Dow surges thanks to strong earnings and confident consumers
By Paul R. La Monica, CNN Here comes the Santa Claus market rally. Stocks surged Wednesday as investors cheered healthy results from two of…
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Consumer confidence improves in December, a hopeful sign for the economy
By Alicia Wallace, CNN American consumers’ confidence in the US economy grew in December as high inflation continued to ease, according to data…
Continue ReadingHome sales continued to drop in November
By Anna Bahney, CNN Business Home sales in the United States declined for the 10th month in a row in November as surging mortgage rates topped 7% and…
Continue ReadingSam Bankman-Fried will be extradited to the US tonight, Bahamas AG says
By Kara Scannell, Patrick Oppmann and Allison Morrow, CNN Sam Bankman-Fried will be extradited to the United States Wednesday night, Bahamas Attorney…
Continue ReadingCorporate America isn’t afraid of the Fed’s monster rate hikes
By Matt Egan, CNN The Federal Reserve’s super-sized interest rates are not scaring most companies into cutting back on spending, according to a…
Continue ReadingTakeaways from the House committee’s report on Trump taxes
By Jeanne Sahadi, Katie Lobosco and David Goldman, CNN It will take time for lawmakers and the public to digest the trove of documents relating to…
Continue ReadingTakeaways from the House committee’s report on Trump taxes
CNN By Jeanne Sahadi, Katie Lobosco and David Goldman, CNN It will take time for lawmakers and the public to digest the trove of documents relating…
Continue ReadingThe UK just took a step closer to space flight
CNN, CNN BUSINESS By Anna Cooban, CNN The United Kingdom is one step closer to conducting its first ever satellite launch from its own shores. The UK…
Continue ReadingThe UK just took a step closer to space flight
By Anna Cooban, CNN The United Kingdom is one step closer to conducting its first ever satellite launch from its own shores. The UK Civil Aviation…
Continue ReadingJapan just delivered a lump of coal to investors across the globe
By Nicole Goodkind, CNN Wall Street just received a big lump of Christmas coal. A surprise announcement from the Bank of Japan sent investors…
Continue ReadingXiaomi layoffs: Thousands of tech jobs cut as China’s unemployment crisis deepens
By Laura He, CNN Xiaomi, one of the world’s largest smartphone makers, has begun layoffs in China at a time when the world’s second…
Continue ReadingChina’s Covid ‘chaos’: How a shortage of fever drugs is sparking a global run on medicines
By Laura He, Jennie Chen and Eric Cheung, CNN An unprecedented wave of Covid infections in China has triggered widespread drug shortages, as people…
Continue ReadingLionel Messi’s World Cup photos are most-liked Instagram post ever
By Diksha Madhok A photo gallery by Argentine footballer Lionel Messi has become the most-liked Instagram post ever. The images, which show Messi and…
Continue ReadingTikTok executive refuses Jake Tapper’s multiple requests to acknowledge China’s treatment of Uyghurs
CNN By David Goldman, CNN In an interview with CNN’s Jake Tapper Tuesday, a TikTok executive refused multiple times to acknowledge…
Continue ReadingTikTok executive refuses Jake Tapper’s multiple requests to acknowledge China’s treatment of Uyghurs
By David Goldman, CNN In an interview with CNN’s Jake Tapper Tuesday, a TikTok executive refused multiple times to acknowledge China’s…
Continue ReadingShoppers are still buying Nike sneakers
By Nathaniel Meyersohn, CNN Nike’s stock jumped around 11% after the company beat analyst forecasts during its latest quarter. The…
Continue ReadingDisney should spin off ESPN and ABC, analyst says
By Paul R. La Monica, CNN Disney, like most media companies, had a rough year. But one Wall Street analyst has an idea for how Disney could get back…
Continue ReadingCongress passes new retirement rules. What these 7 changes mean for you and your 401(k)
By Jeanne Sahadi, CNN Business There will soon be new retirement rules in place that will make it easier for Americans to accumulate retirement…
Continue ReadingMorgan Stanley warns US profits could drop like in 2008, tanking stocks
By Matt Egan, CNN One of Wall Street’s top executives is worried about a repeat of 2008. At least, partially. Mike Wilson, Morgan’s…
Continue ReadingUK lawmakers call on Sun newspaper to sanction Jeremy Clarkson over ‘violent misogynist’ Meghan article
By Jack Guy, CNN Business A group of British lawmakers are calling for action to be taken against columnist Jeremy Clarkson after he wrote a…
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