UAW wins key vote to represent Ohio electric car battery factory
By Chris Isidore, CNN Workers at the Ultium Cells plant, co-owned by General Motors and Korean giant LG, voted overwhelmingly this week to join the…
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Consumers are feeling slightly better about the direction of the economy
By Chris Isidore Consumers are becoming more confident about the state of the economy, despite recession fears, soaring interest rates and continued…
Continue ReadingKey inflation measure shows price pressures cooled off in November, but remain high
By Chris Isidore, CNN Another key inflation measure shows price pressures cooled off but remained stubbornly high in November, despite the Federal…
Continue ReadingBig Oil stocks are pointing to higher gas prices to come
By Nicole Goodkind, CNN Brutally high oil and gas prices were the talk of the town in 2022 and one of the largest contributing factors to sky-high…
Continue ReadingFTX founder Sam Bankman-Fried says he’ll testify before Congress
By Jordan Valinsky and Allison Morrow, CNN Sam Bankman-Fried, the founder of the failed crypto exchange FTX, has agreed to testify before the House…
Continue ReadingThe UK just had a major market scare. Now it wants to relax financial rules
By Julia Horowitz, CNN Just two months after UK markets suffered their worst meltdown since the global financial crisis, the British government is…
Continue ReadingThe busiest port in America is no longer on the West Coast
By Vanessa Yurkevich, CNN For the past 22 years, the Port of Los Angeles has been the busiest container port in North America, moving around 10…
Continue ReadingShoppers are dipping into savings and going into debt. That could cause a holiday hangover
By Matt Egan, CNN Despite high inflation and recession fears, the holiday shopping season appears to be off to a strong start. Black Friday and Cyber…
Continue ReadingIndian Prime Minister Modi’s party wins sweeping victory in Gujarat state elections
By Swati Gupta, CNN India’s ruling Bharatiya Janata Party (BJP) scored a landslide election win in Prime Minister Narendra Modi’s home…
Continue ReadingFormer employees suing Twitter speak out on Elon Musk’s ‘clumsy and inhumane’ layoffs
By Clare Duffy, CNN A group of former Twitter employees who are suing the company spoke out Thursday, alleging that new owner Elon Musk’s mass…
Continue ReadingApple abandons controversial plan to check iOS devices and iCloud photos for child abuse imagery
By Samantha Murphy Kelly, CNN Business Apple is abandoning its plans to launch a controversial tool that would check iPhones, iPads and iCloud photos…
Continue ReadingBankruptcy worries swirl around used car retailer Carvana
By Chris Isidore, CNN Business Used car retailer Carvana, facing a cash crunch, could be headed towards bankruptcy, according to both published…
Continue ReadingFTC sues to block Microsoft’s $69 billion acquisition of Activision Blizzard
By Brian Fung, CNN The Federal Trade Commission on Thursday sued to block Microsoft’s $69 billion acquisition of Activision Blizzard,…
Continue ReadingYellen sees her signature printed on US bills for the first time
By Betsy Klein, CNN US Treasury Secretary Janet Yellen traveled to Texas Thursday to mark an important and historic milestone, touring the Fort Worth…
Continue ReadingPentagon awards multibillion-dollar cloud contract to Amazon, Google, Microsoft and Oracle
By Brian Fung, CNN The Defense Department has named Amazon, Google, Microsoft and Oracle as the winners of a multibillion-dollar cloud computing…
Continue ReadingThe average rent in Manhattan jumped to $5,249 in November — and may not fall any time soon
By Anna Bahney, CNN Business The average rent in Manhattan was $5,249 in November, up 19% from last year and the third-highest amount on record,…
Continue ReadingMortgage rates fall for the fourth week in a row
By Anna Bahney, CNN Mortgage rates dipped again this week, dropping for the fourth week in a row. The 30-year fixed-rate mortgage averaged 6.33% in…
Continue ReadingUS lawmakers want answers from FTX’s Sam Bankman-Fried
By Allison Morrow, CNN Lawmakers are demanding that Sam Bankman-Fried, the founder of the failed crypto exchange FTX, appear before the Senate…
Continue ReadingStocks close higher, breaking five day losing streak
By Nicole Goodkind, CNN Business US stocks surged higher on Thursday as investors staged a comeback from their current losing streak, spurred on by…
Continue ReadingNews outlets are embracing TikTok in an effort to reach younger audiences, survey shows
By Oliver Darcy, CNN News publishers are getting in on the TikTok trend. That’s according to a brand new survey published Wednesday evening by…
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