Coinbase lays off 18% of its workforce and warns of ‘crypto winter’
By Jordan Valinsky, CNN Business Crypto exchange Coinbase is laying off 18% of its employees as the digital currency market continues to crumble. CEO…
Continue ReadingMoney
Key inflation measure slows slightly, but remains uncomfortably high
CNN By Chris Isidore, CNN Business A key inflation reading showed a glimmer of hope on Tuesday, revealing a slight slowdown in rising prices —…
Continue ReadingKey inflation measure slows slightly, but remains uncomfortably high
By Chris Isidore, CNN Business A key inflation reading showed a glimmer of hope on Tuesday, revealing a slight slowdown in rising prices —…
Continue ReadingBonds are sending a stark message about the economy
By Julia Horowitz, CNN Business Turmoil in stocks has been grabbing headlines. But warning signs are also flashing in global bond markets, revealing…
Continue ReadingBonds are sending a stark message about the economy
CNN By Julia Horowitz, CNN Business Turmoil in stocks has been grabbing headlines. But warning signs are also flashing in global bond markets,…
Continue ReadingAmerica’s workers gained power during Covid. A volatile economy will put that to the test
By Alicia Wallace, CNN Business The pandemic shone a spotlight on the vast disparities in benefits and rights among America’s workforce and…
Continue ReadingWhy gas prices always end in 9/10 of a cent
By Nathaniel Meyersohn, CNN Business As gas prices continue to rise, drivers are angrily glaring up at pump price boards each time they fill up their…
Continue ReadingWhere do you put your money in a bear market? Try wine, art and baseball cards
By Nicole Goodkind, CNN Business US markets are hurting, and investors are panicked. Stocks have entered a bear-market territory as recession fears…
Continue ReadingDow tumbles 876 points and stocks enter bear market on worries of drastic rate hikes
By David Goldman, CNN Business US stocks have plunged into a bear market as Wall Street investors grew increasingly nervous about the prospect of…
Continue ReadingAmerica’s workers gained power during Covid. A volatile economy will put that to the test
CNN, CNNBUSINESS By Alicia Wallace, CNN Business The pandemic shone a spotlight on the vast disparities in benefits and rights among America’s…
Continue ReadingWelcome to the year of the bear
By Allison Morrow, CNN Business Editor’s Note: This story is part of CNN Business’ Nightcap newsletter. To get it in your inbox, sign up…
Continue ReadingBitcoin plunges below $23,000 as the crypto meltdown continues
CNN, CNNBUSINESS By Anna Cooban, CNN Business Bitcoin and other cryptocurrencies continued to slide Tuesday as investors bailed out of risky assets…
Continue ReadingFilm about conservative news figure Matt Drudge is underway
CNN By Oliver Darcy, CNN Business A film about Matt Drudge is in the works. Prospect Park, the production company founded by entertainment industry…
Continue ReadingFilm about conservative news figure Matt Drudge is underway
By Oliver Darcy, CNN Business A film about Matt Drudge is in the works. Prospect Park, the production company founded by entertainment industry…
Continue ReadingDow sinks 800 points and stocks enter bear market on worries of drastic rate hikes
CNN By David Goldman, CNN Business US stocks plunged into bear market territory Monday morning as Wall Street investors grew increasingly nervous…
Continue ReadingAverage US gas price hits $5 for first time
CNN, KTVK, KPHO By Chris Isidore, CNN Business For the first time ever, a gallon of regular gas now costs $5 on average nationwide, according to…
Continue ReadingWhere to hide in a bear market? Soda, peanut butter and tissues
By Paul R. La Monica, CNN Business Stocks plunged again Monday, extending Friday’s losses and officially pushed the S&P 500 into bear…
Continue ReadingOpinion: 3 signs the labor market isn’t as great as it looks
CNN Opinion by Beth Ann Bovino for CNN Business Perspectives As markets reel over fears that an inflation-induced recession is on the horizon, the…
Continue ReadingOpinion: 3 signs the labor market isn’t as great as it looks
Opinion by Beth Ann Bovino for CNN Business Perspectives As markets reel over fears that an inflation-induced recession is on the horizon, the jobs…
Continue ReadingMen want pearls and they’re not afraid to wear them
By Parija Kavilanz, CNN Business Watch your pearls, ladies. The fellas are coming for them. Men are wearing pearl jewelry — necklaces, bracelets,…
Continue Reading