Money Archives

Americans’ wages have gone up, but the news is not all good

March 10, 2021 7:32 AM CNN Newssource

The average paycheck for American workers has gotten bigger during the pandemic. Ordinarily that would be cause to jump for joy. But the reason for…

America’s unemployment problem is much worse than it seems

March 10, 2021 7:32 AM CNN Newssource

The national unemployment rate is masking how much some groups are still struggling in the pandemic economy. That’s why the Federal Reserve…

One year into the pandemic, America is still down nearly 10 million jobs

March 10, 2021 7:32 AM CNN Newssource

The American job market is nowhere near fixed. Nearly one year into the pandemic, the nation is still down nearly 10 million jobs. Another 745,000…

GameStop shares surge more than 100%

March 10, 2021 7:31 AM CNN Newssource

GameStop shares climbed rapidly and were halted twice for volatility ahead of the closing bell Wednesday. The gaming retailer’s stock was…

Michael Bolton wants you to break up with Robinhood. Yes, that Michael Bolton

March 10, 2021 7:31 AM CNN Newssource

Michael Bolton wants you to dump Robinhood. In the strangest twist yet in the already bizarre Robinhood saga, Bolton is singing about payment for…

The US economy was stronger than we thought last quarter. But it still wasn’t strong enough

March 10, 2021 7:31 AM CNN Newssource

The US economy fared ever so slightly better in the fourth quarter of 2020 than initially thought. The nation’s gross domestic product grew at…

Scaramucci finds ‘great irony’ in Republicans opposing Biden’s rescue plan

March 10, 2021 6:59 AM CNN

Anthony Scaramucci is dumbfounded by the universal opposition among Republicans in Congress to President Joe Biden’s $1.9 trillion America…

Speedy vaccines are boosting King Dollar

March 10, 2021 6:07 AM CNN Newssource

Heading into 2021, most of Wall Street was in agreement: the US dollar, which spiked a year ago as Covid-19 sent markets into a tailspin, was poised…

Meghan formally complained to ITV about Piers Morgan’s comments

March 10, 2021 5:53 AM CNN Newssource

Meghan, the Duchess of Sussex made a formal complaint to British broadcaster ITV relating to Piers Morgan’s comments about her, following the…

Media freedom fight threatens to escalate UK-China tensions

March 10, 2021 5:37 AM CNN Newssource

Beijing has summoned Britain’s ambassador to China over an article she wrote on press freedom, escalating a bitter row between the two…

Here’s what we know so far about the massive Microsoft Exchange hack

March 10, 2021 5:04 AM CNN Newssource

Many security experts remain alarmed about the large, Chinese-linked hack of Microsoft’s Exchange email service a week after the attack was…

Piers Morgan leaving ‘Good Morning Britain’ after storming off set over his attacks on Meghan

March 10, 2021 4:41 AM CNN Newssource

Piers Morgan, who prompted a backlash and an investigation from the United Kingdom’s media regulator over his comments about Meghan, Duchess of…

Clorox wipes are back, but you’ll have to leave home to find them

March 10, 2021 4:23 AM CNN Newssource

Clorox got a huge boost from worried consumers continually wiping down surfaces at home during the height of the pandemic. But now that more people…

Roger Mudd, longtime TV journalist, dies at 93

March 9, 2021 11:49 PM CNN Newssource

Television journalist Roger Mudd, who was once Walter Cronkite’s primary substitute at CBS, died Tuesday at his home in Fairfax County,…

Longtime TV journalist Roger Mudd dies at 93

March 9, 2021 10:24 PM CNN Newssource

Television journalist Roger Mudd, who was once Walter Cronkite’s primary substitute at CBS, died Tuesday at his home in Fairfax County,…

Kia warns some owners to park their vehicles outside due to fire risk

March 9, 2021 7:57 PM CNN Newssource

Kia is issuing a recall for nearly 380,000 Sportage SUVs and Cadenza sedans due to a problem that could cause them to catch fire. Until the problem…

Clearview AI sued in California by immigrant rights groups, activists

March 9, 2021 6:14 PM CNN Newssource

Clearview AI, the controversial firm behind facial-recognition software used by law enforcement, is being sued in California by two immigrants’…

Disney+ reaches a major milestone

March 9, 2021 3:55 PM CNN Newssource

Disney+, the focal point of Disney‘s media empire, has achieved a significant milestone. The streaming service has surpassed 100 million global…

Costco is running out of some cheese. The reason why is complicated

March 9, 2021 3:51 PM CNN Newssource

On your next trip to Costco, don’t be surprised if you can’t find your favorite cheese. Costco is having trouble stocking imported…

Swizz Beatz and Timbaland sell hit streaming platform Verzuz to Triller

March 9, 2021 3:23 PM CNN Newssource

Hip-hop producers Swizz Beatz and Timbaland have sold their popular Verzuz livestream platform to the Triller Network. The companies didn’t…