Dow plunges more than 1,000 points in Wall Street’s worst day of the year
By Nicole Goodkind, CNN Business So much for the good feelings on Wall Street. US markets fell sharply Thursday, marking their worst day of the year…
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Search histories, location data, text messages: How personal data could be used to enforce anti-abortion laws
By Jennifer Korn and Clare Duffy, CNN Business Update: This story was originally published on May 6. It has been updated to reflect the Supreme…
Continue ReadingSearch histories, location data, text messages: How personal data could be used to enforce anti-abortion laws
By Jennifer Korn and Clare Duffy, CNN Business A wave of new legislation taking aim at abortion rights across the country is raising concerns about…
Continue ReadingUS worker productivity fell at the fastest rate in nearly 75 years
By Alicia Wallace, CNN Business US labor productivity tumbled by 7.5% in the first quarter of 2022 — the largest decline in worker output per…
Continue ReadingMortgage rates hit highest level since 2009
By Anna Bahney, CNN Business Mortgage rates rose this week, continuing an upward trend that has pushed rates more than two percentage points higher…
Continue ReadingHarassment is a problem in VR, and it’s likely to get worse
By Rachel Metz, CNN Business If you believe Mark Zuckerberg, the future is virtual. Last year, Meta plowed $10 billion into Facebook Reality Labs,…
Continue ReadingHere’s what it’s like to have a robot paint your nails for $10
By Rachel Metz, CNN Business On a recent April afternoon I tossed a few things into a basket at Target — cereal, graham crackers, kids’…
Continue ReadingElon Musk probably got a huge tax break when he sold off Tesla shares
By Chris Isidore, CNN Business To buy Twitter, Elon Musk just sold a ton of stock and made a boatload of money on the sale. But because of a US tax…
Continue ReadingFirst on CNN: Biden administration launches plan to refill emergency oil reserve
By Matt Egan, CNN Business The Biden administration plans to seek bids this fall to buy 60 million barrels of crude oil as the first step in a…
Continue ReadingHow to take advantage of rising interest rates
By Jeanne Sahadi, CNN Business In a bid to curb high inflation, the US Federal Reserve on Wednesday increased its key short-term interest rate by…
Continue ReadingWhy relief over the Federal Reserve could be short-lived
By Julia Horowitz, CNN Business When the Federal Reserve decides it’s necessary to pursue the biggest interest rate hike since 2000, you…
Continue ReadingAmerica’s job growth is starting to slow
By Anneken Tappe, CNN Business The days of millions of job gains per month are behind us and the US labor market recovery has moved into a new phase,…
Continue ReadingA 13-year-old girl told the police she had been gang-raped. Then a police officer allegedly raped her
By Esha Mitra and Rhea Mogul, CNN A 13-year-old girl who was allegedly gang-raped by four men in India, was allegedly raped again by a police officer…
Continue ReadingChina’s economy is going backwards
By Laura He, CNN Business China’s gigantic services sector just contracted at the second sharpest pace on record as Covid lockdowns hit…
Continue ReadingSpaceX’s jam-packed schedule continues with another astronaut return
By Jackie Wattles, CNN Business Three NASA astronauts and a European astronaut are returning home from the International Space Station, capping off…
Continue ReadingNew York City pension funds sue Activision Blizzard, seeking records on CEO Bobby Kotick
By Brian Fung, CNN New York City pension fund officials sued Activision Blizzard late last month in a bid to force the company to disclose records…
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Colorado Springs mayor tours major redevelopment of Panorama Park ahead of summer reopening
COLORADO SPRINGS, Colo. (KRDO) — With the yearlong, $8.5-million redevelopment of Panorama Park on the city’s southeast side nearly complete, Mayor…
Continue ReadingWhat the Fed rate hike means for you
By Matt Egan, CNN Business The Federal Reserve is stepping up its war on inflation. That means borrowing costs are going sharply higher for families…
Continue ReadingElon Musk says fees for some users may be coming to Twitter
Catherine Thorbecke, CNN Business Elon Musk said Twitter might soon charge fees for certain users, as the billionaire continues to tease how he might…
Continue ReadingAirbnb to crack down on parties during summer holidays
By Sara Ashley O’Brien, CNN Business Airbnb is once again trying to stop people from using its platform to host unauthorized parties ahead of…
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