Who’s manning the train? Railroads want a one-person crew
CNN By Chris Isidore and Vanessa Yurkevich, CNN When a freight train travels across the country, two people are in the cab of the locomotive working…
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What to do about the highest interest rate in 15 years
By Jeanne Sahadi, CNN In its last policymaking meeting of the year, the Federal Reserve on Wednesday raised its benchmark interest rate for the…
Continue ReadingNew home sales rose in November, defying expectations
CNN, CNN BUSINESS By Anna Bahney, CNN Business New home sales were up in November from the month before, even as prices remained elevated and buyers…
Continue ReadingParents of Sam Bankman-Fried face scrutiny over their roles in FTX
By Allison Morrow, CNN Sam Bankman-Fried’s multibillion-dollar crypto empire was run primarily by “grossly inexperienced and…
Continue ReadingGood news on inflation: The Fed’s favorite gauge shows price increases are moderating
CNN, CNNBUSINESS By Alicia Wallace, CNN The trend is clear: Inflation is cooling off in America. The Federal Reserve’s preferred measurement of…
Continue ReadingThe Washington Post will conduct layoffs, its publisher says at contentious town hall
By Oliver Darcy, CNN The Washington Post will conduct layoffs in the coming year as it reorients itself for the future and reinvests in other areas,…
Continue ReadingAn electric scooter company just pulled off Russia’s only IPO of the year
By Julia Horowitz, CNN An electric scooter service just became the only company to pull off an initial public offering in Russia this year. Whoosh,…
Continue ReadingAttention procrastinators: Drop-dead holiday shipping deadlines are coming soon
By Parija Kavilanz, CNN It happens every year — the mad dash to ship holiday gifts to get them to loved ones on time. And it bears repeating,…
Continue ReadingBernard Arnault just became the world’s richest person. So who is he?
By Hanna Ziady, CNN Bernard Arnault, the chairman of French luxury goods giant LVMH, has just become the first European to top Bloomberg’s list…
Continue ReadingInvestors are hoping for the economic tide to turn. The wait may soon be over
By Nicole Goodkind, CNN It’s been a harrowing year for markets and investors are tired. Months of sky-rocketing inflation and interest rates,…
Continue ReadingElizabeth Warren unveils bipartisan bill to crack down on crypto money laundering
By Matt Egan, CNN As federal prosecutors seek to imprison former crypto darling Sam Bankman-Fried, Sen. Elizabeth Warren is attempting to push…
Continue ReadingChina bets on private sector to boost Covid-hit economy
CNN By Laura He, CNN Beijing has vowed to go all out next year to save its Covid-hit economy by boosting consumption and loosening control over…
Continue ReadingWhy people in China are panic buying canned yellow peaches as Covid surges
By Laura He and Jennie Chen, CNN An unprecedented wave of Covid cases in China has sparked panic buying of fever medicines, pain killers, and even…
Continue ReadingThe Fed lifts rates by half a point, acknowledging that inflation is easing
By Nicole Goodkind, CNN The Federal Reserve approved a half-point interest rate hike on Wednesday, a smaller increase than in recent months and an…
Continue ReadingBinance withdrawals jump to $3 billion in 24 hours, research firm says
CNN By Michelle Toh, CNN Investors withdrew as much as $3 billion from Binance on Tuesday, according to blockchain analytics firm Nansen, as a deluge…
Continue ReadingBinance withdrawals jump to $3 billion in 24 hours, research firm says
By Michelle Toh, CNN Investors withdrew as much as $3 billion from Binance on Tuesday, according to blockchain analytics firm Nansen, as a deluge of…
Continue Reading‘Harry & Meghan’ is Netflix’s most watched documentary debut in its first week
by Gayle Harrington, CNN Netflix’s documentary about Prince Harry and Meghan, Duchess of Sussex, debuted with a total of 81.55 million hours…
Continue Reading‘Harry & Meghan’ is Netflix’s most watched documentary debut in its first week
CNN by Gayle Harrington, CNN Netflix’s documentary about Prince Harry and Meghan, Duchess of Sussex, debuted with a total of 81.55 million…
Continue ReadingFTX founder indicted on eight criminal charges including fraud and conspiracy
By Matt Egan and Allison Morrow, CNN FTX founder Sam Bankman-Fried was indicted on eight criminal charges including wire fraud and conspiracy by…
Continue ReadingDanish bank pleads guilty to multi-billion dollar fraud scheme on U.S. Banks
By Hannah Rabinowitz, CNN Federal prosecutors announced a plea deal and $2 billion forfeiture Tuesday with Danske Bank, one of Denmark’s…
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