Money Archives

Bank of America is handing out $1 billion worth of restricted stock to virtually its entire workforce as the bank seeks to gain an upper hand in the war for talent.

First on CNN: Bank of America is giving workers $1 billion of stock

January 25, 2022 12:20 PM CNN Newssource

By Matt Egan, CNN Business Bank of America is handing out $1 billion worth of restricted stock to virtually its entire workforce as the bank seeks to…

The most-watched of the four games was on January 23 game Bills-Chiefs nailbiter on CBS

43 million viewers make Bills-Chiefs most-watched TV event since last year’s Super Bowl

January 25, 2022 10:31 AM CNN Newssource

By Brian Stelter, CNN Business None of the headwinds facing legacy broadcast television are strong enough to stop the NFL right now. This past…

The "AirCar" was awarded an official Certificate of Airworthiness by the Slovak Transport Authority after completing 70 hours of "rigorous flight testing

Flying car cleared for takeoff, but you’ll need a pilot’s license

January 25, 2022 9:44 AM CNN Newssource

By Robert North, Radina Gigova and Sana Noor Haq, CNN A car that can transform into a small aircraft has passed flights tests with flying colors in…

American Express said that revenue in the fourth quarter soared 30% from a year ago

AmEx stock soars nearly 10% as customers go on spending spree

January 25, 2022 8:04 AM CNN Newssource

By Paul R. La Monica, CNN Business American Express customers clearly didn’t leave home without their credit cards when they went shopping this…

Stocks finish lower, dashing hopes for a turnaround Tuesday

January 25, 2022 7:32 AM CNN Newssource

By Anneken Tappe, CNN Business Investors better fasten their seat belts because there’s no sign of volatility letting up on Wall Street. Stocks…

Home prices rose 18.8% year-over-year in November

Home prices are starting to lose steam

January 25, 2022 7:26 AM CNN Newssource

By Anna Bahney Overheated home prices continue to show signs of cooling off a bit. Home prices rose 18.8% year-over-year in November, according to…

Starbucks is giving customers new ways to perk up by giving them a line of energy drinks called Starbucks Baya Energy and a bunch of fresh flavors in the grocery aisle.

Starbucks is launching an energy drink

January 25, 2022 7:11 AM CNN Newssource

By Danielle Wiener-Bronner, CNN Business Starbucks is giving customers new ways to perk up: a line of energy drinks called Starbucks Baya Energy and…

The International Monetary Fund says the pandemic will continue to stoke uncertainty and inflation in its third year

IMF slashes US and China growth forecasts

January 25, 2022 7:01 AM CNN Newssource

By Julia Horowitz, CNN Business The pandemic will continue to stoke uncertainty and inflation in its third year, undermining the global recovery from…

A Manhattan restaurant is looking into its enforcement of vaccine requirements for indoor dining

Sarah Palin allegedly flouted Covid-19 rules by dining indoors unvaccinated ahead of trial

January 25, 2022 6:31 AM CNN Newssource

By Sonia Moghe, CNN A Manhattan restaurant is looking into its enforcement of vaccine requirements for indoor dining, after Sarah Palin allegedly…

US stock markets went on a rollercoaster ride on January 24

Get ready for more wild swings. Volatile markets are back

January 25, 2022 6:20 AM CNN Newssource

By Julia Horowitz, CNN Business After a long period of calm, market volatility has returned in dramatic fashion. What’s happening: US stock…

Elon Musk is about to get a lot richer

January 25, 2022 5:45 AM CNN Newssource

By Chris Isidore, CNN Business It’s been a rough start to 2022 for the world’s richest person. He’s not too worried, though. Elon…

In a partnership between Molson Coors and Coke

Exclusive: Simply Lemonade is becoming a boozy beverage

January 25, 2022 5:35 AM CNN Newssource

By Jordan Valinsky, CNN Business Coca-Cola is turning another one of its drinks into an alcoholic alternative. It’s the company’s third…

Unilever cuts 1,500 management jobs in global overhaul

January 25, 2022 5:30 AM CNN Newssource

By Anna Cooban, CNN Business Unilever is cutting 1,500 management jobs around the world as the consumer goods giant comes under intense pressure from…

These 4 states have fully regained the jobs lost during the pandemic

January 25, 2022 4:25 AM CNN Newssource

By Anneken Tappe, CNN Business America’s job market hasn’t fully recovered yet. But some states are already back to normal. In November,…

Bob Dylan sells his entire catalog of recorded music to Sony Music

January 25, 2022 3:06 AM CNN Newssource

By Diksha Madhok, CNN Business Bob Dylan has sold his entire catalog of recorded music to Sony Music. The recording company described the deal for 60…

Pipe systems are seen at the gas receiving station of the Nord Stream 2 in Lubmin

How Putin’s $11 billion pipeline split NATO and the EU at a time of crisis

January 24, 2022 10:38 PM CNN Newssource

By Ivana Kottasová, CNN An undersea pipeline set to deliver gas from Russia to Germany has become exactly what the two countries have always…

Global stocks mixed as investors worry about Russia-Ukraine tensions and upcoming Fed plans

January 24, 2022 9:49 PM CNN Newssource

By Michelle Toh, CNN Business Global stocks were mixed Tuesday, after a dramatically volatile day on Wall Street fueled by concerns over the US…

After departing NBC when Brian Williams' contract expired in 2021

Brian Williams turns down CBS News’ attempt to recruit him for the ‘Evening News’

January 24, 2022 9:21 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…

Evergrande asks international creditors for more time and warns that legal action could be ‘destructive’

January 24, 2022 9:19 PM CNN Newssource

By Laura He, CNN Business Evergrande is still trying to appease growing anger among its offshore creditors, who have threatened to take legal action…

The federal tax filing season has begun. And it's going to be tough sledding for the IRS -- and for some tax filers -- given the millions of returns from last year that still have to be processed

The 2021 tax filing season has begun. Here’s what you need to know

January 24, 2022 2:03 PM CNN Newssource

By Jeanne Sahadi, CNN Business The federal tax filing season has begun. And it’s going to be tough sledding for the IRS — and for some…

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