Bank of England hikes interest rates again following inflation shock
By Hanna Ziady, CNN The Bank of England hiked interest rates by a quarter of a percentage point Thursday, extending its long-running fight to rein in…
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Swiss central bank says crisis halted as it hikes interest rates
By Mark Thompson, CNN Switzerland’s banking crisis has been halted, the country’s central bank said Thursday as it hiked interest rates…
Continue ReadingFrench airports, schools and oil refineries hit by national strike over pension age increase
By Dalal Mawad, Aurore Laborie, Oliver Briscoe and Joshua Berlinger, CNN French transport networks, oil refineries and schools were hit by widespread…
Continue ReadingEvergrande Group announces long-awaited debt restructuring deal after 2021 collapse
By Laura He, CNN China’s Evergrande Group, whose collapse in 2021 sparked China’s worst property market crisis on record, has unveiled a…
Continue ReadingGlobal markets mixed after US Fed raises rates by a quarter-point
By Juliana Liu and Anna Cooban, CNN European and Asian markets were mixed during Thursday trade as investors digested the decision by the US Federal…
Continue ReadingStartup’s 3D-printed rocket delivers stunning night launch but fails to reach orbit
By Jackie Wattles, CNN Startup Relativity Space sent what it’s calling the “world’s first 3D-printed rocket” toward space on…
Continue ReadingHow TikTok’s CEO prepared for his first grilling on Capitol Hill
By Oliver Darcy, CNN Shou Zi Chew is getting ready for his inaugural trip to Congress. The TikTok chief executive has, for the last week,…
Continue ReadingJamie Dimon and other big bank CEOs met with top Biden economist Lael Brainard
By Matt Egan, CNN Lael Brainard, President Joe Biden’s top economic adviser, met with JPMorgan Chase CEO Jamie Dimon and other leading Wall…
Continue ReadingHow the banking crisis clipped the hawkish Fed’s wings
By Allison Morrow, CNN In congressional testimony earlier this month, Fed Chairman Jerome Powell told lawmakers that the central bank would likely…
Continue ReadingLindsay Lohan, Jake Paul and other celebrities charged $400,000 for violating disclosure rules
By David Goldman, CNN The Securities and Exchange Commission on Wednesday charged Lindsay Lohan, Jake Paul and several other celebrities with failing…
Continue ReadingJob-listing company Indeed to lay off 2,200 employees
By Dayun Park Job listing website Indeed.com will cut approximately 2,200 employees, representing almost 15% of its total workforce, the company…
Continue ReadingWhat to do with your money now that the Fed just raised rates for the ninth time
By Jeanne Sahadi, CNN After two weeks of banking turmoil, the Federal Reserve on Wednesday continued its bid to beat down inflation by raising its…
Continue ReadingThe Fed lifts rates by a quarter point as banking turmoil complicates inflation fight
By Nicole Goodkind, CNN The Federal Reserve raised interest rates by a quarter point on Wednesday as it attempts to fight stubbornly high inflation…
Continue ReadingDirecTV and Newsmax end ugly dispute as the satellite carrier strikes deal to resume broadcasting the right-wing channel
By Oliver Darcy, CNN Business DirecTV said Wednesday that it has reached a multi-year distribution agreement with Newsmax, putting to end a bitter…
Continue ReadingWhy some lawmakers want to raise the FDIC insurance limit for your savings
By Ramishah Maruf, CNN Right now, $250,000 seems to be the number on everyone’s minds. That’s the Federal Deposit Insurance…
Continue ReadingLawmakers and union tell Norfolk Southern CEO that railroads’ voluntary safety plans aren’t enough
By Chris Isidore, CNN Norfolk Southern CEO Alan Shaw returned to Capitol Hill Wednesday facing pressure to support rail safety legislation proposed…
Continue ReadingGrindr partners with free HIV test program
By Jordan Valinsky, CNN Business Grindr, the popular LGBTQ+ dating app, is partnering with a program distributing free at-home HIV tests as part of a…
Continue ReadingWall Street is thirsty for its next big investment opportunity: The West’s vanishing water
By Lucy Kafanov, CNN Situated in the Sonoran Desert near the Arizona-California border is the tiny rural town of Cibola — home to roughly 300…
Continue ReadingJudge may force Rupert Murdoch to testify in Dominion defamation case
By Marshall Cohen, CNN The judge in the Dominion Voting Systems’ defamation case against Fox News signaled his interest Wednesday in the duty…
Continue ReadingAfter bank failures, Elizabeth Warren demands Fed crackdown on large regional banks
By Matt Egan, CNN Senator Elizabeth Warren is cranking up the pressure on the Federal Reserve following the collapse of Silicon Valley Bank. In a new…
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