Is anyone buying couches and beds from Wayfair anymore?
By Nathaniel Meyersohn, CNN Business Early in the pandemic, people realized they were going to be spending a lot more time at home. So they decided…
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Ex-Fed insider: A full-blown recession is ‘almost certainly’ coming
By Matt Egan, CNN Business The Federal Reserve’s war on inflation will eventually kill the economic recovery from Covid-19, former Fed official…
Continue ReadingMortgage rates drop below 5% for first time since April
By Anna Bahney, CNN Business Mortgage rates dropped for the second week in a row, falling below 5% for the first time since mid-April. The 30-year…
Continue ReadingAlibaba shares pop as revenue beats expectations
By Michelle Toh, CNN Business Alibaba just posted flat revenue growth for the first time since becoming a public company, but investors don’t…
Continue ReadingThe party is over at Robinhood. But meme mania lingers
By Julia Horowitz, CNN Business Robinhood got off to a rocky start when it made its Wall Street debut one year ago, but hopes for the buzzy trading…
Continue ReadingThe Bank of England just made its biggest rate hike in 27 years
By Anna Cooban, CNN Business Central bankers in the United Kingdom have announced the biggest increase in interest rates in 27 years, as spiraling…
Continue ReadingChina’s military drills around Taiwan threaten to upend global trade
By Laura He, CNN Business China’s live-fire military drills around Taiwan are threatening to disrupt trade and commercial travel in East Asia,…
Continue ReadingNew head of Alex Jones’ company faces questions from lawyers for Sandy Hook families
By Sonia Moghe, CNN The accountant now in charge of overseeing right-wing conspiracy theorist Alex Jones’ company Free Speech Systems through…
Continue ReadingWalmart is laying off corporate employees
by Matt Egan, CNN Walmart is laying off about 200 corporate employees, a person familiar with the matter told CNN, in a move that comes days after…
Continue ReadingDebris from a SpaceX capsule found in Australia
By Jackie Wattles, CNN Business Chunks of space debris were reportedly found on farmland in the Australia mountains, and this week NASA and…
Continue ReadingSandy Hook family attorney exposes Alex Jones’ dishonesty during brutal cross-examination
By Oliver Darcy, CNN Business The dishonesty of right-wing conspiracy theorist Alex Jones was spotlighted in a Texas court on Wednesday as a lawyer…
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CDOT starts $40 million, 18-month project on Highway 115 south of Colorado Springs
COLORADO SPRINGS, Colo. (KRDO) — Official broke ground Wednesday on a major safety improvement project on Highway 115, a road that partly parallels…
Continue ReadingThis company is turning heaps of plastic trash into construction building blocks
By Parija Kavilanz, CNN Business Imagine taking heaps and heaps of earth-polluting, unusable plastic waste and actually transforming it into…
Continue ReadingTinder’s first female CEO out after less than a year
By Sara Ashley O’Brien, CNN Business Tinder’s newest CEO is out after less than a year on the job, marking the second high-profile female…
Continue ReadingPelosi’s flight to Taiwan was the most-tracked of all time, Flightradar24 says
By Jackie Wattles, CNN Business US House Speaker Nancy Pelosi’s flight to Taiwan, which bolstered American support for the island nation but…
Continue ReadingPelosi’s flight to Taiwan was the most-tracked of all time, Flightradar24 says
By Jackie Wattles, CNN Business US House Speaker Nancy Pelosi’s flight to Taiwan, which bolstered American support for the island nation but…
Continue ReadingAnother crypto bridge attack: Nomad loses $190 million in ‘chaotic’ hack
By Jennifer Korn Heists continue to plague the crypto world, with news of large sums stolen from digital currency firms seemingly every month. But…
Continue ReadingAnother crypto bridge attack: Nomad loses $190 million in ‘chaotic’ hack
By Jennifer Korn Heists continue to plague the crypto world, with news of large sums stolen from digital currency firms seemingly every month. But…
Continue ReadingTJ Maxx and Marshalls sold dangerous baby products after they were recalled
By Parija Kavilanz, CNN Business TJX, which operates popular discount chains TJ Maxx, Marshalls and Home Goods, agreed to pay a fine of $13 million…
Continue ReadingWarren Buffett has another reason to hate Robinhood
By Nicole Goodkind, CNN Business It’s no secret that Warren Buffett isn’t a fan of Robinhood. The Oracle of Omaha has been sparring with…
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