Goldman Sachs warns of more trouble for US stocks
By Matt Egan, CNN Business Even Goldman Sachs is succumbing to the gloomy mood on Wall Street by abandoning its previously optimistic stance and…
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McDonald’s must face $10 billion racial discrimination suit from media group
By Jordan Valinsky, CNN Business McDonald’s will have to defend itself against a $10 billion lawsuit from media mogul Byron Allen over an…
Continue ReadingMarkets hate Liz Truss’ plan for the UK. Just look at these charts
By Julia Horowitz, CNN Business When the UK government, led by new Prime Minister Liz Truss, unveiled its plan to rescue the British economy on…
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Suspects use construction equipment to target car wash, one of two similar incidents this month
COLORADO SPRINGS, Colo. (KRDO) — The owner of a car wash on the Fillmore Street hill said that the people involved in taking property from his…
Continue ReadingMarc Benioff would buy Twitter if he could
By Paul R. La Monica, CNN Business Marc Benioff is obsessed with Twitter. So much that he wishes he could own it. Benioff, Salesforce chairman and…
Continue ReadingOil plunges below $80 to eight-month low as recession fears mount
By Matt Egan Recession fears are slamming the oil market, with crude tumbling on Friday below $80 a barrel for the first time since January. The good…
Continue ReadingWhere to watch Yankees slugger Aaron Judge chase the AL home run record
By Frank Pallotta, CNN Business Slugger Aaron Judge is chasing baseball history. So where can you watch it? The New York Yankees outfielder is on the…
Continue ReadingDow plunges to its lowest level since 2020 to end another dismal week
By David Goldman, CNN Business US stocks fell sharply in Friday trading as investors continued to worry about even more rate hikes from the Federal…
Continue ReadingThe Fed’s fight against inflation could cost the US 1.2 million jobs
By Alicia Wallace, CNN Business In its efforts to bring down historic inflation and cool the economy, the Federal Reserve has used multiple…
Continue ReadingThe curious case of falling gold prices
By Julia Horowitz, CNN Business It should be the perfect time to own gold. The yellow metal has historically rallied when inflation is high, since…
Continue ReadingNFL has a new halftime show sponsor
By Jordan Valinsky, CNN Business Apple Music is replacing Pepsi as the new sponsor for the NFL’s Super Bowl halftime show. The multi-year…
Continue ReadingHow political candidates are targeting you on social media based on your music tastes, shopping habits and favorite TV shows
By Casey Tolan, CNN Marco Rubio hopes to sway voters interested in Chick-fil-A, Ram trucks, and Duck Dynasty. John Fetterman is searching for fans of…
Continue ReadingUK tax-cutting gamble sends the pound plunging to new 37-year low
By Anna Cooban, CNN Business A huge gamble by the UK government aimed at rescuing the economy from recession and boosting long-term growth sent the…
Continue ReadingUS bank CEOs say they could exit China if it ever attacks Taiwan
By Michelle Toh, CNN Business Leaders of America’s biggest banks say they would follow any US directive on pulling business from China if…
Continue ReadingFedEx hikes package rates for 2023
By Nathaniel Meyersohn and Chris Isidore, CNN Business FedEx will raise ground and express shipping rates by an average of 6.9% next year, the…
Continue ReadingGM stops taking reservations for Hummer EV
By Chris Isidore, CNN Business There’s a lot of buyer interest in the electric Hummer now being offered by Chevrolet. But there’s limited…
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Homeowner records video of thieves taking catalytic converter from car in Colorado Springs
COLORADO SPRINGS, Colo. (KRDO) — Home surveillance video shows the boldness exhibited by at least four people while in the act of stealing a…
Continue ReadingWhy it’s getting even harder to keep a roof over your head
By Anna Bahney, CNN Business Americans looking to buy or rent a home have had a rough year. Rents are up by double-digit percentages in some cities.…
Continue ReadingBoeing agrees to pay $200 million for misleading the public about the 737 Max
By David Goldman, CNN Business Boeing and its former CEO Dennis Muilenburg agreed to pay hefty fines to settle charges from the Securities and…
Continue ReadingHertz is buying up to 175,000 electric vehicles from GM
By Peter Valdes-Dapena, CNN Business Hertz has agreed to purchase up to 175,000 electric vehicles from General Motors over the next five years. This…
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