Lyft CEO tells employees they must return to the office
By Ramishah Maruf, CNN Lyft’s new CEO David Risher announced another change for the ride-share company: Workers will soon have to return to the…
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Bride says she had her wedding dress held ‘hostage’ in billing dispute involving Bed Bath & Beyond
By Ramishah Maruf, CNN It’s what every bride has nightmares about: A wedding dress disappeared, stained, or — in New Hampshire resident Jesse…
Continue ReadingBed Bath & Beyond, Toys ‘R’ Us and RadioShack all shut down for the same reason
By Nathaniel Meyersohn, CNN In the 1980s, a new type of specialty retail chain started to emerge: “category killers.” The stores’…
Continue ReadingJenny Craig is reportedly winding down its weight-loss centers and warning of mass layoffs
By Nathaniel Meyersohn, CNN Jenny Craig is reportedly shutting down some of its weight-loss centers and warning employees of mass layoffs amid…
Continue ReadingFirst Republic teeters on the edge — again
By Krystal Hur, CNN First Republic Bank’s fate is looking grim. The bank’s stock has plummeted about 75% this week, after a disappointing…
Continue ReadingSignature Bank failed because of ‘poor management,’ FDIC report finds
By Elisabeth Buchwald, CNN The collapse of Signature Bank was due to “poor management,” according to a report from the Federal Deposit…
Continue ReadingHow to negotiate your college’s financial aid offer
By Dayun Park So you want to improve your college’s financial aid package? Fine. Just don’t have your mom call the college to do the…
Continue ReadingThe Fed’s favorite inflation measure cooled again in March
By Alicia Wallace, CNN Inflation may be continuing to cool but there’s also a chill running through the American consumer, the latest report…
Continue ReadingUS worker pay gains picked up in the first quarter
By Bryan Mena, CNN Compensation for US workers picked up in the first three months of the year, showing that a major source of inflationary pressure…
Continue ReadingExxonMobil, Chevron earnings down from record levels but top forecasts
By Chris Isidore, CNN Despite falling gas prices, ExxonMobil and Chevron reported bumper profits last quarter. While they were lower than last year,…
Continue ReadingIs $250,000 still the right limit for deposit insurance? The debate is on
By Julia Horowitz, CNN If my bank fails, how much of my savings will I get back? It’s a scenario no one likes to think about. But in the past…
Continue ReadingESG investing is dying. That’s not a bad thing
By Nicole Goodkind, CNN Environmental, social, and governance-focused funds, which were once deemed the darlings of Wall Street, may be on the way…
Continue ReadingFed autopsy on SVB faults bank’s management — and its own oversight
By Allison Morrow, CNN In a hotly anticipated banking report released Friday morning, the Federal Reserve said it failed to take sufficient action to…
Continue ReadingBBC chairman resigns after controversy involving loan deal for former PM Boris Johnson
By Peter Wilkinson, CNN The embattled chairman of the British Broadcasting Corporaration (BBC), Richard Sharp, resigned on Friday after a report…
Continue ReadingEurope’s economy ticks up in the first quarter but worries linger
By Julia Horowitz, CNN Europe’s economy avoided a recession over the winter, picking up pace slightly in the first quarter of 2023 despite…
Continue ReadingAnother economic indicator: Sales of the ‘Recession Special’ are up at this New York City hot dog joint
CNN By Alicia Wallace, CNN There’s good news on the inflation front: Annual price growth fell to its lowest pace in nearly two years, the…
Continue ReadingFed Chair Jerome Powell pranked into chat with fake President Zelensky
By Bryan Mena, CNN Federal Reserve Chairman Jerome Powell earlier this year held a video chat about the global economy with someone he thought was…
Continue ReadingMusician Ed Sheeran sang and played guitar on the stand during copyright infringement trial
By Chloe Melas, Aaron Cooper, Jennifer Korn and Nicki Brown, CNN Musician Ed Sheeran played guitar and sang on the stand Thursday as part of his…
Continue ReadingHere’s what the SVB report will (and won’t) include, according to top former Fed official
By Elisabeth Buchwald, CNN On Friday, the Federal Reserve is set to release the findings of its investigation into what caused Silicon Valley Bank to…
Continue ReadingGot expired Bed Bath & Beyond coupons? These retailers will take them
By Jordan Valinsky, CNN Business Bed Bath & Beyond’s competitors are coming to the rescue of customers looking to use expired coupons…
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