Money and Business Archives

The Fed is winning its battle against inflation. So why isn’t it cutting rates?

June 11, 2024 5:39 am CNN Newsource

By Elisabeth Buchwald, CNN New York (CNN) — Legendary baseball coach and player Frank Robinson famously said, “Close only counts in… Continue Reading

Rachel Maddow Q&A: MSNBC star dishes on the rise of authoritarianism and her worries about becoming a Trump target

June 11, 2024 5:03 am CNN Newsource

By Oliver Darcy, CNN New York (CNN) — Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up… Continue Reading

Elon Musk threatens to ban iPhones and Macs at his companies

June 11, 2024 4:45 am CNN Newsource

By Hanna Ziady, CNN London (CNN) — Elon Musk is not happy about a new partnership between Apple and ChatGPT creator OpenAI.In a post to X… Continue Reading

Elizabeth Holmes, Silicon Valley’s most famous convict, makes her long-shot appeal

June 11, 2024 4:00 am CNN Newsource

By Allison Morrow, CNN New York (CNN) — Lawyers for Elizabeth Holmes, the convicted Silicon Valley grifter, presented her appeal before a… Continue Reading

The hidden costs of owning a home are surging for Americans

June 11, 2024 3:30 am CNN Newsource

By Matt Egan, CNN New York (CNN) — The price for owning a home is rising rapidly – and we’re not just talking about mortgage payments.US… Continue Reading

Why oil companies are raking in record profits under Joe Biden

June 11, 2024 3:00 am CNN Newsource

By Samantha Delouya, CNN (CNN) — Nearly four years ago, while campaigning in the runup to the last presidential election, Donald Trump… Continue Reading

Singapore Airlines offers compensation to passengers injured by severe turbulence

June 10, 2024 11:10 pm CNN Newsource

By Juliana Liu, CNN Hong Kong (CNN) — Singapore Airlines has offered compensation to passengers hurt last month during a flight that… Continue Reading

SCE ready to repair damage along trail to Inspiration Point

June 10, 2024 6:52 pm Tracy Lehr

SANTA BARBARA, Calif.-Hikers who want to trek up to Inspiration Point may want to do it soon as Southern California Edison has plans to close a good… Continue Reading

This vintage action figure set a record at auction. But your childhood toys may not be worth as much as you think

June 10, 2024 1:18 pm CNN Newsource

By Eva Rothenberg, CNN New York (CNN) — An action figure from 1979 that was never officially released in stores has become the most valuable… Continue Reading

The WNBA just had its most-watched games ever

June 10, 2024 12:05 pm CNN Newsource

By Ramishah Maruf, CNN New York (CNN) — The WNBA just had its highest-attended opening month in 26 years, fueled by a powerhouse rookie… Continue Reading

New parking lot opens in Downtown San Luis Obispo

June 10, 2024 12:00 pm Tony Almanza

The City of San Luis Obispo added 45 new public parking spaces through a new parking lot downtown.… Continue Reading

Activist investor takes $1.9 billion stake in Southwest Airlines, calls for leadership changes

June 10, 2024 8:57 am CNN Newsource

By Chris Isidore, CNN New York (CNN) — Elliott Investment Management announced Monday it has taken a $1.9 billion stake in Southwest… Continue Reading

Americans are feeling rosier about their finances, the stock market and inflation’s decline

June 10, 2024 8:57 am CNN Newsource

By Alicia Wallace, CNN (CNN) — Presidential election polls may be showing that some Americans have mixed, if not outright sour, views on the… Continue Reading

Barclays bank branches vandalized by pro-Palestinian and climate activists

June 10, 2024 8:56 am CNN Newsource

By Catherine Nicholls and Hanna Ziady, CNN London (CNN) — Around 20 branches of Barclays have been vandalized by pro-Palestinian and… Continue Reading

French election shock hits stocks, banks and the euro

June 10, 2024 4:54 am CNN Newsource

By Anna Cooban, CNN London (CNN) — French markets and the euro were roiled Monday by President Emmanuel Macron’s surprise decision to call a… Continue Reading

Everything Apple announced at its big AI event

June 10, 2024 4:43 am CNN Newsource

By Samantha Murphy Kelly, CNN Cupertino, California (CNN) — Apple just kicked off a brand new era for the company with the introduction of… Continue Reading

America’s rural hospitals keep getting attacked by cybercriminals. Microsoft and Google are working to fix that

June 10, 2024 4:04 am CNN Newsource

By Sean Lyngaas and Michelle Watson, CNN (CNN) — Microsoft and Google will offer free or discounted cybersecurity services to rural… Continue Reading

Tesla clears another hurdle to launching full self-driving in China

June 10, 2024 3:16 am CNN Newsource

By Laura He and Joyce Jiang, CNN Hong Kong (CNN) — Tesla is one step closer to launching full-self driving (FSD) technology in China after… Continue Reading

Tesla shareholders to vote whether Elon Musk deserves billions judge struck down

June 9, 2024 9:00 am CNN Newsource

By Chris Isidore, CNN New York (CNN) — Tesla’s controversial CEO Elon Musk, and his massive wealth, are front and center in a shareholder… Continue Reading

Stellantis recalls more than 200,000 vehicles over stability control issues

June 9, 2024 7:15 am CNN Newsource

By Eva Rothenberg, CNN New York (CNN) — Car manufacturer Stellantis is recalling 211,581 SUVs and pickup trucks over a software malfunction… Continue Reading