Money Archives

Charlie Munger must really, really like China’s Alibaba

January 4, 2022 3:17 PM CNN Newssource

By Paul R. La Monica, CNN Business Charlie Munger, the longtime pal of Berkshire Hathaway’s Warren Buffett, is apparently a very big fan of…

Beyond Fried Chicken goes on sale January 10 across the United States.

KFC’s new menu item tastes like chicken (but isn’t)

January 4, 2022 3:05 PM CNN Newssource

By Jordan Valinsky, CNN Business Kentucky Fried Chicken is going to sell a new menu item that contains no chicken — but tastes like it does. The…

At-home Covid-19 rapid test kits were already in short supply at stores. Now

Covid rapid test prices are going up

January 4, 2022 2:42 PM CNN Newssource

By Nathaniel Meyersohn, CNN Business At-home Covid-19 rapid test kits were already in short supply at stores. Now, a popular version is getting more…

Trading card giant Topps — just a few months after losing out on a deal to renew its longtime licensing deal with Major League Baseball to sports apparel startup Fanatics — is now selling its collectibles and cards business to ... Fanatics.

Fanatics buying Topps trading card business for $500 million

January 4, 2022 12:48 PM CNN Newssource

By Paul R. La Monica, CNN Business If you can’t beat ’em, get bought by ’em. Trading card giant Topps — just a few months after…

NYC Mayor Eric Adams to big banks: We need you back in the office

January 4, 2022 12:06 PM CNN Newssource

By Matt Egan, CNN Business New York City Mayor Eric Adams is not pleased with the shift back to remote work by Wall Street banks and other major…

Seth Meyers — the host of the network's "Late Night with Seth Meyers" — said on Tuesday that he has tested positive for Covid.

Seth Meyers cancels week of ‘Late Night’ shows after testing positive for Covid-19

January 4, 2022 11:04 AM CNN Newssource

By Frank Pallotta, CNN Business Another NBC late night show has been disrupted by the pandemic. Seth Meyers — the host of the network’s…

A landscape worker walks near the Marriner S. Eccles Federal Reserve building in Washington

The stock market sure is acting strangely

January 4, 2022 10:44 AM CNN Newssource

By Paul R. La Monica, CNN Business Wall Street is having a topsy-turvy moment. Long-term Treasury yields have shot up dramatically, and investors in…

Elizabeth Holmes (2L) walks with her partner Billy Evans (L) and her parents Christian (R) and Noel (2R) Holmes

3 key takeaways from the Elizabeth Holmes verdict

January 4, 2022 10:39 AM CNN Newssource

Opinion by Jessica A. Roth for CNN Business Perspectives After three months of testimony and seven days of deliberations, the jurors in the trial of…

The world’s 500 richest people became $1 trillion richer last year

January 4, 2022 10:23 AM CNN Newssource

By Allison Morrow, CNN Business The world’s wealthiest people, whose fortunes already strained comprehension, collectively gained $1 trillion…

Crystal Pepsi is back

January 4, 2022 10:00 AM CNN Newssource

By Jordan Valinsky, CNN Business Crystal Pepsi, the quirky, failed, clear cola from the 1990s is making a comeback. Pepsi is bringing back the soda…

GM was America’s largest automaker for nearly a century. It was just dethroned by Toyota

January 4, 2022 8:51 AM CNN Newssource

By Chris Isidore, CNN Business Toyota is the leader in US auto sales for the first time, taking away a title that General Motors had held for nearly…

Employees work in an office building in Midtown New York City

A record 4.5 million Americans quit their jobs in November

January 4, 2022 8:22 AM CNN Newssource

By Anneken Tappe, CNN Business A record 4.5 million Americans voluntarily left their jobs in November, according to the Bureau of Labor Statistics.…

A Blackberry Torch 9800 smartphone is seen after being unveiled at a news conference August 3

Classic BlackBerry phones stop working today

January 4, 2022 8:16 AM CNN Newssource

By Samantha Murphy Kelly, CNN Business You can no longer use that old BlackBerry phone sitting at the bottom of your drawer somewhere. On Tuesday,…

Classic BlackBerry phones stop working today

January 4, 2022 8:16 AM CNN

By Samantha Murphy Kelly, CNN Business You can no longer use that old BlackBerry phone sitting at the bottom of your drawer somewhere. On Tuesday,…

Apple became the first public company to reach a market value of $3 trillion when its shares briefly hit an all-time high.

Apple’s warp-speed journey to $3 trillion

January 4, 2022 6:28 AM CNN Newssource

By Julia Horowitz, CNN Business The first trading day of the year featured a major milestone for Corporate America and financial markets.…

Holmes speaking at a Wall Street Journal technology conference in Laguna Beach

The rise and fall of Elizabeth Holmes: A timeline

January 4, 2022 6:25 AM CNN Newssource

By Sara Ashley O’Brien, CNN Business More than three years after Elizabeth Holmes was first indicted and nearly four months after her trial…

Meat prices have been rising at the grocery store.

Biden’s $1 billion bet to make beef cheaper: When will prices fall?

January 4, 2022 4:26 AM CNN Newssource

By Danielle Wiener-Bronner and Matt Egan, CNN Business The White House on Monday offered a solution to surging meat prices: an action plan that…

Customers shop at Sam's Club store on December 25 in Nanjing

China denounces Walmart for ‘stupidity’ after Sam’s Club was accused of pulling Xinjiang products

January 4, 2022 2:27 AM CNN Newssource

By Laura He, CNN Business Walmart has been swept up in controversy in China after one of its retailers was accused of removing products sourced from…

Evergrande has been ordered to demolish 39 buildings in Chinese resort

January 4, 2022 1:29 AM CNN Newssource

By Laura He, CNN Business Troubled Chinese real estate developer Evergrande is trying to reassure investors about the impact of an official order to…

Pro-Trump supporters storm the U.S. Capitol following a rally with President Donald Trump on January 6 in Washington

Shared history of January 6 is impeded by disinformation, denial and diversion

January 3, 2022 10:15 PM CNN Newssource

By Brian Stelter and Donie O’Sullivan, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter.…

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