Money and Business Archives

Biden administration wants to kill ‘junk’ fees in retirement investments and advice

October 31, 2023 11:16 am CNN Newsource

By Jeanne Sahadi, CNN New York (CNN) — As part of its ongoing effort to make it easier for Americans to amass retirement savings and protect… Continue Reading

Fiat, maker of Italian cars, is opening an apartment building in New Jersey

October 31, 2023 9:23 am CNN Newsource

By Peter Valdes-Dapena, CNN (CNN) — Fiat, the Italian car brand best known in the United States for its tiny, retro-styled cars, is putting… Continue Reading

Steve Ballmer, who started as Bill Gates’ assistant, is the 5th-richest person in the world

October 31, 2023 9:21 am CNN Newsource

By Catherine Thorbecke, CNN New York (CNN) — Bill Gates’ former assistant at Microsoft is now the fifth-richest person in the world, per… Continue Reading

Sam Bankman-Fried’s fourth day on the stand did not go well

October 31, 2023 8:12 am CNN Newsource

By Allison Morrow, CNN New York (CNN) — Sam Bankman-Fried has stepped down from the stand, after four days of testimony in his criminal… Continue Reading

US consumer confidence dropped for third consecutive month despite the booming economy

October 31, 2023 7:02 am CNN Newsource

By Elisabeth Buchwald, CNN New York (CNN) — Americans are losing confidence about the economic outlook.For the third month in a row, the… Continue Reading

US home prices rose in August for the seventh straight month

October 31, 2023 6:18 am CNN Newsource

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

US paychecks grew faster than expected in the third quarter

October 31, 2023 5:35 am CNN Newsource

By Bryan Mena, CNN Washington, DC (CNN) — Total compensation paid to US workers grew at a faster pace than expected last quarter, pointing… Continue Reading

Bud Light sales keep sinking

October 31, 2023 5:18 am CNN Newsource

By Jordan Valinsky, CNN New York (CNN) — Bud Light continues to drag Anheuser-Busch InBev’s bottom line in the United States, but the… Continue Reading

The auto strikes are probably — but not definitely — over. Here’s what comes next

October 31, 2023 4:44 am CNN Newsource

By Chris Isidore, CNN New York (CNN) — The longest US auto strike in 25 years is nearly over. Maybe.The United Auto Workers union announced… Continue Reading

Europe’s economy risks a recession after output falls in the third quarter

October 31, 2023 4:13 am CNN Newsource

By Hanna Ziady, CNN London (CNN) — The euro area economy risks falling into recession later this year after official data Tuesday showed… Continue Reading

Stellantis takes $3 billion revenue hit from autoworker strikes

October 31, 2023 3:05 am CNN Newsource

By Hanna Ziady and Chris Isidore, CNN London (CNN) — Historic strikes by autoworkers in North America reduced revenue at Stellantis €3… Continue Reading

Sam Altman warns AI could kill us all. But he still wants the world to use it

October 31, 2023 3:00 am CNN Newsource

By Samantha Kelly, CNN New York (CNN) — Sam Altman thinks the technology underpinning his company’s most famous product could bring about… Continue Reading

OpenAI: The cast of characters of Silicon Valley’s latest, juiciest upheaval

October 31, 2023 3:00 am CNN

CNN By Jennifer Korn and Paul Glader, CNN (CNN) — When technology firm OpenAI ousted its CEO Sam Altman last week with little warning and… Continue Reading

China’s factory activity unexpectedly contracts in October as demand drops

October 30, 2023 10:50 pm CNN Newsource

By Laura He, CNN Hong Kong (CNN) — China’s massive manufacturing sector has contracted once again amid weak demand, fueling calls for… Continue Reading

Canada bans China’s Wechat from government devices citing security risks

October 30, 2023 10:36 pm CNN Newsource

By Juliana Liu, CNN Hong Kong (CNN) — Canada has banned Chinese super-app WeChat on official government devices citing cybersecurity risks,… Continue Reading

Goleta continues to work on homeless solutions and hot spots

October 30, 2023 11:39 am John Palminteri

Homeless solutions in Goleta will be discussed at a community meeting via zoom. Many camps have been linked to fires along with health and safety… Continue Reading

Panaderia Vanessa bakes Halloween Conchas

October 30, 2023 9:25 pm Tracy Lehr

OXNARD, Calif.-A bakery known for its sweet breads has created Halloween treats. Panaderia Vanessa has been selling the sweets called… Continue Reading

Hollywood actors and major studios make progress in talks, signaling possible deal on horizon to end strike

October 30, 2023 6:56 pm CNN Newsource

By Oliver Darcy, CNN (CNN) — It appears the actors’ strike is approaching its final scene.SAG-AFTRA, the union that represents more than… Continue Reading

Judge shuts down Fox bid to subpoena George Soros in Smartmatic case

October 30, 2023 4:46 pm CNN Newsource

By Liam Reilly, CNN (CNN) — A New York judge on Monday shut down an attempt by Fox News to subpoena George Soros, the Jewish billionaire and… Continue Reading

Apple unveils its fastest iMac and MacBook Pro models yet

October 30, 2023 4:30 pm CNN Newsource

By Samantha Murphy Kelly, CNN (CNN) — Apple’s MacBook Pro lineup and colorful iMacs just got even faster.At an event livestreamed on Monday… Continue Reading