Money and Business Archives

US home prices hit another record high in September, rising for the eighth straight month

November 28, 2023 6:01 am CNN Newsource

By Anna Bahney, CNN Washington, DC (CNN) — US home prices continued to rise in September, hitting a new record high and marking the eighth… Continue Reading

Don’t read too much into those Black Friday and Cyber Monday spending totals

November 28, 2023 5:42 am CNN Newsource

By Elisabeth Buchwald, CNN New York (CNN) — How many people are on your holiday shopping list this year? Are you going to splurge or bargain… Continue Reading

Gas prices drop more than 60 days in a row

November 28, 2023 3:54 am CNN Newsource

By Matt Egan, CNN New York (CNN) — In a gift to American shoppers this holiday season, gasoline prices have dropped for 61 consecutive days… Continue Reading

Who can afford to go green? Hard-pressed consumers are pushing back

November 28, 2023 3:17 am CNN Newsource

Analysis by Hanna Ziady, CNN London (CNN) — “All the rich can afford a new car,” an elderly British woman commented at a recent protest in… Continue Reading

Ozempic and Wegovy have upended the diet industry. So why is the WeightWatchers CEO betting the company’s future on them?

November 28, 2023 3:00 am CNN Newsource

By Nicole Goodkind, CNN New York (CNN) — WeightWatchers is betting that diet culture is over.Welcome to the age of Ozempic. Diet drugs have… Continue Reading

Ozempic and Wegovy have upended the diet industry. So why is the WeightWatchers CEO betting the company’s future on them?

November 28, 2023 3:00 am CNN

CNN By Nicole Goodkind, CNN New York (CNN) — WeightWatchers is betting that diet culture is over.Welcome to the age of Ozempic. Diet drugs… Continue Reading

It’s holiday season. For some, it will mean pink slips

November 28, 2023 3:00 am CNN Newsource

By Jeanne Sahadi, CNN New York (CNN) — Layoffs are never welcome news to employees. But they bring an extra bite when they are carried out… Continue Reading

Students are lawyering up in the wake of the Israel-Hamas war

November 28, 2023 3:00 am CNN Newsource

By Ramishah Maruf, CNN New York (CNN) — Columbia University senior Yusuf Hafez was in class in late October when his friend alerted him that… Continue Reading

China will focus on ‘high-quality, sustainable growth,’ central bank chief says

November 28, 2023 2:16 am CNN Newsource

By Laura He, CNN Hong Kong (CNN) — The world’s second largest economy is undergoing a major transformation and is looking for new drivers of… Continue Reading

TikTok owner ByteDance is retreating from gaming and laying off hundreds

November 28, 2023 2:02 am CNN Newsource

By Michelle Toh, CNN Hong Kong (CNN) — ByteDance, the Chinese tech giant behind TikTok, is pulling back from video gaming in a shift that… Continue Reading

Major brands are not only pausing ads on Elon Musk’s X. They’re stepping away from the platform altogether

November 27, 2023 6:53 pm CNN Newsource

By Oliver Darcy, CNN (CNN) — The exodus from X is bleeding beyond just major advertisers.In recent days, a number of prominent media brands… Continue Reading

Sports Illustrated deletes articles published under fake author names and AI-generated profile photos

November 27, 2023 4:54 pm CNN Newsource

By Liam Reilly, CNN (CNN) — Sports Illustrated on Monday said it had deleted several articles from its website after a… Continue Reading

Paseo Nuevo holiday events come with a nightly snowfall show

November 27, 2023 1:49 pm John Palminteri

The Paseo Nuevo Mall has a tree lighting Friday and also the kick off of the special snowfall show. The mall plans many holiday events and nightly… Continue Reading

Santa Barbara restaurant collaborates with Direct Relief to help those affected by Maui wildfires

November 27, 2023 8:04 am Patricia Martellotti

Oku Restaurant, a locally owned restaurant in Santa Barbara, held a fundraiser to help those impacted by the devastating Maui fires. The restaurant… Continue Reading

Americans are set to spend a record $12 billion online shopping today

November 27, 2023 9:57 am CNN Newsource

By Matt Egan, CNN New York (CNN) — Enticed by deep discounts, Americans are expected to celebrate Cyber Monday by spending a record-setting… Continue Reading

Google to begin deleting inactive accounts this week

November 27, 2023 8:10 am CNN Newsource

By Jennifer Korn, CNN (CNN) — That Google account you haven’t checked in years might be getting wiped this week.Beginning Friday, Google is… Continue Reading

New home sales fell last month as mortgage rates hit 2023 high

November 27, 2023 7:20 am CNN Newsource

By Anna Bahney, CNN Washington, DC (CNN) — New home sales in the United States fell in October as typical mortgage rates reached their… Continue Reading

Volkswagen says its core VW brand is ‘no longer competitive’

November 27, 2023 6:19 am CNN Newsource

Reuters Berlin — Volkswagen’s original brand is “no longer competitive,” the company’s brand chief warned Monday, owing to high costs and low… Continue Reading

Jack Ma is betting on a new food business in China

November 27, 2023 2:18 am CNN Newsource

By Michelle Toh and Eric Cheung, CNN Hong Kong/Taipei (CNN) — Alibaba founder Jack Ma has a new title: owner of “Ma’s Kitchen.”China’s most… Continue Reading

Elon Musk visits destroyed kibbutz and meets Netanyahu in wake of antisemitic post

November 27, 2023 12:00 am CNN Newsource

By Michelle Toh, Lauren Izso and Alex Stambaugh, CNN Hong Kong/Jerusalem (CNN) — Elon Musk visited Israel Monday, meeting the country’s… Continue Reading