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CNN – Business/Consumer

Bessent calls $20 billion lifeline to Argentina a ‘mission-critical’ function of Treasury during shutdown

By Elisabeth Buchwald, CNN (CNN) — Finalizing a $20 billion lifeline for Argentina using taxpayers’ funds during the government shutdown was an essential action for the agency, Treasury Secretary Scott Bessent said Tuesday. His remarks came in response to a letter from Sen. Elizabeth Warren, the ranking member of the Senate Banking Committee, who wrote

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Tesla’s best quarter of year isn’t enough to impress investors. Because they know it won’t last

By Chris Isidore, CNN (CNN) — You’d think after a tumultuous year for Elon Musk’s car company, Wall Street would be cheering Tesla’s record quarterly sales. They’re not. That’s for two main reasons: First, Tesla’s profit fell from a year ago and missed analysts’ estimates. Second, Tesla’s sales were largely booming last quarter because customers

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Walmart halts job offers for applicants who need H-1B visas after Trump raises fees to $100,000

By Nathaniel Meyersohn, CNN (CNN) — Walmart, America’s largest private-sector employer, is pausing job offers to foreign candidates needing H-1B visas to work in the United States, a company spokesperson told CNN. It’s a significant shift that demonstrates how major companies are changing their policies in response to Trump’s strict immigration agenda that could have

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