JPMorgan is cutting about 1,000 First Republic Bank employees
By Matt Egan, CNN (CNN) — JPMorgan Chase informed about 1,000 First Republic Bank employees on Thursday that they will no longer have jobs.…
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Ford partners with Tesla to give customers access to EV Superchargers
By Samantha Delouya, CNN (CNN) — Ford electric vehicle owners will soon gain access to Tesla’s vast EV charging network, according to the…
Continue ReadingBillionaire entrepreneur’s space tourism company pulls off high-stakes crewed test flight
By Jackie Wattles, CNN (CNN Business) — Virgin Galactic — the space tourism company founded by British billionaire Richard Branson — has…
Continue ReadingMicrosoft leaps into the AI regulation debate, calling for a new US agency and executive order
By Brian Fung, CNN (CNN) — Microsoft joined a sprawling global debate on the regulation of artificial intelligence Thursday, echoing calls for…
Continue ReadingMortgage rates rise as debt ceiling standoff drags on
By Anna Bahney, CNN Washington, DC (CNN) — Mortgage rates are beginning to feel the impact of the debt-ceiling standoff, jumping higher for the…
Continue ReadingHow to protect your investments and finances as debt default worries grow
By Ramishah Maruf, CNN New York (CNN) — On Wednesday night, Fitch Ratings laid out a stark warning to the US government: Raise the debt ceiling…
Continue ReadingShaq gets served — again — in FTX lawsuit
By Allison Morrow, CNN New York (CNN Business) — After months of cat and mouse, lawyers for a group of FTX investors have served Shaquille…
Continue ReadingNasdaq threatens to delist the Trump SPAC from the stock market
By Jordan Valinsky, CNN Business New York (CNN) — Digital World Acquisition Corp., the blank-check firm seeking to merge with former President…
Continue ReadingUS pending home sales held steady in April
By Anna Bahney, CNN Washington, DC (CNN) — US pending home sales held steady in April, remaining unchanged after dropping in March, according…
Continue ReadingThe US economy grew faster in the first quarter than previously reported
By Bryan Mena, CNN Washington, DC (CNN) — US economic growth in the first three months of the year was faster than previously estimated, the…
Continue ReadingAI chip boom sends Nvidia’s stock surging after whopper of a quarter
By David Goldman, CNN New York (CNN) — The AI boom is here, and Nvidia is reaping all the benefits. Shares of Nvidia (NVDA) exploded 28% higher…
Continue ReadingOne of Asia’s top female entrepreneurs is stepping down at Grab, the ride-hailing company she helped found
By Kathleen Magramo, CNN Hong Kong (CNN) — One of Southeast Asia’s most well-known female entrepreneurs is to step down from her operational…
Continue ReadingGermany falls into recession as consumers in Europe’s biggest economy spend less
By Olesya Dmitracova, CNN London (CNN) — Germany has slipped into recession as last year’s energy price shock takes its toll on consumer…
Continue ReadingCredit rating agency warns it may downgrade US debt rating, driving up costs
By Samantha Delouya, CNN (CNN) — A deadlocked Washington that has taken America to the brink of default could jeopardize the United States’…
Continue ReadingGlitches, echoes and ‘melting the servers’ crash DeSantis’ campaign launch on Twitter
By Samantha Delouya, Clare Duffy and Donie O’Sullivan, CNN New York (CNN) — Twitter’s livestream event with Florida Gov. Ron DeSantis…
Continue ReadingAmericans’ outlook on retirement darkens to an 11-year low
By Matt Egan, CNN (CNN) — In the latest sign of economic pessimism, Americans are growing increasingly concerned they won’t be able to retire…
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El Paso County commissioners receive update on Xcel Energy’s proposed Colorado Power Pathway project
EL PASO COUNTY, Colo. (KRDO) — The eastern side of the county, along with Pueblo County and much of the state’s eastern plains, are within the…
Continue ReadingWhy Moody’s is ‘confident’ America won’t suffer its first-ever default
By Matt Egan, CNN New York (CNN) — Even though time is running out to get a debt ceiling deal through Congress, one of the key players that…
Continue ReadingSenate Democrats write to Google over concerns about abortion-seekers’ location data
By Brian Fung, CNN Washington (CNN) — Nearly a dozen Senate Democrats wrote to Google this week with questions about how it deletes users’…
Continue ReadingFed officials debated need for rate hike at last meeting, minutes show
By Bryan Mena, CNN Washington, DC (CNN) — Federal Reserve officials were divided at their last meeting as to whether or not another rate hike…
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