48,000 University of California academic workers go on strike
By Stella Chan and Taylor Romine, CNN About 48,000 academic employees across the University of California system walked off the job Monday morning,…
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MacKenzie Scott announces another $2 billion in donations
By Ramishah Maruf, CNN Business Billionaire philanthropist MacKenzie Scott has donated almost $2 billion to more than 300 organizations in the last…
Continue ReadingA third railroad union rejects proposed contract, further raising the odds of a strike
By Chris Isidore and Vanessa Yurkevich, CNN Business A third railroad union has rejected a tentative labor deal, a move that further raises the odds…
Continue ReadingCustomers who trusted crypto giant FTX may be left with nothing
CNN By Allison Morrow, CNN Business As the dust settles from one of the most shocking financial implosions in history, one of the key unknowns is how…
Continue ReadingSlower pace of rate increases could be coming ‘soon,’ says Fed vice chair
By Alicia Wallace, CNN Business It could soon be time for the Federal Reserve to ease up on its super-sized rate interest hikes, according to the…
Continue ReadingCustomers who trusted crypto giant FTX may be left with nothing
By Allison Morrow, CNN Business As the dust settles from one of the most shocking financial implosions in history, one of the key unknowns is how…
Continue ReadingHold off on big purchases like TVs, Jeff Bezos warns
By Brian Fung, CNN Business Amazon founder Jeff Bezos recently warned consumers and businesses they should consider postponing large purchases in the…
Continue ReadingTech stocks have been crushed. What’s next for the FAANGs?
By Paul R. La Monica, CNN Business The great bull run for tech stocks may finally be over. It has been a brutal year for the leading companies of…
Continue ReadingWhat’s behind wide salary ranges after New York’s pay transparency law
By Jeanne Sahadi, CNN Business It’s not unusual for two people with the same title to be paid somewhat different salaries. Pay, after all, is…
Continue ReadingTesla heads to court to defend Elon Musk’s pay
CNN By Matt McFarland, CNN Business Tesla headed to court today to defend the huge compensation package that helped make CEO Elon Musk the richest…
Continue ReadingTesla heads to court to defend Elon Musk’s pay
By Matt McFarland, CNN Business Tesla headed to court today to defend the huge compensation package that helped make CEO Elon Musk the richest person…
Continue ReadingJeff Bezos’ top tips for managing the economic downturn
CNN By Brian Fung, CNN Business Amazon founder Jeff Bezos recently warned consumers and businesses they should consider postponing large purchases in…
Continue ReadingExclusive: Jeff Bezos says he will give most of his money to charity
CNN By Brian Fung, CNN Amazon founder Jeff Bezos plans to give away the majority of his $124 billion net worth during his lifetime, telling CNN in an…
Continue ReadingExclusive: Jeff Bezos says he will give most of his money to charity
By Brian Fung, CNN Amazon founder Jeff Bezos plans to give away the majority of his $124 billion net worth during his lifetime, telling CNN in an…
Continue ReadingCrypto is in crisis. It’s not just because of FTX
By Nicole Goodkind, CNN Business The stunning downfall of FTX, one of the largest cryptocurrency exchanges, sent shockwaves through the crypto…
Continue ReadingWhat’s at stake for the world’s top two economies as Biden and Xi meet
By Juliana Liu, CNN Business When President Joe Biden took office in January 2021, there were expectations on both sides of the Pacific that he would…
Continue ReadingCrypto crisis continues. Here’s the latest on the FTX collapse
By Diksha Madhok, CNN Business Aftershocks from the massive earthquake in the trillion-dollar crypto industry last week continued to reverberate on…
Continue ReadingChina’s real estate crisis could be over. Property stocks are soaring
By Laura He, CNN Business Chinese authorities are making their biggest effort yet to end a crisis in the country’s vast real estate sector that…
Continue ReadingBankrupt crypto exchange FTX is under criminal investigation in The Bahamas
By Matt Egan Authorities in The Bahamas are investigating potential criminal misconduct surrounding the stunning implosion of crypto exchange FTX,…
Continue Reading‘Black Panther: Wakanda Forever’ notches record opening for November
By Frank Pallotta, CNN Business “Black Panther: Wakanda Forever” had the major challenge of following “Black Panther,” one of…
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