Biden’s stock market record so far is the second worst since Jimmy Carter
By Matt Egan, CNN Business The stock market under President Biden started with a boom, but it heads into the midterm elections looking more like a…
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Carvana stock plummets as used car prices fall
By Jennifer Korn Shares of used car marketplace Carvana continued to plummet Monday, falling over 50% over the past two trading days, following a…
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Colorado Springs City Council to vote on proposed increases for water rates Tuesday
COLORADO SPRINGS, Colo. (KRDO) — Along with an earlier approval to raise natural gas rates but reduce electric rates this winter, Colorado Springs…
Continue ReadingUS consumers borrowed $25 billion more in September
By Alicia Wallace, CNN Business American consumers borrowed another $25 billion in September, according to newly released Federal Reserve data, as…
Continue ReadingWhat will the Fed do next? Follow the economy, not what Jerome Powell says
By Paul R. La Monica, CNN Business The stock market has been on a roller coaster ride, largely because of Wall Street’s shifting expectations…
Continue ReadingA recession in the US is not a slam dunk, Goldman Sachs says
By Matt Egan, CNN Business While investors, business leaders and some economic models continue to warn a recession is imminent, Wall Street’s…
Continue ReadingA former NBA champion is changing ‘how the world builds’ to fight the climate crisis
By Hanna Ziady, CNN Business Three years ago, a hurricane devastated the Bahamas, claiming dozens of lives. Today, the country is building what it…
Continue ReadingWhat the wave of tech layoffs tell us about the economy
By Nicole Goodkind, CNN Business Friday’s jobs report came in strong: the US economy added 261,000 new jobs in October, blowing away analyst…
Continue ReadingRyanair is booming as flyers ditch pricier airlines
By Hanna Ziady, CNN Business Ryanair carried a record number of passengers over the summer and says its budget friendly airfares will attract even…
Continue Reading‘SNL’ has Trump plead his case to restore banned Twitter account
By Frank Pallotta, CNN Business It’s been a crazy few weeks for Twitter, and “SNL” made the most of the chaos. Elon Musk completed…
Continue ReadingApple expects iPhone 14 shipments to be hit by China’s Covid curbs
By Diksha Madhok, CNN Business Apple has said that shipments of its latest lineup of iPhones will be “temporarily impacted” by Covid…
Continue ReadingWorkers vote against first unionizing effort at Home Depot
By Chris Isidore, CNN Business Workers at a Home Depot in Philadelphia overwhelmingly voted against becoming the first store in the chain to be…
Continue ReadingFormer MoviePass executives face fraud charges
By Jennifer Korn MoviePass’s former CEO and the leader of its former parent company have been indicted on securities fraud charges for…
Continue ReadingHow the midterms could affect Wall Street
By Paul R. La Monica, CNN Business Last week was a volatile one on Wall Street, with stocks falling after Federal Reserve chair Jerome Powell dashed…
Continue ReadingWith Twitter in chaos, Mastodon is on fire
By Rachel Metz, CNN Business In the week since Elon Musk took over Twitter, the number of people signing up for a small social network called…
Continue ReadingTwitter prepares to roll out new paid subscription service that includes blue checkmark
by Brian Fung, CNN Twitter on Saturday launched an updated version of its iOS app that promises to allow users to pay a monthly subscription to…
Continue ReadingNike suspends relationship with Kyrie Irving
By Jill Martin and Aya Elamroussi, CNN Nike is suspending its relationship with Brooklyn Nets point guard Kyrie Irving, the company said in an…
Continue ReadingWhy is the Powerball prize at a record? Thank Fed Chairman Jerome Powell
By Chris Isidore, CNN Business One of the reasons for the record $1.9 billion jackpot for the Powerball drawing Monday night is something you…
Continue ReadingWhy Costco and Trader Joe’s stopped selling your favorite food
By Nathaniel Meyersohn, CNN Business Chances are, you’ve been there: You head to Trader Joe’s to buy caramel popcorn, churro bites and…
Continue ReadingNBC News pulls report on Paul Pelosi attack
By Oliver Darcy, CNN Business NBC News on Friday pulled a report about the attack on Paul Pelosi that the network said did not meet its standards.…
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