Money Archives

The shell company that plans to merge with former President Donald Trump's new media firm known as a SPAC is losing some steam after last week's trading bonanza.

Trump SPAC slumps after wild week of trading

October 26, 2021 2:34 PM CNN Newssource

By Rob McLean and Jill Disis, CNN Business The shell company that plans to merge with former US President Donald Trump’s new media firm is…

Elon Musk is now worth more than ExxonMobil

October 26, 2021 7:33 AM CNN Newssource

By Jordan Valinsky, CNN Business Elon Musk is rapidly approaching a net worth of $300 billion, as Tesla’s market cap soars past $1 trillion.…

The past few months have been turbulent for Facebook following leaked internal research and documents. Pictured is the company's corporate headquarters campus in Menlo Park

The big takeaways from the Facebook Papers

October 26, 2021 12:38 PM CNN Newssource

By Tara Subramaniam, CNN Business Facebook is no stranger to the limelight. While the company has repeatedly come under fire over the past few years…

Embattled conglomerate Evergrande and other developers have warned they could default on their huge debts. Pictured is an unfinished apartment building in Nanjing

Evergrande and these Chinese real estate developers are already in trouble

October 26, 2021 1:52 AM CNN Newssource

By Anneken Tappe and Diksha Madhok, CNN Business China’s real estate crisis isn’t showing any sign of letting up. Embattled conglomerate…

Facebook has language blind spots around the world that allow hate speech to flourish

October 26, 2021 6:17 AM CNN Newssource

By Rishi Iyengar, CNN Business For years, Facebook CEO Mark Zuckerberg touted his mission to connect the entire world — and his company has come…

Facebook on Monday reported $29 billion in revenue for the three months ended in September

Likes, anger emojis and RSVPs: the math behind Facebook’s News Feed — and how it backfired

October 27, 2021 7:43 AM CNN

By Rachel Metz, CNN Business In late 2017, Facebook had a big problem: users were commenting on, “liking” and resharing posts less than…

Anti-Defamation League CEO on Facebook: Never has a single company been responsible for so much misfortune

October 25, 2021 5:12 PM CNN Newssource

By Matt Egan, CNN Business Jonathan Greenblatt, the CEO of the Anti-Defamation League, blasted Facebook on Monday following the publication of a…

Tesla just became the sixth company in US history to be worth $1 trillion.

Tesla is now worth more than $1 trillion

October 26, 2021 1:14 PM CNN Newssource

By Chris Isidore, CNN Business Tesla just became the sixth company in US history to be worth $1 trillion. Shares popped more than 12% Monday to close…

Wall Street is brushing off concerns about Facebook. The Dow and S&P 500 both hit record highs Monday — while Tesla shares soared to a new all-time peak above $1

Anti-Defamation League CEO on Facebook: Never has a single company been responsible for so much misfortune

October 25, 2021 3:43 PM CNN

By Matt Egan, CNN Business Jonathan Greenblatt, the CEO of the Anti-Defamation League, blasted Facebook on Monday following the publication of a…

The Dow and S&P 500 hit record highs as Tesla stock electrifies

October 25, 2021 2:05 PM CNN Newssource

By Paul R. La Monica, CNN Business Wall Street is brushing off concerns about Facebook. The Dow and S&P 500 both closed at record highs Monday…

Jeff Bezos’ Blue Origin wants to build a tourism space station nearly as big as the ISS

October 25, 2021 11:38 AM CNN Newssource

By Jackie Wattles, CNN Business Blue Origin, the rocket and space tourism company founded by Jeff Bezos, is proposing a massive new commercial space…

During a search of Lori Ann Talens' home

Extreme couponers were sent to prison in $31.8 million fraud scheme

October 26, 2021 9:09 AM CNN Newssource

By Jordan Valinsky, CNN Business The FBI is revealing new details about a $31.8 million counterfeit coupon scheme that landed a Virginia Beach couple…

President Joe Biden's vaccine mandate will further disrupt supply chains

Biden’s vaccine mandate will further disrupt supply chains, Raytheon CEO says

October 26, 2021 9:39 AM CNN

By Matt Egan, CNN Business The Biden administration’s Covid-19 vaccine mandate for federal contractors will further disrupt already…

Aerial view of containers and ships at the Port of Los Angeles on October 23

$24 billion in goods is floating outside California’s biggest ports

October 25, 2021 9:25 AM CNN Newssource

By Matt Egan, CNN Business Extreme port congestion has become a major nuisance that just won’t go away this year. Unfortunately, it could be…

US oil jumped another 1.2% to trade as high as $85.07 a barrel. Oil pumpjacks are shown here operating at dusk Willow Springs Park in Long Beach

Oil surpasses $85 for the first time in seven years

October 25, 2021 9:01 AM CNN Newssource

By Matt Egan, CNN Business The oil rally hit another milestone Monday, with crude topping $85 a barrel for the first time in seven years. US oil…

Tesla Model 3 electric vehicles at a Hertz location.

Hertz is buying 100,000 Teslas

October 25, 2021 8:55 AM CNN Newssource

By Chris Isidore, CNN Business Hertz is betting big on electric vehicles. It’s buying 100,000 Teslas, the largest-ever order by a single buyer.…

Facebook Oversight Board member and PEN America CEO Suzanne Nossel emphasized that the platform must do a better job with transparency. Nossel is shown here speaking at the 14th Annual PEN World Voices Festival at The Great Hall at Cooper Union on April 22

Facebook Oversight Board member calls for more transparency

October 25, 2021 7:09 AM CNN

By Ramishah Maruf, CNN Business As more of Facebook’s internal documents are revealed, Facebook Oversight Board member and PEN America CEO…

Facebook Oversight Board member calls for more transparency

October 25, 2021 7:09 AM CNN Newssource

By Ramishah Maruf, CNN Business As more of Facebook’s internal documents are revealed, Facebook Oversight Board member and PEN America CEO…

Democrats race to finalize a package and get it over to Biden before he leaves on a trip to Europe.

Will companies still pay for Biden’s big spending plan?

October 25, 2021 6:19 AM CNN

By Julia Horowitz, CNN Business As Wall Street watches the debate over President Joe Biden’s flagship infrastructure, climate and social…

Will companies still pay for Biden’s big spending plan?

October 25, 2021 6:19 AM CNN Newssource

By Julia Horowitz, CNN Business As Wall Street watches the debate over President Joe Biden’s flagship infrastructure, climate and social…

Email:
Select all that apply: Morning News Headlines Daily Weather Forecast Breaking News Alert Afternoon Headlines Contests and Promotions Road Warrior