Energy saved US markets last quarter. Now the sector is losing power
By Nicole Goodkind, CNN Business US markets took a beating on Thursday as big bank earnings delivered disappointing results. Markets and the economy…
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China’s economy records slowest growth since the start of 2020
By Laura He, CNN Business China’s economy has recorded its worst quarterly performance in over two years, after months of harsh Covid lockdowns…
Continue ReadingUber’s safety issues still loom large: Another five passengers sue company over alleged sexual assault incidents
By Sara Ashley O’Brien, CNN Business Five more passengers are suing Uber over alleged sexual assault incidents that occurred in recent months…
Continue ReadingFacebook users may soon be able to create multiple profiles under their accounts
By Clare Duffy, CNN Business Facebook is testing an option for users to create multiple profiles from a single account, amid a bid by the platform to…
Continue ReadingThe SEC has asked Elon Musk more questions about his Twitter deal
By Clare Duffy, CNN Business The Securities and Exchange Commission has continued to examine Elon Musk’s investment in and $44 billion deal to…
Continue ReadingBig pay raises expected for 2023. But here’s why that extra income may not make a difference
By Jeanne Sahadi, CNN Business US employers say they expect the average raise to be 4.1% in 2023, which would be the largest hike in 15 years,…
Continue ReadingAmazon offers concessions to resolve EU antitrust probes
By Brian Fung, CNN Amazon has offered to change its business practices in Europe to resolve two ongoing antitrust investigations targeting the…
Continue ReadingAmazon offers concessions to resolve EU antitrust probes
By Brian Fung, CNN Amazon has offered to change its business practices in Europe to resolve two ongoing antitrust investigations targeting the…
Continue ReadingApple profit declines nearly 11%
By Clare Duffy, CNN Business Even the world’s most valuable tech company isn’t immune to the more challenging global economic climate.…
Continue ReadingThese new emojis may soon be coming to your smartphone
By Catherine Thorbecke, CNN Business If you’ve ever wanted to high-five someone in your group texts, you may soon be in luck. A new…
Continue ReadingExclusive: Wordle is being turned into a board game
By Jordan Valinsky, CNN Business Wordle is jumping from the P-H-O-N-E to the B-O-A-R-D. Hasbro is partnering with the New York Times, which owns the…
Continue ReadingWhy BMW is offering heated seats on a monthly subscription
By Peter Valdes-Dapena, CNN Business BMW is now offering British drivers the option of enjoying a heated seat on a monthly subscription basis. Of…
Continue ReadingTesla’s head of AI, an ardent supporter of ‘full self driving,’ has exited the company
By Matt McFarland, CNN Business Andrej Karpathy, Tesla’s director of artificial intelligence, announced Wednesday he’s leaving the…
Continue ReadingAmazon’s Ring has provided doorbell footage to police without owners’ consent 11 times so far this year
By Brian Fung, CNN Amazon’s smart-doorbell company, Ring, has provided surveillance footage to law enforcement without a warrant or the consent…
Continue ReadingAmazon’s Ring has provided doorbell footage to police without owners’ consent 11 times so far this year
By Brian Fung, CNN Amazon’s smart-doorbell company, Ring, has provided surveillance footage to law enforcement without a warrant or the consent…
Continue ReadingMortgage rates rise to 5.5% as volatility continues
By Anna Bahney, CNN Business Mortgage rates are on the rise again after a dramatic drop last week. The 30-year fixed-rate mortgage averaged 5.51% in…
Continue ReadingHere are the highlights from Twitter’s lawsuit against Elon Musk
By Clare Duffy, CNN Business It’s not every day that a major corporate lawsuit features a poop emoji, but then again it’s not every day…
Continue ReadingA truly massive interest rate hike is now on the table
By Julia Horowitz, CNN Business Central banks have made clear that after a sluggish start, they’re serious about putting a lid on inflation.…
Continue ReadingJamie Dimon battens down the hatches for a recession
By Nicole Goodkind, CNN Business JPMorgan Chase kicked off the second quarter earnings season with bad news: The bank temporarily suspended share…
Continue ReadingTwitter briefly hit by outage impacting many users
By Jennifer Korn Twitter’s turbulent week continues. Twitter was briefly hit by a significant outage on Thursday morning, with tens of…
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