How Elon Musk sold 10 million Tesla shares and increased his Tesla holdings
By Chris Isidore, CNN Business Tesla CEO Elon Musk sold a massive stake in his company over the past several weeks. And yet he owns 564,000 more…
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Small stocks are getting crushed. That’s a bad sign for the economy
By Paul R. La Monica, CNN Business Smaller American companies are getting crushed in the stock market’s recent wild swings. That could be an…
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Former Netflix engineer and accomplice sentenced to prison for insider trading
By Ramishah Maruf, CNN Business A former Netflix software engineer and his best friend were sentenced Friday for securities fraud, the US…
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Goldman Sachs cuts US GDP growth forecast for 2022 over Omicron fears
Reuters Goldman Sachs on Saturday cut its outlook for U.S. economic growth to 3.8% for 2022, citing risks and uncertainty around the emergence of the…
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How Elizabeth Holmes’ abuse allegations could impact her criminal trial
By Sara Ashley O’Brien, CNN Business For months, jurors at Elizabeth Holmes’ criminal trial have heard one witness after another speak…
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Bitcoin plunges overnight
By Ramishah Maruf, CNN Business and Reuters Bitcoin prices plummeted overnight to a low of about $43,000. As of 10:30 am EST Saturday, the…
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Man-made diamonds are the new engagement ring trend
By Parija Kavilanz, CNN Business For many couples who recently cemented their commitment to each other with an engagement, the choice of ring…
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How eBay’s new CEO turned it into a pandemic winner
By Paul R. La Monica, CNN Business When PayPal split off from eBay a few years ago, eBay was considered to be the less exciting company. But…
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How Costco, Sam’s Club and BJ’s won the pandemic
By Nathaniel Meyersohn, CNN Business Few companies have gained more of an advantage during the pandemic than America’s warehouse club giants.…
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Right-wing activists are openly ‘weaponizing’ Twitter’s new private media policy
By Brian Fung, CNN Business Twitter acknowledged on Friday that a new policy it unveiled this week to protect users from harassment is being abused…
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Banning US oil exports would be a ‘gift to OPEC and Putin,’ Big Oil CEO says
By Matt Egan, CNN Business President Joe Biden has already launched the biggest intervention into energy markets in a decade. Big Oil is nervous…
Continue ReadingTesla just announced a $1,900 kids ATV and it’s already sold out
By Peter Valdes-Dapena, CNN Business As Elon Musk wrapped up his presentation of the Tesla Cybertruck back in November 2019, he had one more thing he…
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Chipotle is selling a cilantro soap — and people can’t get enough
By Ramishah Maruf, CNN Business Some people think cilantro is delicious. To others it tastes like soap. And now Chipotle is bringing both sides…
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Mark Cuban buys a small town in Texas, just because
By Allison Morrow, CNN Business Mark Cuban, owner of the Dallas Mavericks, is having a Johnny Rose moment. The billionaire just bought the entire…
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Big carmakers show they too can gain from the electric car shake-up
By Peter Valdes-Dapena, CNN Business Startup automakers, like Lucid and Rivian, often make the point that, as Tesla has shown, electric car shoppers…
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3 jobs trends to look out for next year
Opinion by Gad Levanon for CNN Business Perspectives Three important trends are likely to dominate the US labor market in 2022: the ongoing economic…
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Stocks pull back on weak jobs gains
By Paul R. La Monica, CNN Business What an end to a tumultuous week on Wall Street. Friday kicked off with disappointing news as just 210,000 jobs…
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Here’s why the US government is changing rent relief distribution
By Anna Bahney, CNN Business There is still emergency rental assistance available for those struggling to cover their rent because of the pandemic.…
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Didi’s delisting could spell the end for Chinese stocks on Wall Street
By Julia Horowitz, CNN Business The era of big Chinese companies heading to the United States to raise money may have just come to an end.…
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America added a disappointing 210,000 jobs in November. But the details paint a different picture
By Anneken Tappe, CNN Business The November jobs report looked disappointing at first glance, but the details show that the recovery is very much…
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