Money Archives - Page 100 of 100

SNL star Pete Davidson will no longer fly to space after launch postponed

March 17, 2022 11:50 PM CNN Newsource

By Ross Levitt, CNN Saturday Night Live star Pete Davidson is not going to be on Blue Origin’s next space flight after the company pushed back…

Better Business Bureau warns against roofing scams

March 17, 2022 7:45 PM ABC 17 News Team

With the warmer weather and spring storms, Michelle Gleba with the Better Business Bureau is warning homeowners to be on the lookout for roofing…

A British ferry company fired 800 seafarers on Thursday

UK ferry company fires 800 seafarers. Some are refusing to leave their ships

March 17, 2022 5:49 PM CNN

By Anna Cooban, CNN Business A Dubai-owned British ferry company fired 800 seafarers on Thursday, bringing chaos to some of the country’s…

‘There is literally no paper trail’: How Russia experts say Putin hides a fortune

March 17, 2022 3:42 PM CNN Newsource

By Curt Devine, Casey Tolan and Majlie de Puy Kamp, CNN The sprawling billion-dollar palace that sits on a hilltop overlooking the Black Sea is seen…

Koch Industries announced it will continue to operate in Russia. Seen here is Charles Koch

Koch Industries: Here’s why we’re staying in Russia

March 17, 2022 1:22 PM CNN Newsource

By Matt Egan, CNN Business Koch Industries, the conglomerate run by billionaire Charles Koch, is planning to stay in Russia even as hundreds of…

Warren Buffett’s Berkshire Hathaway is making a huge bet on this oil company

March 17, 2022 12:53 PM CNN Newsource

By Paul R. La Monica, CNN Business The Oracle of Omaha is making an even bigger bet on a major oil company as crude prices continue to surge.…

An oil pumpjack pulls oil from the Permian Basin oil field on March 14

Oil spikes back above $100 as Russia fears grow

March 17, 2022 12:46 PM CNN Newsource

By Matt Egan, CNN Business Oil prices surged Thursday back above $100 a barrel on renewed concerns about the war in Ukraine disrupting Russia’s…

Samsung unveiled its new Galaxy A53 5G smartphone on March 17.

Samsung’s latest budget 5G smartphone takes on the iPhone SE

March 17, 2022 11:35 AM CNN Newsource

By Samantha Murphy Kelly, CNN Business Barely a week after Apple unveiled its first budget 5G smartphone, Samsung announced a competing model that…

UK ferry company fires 800 seafarers. Some are refusing to leave their ships

March 17, 2022 10:47 AM CNN Newsource

By Anna Cooban, CNN Business A Dubai-owned British ferry company fired 800 seafarers on Thursday, bringing chaos to some of the country’s…

Pictured is a home for sale in Framingham

US home prices rose 15% in February from a year ago

March 17, 2022 10:44 AM CNN

By Anna Bahney, CNN Business Home prices rose 15% to a median price of $357,300 in February from last year, as inventory stubbornly stayed near…

James Bond (Daniel Craig) and Dr. Madeleine Swann (Léa Seydoux) drive through Matera

Amazon closes $8.5 billion deal to acquire MGM

March 17, 2022 10:22 AM CNN Newsource

By Frank Pallotta, CNN Business James Bond is now an Amazon employee. The tech giant has closed its $8.5 billion deal to acquire MGM, the home of the…

Russia is barreling toward a default on its foreign debt payments. Pictured is the headquarters of Bank Rossii

What it means for Russia to default on its debt

March 17, 2022 9:51 AM CNN Newsource

By Allison Morrow, CNN Business Russia is barreling toward a default on its foreign debt payments, threatening to plunge its economy deeper into…

Mortgage rates rise above 4% for the first time since 2019

March 17, 2022 9:21 AM CNN Newsource

By Anna Bahney, CNN Business Mortgage rates climbed past 4% for the first time since May 2019. The 30-year fixed-rate mortgage averaged 4.16% in the…

Warren Buffett’s Berkshire Hathaway is making a huge bet on this oil company

March 17, 2022 9:02 AM CNN

By Paul R. La Monica, CNN Business The Oracle of Omaha is making an even bigger bet on a major oil company as crude prices continue to surge.…

A traveler connects with a driver at the Rideshare Lot at LAX Airport on Aug. 20

Uber and Lyft are offering fuel surcharges and cash back offers for workers. Is it enough?

March 17, 2022 8:18 AM CNN Newsource

By Sara Ashley O’Brien, CNN Business For many gig workers, their vehicles are how they make a living. And as independent contractors,…

The broken nickel market is a warning to Wall Street

March 17, 2022 7:49 AM CNN Newsource

By Julia Horowitz, CNN Business After a week-long pause, investors can trade nickel again on the London Metal Exchange. But the market remains…

The Fed can’t afford to move too slowly on interest rates

March 17, 2022 7:40 AM CNN Newsource

Opinion by Desmond Lachman for CNN Business Perspectives Even with consumer price inflation running at almost 8%, the Fed announced Wednesday it…

On March 17 the US Federal Reserve hiked its key short-term interest rate for the first time since 2018.

How to take advantage of rising interest rates

March 17, 2022 7:25 AM CNN Newsource

By Jeanne Sahadi, CNN Business As expected, the US Federal Reserve on Wednesday hiked its key short-term interest rate for the first time since 2018.…

Russian President Vladimir Putin (L) and Chinese President Xi Jinping are seen here during a meeting in Beijing

4 ways China is quietly making life harder for Russia

March 17, 2022 6:14 AM CNN Newsource

By Laura He, CNN Business China is quietly distancing itself from Russia’s sanction-hit economy. The two states proclaimed last month that…

4 ways China is quietly making life harder for Russia

March 17, 2022 6:14 AM CNN

By Laura He, CNN Business China is quietly distancing itself from Russia’s sanction-hit economy. The two states proclaimed last month that…