Money Archives

PayPal warns that consumers will spend less as stimulus runs out.

PayPal warns that consumer spending is about to fall sharply

February 2, 2022 11:41 AM CNN Newssource

By Paul R. La Monica, CNN Business Omicron, inflation and a lack of government stimulus have some Venmo users nervous about spending money from their…

Starbucks says it will raise prices this year.

Starbucks is planning even more price hikes this year

February 2, 2022 10:13 AM CNN Newssource

By Danielle Wiener-Bronner, CNN Business Starbucks has been hiking prices as inflation soars and labor costs rise. And it’s planning more this…

Wendy's newest breakfast item goes on sale next week.

Exclusive: Wendy’s unveils its first new breakfast item in two years

February 2, 2022 10:14 AM CNN Newssource

By Jordan Valinsky, CNN Business Wendy’s is expanding its breakfast menu for the first time since launching it nearly two years ago. Beginning…

CNN President Jeff Zucker resigns over consensual relationship with key lieutenant

February 2, 2022 9:42 AM CNN Newssource

By Brian Stelter and Oliver Darcy, CNN Business CNN Worldwide president Jeff Zucker, the influential news executive who reshaped the iconic network,…

The titans of Wall Street are getting much bigger paychecks

February 2, 2022 8:50 AM CNN Newssource

By Paul R. La Monica, CNN Business Big Wall Street firms enjoyed a stellar 2021 thanks to a booming stock market and a frenzy of mergers and initial…

Processing facilities at the Khurais oil field in Saudi Arabia

OPEC and Russia keep promising to pump more oil. They’re not delivering

February 2, 2022 7:11 AM CNN Newssource

By Charles Riley, CNN Business Here’s one big reason oil prices are near a seven-year high: OPEC and Russia are producing less than they…

America lost jobs in January. A store is seen with hiring signs on February 01 in Washington DC.

America lost 301,000 private-sector jobs in January, ADP says

February 2, 2022 6:41 AM CNN Newssource

By Anneken Tappe, CNN Business Omicron threw a wrench into America’s economy at the start of 2022: The US private sector lost hundreds of…

It’s peak ski season in Utah but droves of employees are sick. This is the result

February 2, 2022 6:35 AM CNN Newssource

Opinion by Rhonda Sideris and Heleena Sideris for CNN Business Perspectives Like many other businesses, we’ve been through our fair share of…

3G networks are shutting down soon. A scramble to get users to upgrade is underway

February 2, 2022 6:27 AM CNN Newssource

By Samantha Murphy Kelly, CNN Business Aaron Hommell bought his 3G iPhone 5 in 2014 and kept it for more than seven years, holding onto it even after…

Google just made its stock much more affordable

February 2, 2022 5:56 AM CNN Newssource

By Julia Horowitz, CNN Business Not everyone has thousands of dollars on hand to purchase a single share of Google. Soon, investors won’t have…

Thousands of flights are canceled as a massive winter storm tears across the United Staes. Photo taken on January 29 shows empty check-in desks at John F. Kennedy International Airport in New York City.

Thousands of flights are canceled as a massive winter storm tears across the US

February 2, 2022 5:42 AM CNN Newssource

By Jordan Valinsky, CNN Business US airlines have canceled thousands of flights for Wednesday and Thursday as a powerful winter storm packing ice,…

Europe’s plan to call natural gas ‘sustainable’ triggers backlash from climate campaigners

February 2, 2022 4:58 AM CNN Newssource

By Ivana Kottasová and Angela Dewan, CNN The European Commission is coming under criticism after unveiling a long-delayed proposal to designate…

The restaurant business will probably never recover from Covid

February 2, 2022 4:03 AM CNN Newssource

By Vanessa Yurkevich, CNN Business The restaurant industry will likely never return to its pre-pandemic state, according to the National Restaurant…

People walk past a poster of "The Battle at Lake Changjin II" at a cinema on February 1

China’s biggest Lunar New Year release is another Korean War propaganda movie

February 2, 2022 12:03 AM CNN Newssource

By Laura He, CNN Business The Chinese box office has raked in $314 million so far during the Lunar New Year holiday, largely thanks to a patriotic…

Inside ABC News, some staffers accepted Whoopi Goldberg’s apology while others sought action

February 1, 2022 10:34 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…

Whoopi Goldberg makes an apology on "The View."

ABC News suspends ‘The View’ host Whoopi Goldberg

February 1, 2022 7:45 PM CNN Newssource

By Oliver Darcy, CNN Business ABC News suspended “The View” host Whoopi Goldberg for two weeks on Tuesday night, hours after she…

The company's Pixel smartphones hit a quarterly sales record during the all-important holiday period

Google stock jumps 8% after blowout quarter fueled by strong ad sales

February 1, 2022 4:42 PM CNN Newssource

By Clare Duffy, CNN Business Despite being one of the biggest online advertising giants, Google’s ad business is still growing at a rapid clip.…

General Motors reported record earnings for 2021

GM posts record earnings despite chip shortage

February 1, 2022 2:38 PM CNN Newssource

By Chris Isidore, CNN Business General Motors reported record earnings for 2021, despite struggling with a shortage of computer chips and other parts…

America's national debt is now above $30 trillion

America’s national debt surpasses $30 trillion for the first time

February 1, 2022 2:23 PM CNN Newssource

By Matt Egan, CNN Business America’s national debt just hit another sobering milestone. Total public debt outstanding is now above $30…

Facebook’s dream of creating its own global cryptocurrency officially comes to an end

February 1, 2022 2:01 PM CNN Newssource

By Clare Duffy, CNN Business In June 2019, after years of being under scrutiny for the impact its platforms have on society, Facebook unveiled one of…

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