The Fed keeps interest rates on hold — and signals cuts aren’t coming soon
CNN By Bryan Mena, CNN Washington, DC (CNN) — The Federal Reserve held interest rates steady Wednesday for the fourth-straight meeting,…
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Accusations, tears and rants: 5 takeaways from today’s tech CEO hearing
By Brian Fung and Clare Duffy, CNN Washington (CNN) — A group of social media bigwigs was grilled by Congress on Wednesday about the risks…
Continue ReadingLawmakers say ‘you have blood on your hands’ to tech CEOs
CNN By Brian Fung and Clare Duffy, CNN Washington (CNN) — A group of social media bigwigs is currently being grilled by Congress on Wednesday…
Continue ReadingAccusations, tears and rants: 5 takeaways from today’s tech CEO hearing
CNN By Brian Fung and Clare Duffy, CNN Washington (CNN) — A group of social media bigwigs was grilled by Congress on Wednesday about the risks…
Continue ReadingThe Fed is fed up with data revisions
By Elisabeth Buchwald, CNN New York (CNN) — Federal Reserve officials have said countless times they take a “data-dependent approach” to…
Continue ReadingBrexit is finally coming for UK food imports, and prices could rise
By Hanna Ziady, CNN London (CNN) — New border controls on some of Britain’s food imports from the European Union came into force Wednesday…
Continue ReadingBoeing CEO on 737 blowout: ‘We caused the problem’
By Chris Isidore, Pete Muntean and Gregory Wallace, CNN New York (CNN) — Boeing CEO Dave Calhoun said that Boeing is responsible for the…
Continue ReadingUniversal threatens to pull Taylor Swift’s songs off TikTok in dispute over payments
By Anna Cooban, CNN London (CNN) — Universal Music Group has threatened to pull its music off TikTok in a dispute over royalties, a move that…
Continue ReadingH&M CEO quits abruptly after ‘very demanding’ times
By Olesya Dmitracova, CNN London (CNN) — Helena Helmersson stepped down Wednesday as chief executive of H&M, bringing an abrupt end to her…
Continue ReadingSamsung upbeat about AI-driven smartphones after losing sales crown to Apple
By Michelle Toh, CNN Hong Kong (CNN) — Samsung posted its fourth straight quarter of slumping profits on Wednesday, capping off a dismal year…
Continue ReadingBaltimore Orioles agree to be sold to a group led by David Rubenstein for $1.7 billion
By Matt Egan and David Goldman, CNN (CNN) — Baltimore Orioles owner Peter Angelos and family have agreed to sell the baseball team they have…
Continue ReadingElon Musk says his Neuralink startup has implanted a chip in its first human brain
By Diksha Madhok, CNN (CNN) — Elon Musk’s controversial startup Neuralink has implanted a chip in a human brain for the first time, the…
Continue ReadingWalmart’s stock is about to appear a whole lot cheaper
By Elisabeth Buchwald, CNN New York (CNN) — Walmart is rolling back the prices for investors, too. That’s because mega retailer is issuing a…
Continue ReadingJudge strikes down Elon Musk’s massive, multi-billion-dollar pay package
By Chris Isidore, CNN New York (CNN) — A Delaware state court judge has thrown out the 2018 pay package that helped to make Tesla CEO Elon Musk…
Continue ReadingHalf of US tenants can’t afford to pay their rent. Here’s what’s ahead
By Anna Bahney, CNN Washington, DC (CNN) — Half of renters in the United States have found themselves paying more than they can afford,…
Continue ReadingPayPal is reducing its workforce by 9%
By Ramishah Maruf, CNN New York (CNN) — PayPal is cutting about 9% of its workforce, the company said Tuesday. The layoffs join the long list…
Continue Reading$500 million Harvard megadonor halts donations, says elite schools produce ‘whiny snowflakes’
By Matt Egan, CNN New York (CNN) — Hedge fund billionaire Ken Griffin, who has donated more than $500 million to Harvard University over the…
Continue ReadingIBM tells managers to come to the office or leave their jobs
By Jennifer Korn, CNN (CNN) — IBM has given managers an ultimatum: Come into the office or leave. The technology firm is pushing for an end to…
Continue ReadingNY AG sues Citibank for failing to protect customers from hackers and scammers
By Matt Egan, CNN New York (CNN) — New York Attorney General Letitia James filed a lawsuit against Citibank on Tuesday, alleging the big bank…
Continue ReadingUS job openings grew in December
By Alicia Wallace, CNN New York (CNN) — The US job market remains strong and workers are still in demand, according to newly released labor…
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