Money Archives

A federal judge delivered a major blow to Jeff Bezos' (left) space company Blue Origin on November 4 by ruling in favor of NASA in a dispute over who will build the lander intended to take humans back to the moon.

Judge rules against Blue Origin in standoff with SpaceX, NASA

November 4, 2021 12:01 PM CNN Newssource

By Jackie Wattles, CNN Business A federal judge delivered a major blow to Jeff Bezos’ space company, Blue Origin, on Thursday by ruling in…

Google is commemorating Diwali with a special Easter egg. Hindu devotees are seen lighting oil lamps while offering prayers during Diwali on November 4.

Google celebrates Diwali with Easter egg

November 4, 2021 10:36 AM CNN Newssource

By Sana Noor Haq, CNN Business As people around the world begin to celebrate Diwali, Google is commemorating the event with a special Easter egg.…

Twitter suspended Newsmax White House correspondent Emerald Robinson for posting blatant misinformation about the Covid-19 vaccine

Newsmax reporter’s tweets blocked for claiming Covid vaccine contains satanic marker

November 4, 2021 9:39 AM CNN Newssource

By Jordan Valinsky, CNN Business Twitter suspended Newsmax White House correspondent Emerald Robinson for posting blatant misinformation about the…

ESPN Classic is shutting down on January 1

ESPN Classic is shutting down next year

November 4, 2021 9:24 AM CNN Newssource

By Jordan Valinsky, CNN Business Sports fans who can’t get enough of watching legendary games of the past are in for a disappointment: ESPN…

Zillow shares fell more than 20% on November 3 after the news that it's pulling the plug on its house-flipping business and laying off a quarter of its staff.

Zillow bet the farm on its house-flipping business. Now it’s downsizing

November 4, 2021 8:29 AM CNN Newssource

By Allison Morrow, CNN Business Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your…

Even though the risk of a severe job shortage continuing into 2022 is not the most likely scenario

If the labor shortage continues, the US economy won’t be able to recover

November 4, 2021 6:59 AM CNN Newssource

Opinion by Gad Levanon for CNN Business Perspectives After enhanced unemployment benefits expired and schools re-opened in person, many expected…

Tastykake cupcakes sold by US retailers including Target and Walmart are being recalled over concerns they might contain tiny fragments of metal mesh wire.

Tastykake cupcakes pulled from Target and Walmart over metal contamination fears

November 4, 2021 6:49 AM CNN Newssource

By Sana Noor Haq, CNN Business Tastykake cupcakes sold by US retailers including Target and Walmart are being recalled over concerns they might…

Kraft's macaroni and cheese products are getting up to 20% more expensive for retailers.

Your favorite comfort foods are getting more expensive

November 4, 2021 6:45 AM CNN Newssource

By Nathaniel Meyersohn and Danielle Wiener-Bronner, CNN Get ready to pay even more for the fun stuff in your grocery cart. Top snack makers Kraft…

Moderna fell short of profit and sales expectations for the third quarter

Moderna warns its Covid vaccine shipments are falling short. Stock plunges

November 4, 2021 6:35 AM CNN Newssource

By Chris Isidore, CNN Business Moderna fell short of profit and sales expectations for the third quarter, and the Covid vaccine maker warned that its…

US Federal Reserve Chairman Jerome Powell

The era of free money is ending

November 4, 2021 6:22 AM CNN Newssource

By Julia Horowitz, CNN Business For about 20 months, central banks have funneled an unprecedented amount of cash into the financial system, aiming to…

OPEC and its allies are discussing whether to pump more oil to tame soaring energy prices that are fueling global inflation and hurting vulnerable households.

Gasoline prices are soaring. OPEC and Russia aren’t coming to the rescue

November 4, 2021 6:09 AM CNN Newssource

By Charles Riley, CNN Business OPEC and its allies have disregarded calls from US President Joe Biden to do more to tame soaring energy prices that…

MGM Resorts is putting the Mirage resort and casino in Las Vegas up for sale

MGM is selling Mirage casino: ‘We have enough of Las Vegas’

November 4, 2021 5:44 AM CNN Newssource

By Jordan Valinsky, CNN Business MGM Resorts is putting the Mirage resort and casino in Las Vegas up for sale, ending a 21-year ownership of one of…

Nintendo says the global chip shortage is hurting Switch sales.

Nintendo says the chip shortage is hurting Switch sales

November 4, 2021 5:42 AM CNN Newssource

By Michelle Toh, CNN Business Nintendo has become the latest victim of a global chip shortage that is battering supply chains. The Japanese company…

Nintendo says the chip shortage is hurting Switch sales

November 4, 2021 5:42 AM CNN

By Michelle Toh, CNN Business Nintendo has become the latest victim of a global chip shortage that is battering supply chains. The Japanese company…

Economists have high hopes that the streak of bad news will end with the October jobs report and that could be some welcome news for President Joe Biden.

Good news for Joe Biden: America is getting back to work

November 4, 2021 4:36 AM CNN Newssource

By Anneken Tappe, CNN Business America’s job market recovery hit a roadblock in the late summer and early fall. In recent months, the tally of…

Calhan residents vote to join Pikes Peak Rural Transportation Authority

November 3, 2021 11:42 AM Scott Harrison

EL PASO COUNTY, Colo. (KRDO) — The town of Calhan in the county’s northeastern corner is set to become the sixth member of the Pikes Peak Rural…

The Department of Transportation has suspended the Sea Year program for students at the US Merchant Marine Academy after a current senior published an online account saying she had been raped on a Maersk ship.

Government suspends training at sea program after college student says she and others were raped

November 3, 2021 4:53 PM CNN Newssource

By Blake Ellis and Melanie Hicken, CNN The federal government’s academy for merchant mariners is halting a key training program that sends…

Ford is first major US automaker to mandate vaccines

November 3, 2021 4:29 PM CNN Newssource

By Vanessa Yurkevich, CNN Ford will mandate vaccines for most of its 32,000 US salaried employees, a spokesperson for the company said Wednesday.…

Tesla is holding a party Thursday night to mark the opening of its new manufacturing plant in Austin

Tesla owners say they are wowed — and alarmed — by ‘full self-driving’

November 3, 2021 1:47 PM CNN Newssource

By Matt McFarland, CNN Business Drivers with Tesla’s “full self-driving” software often don’t know what their cars will do…

It's official: The Federal Reserve is winding down its aggressive pandemic-era stimulus measures

Why the Fed is winding down the party on Wall Street (and what it means for you)

November 3, 2021 1:24 PM CNN Newssource

By Allison Morrow, CNN Business It’s official: The Federal Reserve is winding down its aggressive pandemic-era stimulus measures, a process…

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