Markets close sharply lower as bank stocks take a beating
By Nicole Goodkind, CNN Fear overtook Wall Street Thursday after SVB Financial Group, a bank that lends primarily to tech companies, told investors…
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Fox CEO Lachlan Murdoch dismisses $1.6 billion defamation case revelations as ‘noise’
By Oliver Darcy, CNN Fox Corporation CEO Lachlan Murdoch on Thursday dismissed the revelations from Dominion Voting Systems’ $1.6 billion…
Continue ReadingRussia could weaponize metal exports next, Citi warns
CNN By Julia Horowitz, CNN Russia has restricted exports of natural gas to Europe and announced it will temporarily slash oil output this month in…
Continue ReadingRussia could weaponize metal exports next, Citi warns
By Julia Horowitz, CNN Russia has restricted exports of natural gas to Europe and announced it will temporarily slash oil output this month in…
Continue ReadingThe US economy added 311,000 jobs in February, outpacing expectations
CNN By Alicia Wallace, CNN The US economy added 311,000 jobs in February, according to the latest monthly employment snapshot from the Bureau of…
Continue ReadingMortgage rates rise for the fifth-straight week
By Anna Bahney, CNN Mortgage rates edged further toward 7%, rising for the fifth consecutive week, as the Federal Reserve suggests rate increases…
Continue ReadingEurope’s defense industry is booming as governments stand by Ukraine
By Anna Cooban, CNN After months of soaring stock prices, Europe’s defense companies hardly needed another boost. But a tentative €2 billion…
Continue ReadingGM employees are ‘strongly encouraged’ to consider its voluntary separation program
By Jordan Valinsky, CNN Business General Motors said in January it would save $2 billion without planning any layoffs. But on Thursday it said it was…
Continue ReadingFebruary jobs preview: What to expect after January’s blowout report
By Alicia Wallace, CNN January’s jobs report delivered a heck of a surprise when it showed the US economy had added more than half a million…
Continue ReadingNow even the ‘smart money’ traders are using Reddit for stock tips
By Nicole Goodkind, CNN Reddit investors have been the butt of many jokes over the last few years, but could these much-maligned meme traders have…
Continue ReadingWhite House calls Tucker Carlson ‘shameful’ in extraordinary rebuke
CNN By David Goldman, CNN The White House lashed out at Fox News host Tucker Carlson Wednesday in an extraordinary rebuke of the late-night…
Continue ReadingCredit Suisse delays annual report after ‘late call’ from the SEC
By Hanna Ziady, CNN Credit Suisse can’t catch a break. In the latest piece of troubling news, the beleaguered Swiss bank has delayed the…
Continue ReadingJPMorgan Chase sues former executive Jes Staley over Jeffrey Epstein relationship
By David Goldman, CNN JPMorgan Chase sued former executive James Edward “Jes” Staley, who was largely responsible for JPMorgan’s…
Continue ReadingFox News and Dominion spar in new legal filings
By Oliver Darcy, CNN Dominion Voting Systems and Fox News traded barbs in new court filings Wednesday, with the election technology company accusing…
Continue ReadingCrypto-friendly lender Silvergate collapses
By Allison Morrow, CNN Crypto-focused lender Silvergate said it is winding down operations and will liquidate the bank after being financially…
Continue ReadingWhite House calls Tucker Carlson ‘shameful’ in extraordinary rebuke
By David Goldman, CNN The White House lashed out at Fox News host Tucker Carlson Wednesday in an extraordinary rebuke of the late-night commentator…
Continue ReadingWhite House calls Tucker Carlson ‘shameful’ in extraordinary rebuke
CNN, CNN BUSINESS By David Goldman, CNN The White House lashed out at Fox News host Tucker Carlson Wednesday in an extraordinary rebuke of the…
Continue ReadingThe cost of food is down, but grocery bills are still up. Here’s why
By Danielle Wiener-Bronner, CNN Why aren’t prices falling at the grocery store? When food producers started raising prices a few years ago,…
Continue ReadingTakeaways from the February jobs report
CNN By Alicia Wallace, CNN February’s jobs report had a little something for everyone. For workers, there were jobs; for employers, there were…
Continue ReadingThe number of available jobs in the US shrank in January
By Alicia Wallace, CNN There’s a slight chill running through the US labor market, but the temperature is still too high for the Federal…
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