Money Archives

Prices are soaring. How high can they go?

January 15, 2022 6:56 AM CNN Newssource

By Anneken Tappe, CNN Business Americans have watched prices spike during the pandemic. By the end of 2021, one inflation measure was near a…

State leaders announce Economic Mobility Partnership to help Coloradans financially

January 14, 2022 8:08 PM KRDO News

DENVER, Colo. (KRDO) — Governor Jared Polis and other state leaders announced Friday a new Economic Mobility Partnership that is meant to help…

FedEx asks FAA permission to add anti-missile system to some cargo planes

January 14, 2022 3:22 PM CNN Newssource

By Pete Muntean, CNN FedEx wants to operate cargo planes outfitted with lasers that throw off incoming heat-seeking missiles, according to a newly…

DirecTV to sever ties with OAN and drop the right-wing conspiracy channel later this year

January 14, 2022 6:10 PM CNN Newssource

By Oliver Darcy and Brian Stelter, CNN Business One America News, the right-wing conspiracy channel favored by former President Donald Trump, will be…

A federal judge ruled former pharmaceutical executive Martin Shkreli should be barred "for life" from participating in the pharmaceutical industry and ordered him to pay nearly $65 million in fines to seven states.

Judge bans ‘Pharma Bro’ Martin Shkreli from pharmaceutical industry ‘for life’

January 14, 2022 4:20 PM CNN Newssource

By Sonia Moghe, CNN A federal judge ruled Friday former pharmaceutical executive Martin Shkreli should be barred “for life” from…

British energy company apologizes after sending thousands of customers socks during heating crisis

January 14, 2022 4:04 PM CNN Newssource

By Ramishah Maruf, CNN Business A large British energy firm apologized to its customers Friday after sending them socks advising them to turn the…

North Korean hackers stole nearly $400 million worth of cryptocurrency in 2021

North Korean hackers said to have stolen nearly $400 million in cryptocurrency last year

January 14, 2022 3:52 PM CNN Newssource

By Jennifer Korn, CNN Business North Korean hackers stole nearly $400 million worth of cryptocurrency in 2021, making it one of the most lucrative…

Shredded boxes and packages are seen at a section of the Union Pacific train tracks in downtown Los Angeles on

Thieves in LA are looting freight trains filled with packages from UPS, FedEx and Amazon

January 14, 2022 3:43 PM CNN Newssource

By Matt McFarland and Cheri Mossburg, CNN Photos and videos showing piles of empty boxes littered alongside rail tracks in Los Angeles County,…

Netflix is raising prices

January 14, 2022 1:43 PM CNN Newssource

By Frank Pallotta, CNN Business Your Netflix bill is about to go up again. The streaming media company said Friday it is raising the prices on its…

Investors clearly didn't want to go into the upcoming three-day weekend holding onto stocks. The Dow fell nearly 270 points

Dow falls as big banks get pummeled

January 14, 2022 12:45 PM CNN Newssource

By Paul R. La Monica, CNN Business Investors clearly didn’t want to go into the upcoming three-day weekend holding onto financial stocks. The…

Walgreens and CVS temporarily close some stores as Covid surges

January 14, 2022 12:44 PM CNN Newssource

by Alison Kosik, CNN Two of the biggest retail pharmacies in the U.S. are temporarily closing some stores and pharmacies on the weekends as the…

Legendary journalist Carl Bernstein, who uncovered the Watergate scandal, has some advice for today’s reporters

January 14, 2022 11:40 AM CNN Newssource

By Yvette Killian, CNN Legendary journalist Carl Bernstein has a message for reporters: “It’s not rocket science.” Bernstein is…

5 tax changes that can boost your refund this year

January 14, 2022 10:45 AM CNN Newssource

By Jeanne Sahadi, CNN Business Many US tax filers get refunds when they file their federal income taxes. But this year, thanks to several temporarily…

Dollar Tree's recent decision to end $1 prices after 35 years and raise most items at stores to $1.25 has elicited an angry response from many loyal customers on Twitter

‘Sick to my stomach’: Dollar Tree fanatics protest new $1.25 prices

January 14, 2022 10:34 AM CNN Newssource

By Nathaniel Meyersohn, CNN Business “I am not happy!” “Does NOT sit right with me.” “Calamity.” “Sick to…

Omicron is the latest disaster for working parents. Cambridge students are seen here waiting in line at King Open Elementary School with their parents to be tested for the COVID-19 virus.

Daycares are shutting down and parents are ‘tired of being tired’

January 14, 2022 9:49 AM CNN Newssource

By Danielle Wiener-Bronner, CNN Business Jasmine Moorman is having a difficult week. The single mother of five is trying to sort out a logistical…

BlackRock now manages more than $10 trillion in assets

January 14, 2022 7:49 AM CNN Newssource

By Paul R. La Monica, CNN Business The stock market boom has created an insatiable appetite for exchange-traded funds, which make it easy for traders…

American retail sales were surprisingly dreadful in December.

Warning sign for the economy: Consumers are getting grumpy

January 14, 2022 6:42 AM CNN Newssource

By Anneken Tappe and Nathaniel Meyersohn, CNN Business Consumers are getting grumpy about inflation, Omicron and a host of other challenges.…

Tech stocks have been plunging as Wall Street obsesses over the Federal Reserve's next moves and how aggressively it will hike borrowing costs over the next 12 months to rein in inflation.

Earnings season is here to distract investors from everything else

January 14, 2022 6:05 AM CNN Newssource

By Julia Horowitz, CNN Business Tech stocks have been plunging as Wall Street obsesses over the Federal Reserve’s next moves and how…

Wall Street is minting money as Main Street struggles with inflation and burnout

January 14, 2022 5:43 AM CNN Newssource

By Paul R. La Monica, CNN Business The Main Street and Wall Street gap is widening again. Big banks had a stellar end to 2021 with rates on the rise.…

The United States could lose all flights to China ahead of the Beijing Winter Olympics

January 14, 2022 2:55 AM CNN Newssource

By Steven Jiang, CNN Business People trying to fly from the United States to China may soon be confronted with an unthinkable scenario: Starting next…

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