Massive jobs surprise: US economy added 528,000 jobs in July
By Alicia Wallace, CNN Business The US economy has now regained all jobs lost during the pandemic, after a blowout July jobs report that showed a…
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Oil slides under $90 to fresh six-month lows on demand worries
By Matt Egan The selloff in the oil market gathered momentum Thursday on growing concerns about weakening demand for gasoline. US oil dropped 2.3% to…
Continue ReadingJudge denies Alex Jones’ attorney’s request for a mistrial
By Oliver Darcy, CNN Business A Texas judge on Thursday denied a request for a mistrial from the attorney for right-wing conspiracy theorist Alex…
Continue ReadingABC names Alyssa Farah Griffin and Ana Navarro as permanent co-hosts on ‘The View’
By Oliver Darcy, CNN Business Alyssa Farah Griffin and Ana Navarro, two conservatives who have been extraordinarily critical of former President…
Continue ReadingWall Street’s lavish bonuses are getting slashed
CNN, CNN BUSINESS By Allison Morrow, CNN Business Last year was a busy, chaotic one on Wall Street. Mergers, acquisitions and new stock listings were…
Continue ReadingWall Street’s lavish bonuses are getting slashed
By Allison Morrow, CNN Business Last year was a busy, chaotic one on Wall Street. Mergers, acquisitions and new stock listings were going a mile a…
Continue ReadingWall Street’s lavish bonuses are getting slashed
CNN By Allison Morrow, CNN Business Last year was a busy, chaotic one on Wall Street. Mergers, acquisitions and new stock listings were going a mile…
Continue ReadingIs anyone buying couches and beds from Wayfair anymore?
By Nathaniel Meyersohn, CNN Business Early in the pandemic, people realized they were going to be spending a lot more time at home. So they decided…
Continue ReadingThis is a great time to be an airline. It’s the worst time to be a passenger
CNN, CNN BUSINESS By Chris Isidore, CNN Business US airlines just had one of the most lucrative quarters in history. Passengers are suffering for it.…
Continue ReadingThis is a great time to be an airline. It’s the worst time to be a passenger
By Chris Isidore, CNN Business US airlines just had one of the most lucrative quarters in history. Passengers are suffering for it. The record…
Continue ReadingLucid shares plunge as it cuts production target in half
By Chris Isidore, CNN Business Shares of luxury electric car maker Lucid plunged more than 10% Thursday after the company disclosed it will make…
Continue ReadingOpinion: 5 ways the Inflation Reduction Act will help American families
Opinion by Van Jones and Jessie Buendia for CNN Business Perspectives America needs a new approach to energy. Nothing has shown that as well as the…
Continue ReadingEx-Fed insider: A full-blown recession is ‘almost certainly’ coming
By Matt Egan, CNN Business The Federal Reserve’s war on inflation will eventually kill the economic recovery from Covid-19, former Fed official…
Continue ReadingMortgage rates drop below 5% for first time since April
By Anna Bahney, CNN Business Mortgage rates dropped for the second week in a row, falling below 5% for the first time since mid-April. The 30-year…
Continue ReadingAlibaba shares pop as revenue beats expectations
By Michelle Toh, CNN Business Alibaba just posted flat revenue growth for the first time since becoming a public company, but investors don’t…
Continue ReadingThe party is over at Robinhood. But meme mania lingers
By Julia Horowitz, CNN Business Robinhood got off to a rocky start when it made its Wall Street debut one year ago, but hopes for the buzzy trading…
Continue ReadingThe Bank of England just made its biggest rate hike in 27 years
By Anna Cooban, CNN Business Central bankers in the United Kingdom have announced the biggest increase in interest rates in 27 years, as spiraling…
Continue ReadingThe party is over at Robinhood. But meme mania lingers
CNN, CNN BUSINESS By Julia Horowitz, CNN Business Robinhood got off to a rocky start when it made its Wall Street debut one year ago, but hopes for…
Continue ReadingChina’s military drills around Taiwan threaten to upend global trade
By Laura He, CNN Business China’s live-fire military drills around Taiwan are threatening to disrupt trade and commercial travel in East Asia,…
Continue ReadingChina’s military drills around Taiwan threaten to upend global trade
CNN By Laura He, CNN Business China’s live-fire military drills around Taiwan are threatening to disrupt trade and commercial travel in East…
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