Money Archives

Apple posted record revenue during the all-important holiday quarter even as it continued to grapple with supply chain shortages.

Apple posted record holiday quarter sales despite supply constraints

January 26, 2022 6:04 AM CNN

By Samantha Murphy Kelly, CNN Business Apple posted record revenue during the all-important holiday quarter even as it continued to grapple with…

Shares of GameStop have plunged nearly 35% in January.

A year after GameStop mania, meme stocks have tumbled

January 26, 2022 4:52 AM CNN Newssource

By Paul R. La Monica, CNN Business It’s been a little more than a year since the meme mania in GameStop began. It’s shaped up to be, to…

It sure looks like GM is about to pull the plug on the Bolt

January 26, 2022 5:38 AM CNN Newssource

By Chris Isidore, CNN Business Time could be running out for the Chevrolet Bolt, the electric vehicle that only five years ago was positioned as…

Economists predict US gross domestic product

Why economists believe 2021 ended on a high note despite Omicron

January 26, 2022 4:31 AM CNN Newssource

By Anneken Tappe, CNN Business The Omicron variant put America’s recovery through the ringer. But the post-Thanksgiving timing may mean the…

‘Fight Club’ has a new ending in China. And this time, the authorities win

January 26, 2022 12:40 AM CNN Newssource

By Nectar Gan and CNN’s Beijing Bureau, CNN Business More than two decades after its release, “Fight Club” has been given a very…

China's top cybersecurity regulator is vowing to crack down on "illegal" online content as part of a campaign to clean up the internet ahead of the Beijing Winter Olympics and one of the country's most important annual holidays

China pledges ‘purification’ of the internet ahead of the Beijing Winter Olympics and the Lunar New Year

January 26, 2022 12:23 AM CNN Newssource

By Laura He, CNN Business China’s top cybersecurity regulator is vowing to crack down on “illegal” online content as part of a…

Proposed decrease in gas, electric utility rates approved Tuesday by Colorado Springs City Council

January 19, 2022 10:35 AM Scott Harrison

COLORADO SPRINGS, Colo. (KRDO) — As expected Tuesday, the City Council unanimously passed a reduction in electric and natural gas rates for…

Apple has been granted a restraining order against a woman who allegedly threatened

Tim Cook allegedly stalked by woman who trespassed and sent photos of a loaded gun

January 25, 2022 4:17 PM CNN Newssource

By Samantha Murphy Kelly, CNN Business Apple has been granted a restraining order against a woman who allegedly threatened, harassed and stalked CEO…

Some manufacturers that rely on semiconductors are down to less than five days' worth of inventory

Some manufacturers have less than 5 days’ supply of computer chips, Commerce Department warns

January 25, 2022 3:02 PM CNN Newssource

By Clare Duffy, CNN Business Some manufacturers that rely on semiconductors are down to less than five days’ worth of inventory, according to a…

Johnson & Johnson expects its Covid vaccine sales to surge — but still lag its rivals

January 25, 2022 2:04 PM CNN Newssource

By Chris Isidore, CNN Business Johnson & Johnson, the world’s largest health care products company, reported that sales of its Covid…

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…

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