CNN – Business/Consumer

By Laura He, CNN Beijing will give out a $6 monthly cash subsidy to low-income residents to cushion the impact of rising food prices, a move that has unexpectedly angered many online who say the amount is far too low. The announcement from the city government comes as food inflation accelerated in China after policymakers

By Ramishah Maruf, CNN Meta is testing a subscription service which will allow Instagram and Facebook users to pay to get verified, Mark Zuckerberg announced on Instagram Sunday. “Meta Verified” will start at $11.99 a month on the web or $14.99 a month on iOS, and the company will begin releasing it in Australia and

By Paul R. La Monica, CNN Warren Buffett is arguably the most legendary investor of all time. But the Oracle of Omaha has missed out on this year’s stock market rally. So far, at least. Shares of Buffett’s Berkshire Hathaway conglomerate, a company that owns businesses ranging from Geico and the Burlington Northern Santa Fe

By Ramishah Maruf, CNN This Monday, February 20, marks Presidents Day. The federal holiday falls on the third Monday of February, commemorating America’s 45 commanders in chief (Grover Cleveland served two nonconsecutive terms, so is considered the 22nd and 24th US President.) Officially, the holiday is known as Washington’s Birthday, as it usually falls around

By Anna Bahney, CNN Home prices are going up across the country — in aggregate. Looking at individual markets, however, some are showing prices have fallen from a year ago. Single-family median home prices increased 4% in the fourth quarter from a year ago to $378,700. Prices were strongest in the Northeast in the last

By Ramishah Maruf, CNN Twitter Blue subscribers will be the platform’s only users able to use text messages as a two-factor authentication method, Twitter announced Friday. The change will take place on March 20. Twitter users will have two other ways to authenticate their Twitter log-ins at no cost: an authentication mobile app and a

By Chris Isidore, CNN The price of used cars has been falling steadily, and steeply, for much of the last year. Unfortunately for car buyers, that could be about to change. Wholesale prices for used cars being sold at auction have risen sharply in the last few weeks, according to industry data. Higher retail prices

By Nathaniel Meyersohn, CNN For decades, bright, playful and oddly-shaped fast-food restaurants dotted the roadside along America’s highways. You’d drive by Howard Johnson’s with its orange roofs and then pass Pizza Hut’s red-topped huts. A few more miles and there was the roadside White Castle with its turrets. Arby’s roof was shaped like a wagon

By Nicole Goodkind, CNN Former Barclays CEO Jes Staley allegedly exchanged sexually suggestive emails with disgraced financier Jeffrey Epstein, some of which included photos of young women, according to newly unsealed passages of a federal lawsuit. Those email exchanges allegedly continued long after Epstein was convicted of sex crimes in 2008, the US Virgin Islands

By Oliver Darcy, CNN Business Fox News has been exposed like never before. A trove of newly-released text messages and emails have laid bare how the right-wing media giant operated with little regard for fact in the weeks and months following the 2020 presidential election. The correspondence reveals that the network’s senior-most executives and highest-profile

By Alicia Wallace, CNN Inflation may be cooling off overall, but the price of pet food, pet products and pet care services remains stubbornly high. What have you encountered in your ongoing care for your dog, cat or other pets? How have your household budget and financial decisions changed as they relate to your pet?

By Laura He, CNN The property market in China is so depressed that some banks are resorting to drastic measures, including allowing people to pay off mortgages until they are 95 years old. Some banks in the cities of Nanning, Hangzhou, Ningbo and Beijing have extended the upper age limit on mortgages to between 80