Americans to spend $1.6 billion less on gas this Memorial Day weekend
By Matt Egan, CNN Business New York (CNN Business) — Much like the skies, the roads will be busy this Memorial Day weekend as Americans…
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Twitter debuts a mid-tier data access plan, to almost immediate backlash
By Brian Fung, CNN Washington (CNN) — Twitter unveiled a new data access tier on Thursday aimed at attracting startups, after its decision to…
Continue ReadingThe Fed’s favorite inflation gauge just heated up — and that could mean another rate hike
CNN, CNN BUSINESS By Alicia Wallace, CNN Minneapolis (CNN) — The US economy has encountered some expected turbulence on inflation’s descent.…
Continue ReadingThe Fed’s favorite inflation gauge just heated up — and that could mean another rate hike
By Alicia Wallace, CNN Minneapolis (CNN) — The US economy has encountered some expected turbulence on inflation’s descent. The Federal…
Continue ReadingWorld’s biggest investment fund takes on Exxon and Chevron over the climate crisis
By Anna Cooban, CNN London (CNN) — The world’s biggest investor in the stock market wants ExxonMobil and Chevron to do more to tackle the…
Continue ReadingShein is about to return to India in a big way
By Michelle Toh, CNN Hong Kong (CNN) — Shein is plotting a major comeback in India, nearly three years after it was booted out of the country.…
Continue ReadingJPMorgan is cutting about 1,000 First Republic Bank employees
By Matt Egan, CNN (CNN) — JPMorgan Chase informed about 1,000 First Republic Bank employees on Thursday that they will no longer have jobs.…
Continue ReadingFord partners with Tesla to give customers access to EV Superchargers
By Samantha Delouya, CNN (CNN) — Ford electric vehicle owners will soon gain access to Tesla’s vast EV charging network, according to the…
Continue ReadingBillionaire entrepreneur’s space tourism company pulls off high-stakes crewed test flight
By Jackie Wattles, CNN (CNN Business) — Virgin Galactic — the space tourism company founded by British billionaire Richard Branson — has…
Continue ReadingMicrosoft leaps into the AI regulation debate, calling for a new US agency and executive order
By Brian Fung, CNN (CNN) — Microsoft joined a sprawling global debate on the regulation of artificial intelligence Thursday, echoing calls for…
Continue ReadingMicrosoft leaps into the AI regulation debate, calling for a new US agency and executive order
CNN By Brian Fung, CNN (CNN) — Microsoft joined a sprawling global debate on the regulation of artificial intelligence Thursday, echoing calls…
Continue ReadingMortgage rates rise as debt ceiling standoff drags on
By Anna Bahney, CNN Washington, DC (CNN) — Mortgage rates are beginning to feel the impact of the debt-ceiling standoff, jumping higher for the…
Continue ReadingHow to protect your investments and finances as debt default worries grow
By Ramishah Maruf, CNN New York (CNN) — On Wednesday night, Fitch Ratings laid out a stark warning to the US government: Raise the debt ceiling…
Continue ReadingShaq gets served — again — in FTX lawsuit
By Allison Morrow, CNN New York (CNN Business) — After months of cat and mouse, lawyers for a group of FTX investors have served Shaquille…
Continue ReadingNasdaq threatens to delist the Trump SPAC from the stock market
By Jordan Valinsky, CNN Business New York (CNN) — Digital World Acquisition Corp., the blank-check firm seeking to merge with former President…
Continue ReadingUS pending home sales held steady in April
By Anna Bahney, CNN Washington, DC (CNN) — US pending home sales held steady in April, remaining unchanged after dropping in March, according…
Continue ReadingThe US economy grew faster in the first quarter than previously reported
By Bryan Mena, CNN Washington, DC (CNN) — US economic growth in the first three months of the year was faster than previously estimated, the…
Continue ReadingAI chip boom sends Nvidia’s stock surging after whopper of a quarter
By David Goldman, CNN New York (CNN) — The AI boom is here, and Nvidia is reaping all the benefits. Shares of Nvidia (NVDA) exploded 28% higher…
Continue ReadingOne of Asia’s top female entrepreneurs is stepping down at Grab, the ride-hailing company she helped found
By Kathleen Magramo, CNN Hong Kong (CNN) — One of Southeast Asia’s most well-known female entrepreneurs is to step down from her operational…
Continue ReadingGermany falls into recession as consumers in Europe’s biggest economy spend less
By Olesya Dmitracova, CNN London (CNN) — Germany has slipped into recession as last year’s energy price shock takes its toll on consumer…
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