An electric scooter company just pulled off Russia’s only IPO of the year
By Julia Horowitz, CNN An electric scooter service just became the only company to pull off an initial public offering in Russia this year. Whoosh,…
Continue ReadingMoney
Twitter suspends account that tracked Musk’s private jet, despite billionaire’s ‘free speech’ pledge
By Donie O’Sullivan, CNN Twitter on Wednesday permanently suspended an account that tracked the location of Elon Musk’s private jet,…
Continue ReadingWhat to do about the highest interest rate in 15 years
By Jeanne Sahadi, CNN In its last policymaking meeting of the year, the Federal Reserve on Wednesday raised its benchmark interest rate for the…
Continue ReadingUS government charges 8 social media influencers over alleged pump-and-dump scheme
By Brian Fung, CNN The Securities and Exchange Commission has charged seven Twitter users and a podcaster in an alleged $100 million stock…
Continue ReadingAttention procrastinators: Drop-dead holiday shipping deadlines are coming soon
By Parija Kavilanz, CNN It happens every year — the mad dash to ship holiday gifts to get them to loved ones on time. And it bears repeating,…
Continue ReadingBernard Arnault just became the world’s richest person. So who is he?
By Hanna Ziady, CNN Bernard Arnault, the chairman of French luxury goods giant LVMH, has just become the first European to top Bloomberg’s list…
Continue ReadingInvestors are hoping for the economic tide to turn. The wait may soon be over
By Nicole Goodkind, CNN It’s been a harrowing year for markets and investors are tired. Months of sky-rocketing inflation and interest rates,…
Continue ReadingWhy a growing number of states are cracking down on TikTok
By Brian Fung, CNN Two years after TikTok avoided a national ban in the United States, the popular short-form video app is now facing growing…
Continue ReadingElizabeth Warren unveils bipartisan bill to crack down on crypto money laundering
By Matt Egan, CNN As federal prosecutors seek to imprison former crypto darling Sam Bankman-Fried, Sen. Elizabeth Warren is attempting to push…
Continue ReadingWhy people in China are panic buying canned yellow peaches as Covid surges
By Laura He and Jennie Chen, CNN An unprecedented wave of Covid cases in China has sparked panic buying of fever medicines, pain killers, and even…
Continue ReadingThe Fed lifts rates by half a point, acknowledging that inflation is easing
By Nicole Goodkind, CNN The Federal Reserve approved a half-point interest rate hike on Wednesday, a smaller increase than in recent months and an…
Continue ReadingBlizzard tells China’s ‘World of Warcraft’ fans to back up data as it seeks new partner
By Michelle Toh, CNN “World of Warcraft” fans in China will have to back up their playing history as the distributor of the hit game…
Continue ReadingBinance withdrawals jump to $3 billion in 24 hours, research firm says
By Michelle Toh, CNN Investors withdrew as much as $3 billion from Binance on Tuesday, according to blockchain analytics firm Nansen, as a deluge of…
Continue Reading‘Harry & Meghan’ is Netflix’s most watched documentary debut in its first week
by Gayle Harrington, CNN Netflix’s documentary about Prince Harry and Meghan, Duchess of Sussex, debuted with a total of 81.55 million hours…
Continue ReadingDanish bank pleads guilty to multi-billion dollar fraud scheme on U.S. Banks
By Hannah Rabinowitz, CNN Federal prosecutors announced a plea deal and $2 billion forfeiture Tuesday with Danske Bank, one of Denmark’s…
Continue ReadingTikTok may push potentially harmful content to teens within minutes, study finds
By Samantha Murphy Kelly, CNN Business TikTok may surface potentially harmful content related to suicide and eating disorders to teenagers within…
Continue ReadingOJ prices are rising: Florida orange production expected to fall to lowest level in over 80 years
By Danielle Wiener-Bronner, CNN The combination of extreme weather and a disease impacting citrus fruit is expected to drive down Florida’s…
Continue ReadingAirbnb finds people have more trouble booking stays if hosts think they are Black
By Jennifer Korn, CNN Airbnb on Tuesday said it has found a “meaningful difference” in the booking success rate for users who are…
Continue ReadingInflation cooled more than expected in November
By Alicia Wallace, CNN Tuesday brought some encouraging news on the stubbornly high prices that have weighed down Americans: Inflation as measured by…
Continue ReadingSears Hometown files for Chapter 11 bankruptcy protection
By Jordan Valinsky, CNN Business The “other Sears” is in financial turmoil, just like its more famous parent company. Sears Hometown…
Continue Reading