Oil prices jump after Saudi Arabia vows to cut production again
By Mark Thompson and Michelle Toh, CNN London/Hong Kong (CNN) — Oil prices rose Monday after Saudi Arabia said it would slash output by another…
Continue ReadingMoney
Directors Guild of America reaches tentative deal as writers strike goes on
By Ramishah Maruf, CNN New York (CNN) — The Directors Guild of America reached a “historic” tentative deal for wages, work hours, residuals…
Continue ReadingBank of America CEO says the Fed’s biggest challenge is power of US consumer
By Ramishah Maruf, CNN New York (CNN) — Bank of America CEO Brian Moynihan said although he is relieved lawmakers reached a resolution for the…
Continue ReadingChuck Todd is stepping down from ‘Meet the Press’
By Ramishah Maruf, CNN New York (CNN) — Chuck Todd, the longtime host of NBC’s “Meet the Press,” is stepping down from his role, he…
Continue ReadingWhy one popular shoe brand is lowering prices in the face of inflation
By Parija Kavilanz, CNN New York (CNN) — As inflation continues to strain family budgets, forcing people to prioritize purchasing daily…
Continue ReadingThis could be Apple’s biggest product launch since the Apple Watch
By Samantha Murphy Kelly, CNN (CNN) — Apple may be just one day away from unveiling its most ambitious new hardware product in years. At its…
Continue ReadingNetflix and Athletic Brewing release ‘The Witcher’-themed non-alcoholic beer
By Ashley R. Williams, CNN (CNN) — A brew inspired by Netflix’s “The Witcher” has kicked off a partnership between the streaming app and…
Continue ReadingThree companies agree to pay more than $1 billion to settle ‘forever chemical’ claims
By Ramishah Maruf, CNN New York (CNN) — The companies Chemours, DuPont and Corteva announced on Friday they have agreed to pay more than $1…
Continue ReadingFrom teachers to waiters: The industries that haven’t bounced back from the pandemic
By Elisabeth Buchwald, CNN New York (CNN) — Economists have been closely watching monthly US job reports for signs of cracks in the labor…
Continue ReadingAlarm bells were ringing about a potential US recession, but then this week’s jobs report landed
By Chris Isidore, CNN New York (CNN) — US recession worries aren’t dead. But they may have passed into a coma at 8:30 am ET on Friday.…
Continue ReadingTeachers are on the front lines of a battle to change how teens use social media
By Samantha Murphy Kelly, CNN (CNN) — A high school English class may not sound like the typical forum for educating kids on the risks of…
Continue ReadingAmazon fires Alabama warehouse worker who led union push
By Catherine Thorbecke, CNN (CNN) — An Amazon worker who helped lead a milestone organizing effort to form what would have been the company’s…
Continue ReadingThe job market held up in May. But the Fed may have already decided to pause
By Bryan Mena, CNN Washington, DC (CNN) — The US labor market picked up momentum in May, once again defying expectations of a slowdown. But…
Continue ReadingDow surges over 700 points as investors cheer jobs report and debt ceiling deal
By Krystal Hur, CNN New York (CNN) — The Dow surged over 700 points mid-afternoon Friday as investors applauded Congress’s passage of the…
Continue ReadingYouTube will now allow 2020 election denialism content, in policy reversal
By Clare Duffy, CNN New York (CNN) — YouTube on Friday said it will no longer remove content featuring false claims that the 2020 US…
Continue ReadingBeyond FDIC insurance: How protected is your money outside of banks?
By Jeanne Sahadi, CNN New York (CNN) — Just as stock market turmoil is a good reminder to make sure your investment portfolio is diversified, a…
Continue ReadingFitch warns it could still downgrade America’s credit rating despite debt ceiling resolution
By Matt Egan, CNN New York (CNN) — Fitch Ratings is keeping the United States on watch for a potential credit rating downgrade even after…
Continue ReadingAirbnb sues New York City over its short-term rental restrictions
By Catherine Thorbecke, CNN (CNN) — Airbnb on Thursday sued New York City over its restrictions on short-term housing rentals, in a legal…
Continue ReadingHere’s the real reason Target’s stock is dropping
By Nathaniel Meyersohn, CNN New York (CNN) — Target’s stock has lost about a fifth of its value over the past two and half weeks. It’s not…
Continue ReadingCommercial and multifamily mortgage delinquencies rose in the first part of 2023
By Anna Bahney, CNN Washington, DC (CNN) — Commercial and multifamily mortgage delinquencies increased in the first quarter of 2023, according…
Continue Reading