Saudi deal intensifies as Senate Finance Committee launches investigation
CNN By Samantha Delouya, CNN (CNN) — The backlash to the proposed merger between the PGA Tour and LIV Golf intensified as Senate Finance…
Continue ReadingScrutiny of PGA Tour’s Saudi deal intensifies as Senate Finance Committee launches investigation
By Samantha Delouya, CNN (CNN) — The backlash to the proposed merger between the PGA Tour and LIV Golf intensified as Senate Finance Committee…
Continue ReadingGoogle earned $10 million by allowing misleading anti-abortion ads from ‘fake clinics,’ report says
By Jennifer Korn New York (CNN) — Google has earned more than $10 million over the past two years by allowing misleading advertisements for…
Continue ReadingShoppers on food stamps buy less and go to food banks as benefits shrink
By Nathaniel Meyersohn, CNN New York (CNN) — Kroger and other chains say customers on food assistance programs like SNAP are struggling as aid…
Continue ReadingSummer intern’s commute goes viral: She flies from South Carolina to New Jersey because it’s cheaper than renting
By Jordan Valinsky, CNN New York (CNN) — College interns typically find cheap places to live for the summer. One woman is going to great…
Continue ReadingWhat Tesla’s EV charging win really means for drivers
By Peter Valdes-Dapena, CNN Business (CNN) — There are about 150,000 public electric vehicle chargers of various sorts in the United States,…
Continue ReadingMortgage rates tick down for the second week in a row
By Anna Bahney, CNN Washington, DC (CNN) — Mortgage rates ticked down this week for the second week in a row, as investors absorbed the Federal…
Continue ReadingSenate Judiciary advances journalism bargaining bill targeting Big Tech
By Brian Fung, CNN Washington (CNN) — The Senate Judiciary Committee advanced legislation on Thursday that would give news organizations the…
Continue ReadingSam Bankman-Fried’s trial to be split up as attorneys challenge some counts
CNN By Kara Scannell, CNN New York (CNN) — FTX founder Sam Bankman-Fried will have his criminal trial split into two separate proceedings, a…
Continue ReadingNew report flashes a warning light over 401(k) account balances
By Jeanne Sahadi, CNN New York (CNN) — The average balance in employer-sponsored savings plans last year was $112,572, well below the $141,542…
Continue ReadingTwitter hit with $250 million lawsuit from music publishers over alleged copyright infringement
By Brian Fung, CNN Washington (CNN) — Music publishers sued Twitter for more than $250 million in damages on Wednesday, alleging that the…
Continue ReadingEurope is leading the race to regulate AI. Here’s what you need to know
CNN By Hanna Ziady, CNN London (CNN) — The European Union took a major step Wednesday toward setting rules — the first in the world — on…
Continue ReadingEurope is leading the race to regulate AI. Here’s what you need to know
By Hanna Ziady, CNN London (CNN) — The European Union took a major step Wednesday toward setting rules — the first in the world — on how…
Continue ReadingUS retail sales rose in May
By Bryan Mena, CNN Washington, DC (CNN) — Spending at US retailers rose last month, in a sign that consumers are still fueling the economy.…
Continue ReadingEuropean Central Bank hikes interest rates to highest level in 22 years
By Hanna Ziady, CNN London (CNN) — The European Central Bank raised interest rates by a quarter of a percentage point Thursday and signaled…
Continue ReadingSam Bankman-Fried’s trial to be split up as attorneys challenge some counts
By Kara Scannell, CNN New York (CNN) — FTX founder Sam Bankman-Fried will have his criminal trial split into two separate proceedings, a judge…
Continue ReadingBeyoncé blamed for keeping inflation high in Sweden. Is Springsteen next?
By Anna Cooban, CNN London (CNN) — Swedish consumers now have Beyoncé to blame for their bills, bills, bills. The chief economist at Danske…
Continue ReadingChina cuts rates again as youth unemployment hits new record high
By Michelle Toh, CNN Hong Kong (CNN) — China trimmed another key interest rate Thursday — the second cut this week — after a series of…
Continue Reading