Americans’ net worth surged by a record 37% from 2019-2022
By Alicia Wallace, CNN Minneapolis (CNN) — Americans’ net worth surged at a historic pace from 2019 to 2022, a reflection of the pandemic…
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‘Deeply ashamed.’ Another major UPenn backer halts donations and calls on other Jews to do the same
By Matt Egan (CNN) — Venture capitalist David Magerman is the latest major donor to the University of Pennsylvania cutting off financial…
Continue ReadingHomebuilding bounced back in September
By Anna Bahney, CNN Washington, DC (CNN) — US homebuilding bounced back in September, after dropping in August to the lowest levels since 2020…
Continue Reading5 things to know for Oct. 19: Israel, House speaker, Covid-19, Pollution, UFOs
CNN, CNN BUSINESS By Alexandra Meeks, CNN (CNN) — An artificial intelligence innovation recently deciphered one word from the famously…
Continue ReadingThis 1980s Domino’s delivery car looks like a spaceship, and you can buy it
By Peter Valdes-Dapena, CNN Business (CNN) — The 1985 Domino’s Pizza delivery car looks more like it was designed to shoot down invading…
Continue ReadingWhat the Israel-Hamas war means for defense stocks
By Nicole Goodkind, CNN New York (CNN) — When war breaks out, defense companies tend to make money. That means aerospace and defense stocks…
Continue ReadingTaiwan’s Foxconn to build ‘AI factories’ with Nvidia
By Eric Cheung, CNN Taipei (CNN) — Taiwan’s Foxconn says it plans to build artificial intelligence (AI) data factories with technology from…
Continue ReadingPremiums for family health insurance at work jump to nearly $24,000 this year
By Tami Luhby, CNN New York (CNN) — Workers and their employers are paying a lot more for job-based health insurance this year. The annual cost…
Continue ReadingUS escalates tech battle by cutting China off from AI chips
By Michelle Toh and Kayla Tausche, CNN Hong Kong/Washington (CNN) — The Biden administration is reducing the types of semiconductors that…
Continue ReadingChina’s economy regains momentum. But real estate remains a drag
By Laura He, CNN Hong Kong (CNN) — China’s economy has regained momentum in the third quarter, with gross domestic product (GDP) expanding by…
Continue ReadingElon Musk’s X is testing an annual fee for unverified accounts
By Clare Duffy, CNN New York (CNN) — After Elon Musk hinted last month that X could start charging all users, the company (formerly known as…
Continue ReadingGM postpones expanding production of electric trucks
By Peter Valdes-Dapena, CNN Business (CNN) — General Motors is putting off adding a second factory for production of its electric pickups until…
Continue ReadingVictoria’s Secret will sell intimate apparel for women with disabilities
By Parija Kavilanz, CNN New York (CNN) — Victoria’s Secret, for the first time, has introduced a collection of bras and panties specifically…
Continue ReadingCNN Poll: Americans overwhelmingly side with autoworkers in ongoing union strike
By Ariel Edwards-Levy, CNN (CNN) — Americans overwhelmingly side with unionized autoworkers in their ongoing strike against major car…
Continue ReadingBillionaire Ronald Lauder threatens to pull funding if UPenn doesn’t do more to fight antisemitism
By Matt Egan, CNN New York (CNN) — Billionaire Ronald Lauder, a powerful financial backer of the University of Pennsylvania, is threatening to…
Continue ReadingWhy Fed officials aren’t addressing the Israel-Hamas war the way they did with Ukraine
By Elisabeth Buchwald, CNN New York (CNN) — When war broke out in Ukraine last year, Federal Reserve officials were quick to speak about it.…
Continue ReadingTupperware picks Spanx veteran as new CEO
By Parija Kavilanz, CNN New York (CNN) — Tupperware Brands named consumer products veteran and former long-time CEO of Spanx Laurie Ann Goldman…
Continue ReadingJudge rules in Citibank’s favor in case against analyst it sacked for claiming his partner’s meals on expenses and lying about it
By Anna Cooban London (CNN) — Citibank has won an employment tribunal case brought by an analyst it sacked for claiming expenses for meals he…
Continue ReadingGoldman Sachs CEO stops doing controversial DJ gigs
By Nicole Goodkind, CNN New York (CNN) — Lollapalooza will never be the same. Goldman Sachs chief executive (and noted party DJ) David Solomon…
Continue ReadingUS retail sales rose in September for the sixth-straight month
By Bryan Mena, CNN Washington, DC (CNN) — Spending at US retailers continued to grow last month, a fresh sign that American shoppers aren’t…
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