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Twitter prepares to roll out new paid subscription service that includes blue checkmark

November 5, 2022 3:41 PM CNN Newsource

by Brian Fung, CNN Twitter on Saturday launched an updated version of its iOS app that promises to allow users to pay a monthly subscription to…

SpaceX owner and Tesla CEO Elon Musk pictured in Los Angeles

Elon Musk sold nearly $4 billion worth of Tesla stock since Twitter deal closed

November 5, 2022 3:41 PM CNN

By Chris Isidore, CNN Business Elon Musk sold $3.95 billion worth of Tesla stock since completing his purchase of Twitter late last month.…

One of the reasons for the record $1.6 billion jackpot for the Powerball drawing is the recent run of steep interest rate hikes from the Federal Reserve

Why is the Powerball prize at a record? Thank Fed Chairman Jerome Powell

November 5, 2022 8:35 AM CNN Newsource

By Chris Isidore, CNN Business One of the reasons for the record $1.9 billion jackpot for the Powerball drawing Monday night is something you…

Costco's strategy of discontinuing products can be a frustration for shoppers.

Why Costco and Trader Joe’s stopped selling your favorite food

November 5, 2022 5:58 AM CNN Newsource

By Nathaniel Meyersohn, CNN Business Chances are, you’ve been there: You head to Trader Joe’s to buy caramel popcorn, churro bites and…

NBC News pulls report on Paul Pelosi attack

November 5, 2022 5:37 AM CNN Newsource

By Oliver Darcy, CNN Business NBC News on Friday pulled a report about the attack on Paul Pelosi that the network said did not meet its standards.…

Kyrie Irving #11 of the Brooklyn Nets looks on during a game against the Indiana Pacers at Barclays Center on October 31 in New York City. Nike is suspending its relationship with Irving for comments regarding his tweet linking to an antisemitic documentary.

Nike suspends relationship with Kyrie Irving

November 4, 2022 9:15 PM CNN Newsource

By Jill Martin and Aya Elamroussi, CNN Nike is suspending its relationship with Brooklyn Nets point guard Kyrie Irving, the company said in an…

Labor Secretary says Congress needs to block rail strikes without new deals

November 4, 2022 3:36 PM CNN Newsource

By Chris Isidore, CNN Business Labor Secretary Marty Walsh says he hopes negotiators between railroads and some rail unions can reach new labor deals…

The threat of a freight railroad strike has been pushed back to early December

Railroad unions push back threatened strike date

November 4, 2022 3:36 PM CNN

By Chris Isidore and Vanessa Yurkevich, CNN Business The threat of a freight railroad strike has been pushed back to early December, as four major…

Helicopter misses rocket booster in wild attempt to recapture it after flight

November 4, 2022 2:53 PM CNN Newsource

By Jackie Wattles, CNN Business Rocket Lab, a start-up building small orbital rockets, kicked off another successful mission on Friday — but it…

Georgia shoe manufacturer lays off most of workforce after Adidas stops Yeezy production

November 4, 2022 1:36 PM CNN Newsource

By Melissa Alonso, CNN Okabashi, an Adidas manufacturing partner and family-owned footwear company in Buford, Georgia, has laid off 142 employees as…

Puma’s outgoing CEO could lead rival Adidas next

November 4, 2022 11:46 AM CNN Newsource

By Julia Horowitz, CNN Business Adidas could snap up the boss of crosstown rival Puma to succeed outgoing CEO Kasper Rorsted. The sportswear company…

Mixed bag for jobs: Employers keep hiring, but unemployment rises

November 4, 2022 10:25 AM CNN

By Chris Isidore, CNN Business The white-hot US labor market is showing signs of cooling, with the Labor Department reporting Friday a slower pace of…

There is no uniform practice in how a company should set its minimum and maximum pay range.

What’s behind wide salary ranges after New York’s pay transparency law

November 4, 2022 8:01 AM CNN

By Jeanne Sahadi, CNN Business It’s not unusual for two people with the same title to be paid somewhat different salaries. Pay, after all, is…

Stocks in Hong Kong log best week in more than a decade

November 4, 2022 7:41 AM CNN Newsource

By Julia Horowitz, CNN Business Global investors have two big questions on their minds: When will the Federal Reserve become less aggressive in its…

Federal Reserve Bank Chairman Jerome Powell speaks during a news conference at the bank headquarters on November 02

Interest rates will keep rising. How high will they go?

November 4, 2022 6:43 AM CNN Newsource

By Nicole Goodkind, CNN Business What will the Federal Reserve do at its meeting in December? Analysts can speculate all they want, but Fed officials…

Mixed bag for jobs: Employers keep hiring, but unemployment rises

November 4, 2022 4:45 AM CNN Newsource

By Chris Isidore, CNN Business The white-hot US labor market is showing signs of cooling, with the Labor Department reporting Friday a slower pace of…

America’s housing dream is broken

November 3, 2022 7:07 PM CNN Newsource

By Allison Morrow, CNN Business A little over a decade ago, the dominant narrative about the housing market was that Millennials simply weren’t…

America’s housing dream is broken

November 3, 2022 7:07 PM CNN

By Allison Morrow, CNN Business A little over a decade ago, the dominant narrative about the housing market was that Millennials simply weren’t…

People ride an escalator while others stand at a mall during the holiday season shopping in Brooklyn

Holiday sales expected to increase this year, but shoppers will lean on savings and credit to afford gifts

November 3, 2022 2:12 PM CNN Newsource

By Parija Kavilanz, CNN Business Families may not skimp on holiday gifts for their loved ones this year, but they’ll likely slim down their…

Popeyes is focusing on speed and convenience. And that means more drive-thrus.

The chicken sandwich isn’t enough for Popeyes anymore

November 3, 2022 1:38 PM CNN Newsource

By Danielle Wiener-Bronner, CNN Business When Popeyes launched its crispy chicken sandwich in 2019, the menu item sold out in just two weeks. When it…

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