Money Archives

Stocks sank during Fed chair Jerome Powell's press conference January 26

What the stock market will never get about rate hikes

January 27, 2022 10:23 AM CNN Newssource

By Paul R. La Monica, CNN Business The Federal Reserve may have a playbook for how it plans to tackle inflation and keep the economy humming along.…

US stocks climbed higher on January 27 after some better-than-expected economic data distracted from the increasingly hawkish tones of the Federal Reserve

Stock rally peters out again

January 27, 2022 9:36 AM CNN Newssource

By Anneken Tappe, CNN Business Thursday’s stock market rally didn’t last long. The major indexes gave back sharp gains from earlier in…

These companies decided to go fully remote — permanently

January 27, 2022 9:35 AM CNN Newssource

Kathryn Vasel, CNN Business As the pandemic heads into yet another year, companies are still grappling with uncertainty in the workplace. Many have…

Bud Light’s first-ever zero-carb beer hits shelves next week

January 27, 2022 6:05 AM CNN Newssource

By Jordan Valinsky and John General, CNN Bud Light Next, the first zero-carb beer from Anheuser-Busch, is hitting shelves next week. The new beer…

McDonald’s sales haven’t been this good since Bill Clinton was president

January 27, 2022 6:26 AM CNN Newssource

By Danielle Wiener-Bronner, CNN Business Higher prices and chicken sandwiches are helping boost McDonald’s sales. But earnings disappointed…

A recent report found that there are nearly six and a half times more federal employees who are older than 50 than under 30

The government has a talent problem. This bill could help change that

January 27, 2022 6:53 AM CNN Newssource

Opinion by Gerry Connolly for CNN Business Perspectives Our workforce is the lifeblood of the US federal government. Without individuals committed to…

Microsoft makes a big bet that it can fix Activision Blizzard’s troubled culture

January 27, 2022 6:49 AM CNN Newssource

By Sara Ashley O’Brien, CNN Business Microsoft’s nearly $70 billion deal to buy Activision Blizzard could make it a leader in gaming. But…

Southwest returns to profitability

January 27, 2022 5:18 AM CNN Newssource

By Chris Isidore, CNN Business Southwest Airlines reported its first quarterly operating profit since the start of the pandemic. Still, when…

US gross domestic product expanded 5.7% last year

The economy boomed in Biden’s first year. His second will be harder

January 27, 2022 6:32 AM CNN Newssource

By Anneken Tappe, CNN Business The US economic recovery from the depths of the Covid pandemic continued through the end of last year. But the strong…

Forget Zoom school. For some students, class is in session in VR

January 27, 2022 6:21 AM CNN Newssource

By Rachel Metz, CNN Business Jeremy Bailenson has studied virtual reality for decades. But it wasn’t until last year that the Stanford…

The stock market has been jolted by indications the Federal Reserve will move to aggressively raise interest rates to rein in inflation.

The investors who aren’t panicking

January 27, 2022 6:07 AM CNN Newssource

By Julia Horowitz, CNN Business The stock market has been jolted by indications the Federal Reserve will move to aggressively raise interest rates to…

Apple is back on top in smartphone sales worldwide after a record win in China

January 27, 2022 1:35 AM CNN Newssource

By Michelle Toh, CNN Business Apple has once again become the top-selling smartphone brand in top market China, along with the rest of the world.…

Pizza Hut's Spicy Lover's PPizza Hut is rolling out the "Spicy Lover's Pizza" for a limited time.

Pizza Hut is selling its spiciest pizza ever

January 26, 2022 10:02 PM CNN Newssource

By Jordan Valinsky, CNN Business Pizza Hut is hopping on the spicy food trend. Beginning Thursday, it’s rolling out the “Spicy…

Global stock markets dropped on January 27

Global markets retreat after Fed signals rate hikes are coming soon

January 26, 2022 9:54 PM CNN Newssource

By Laura He, CNN Business Global stock markets dropped Thursday after the US Federal Reserve signaled it that will move quickly to hike interest…

Protesters hold a banner during a demonstration against the murder of the three journalists Jose Luis Arenas

Anxiety and anger grip press corps in Mexico after spate of murders

January 26, 2022 9:19 PM CNN Newssource

By Oliver Darcy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…

Amazon faces possible union election at New York warehouse

January 26, 2022 5:38 PM CNN Newssource

By Sara Ashley O’Brien, CNN Business Workers at an Amazon warehouse in Staten Island have shown enough support to hold a union election, the…

The Bill and Melinda Gates Foundation named four new members to its board of trustees

Gates Foundation adds board members following Bill and Melinda’s divorce

January 26, 2022 3:23 PM CNN Newssource

By Jennifer Korn, CNN Business The Bill and Melinda Gates Foundation named four new members to its board of trustees on Wednesday, marking the first…

Rents are continuing to rise across the US. The cost of rent

Rents rose five times faster in 2021 than 2020

January 26, 2022 3:01 PM CNN Newssource

By Anna Bahney, CNN Business Rents are continuing to rise across the US. The cost of rent, on average, was 10.1% higher in 2021 than in 2020, growing…

Tesla reported earnings that more than tripled year-ago results

Tesla reports record profit, but warns of continued supply chain issues

January 26, 2022 2:26 PM CNN Newssource

By Chris Isidore, CNN Business Tesla shook off supply chain issues to more than triple earnings from year-ago results, easily topping Wall…

San Francisco tore down the Embarcadero Freeway

Double-decker highways are back. But they’re not going to solve traffic jams

January 26, 2022 1:17 PM CNN Newssource

By Matt McFarland, CNN Business Frederica Wilson, the US Congresswoman representing much of Miami, says she must leave home by 6:30 a.m. to beat…

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