Money Archives

New York real estate scion Robert Durst has died in a California prison hospital. He was 78.

Robert Durst, convicted murderer and subject of HBO’s ‘The Jinx,’ has died

January 10, 2022 12:39 PM CNN Newssource

By Paul Vercammen and Faith Karimi, CNN Robert Durst, the eccentric millionaire who fascinated viewers as the subject of HBO’s documentary…

The IRS said Monday it would start accepting 2021 federal tax returns on Monday

Here’s when you can start filing your 2021 federal tax returns

January 10, 2022 10:37 AM CNN Newssource

By Jeanne Sahadi, CNN Business The IRS said Monday it would start accepting 2021 federal tax returns on Monday, January 24. The tax filing deadline…

Customers shop at a Giant Food supermarket in 2021 in Washington

Who’s to blame for inflation? It’s complicated

January 10, 2022 10:01 AM CNN Newssource

By Allison Morrow, CNN Business President Joe Biden and other politicians will tell you inflation is Corporate America’s fault. Corporate…

Dow falls nearly 165 points, but tech stocks make a huge comeback

January 10, 2022 9:47 AM CNN Newssource

By Paul R. La Monica, CNN Business For some time, many investing experts have been predicting there will be a shift away from big tech towards value…

Fox installs right-wing flame-thrower Jesse Watters to 7 p.m. slot, cementing network’s new programming strategy

January 10, 2022 9:42 AM CNN Newssource

By Oliver Darcy, CNN Business Jesse Watters, the right-wing talk show host who throughout his career has courted controversy with incendiary…

A child wearing an Oculus Quest 2 VR head set.

In VR, there are no rules, so parents are making up their own

January 10, 2022 9:34 AM CNN Newssource

By Rachel Metz, CNN Business Last summer, Allen Roach saw something that really disturbed him: His then-11-year-old son, Peyton, used a sword to…

Federal Reserve Chairman Jerome Powell will face questions from lawmakers on interest rate hikes and inflation

Goldman Sachs has a new prediction that could affect your wallet

January 10, 2022 8:45 AM CNN Newssource

By Matt Egan, CNN Business The Federal Reserve is likely to raise interest rates four times this year in response to high inflation and low…

Think 2021 was bad? Not for Rolls-Royce, Bentley and Lamborghini

January 10, 2022 8:09 AM CNN Newssource

By Peter Valdes-Dapena, CNN Business Americans may be feeling uneasy about the economy, but if sales of ultra-luxury cars are any indication, the…

Take-Two said Monday it is buying Zynga in a cash-and-stock deal valued at $12.7 billion

Grand Theft Auto, meet FarmVille

January 10, 2022 7:52 AM CNN Newssource

By Paul R. La Monica, CNN Business Zynga, the mobile game developer known for hits like FarmVille, Words With Friends and a popular Texas…

We can still reduce our own carbon emissions

The next front in fighting climate change: your home

January 10, 2022 7:13 AM CNN Newssource

Opinion by Glenn Kelman for CNN Business Perspectives The Build Back Better bill, if it ever comes to pass, now seems unlikely to include any major…

Arby's Diablo Dare sandwiches goes on sale Monday.

Arby’s new sandwich is so spicy it comes with a free shake

January 10, 2022 7:05 AM CNN Newssource

By Jordan Valinsky, CNN Business Basically every fast food chain has a spicy sandwich on sale, but Arby’s version is so hot that it includes a…

Goldfish Mega Bites are marketed to adults.

Goldfish is chasing a new demographic: Grown-ups

January 10, 2022 7:00 AM CNN Newssource

By Danielle Wiener-Bronner, CNN Business Goldfish is growing up. Pepperidge Farm, which makes the crackers, is rolling out a new line of snacks…

Homes are under construction at the Lennar Bridgeway home development on December 15

Why shares of homebuilders just plunged

January 10, 2022 6:33 AM CNN Newssource

By Julia Horowitz, CNN Business Looming interest rate hikes are slamming US tech stocks, which dropped sharply last week as investors reassessed how…

Savannah Guthrie (center left) announced Monday that she has Covid-19 — just a few days after her co-anchor Hoda Kotb announced she was positive for the virus.

Savannah Guthrie, host of NBC’s ‘Today,’ tests positive for Covid-19

January 10, 2022 5:30 AM CNN Newssource

By Jordan Valinsky, CNN Business Savannah Guthrie, host of NBC’s morning show ‘Today,’ announced Monday that she has Covid-19 —…

A section of the BP Eastern Trough Area Project (ETAP) oil platform is seen in the North Sea

Brits face a massive increase in energy bills. BP and Shell could be on the hook to pay

January 10, 2022 5:21 AM CNN Newssource

By Charles Riley, CNN Business The UK government is coming under mounting pressure to increase taxes on oil and gas companies, including BP and…

A customer holds a basket while shopping at a grocery store in San Francisco in 2021.

Why inflation can actually be good for everyday Americans and bad for rich people

January 10, 2022 4:40 AM CNN Newssource

By Allison Morrow, CNN Business No one likes paying more for stuff. That’s why inflation, especially the sharp price increases we’ve seen…

Remembering Bob Saget: A ‘sweet guy’ who became ‘accidentally enormously famous’

January 9, 2022 9:26 PM CNN Newssource

By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…

An exterior view of the Mandarin Oriental

Asia’s richest man is buying the Mandarin Oriental in New York for $98 million

January 10, 2022 12:25 AM CNN Newssource

By Michelle Toh, CNN Business Asia’s biggest billionaire, Mukesh Ambani, has snapped up a controlling stake in the Mandarin Oriental in New…

China's largest private education provider laid off 60

Top Chinese education company laid off 60,000 people after Beijing’s crackdown last year

January 10, 2022 12:06 AM CNN Newssource

By Laura He, CNN Business China’s largest private education provider laid off 60,000 employees last year as it grappled with fallout from…

Autoshop owner sued after dumping 500 pounds of pennies on ex-employee’s driveway

January 9, 2022 1:52 PM CNN Newssource

By Ramishah Maruf, CNN Business There are difficult bosses. Then there are bosses who dump over 500 pounds of greasy pennies onto an…

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