US consumer debt jumped by $40 billion in February
By Anneken Tappe, CNN Business Americans got into a lot more debt in February as rampant inflation kept up the pressure, the Federal Reserve’s…
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Tesla marks opening of new Texas Gigafactory with ‘Cyber Rodeo’
By Matt McFarland, CNN Business Tesla held a party Thursday night to mark the opening of its new manufacturing plant in Austin, Texas. Tesla’s…
Continue ReadingHome affordability gets worse as prices and mortgage rates rise
By Anna Bahney, CNN Business As both home prices and mortgage rates rise, buying a home is increasingly unaffordable for a growing number of…
Continue ReadingDiscovery announces executive team for forthcoming Warner Bros. Discovery media giant
By Brian Stelter, CNN Business Discovery chief executive David Zaslav on Thursday announced the leadership team for Warner Bros. Discovery, the media…
Continue ReadingWar in Ukraine is scrambling the world’s ability to fight climate change
By Alicia Wallace, CNN Business The war in Ukraine has thrown the global economy into chaos — and the worst is yet to come, experts say. The…
Continue ReadingRussia has lost 79 planes to sanctions
By Chris Isidore, CNN Business Sanctions put in place in response to Russia’s invasion of Ukraine have caused the nation’s air carriers…
Continue ReadingThis Walmart job starts at $95,000 a year
By Nathaniel Meyersohn, CNN Business Walmart is raising pay for long-haul truck drivers, a taxing job that is increasingly difficult for companies to…
Continue ReadingWhat a real estate bubble would mean for homebuyers
By Anna Bahney, CNN Business As if home prices in the US weren’t high enough, now they’re getting even more expensive. Stubbornly low…
Continue ReadingSoFi stock plunges after Biden extends student loan payment moratorium
By Paul R. La Monica, CNN Business Good news for student loan holders is bad news for anyone who happens to be an investor in fintech company SoFi.…
Continue ReadingJobless claims match 1968 low
By Anneken Tappe, CNN Business America’s labor market is on fire. There are far more available jobs than workers and the latest data on initial…
Continue ReadingMortgage rates rise, inching closer to 5%
By Anna Bahney, CNN business Mortgage rates rose again this week, inching closer to 5%. The 30-year fixed-rate mortgage averaged 4.72% in the week…
Continue ReadingECB President Christine Lagarde tests positive for Covid
By Chris Isidore, CNN Business Christine Lagarde, the president of the European Central Bank, disclosed Thursday that she has tested positive for…
Continue ReadingRachel Maddow’s MSNBC show is going weekly starting in May
CNN By Brian Stelter, CNN Business Starting in May, MSNBC’s highest-rated star Rachel Maddow will be hosting her 9 p.m. Eastern show just one…
Continue ReadingWarren Buffett is buying big again
By Julia Horowitz, CNN Business For years, billionaire investor Warren Buffett has been sitting on a mountain of cash. But with stocks at record…
Continue ReadingMore oil, nuclear power and wind: How the UK plans to tackle the energy crisis
By Anna Cooban, CNN Business The UK government wants to dramatically ramp up production of nuclear power and wind energy, while also drilling for…
Continue ReadingAlex Jones sat for deposition in Sandy Hook defamation suit, attorneys say
By Rob Frehse and Brian Vitagliano, CNN Alex Jones was deposed over two days this week in the defamation suit brought against him by families of…
Continue ReadingNBC News journalists vexed by MSNBC’s move to hire White House press secretary Jen Psaki
CNN By Oliver Darcy, CNN Business NBC News journalists are troubled by and have expressed dismay to network executives about MSNBC’s intention…
Continue ReadingNBC News journalists vexed by MSNBC’s move to hire White House press secretary Jen Psaki
By Oliver Darcy, CNN Business NBC News journalists are troubled by and have expressed dismay to network executives about MSNBC’s intention to…
Continue ReadingOpinion: Binance CEO explains why it’s misleading to say crypto is anonymous
By Richard Quest Ever since governments across the globe started slapping sanctions on Russia over its invasion of Ukraine, cryptocurrencies have…
Continue ReadingOpinion: Binance CEO explains why it’s misleading to say crypto is anonymous
CNN, CNNBUSINESS By Richard Quest Ever since governments across the globe started slapping sanctions on Russia over its invasion of Ukraine,…
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