Stocks sizzled in January as rate hike and inflation fears ebbed
CNN, POOL, INTERNATIONAL MONETARY FUND, NATIONAL PRESS CLUB By Paul R. La Monica, CNN New year, new attitude on Wall Street. Stocks are off to a…
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Is this the beginning of the end for Big Oil’s windfall?
By Nicole Goodkind, CNN Oil and gas companies have had two years of skyrocketing growth, but this earnings season could mark the beginning of their…
Continue ReadingGM shares surge after record earnings and new stake in lithium company
By Chris Isidore, CNN General Motors reported a much stronger than expected fourth-quarter profit, lifting full-year results to record levels for the…
Continue ReadingUPS reports record profit but forecasts a slower 2023
By Chris Isidore, CNN UPS reported a record profit for 2022 as its revenue reached $100 billion for the first time since its founding in 1907. The…
Continue ReadingFrench workers bring Paris to a standstill in second mass strike over pension reforms
By Pierre Bairin and Hanna Ziady, CNN French schools and transportation networks were heavily disrupted Tuesday for the second time this month, as…
Continue ReadingAdani vs Hindenburg: India’s top businessman faces biggest test
By Diksha Madhok, CNN India’s richest man Gautam Adani ended his trip to Davos earlier this month on an optimistic note. The infrastructure…
Continue ReadingNearly 1,000 flights already canceled Tuesday as winter storm rolls through the US
By Robert Shackelford, CNN Nearly 1,000 flights were canceled across the United States Tuesday, according to FlightAware, as extreme winter weather…
Continue ReadingNearly 1,000 flights already canceled Tuesday as winter storm rolls through the US
CNN, WLEX, KTVT By Robert Shackelford, CNN Nearly 1,000 flights were canceled across the United States Tuesday, according to FlightAware, as extreme…
Continue ReadingChina’s economic activity expands for the first time in months as Covid ‘exit wave’ ends
CNN By Laura He, CNN Economic activity in China has expanded for the first time in four months as disruptions caused by the abrupt end of its…
Continue ReadingChina’s economic activity expands for the first time in months as Covid ‘exit wave’ ends
By Laura He, CNN Economic activity in China has expanded for the first time in four months as disruptions caused by the abrupt end of its zero-Covid…
Continue ReadingA radioactive capsule is missing in Australia. It’s tiny and potentially deadly
By Heather Chen and Hilary Whiteman, CNN It’s like looking for a needle in a haystack — an 8mm by 6mm silver capsule, no bigger than a…
Continue ReadingParamount is integrating Showtime into its streaming service and giving the premium network a new name
By Oliver Darcy, CNN Goodbye, Showtime. Hello, Paramount+ With Showtime. The premium television network is getting its first name change in the…
Continue ReadingGlobal economic outlook slightly ‘less gloomy,’ Europe ekes out growth
By Julia Horowitz, CNN The global economy will weaken this year as rising interest rates and Russia’s war in Ukraine continue to weigh on…
Continue ReadingProsecutors say Sam Bankman-Fried tried to obscure his crimes with Robinhood’s stock
By Kara Scannell, CNN Federal prosecutors said FTX founder Sam Bankman-Fried’s efforts to control about $500 million worth of Robinhood shares…
Continue ReadingBill Gates says he shouldn’t have had dinners with Jeffrey Epstein
By Ramishah Maruf, CNN Microsoft founder Bill Gates said he “shouldn’t have had dinners” with Jeffrey Epstein during an interview…
Continue ReadingNew year, new voters in Fed policymaking
By Alicia Wallace, CNN Every year the Federal Reserve’s policymaking committee — aka the officials who decide interest rate moves — gets a…
Continue ReadingWinter heating costs likely won’t be as high as feared, but many still need help
By Tami Luhby, CNN Heating your home this winter likely won’t burn quite as big a hole in your wallet as initially forecast. Both the US Energy…
Continue ReadingFAA promises changes to prevent repeat of air travel safety system collapse
By Gregory Wallace and Chris Isidore, CNN The Federal Aviation Administration plans to dramatically accelerate replacing the safety system whose…
Continue ReadingFord drops the price of its Tesla competitor
By Peter Valdes-Dapena, CNN Business Ford is boosting production of its popular Mustang Mach-E electric SUV and dropping its sticker price weeks…
Continue ReadingCEO pay cuts could be just the start
By Matt Egan, CNN Business Corporate boards are slashing the pay of some leading CEOs in a new trend that could just be getting started. The pay cuts…
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