Money Archives

San Francisco tore down the Embarcadero Freeway

Double-decker highways are back. But they’re not going to solve traffic jams

January 26, 2022 1:17 PM CNN Newssource

By Matt McFarland, CNN Business Frederica Wilson, the US Congresswoman representing much of Miami, says she must leave home by 6:30 a.m. to beat…

The Federal Reserve is getting ready to raise interest rates

The Fed is getting ready to raise interest rates

January 26, 2022 12:22 PM CNN Newssource

By Anneken Tappe, CNN Business The Federal Reserve is getting ready to raise interest rates, the central bank said in its monetary policy update…

A worker picks coffee cherries during a harvest in Colombia.

Climate change is coming for our coffee

January 26, 2022 12:07 PM CNN Newssource

By Danielle Wiener-Bronner, CNN Business Bad news for coffee lovers: Climate change will make it much harder to grow Arabica coffee in the coming…

US lawmakers have suggested in recent weeks that Russia could be removed from SWIFT

What is SWIFT and why it might be the weapon Russia fears most

January 26, 2022 9:43 AM CNN Newssource

By Charles Riley, CNN Business Some are calling it the “nuclear option.” As Western governments threaten Russia with a package of…

A package of Oscar Meyer bacon is displayed on a grocery store shelf in San Rafael

Exclusive: Oscar Mayer hot dogs and Velveeta cheese will get more expensive

January 26, 2022 9:38 AM CNN Newssource

By Nathaniel Meyersohn, CNN Business The makers of top food and consumer goods brands plan to raise prices in the spring, dashing shoppers’…

The ID.3 at Volkswagen headquarters in Wolfsburg

The pandemic has been great for electric car sales

January 26, 2022 9:07 AM CNN Newssource

By Anna Cooban, CNN Business Electric vehicles grabbed a much bigger share of the global car market last year as sales more than doubled despite…

Dustin Hoffman (left) and Tom Cruise in the 1988 movie "Rain Man"

The Buick Roadmaster Tom Cruise drove in ‘Rain Man’ is up for sale

January 26, 2022 8:41 AM CNN Newssource

By Peter Valdes-Dapena, CNN Business It wasn’t exactly “The Fast and the Furious” — pretty much the opposite — but the 1988…

Walt Disney Co. Frozen II dolls hang on display at a Toys "R" Us Inc. store in Paramus

Disney Princess toys and Frozen characters are coming back to Mattel

January 26, 2022 8:38 AM CNN Newssource

By Paul R. La Monica, CNN Business It’s a magical world again for Mattel. The toy company won back the rights to make dolls based on…

Wynn Resorts is planning to build a luxury hotel with 'gaming area' on Marjan Island in Ras al Khaimah.

Wynn Resorts wants to bring ‘gaming’ to the UAE

January 26, 2022 7:59 AM CNN Newssource

By Celine Alkhaldi, Eoin McSweeney and Hamzeh Noami, CNN Casino operator Wynn Resorts has inked a deal to build a luxury resort in Ras Al Khaimah in…

The bot was able to spoil future puzzles because the answers to Wordle can easily be found in the game's source code

Wordle-spoiling bot taken down by Twitter

January 26, 2022 7:36 AM CNN Newssource

By Jordan Valinsky, CNN Business Twitter has suspended an annoying bot that automatically responded with the next day’s solution when people…

Wordle-spoiling bot taken down by Twitter

January 26, 2022 7:36 AM CNN

By Jordan Valinsky, CNN Business Twitter has suspended an annoying bot that automatically responded with the next day’s solution when people…

McDonald's fans have long been creating menu hacks like using hash browns as a bun. Now the chain is putting some of them on the menu.

McDonald’s is selling fan-made menu hacks

January 26, 2022 7:00 AM CNN Newssource

By Jordan Valinsky, CNN Business McDonald’s fans have long been creating menu hacks like using hash browns as a bun. Now the chain is putting…

A shopper walks past partially empty bread shelves at a Target store in the Queens borough of New York City

Surging food prices are hurting those who can least afford it. This is what needs to happen

January 26, 2022 6:59 AM CNN Newssource

Opinion by Dana Peterson for CNN Business Perspectives Prices are rising for nearly everything, biting into everyone’s income. But the surging…

A medical staff member inoculates a person with a dose of COVID-19 vaccine at a vaccine clinic in San Antonio

Most major employers are keeping vaccine mandate for workers, despite Supreme Court ruling

January 26, 2022 6:24 AM CNN Newssource

By Chris Isidore, CNN Business Many major employers are going ahead with policies to require employees to take steps to combat Covid-19, even if the…

Traders work on the floor of the New York Stock Exchange at the opening bell on January 25.

Rate hikes have been good for stocks. This time might be different

January 26, 2022 6:18 AM CNN Newssource

By Julia Horowitz, CNN Business The market has churned intensely this week as investors get to grips with expectations that the Federal Reserve will…

Planes are seen under construction at a Boeing assembly plant in North Charleston

Boeing posts massive charge for 787 Dreamliner problems, sending losses soaring

January 26, 2022 6:11 AM CNN Newssource

By Chris Isidore, CNN Business Boeing took nearly $4 billion in charges related to problems it had with its 787 Dreamliner, causing losses to soar…

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…

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